119 S RANCH RD 620 TX 78734
| Owner | RJA3 HOLDINGS LLC |
|---|---|
| Parcel ID | 0141660934 |
| Short ID | 542177 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,892 SF |
| Land SF | 24,184 SF |
| Acres | 0.555 |
| Year Built | 2003 |
| Legal | LOT 19A CARDINAL HILLS UNIT 1 AMENDED PLAT LOTS 19&24 BLK A |
| Neighborhood | 53SWE |
| Land | $362,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $362,760 |
| Improvement | $1,303,240 |
|---|---|
| Total Improvement | $1,303,240 |
| Market | $1,666,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,666,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$256,000 |
| Net Appraised (assessed) | $1,410,000 |
| Taxable Value | $1,410,000 |
|---|
Appreciation: Market value has risen +13.3% from $1,471,000 (2021) to $1,666,000 (2025), a CAGR of 3.2% 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 $26,079. Lake Travis ISD is the largest single contributor, at 56.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,410,000) is $256,000 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 22% of market value ($362,760 land vs $1,303,240 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,666,000, 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 +3.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,946,493 by 2030, with an estimated annual tax burden around $32,086. 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 | 8,500 SF | ✗ |
| 2ND | 2nd Floor | 2,166 SF | ✓ |
| 1ST | 1st Floor | 1,726 SF | ✓ |
| 327 | STORAGE COMM'L | 440 SF | ✓ |
| 501 | CANOPY | 430 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
| 276 | ELEVATOR COM PAS | 1 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% | $14,659.77 | $14,659.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,299.41 | $5,299.41 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $2,391.92 | $2,391.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,664.12 | $1,664.12 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,274.63 | $1,274.63 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $789.60 | $789.60 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $26,079.45 | $26,079.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,801,459 | $1,666,000 | +8.1% |
| Assessed Value | $1,801,459 | $1,410,000 | +27.8% |
| Land Value | $362,760 | $362,760 | +0.0% |
| Improvement Value | $1,438,699 | $1,303,240 | +10.4% |
| Taxable Value | $1,801,459 | $1,410,000 | +27.8% |
| Total Tax 2026 = estimate |
~$33,320
Estimated
|
~$26,079
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,801,459 | $1,801,459 | +0 (+0.0%) |
| Taxable Value | $1,801,459 | $1,801,459 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,801,459 | $362,760 | $1,438,699 | — | $1,801,459 | $1,801,459 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,666,000 | $362,760 | $1,303,240 | −$256,000 | $1,410,000 | $1,410,000 | ~$26,079 | Partial |
| 2024 | $1,359,060 | — | — | −$992,505 | $366,555 | $— | $21,729 | Verified |
| 2023 | $1,430,153 | — | — | −$1,063,598 | $366,555 | $— | $23,917 | Verified |
| 2022 | $1,342,992 | — | — | −$976,437 | $366,555 | $— | $27,159 | Verified |
| 2021 | $1,471,000 | — | — | −$1,104,445 | $366,555 | $— | $22,191 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +27.8% | ~100% | Not available | Partial |
| 2025 | +19.0% | +0.7% | 84.6% | Not available | Partial |
| 2024 | -3.2% | -3.2% | ~100% | 1.5500% | Verified |
| 2023 | +1.1% | +1.1% | ~100% | 1.6500% | Verified |
| 2022 | +4.4% | +4.4% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 1.5100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.1% | +4.7% | +1.6% | +22.6% | 2025 | -8.7% | 2022 |
| Assessment Ratio | 100.0% | 48.2% | — | 100.0% | 2026 | 24.9% | 2021 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,079 | $24,215 | ~$30,763 | $27,159 | 2022 | $21,729 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,718,662 | ~$1,551,000 | ~1.8094% | ~$28,063 | +3.2% |
| 2027 | ~$1,772,989 | ~$1,706,100 | ~1.7691% | ~$30,183 | +6.4% |
| 2028 | ~$1,829,034 | ~$1,829,034 | ~1.7289% | ~$31,622 | +9.8% |
| 2029 | ~$1,886,850 | ~$1,886,850 | ~1.6886% | ~$31,862 | +13.3% |
| 2030 | ~$1,946,493 | ~$1,946,493 | ~1.6484% | ~$32,086 | +16.8% |
| 2026 | ~$1,685,342 | ~$1,551,000 | ~1.8496% | ~$28,687 | +1.2% |
| 2027 | ~$1,704,909 | ~$1,704,909 | ~1.8496% | ~$31,534 | +2.3% |
| 2028 | ~$1,724,704 | ~$1,724,704 | ~1.8496% | ~$31,900 | +3.5% |
| 2029 | ~$1,744,727 | ~$1,744,727 | ~1.8496% | ~$32,271 | +4.7% |
| 2030 | ~$1,764,984 | ~$1,764,984 | ~1.8496% | ~$32,645 | +5.9% |
| 2026 | ~$1,751,982 | ~$1,551,000 | ~1.7892% | ~$27,751 | +5.2% |
| 2027 | ~$1,842,402 | ~$1,706,100 | ~1.7289% | ~$29,496 | +10.6% |
| 2028 | ~$1,937,489 | ~$1,876,710 | ~1.6685% | ~$31,313 | +16.3% |
| 2029 | ~$2,037,483 | ~$2,037,483 | ~1.6081% | ~$32,766 | +22.3% |
| 2030 | ~$2,142,638 | ~$2,142,638 | ~1.5478% | ~$33,163 | +28.6% |
In 2025, this property's market value of $1,666,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +18% 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 | $1,666,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,359,060 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,430,153 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,342,992 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,471,000 | $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.