7710 F M RD 620 7 78732
| Owner | REEL RETAIL FUND I LLC |
|---|---|
| Parcel ID | 0158300204 |
| Short ID | 973571 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,560 SF |
| Land SF | 85,857 SF |
| Acres | 1.971 |
| Year Built | 2020 |
| Legal | LOT 7 PARKE 27 LT 1 BLK A RESUB |
| Neighborhood | NW |
| Land | $1,717,135 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,717,135 |
| Improvement | $3,757,865 |
|---|---|
| Total Improvement | $3,757,865 |
| Market | $5,475,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,475,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,475,000 |
| Taxable Value | $5,475,000 |
|---|
Appreciation: Market value has risen +3.3% from $5,299,000 (2024) to $5,475,000 (2025), a CAGR of 3.3% over 1 year. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 fell -1.5%, 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 $120,898. 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 31% of market value ($1,717,135 land vs $3,757,865 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,475,000, this parcel sits in the top quartile (≥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 +3.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,446,666 by 2030, with an estimated annual tax burden around $122,709. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,000 SF | ✗ |
| 1ST | 1st Floor | 11,560 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% | $59,507.78 | $59,507.78 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,689.93 | $28,689.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,577.51 | $20,577.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,461.76 | $6,461.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,661.15 | $5,661.15 | Paid |
| Combined Rate | 2.4520% | 2.2529% | 2.0584% | 2.1182% | 2.2082% | +0.0900% | $120,898.13 | $120,898.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,475,000 | $5,475,000 | +0.0% |
| Assessed Value | $5,475,000 | $5,475,000 | +0.0% |
| Land Value | $1,717,135 | $1,717,135 | +0.0% |
| Improvement Value | $3,757,865 | $3,757,865 | +0.0% |
| Taxable Value | $5,475,000 | $5,475,000 | +0.0% |
| Total Tax 2026 = estimate |
~$120,898
Estimated
|
~$120,898
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,475,000 | $5,475,000 | +0 (+0.0%) |
| Taxable Value | $5,475,000 | $5,475,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,475,000 | $1,717,135 | $3,757,865 | — | $5,475,000 | $5,475,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,475,000 | $1,717,135 | $3,757,865 | — | $5,475,000 | $5,475,000 | ~$120,898 | Partial |
| 2024 | $5,299,000 | — | — | −$3,581,865 | $1,717,135 | $— | $109,723 | Verified |
| 2023 | $— | — | — | — | $1,717,135 | $— | $109,077 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2024 | -2.2% | -2.2% | ~100% | 2.1200% | Verified |
| 2023 | base year | — | ~100% | 2.0600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.6% | +3.3% | +3.3% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 77.5% | — | 100.0% | 2025 | 32.4% | 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 |
$120,898 | $115,311 | ~$122,197 | $120,898 | 2025 | $109,723 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,656,846 | ~$5,656,846 | ~2.1472% | ~$121,466 | +3.3% |
| 2027 | ~$5,844,731 | ~$5,844,731 | ~2.0863% | ~$121,938 | +6.8% |
| 2028 | ~$6,038,857 | ~$6,038,857 | ~2.0253% | ~$122,307 | +10.3% |
| 2029 | ~$6,239,430 | ~$6,239,430 | ~1.9644% | ~$122,567 | +14.0% |
| 2030 | ~$6,446,666 | ~$6,446,666 | ~1.9034% | ~$122,709 | +17.7% |
| 2026 | ~$5,547,346 | ~$5,547,346 | ~2.2082% | ~$122,496 | +1.3% |
| 2027 | ~$5,620,647 | ~$5,620,647 | ~2.2082% | ~$124,114 | +2.7% |
| 2028 | ~$5,694,917 | ~$5,694,917 | ~2.2082% | ~$125,754 | +4.0% |
| 2029 | ~$5,770,169 | ~$5,770,169 | ~2.2082% | ~$127,416 | +5.4% |
| 2030 | ~$5,846,415 | ~$5,846,415 | ~2.2082% | ~$129,100 | +6.8% |
| 2026 | ~$5,766,346 | ~$5,766,346 | ~2.1168% | ~$122,060 | +5.3% |
| 2027 | ~$6,073,195 | ~$6,073,195 | ~2.0253% | ~$123,003 | +10.9% |
| 2028 | ~$6,396,373 | ~$6,396,373 | ~1.9339% | ~$123,701 | +16.8% |
| 2029 | ~$6,736,748 | ~$6,736,748 | ~1.8425% | ~$124,124 | +23.0% |
| 2030 | ~$7,095,236 | ~$7,095,236 | ~1.7511% | ~$124,243 | +29.6% |
In 2025, this property's market value of $5,475,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,475,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,299,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
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.