2102 S RANCH RD 620 TX 78734
| Owner | SONIC DEVELOPMENT OF CENTRAL T |
|---|---|
| Parcel ID | 0133700319 |
| Short ID | 366590 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,336 SF |
| Land SF | 48,787 SF |
| Acres | 1.120 |
| Year Built | 1995 |
| Legal | LOT 1 620 SOUTH SONIC SUBD |
| Neighborhood | 33SWE |
| Land | $926,953 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $926,953 |
| Improvement | $52,316 |
|---|---|
| Total Improvement | $52,316 |
| Market | $979,269 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $979,269 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $979,269 |
| Exemptions on file | PC |
|---|---|
| Taxable Value | $979,269 |
Appreciation: Market value has risen +5.5% from $928,104 (2021) to $979,269 (2025), a CAGR of 1.4% over 4 years. Growth has been relatively flat for this asset class. 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 +17.8%, so this parcel has lagged the broader commercial market over the same period.
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 95% of market value ($926,953 land vs $52,316 improvements), about $19/SF of land. With value concentrated in the land under a ~31-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 $979,269, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +1.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,037,737 by 2031, with an estimated annual tax burden around $0. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,376 SF | ✗ |
| 501 | CANOPY | 4,944 SF | ✗ |
| 1ST | 1st Floor | 1,336 SF | ✓ |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $981,391 | $979,269 | +0.2% |
| Assessed Value | $981,391 | $979,269 | +0.2% |
| Land Value | $926,953 | $926,953 | +0.0% |
| Improvement Value | $54,438 | $52,316 | +4.1% |
| Taxable Value | $981,391 | $979,269 | +0.2% |
| Exemptions | PC | PC | |
| Total Tax | Not available | — | |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $981,391 | $926,953 | $54,438 | — | $981,391 | $981,391 | Not yet — post-cert | Preliminary |
| 2025 | $979,269 | $926,953 | $52,316 | — | $979,269 | $979,269 | not in county billing file Why? | Partial |
| 2024 | $979,403 | $926,953 | $52,450 | — | $979,403 | $52,450 | $84 | Verified |
| 2023 | $926,953 | $926,953 | — | — | $926,953 | $— | not in county billing file Why? | Partial |
| 2022 | $926,953 | $926,953 | — | — | $926,953 | $— | not in county billing file Why? | Partial |
| 2021 | $928,104 | $926,953 | $1,151 | — | $928,104 | $928,104 | $18,639 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | +5.7% | +5.7% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -0.1% | -0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +1.2% | +1.1% | +5.7% | 2024 | -0.1% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $84 | $9,361 | — | $18,639 | 2021 | $84 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$992,410 | ~$992,410 | ~0.0000% | ~$0 | +1.1% |
| 2028 | ~$1,003,553 | ~$1,003,553 | ~0.0000% | ~$0 | +2.3% |
| 2029 | ~$1,014,821 | ~$1,014,821 | ~0.0000% | ~$0 | +3.4% |
| 2030 | ~$1,026,215 | ~$1,026,215 | ~0.0000% | ~$0 | +4.6% |
| 2031 | ~$1,037,737 | ~$1,037,737 | ~0.0000% | ~$0 | +5.7% |
| 2027 | ~$972,782 | ~$972,782 | ~0.0000% | ~$0 | -0.9% |
| 2028 | ~$964,249 | ~$964,249 | ~0.0000% | ~$0 | -1.7% |
| 2029 | ~$955,791 | ~$955,791 | ~0.0000% | ~$0 | -2.6% |
| 2030 | ~$947,406 | ~$947,406 | ~0.0000% | ~$0 | -3.5% |
| 2031 | ~$939,096 | ~$939,096 | ~0.0000% | ~$0 | -4.3% |
| 2027 | ~$1,012,038 | ~$1,012,038 | ~0.0000% | ~$0 | +3.1% |
| 2028 | ~$1,043,642 | ~$1,043,642 | ~0.0000% | ~$0 | +6.3% |
| 2029 | ~$1,076,233 | ~$1,076,233 | ~0.0000% | ~$0 | +9.7% |
| 2030 | ~$1,109,841 | ~$1,109,841 | ~0.0000% | ~$0 | +13.1% |
| 2031 | ~$1,144,499 | ~$1,144,499 | ~0.0000% | ~$0 | +16.6% |
In 2025, this property's market value of $979,269 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -29% below the county median of $1,382,921. 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 | $979,269 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $979,403 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $926,953 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $926,953 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $928,104 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |