2900 N RANCH RD 620 TX 78734
| Owner | LAKE TRAVIS DEVELOPMENT GROUP LTD |
|---|---|
| Parcel ID | 0150630906 |
| Short ID | 152381 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,936 SF |
| Land SF | 153,330 SF |
| Acres | 3.520 |
| Year Built | 1975 |
| Legal | LOT 3 WILLIS RICHARD SUBD |
| Neighborhood | 32SWE |
| Land | $1,793,961 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,793,961 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,745,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,745,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,745,000 |
| Taxable Value | $1,745,000 |
|---|
Appreciation: Market value has fallen -26.1% from $2,360,057 (2021) to $1,745,000 (2025), a CAGR of -7.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $29,315. Lake Travis ISD is the largest single contributor, at 62.2% 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 103% of market value ($1,793,961 land vs $0 improvements), about $12/SF of land. With value concentrated in the land under a ~51-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,745,000, 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 -7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,196,428 by 2030, with an estimated annual tax burden around $17,466. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 48,000 SF | ✗ |
| 1ST | 1st Floor | 4,936 SF | ✓ |
| 611 | TERRACE | 4,798 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 4,186 SF | ✗ |
| 501 | CANOPY | 2,949 SF | ✗ |
| 511 | DECK | 1,434 SF | ✗ |
| 327 | STORAGE COMM'L | 461 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 264 SF | ✗ |
| 581C | STORAGE ATT COMM | 210 SF | ✓ |
| 251 | BATHROOM | 4 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% | $18,142.77 | $18,142.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,558.50 | $6,558.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,059.50 | $2,059.50 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,577.46 | $1,577.46 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $830.62 | $830.62 | Paid |
| Combined Rate | 1.8561% | 1.7700% | 1.6158% | 1.6589% | 1.6800% | +0.0211% | $29,168.85 | $29,168.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,100,000 | $1,745,000 | +20.3% |
| Assessed Value | $2,094,000 | $1,745,000 | +20.0% |
| Land Value | $1,793,961 | $1,793,961 | +0.0% |
| Improvement Value | $306,039 | — | — |
| Taxable Value | $2,094,000 | $1,745,000 | +20.0% |
| HS Cap Loss | -$6,000 | — | |
| Total Tax 2026 = estimate |
~$35,179
Estimated
|
~$29,169
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,100,000 | $2,100,000 | +0 (+0.0%) |
| Taxable Value | $2,094,000 | $2,094,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,100,000 | $1,793,961 | $306,039 | −$6,000 | $2,094,000 | $2,094,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,745,000 | $1,793,961 | — | — | $1,745,000 | $1,745,000 | ~$29,169 | Partial |
| 2024 | $1,750,000 | — | — | — | $1,793,961 ! | $— | $28,891 | Verified |
| 2023 | $1,950,000 | — | — | −$416,700 | $1,533,300 | $— | $26,239 | Verified |
| 2022 | $1,797,317 | — | — | −$264,017 | $1,533,300 | $— | $33,145 | Verified |
| 2021 | $2,360,057 | — | — | −$826,757 | $1,533,300 | $— | $33,229 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.3% | +20.0% | ~100% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | +5.1% | +5.1% | ~100% | 1.5700% | Verified |
| 2023 | -10.3% | -10.3% | ~100% | 1.5000% | Verified |
| 2022 | +8.5% | +8.5% | ~100% | 1.7000% | Verified |
| 2021 | base year | — | ~100% | 1.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.3% | -1.1% | -10.4% | +20.3% | 2026 | -23.8% | 2022 |
| Assessment Ratio | 99.7% | 88.5% | — | 102.5% | 2024 | 65.0% | 2021 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,169 | $30,134 | ~$21,753 | $33,229 | 2021 | $26,239 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,618,131 | ~$1,618,131 | ~1.6359% | ~$26,472 | -7.3% |
| 2027 | ~$1,500,486 | ~$1,500,486 | ~1.5919% | ~$23,886 | -14.0% |
| 2028 | ~$1,391,394 | ~$1,391,394 | ~1.5479% | ~$21,537 | -20.3% |
| 2029 | ~$1,290,234 | ~$1,290,234 | ~1.5039% | ~$19,403 | -26.1% |
| 2030 | ~$1,196,428 | ~$1,196,428 | ~1.4598% | ~$17,466 | -31.4% |
| 2026 | ~$1,657,750 | ~$1,657,750 | ~1.6800% | ~$27,850 | -5.0% |
| 2027 | ~$1,574,862 | ~$1,574,862 | ~1.6800% | ~$26,457 | -9.8% |
| 2028 | ~$1,496,119 | ~$1,496,119 | ~1.6800% | ~$25,134 | -14.3% |
| 2029 | ~$1,421,313 | ~$1,421,313 | ~1.6800% | ~$23,878 | -18.5% |
| 2030 | ~$1,350,248 | ~$1,350,248 | ~1.6800% | ~$22,684 | -22.6% |
| 2026 | ~$1,653,031 | ~$1,653,031 | ~1.6139% | ~$26,679 | -5.3% |
| 2027 | ~$1,565,909 | ~$1,565,909 | ~1.5479% | ~$24,238 | -10.3% |
| 2028 | ~$1,483,379 | ~$1,483,379 | ~1.4818% | ~$21,981 | -15.0% |
| 2029 | ~$1,405,198 | ~$1,405,198 | ~1.4158% | ~$19,895 | -19.5% |
| 2030 | ~$1,331,138 | ~$1,331,138 | ~1.3498% | ~$17,967 | -23.7% |
In 2025, this property's market value of $1,745,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +23% 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 | $1,745,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,750,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,950,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,797,317 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,360,057 | $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.