2529 S LAMAR BLVD TX 78704
| Owner | 2529 SOUTH LAMAR LP |
|---|---|
| Parcel ID | 0401091011 |
| Short ID | 303424 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,600 SF |
| Land SF | 48,656 SF |
| Acres | 1.117 |
| Year Built | 2006 |
| Legal | LOT 1 BLK A BLUEBONNET TACO SUBD |
| Neighborhood | 32CEN |
| Land | $2,223,812 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,223,812 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,150,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,150,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,150,000 |
| Taxable Value | $2,150,000 |
|---|
Appreciation: Market value has fallen -24.5% from $2,847,000 (2021) to $2,150,000 (2025), a CAGR of -6.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged 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 $43,999. 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 103% of market value ($2,223,812 land vs $0 improvements), about $46/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,150,000, 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 -6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,513,569 by 2030, with an estimated annual tax burden around $28,512. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 16,500 SF | ✗ |
| 1ST | 1st Floor | 3,600 SF | ✓ |
| 611 | TERRACE | 1,522 SF | ✗ |
| 511 | DECK | 875 SF | ✗ |
| 501 | CANOPY | 370 SF | ✗ |
| 327 | STORAGE COMM'L | 200 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $19,891.80 | $19,891.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,266.37 | $11,266.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,080.67 | $8,080.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,537.49 | $2,537.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,223.10 | $2,223.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,999.43 | $43,999.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,214,000 | $2,150,000 | +3.0% |
| Assessed Value | $2,214,000 | $2,150,000 | +3.0% |
| Land Value | $2,223,812 | $2,223,812 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,214,000 | $2,150,000 | +3.0% |
| Total Tax 2026 = estimate |
~$45,309
Estimated
|
~$43,999
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,302,198 | $2,214,000 | -88,198 (-3.8%) |
| Taxable Value | $2,302,198 | $2,214,000 | -88,198 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,214,000 | $2,223,812 | — | — | $2,214,000 | $2,214,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,150,000 | $2,223,812 | — | — | $2,150,000 | $2,150,000 | ~$43,999 | Partial |
| 2024 | $2,256,994 | — | — | −$131,994 | $2,125,000 | $— | $41,643 | Verified |
| 2023 | $1,914,869 | — | — | — | $2,223,812 ! | $— | $38,149 | Verified |
| 2022 | $1,800,000 | — | — | — | $1,881,687 ! | $— | $37,538 | Verified |
| 2021 | $2,847,000 | — | — | −$1,078,191 | $1,768,809 | $— | $39,180 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.1% | +7.1% | ~100% | Not available | Partial |
| 2025 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2024 | -5.8% | -5.8% | ~100% | 1.9600% | Verified |
| 2023 | +17.9% | +17.9% | ~100% | 1.6900% | Verified |
| 2022 | +6.4% | +6.4% | ~100% | 1.9600% | Verified |
| 2021 | base year | — | ~100% | 1.3800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | -2.8% | -7.3% | +17.9% | 2024 | -36.8% | 2022 |
| Assessment Ratio | 100.0% | 96.1% | — | 116.1% | 2023 | 62.1% | 2021 |
| 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 |
$43,999 | $40,102 | ~$34,191 | $43,999 | 2025 | $37,538 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,004,247 | ~$2,004,247 | ~2.0139% | ~$40,364 | -6.8% |
| 2027 | ~$1,868,375 | ~$1,868,375 | ~1.9814% | ~$37,020 | -13.1% |
| 2028 | ~$1,741,713 | ~$1,741,713 | ~1.9488% | ~$33,943 | -19.0% |
| 2029 | ~$1,623,639 | ~$1,623,639 | ~1.9163% | ~$31,114 | -24.5% |
| 2030 | ~$1,513,569 | ~$1,513,569 | ~1.8837% | ~$28,512 | -29.6% |
| 2026 | ~$2,042,500 | ~$2,042,500 | ~2.0465% | ~$41,799 | -5.0% |
| 2027 | ~$1,940,375 | ~$1,940,375 | ~2.0465% | ~$39,709 | -9.8% |
| 2028 | ~$1,843,356 | ~$1,843,356 | ~2.0465% | ~$37,724 | -14.3% |
| 2029 | ~$1,751,188 | ~$1,751,188 | ~2.0465% | ~$35,838 | -18.5% |
| 2030 | ~$1,663,629 | ~$1,663,629 | ~2.0465% | ~$34,046 | -22.6% |
| 2026 | ~$2,047,247 | ~$2,047,247 | ~1.9977% | ~$40,897 | -4.8% |
| 2027 | ~$1,949,404 | ~$1,949,404 | ~1.9488% | ~$37,991 | -9.3% |
| 2028 | ~$1,856,238 | ~$1,856,238 | ~1.9000% | ~$35,269 | -13.7% |
| 2029 | ~$1,767,525 | ~$1,767,525 | ~1.8512% | ~$32,720 | -17.8% |
| 2030 | ~$1,683,051 | ~$1,683,051 | ~1.8024% | ~$30,335 | -21.7% |
In 2025, this property's market value of $2,150,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +52% 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 | $2,150,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,256,994 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,914,869 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,800,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,847,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.