2632 S LAMAR BLVD TX 78704
| Owner | MASON/RENFROW DENTON LLC |
|---|---|
| Parcel ID | 0401090174 |
| Short ID | 303330 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,231 SF |
| Land SF | 17,500 SF |
| Acres | 0.402 |
| Year Built | 1975 |
| Legal | LOT 3 *RESUB OF LOT B CARR K ADDN THE |
| Neighborhood | 33CEN |
| Land | $2,275,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,275,000 |
| Improvement | $47,421 |
|---|---|
| Total Improvement | $47,421 |
| Market | $2,322,421 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,322,421 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,322,421 |
| Taxable Value | $2,322,421 |
|---|
Appreciation: Market value has risen +41.3% from $1,643,679 (2021) to $2,322,421 (2025), a CAGR of 9.0% 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 $47,528. 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 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 98% of market value ($2,275,000 land vs $47,421 improvements), about $130/SF of land. With value concentrated in the land under a ~51-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 $2,322,421, 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 +9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,577,634 by 2030, with an estimated annual tax burden around $67,393. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,852 SF | ✗ |
| 501 | CANOPY | 3,946 SF | ✗ |
| 611 | TERRACE | 1,582 SF | ✗ |
| 1ST | 1st Floor | 1,231 SF | ✓ |
| 435 | FENCE IRON LF | 52 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% | $21,487.04 | $21,487.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,169.88 | $12,169.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,728.70 | $8,728.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,740.99 | $2,740.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,401.38 | $2,401.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,527.99 | $47,527.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,324,453 | $2,322,421 | +0.1% |
| Assessed Value | $2,324,453 | $2,322,421 | +0.1% |
| Land Value | $2,275,000 | $2,275,000 | +0.0% |
| Improvement Value | $49,453 | $47,421 | +4.3% |
| Taxable Value | $2,324,453 | $2,322,421 | +0.1% |
| Total Tax 2026 = estimate |
~$47,570
Estimated
|
~$47,528
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,324,453 | $2,324,453 | +0 (+0.0%) |
| Taxable Value | $2,324,453 | $2,324,453 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,324,453 | $2,275,000 | $49,453 | — | $2,324,453 | $2,324,453 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,322,421 | $2,275,000 | $47,421 | — | $2,322,421 | $2,322,421 | ~$47,528 | Partial |
| 2024 | $2,350,000 | — | — | −$75,000 | $2,275,000 | $— | $46,029 | Verified |
| 2023 | $1,820,441 | — | — | — | $2,275,000 ! | $— | $41,576 | Verified |
| 2022 | $1,819,571 | — | — | −$69,571 | $1,750,000 | $— | $35,952 | Verified |
| 2021 | $1,643,679 | — | — | — | $1,750,000 ! | $— | $39,606 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | -1.2% | -1.2% | ~100% | 1.9800% | Verified |
| 2023 | +29.1% | +29.1% | ~100% | 1.7700% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +7.7% | +9.0% | +29.1% | 2024 | -1.2% | 2025 |
| Assessment Ratio | 100.0% | 104.1% | — | 125.0% | 2023 | 96.2% | 2022 |
| 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 |
$47,528 | $42,138 | ~$58,925 | $47,528 | 2025 | $35,952 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,532,048 | ~$2,532,048 | ~2.0139% | ~$50,994 | +9.0% |
| 2027 | ~$2,760,596 | ~$2,760,596 | ~1.9814% | ~$54,698 | +18.9% |
| 2028 | ~$3,009,774 | ~$3,009,774 | ~1.9488% | ~$58,656 | +29.6% |
| 2029 | ~$3,281,443 | ~$3,281,443 | ~1.9163% | ~$62,882 | +41.3% |
| 2030 | ~$3,577,634 | ~$3,577,634 | ~1.8837% | ~$67,393 | +54.0% |
| 2026 | ~$2,485,600 | ~$2,485,600 | ~2.0465% | ~$50,867 | +7.0% |
| 2027 | ~$2,660,243 | ~$2,660,243 | ~2.0465% | ~$54,441 | +14.5% |
| 2028 | ~$2,847,158 | ~$2,847,158 | ~2.0465% | ~$58,267 | +22.6% |
| 2029 | ~$3,047,206 | ~$3,047,206 | ~2.0465% | ~$62,361 | +31.2% |
| 2030 | ~$3,261,310 | ~$3,261,310 | ~2.0465% | ~$66,742 | +40.4% |
| 2026 | ~$2,578,496 | ~$2,554,663 | ~1.9977% | ~$51,034 | +11.0% |
| 2027 | ~$2,862,807 | ~$2,810,129 | ~1.9488% | ~$54,765 | +23.3% |
| 2028 | ~$3,178,467 | ~$3,091,142 | ~1.9000% | ~$58,732 | +36.9% |
| 2029 | ~$3,528,932 | ~$3,400,257 | ~1.8512% | ~$62,945 | +52.0% |
| 2030 | ~$3,918,040 | ~$3,740,282 | ~1.8024% | ~$67,414 | +68.7% |
In 2025, this property's market value of $2,322,421 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +64% 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 | $2,322,421 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,350,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,820,441 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,819,571 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,643,679 | $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.