1203 N RANCH RD 620 TX 78734
| Owner | MITCHELL GERALD & GERALD L MITCHELL JR |
|---|---|
| Parcel ID | 0145660408 |
| Short ID | 752197 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,000 SF |
| Land SF | 85,140 SF |
| Acres | 1.955 |
| Year Built | 1996 |
| Legal | LOT 31A CARDINAL HILLS ESTATES UNIT 11 AMD LT31<32A AMD LT 32&33 |
| Neighborhood | 83SWE |
| Land | $1,213,245 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,213,245 |
| Improvement | $668,349 |
|---|---|
| Total Improvement | $668,349 |
| Market | $1,881,594 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,881,594 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,881,594 |
| Taxable Value | $1,881,594 |
|---|
Appreciation: Market value has risen +12.3% from $1,674,918 (2021) to $1,881,594 (2025), a CAGR of 3.0% 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 $34,802. 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 64% of market value ($1,213,245 land vs $668,349 improvements), about $14/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,881,594, 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,176,163 by 2030, with an estimated annual tax burden around $35,872. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,800 SF | ✗ |
| 1ST | 1st Floor | 4,000 SF | ✓ |
| 591 | MASONRY TRIM SF | 1,150 SF | ✗ |
| SO | Sketch Only | 320 SF | ✗ |
| 541 | FENCE COMM LF | 223 SF | ✗ |
| 581C | STORAGE ATT COMM | 152 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% | $19,562.93 | $19,562.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,071.88 | $7,071.88 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $3,191.94 | $3,191.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,220.71 | $2,220.71 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,700.94 | $1,700.94 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,053.69 | $1,053.69 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $34,802.09 | $34,802.09 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,716,643 | $1,881,594 | -8.8% |
| Assessed Value | $1,716,643 | $1,881,594 | -8.8% |
| Land Value | $1,213,245 | $1,213,245 | +0.0% |
| Improvement Value | $503,398 | $668,349 | -24.7% |
| Taxable Value | $1,716,643 | $1,881,594 | -8.8% |
| Total Tax 2026 = estimate |
~$31,751
Estimated
|
~$34,802
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,716,643 | $1,716,643 | +0 (+0.0%) |
| Taxable Value | $1,716,643 | $1,716,643 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,716,643 | $1,213,245 | $503,398 | — | $1,716,643 | $1,716,643 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,881,594 | $1,213,245 | $668,349 | — | $1,881,594 | $1,881,594 | ~$34,802 | Partial |
| 2024 | $1,706,462 | — | — | −$493,217 | $1,213,245 | $— | $30,638 | Verified |
| 2023 | $1,770,380 | — | — | −$441,909 | $1,328,471 | $— | $32,059 | Verified |
| 2022 | $1,703,640 | — | — | −$375,169 | $1,328,471 | $— | $33,620 | Verified |
| 2021 | $1,674,918 | — | — | −$346,447 | $1,328,471 | $— | $34,253 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.8% | -8.8% | ~100% | Not available | Partial |
| 2025 | +11.7% | +11.7% | ~100% | Not available | Partial |
| 2024 | -7.5% | -7.5% | ~100% | 1.8200% | Verified |
| 2023 | +2.9% | +2.9% | ~100% | 1.7600% | Verified |
| 2022 | +3.9% | +3.9% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.0500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.8% | +0.7% | +4.9% | +10.3% | 2025 | -8.8% | 2026 |
| Assessment Ratio | 100.0% | 83.9% | — | 100.0% | 2025 | 71.1% | 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 |
$34,802 | $33,074 | ~$35,479 | $34,802 | 2025 | $30,638 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,937,131 | ~$1,937,131 | ~1.8094% | ~$35,050 | +3.0% |
| 2027 | ~$1,994,307 | ~$1,994,307 | ~1.7691% | ~$35,282 | +6.0% |
| 2028 | ~$2,053,171 | ~$2,053,171 | ~1.7289% | ~$35,497 | +9.1% |
| 2029 | ~$2,113,773 | ~$2,113,773 | ~1.6886% | ~$35,694 | +12.3% |
| 2030 | ~$2,176,163 | ~$2,176,163 | ~1.6484% | ~$35,872 | +15.7% |
| 2026 | ~$1,899,499 | ~$1,899,499 | ~1.8496% | ~$35,133 | +1.0% |
| 2027 | ~$1,917,575 | ~$1,917,575 | ~1.8496% | ~$35,468 | +1.9% |
| 2028 | ~$1,935,822 | ~$1,935,822 | ~1.8496% | ~$35,805 | +2.9% |
| 2029 | ~$1,954,244 | ~$1,954,244 | ~1.8496% | ~$36,146 | +3.9% |
| 2030 | ~$1,972,840 | ~$1,972,840 | ~1.8496% | ~$36,490 | +4.8% |
| 2026 | ~$1,974,763 | ~$1,974,763 | ~1.7892% | ~$35,333 | +5.0% |
| 2027 | ~$2,072,545 | ~$2,072,545 | ~1.7289% | ~$35,832 | +10.1% |
| 2028 | ~$2,175,169 | ~$2,175,169 | ~1.6685% | ~$36,293 | +15.6% |
| 2029 | ~$2,282,875 | ~$2,282,875 | ~1.6081% | ~$36,712 | +21.3% |
| 2030 | ~$2,395,914 | ~$2,395,914 | ~1.5478% | ~$37,084 | +27.3% |
In 2025, this property's market value of $1,881,594 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% 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 | $1,881,594 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,706,462 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,770,380 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,703,640 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,674,918 | $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.