3000 S RANCH RD 620 TX 78738
| Owner | PMB LAKEWAY MEDICAL PLAZA LLC |
|---|---|
| Parcel ID | 0129730602 |
| Short ID | 798790 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 54,551 SF |
| Land SF | 624,826 SF |
| Acres | 14.344 |
| Year Built | 2011 |
| Legal | IMPS ONLY UNT 1(GAC HOSPITAL/GARAGE A) LAKEWAY REGIONAL MEDICAL CENTER CONDOMINIUM AMENDED |
| Neighborhood | 55FSW |
| Land | $312,413 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $312,413 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $19,312,413 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $19,312,413 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $19,312,413 |
| Taxable Value | $19,312,413 |
|---|
Appreciation: Market value has fallen -3.8% from $20,080,782 (2021) to $19,312,413 (2025), a CAGR of -1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $357,204. 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 2% of market value ($312,413 land vs $0 improvements), about $0/SF of land. Most value sits in the improvements, so building condition, age (~15 yrs), and rent roll drive the underwriting.
Submarket Position: At $19,312,413, 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 -1.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,393,164 by 2030, with an estimated annual tax burden around $303,191. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 55,468 SF | ✗ |
| 551 | PAVED AREA | 28,000 SF | ✗ |
| 1ST | 1st Floor | 18,783 SF | ✓ |
| 2ND | 2nd Floor | 17,884 SF | ✓ |
| 3RD | 3rd Floor | 17,884 SF | ✓ |
| 611 | TERRACE | 4,359 SF | ✗ |
| 501 | CANOPY | 1,630 SF | ✗ |
| LOBBY | Lobby | 917 SF | ✓ |
| 437 | FENCE MASON LF | 50 SF | ✗ |
| 276 | ELEVATOR COM PAS | 2 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 798790 | LAKEWAY REGIONAL MEDICAL CTR LLC | 3000 RANCH RD 620 1 78738 | $312,413 | $312,413 | $312,413 |
| 827729 | PMB LAKEWAY MEDICAL PLAZA LLC | 3000 RANCH RD 620 78738 | $19,333,632 | $19,333,632 | $19,333,632 |
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% | $200,791.16 | $200,791.16 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $72,584.74 | $72,584.74 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $32,761.58 | $32,761.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,793.09 | $22,793.09 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $17,458.23 | $17,458.23 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $10,814.95 | $10,814.95 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $357,203.75 | $357,203.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,646,045 | $19,312,413 | +1.7% |
| Assessed Value | $19,646,045 | $19,312,413 | +1.7% |
| Land Value | $312,413 | $312,413 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $19,646,045 | $19,312,413 | +1.7% |
| Total Tax 2026 = estimate |
~$363,375
Estimated
|
~$357,204
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,646,045 | $19,646,045 | +0 (+0.0%) |
| Taxable Value | $19,646,045 | $19,646,045 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $19,646,045 | $312,413 | — | — | $19,646,045 | $19,646,045 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $19,312,413 | $312,413 | — | — | $19,312,413 | $19,312,413 | ~$357,204 | Partial |
| 2024 | $17,630,000 | — | — | −$17,317,587 | $312,413 | $— | $344,281 | Verified |
| 2023 | $22,890,182 | — | — | −$22,577,769 | $312,413 | $— | $315,759 | Verified |
| 2022 | $19,353,748 | — | — | −$19,041,335 | $312,413 | $— | $440,623 | Verified |
| 2021 | $20,080,782 | — | — | −$19,768,369 | $312,413 | $— | $395,404 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.8% | +1.8% | ~100% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | +12.5% | +12.5% | ~100% | 1.7100% | Verified |
| 2023 | -23.0% | -23.0% | ~100% | 1.7600% | Verified |
| 2022 | +18.3% | +18.3% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 1.9700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | +0.6% | -1.3% | +18.3% | 2023 | -23.0% | 2024 |
| Assessment Ratio | 100.0% | 34.4% | — | 100.0% | 2025 | 1.4% | 2023 |
| 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 |
$357,204 | $370,654 | ~$324,438 | $440,623 | 2022 | $315,759 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,124,959 | ~$19,124,959 | ~1.8094% | ~$346,040 | -1.0% |
| 2027 | ~$18,939,325 | ~$18,939,325 | ~1.7691% | ~$335,060 | -1.9% |
| 2028 | ~$18,755,493 | ~$18,755,493 | ~1.7289% | ~$324,260 | -2.9% |
| 2029 | ~$18,573,445 | ~$18,573,445 | ~1.6886% | ~$313,638 | -3.8% |
| 2030 | ~$18,393,164 | ~$18,393,164 | ~1.6484% | ~$303,191 | -4.8% |
| 2026 | ~$18,738,711 | ~$18,738,711 | ~1.8496% | ~$346,593 | -3.0% |
| 2027 | ~$18,182,052 | ~$18,182,052 | ~1.8496% | ~$336,297 | -5.9% |
| 2028 | ~$17,641,929 | ~$17,641,929 | ~1.8496% | ~$326,306 | -8.6% |
| 2029 | ~$17,117,851 | ~$17,117,851 | ~1.8496% | ~$316,613 | -11.4% |
| 2030 | ~$16,609,341 | ~$16,609,341 | ~1.8496% | ~$307,208 | -14.0% |
| 2026 | ~$19,511,208 | ~$19,511,208 | ~1.7892% | ~$349,103 | +1.0% |
| 2027 | ~$19,712,048 | ~$19,712,048 | ~1.7289% | ~$340,797 | +2.1% |
| 2028 | ~$19,914,957 | ~$19,914,957 | ~1.6685% | ~$332,284 | +3.1% |
| 2029 | ~$20,119,954 | ~$20,119,954 | ~1.6081% | ~$323,559 | +4.2% |
| 2030 | ~$20,327,061 | ~$20,327,061 | ~1.5478% | ~$314,619 | +5.3% |
In 2025, this property's market value of $19,312,413 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 14× 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 | $19,312,413 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $17,630,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $22,890,182 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $19,353,748 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $20,080,782 | $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.