20624 F M RD 1431 1 TX 78645
| Owner | DIECKMANN ONE LLC RANGER SERIES |
|---|---|
| Parcel ID | 0182761302 |
| Short ID | 773639 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,411 SF |
| Land SF | 7,002 SF |
| Acres | 0.161 |
| Year Built | 2008 |
| Legal | UNT 1 CASEY PROFESSIONAL BUILDING CONDOMINIUMS PLUS 12.5 % INT IN COM AREA |
| Neighborhood | 26FNW11 |
| Land | $31,510 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $31,510 |
| Improvement | $436,858 |
|---|---|
| Total Improvement | $436,858 |
| Market | $468,368 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $468,368 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $468,368 |
| Taxable Value | $468,368 |
|---|
Appreciation: Market value has risen +67.3% from $280,000 (2021) to $468,368 (2025), a CAGR of 13.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $9,980. Lago Vista ISD is the largest single contributor, at 47.7% 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 7% of market value ($31,510 land vs $436,858 improvements), about $5/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $468,368, this parcel sits in the bottom quartile (<25th 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 +13.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $890,992 by 2030, with an estimated annual tax burden around $12,796. 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 | 1,411 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% | $4,762.83 | $4,762.83 | Paid |
| CLV City of Lago Vista | 0.6070% | 0.4283% | 0.4139% | 0.4231% | 0.4200% | -0.0031% | $1,967.15 | $1,967.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,760.34 | $1,760.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $552.78 | $552.78 | Paid |
| E01 Travis County ESD # 01 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $468.37 | $468.37 | Paid |
| E07 Travis County ESD # 07 | 0.1000% | 0.0784% | 0.0842% | 0.0910% | 0.1000% | +0.0090% | $468.21 | $468.21 | Paid |
| Combined Rate | 2.4782% | 2.2082% | 2.0226% | 2.0834% | 2.1307% | +0.0473% | $9,979.68 | $9,979.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $559,778 | $468,368 | +19.5% |
| Assessed Value | $559,778 | $468,368 | +19.5% |
| Land Value | $31,510 | $31,510 | +0.0% |
| Improvement Value | $528,268 | $436,858 | +20.9% |
| Taxable Value | $559,778 | $468,368 | +19.5% |
| Total Tax 2026 = estimate |
~$11,927
Estimated
|
~$9,980
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $615,141 | $559,778 | -55,363 (-9.0%) |
| Taxable Value | $562,042 | $559,778 | -2,264 (-0.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $559,778 | $31,510 | $528,268 | — | $559,778 | $559,778 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $468,368 | $31,510 | $436,858 | — | $468,368 | $468,368 | ~$9,980 | Partial |
| 2024 | $449,426 | — | — | −$417,916 | $31,510 | $— | $11,236 | Verified |
| 2023 | $368,114 | — | — | −$336,604 | $31,510 | $— | $9,090 | Verified |
| 2022 | $272,200 | — | — | −$240,690 | $31,510 | $— | $8,129 | Verified |
| 2021 | $280,000 | — | — | −$248,490 | $31,510 | $— | $6,859 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.3% | +20.0% | 91.4% | Not available | Partial |
| 2025 | -15.0% | -13.2% | ~100% | Not available | Partial |
| 2024 | +22.6% | +20.0% | 97.9% | 2.0400% | Verified |
| 2023 | +22.1% | +22.1% | ~100% | 2.0200% | Verified |
| 2022 | -4.4% | -4.4% | ~100% | 2.2100% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +19.5% | +15.6% | +10.0% | +35.2% | 2023 | -2.8% | 2022 |
| Assessment Ratio | 100.0% | 39.8% | — | 100.0% | 2025 | 7.0% | 2024 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,980 | $9,059 | ~$11,661 | $11,236 | 2024 | $6,859 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$532,653 | ~$515,205 | ~2.0439% | ~$10,530 | +13.7% |
| 2027 | ~$605,762 | ~$566,725 | ~1.9570% | ~$11,091 | +29.3% |
| 2028 | ~$688,905 | ~$623,398 | ~1.8702% | ~$11,658 | +47.1% |
| 2029 | ~$783,459 | ~$685,738 | ~1.7833% | ~$12,229 | +67.3% |
| 2030 | ~$890,992 | ~$754,311 | ~1.6964% | ~$12,796 | +90.2% |
| 2026 | ~$523,286 | ~$515,205 | ~2.1307% | ~$10,978 | +11.7% |
| 2027 | ~$584,643 | ~$566,725 | ~2.1307% | ~$12,075 | +24.8% |
| 2028 | ~$653,194 | ~$623,398 | ~2.1307% | ~$13,283 | +39.5% |
| 2029 | ~$729,784 | ~$685,738 | ~2.1307% | ~$14,611 | +55.8% |
| 2030 | ~$815,353 | ~$754,311 | ~2.1307% | ~$16,072 | +74.1% |
| 2026 | ~$542,021 | ~$515,205 | ~2.0004% | ~$10,306 | +15.7% |
| 2027 | ~$627,255 | ~$566,725 | ~1.8702% | ~$10,599 | +33.9% |
| 2028 | ~$725,893 | ~$623,398 | ~1.7399% | ~$10,846 | +55.0% |
| 2029 | ~$840,043 | ~$685,738 | ~1.6096% | ~$11,037 | +79.4% |
| 2030 | ~$972,142 | ~$754,311 | ~1.4793% | ~$11,158 | +107.6% |
In 2025, this property's market value of $468,368 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -67% 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 | $468,368 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $449,426 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $368,114 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $272,200 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $280,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | 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.