3949 S LAMAR BLVD TX 78704
| Owner | FIRST STATE BANK |
|---|---|
| Parcel ID | 0404130206 |
| Short ID | 306066 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,619 SF |
| Land SF | 29,070 SF |
| Acres | 0.667 |
| Year Built | 2011 |
| Legal | LOT B WALTERS SUBD |
| Neighborhood | 58SWE |
| Land | $3,197,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,197,700 |
| Improvement | $1,402,300 |
|---|---|
| Total Improvement | $1,402,300 |
| Market | $4,600,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,600,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,600,000 |
| Taxable Value | $4,600,000 |
|---|
Appreciation: Market value has risen +39.9% from $3,287,157 (2021) to $4,600,000 (2025), a CAGR of 8.8% 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 $94,138. 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 70% of market value ($3,197,700 land vs $1,402,300 improvements), about $110/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,600,000, this parcel sits in the top quartile (≥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 +8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,001,314 by 2030, with an estimated annual tax burden around $131,887. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 13,000 SF | ✗ |
| 1ST | 1st Floor | 4,619 SF | ✓ |
| 503 | CANOPY - BANK | 2,100 SF | ✗ |
| 501 | CANOPY | 1,277 SF | ✗ |
| 611 | TERRACE | 1,277 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $42,559.20 | $42,559.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $24,104.78 | $24,104.78 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $17,288.87 | $17,288.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,429.06 | $5,429.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,756.40 | $4,756.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $94,138.31 | $94,138.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,762,526 | $4,600,000 | +3.5% |
| Assessed Value | $4,762,526 | $4,600,000 | +3.5% |
| Land Value | $3,197,700 | $3,197,700 | +0.0% |
| Improvement Value | $1,564,826 | $1,402,300 | +11.6% |
| Taxable Value | $4,762,526 | $4,600,000 | +3.5% |
| Total Tax 2026 = estimate |
~$97,464
Estimated
|
~$94,138
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,909,821 | $4,762,526 | -147,295 (-3.0%) |
| Taxable Value | $4,909,821 | $4,762,526 | -147,295 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,762,526 | $3,197,700 | $1,564,826 | — | $4,762,526 | $4,762,526 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,600,000 | $3,197,700 | $1,402,300 | — | $4,600,000 | $4,600,000 | ~$94,138 | Partial |
| 2024 | $4,459,447 | — | — | −$1,261,747 | $3,197,700 | $— | $87,153 | Verified |
| 2023 | $3,296,647 | — | — | −$98,947 | $3,197,700 | $— | $80,682 | Verified |
| 2022 | $3,296,647 | — | — | −$1,261,747 | $2,034,900 | $— | $65,106 | Verified |
| 2021 | $3,287,157 | — | — | −$1,252,257 | $2,034,900 | $— | $71,757 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2025 | +4.6% | +4.6% | ~100% | Not available | Partial |
| 2024 | -1.4% | -1.4% | ~100% | 1.9800% | Verified |
| 2023 | +35.3% | +35.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.5% | +8.5% | +8.0% | +35.3% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 82.0% | — | 100.0% | 2025 | 61.7% | 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 |
$94,138 | $79,767 | ~$115,833 | $94,138 | 2025 | $65,106 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,003,134 | ~$5,003,134 | ~2.0139% | ~$100,760 | +8.8% |
| 2027 | ~$5,441,599 | ~$5,441,599 | ~1.9814% | ~$107,819 | +18.3% |
| 2028 | ~$5,918,489 | ~$5,918,489 | ~1.9488% | ~$115,342 | +28.7% |
| 2029 | ~$6,437,174 | ~$6,437,174 | ~1.9163% | ~$123,355 | +39.9% |
| 2030 | ~$7,001,314 | ~$7,001,314 | ~1.8837% | ~$131,887 | +52.2% |
| 2026 | ~$4,911,134 | ~$4,911,134 | ~2.0465% | ~$100,506 | +6.8% |
| 2027 | ~$5,243,313 | ~$5,243,313 | ~2.0465% | ~$107,304 | +14.0% |
| 2028 | ~$5,597,960 | ~$5,597,960 | ~2.0465% | ~$114,561 | +21.7% |
| 2029 | ~$5,976,595 | ~$5,976,595 | ~2.0465% | ~$122,310 | +29.9% |
| 2030 | ~$6,380,839 | ~$6,380,839 | ~2.0465% | ~$130,583 | +38.7% |
| 2026 | ~$5,095,134 | ~$5,060,000 | ~1.9977% | ~$101,082 | +10.8% |
| 2027 | ~$5,643,564 | ~$5,566,000 | ~1.9488% | ~$108,472 | +22.7% |
| 2028 | ~$6,251,026 | ~$6,122,600 | ~1.9000% | ~$116,330 | +35.9% |
| 2029 | ~$6,923,873 | ~$6,734,860 | ~1.8512% | ~$124,675 | +50.5% |
| 2030 | ~$7,669,145 | ~$7,408,346 | ~1.8024% | ~$133,526 | +66.7% |
In 2025, this property's market value of $4,600,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,600,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,459,447 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,296,647 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,296,647 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,287,157 | $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.