7503 LOHMANS FORD RD TX 78645
| Owner | HILLSIDE GROCERY INC |
|---|---|
| Parcel ID | 0175770246 |
| Short ID | 178454 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 5,616 SF |
| Land SF | 168,098 SF |
| Acres | 3.859 |
| Year Built | 1984 |
| Legal | LOT 1 RESUB OF TRACT 23 TRAVIS HOLLOW SEC 2 |
| Neighborhood | 48FNW |
| Land | $168,098 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $168,098 |
| Improvement | $586,493 |
|---|---|
| Total Improvement | $586,493 |
| Market | $754,591 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $754,591 |
| Value Limitation Adjustment (−) (homestead cap) | −$52,452 |
| Net Appraised (assessed) | $702,139 |
| Taxable Value | $702,139 |
|---|
Appreciation: Market value has risen +39.8% from $539,762 (2021) to $754,591 (2025), a CAGR of 8.7% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 2.1307% in 2025 (+0.0473% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $14,961. Lago Vista ISD is the largest single contributor, at 47.7% of the total 2025 levy.
Assessment Gap: Assessed value ($702,139) is $52,452 below market value, suggesting potential for an upward assessment in future years.
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 22% of market value ($168,098 land vs $586,493 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $754,591, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,147,092 by 2030, with an estimated annual tax burden around $19,183. 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 | 14,760 SF | ✗ |
| 1ST | 1st Floor | 5,616 SF | ✓ |
| 501 | CANOPY | 1,312 SF | ✗ |
| 611 | TERRACE | 288 SF | ✗ |
| 327 | STORAGE COMM'L | 260 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILV Lago Vista ISD | 1.2020% | 1.1846% | 1.0192% | 1.0169% | 1.0169% | +0.0000% | $7,140.05 | $7,140.05 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $2,948.98 | $2,948.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,638.95 | $2,638.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $828.69 | $828.69 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $702.14 | $702.14 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $701.91 | $701.91 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $14,960.72 | $14,960.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $754,000 | $754,591 | -0.1% |
| Assessed Value | $754,000 | $702,139 | +7.4% |
| Land Value | $168,098 | $168,098 | +0.0% |
| Improvement Value | $585,902 | $586,493 | -0.1% |
| Taxable Value | $754,000 | $702,139 | +7.4% |
| Total Tax 2026 = estimate |
~$16,066
Estimated
|
~$14,961
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $856,016 | $754,000 | -102,016 (-11.9%) |
| Taxable Value | $842,567 | $754,000 | -88,567 (-10.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $754,000 | $168,098 | $585,902 | — | $754,000 | $754,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $754,591 | $168,098 | $586,493 | −$52,452 | $702,139 | $702,139 | ~$14,961 | Partial |
| 2024 | $837,523 | — | — | −$669,425 | $168,098 | $— | $12,190 | Verified |
| 2023 | $626,747 | — | — | −$458,649 | $168,098 | $— | $16,940 | Verified |
| 2022 | $530,594 | — | — | −$362,496 | $168,098 | $— | $13,840 | Verified |
| 2021 | $539,762 | — | — | −$371,664 | $168,098 | $— | $13,149 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.4% | +20.0% | 98.4% | Not available | Partial |
| 2025 | +29.0% | +20.0% | 93.0% | Not available | Partial |
| 2024 | -30.1% | -30.1% | ~100% | 2.0800% | Verified |
| 2023 | +33.6% | +33.6% | ~100% | 2.0200% | Verified |
| 2022 | +12.5% | +12.5% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.1% | +8.0% | +8.8% | +33.6% | 2024 | -9.9% | 2025 |
| Assessment Ratio | 100.0% | 50.4% | — | 100.0% | 2026 | 20.1% | 2024 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,961 | $14,216 | ~$17,481 | $16,940 | 2023 | $12,190 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$820,520 | ~$772,353 | ~2.0439% | ~$15,786 | +8.7% |
| 2027 | ~$892,208 | ~$849,588 | ~1.9570% | ~$16,627 | +18.2% |
| 2028 | ~$970,161 | ~$934,547 | ~1.8702% | ~$17,477 | +28.6% |
| 2029 | ~$1,054,923 | ~$1,028,002 | ~1.7833% | ~$18,332 | +39.8% |
| 2030 | ~$1,147,092 | ~$1,130,802 | ~1.6964% | ~$19,183 | +52.0% |
| 2026 | ~$805,428 | ~$772,353 | ~2.1307% | ~$16,457 | +6.7% |
| 2027 | ~$859,689 | ~$849,588 | ~2.1307% | ~$18,102 | +13.9% |
| 2028 | ~$917,607 | ~$917,607 | ~2.1307% | ~$19,552 | +21.6% |
| 2029 | ~$979,426 | ~$979,426 | ~2.1307% | ~$20,869 | +29.8% |
| 2030 | ~$1,045,410 | ~$1,045,410 | ~2.1307% | ~$22,275 | +38.5% |
| 2026 | ~$835,611 | ~$772,353 | ~2.0004% | ~$15,450 | +10.7% |
| 2027 | ~$925,331 | ~$849,588 | ~1.8702% | ~$15,889 | +22.6% |
| 2028 | ~$1,024,684 | ~$934,547 | ~1.7399% | ~$16,260 | +35.8% |
| 2029 | ~$1,134,704 | ~$1,028,002 | ~1.6096% | ~$16,546 | +50.4% |
| 2030 | ~$1,256,537 | ~$1,130,802 | ~1.4793% | ~$16,728 | +66.5% |
In 2025, this property's market value of $754,591 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -47% 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 | $754,591 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $837,523 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $626,747 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $530,594 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $539,762 | $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.