7002 N RANCH RD 620 TX 78726
| Owner | 7-ELEVEN INC |
|---|---|
| Parcel ID | 0156340302 |
| Short ID | 155623 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,763 SF |
| Land SF | 21,083 SF |
| Acres | 0.484 |
| Year Built | 2004 |
| Legal | LOT 1 BLK A SPEEDY STOP 209 |
| Neighborhood | 48FNW |
| Land | $463,826 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $463,826 |
| Improvement | $665,486 |
|---|---|
| Total Improvement | $665,486 |
| Market | $1,129,312 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,129,312 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,129,312 |
| Taxable Value | $1,129,312 |
|---|
Appreciation: Market value has risen +21.0% from $933,316 (2021) to $1,129,312 (2025), a CAGR of 4.9% 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 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 $24,937. 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 41% of market value ($463,826 land vs $665,486 improvements), about $22/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,129,312, 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 +4.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,433,163 by 2030, with an estimated annual tax burden around $27,279. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,000 SF | ✗ |
| 1ST | 1st Floor | 3,763 SF | ✓ |
| 501 | CANOPY | 3,183 SF | ✗ |
| 611 | TERRACE | 909 SF | ✗ |
| 541 | FENCE COMM LF | 40 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% | $12,274.49 | $12,274.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,917.79 | $5,917.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,244.46 | $4,244.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,332.85 | $1,332.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,167.71 | $1,167.71 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $24,937.30 | $24,937.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,137,483 | $1,129,312 | +0.7% |
| Assessed Value | $1,137,483 | $1,129,312 | +0.7% |
| Land Value | $463,826 | $463,826 | +0.0% |
| Improvement Value | $673,657 | $665,486 | +1.2% |
| Taxable Value | $1,137,483 | $1,129,312 | +0.7% |
| Total Tax 2026 = estimate |
~$25,118
Estimated
|
~$24,937
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,137,483 | $1,137,483 | +0 (+0.0%) |
| Taxable Value | $1,137,483 | $1,137,483 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,137,483 | $463,826 | $673,657 | — | $1,137,483 | $1,137,483 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,129,312 | $463,826 | $665,486 | — | $1,129,312 | $1,129,312 | ~$24,937 | Partial |
| 2024 | $1,135,125 | — | — | −$671,299 | $463,826 | $— | $23,835 | Verified |
| 2023 | $917,556 | — | — | −$453,730 | $463,826 | $— | $23,366 | Verified |
| 2022 | $929,101 | — | — | −$465,275 | $463,826 | $— | $20,672 | Verified |
| 2021 | $933,316 | — | — | −$469,490 | $463,826 | $— | $22,781 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.7% | +0.7% | ~100% | Not available | Partial |
| 2025 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2024 | -0.9% | -0.9% | ~100% | 2.1200% | Verified |
| 2023 | +23.7% | +23.7% | ~100% | 2.0600% | Verified |
| 2022 | -1.2% | -1.2% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.7% | +4.4% | +4.7% | +23.7% | 2024 | -1.2% | 2023 |
| Assessment Ratio | 100.0% | 65.2% | — | 100.0% | 2025 | 40.9% | 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 |
$24,937 | $23,118 | ~$26,372 | $24,937 | 2025 | $20,672 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,184,432 | ~$1,184,432 | ~2.1472% | ~$25,433 | +4.9% |
| 2027 | ~$1,242,243 | ~$1,242,243 | ~2.0863% | ~$25,917 | +10.0% |
| 2028 | ~$1,302,875 | ~$1,302,875 | ~2.0253% | ~$26,388 | +15.4% |
| 2029 | ~$1,366,467 | ~$1,366,467 | ~1.9644% | ~$26,843 | +21.0% |
| 2030 | ~$1,433,163 | ~$1,433,163 | ~1.9034% | ~$27,279 | +26.9% |
| 2026 | ~$1,161,846 | ~$1,161,846 | ~2.2082% | ~$25,656 | +2.9% |
| 2027 | ~$1,195,317 | ~$1,195,317 | ~2.2082% | ~$26,395 | +5.8% |
| 2028 | ~$1,229,753 | ~$1,229,753 | ~2.2082% | ~$27,155 | +8.9% |
| 2029 | ~$1,265,181 | ~$1,265,181 | ~2.2082% | ~$27,938 | +12.0% |
| 2030 | ~$1,301,629 | ~$1,301,629 | ~2.2082% | ~$28,742 | +15.3% |
| 2026 | ~$1,207,019 | ~$1,207,019 | ~2.1168% | ~$25,550 | +6.9% |
| 2027 | ~$1,290,072 | ~$1,290,072 | ~2.0253% | ~$26,128 | +14.2% |
| 2028 | ~$1,378,840 | ~$1,378,840 | ~1.9339% | ~$26,666 | +22.1% |
| 2029 | ~$1,473,717 | ~$1,473,717 | ~1.8425% | ~$27,153 | +30.5% |
| 2030 | ~$1,575,121 | ~$1,575,121 | ~1.7511% | ~$27,581 | +39.5% |
In 2025, this property's market value of $1,129,312 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -20% 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 | $1,129,312 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,135,125 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $917,556 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $929,101 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $933,316 | $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.