2301 S RANCH RD 620 TX 78734
| Owner | RANDALLS FOOD & DRUGS LP |
|---|---|
| Parcel ID | 0126770412 |
| Short ID | 495335 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 63,432 SF |
| Land SF | 564,712 SF |
| Acres | 12.964 |
| Year Built | 2000 |
| Legal | LOT 1A BLK A SCHRAMM RANCH SEC 1 PHS 1 THE |
| Neighborhood | 42SWE |
| Land | $5,421,234 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,421,234 |
| Improvement | $3,261,246 |
|---|---|
| Total Improvement | $3,261,246 |
| Market | $8,682,480 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,682,480 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,682,480 |
| Taxable Value | $8,682,480 |
|---|
Appreciation: Market value has fallen -22.3% from $11,177,000 (2021) to $8,682,480 (2025), a CAGR of -6.1% 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 6 taxing entities is 1.8496% in 2025 (+0.0309% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $160,592. Lake Travis ISD is the largest single contributor, at 56.2% 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 62% of market value ($5,421,234 land vs $3,261,246 improvements), about $10/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $8,682,480, 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 -6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,332,015 by 2030, with an estimated annual tax burden around $104,376. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 110,000 SF | ✗ |
| 1ST | 1st Floor | 63,432 SF | ✓ |
| 491 | SPRINKLER HEADS | 63,168 SF | ✗ |
| 501 | CANOPY | 5,522 SF | ✗ |
Market value changed by 87% in 2026, 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $90,271.74 | $90,271.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,632.67 | $32,632.67 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $14,728.96 | $14,728.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,247.32 | $10,247.32 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $7,848.88 | $7,848.88 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $4,862.19 | $4,862.19 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $160,591.76 | $160,591.76 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,316,526 | $8,682,480 | +7.3% |
| Assessed Value | $9,316,526 | $8,682,480 | +7.3% |
| Land Value | $5,273,989 | $5,421,234 | -2.7% |
| Improvement Value | $4,042,537 | $3,261,246 | +24.0% |
| Taxable Value | $9,316,526 | $8,682,480 | +7.3% |
| Total Tax 2026 = estimate |
~$172,319
Estimated
|
~$160,592
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,239,085 | $9,316,526 | -6,922,559 (-42.6%) |
| Taxable Value | $16,239,085 | $9,316,526 | -6,922,559 (-42.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,316,526 | $5,273,989 | $4,042,537 | — | $9,316,526 | $9,316,526 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,682,480 | $5,421,234 | $3,261,246 | — | $8,682,480 | $8,682,480 | ~$160,592 | Partial |
| 2024 | $8,682,480 | — | — | −$3,261,246 | $5,421,234 | $— | $157,909 | Verified |
| 2023 | $9,458,848 | — | — | −$4,037,614 | $5,421,234 | $— | $152,798 | Verified |
| 2022 | $9,128,000 | — | — | −$3,706,766 | $5,421,234 | $— | $173,247 | Verified |
| 2021 | $11,177,000 | — | — | −$5,755,766 | $5,421,234 | $— | $177,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +87.0% ! | +87.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.8200% | Verified |
| 2023 | -8.2% | -8.2% | ~100% | 1.7600% | Verified |
| 2022 | -0.9% | -0.9% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 1.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -9.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.3% | -3.1% | -7.4% | +7.3% | 2026 | -18.3% | 2022 |
| Assessment Ratio | 100.0% | 71.3% | — | 100.0% | 2025 | 48.5% | 2021 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$160,592 | $164,434 | ~$125,069 | $177,621 | 2021 | $152,798 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,151,235 | ~$8,151,235 | ~1.8094% | ~$147,486 | -6.1% |
| 2027 | ~$7,652,495 | ~$7,652,495 | ~1.7691% | ~$135,382 | -11.9% |
| 2028 | ~$7,184,271 | ~$7,184,271 | ~1.7289% | ~$124,207 | -17.3% |
| 2029 | ~$6,744,695 | ~$6,744,695 | ~1.6886% | ~$113,893 | -22.3% |
| 2030 | ~$6,332,015 | ~$6,332,015 | ~1.6484% | ~$104,376 | -27.1% |
| 2026 | ~$8,248,356 | ~$8,248,356 | ~1.8496% | ~$152,562 | -5.0% |
| 2027 | ~$7,835,938 | ~$7,835,938 | ~1.8496% | ~$144,934 | -9.8% |
| 2028 | ~$7,444,141 | ~$7,444,141 | ~1.8496% | ~$137,687 | -14.3% |
| 2029 | ~$7,071,934 | ~$7,071,934 | ~1.8496% | ~$130,803 | -18.5% |
| 2030 | ~$6,718,338 | ~$6,718,338 | ~1.8496% | ~$124,263 | -22.6% |
| 2026 | ~$8,324,885 | ~$8,324,885 | ~1.7892% | ~$148,952 | -4.1% |
| 2027 | ~$7,982,018 | ~$7,982,018 | ~1.7289% | ~$137,999 | -8.1% |
| 2028 | ~$7,653,272 | ~$7,653,272 | ~1.6685% | ~$127,696 | -11.9% |
| 2029 | ~$7,338,065 | ~$7,338,065 | ~1.6081% | ~$118,007 | -15.5% |
| 2030 | ~$7,035,841 | ~$7,035,841 | ~1.5478% | ~$108,900 | -19.0% |
In 2025, this property's market value of $8,682,480 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 | $8,682,480 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,682,480 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,458,848 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,128,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,177,000 | $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.