2951 S RANCH RD 620 TX 78734
| Owner | HILL COUNTRY ENERGY PARTNERS LLC |
|---|---|
| Parcel ID | 0129700117 |
| Short ID | 786072 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 22,496 SF |
| Land SF | 268,678 SF |
| Acres | 6.168 |
| Year Built | 2012 |
| Legal | LOT 2A DISCOVERY POINT |
| Neighborhood | 52FSWE |
| Land | $3,022,628 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,022,628 |
| Improvement | $742,812 |
|---|---|
| Total Improvement | $742,812 |
| Market | $3,765,440 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,765,440 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,765,440 |
| Taxable Value | $3,765,440 |
|---|
Appreciation: Market value has fallen -30.7% from $5,434,215 (2021) to $3,765,440 (2025), a CAGR of -8.8% 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 $69,646. 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 80% of market value ($3,022,628 land vs $742,812 improvements), about $11/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,765,440, 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 -8.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,380,479 by 2030, with an estimated annual tax burden around $39,240. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 26,725 SF | ✗ |
| 1ST | 1st Floor | 11,560 SF | ✓ |
| 2ND | 2nd Floor | 10,936 SF | ✓ |
| 487 | PARKING UNDER | 9,860 SF | ✓ |
| 501 | CANOPY | 1,328 SF | ✗ |
| 611 | TERRACE | 1,328 SF | ✗ |
| 482 | LIGHT POLES | 7 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $39,149.28 | $39,149.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,152.22 | $14,152.22 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $6,387.69 | $6,387.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,444.09 | $4,444.09 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,403.92 | $3,403.92 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $2,108.65 | $2,108.65 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $69,645.85 | $69,645.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,699,847 | $3,765,440 | -1.7% |
| Assessed Value | $3,699,847 | $3,765,440 | -1.7% |
| Land Value | $3,022,628 | $3,022,628 | +0.0% |
| Improvement Value | $677,219 | $742,812 | -8.8% |
| Taxable Value | $3,699,847 | $3,765,440 | -1.7% |
| Total Tax 2026 = estimate |
~$68,433
Estimated
|
~$69,646
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,140,253 | $3,699,847 | -440,406 (-10.6%) |
| Taxable Value | $4,140,253 | $3,699,847 | -440,406 (-10.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,699,847 | $3,022,628 | $677,219 | — | $3,699,847 | $3,699,847 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,765,440 | $3,022,628 | $742,812 | — | $3,765,440 | $3,765,440 | ~$69,646 | Partial |
| 2024 | $5,000,000 | — | — | −$1,977,372 | $3,022,628 | $— | $76,672 | Verified |
| 2023 | $5,361,518 | — | — | −$2,338,890 | $3,022,628 | $— | $87,992 | Verified |
| 2022 | $5,200,000 | — | — | −$2,177,372 | $3,022,628 | $— | $101,816 | Verified |
| 2021 | $5,434,215 | — | — | −$2,411,586 | $3,022,629 | $— | $104,550 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.0% | +10.0% | ~100% | Not available | Partial |
| 2025 | -10.7% | -10.7% | ~100% | Not available | Partial |
| 2024 | -15.7% | -15.7% | ~100% | 1.8200% | Verified |
| 2023 | -6.7% | -6.7% | ~100% | 1.7600% | Verified |
| 2022 | -0.6% | -0.6% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.7% | -6.9% | -8.4% | +3.1% | 2023 | -24.7% | 2025 |
| Assessment Ratio | 100.0% | 71.8% | — | 100.0% | 2025 | 55.6% | 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 |
$69,646 | $88,135 | ~$50,070 | $104,550 | 2021 | $69,646 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,435,464 | ~$3,435,464 | ~1.8094% | ~$62,160 | -8.8% |
| 2027 | ~$3,134,406 | ~$3,134,406 | ~1.7691% | ~$55,451 | -16.8% |
| 2028 | ~$2,859,729 | ~$2,859,729 | ~1.7289% | ~$49,441 | -24.1% |
| 2029 | ~$2,609,124 | ~$2,609,124 | ~1.6886% | ~$44,059 | -30.7% |
| 2030 | ~$2,380,479 | ~$2,380,479 | ~1.6484% | ~$39,240 | -36.8% |
| 2026 | ~$3,577,168 | ~$3,577,168 | ~1.8496% | ~$66,164 | -5.0% |
| 2027 | ~$3,398,310 | ~$3,398,310 | ~1.8496% | ~$62,855 | -9.7% |
| 2028 | ~$3,228,394 | ~$3,228,394 | ~1.8496% | ~$59,713 | -14.3% |
| 2029 | ~$3,066,974 | ~$3,066,974 | ~1.8496% | ~$56,727 | -18.5% |
| 2030 | ~$2,913,626 | ~$2,913,626 | ~1.8496% | ~$53,891 | -22.6% |
| 2026 | ~$3,510,773 | ~$3,510,773 | ~1.7892% | ~$62,816 | -6.8% |
| 2027 | ~$3,273,330 | ~$3,273,330 | ~1.7289% | ~$56,592 | -13.1% |
| 2028 | ~$3,051,946 | ~$3,051,946 | ~1.6685% | ~$50,922 | -18.9% |
| 2029 | ~$2,845,535 | ~$2,845,535 | ~1.6081% | ~$45,760 | -24.4% |
| 2030 | ~$2,653,084 | ~$2,653,084 | ~1.5478% | ~$41,064 | -29.5% |
In 2025, this property's market value of $3,765,440 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +166% 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 | $3,765,440 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,361,518 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,200,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,434,215 | $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.