6618 SITIO DEL RIO BLVD TX 78730
| Owner | DLAKSHMI INVESTMENTS LLC |
|---|---|
| Parcel ID | 0151370430 |
| Short ID | 439195 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,114 SF |
| Land SF | 39,640 SF |
| Acres | 0.910 |
| Year Built | 2006 |
| Legal | LOT 7 BLK A TWENTY-TWO TWENTY-TWO BUSINESS PARK |
| Neighborhood | 43FNW |
| Land | $990,990 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $990,990 |
| Improvement | $509,010 |
|---|---|
| Total Improvement | $509,010 |
| Market | $1,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,500,000 |
| Taxable Value | $1,500,000 |
|---|
Appreciation: Market value has fallen -11.4% from $1,692,480 (2021) to $1,500,000 (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 (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 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $33,123. Leander ISD is the largest single contributor, at 49.2% 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 66% of market value ($990,990 land vs $509,010 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,500,000, 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 -3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,289,885 by 2030, with an estimated annual tax burden around $24,552. 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 | 12,180 SF | ✗ |
| 1ST | 1st Floor | 5,114 SF | ✓ |
| 611 | TERRACE | 1,929 SF | ✗ |
| 501 | CANOPY | 1,336 SF | ✗ |
| 437 | FENCE MASON LF | 37 SF | ✗ |
| 541 | FENCE COMM LF | 13 SF | ✗ |
| 482 | LIGHT POLES | 2 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILE Leander ISD | 1.3370% | 1.2746% | 1.1087% | 1.0869% | 1.0869% | +0.0000% | $16,303.50 | $16,303.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,860.26 | $7,860.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,637.68 | $5,637.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,770.35 | $1,770.35 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,551.00 | $1,551.00 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $33,122.79 | $33,122.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,669,846 | $1,500,000 | +11.3% |
| Assessed Value | $1,669,846 | $1,500,000 | +11.3% |
| Land Value | $990,990 | $990,990 | +0.0% |
| Improvement Value | $678,856 | $509,010 | +33.4% |
| Taxable Value | $1,669,846 | $1,500,000 | +11.3% |
| Total Tax 2026 = estimate |
~$36,873
Estimated
|
~$33,123
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,669,846 | $1,669,846 | +0 (+0.0%) |
| Taxable Value | $1,669,846 | $1,669,846 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,669,846 | $990,990 | $678,856 | — | $1,669,846 | $1,669,846 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,500,000 | $990,990 | $509,010 | — | $1,500,000 | $1,500,000 | ~$33,123 | Partial |
| 2024 | $1,283,000 | — | — | −$292,010 | $990,990 | $— | $31,773 | Verified |
| 2023 | $1,200,000 | — | — | −$209,010 | $990,990 | $— | $26,410 | Verified |
| 2022 | $1,526,523 | — | — | −$535,533 | $990,990 | $— | $27,035 | Verified |
| 2021 | $1,692,480 | — | — | −$701,490 | $990,990 | $— | $37,430 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.3% | +11.3% | ~100% | Not available | Partial |
| 2025 | -12.1% | -2.6% | ~100% | Not available | Partial |
| 2024 | +2.8% | -7.3% | 90.2% | 1.8600% | Verified |
| 2023 | +38.4% | +38.4% | ~100% | 1.5900% | Verified |
| 2022 | -21.4% | -21.4% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.3% | +0.8% | -4.9% | +16.9% | 2025 | -21.4% | 2023 |
| Assessment Ratio | 100.0% | 80.5% | — | 100.0% | 2025 | 58.6% | 2021 |
| Effective Tax Rate (2025) | 2.2100% | 2.2100% | — | 2.2100% | 2025 | 2.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$33,123 | $31,154 | ~$27,826 | $37,430 | 2021 | $26,410 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,455,403 | ~$1,455,403 | ~2.1472% | ~$31,251 | -3.0% |
| 2027 | ~$1,412,131 | ~$1,412,131 | ~2.0863% | ~$29,461 | -5.9% |
| 2028 | ~$1,370,147 | ~$1,370,147 | ~2.0253% | ~$27,750 | -8.7% |
| 2029 | ~$1,329,410 | ~$1,329,410 | ~1.9644% | ~$26,115 | -11.4% |
| 2030 | ~$1,289,885 | ~$1,289,885 | ~1.9034% | ~$24,552 | -14.0% |
| 2026 | ~$1,425,403 | ~$1,425,403 | ~2.2082% | ~$31,476 | -5.0% |
| 2027 | ~$1,354,515 | ~$1,354,515 | ~2.2082% | ~$29,910 | -9.7% |
| 2028 | ~$1,287,153 | ~$1,287,153 | ~2.2082% | ~$28,423 | -14.2% |
| 2029 | ~$1,223,141 | ~$1,223,141 | ~2.2082% | ~$27,009 | -18.5% |
| 2030 | ~$1,162,312 | ~$1,162,312 | ~2.2082% | ~$25,666 | -22.5% |
| 2026 | ~$1,485,403 | ~$1,485,403 | ~2.1168% | ~$31,442 | -1.0% |
| 2027 | ~$1,470,948 | ~$1,470,948 | ~2.0253% | ~$29,792 | -1.9% |
| 2028 | ~$1,456,633 | ~$1,456,633 | ~1.9339% | ~$28,170 | -2.9% |
| 2029 | ~$1,442,458 | ~$1,442,458 | ~1.8425% | ~$26,577 | -3.8% |
| 2030 | ~$1,428,420 | ~$1,428,420 | ~1.7511% | ~$25,013 | -4.8% |
In 2025, this property's market value of $1,500,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +6% 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 | $1,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,283,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,200,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,526,523 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,692,480 | $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.