7008 N RANCH RD 620 TX 78726
| Owner | SMOKEY JS BAR B Q |
|---|---|
| Parcel ID | 0156340303 |
| Short ID | 155624 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 764 SF |
| Land SF | 41,470 SF |
| Acres | 0.952 |
| Year Built | 1980 |
| Legal | IMP ONLY ABS 224 SUR 805 DUNLAP A ACR .952 |
| Neighborhood | 20FNW |
| Land | $1,451,450 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,451,450 |
| Improvement | $73,212 |
|---|---|
| Total Improvement | $73,212 |
| Market | $1,552,538 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,552,538 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,552,538 |
| Taxable Value | $1,552,538 |
|---|
| Total Due | $707.88 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has fallen -3.5% from $1,608,406 (2021) to $1,552,538 (2025), a CAGR of -0.9% 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 $34,283. 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 93% of market value ($1,451,450 land vs $73,212 improvements), about $35/SF of land. With value concentrated in the land under a ~46-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,552,538, 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 -0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,485,424 by 2030, with an estimated annual tax burden around $28,274. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $707.88 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 764 SF | ✓ |
| 501 | CANOPY | 520 SF | ✗ |
| 511 | DECK | 316 SF | ✗ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 155624 | BELL620 LLC & | 7008 RANCH RD 620 78726 | $1,524,662 | $1,524,662 | $1,524,662 |
| 514263 | SMOKEY JS BAR B Q | 7008 RANCH RD 620 78726 | $30,045 | $30,045 | $30,045 |
Market value changed by 98% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $16,874.53 | $16,571.55 | $302.98 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,135.56 | $7,989.49 | $146.07 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,835.14 | $5,730.37 | $104.77 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,832.35 | $1,799.45 | $32.90 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,605.32 | $1,576.50 | $28.82 |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $34,282.90 | $33,667.36 | $615.54 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,554,707 | $1,552,538 | +0.1% |
| Assessed Value | $1,554,707 | $1,552,538 | +0.1% |
| Land Value | $1,451,450 | $1,451,450 | +0.0% |
| Improvement Value | $73,212 | $73,212 | +0.0% |
| Taxable Value | $1,554,707 | $1,552,538 | +0.1% |
| Total Tax 2026 = estimate |
~$34,331
Estimated
|
~$34,283
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,554,707 | $1,554,707 | +0 (+0.0%) |
| Taxable Value | $1,554,707 | $1,554,707 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,554,707 | $1,451,450 | $73,212 | — | $1,554,707 | $1,554,707 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,552,538 | $1,451,450 | $73,212 | — | $1,552,538 | $1,552,538 | ~$34,283 | Partial |
| 2024 | $1,528,845 | — | — | — | — | $— | $32,362 | Verified |
| 2023 | $1,526,933 | — | — | — | — | $— | $31,470 | Verified |
| 2022 | $1,612,213 | — | — | — | — | $— | $34,401 | Verified |
| 2021 | $1,608,406 | — | — | −$156,956 | $1,451,450 | $— | $39,531 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.8% | +7.8% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | 2.2100% | Verified |
| 2024 | -3.3% | -3.3% | ~100% | 2.1200% | Verified |
| 2023 | +4.3% | +4.3% | ~100% | 2.0600% | Verified |
| 2022 | -98.2% ! | -98.2% | ~100% | 2.2500% | Verified |
| 2021 | base year | — | ~100% | 2.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -98.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | -0.7% | -0.9% | +1.5% | 2025 | -5.3% | 2023 |
| Assessment Ratio | 100.0% | 96.7% | — | 100.0% | 2025 | 90.2% | 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 |
$34,283 | $34,409 | ~$30,640 | $39,531 | 2021 | $31,470 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,538,877 | ~$1,538,877 | ~2.1472% | ~$33,043 | -0.9% |
| 2027 | ~$1,525,336 | ~$1,525,336 | ~2.0863% | ~$31,823 | -1.8% |
| 2028 | ~$1,511,914 | ~$1,511,914 | ~2.0253% | ~$30,621 | -2.6% |
| 2029 | ~$1,498,611 | ~$1,498,611 | ~1.9644% | ~$29,439 | -3.5% |
| 2030 | ~$1,485,424 | ~$1,485,424 | ~1.9034% | ~$28,274 | -4.3% |
| 2026 | ~$1,507,826 | ~$1,507,826 | ~2.2082% | ~$33,296 | -2.9% |
| 2027 | ~$1,464,402 | ~$1,464,402 | ~2.2082% | ~$32,337 | -5.7% |
| 2028 | ~$1,422,228 | ~$1,422,228 | ~2.2082% | ~$31,405 | -8.4% |
| 2029 | ~$1,381,269 | ~$1,381,269 | ~2.2082% | ~$30,501 | -11.0% |
| 2030 | ~$1,341,490 | ~$1,341,490 | ~2.2082% | ~$29,623 | -13.6% |
| 2026 | ~$1,569,928 | ~$1,569,928 | ~2.1168% | ~$33,232 | +1.1% |
| 2027 | ~$1,587,512 | ~$1,587,512 | ~2.0253% | ~$32,153 | +2.3% |
| 2028 | ~$1,605,293 | ~$1,605,293 | ~1.9339% | ~$31,045 | +3.4% |
| 2029 | ~$1,623,274 | ~$1,623,274 | ~1.8425% | ~$29,909 | +4.6% |
| 2030 | ~$1,641,456 | ~$1,641,456 | ~1.7511% | ~$28,743 | +5.7% |
In 2025, this property's market value of $1,552,538 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +10% 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 | $1,552,538 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,528,845 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,526,933 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,612,213 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,608,406 | $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.