6618 SITIO DEL RIO BLVD C-101 TX 78730
| Owner | E & B RIVER PLACE LP |
|---|---|
| Parcel ID | 0152280205 |
| Short ID | 755368 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 5,596 SF |
| Land SF | 51,205 SF |
| Acres | 1.176 |
| Year Built | 2006 |
| Legal | UNT C-101 RIVERPLACE VILLAGE OFFICE CONDOMINIUMS PLUS 22.18 % INT IN COM AREA |
| Neighborhood | 23FNW04 |
| Land | $768,075 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $768,075 |
| Improvement | $1,442,057 |
|---|---|
| Total Improvement | $1,442,057 |
| Market | $2,210,132 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,210,132 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,210,132 |
| Taxable Value | $2,210,132 |
|---|
Appreciation: Market value has risen +18.2% from $1,869,400 (2021) to $2,210,132 (2025), a CAGR of 4.3% 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 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 $48,804. 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 35% of market value ($768,075 land vs $1,442,057 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 $2,210,132, 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 +4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,724,665 by 2030, with an estimated annual tax burden around $51,862. 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 | 5,596 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% | $24,021.92 | $24,021.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,581.47 | $11,581.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,306.67 | $8,306.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,608.46 | $2,608.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,285.28 | $2,285.28 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $48,803.80 | $48,803.80 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,502,835 | $2,210,132 | +13.2% |
| Assessed Value | $2,502,835 | $2,210,132 | +13.2% |
| Land Value | $768,075 | $768,075 | +0.0% |
| Improvement Value | $1,734,760 | $1,442,057 | +20.3% |
| Taxable Value | $2,502,835 | $2,210,132 | +13.2% |
| Total Tax 2026 = estimate |
~$55,267
Estimated
|
~$48,804
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,764,687 | $2,502,835 | -261,852 (-9.5%) |
| Taxable Value | $2,652,158 | $2,502,835 | -149,323 (-5.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,502,835 | $768,075 | $1,734,760 | — | $2,502,835 | $2,502,835 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,210,132 | $768,075 | $1,442,057 | — | $2,210,132 | $2,210,132 | ~$48,804 | Partial |
| 2024 | $2,446,704 | — | — | −$1,678,629 | $768,075 | $— | $52,112 | Verified |
| 2023 | $2,000,749 | — | — | −$1,232,674 | $768,075 | $— | $50,364 | Verified |
| 2022 | $2,158,432 | — | — | −$1,390,357 | $768,075 | $— | $45,075 | Verified |
| 2021 | $1,869,400 | — | — | −$1,101,325 | $768,075 | $— | $52,924 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +25.1% | +20.0% | 95.9% | Not available | Partial |
| 2025 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2024 | +0.6% | +0.6% | ~100% | 2.1200% | Verified |
| 2023 | +22.3% | +22.3% | ~100% | 2.0600% | Verified |
| 2022 | -9.4% | -9.4% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.8300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.2% | +6.8% | +1.8% | +22.3% | 2024 | -9.7% | 2025 |
| Assessment Ratio | 100.0% | 57.8% | — | 100.0% | 2025 | 31.4% | 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 |
$48,804 | $49,856 | ~$50,713 | $52,924 | 2021 | $45,075 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,304,609 | ~$2,304,609 | ~2.1472% | ~$49,485 | +4.3% |
| 2027 | ~$2,403,124 | ~$2,403,124 | ~2.0863% | ~$50,136 | +8.7% |
| 2028 | ~$2,505,851 | ~$2,505,851 | ~2.0253% | ~$50,752 | +13.4% |
| 2029 | ~$2,612,969 | ~$2,612,969 | ~1.9644% | ~$51,329 | +18.2% |
| 2030 | ~$2,724,665 | ~$2,724,665 | ~1.9034% | ~$51,862 | +23.3% |
| 2026 | ~$2,260,406 | ~$2,260,406 | ~2.2082% | ~$49,914 | +2.3% |
| 2027 | ~$2,311,824 | ~$2,311,824 | ~2.2082% | ~$51,049 | +4.6% |
| 2028 | ~$2,364,411 | ~$2,364,411 | ~2.2082% | ~$52,211 | +7.0% |
| 2029 | ~$2,418,195 | ~$2,418,195 | ~2.2082% | ~$53,398 | +9.4% |
| 2030 | ~$2,473,202 | ~$2,473,202 | ~2.2082% | ~$54,613 | +11.9% |
| 2026 | ~$2,348,811 | ~$2,348,811 | ~2.1168% | ~$49,719 | +6.3% |
| 2027 | ~$2,496,193 | ~$2,496,193 | ~2.0253% | ~$50,556 | +12.9% |
| 2028 | ~$2,652,821 | ~$2,652,821 | ~1.9339% | ~$51,303 | +20.0% |
| 2029 | ~$2,819,278 | ~$2,819,278 | ~1.8425% | ~$51,945 | +27.6% |
| 2030 | ~$2,996,180 | ~$2,996,180 | ~1.7511% | ~$52,465 | +35.6% |
In 2025, this property's market value of $2,210,132 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +56% 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 | $2,210,132 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,446,704 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,000,749 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,158,432 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,869,400 | $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.