303 S RANCH RD 620 TX 78734
| Owner | BRAKE SPECIALISTS REAL |
|---|---|
| Parcel ID | 0139660821 |
| Short ID | 366762 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,800 SF |
| Land SF | 38,314 SF |
| Acres | 0.880 |
| Year Built | 2007 |
| Legal | LOT 25-A CARDINAL HILLS UNIT 2 AMENDED PLAT OF LOTS 21-25 |
| Neighborhood | 83SWE |
| Land | $574,710 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $574,710 |
| Improvement | $1,176,303 |
|---|---|
| Total Improvement | $1,176,303 |
| Market | $1,751,013 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,751,013 |
| Value Limitation Adjustment (−) (homestead cap) | −$126,140 |
| Net Appraised (assessed) | $1,624,873 |
| Taxable Value | $1,624,873 |
|---|
Appreciation: Market value has risen +31.7% from $1,329,565 (2021) to $1,751,013 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 outpaced 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 $30,054. Lake Travis ISD is the largest single contributor, at 56.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,624,873) is $126,140 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 33% of market value ($574,710 land vs $1,176,303 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,751,013, 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 +7.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,470,382 by 2030, with an estimated annual tax burden around $40,722. 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 | 18,672 SF | ✗ |
| 1ST | 1st Floor | 4,800 SF | ✓ |
| SO | Sketch Only | 800 SF | ✗ |
| 328 | MEZZ COMM (STG) | 600 SF | ✓ |
| 435 | FENCE IRON LF | 260 SF | ✗ |
| 437 | FENCE MASON LF | 52 SF | ✗ |
| 541 | FENCE COMM LF | 10 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 366762 | BRAKE SPECIALISTS REAL | 303 RANCH RD 620 78734 | $1,317,115 | $1,317,115 | $1,317,115 |
| 963312 | STATE OF TEXAS | 303 RANCH RD 620 78734 | — | — | — |
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% | $16,893.80 | $16,893.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,107.00 | $6,107.00 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,756.43 | $2,756.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,917.72 | $1,917.72 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,468.87 | $1,468.87 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $909.93 | $909.93 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $30,053.75 | $30,053.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,317,115 | $1,751,013 | -24.8% |
| Assessed Value | $1,317,115 | $1,624,873 | -18.9% |
| Land Value | $574,710 | $574,710 | +0.0% |
| Improvement Value | $742,405 | $1,176,303 | -36.9% |
| Taxable Value | $1,317,115 | $1,624,873 | -18.9% |
| Total Tax 2026 = estimate |
~$24,361
Estimated
|
~$30,054
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,447,379 | $1,317,115 | -130,264 (-9.0%) |
| Taxable Value | $1,447,379 | $1,317,115 | -130,264 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,317,115 | $574,710 | $742,405 | — | $1,317,115 | $1,317,115 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,751,013 | $574,710 | $1,176,303 | −$126,140 | $1,624,873 | $1,624,873 | ~$30,054 | Partial |
| 2024 | $1,400,120 | — | — | −$825,410 | $574,710 | $— | $24,626 | Verified |
| 2023 | $2,235,773 | — | — | −$1,661,063 | $574,710 | $— | $24,640 | Verified |
| 2022 | $1,350,000 | — | — | −$775,290 | $574,710 | $— | $26,331 | Verified |
| 2021 | $1,329,565 | — | — | −$734,980 | $594,585 | $— | $27,143 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.3% | -10.9% | ~100% | Not available | Partial |
| 2025 | +29.3% | +20.0% | 92.8% | Not available | Partial |
| 2024 | +51.1% | +51.1% | ~100% | 1.8200% | Verified |
| 2023 | +5.5% | +5.5% | ~100% | 1.0700% | Verified |
| 2022 | -37.1% | -37.1% | ~100% | 1.1800% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -24.8% | +6.0% | +14.2% | +65.6% | 2023 | -37.4% | 2024 |
| Assessment Ratio | 100.0% | 57.8% | — | 100.0% | 2026 | 25.7% | 2023 |
| Effective Tax Rate (2025) | 1.7200% | 1.7200% | — | 1.7200% | 2025 | 1.7200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$30,054 | $26,559 | ~$36,801 | $30,054 | 2025 | $24,626 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,875,790 | ~$1,787,360 | ~1.8094% | ~$32,340 | +7.1% |
| 2027 | ~$2,009,460 | ~$1,966,096 | ~1.7691% | ~$34,783 | +14.8% |
| 2028 | ~$2,152,654 | ~$2,152,654 | ~1.7289% | ~$37,217 | +22.9% |
| 2029 | ~$2,306,052 | ~$2,306,052 | ~1.6886% | ~$38,941 | +31.7% |
| 2030 | ~$2,470,382 | ~$2,470,382 | ~1.6484% | ~$40,722 | +41.1% |
| 2026 | ~$1,840,770 | ~$1,787,360 | ~1.8496% | ~$33,059 | +5.1% |
| 2027 | ~$1,935,128 | ~$1,935,128 | ~1.8496% | ~$35,792 | +10.5% |
| 2028 | ~$2,034,323 | ~$2,034,323 | ~1.8496% | ~$37,627 | +16.2% |
| 2029 | ~$2,138,603 | ~$2,138,603 | ~1.8496% | ~$39,556 | +22.1% |
| 2030 | ~$2,248,228 | ~$2,248,228 | ~1.8496% | ~$41,583 | +28.4% |
| 2026 | ~$1,910,811 | ~$1,787,360 | ~1.7892% | ~$31,980 | +9.1% |
| 2027 | ~$2,085,192 | ~$1,966,096 | ~1.7289% | ~$33,991 | +19.1% |
| 2028 | ~$2,275,486 | ~$2,162,706 | ~1.6685% | ~$36,085 | +30.0% |
| 2029 | ~$2,483,148 | ~$2,378,977 | ~1.6081% | ~$38,257 | +41.8% |
| 2030 | ~$2,709,760 | ~$2,616,874 | ~1.5478% | ~$40,504 | +54.8% |
In 2025, this property's market value of $1,751,013 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +24% 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 | $1,751,013 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,400,120 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $2,235,773 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,350,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,329,565 | $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.