3209 S RANCH RD 620 TX 78738
| Owner | INDEPENDENT BANK OF AUSTIN SSB |
|---|---|
| Parcel ID | 0127700502 |
| Short ID | 738555 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 3,500 SF |
| Land SF | 38,728 SF |
| Acres | 0.889 |
| Year Built | 2007 |
| Legal | UNT 1 HONEY CREEK PROFESSIONAL CENTER CONDOMINIUM PLUS 58.0 % INT IN COM AREA |
| Neighborhood | 58SWE |
| Land | $774,567 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $774,567 |
| Improvement | $1,134,262 |
|---|---|
| Total Improvement | $1,134,262 |
| Market | $1,908,829 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,908,829 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,908,829 |
| Taxable Value | $1,908,829 |
|---|
Appreciation: Market value has risen +11.0% from $1,719,902 (2021) to $1,908,829 (2025), a CAGR of 2.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $35,306. 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 41% of market value ($774,567 land vs $1,134,262 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,908,829, 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 +2.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,174,434 by 2030, with an estimated annual tax burden around $35,843. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,500 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% | $19,846.10 | $19,846.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,174.24 | $7,174.24 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $3,238.14 | $3,238.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,252.86 | $2,252.86 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,725.56 | $1,725.56 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,068.94 | $1,068.94 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $35,305.84 | $35,305.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,918,011 | $1,908,829 | +0.5% |
| Assessed Value | $1,918,011 | $1,908,829 | +0.5% |
| Land Value | $774,567 | $774,567 | +0.0% |
| Improvement Value | $1,143,444 | $1,134,262 | +0.8% |
| Taxable Value | $1,918,011 | $1,908,829 | +0.5% |
| Total Tax 2026 = estimate |
~$35,476
Estimated
|
~$35,306
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,977,331 | $1,918,011 | -59,320 (-3.0%) |
| Taxable Value | $1,977,331 | $1,918,011 | -59,320 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,918,011 | $774,567 | $1,143,444 | — | $1,918,011 | $1,918,011 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,908,829 | $774,567 | $1,134,262 | — | $1,908,829 | $1,908,829 | ~$35,306 | Partial |
| 2024 | $1,788,275 | — | — | −$1,013,708 | $774,567 | $— | $34,467 | Verified |
| 2023 | $1,728,098 | — | — | −$871,624 | $856,474 | $— | $31,471 | Verified |
| 2022 | $1,737,470 | — | — | −$880,996 | $856,474 | $— | $32,817 | Verified |
| 2021 | $1,719,902 | — | — | −$863,428 | $856,474 | $— | $34,933 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.6% | +3.6% | ~100% | Not available | Partial |
| 2025 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2024 | +5.2% | +5.2% | ~100% | 1.8200% | Verified |
| 2023 | +4.3% | +4.3% | ~100% | 1.7500% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.5% | +2.2% | +2.5% | +6.7% | 2025 | -0.5% | 2023 |
| Assessment Ratio | 100.0% | 65.3% | — | 100.0% | 2025 | 43.3% | 2024 |
| 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 |
$35,306 | $33,799 | ~$35,665 | $35,306 | 2025 | $31,471 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,959,218 | ~$1,959,218 | ~1.8094% | ~$35,449 | +2.6% |
| 2027 | ~$2,010,938 | ~$2,010,938 | ~1.7691% | ~$35,576 | +5.3% |
| 2028 | ~$2,064,023 | ~$2,064,023 | ~1.7289% | ~$35,684 | +8.1% |
| 2029 | ~$2,118,509 | ~$2,118,509 | ~1.6886% | ~$35,774 | +11.0% |
| 2030 | ~$2,174,434 | ~$2,174,434 | ~1.6484% | ~$35,843 | +13.9% |
| 2026 | ~$1,921,042 | ~$1,921,042 | ~1.8496% | ~$35,532 | +0.6% |
| 2027 | ~$1,933,333 | ~$1,933,333 | ~1.8496% | ~$35,759 | +1.3% |
| 2028 | ~$1,945,702 | ~$1,945,702 | ~1.8496% | ~$35,988 | +1.9% |
| 2029 | ~$1,958,151 | ~$1,958,151 | ~1.8496% | ~$36,218 | +2.6% |
| 2030 | ~$1,970,680 | ~$1,970,680 | ~1.8496% | ~$36,450 | +3.2% |
| 2026 | ~$1,997,395 | ~$1,997,395 | ~1.7892% | ~$35,738 | +4.6% |
| 2027 | ~$2,090,070 | ~$2,090,070 | ~1.7289% | ~$36,135 | +9.5% |
| 2028 | ~$2,187,046 | ~$2,187,046 | ~1.6685% | ~$36,491 | +14.6% |
| 2029 | ~$2,288,520 | ~$2,288,520 | ~1.6081% | ~$36,803 | +19.9% |
| 2030 | ~$2,394,703 | ~$2,394,703 | ~1.5478% | ~$37,065 | +25.5% |
In 2025, this property's market value of $1,908,829 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +35% 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 | $1,908,829 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,788,275 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,728,098 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,737,470 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,719,902 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.