2306 N RANCH RD 620 TX 78734
| Owner | JOSEPH HOOVER CTX LLC |
|---|---|
| Parcel ID | 0150630704 |
| Short ID | 896549 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,976 SF |
| Land SF | 49,597 SF |
| Acres | 1.139 |
| Year Built | 1981 |
| Legal | LOT 1 BLK A 2306 SUNRIDGE SUBD |
| Neighborhood | 59SWE |
| Land | $694,358 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $694,358 |
| Improvement | $496,596 |
|---|---|
| Total Improvement | $496,596 |
| Market | $1,190,954 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,190,954 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,190,954 |
| Taxable Value | $1,190,954 |
|---|
Appreciation: Market value has risen +9.6% from $1,086,675 (2021) to $1,190,954 (2025), a CAGR of 2.3% over 4 years. Growth has been relatively flat for this asset class. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6800% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $20,008. Lake Travis ISD is the largest single contributor, at 61.9% 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 58% of market value ($694,358 land vs $496,596 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 $1,190,954, this parcel sits in the lower-middle (25th–50th 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 +2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,335,485 by 2030, with an estimated annual tax burden around $19,496. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 7,600 SF | ✗ |
| 1ST | 1st Floor | 2,976 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,976 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 1,280 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 330 SF | ✗ |
| 571C | STORAGE DET COMM | 240 SF | ✓ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522C | FIREPLACE COMM | 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% | $12,382.35 | $12,382.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,476.14 | $4,476.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,405.60 | $1,405.60 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,076.61 | $1,076.61 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $666.93 | $666.93 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $20,007.63 | $20,007.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,209,485 | $1,190,954 | +1.6% |
| Assessed Value | $1,209,485 | $1,190,954 | +1.6% |
| Land Value | $694,358 | $694,358 | +0.0% |
| Improvement Value | $515,127 | $496,596 | +3.7% |
| Taxable Value | $1,209,485 | $1,190,954 | +1.6% |
| Total Tax 2026 = estimate |
~$20,319
Estimated
|
~$20,008
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,856,058 | $1,209,485 | -646,573 (-34.8%) |
| Taxable Value | $1,429,145 | $1,209,485 | -219,660 (-15.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,209,485 | $694,358 | $515,127 | — | $1,209,485 | $1,209,485 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,190,954 | $694,358 | $496,596 | — | $1,190,954 | $1,190,954 | ~$20,008 | Partial |
| 2024 | $1,190,710 | — | — | −$490,556 | $700,154 | $— | $19,538 | Verified |
| 2023 | $1,124,483 | — | — | −$424,329 | $700,154 | $— | $19,240 | Verified |
| 2022 | $907,000 | — | — | −$206,846 | $700,154 | $— | $19,904 | Verified |
| 2021 | $1,086,675 | — | — | −$386,521 | $700,154 | $— | $11,171 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +55.8% | +20.0% | 77.0% | Not available | Partial |
| 2025 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2024 | -1.1% | -1.1% | ~100% | 1.6600% | Verified |
| 2023 | +5.9% | +5.9% | ~100% | 1.6200% | Verified |
| 2022 | -5.1% | -5.1% | ~100% | 1.7700% | Verified |
| 2021 | base year | — | ~100% | 1.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +3.0% | +2.0% | +24.0% | 2023 | -16.5% | 2022 |
| Assessment Ratio | 100.0% | 77.1% | — | 100.0% | 2025 | 58.8% | 2024 |
| Effective Tax Rate (2025) | 1.6800% | 1.6800% | — | 1.6800% | 2025 | 1.6800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,008 | $17,972 | ~$19,731 | $20,008 | 2025 | $11,171 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,218,551 | ~$1,218,551 | ~1.6359% | ~$19,935 | +2.3% |
| 2027 | ~$1,246,788 | ~$1,246,788 | ~1.5919% | ~$19,848 | +4.7% |
| 2028 | ~$1,275,679 | ~$1,275,679 | ~1.5479% | ~$19,746 | +7.1% |
| 2029 | ~$1,305,240 | ~$1,305,240 | ~1.5039% | ~$19,629 | +9.6% |
| 2030 | ~$1,335,485 | ~$1,335,485 | ~1.4598% | ~$19,496 | +12.1% |
| 2026 | ~$1,194,732 | ~$1,194,732 | ~1.6800% | ~$20,071 | +0.3% |
| 2027 | ~$1,198,522 | ~$1,198,522 | ~1.6800% | ~$20,135 | +0.6% |
| 2028 | ~$1,202,325 | ~$1,202,325 | ~1.6800% | ~$20,199 | +1.0% |
| 2029 | ~$1,206,139 | ~$1,206,139 | ~1.6800% | ~$20,263 | +1.3% |
| 2030 | ~$1,209,965 | ~$1,209,965 | ~1.6800% | ~$20,327 | +1.6% |
| 2026 | ~$1,242,370 | ~$1,242,370 | ~1.6139% | ~$20,051 | +4.3% |
| 2027 | ~$1,296,007 | ~$1,296,007 | ~1.5479% | ~$20,061 | +8.8% |
| 2028 | ~$1,351,958 | ~$1,351,958 | ~1.4818% | ~$20,034 | +13.5% |
| 2029 | ~$1,410,326 | ~$1,410,326 | ~1.4158% | ~$19,967 | +18.4% |
| 2030 | ~$1,471,213 | ~$1,471,213 | ~1.3498% | ~$19,858 | +23.5% |
In 2025, this property's market value of $1,190,954 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% below 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 | $1,190,954 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,190,710 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,124,483 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $907,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,086,675 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.