S LAMAR BLVD TX 78704
| Owner | LCFRE AUSTIN BRODIE OAKS LLC |
|---|---|
| Parcel ID | 0407180117 |
| Short ID | 310476 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 49,796 SF |
| Land SF | 155,988 SF |
| Acres | 3.581 |
| Year Built | 1982 |
| Legal | LOT 4A BRODIE OAKS CENTER AMENDED |
| Neighborhood | 41CEN |
| Land | $7,799,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,799,400 |
| Improvement | $159,049 |
|---|---|
| Total Improvement | $159,049 |
| Market | $7,958,449 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,958,449 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,958,449 |
| Taxable Value | $7,958,449 |
|---|
Appreciation: Market value has fallen -8.5% from $8,700,000 (2021) to $7,958,449 (2025), a CAGR of -2.2% 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 $162,868. 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 ($7,799,400 land vs $159,049 improvements), about $50/SF of land. With value concentrated in the land under a ~44-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 $7,958,449, 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 -2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,119,753 by 2030, with an estimated annual tax burden around $134,118. 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 | 102,604 SF | ✗ |
| 1ST | 1st Floor | 49,796 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,024 SF | ✓ |
| 501 | CANOPY | 283 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% | $73,631.57 | $73,631.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,703.63 | $41,703.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,911.43 | $29,911.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,392.80 | $9,392.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,229.04 | $8,229.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $162,868.47 | $162,868.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,074,066 | $7,958,449 | +1.5% |
| Assessed Value | $8,074,066 | $7,958,449 | +1.5% |
| Land Value | $7,799,400 | $7,799,400 | +0.0% |
| Improvement Value | $274,666 | $159,049 | +72.7% |
| Taxable Value | $8,074,066 | $7,958,449 | +1.5% |
| Total Tax 2026 = estimate |
~$165,235
Estimated
|
~$162,868
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,348,733 | $8,074,066 | -274,667 (-3.3%) |
| Taxable Value | $8,348,733 | $8,074,066 | -274,667 (-3.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,074,066 | $7,799,400 | $274,666 | — | $8,074,066 | $8,074,066 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,958,449 | $7,799,400 | $159,049 | — | $7,958,449 | $7,958,449 | ~$162,868 | Partial |
| 2024 | $8,072,211 | — | — | −$272,811 | $7,799,400 | $— | $158,134 | Verified |
| 2023 | $7,558,176 | — | — | — | $7,799,400 ! | $— | $146,476 | Verified |
| 2022 | $6,152,180 | — | — | — | $7,019,460 ! | $— | $149,757 | Verified |
| 2021 | $8,700,000 | — | — | −$2,225,001 | $6,474,999 | $— | $134,252 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2024 | -1.7% | -1.7% | ~100% | 1.8900% | Verified |
| 2023 | +5.6% | +5.6% | ~100% | 1.7200% | Verified |
| 2022 | +24.4% | +24.4% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 1.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.5% | +0.1% | -2.5% | +22.9% | 2023 | -29.3% | 2022 |
| Assessment Ratio | 100.0% | 98.0% | — | 114.1% | 2022 | 74.4% | 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 |
$162,868 | $150,297 | ~$145,253 | $162,868 | 2025 | $134,252 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,783,156 | ~$7,783,156 | ~2.0139% | ~$156,748 | -2.2% |
| 2027 | ~$7,611,724 | ~$7,611,724 | ~1.9814% | ~$150,818 | -4.4% |
| 2028 | ~$7,444,068 | ~$7,444,068 | ~1.9488% | ~$145,073 | -6.5% |
| 2029 | ~$7,280,105 | ~$7,280,105 | ~1.9163% | ~$139,508 | -8.5% |
| 2030 | ~$7,119,753 | ~$7,119,753 | ~1.8837% | ~$134,118 | -10.5% |
| 2026 | ~$7,623,987 | ~$7,623,987 | ~2.0465% | ~$156,024 | -4.2% |
| 2027 | ~$7,303,581 | ~$7,303,581 | ~2.0465% | ~$149,467 | -8.2% |
| 2028 | ~$6,996,641 | ~$6,996,641 | ~2.0465% | ~$143,185 | -12.1% |
| 2029 | ~$6,702,600 | ~$6,702,600 | ~2.0465% | ~$137,168 | -15.8% |
| 2030 | ~$6,420,916 | ~$6,420,916 | ~2.0465% | ~$131,403 | -19.3% |
| 2026 | ~$7,942,325 | ~$7,942,325 | ~1.9977% | ~$158,661 | -0.2% |
| 2027 | ~$7,926,234 | ~$7,926,234 | ~1.9488% | ~$154,470 | -0.4% |
| 2028 | ~$7,910,175 | ~$7,910,175 | ~1.9000% | ~$150,295 | -0.6% |
| 2029 | ~$7,894,149 | ~$7,894,149 | ~1.8512% | ~$146,136 | -0.8% |
| 2030 | ~$7,878,155 | ~$7,878,155 | ~1.8024% | ~$141,994 | -1.0% |
In 2025, this property's market value of $7,958,449 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $7,958,449 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,072,211 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,558,176 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,152,180 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,700,000 | $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.