1602 S RANCH RD 620 TX 78734
| Owner | FHF I OAKS AT LAKEWAY LLC |
|---|---|
| Parcel ID | 0133700219 |
| Short ID | 845928 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,330 SF |
| Land SF | 37,331 SF |
| Acres | 0.857 |
| Year Built | 2017 |
| Legal | LOT 3 BLK B OAKS AT LAKEWAY SUBD |
| Neighborhood | 33SWE |
| Land | $746,618 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $746,618 |
| Improvement | $962,466 |
|---|---|
| Total Improvement | $962,466 |
| Market | $1,709,084 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,709,084 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,709,084 |
| Taxable Value | $1,709,084 |
|---|
Appreciation: Market value has risen +1.2% from $1,689,045 (2021) to $1,709,084 (2025), a CAGR of 0.3% 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 $31,611. 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 44% of market value ($746,618 land vs $962,466 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,709,084, 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 +0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,734,467 by 2030, with an estimated annual tax burden around $28,591. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,330 SF | ✓ |
| 501 | CANOPY | 1,864 SF | ✗ |
| 611 | TERRACE | 1,864 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% | $17,769.35 | $17,769.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,423.51 | $6,423.51 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,899.29 | $2,899.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,017.11 | $2,017.11 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,544.99 | $1,544.99 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $957.09 | $957.09 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $31,611.34 | $31,611.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,709,084 | $1,709,084 | +0.0% |
| Assessed Value | $1,709,084 | $1,709,084 | +0.0% |
| Land Value | $746,618 | $746,618 | +0.0% |
| Improvement Value | $962,466 | $962,466 | +0.0% |
| Taxable Value | $1,709,084 | $1,709,084 | +0.0% |
| Total Tax 2026 = estimate |
~$31,611
Estimated
|
~$31,611
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,709,084 | $1,709,084 | +0 (+0.0%) |
| Taxable Value | $1,709,084 | $1,709,084 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,709,084 | $746,618 | $962,466 | — | $1,709,084 | $1,709,084 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,709,084 | $746,618 | $962,466 | — | $1,709,084 | $1,709,084 | ~$31,611 | Partial |
| 2024 | $1,818,384 | — | — | −$1,071,766 | $746,618 | $— | $33,112 | Verified |
| 2023 | $1,562,835 | — | — | −$816,217 | $746,618 | $— | $32,001 | Verified |
| 2022 | $1,618,661 | — | — | −$872,043 | $746,618 | $— | $29,679 | Verified |
| 2021 | $1,689,045 | — | — | −$942,427 | $746,618 | $— | $32,544 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -6.1% | -6.1% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | 1.8200% | Verified |
| 2023 | +16.4% | +16.4% | ~100% | 1.7600% | Verified |
| 2022 | -3.4% | -3.4% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.6% | +0.3% | +16.4% | 2024 | -6.0% | 2025 |
| Assessment Ratio | 100.0% | 63.2% | — | 100.0% | 2025 | 41.1% | 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 |
$31,611 | $31,789 | ~$29,807 | $33,112 | 2024 | $29,679 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,714,131 | ~$1,714,131 | ~1.8094% | ~$31,015 | +0.3% |
| 2027 | ~$1,719,192 | ~$1,719,192 | ~1.7691% | ~$30,415 | +0.6% |
| 2028 | ~$1,724,269 | ~$1,724,269 | ~1.7289% | ~$29,811 | +0.9% |
| 2029 | ~$1,729,361 | ~$1,729,361 | ~1.6886% | ~$29,203 | +1.2% |
| 2030 | ~$1,734,467 | ~$1,734,467 | ~1.6484% | ~$28,591 | +1.5% |
| 2026 | ~$1,679,949 | ~$1,679,949 | ~1.8496% | ~$31,072 | -1.7% |
| 2027 | ~$1,651,311 | ~$1,651,311 | ~1.8496% | ~$30,543 | -3.4% |
| 2028 | ~$1,623,161 | ~$1,623,161 | ~1.8496% | ~$30,022 | -5.0% |
| 2029 | ~$1,595,491 | ~$1,595,491 | ~1.8496% | ~$29,510 | -6.6% |
| 2030 | ~$1,568,292 | ~$1,568,292 | ~1.8496% | ~$29,007 | -8.2% |
| 2026 | ~$1,748,312 | ~$1,748,312 | ~1.7892% | ~$31,282 | +2.3% |
| 2027 | ~$1,788,441 | ~$1,788,441 | ~1.7289% | ~$30,920 | +4.6% |
| 2028 | ~$1,829,491 | ~$1,829,491 | ~1.6685% | ~$30,525 | +7.0% |
| 2029 | ~$1,871,483 | ~$1,871,483 | ~1.6081% | ~$30,096 | +9.5% |
| 2030 | ~$1,914,439 | ~$1,914,439 | ~1.5478% | ~$29,631 | +12.0% |
In 2025, this property's market value of $1,709,084 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +21% 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 | $1,709,084 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,818,384 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,562,835 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,618,661 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,689,045 | $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.