2525 S LAMAR BLVD 14 TX 78704
| Owner | VITELA QUINTEN E & CHRISTI |
|---|---|
| Parcel ID | 0401071615 |
| Short ID | 753568 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 735 SF |
| Land SF | 1,379 SF |
| Acres | 0.032 |
| Year Built | 2007 |
| Legal | UNT 14 SPACES 2525 CONDOMINIUMS PLUS 1.4805 % INT IN COM AREA |
| Neighborhood | 24SC01 |
| Land | $137,900 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $137,900 |
| Improvement | $357,766 |
|---|---|
| Total Improvement | $357,766 |
| Market | $495,666 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $495,666 |
| Value Limitation Adjustment (−) (homestead cap) | −$17,564 |
| Net Appraised (assessed) | $478,102 |
| Taxable Value | $478,102 |
|---|
Appreciation: Market value has risen +77.3% from $279,565 (2021) to $495,666 (2025), a CAGR of 15.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $9,784. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($478,102) is $17,564 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 28% of market value ($137,900 land vs $357,766 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $495,666, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +15.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,014,080 by 2030, with an estimated annual tax burden around $14,505. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 735 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $2,683.08 | $2,683.08 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,519.65 | $1,519.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,089.95 | $1,089.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $342.27 | $342.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $299.86 | $299.86 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $5,934.81 | $5,934.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $349,000 | $495,666 | -29.6% |
| Assessed Value | $348,000 | $478,102 | -27.2% |
| Land Value | $137,900 | $137,900 | +0.0% |
| Improvement Value | $211,100 | $357,766 | -41.0% |
| Taxable Value | $348,000 | $478,102 | -27.2% |
| HS Cap Loss | -$1,000 | — | |
| Total Tax 2026 = estimate |
~$7,122
Estimated
|
~$5,935
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $429,605 | $349,000 | -80,605 (-18.8%) |
| Taxable Value | $348,000 | $348,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $349,000 | $137,900 | $211,100 | −$1,000 | $348,000 | $348,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $495,666 | $137,900 | $357,766 | −$17,564 | $478,102 | $478,102 | ~$5,935 | Partial |
| 2024 | $398,418 | — | — | −$260,518 | $137,900 | $— | $7,896 | Verified |
| 2023 | $373,729 | — | — | −$235,829 | $137,900 | $— | $7,208 | Verified |
| 2022 | $287,000 | — | — | −$231,840 | $55,160 | $— | $7,381 | Verified |
| 2021 | $279,565 | — | — | −$224,405 | $55,160 | $— | $6,247 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.3% | -27.2% | 81.0% | Not available | Partial |
| 2025 | -26.2% | +0.0% | 96.5% | Not available | Partial |
| 2024 | +13.0% | -19.6% | 71.2% | 1.1800% | Verified |
| 2023 | +49.6% | +49.6% | ~100% | 1.2100% | Verified |
| 2022 | +22.1% | +22.1% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -29.6% | +6.9% | +25.1% | +30.2% | 2023 | -29.6% | 2026 |
| Assessment Ratio | 99.7% | 51.1% | — | 99.7% | 2026 | 19.2% | 2022 |
| Effective Tax Rate (2025) | 1.2000% | 1.2000% | — | 1.2000% | 2025 | 1.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,935 | $6,933 | ~$12,475 | $7,896 | 2024 | $5,935 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$571,960 | ~$525,912 | ~2.0139% | ~$10,592 | +15.4% |
| 2027 | ~$659,998 | ~$578,503 | ~1.9814% | ~$11,462 | +33.2% |
| 2028 | ~$761,586 | ~$636,354 | ~1.9488% | ~$12,402 | +53.6% |
| 2029 | ~$878,811 | ~$699,989 | ~1.9163% | ~$13,414 | +77.3% |
| 2030 | ~$1,014,080 | ~$769,988 | ~1.8837% | ~$14,505 | +104.6% |
| 2026 | ~$562,047 | ~$525,912 | ~2.0465% | ~$10,763 | +13.4% |
| 2027 | ~$637,317 | ~$578,503 | ~2.0465% | ~$11,839 | +28.6% |
| 2028 | ~$722,668 | ~$636,354 | ~2.0465% | ~$13,023 | +45.8% |
| 2029 | ~$819,450 | ~$699,989 | ~2.0465% | ~$14,325 | +65.3% |
| 2030 | ~$929,192 | ~$769,988 | ~2.0465% | ~$15,758 | +87.5% |
| 2026 | ~$581,873 | ~$525,912 | ~1.9977% | ~$10,506 | +17.4% |
| 2027 | ~$683,074 | ~$578,503 | ~1.9488% | ~$11,274 | +37.8% |
| 2028 | ~$801,876 | ~$636,354 | ~1.9000% | ~$12,091 | +61.8% |
| 2029 | ~$941,340 | ~$699,989 | ~1.8512% | ~$12,958 | +89.9% |
| 2030 | ~$1,105,060 | ~$769,988 | ~1.8024% | ~$13,878 | +122.9% |
In 2025, this property's market value of $495,666 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -65% below the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $495,666 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $398,418 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $373,729 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $287,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $279,565 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.