1206 N RANCH RD 620 TX 78734
| Owner | STORE MASTER FUDNING XI LLC |
|---|---|
| Parcel ID | 0145660614 |
| Short ID | 763082 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 8,360 SF |
| Land SF | 76,142 SF |
| Acres | 1.748 |
| Year Built | 2016 |
| Legal | LOT 3 BLK B LESS .291AC MOUNTAINTOP ACRES |
| Neighborhood | 83SWE |
| Land | $1,142,130 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,142,130 |
| Improvement | $2,279,591 |
|---|---|
| Total Improvement | $2,279,591 |
| Market | $3,421,721 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,421,721 |
| Value Limitation Adjustment (−) (homestead cap) | −$536,392 |
| Net Appraised (assessed) | $2,885,329 |
| Taxable Value | $2,885,329 |
|---|
Appreciation: Market value has risen +31.5% from $2,602,407 (2021) to $3,421,721 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $53,367. Lake Travis ISD is the largest single contributor, at 56.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,885,329) is $536,392 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 ($1,142,130 land vs $2,279,591 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,421,721, this parcel sits in the top quartile (≥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 $4,817,606 by 2030, with an estimated annual tax burden around $76,598. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 31,348 SF | ✗ |
| 1ST | 1st Floor | 8,360 SF | ✓ |
| 611 | TERRACE | 400 SF | ✗ |
| 501 | CANOPY | 40 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $24,998.97 | $24,998.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,036.97 | $9,036.97 | Paid |
| CLW City of Lakeway | 0.1545% | 0.1290% | 0.1440% | 0.1598% | 0.1696% | +0.0098% | $4,078.89 | $4,078.89 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,837.79 | $2,837.79 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,173.59 | $2,173.59 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $1,346.49 | $1,346.49 | Paid |
| Combined Rate | 2.0106% | 1.8990% | 1.7598% | 1.8187% | 1.8496% | +0.0309% | $44,472.70 | $44,472.70 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,466,460 | $3,421,721 | -27.9% |
| Assessed Value | $2,466,460 | $2,885,329 | -14.5% |
| Land Value | $1,142,130 | $1,142,130 | +0.0% |
| Improvement Value | $1,324,330 | $2,279,591 | -41.9% |
| Taxable Value | $2,466,460 | $2,885,329 | -14.5% |
| Total Tax 2026 = estimate |
~$45,620
Estimated
|
~$44,473
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,835,012 | $2,466,460 | -368,552 (-13.0%) |
| Taxable Value | $2,835,012 | $2,466,460 | -368,552 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,466,460 | $1,142,130 | $1,324,330 | — | $2,466,460 | $2,466,460 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,421,721 | $1,142,130 | $2,279,591 | −$536,392 | $2,885,329 | $2,885,329 | ~$44,473 | Partial |
| 2024 | $2,500,000 | — | — | — | — | $— | $43,730 | Verified |
| 2023 | $2,500,000 | — | — | — | — | $— | $43,996 | Verified |
| 2022 | $2,598,029 | — | — | — | — | $— | $47,476 | Verified |
| 2021 | $2,602,407 | — | — | −$1,460,277 | $1,142,130 | $— | $52,235 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -17.1% | -1.7% | ~100% | Not available | Partial |
| 2025 | +42.3% | +20.0% | 84.3% | Not available | Partial |
| 2024 | -3.8% | -3.8% | ~100% | 1.8200% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.7600% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -27.9% | +1.0% | +15.4% | +36.9% | 2025 | -27.9% | 2026 |
| Assessment Ratio | 100.0% | 76.1% | — | 100.0% | 2026 | 43.9% | 2021 |
| Effective Tax Rate (2025) | 1.3000% | 1.3000% | — | 1.3000% | 2025 | 1.3000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$44,473 | $46,382 | ~$66,704 | $52,235 | 2021 | $43,730 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,664,055 | ~$3,173,862 | ~1.8094% | ~$57,427 | +7.1% |
| 2027 | ~$3,923,551 | ~$3,491,248 | ~1.7691% | ~$61,764 | +14.7% |
| 2028 | ~$4,201,425 | ~$3,840,373 | ~1.7289% | ~$66,395 | +22.8% |
| 2029 | ~$4,498,979 | ~$4,224,410 | ~1.6886% | ~$71,335 | +31.5% |
| 2030 | ~$4,817,606 | ~$4,646,851 | ~1.6484% | ~$76,598 | +40.8% |
| 2026 | ~$3,595,620 | ~$3,173,862 | ~1.8496% | ~$58,704 | +5.1% |
| 2027 | ~$3,778,357 | ~$3,491,248 | ~1.8496% | ~$64,574 | +10.4% |
| 2028 | ~$3,970,382 | ~$3,840,373 | ~1.8496% | ~$71,032 | +16.0% |
| 2029 | ~$4,172,165 | ~$4,172,165 | ~1.8496% | ~$77,169 | +21.9% |
| 2030 | ~$4,384,203 | ~$4,384,203 | ~1.8496% | ~$81,091 | +28.1% |
| 2026 | ~$3,732,489 | ~$3,173,862 | ~1.7892% | ~$56,788 | +9.1% |
| 2027 | ~$4,071,482 | ~$3,491,248 | ~1.7289% | ~$60,359 | +19.0% |
| 2028 | ~$4,441,262 | ~$3,840,373 | ~1.6685% | ~$64,077 | +29.8% |
| 2029 | ~$4,844,627 | ~$4,224,410 | ~1.6081% | ~$67,935 | +41.6% |
| 2030 | ~$5,284,627 | ~$4,646,851 | ~1.5478% | ~$71,923 | +54.4% |
In 2025, this property's market value of $3,421,721 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +141% 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 | $3,421,721 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,598,029 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,602,407 | $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.