12221 F M RD 2244 TX 78738
| Owner | ISHMAEL LLC |
|---|---|
| Parcel ID | 0119580319 |
| Short ID | 563816 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 6,396 SF |
| Land SF | 30,725 SF |
| Acres | 0.705 |
| Year Built | 1998 |
| Legal | LOT 2B HEB/BEE CAVE SUBD NO 2 REPLAT OF BLK A LOT 2 |
| Neighborhood | 83SWE |
| Land | $614,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $614,500 |
| Improvement | $1,360,425 |
|---|---|
| Total Improvement | $1,360,425 |
| Market | $1,974,925 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,974,925 |
| Value Limitation Adjustment (−) (homestead cap) | −$309,265 |
| Net Appraised (assessed) | $1,665,660 |
| Taxable Value | $1,665,660 |
|---|
Appreciation: Market value has risen +52.2% from $1,297,400 (2021) to $1,974,925 (2025), a CAGR of 11.1% over 4 years. This is strong appreciation — well above typical inflation. 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 rose +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $27,383. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,665,660) is $309,265 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 31% of market value ($614,500 land vs $1,360,425 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,974,925, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +4.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,075,924 by 2031, with an estimated annual tax burden around $29,578. 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 | 14,100 SF | ✗ |
| 1ST | 1st Floor | 6,396 SF | ✓ |
| SO | Sketch Only | 1,116 SF | ✗ |
| 581C | STORAGE ATT COMM | 144 SF | ✓ |
| 611 | TERRACE | 54 SF | ✗ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $14,431.56 | $14,431.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,216.92 | $5,216.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,638.22 | $1,638.22 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,254.78 | $1,254.78 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $277.61 | $277.61 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $22,819.09 | $22,819.09 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $14,431.56 | 63.2% |
| TCO Travis County | 0.3758% | $5,216.92 | 22.9% |
| THD Travis Central Health | 0.1180% | $1,638.22 | 7.2% |
| E06 Travis County ESD # 06 | 0.0904% | $1,254.78 | 5.5% |
| VBC City of Bee Cave | 0.0200% | $277.61 | 1.2% |
| Total | 1.6440% | $22,819.09 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,641,129 | $1,974,925 | -16.9% |
| Assessed Value | $1,641,129 | $1,665,660 | -1.5% |
| Land Value | $614,500 | $614,500 | +0.0% |
| Improvement Value | $1,026,629 | $1,360,425 | -24.5% |
| Taxable Value | $1,641,129 | $1,665,660 | -1.5% |
| Total Tax 2026 = estimate |
~$26,980
Estimated
|
~$22,819
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,641,129 | $614,500 | $1,026,629 | — | $1,641,129 | $1,641,129 | Not yet — post-cert | Preliminary |
| 2025 | $1,974,925 | $614,500 | $1,360,425 | −$309,265 | $1,665,660 | $1,665,660 | ~$22,819 | Partial |
| 2024 | $1,388,050 | $614,500 | $773,550 | — | $1,388,050 | $1,388,050 | $22,564 | Verified |
| 2023 | $1,378,792 | $614,500 | $764,292 | — | $1,378,792 | $1,378,792 | $21,820 | Verified |
| 2022 | $1,297,400 | $614,500 | $682,900 | — | $1,297,400 | $1,297,400 | $22,519 | Verified |
| 2021 | $1,297,400 | $614,500 | $682,900 | — | $1,297,400 | $1,297,400 | $23,603 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.9% | -1.5% | ~100% | Not available | Partial |
| 2025 | +42.3% | +20.0% | 84.3% | Not available | Partial |
| 2024 | +0.7% | +0.7% | ~100% | No billing data | Verified |
| 2023 | +6.3% | +6.3% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +52.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -16.9% | +6.5% | +4.8% | +42.3% | 2025 | -16.9% | 2026 |
| Assessment Ratio | 100.0% | 97.4% | — | 100.0% | 2021 | 84.3% | 2025 |
| Effective Tax Rate (2025) | 1.1600% | 1.1600% | — | 1.1600% | 2025 | 1.1600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$22,819 | $22,665 | ~$28,566 | $23,603 | 2021 | $21,820 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,720,111 | ~$1,720,111 | ~1.6001% | ~$27,524 | +4.8% |
| 2028 | ~$1,802,894 | ~$1,802,894 | ~1.5563% | ~$28,059 | +9.9% |
| 2029 | ~$1,889,662 | ~$1,889,662 | ~1.5125% | ~$28,581 | +15.1% |
| 2030 | ~$1,980,605 | ~$1,980,605 | ~1.4687% | ~$29,088 | +20.7% |
| 2031 | ~$2,075,924 | ~$2,075,924 | ~1.4248% | ~$29,578 | +26.5% |
| 2027 | ~$1,687,288 | ~$1,687,288 | ~1.6440% | ~$27,738 | +2.8% |
| 2028 | ~$1,734,746 | ~$1,734,746 | ~1.6440% | ~$28,519 | +5.7% |
| 2029 | ~$1,783,539 | ~$1,783,539 | ~1.6440% | ~$29,321 | +8.7% |
| 2030 | ~$1,833,704 | ~$1,833,704 | ~1.6440% | ~$30,145 | +11.7% |
| 2031 | ~$1,885,280 | ~$1,885,280 | ~1.6440% | ~$30,993 | +14.9% |
| 2027 | ~$1,752,934 | ~$1,752,934 | ~1.5782% | ~$27,665 | +6.8% |
| 2028 | ~$1,872,355 | ~$1,872,355 | ~1.5125% | ~$28,319 | +14.1% |
| 2029 | ~$1,999,912 | ~$1,999,912 | ~1.4467% | ~$28,934 | +21.9% |
| 2030 | ~$2,136,160 | ~$2,136,160 | ~1.3810% | ~$29,500 | +30.2% |
| 2031 | ~$2,281,689 | ~$2,281,689 | ~1.3153% | ~$30,010 | +39.0% |
In 2025, this property's market value of $1,974,925 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +43% above the county median of $1,382,921. 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 | $1,974,925 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,388,050 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,378,792 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $1,297,400 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,297,400 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |