1514 S RANCH RD 620 TX 78734
| Owner | MOONDANCE INVESTMENTS LTD |
|---|---|
| Parcel ID | 0133700213 |
| Short ID | 129758 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,677 SF |
| Land SF | 81,269 SF |
| Acres | 1.866 |
| Year Built | 1960 |
| Legal | LOT 1 CARPENTER DANIEL SUBD |
| Neighborhood | 53SWE |
| Land | $1,625,380 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,625,380 |
| Improvement | $344,701 |
|---|---|
| Total Improvement | $344,701 |
| Market | $1,970,081 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,970,081 |
| Value Limitation Adjustment (−) (homestead cap) | −$19,625 |
| Net Appraised (assessed) | $1,950,456 |
| Taxable Value | $1,950,456 |
|---|
Appreciation: Market value has fallen -27.0% from $2,700,000 (2021) to $1,970,081 (2025), a CAGR of -7.6% 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 $36,076. Lake Travis ISD is the largest single contributor, at 56.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,950,456) is $19,625 below market value, suggesting potential for an upward assessment in future years.
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 83% of market value ($1,625,380 land vs $344,701 improvements), about $20/SF of land. With value concentrated in the land under a ~66-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,970,081, 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 -7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,328,570 by 2030, with an estimated annual tax burden around $21,900. 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 | 7,700 SF | ✗ |
| 1ST | 1st Floor | 5,893 SF | ✓ |
| 501 | CANOPY | 1,811 SF | ✗ |
| 327 | STORAGE COMM'L | 1,225 SF | ✓ |
| 2ND | 2nd Floor | 784 SF | ✓ |
| 021 | PORCH CLOS 1ST F | 390 SF | ✓ |
| 611 | TERRACE | 360 SF | ✗ |
Market value changed by 82% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $20,278.89 | $20,278.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,330.69 | $7,330.69 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $3,308.75 | $3,308.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,301.99 | $2,301.99 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,763.19 | $1,763.19 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,092.26 | $1,092.26 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $36,075.77 | $36,075.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,970,081 | $1,970,081 | +0.0% |
| Assessed Value | $1,970,081 | $1,950,456 | +1.0% |
| Land Value | $1,625,380 | $1,625,380 | +0.0% |
| Improvement Value | $344,701 | $344,701 | +0.0% |
| Taxable Value | $1,970,081 | $1,950,456 | +1.0% |
| Total Tax 2026 = estimate |
~$36,439
Estimated
|
~$36,076
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,595,138 | $1,970,081 | -1,625,057 (-45.2%) |
| Taxable Value | $2,340,547 | $1,970,081 | -370,466 (-15.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,970,081 | $1,625,380 | $344,701 | — | $1,970,081 | $1,970,081 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,970,081 | $1,625,380 | $344,701 | −$19,625 | $1,950,456 | $1,950,456 | ~$36,076 | Partial |
| 2024 | $2,812,204 | — | — | −$1,186,824 | $1,625,380 | $— | $29,561 | Verified |
| 2023 | $2,882,000 | — | — | −$1,256,620 | $1,625,380 | $— | $49,490 | Verified |
| 2022 | $2,867,000 | — | — | −$1,241,620 | $1,625,380 | $— | $54,730 | Verified |
| 2021 | $2,700,000 | — | — | −$1,074,620 | $1,625,380 | $— | $57,643 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +82.5% ! | +20.0% | 65.1% | Not available | Partial |
| 2025 | +21.2% | +20.0% | 99.0% | Not available | Partial |
| 2024 | -42.2% | -42.2% | ~100% | 1.8200% | Verified |
| 2023 | -2.4% | -2.4% | ~100% | 1.7600% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -31.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -5.1% | -7.6% | +6.2% | 2022 | -29.9% | 2025 |
| Assessment Ratio | 100.0% | 71.7% | — | 100.0% | 2026 | 56.4% | 2023 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$36,076 | $45,500 | ~$27,156 | $57,643 | 2021 | $29,561 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,820,808 | ~$1,820,808 | ~1.8094% | ~$32,945 | -7.6% |
| 2027 | ~$1,682,845 | ~$1,682,845 | ~1.7691% | ~$29,772 | -14.6% |
| 2028 | ~$1,555,336 | ~$1,555,336 | ~1.7289% | ~$26,890 | -21.1% |
| 2029 | ~$1,437,489 | ~$1,437,489 | ~1.6886% | ~$24,274 | -27.0% |
| 2030 | ~$1,328,570 | ~$1,328,570 | ~1.6484% | ~$21,900 | -32.6% |
| 2026 | ~$1,871,577 | ~$1,871,577 | ~1.8496% | ~$34,617 | -5.0% |
| 2027 | ~$1,777,998 | ~$1,777,998 | ~1.8496% | ~$32,886 | -9.8% |
| 2028 | ~$1,689,098 | ~$1,689,098 | ~1.8496% | ~$31,242 | -14.3% |
| 2029 | ~$1,604,643 | ~$1,604,643 | ~1.8496% | ~$29,680 | -18.5% |
| 2030 | ~$1,524,411 | ~$1,524,411 | ~1.8496% | ~$28,196 | -22.6% |
| 2026 | ~$1,860,210 | ~$1,860,210 | ~1.7892% | ~$33,284 | -5.6% |
| 2027 | ~$1,756,466 | ~$1,756,466 | ~1.7289% | ~$30,367 | -10.8% |
| 2028 | ~$1,658,508 | ~$1,658,508 | ~1.6685% | ~$27,672 | -15.8% |
| 2029 | ~$1,566,013 | ~$1,566,013 | ~1.6081% | ~$25,184 | -20.5% |
| 2030 | ~$1,478,676 | ~$1,478,676 | ~1.5478% | ~$22,887 | -24.9% |
In 2025, this property's market value of $1,970,081 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +39% 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 | $1,970,081 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,812,204 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,882,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,867,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,700,000 | $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.