2414 S RANCH RD 620 TX 78734
| Owner | LAKEWAY PLAZA PARTNERS |
|---|---|
| Parcel ID | 0131730306 |
| Short ID | 583517 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 4,540 SF |
| Land SF | 53,056 SF |
| Acres | 1.218 |
| Year Built | 2003 |
| Legal | LOT 2A LAKEWAY TOWNE CENTRE REPLAT OF LOT 1 BLK A |
| Neighborhood | 58SWE |
| Land | $1,326,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,326,400 |
| Improvement | $1,933,285 |
|---|---|
| Total Improvement | $1,933,285 |
| Market | $3,259,685 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,259,685 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,259,685 |
| Taxable Value | $3,259,685 |
|---|
Appreciation: Market value has risen +15.7% from $2,816,400 (2021) to $3,259,685 (2025), a CAGR of 3.7% 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 $60,291. 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 ($1,326,400 land vs $1,933,285 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,259,685, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,913,157 by 2030, with an estimated annual tax burden around $64,504. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,820 SF | ✗ |
| 1ST | 1st Floor | 4,540 SF | ✓ |
| 503 | CANOPY - BANK | 1,760 SF | ✗ |
| LOBBY | Lobby | 1,424 SF | ✓ |
| 501 | CANOPY | 96 SF | ✗ |
| 611 | TERRACE | 96 SF | ✗ |
| 482 | LIGHT POLES | — 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% | $33,890.94 | $33,890.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $12,251.36 | $12,251.36 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $5,529.73 | $5,529.73 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,847.18 | $3,847.18 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,946.72 | $2,946.72 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,825.42 | $1,825.42 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $60,291.35 | $60,291.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,380,589 | $3,259,685 | +3.7% |
| Assessed Value | $3,380,589 | $3,259,685 | +3.7% |
| Land Value | $1,326,400 | $1,326,400 | +0.0% |
| Improvement Value | $2,054,189 | $1,933,285 | +6.3% |
| Taxable Value | $3,380,589 | $3,259,685 | +3.7% |
| Total Tax 2026 = estimate |
~$62,528
Estimated
|
~$60,291
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,380,589 | $3,380,589 | +0 (+0.0%) |
| Taxable Value | $3,380,589 | $3,380,589 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,380,589 | $1,326,400 | $2,054,189 | — | $3,380,589 | $3,380,589 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,259,685 | $1,326,400 | $1,933,285 | — | $3,259,685 | $3,259,685 | ~$60,291 | Partial |
| 2024 | $2,826,194 | — | — | −$1,499,794 | $1,326,400 | $— | $53,260 | Verified |
| 2023 | $2,794,919 | — | — | −$1,468,519 | $1,326,400 | $— | $49,737 | Verified |
| 2022 | $2,862,959 | — | — | −$1,536,559 | $1,326,400 | $— | $53,076 | Verified |
| 2021 | $2,816,400 | — | — | −$1,490,000 | $1,326,400 | $— | $57,562 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.7% | +3.7% | ~100% | Not available | Partial |
| 2025 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2024 | +15.1% | +15.1% | ~100% | 1.6400% | Verified |
| 2023 | +1.1% | +1.1% | ~100% | 1.7600% | Verified |
| 2022 | -2.4% | -2.4% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.7% | +3.9% | +3.0% | +15.3% | 2025 | -2.4% | 2023 |
| Assessment Ratio | 100.0% | 64.6% | — | 100.0% | 2025 | 46.3% | 2022 |
| 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 |
$60,291 | $54,785 | ~$62,863 | $60,291 | 2025 | $49,737 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,381,006 | ~$3,381,006 | ~1.8094% | ~$61,175 | +3.7% |
| 2027 | ~$3,506,843 | ~$3,506,843 | ~1.7691% | ~$62,040 | +7.6% |
| 2028 | ~$3,637,363 | ~$3,637,363 | ~1.7289% | ~$62,886 | +11.6% |
| 2029 | ~$3,772,740 | ~$3,772,740 | ~1.6886% | ~$63,708 | +15.7% |
| 2030 | ~$3,913,157 | ~$3,913,157 | ~1.6484% | ~$64,504 | +20.0% |
| 2026 | ~$3,315,812 | ~$3,315,812 | ~1.8496% | ~$61,329 | +1.7% |
| 2027 | ~$3,372,906 | ~$3,372,906 | ~1.8496% | ~$62,386 | +3.5% |
| 2028 | ~$3,430,983 | ~$3,430,983 | ~1.8496% | ~$63,460 | +5.3% |
| 2029 | ~$3,490,060 | ~$3,490,060 | ~1.8496% | ~$64,552 | +7.1% |
| 2030 | ~$3,550,154 | ~$3,550,154 | ~1.8496% | ~$65,664 | +8.9% |
| 2026 | ~$3,446,200 | ~$3,446,200 | ~1.7892% | ~$61,661 | +5.7% |
| 2027 | ~$3,643,387 | ~$3,643,387 | ~1.7289% | ~$62,990 | +11.8% |
| 2028 | ~$3,851,857 | ~$3,851,857 | ~1.6685% | ~$64,269 | +18.2% |
| 2029 | ~$4,072,255 | ~$4,072,255 | ~1.6081% | ~$65,488 | +24.9% |
| 2030 | ~$4,305,264 | ~$4,305,264 | ~1.5478% | ~$66,636 | +32.1% |
In 2025, this property's market value of $3,259,685 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +130% 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 | $3,259,685 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,826,194 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,794,919 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,862,959 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,816,400 | $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.