3698 S RANCH RD 620 TX 78736
| Owner | THERIOT FLP PROPERTIES III LLC & |
|---|---|
| Parcel ID | 0123660203 |
| Short ID | 541349 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 22,500 SF |
| Land SF | 87,120 SF |
| Acres | 2.000 |
| Year Built | 2000 |
| Legal | LOT 2&3 CARRELL JOHN H SUBD |
| Neighborhood | 65SWE |
| Land | $1,742,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,742,400 |
| Improvement | $3,257,600 |
|---|---|
| Total Improvement | $3,257,600 |
| Market | $5,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,000,000 |
| Taxable Value | $5,000,000 |
|---|
Appreciation: Market value has risen +19.7% from $4,178,133 (2021) to $5,000,000 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $82,198. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 35% of market value ($1,742,400 land vs $3,257,600 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,000,000, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,258,276 by 2030, with an estimated annual tax burden around $89,170. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 22,500 SF | ✓ |
| 551 | PAVED AREA | 22,000 SF | ✗ |
| 881 | COMMCL FINISHOUT | 14,858 SF | ✓ |
| 093 | HVAC COMMRCL SF | 7,088 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,000 SF | ✗ |
| 611 | TERRACE | 60 SF | ✗ |
| 437 | FENCE MASON LF | 48 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $51,985.00 | $51,985.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,792.25 | $18,792.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,901.15 | $5,901.15 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $4,519.95 | $4,519.95 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $1,000.00 | $1,000.00 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $82,198.35 | $82,198.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,600,000 | $5,000,000 | -8.0% |
| Assessed Value | $4,600,000 | $5,000,000 | -8.0% |
| Land Value | $1,742,400 | $1,742,400 | +0.0% |
| Improvement Value | $2,857,600 | $3,257,600 | -12.3% |
| Taxable Value | $4,600,000 | $5,000,000 | -8.0% |
| Total Tax 2026 = estimate |
~$75,622
Estimated
|
~$82,198
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,634,088 | $4,600,000 | -1,034,088 (-18.4%) |
| Taxable Value | $5,634,088 | $4,600,000 | -1,034,088 (-18.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,600,000 | $1,742,400 | $2,857,600 | — | $4,600,000 | $4,600,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,000,000 | $1,742,400 | $3,257,600 | — | $5,000,000 | $5,000,000 | ~$82,198 | Partial |
| 2024 | $5,900,000 | — | — | −$4,157,600 | $1,742,400 | $— | $91,092 | Verified |
| 2023 | $5,100,000 | — | — | −$3,357,600 | $1,742,400 | $— | $87,120 | Verified |
| 2022 | $4,400,000 | — | — | −$2,657,600 | $1,742,400 | $— | $88,522 | Verified |
| 2021 | $4,178,133 | — | — | −$2,435,733 | $1,742,400 | $— | $80,048 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.7% | +12.7% | ~100% | Not available | Partial |
| 2025 | -15.1% | -15.1% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | 1.5500% | Verified |
| 2023 | -7.6% | -7.6% | ~100% | 1.4800% | Verified |
| 2022 | +45.1% | +45.1% | ~100% | 1.3900% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.0% | +2.7% | +6.4% | +15.9% | 2023 | -15.3% | 2025 |
| Assessment Ratio | 100.0% | 57.5% | — | 100.0% | 2025 | 29.5% | 2024 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$82,198 | $85,796 | ~$86,476 | $91,092 | 2024 | $80,048 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,229,582 | ~$5,229,582 | ~1.6001% | ~$83,681 | +4.6% |
| 2027 | ~$5,469,705 | ~$5,469,705 | ~1.5563% | ~$85,126 | +9.4% |
| 2028 | ~$5,720,853 | ~$5,720,853 | ~1.5125% | ~$86,527 | +14.4% |
| 2029 | ~$5,983,534 | ~$5,983,534 | ~1.4687% | ~$87,877 | +19.7% |
| 2030 | ~$6,258,276 | ~$6,258,276 | ~1.4248% | ~$89,170 | +25.2% |
| 2026 | ~$5,129,582 | ~$5,129,582 | ~1.6440% | ~$84,329 | +2.6% |
| 2027 | ~$5,262,521 | ~$5,262,521 | ~1.6440% | ~$86,514 | +5.3% |
| 2028 | ~$5,398,907 | ~$5,398,907 | ~1.6440% | ~$88,756 | +8.0% |
| 2029 | ~$5,538,826 | ~$5,538,826 | ~1.6440% | ~$91,056 | +10.8% |
| 2030 | ~$5,682,372 | ~$5,682,372 | ~1.6440% | ~$93,416 | +13.6% |
| 2026 | ~$5,329,582 | ~$5,329,582 | ~1.5782% | ~$84,113 | +6.6% |
| 2027 | ~$5,680,888 | ~$5,680,888 | ~1.5125% | ~$85,922 | +13.6% |
| 2028 | ~$6,055,351 | ~$6,055,351 | ~1.4467% | ~$87,605 | +21.1% |
| 2029 | ~$6,454,497 | ~$6,454,497 | ~1.3810% | ~$89,137 | +29.1% |
| 2030 | ~$6,879,954 | ~$6,879,954 | ~1.3153% | ~$90,489 | +37.6% |
In 2025, this property's market value of $5,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,100,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,178,133 | $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.