2706 S LAMAR BLVD TX 78704
| Owner | SOLA 2706 LLC |
|---|---|
| Parcel ID | 0401090124 |
| Short ID | 303285 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,202 SF |
| Land SF | 21,740 SF |
| Acres | 0.499 |
| Year Built | 1953 |
| Legal | ABS 14 SUR 21 HILL H P ACR .5 |
| Neighborhood | 61CEN |
| Land | $2,826,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,826,200 |
| Improvement | $63,084 |
|---|---|
| Total Improvement | $63,084 |
| Market | $2,889,284 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,889,284 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,889,284 |
| Taxable Value | $2,889,284 |
|---|
Appreciation: Market value has risen +39.0% from $2,078,843 (2021) to $2,889,284 (2025), a CAGR of 8.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. 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 $59,129. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 98% of market value ($2,826,200 land vs $63,084 improvements), about $130/SF of land. With value concentrated in the land under a ~73-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,889,284, this parcel sits in the upper-middle (50th–75th 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 +8.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,360,145 by 2030, with an estimated annual tax burden around $82,134. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,202 SF | ✓ |
| 881 | COMMCL FINISHOUT | 1,479 SF | ✓ |
| 551 | PAVED AREA | 900 SF | ✗ |
| 327 | STORAGE COMM'L | 306 SF | ✓ |
| 501 | CANOPY | 193 SF | ✗ |
| 073 | OBS HEAT CEILING | 65 SF | ✓ |
| 531 | OBS FENCE | 2 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% | $26,731.66 | $26,731.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,140.34 | $15,140.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,859.23 | $10,859.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,410.02 | $3,410.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,987.52 | $2,987.52 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59,128.77 | $59,128.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,663,150 | $2,889,284 | -7.8% |
| Assessed Value | $2,663,150 | $2,889,284 | -7.8% |
| Land Value | $2,826,200 | $2,826,200 | +0.0% |
| Improvement Value | — | $63,084 | — |
| Taxable Value | $2,663,150 | $2,889,284 | -7.8% |
| Total Tax 2026 = estimate |
~$54,501
Estimated
|
~$59,129
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,556,351 | $2,663,150 | -893,201 (-25.1%) |
| Taxable Value | $3,467,141 | $2,663,150 | -803,991 (-23.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,663,150 | $2,826,200 | — | — | $2,663,150 | $2,663,150 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,889,284 | $2,826,200 | $63,084 | — | $2,889,284 | $2,889,284 | ~$59,129 | Partial |
| 2024 | $3,124,659 | — | — | −$298,459 | $2,826,200 | $— | $57,260 | Verified |
| 2023 | $2,225,103 | — | — | — | $2,826,200 ! | $— | $48,926 | Verified |
| 2022 | $2,074,581 | — | — | −$117,981 | $1,956,600 | $— | $43,944 | Verified |
| 2021 | $2,078,843 | — | — | −$122,243 | $1,956,600 | $— | $45,157 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.1% | +20.0% | 97.5% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | 1.9800% | Verified |
| 2023 | +40.4% | +40.4% | ~100% | 1.5700% | Verified |
| 2022 | +7.3% | +7.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.8% | +6.4% | +10.4% | +40.4% | 2024 | -7.8% | 2026 |
| Assessment Ratio | 100.0% | 101.0% | — | 127.0% | 2023 | 90.4% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,129 | $50,883 | ~$72,367 | $59,129 | 2025 | $43,944 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,137,129 | ~$3,137,129 | ~2.0139% | ~$63,180 | +8.6% |
| 2027 | ~$3,406,234 | ~$3,406,234 | ~1.9814% | ~$67,491 | +17.9% |
| 2028 | ~$3,698,423 | ~$3,698,423 | ~1.9488% | ~$72,076 | +28.0% |
| 2029 | ~$4,015,677 | ~$4,015,677 | ~1.9163% | ~$76,952 | +39.0% |
| 2030 | ~$4,360,145 | ~$4,360,145 | ~1.8837% | ~$82,134 | +50.9% |
| 2026 | ~$3,079,343 | ~$3,079,343 | ~2.0465% | ~$63,018 | +6.6% |
| 2027 | ~$3,281,905 | ~$3,281,905 | ~2.0465% | ~$67,164 | +13.6% |
| 2028 | ~$3,497,791 | ~$3,497,791 | ~2.0465% | ~$71,582 | +21.1% |
| 2029 | ~$3,727,878 | ~$3,727,878 | ~2.0465% | ~$76,290 | +29.0% |
| 2030 | ~$3,973,101 | ~$3,973,101 | ~2.0465% | ~$81,309 | +37.5% |
| 2026 | ~$3,194,915 | ~$3,178,212 | ~1.9977% | ~$63,490 | +10.6% |
| 2027 | ~$3,532,875 | ~$3,496,034 | ~1.9488% | ~$68,132 | +22.3% |
| 2028 | ~$3,906,585 | ~$3,845,637 | ~1.9000% | ~$73,068 | +35.2% |
| 2029 | ~$4,319,827 | ~$4,230,201 | ~1.8512% | ~$78,309 | +49.5% |
| 2030 | ~$4,776,781 | ~$4,653,221 | ~1.8024% | ~$83,868 | +65.3% |
In 2025, this property's market value of $2,889,284 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +104% above 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 | $2,889,284 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,124,659 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,225,103 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,074,581 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,078,843 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.