6618 SITIO DEL RIO BLVD A-101 TX 78730
| Owner | K & E PARTNERS #2 LLC |
|---|---|
| Parcel ID | 0152280202 |
| Short ID | 755365 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 5,198 SF |
| Land SF | 47,789 SF |
| Acres | 1.097 |
| Year Built | 2006 |
| Legal | UNT A-101 RIVERPLACE VILLAGE OFFICE CONDOMINIUMS PLUS 20.7 % INT IN COM AREA |
| Neighborhood | 23FNW04 |
| Land | $716,835 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $716,835 |
| Improvement | $1,533,507 |
|---|---|
| Total Improvement | $1,533,507 |
| Market | $2,250,342 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,250,342 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,250,342 |
| Taxable Value | $2,250,342 |
|---|
Appreciation: Market value has risen +25.7% from $1,790,492 (2021) to $2,250,342 (2025), a CAGR of 5.9% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 outpaced 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 $49,692. 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 32% of market value ($716,835 land vs $1,533,507 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~20 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,250,342, 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 +5.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,994,634 by 2030, with an estimated annual tax burden around $57,001. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,198 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% | $24,458.97 | $24,458.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,792.17 | $11,792.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,457.80 | $8,457.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,655.92 | $2,655.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,326.85 | $2,326.85 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $49,691.71 | $49,691.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,590,373 | $2,250,342 | +15.1% |
| Assessed Value | $2,590,373 | $2,250,342 | +15.1% |
| Land Value | $716,835 | $716,835 | +0.0% |
| Improvement Value | $1,873,538 | $1,533,507 | +22.2% |
| Taxable Value | $2,590,373 | $2,250,342 | +15.1% |
| Total Tax 2026 = estimate |
~$57,200
Estimated
|
~$49,692
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,590,373 | $2,590,373 | +0 (+0.0%) |
| Taxable Value | $2,590,373 | $2,590,373 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,590,373 | $716,835 | $1,873,538 | — | $2,590,373 | $2,590,373 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,250,342 | $716,835 | $1,533,507 | — | $2,250,342 | $2,250,342 | ~$49,692 | Partial |
| 2024 | $2,438,542 | — | — | −$1,721,707 | $716,835 | $— | $52,498 | Verified |
| 2023 | $2,014,822 | — | — | −$1,297,987 | $716,835 | $— | $50,196 | Verified |
| 2022 | $2,068,760 | — | — | −$1,351,925 | $716,835 | $— | $45,392 | Verified |
| 2021 | $1,790,492 | — | — | −$1,073,657 | $716,835 | $— | $50,726 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.1% | +15.1% | ~100% | Not available | Partial |
| 2025 | -9.2% | -9.2% | ~100% | Not available | Partial |
| 2024 | +1.6% | +1.6% | ~100% | 2.1200% | Verified |
| 2023 | +21.0% | +21.0% | ~100% | 2.0600% | Verified |
| 2022 | -2.6% | -2.6% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +8.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.1% | +8.3% | +3.1% | +21.0% | 2024 | -7.7% | 2025 |
| Assessment Ratio | 100.0% | 56.6% | — | 100.0% | 2025 | 29.4% | 2024 |
| 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 |
$49,692 | $49,701 | ~$54,091 | $52,498 | 2024 | $45,392 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,382,690 | ~$2,382,690 | ~2.1472% | ~$51,162 | +5.9% |
| 2027 | ~$2,522,822 | ~$2,522,822 | ~2.0863% | ~$52,633 | +12.1% |
| 2028 | ~$2,671,195 | ~$2,671,195 | ~2.0253% | ~$54,101 | +18.7% |
| 2029 | ~$2,828,295 | ~$2,828,295 | ~1.9644% | ~$55,559 | +25.7% |
| 2030 | ~$2,994,634 | ~$2,994,634 | ~1.9034% | ~$57,001 | +33.1% |
| 2026 | ~$2,337,683 | ~$2,337,683 | ~2.2082% | ~$51,620 | +3.9% |
| 2027 | ~$2,428,414 | ~$2,428,414 | ~2.2082% | ~$53,624 | +7.9% |
| 2028 | ~$2,522,667 | ~$2,522,667 | ~2.2082% | ~$55,705 | +12.1% |
| 2029 | ~$2,620,578 | ~$2,620,578 | ~2.2082% | ~$57,867 | +16.5% |
| 2030 | ~$2,722,289 | ~$2,722,289 | ~2.2082% | ~$60,113 | +21.0% |
| 2026 | ~$2,427,697 | ~$2,427,697 | ~2.1168% | ~$51,389 | +7.9% |
| 2027 | ~$2,619,030 | ~$2,619,030 | ~2.0253% | ~$53,044 | +16.4% |
| 2028 | ~$2,825,442 | ~$2,825,442 | ~1.9339% | ~$54,642 | +25.6% |
| 2029 | ~$3,048,122 | ~$3,048,122 | ~1.8425% | ~$56,161 | +35.5% |
| 2030 | ~$3,288,352 | ~$3,288,352 | ~1.7511% | ~$57,581 | +46.1% |
In 2025, this property's market value of $2,250,342 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +59% 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 | $2,250,342 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,438,542 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,014,822 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,068,760 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,790,492 | $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.