4638 S LAMAR BLVD AUSTIN, TX 78704
| Owner | INTREPID ONE LTD |
|---|---|
| Parcel ID | 0408150407 |
| Short ID | 509407 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,662 SF |
| Land SF | 27,548 SF |
| Acres | 0.632 |
| Year Built | 1974 |
| Legal | LOT 1 BLK H BARTON VIEW SEC 2 |
| Neighborhood | 53SCN |
| Land | $826,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $826,440 |
| Improvement | $1,476,257 |
|---|---|
| Total Improvement | $1,476,257 |
| Market | $2,302,697 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,302,697 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,302,697 |
| Taxable Value | $2,302,697 |
|---|
Appreciation: Market value has risen +115.0% from $1,070,988 (2021) to $2,302,697 (2025), a CAGR of 21.1% 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 $47,124. 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 36% of market value ($826,440 land vs $1,476,257 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~52 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,302,697, 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 +21.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,995,177 by 2030, with an estimated annual tax burden around $69,859. 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 | 15,002 SF | ✗ |
| 1ST | 1st Floor | 4,662 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 2,800 SF | ✓ |
| 501 | CANOPY | 1,398 SF | ✗ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
Market value changed by 106% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $21,304.55 | $21,304.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,066.52 | $12,066.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,654.57 | $8,654.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,717.71 | $2,717.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,380.99 | $2,380.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,124.34 | $47,124.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,865,383 | $2,302,697 | -19.0% |
| Assessed Value | $1,865,383 | $2,302,697 | -19.0% |
| Land Value | $826,440 | $826,440 | +0.0% |
| Improvement Value | $1,038,943 | $1,476,257 | -29.6% |
| Taxable Value | $1,865,383 | $2,302,697 | -19.0% |
| Total Tax 2026 = estimate |
~$38,175
Estimated
|
~$47,124
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,049,871 | $1,865,383 | -184,488 (-9.0%) |
| Taxable Value | $2,049,871 | $1,865,383 | -184,488 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,865,383 | $826,440 | $1,038,943 | — | $1,865,383 | $1,865,383 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,302,697 | $826,440 | $1,476,257 | — | $2,302,697 | $2,302,697 | ~$47,124 | Partial |
| 2024 | $2,247,245 | — | — | −$1,420,805 | $826,440 | $— | $44,536 | Verified |
| 2023 | $1,092,408 | — | — | −$265,968 | $826,440 | $— | $40,658 | Verified |
| 2022 | $1,092,408 | — | — | −$541,448 | $550,960 | $— | $21,574 | Verified |
| 2021 | $1,070,988 | — | — | −$520,028 | $550,960 | $— | $23,778 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.0% | -11.0% | ~100% | Not available | Partial |
| 2025 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +105.7% ! | +105.7% | ~100% | 1.8100% | Verified |
| 2022 | -9.8% | -9.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +90.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -19.0% | +18.2% | +26.8% | +105.7% | 2024 | -19.0% | 2026 |
| Assessment Ratio | 100.0% | 69.0% | — | 100.0% | 2025 | 36.8% | 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 |
$47,124 | $35,534 | ~$60,083 | $47,124 | 2025 | $21,574 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,788,366 | ~$2,532,967 | ~2.0139% | ~$51,012 | +21.1% |
| 2027 | ~$3,376,470 | ~$2,786,263 | ~1.9814% | ~$55,207 | +46.6% |
| 2028 | ~$4,088,612 | ~$3,064,890 | ~1.9488% | ~$59,730 | +77.6% |
| 2029 | ~$4,950,955 | ~$3,371,379 | ~1.9163% | ~$64,605 | +115.0% |
| 2030 | ~$5,995,177 | ~$3,708,517 | ~1.8837% | ~$69,859 | +160.4% |
| 2026 | ~$2,742,312 | ~$2,532,967 | ~2.0465% | ~$51,837 | +19.1% |
| 2027 | ~$3,265,856 | ~$2,786,263 | ~2.0465% | ~$57,020 | +41.8% |
| 2028 | ~$3,889,352 | ~$3,064,890 | ~2.0465% | ~$62,723 | +68.9% |
| 2029 | ~$4,631,881 | ~$3,371,379 | ~2.0465% | ~$68,995 | +101.2% |
| 2030 | ~$5,516,168 | ~$3,708,517 | ~2.0465% | ~$75,894 | +139.6% |
| 2026 | ~$2,834,420 | ~$2,532,967 | ~1.9977% | ~$50,600 | +23.1% |
| 2027 | ~$3,488,926 | ~$2,786,263 | ~1.9488% | ~$54,300 | +51.5% |
| 2028 | ~$4,294,565 | ~$3,064,890 | ~1.9000% | ~$58,233 | +86.5% |
| 2029 | ~$5,286,237 | ~$3,371,379 | ~1.8512% | ~$62,411 | +129.6% |
| 2030 | ~$6,506,900 | ~$3,708,517 | ~1.8024% | ~$66,841 | +182.6% |
In 2025, this property's market value of $2,302,697 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +62% 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 | $2,302,697 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,247,245 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,092,408 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,092,408 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,070,988 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.