2102 S RANCH RD 620 TX 78734
| Owner | SONIC DEVELOPMENT OF CENTRAL T |
|---|---|
| Parcel ID | 0133700319 |
| Short ID | 366590 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,336 SF |
| Land SF | 48,787 SF |
| Acres | 1.120 |
| Year Built | 1995 |
| Legal | LOT 1 620 SOUTH SONIC SUBD |
| Neighborhood | 33SWE |
| Land | $926,953 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $926,953 |
| Improvement | $52,316 |
|---|---|
| Total Improvement | $52,316 |
| Market | $979,269 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $979,269 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $979,269 |
| Exemptions (−) | −$926,953 |
|---|---|
| Taxable Value | $52,316 |
Appreciation: Market value has fallen -9.9% from $1,086,291 (2021) to $979,269 (2025), a CAGR of -2.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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.
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 95% of market value ($926,953 land vs $52,316 improvements), about $19/SF of land. With value concentrated in the land under a ~31-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 $979,269, this parcel sits in the lower-middle (25th–50th 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 -2.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $860,195 by 2030, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 10,376 SF | ✗ |
| 501 | CANOPY | 4,944 SF | ✗ |
| 1ST | 1st Floor | 1,336 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $981,391 | $979,269 | +0.2% |
| Assessed Value | $981,391 | $979,269 | +0.2% |
| Land Value | $926,953 | $926,953 | +0.0% |
| Improvement Value | $54,438 | $52,316 | +4.1% |
| Taxable Value | $54,438 | $52,316 | +4.1% |
| Exemptions | — | @ | |
| Total Tax | Not available | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $981,391 | $981,391 | +0 (+0.0%) |
| Taxable Value | $54,438 | $54,438 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $981,391 | $926,953 | $54,438 | — | $981,391 | $54,438 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $979,269 | $926,953 | $52,316 | — | $979,269 | $52,316 | not in county billing file ⓘ | Partial |
| 2024 | $926,953 | — | — | — | $926,953 | $— | $84 | Verified |
| 2023 | $926,953 | — | — | — | $926,953 | $— | not in county billing file ⓘ | Partial |
| 2022 | $928,104 | — | — | −$1,151 | $926,953 | $— | not in county billing file ⓘ | Partial |
| 2021 | $1,086,291 | — | — | −$159,338 | $926,953 | $— | $18,639 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | +5.7% | +5.7% | ~100% | 0.0100% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -0.1% | -0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | 1.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | -1.8% | -2.6% | +5.6% | 2025 | -14.6% | 2022 |
| Assessment Ratio | 100.0% | 97.5% | — | 100.0% | 2023 | 85.3% | 2021 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $84 | $9,361 | — | $18,639 | 2021 | $84 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$954,203 | ~$954,203 | ~0.0000% | ~$0 | -2.6% |
| 2027 | ~$929,779 | ~$929,779 | ~0.0000% | ~$0 | -5.1% |
| 2028 | ~$905,981 | ~$905,981 | ~0.0000% | ~$0 | -7.5% |
| 2029 | ~$882,791 | ~$882,791 | ~0.0000% | ~$0 | -9.9% |
| 2030 | ~$860,195 | ~$860,195 | ~0.0000% | ~$0 | -12.2% |
| 2026 | ~$934,618 | ~$934,618 | ~0.0000% | ~$0 | -4.6% |
| 2027 | ~$892,003 | ~$892,003 | ~0.0000% | ~$0 | -8.9% |
| 2028 | ~$851,331 | ~$851,331 | ~0.0000% | ~$0 | -13.1% |
| 2029 | ~$812,514 | ~$812,514 | ~0.0000% | ~$0 | -17.0% |
| 2030 | ~$775,466 | ~$775,466 | ~0.0000% | ~$0 | -20.8% |
| 2026 | ~$973,789 | ~$973,789 | ~0.0000% | ~$0 | -0.6% |
| 2027 | ~$968,339 | ~$968,339 | ~0.0000% | ~$0 | -1.1% |
| 2028 | ~$962,920 | ~$962,920 | ~0.0000% | ~$0 | -1.7% |
| 2029 | ~$957,531 | ~$957,531 | ~0.0000% | ~$0 | -2.2% |
| 2030 | ~$952,173 | ~$952,173 | ~0.0000% | ~$0 | -2.8% |
In 2025, this property's market value of $979,269 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -31% below 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 | $979,269 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $926,953 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $926,953 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $928,104 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,086,291 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | base yr |