3207 S RANCH RD 620 TX 78738
| Owner | HAMSA LLC |
|---|---|
| Parcel ID | 0127700503 |
| Short ID | 738556 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 6,029 SF |
| Land SF | 28,045 SF |
| Acres | 0.644 |
| Year Built | 2015 |
| Legal | UNT 2 HONEY CREEK PROFESSIONAL CENTER CONDOMINIUM PLUS 42.0 % INT IN COM AREA |
| Neighborhood | 53SWE |
| Land | $701,117 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $701,117 |
| Improvement | $2,312,510 |
|---|---|
| Total Improvement | $2,312,510 |
| Market | $3,013,627 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,013,627 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,013,627 |
| Taxable Value | $3,013,627 |
|---|
Appreciation: Market value has risen +20.8% from $2,494,251 (2021) to $3,013,627 (2025), a CAGR of 4.8% over 4 years. This represents moderate, steady growth. 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 $55,740. 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 23% of market value ($701,117 land vs $2,312,510 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,013,627, 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 +4.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,817,475 by 2030, with an estimated annual tax burden around $62,927. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,015 SF | ✓ |
| 2ND | 2nd Floor | 3,014 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% | $31,332.68 | $31,332.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,326.57 | $11,326.57 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $5,112.32 | $5,112.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,556.77 | $3,556.77 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,724.29 | $2,724.29 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,687.63 | $1,687.63 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $55,740.26 | $55,740.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,010,224 | $3,013,627 | -0.1% |
| Assessed Value | $3,010,224 | $3,013,627 | -0.1% |
| Land Value | $701,117 | $701,117 | +0.0% |
| Improvement Value | $2,309,107 | $2,312,510 | -0.1% |
| Taxable Value | $3,010,224 | $3,013,627 | -0.1% |
| Total Tax 2026 = estimate |
~$55,677
Estimated
|
~$55,740
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,270,287 | $3,010,224 | -260,063 (-8.0%) |
| Taxable Value | $3,270,287 | $3,010,224 | -260,063 (-8.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,010,224 | $701,117 | $2,309,107 | — | $3,010,224 | $3,010,224 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,013,627 | $701,117 | $2,312,510 | — | $3,013,627 | $3,013,627 | ~$55,740 | Partial |
| 2024 | $2,400,000 | — | — | −$1,698,883 | $701,117 | $— | $46,430 | Verified |
| 2023 | $2,400,000 | — | — | −$1,624,743 | $775,257 | $— | $42,236 | Verified |
| 2022 | $2,400,000 | — | — | −$1,624,743 | $775,257 | $— | $45,577 | Verified |
| 2021 | $2,494,251 | — | — | −$1,718,994 | $775,257 | $— | $48,906 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.5% | +8.5% | ~100% | Not available | Partial |
| 2025 | +18.0% | +18.0% | ~100% | Not available | Partial |
| 2024 | -17.8% | -17.8% | ~100% | 1.8200% | Verified |
| 2023 | +4.6% | +4.6% | ~100% | 1.3600% | Verified |
| 2022 | +5.2% | +5.2% | ~100% | 1.5400% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.1% | +4.3% | +4.9% | +25.6% | 2025 | -3.8% | 2022 |
| Assessment Ratio | 100.0% | 54.1% | — | 100.0% | 2025 | 29.2% | 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 |
$55,740 | $47,778 | ~$60,045 | $55,740 | 2025 | $42,236 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,159,562 | ~$3,159,562 | ~1.8094% | ~$57,168 | +4.8% |
| 2027 | ~$3,312,563 | ~$3,312,563 | ~1.7691% | ~$58,603 | +9.9% |
| 2028 | ~$3,472,974 | ~$3,472,974 | ~1.7289% | ~$60,043 | +15.2% |
| 2029 | ~$3,641,152 | ~$3,641,152 | ~1.6886% | ~$61,486 | +20.8% |
| 2030 | ~$3,817,475 | ~$3,817,475 | ~1.6484% | ~$62,927 | +26.7% |
| 2026 | ~$3,099,289 | ~$3,099,289 | ~1.8496% | ~$57,325 | +2.8% |
| 2027 | ~$3,187,386 | ~$3,187,386 | ~1.8496% | ~$58,954 | +5.8% |
| 2028 | ~$3,277,987 | ~$3,277,987 | ~1.8496% | ~$60,630 | +8.8% |
| 2029 | ~$3,371,164 | ~$3,371,164 | ~1.8496% | ~$62,353 | +11.9% |
| 2030 | ~$3,466,989 | ~$3,466,989 | ~1.8496% | ~$64,126 | +15.0% |
| 2026 | ~$3,219,834 | ~$3,219,834 | ~1.7892% | ~$57,611 | +6.8% |
| 2027 | ~$3,440,151 | ~$3,440,151 | ~1.7289% | ~$59,476 | +14.2% |
| 2028 | ~$3,675,543 | ~$3,675,543 | ~1.6685% | ~$61,327 | +22.0% |
| 2029 | ~$3,927,042 | ~$3,927,042 | ~1.6081% | ~$63,153 | +30.3% |
| 2030 | ~$4,195,749 | ~$4,195,749 | ~1.5478% | ~$64,941 | +39.2% |
In 2025, this property's market value of $3,013,627 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +113% 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 | $3,013,627 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,494,251 | $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.