6618 SITIO DEL RIO BLVD D-101 TX 78730
| Owner | BHATT ROOPAL DR CHILDRENS TRUST |
|---|---|
| Parcel ID | 0152280206 |
| Short ID | 755369 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 21,979 SF |
| Acres | 0.505 |
| Year Built | 2006 |
| Legal | UNT D-101 RIVERPLACE VILLAGE OFFICE CONDOMINIUMS PLUS 9.52 % INT IN COM AREA |
| Neighborhood | 23FNW04 |
| Land | $329,685 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $329,685 |
| Improvement | $665,315 |
|---|---|
| Total Improvement | $665,315 |
| Market | $995,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $995,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $995,000 |
| Taxable Value | $995,000 |
|---|
Appreciation: Market value has risen +17.0% from $850,465 (2021) to $995,000 (2025), a CAGR of 4.0% 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 2.2082% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $21,971. 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 33% of market value ($329,685 land vs $665,315 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 $995,000, 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 +4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,210,686 by 2030, with an estimated annual tax burden around $23,045. 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 | 2,400 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% | $10,814.66 | $10,814.66 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,213.97 | $5,213.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,739.66 | $3,739.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,174.33 | $1,174.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,028.83 | $1,028.83 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $21,971.45 | $21,971.45 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $995,000 | $995,000 | +0.0% |
| Assessed Value | $995,000 | $995,000 | +0.0% |
| Land Value | $329,685 | $329,685 | +0.0% |
| Improvement Value | $665,315 | $665,315 | +0.0% |
| Taxable Value | $995,000 | $995,000 | +0.0% |
| Total Tax 2026 = estimate |
~$21,971
Estimated
|
~$21,971
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $995,000 | $995,000 | +0 (+0.0%) |
| Taxable Value | $995,000 | $995,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $995,000 | $329,685 | $665,315 | — | $995,000 | $995,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $995,000 | $329,685 | $665,315 | — | $995,000 | $995,000 | ~$21,971 | Partial |
| 2024 | $1,032,067 | — | — | −$702,382 | $329,685 | $— | $21,182 | Verified |
| 2023 | $915,000 | — | — | −$585,315 | $329,685 | $— | $21,245 | Verified |
| 2022 | $985,435 | — | — | −$655,750 | $329,685 | $— | $20,614 | Verified |
| 2021 | $850,465 | — | — | −$520,780 | $329,685 | $— | $24,163 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | -14.7% | -14.7% | ~100% | 2.1200% | Verified |
| 2023 | +28.2% | +28.2% | ~100% | 1.8100% | Verified |
| 2022 | -7.1% | -7.1% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.6% | +4.0% | +15.9% | 2022 | -7.1% | 2023 |
| Assessment Ratio | 100.0% | 56.7% | — | 100.0% | 2025 | 31.9% | 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 |
$21,971 | $21,835 | ~$22,651 | $24,163 | 2021 | $20,614 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,034,820 | ~$1,034,820 | ~2.1472% | ~$22,220 | +4.0% |
| 2027 | ~$1,076,233 | ~$1,076,233 | ~2.0863% | ~$22,453 | +8.2% |
| 2028 | ~$1,119,304 | ~$1,119,304 | ~2.0253% | ~$22,670 | +12.5% |
| 2029 | ~$1,164,098 | ~$1,164,098 | ~1.9644% | ~$22,867 | +17.0% |
| 2030 | ~$1,210,686 | ~$1,210,686 | ~1.9034% | ~$23,045 | +21.7% |
| 2026 | ~$1,014,920 | ~$1,014,920 | ~2.2082% | ~$22,411 | +2.0% |
| 2027 | ~$1,035,238 | ~$1,035,238 | ~2.2082% | ~$22,860 | +4.0% |
| 2028 | ~$1,055,964 | ~$1,055,964 | ~2.2082% | ~$23,318 | +6.1% |
| 2029 | ~$1,077,104 | ~$1,077,104 | ~2.2082% | ~$23,784 | +8.3% |
| 2030 | ~$1,098,668 | ~$1,098,668 | ~2.2082% | ~$24,261 | +10.4% |
| 2026 | ~$1,054,720 | ~$1,054,720 | ~2.1168% | ~$22,326 | +6.0% |
| 2027 | ~$1,118,024 | ~$1,118,024 | ~2.0253% | ~$22,644 | +12.4% |
| 2028 | ~$1,185,128 | ~$1,185,128 | ~1.9339% | ~$22,919 | +19.1% |
| 2029 | ~$1,256,259 | ~$1,256,259 | ~1.8425% | ~$23,146 | +26.3% |
| 2030 | ~$1,331,660 | ~$1,331,660 | ~1.7511% | ~$23,318 | +33.8% |
In 2025, this property's market value of $995,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -30% 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 | $995,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,032,067 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $915,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $985,435 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $850,465 | $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.