1909 S RANCH RD 620 TX 78734
| Owner | HEARNCO LLC |
|---|---|
| Parcel ID | 0133700524 |
| Short ID | 375191 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 13,200 SF |
| Land SF | 38,768 SF |
| Acres | 0.890 |
| Year Built | 1983 |
| Legal | LOT 1 LAKEWAY COMMERCIAL SUBD |
| Neighborhood | 83SWE |
| Land | $626,103 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $626,103 |
| Improvement | $1,024,733 |
|---|---|
| Total Improvement | $1,024,733 |
| Market | $1,650,836 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,650,836 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,650,836 |
| Taxable Value | $1,650,836 |
|---|
Appreciation: Market value has risen +8.3% from $1,525,000 (2021) to $1,650,836 (2025), a CAGR of 2.0% 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 $30,534. 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 38% of market value ($626,103 land vs $1,024,733 improvements), about $16/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,650,836, 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 +2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,822,832 by 2030, with an estimated annual tax burden around $30,047. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 13,200 SF | ✓ |
| 551 | PAVED AREA | 10,000 SF | ✗ |
| SO | Sketch Only | 3,601 SF | ✗ |
| 591 | MASONRY TRIM SF | 1,120 SF | ✗ |
| 093 | HVAC COMMRCL SF | 1,000 SF | ✗ |
| 328 | MEZZ COMM (STG) | 467 SF | ✓ |
| 327 | STORAGE COMM'L | 144 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% | $17,163.74 | $17,163.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,204.58 | $6,204.58 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,800.48 | $2,800.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,948.37 | $1,948.37 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,492.34 | $1,492.34 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $924.47 | $924.47 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $30,533.98 | $30,533.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,650,836 | $1,650,836 | +0.0% |
| Assessed Value | $1,650,836 | $1,650,836 | +0.0% |
| Land Value | $626,103 | $626,103 | +0.0% |
| Improvement Value | $1,024,733 | $1,024,733 | +0.0% |
| Taxable Value | $1,650,836 | $1,650,836 | +0.0% |
| Total Tax 2026 = estimate |
~$30,534
Estimated
|
~$30,534
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,877,907 | $1,650,836 | -227,071 (-12.1%) |
| Taxable Value | $1,877,907 | $1,650,836 | -227,071 (-12.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,650,836 | $626,103 | $1,024,733 | — | $1,650,836 | $1,650,836 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,650,836 | $626,103 | $1,024,733 | — | $1,650,836 | $1,650,836 | ~$30,534 | Partial |
| 2024 | $1,741,070 | — | — | −$1,114,967 | $626,103 | $— | $30,024 | Verified |
| 2023 | $1,590,000 | — | — | −$963,897 | $626,103 | $— | $30,640 | Verified |
| 2022 | $1,590,000 | — | — | −$963,897 | $626,103 | $— | $30,194 | Verified |
| 2021 | $1,525,000 | — | — | −$898,897 | $626,103 | $— | $31,968 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.8% | +13.8% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -5.2% | -5.2% | ~100% | 1.8200% | Verified |
| 2023 | +2.8% | +2.8% | ~100% | 1.7600% | Verified |
| 2022 | +6.5% | +6.5% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.7% | +2.0% | +9.5% | 2024 | -5.2% | 2025 |
| Assessment Ratio | 100.0% | 59.3% | — | 100.0% | 2025 | 36.0% | 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 |
$30,534 | $30,672 | ~$30,274 | $31,968 | 2021 | $30,024 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,683,885 | ~$1,683,885 | ~1.8094% | ~$30,468 | +2.0% |
| 2027 | ~$1,717,596 | ~$1,717,596 | ~1.7691% | ~$30,386 | +4.0% |
| 2028 | ~$1,751,981 | ~$1,751,981 | ~1.7289% | ~$30,290 | +6.1% |
| 2029 | ~$1,787,055 | ~$1,787,055 | ~1.6886% | ~$30,177 | +8.3% |
| 2030 | ~$1,822,832 | ~$1,822,832 | ~1.6484% | ~$30,047 | +10.4% |
| 2026 | ~$1,650,868 | ~$1,650,868 | ~1.8496% | ~$30,535 | +0.0% |
| 2027 | ~$1,650,901 | ~$1,650,901 | ~1.8496% | ~$30,535 | +0.0% |
| 2028 | ~$1,650,933 | ~$1,650,933 | ~1.8496% | ~$30,536 | +0.0% |
| 2029 | ~$1,650,966 | ~$1,650,966 | ~1.8496% | ~$30,536 | +0.0% |
| 2030 | ~$1,650,998 | ~$1,650,998 | ~1.8496% | ~$30,537 | +0.0% |
| 2026 | ~$1,716,902 | ~$1,716,902 | ~1.7892% | ~$30,720 | +4.0% |
| 2027 | ~$1,785,612 | ~$1,785,612 | ~1.7289% | ~$30,871 | +8.2% |
| 2028 | ~$1,857,071 | ~$1,857,071 | ~1.6685% | ~$30,985 | +12.5% |
| 2029 | ~$1,931,390 | ~$1,931,390 | ~1.6081% | ~$31,060 | +17.0% |
| 2030 | ~$2,008,684 | ~$2,008,684 | ~1.5478% | ~$31,090 | +21.7% |
In 2025, this property's market value of $1,650,836 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +16% 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 | $1,650,836 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,741,070 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,590,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,590,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,525,000 | $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.