12432 F M RD 2244 BEE CAVE, TX 78738
| Owner | HILL COUNTRY TEXAS GALLERIA LLC |
|---|---|
| Parcel ID | 0119600105 |
| Short ID | 422790 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 6,344 SF |
| Land SF | 66,646 SF |
| Acres | 1.530 |
| Year Built | 2000 |
| Legal | LOT 3 BEE CAVE PLAZA SEC 1 |
| Neighborhood | 32SWE |
| Land | $1,332,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,332,920 |
| Improvement | $457,134 |
|---|---|
| Total Improvement | $457,134 |
| Market | $1,790,054 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,790,054 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,790,054 |
| Taxable Value | $1,790,054 |
|---|
Appreciation: Market value has risen +0.7% from $1,778,304 (2021) to $1,790,054 (2025), a CAGR of 0.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $29,428. Lake Travis ISD is the largest single contributor, at 63.2% 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 74% of market value ($1,332,920 land vs $457,134 improvements), about $20/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,790,054, 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 +5.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $3,077,216 by 2031, with an estimated annual tax burden around $43,845. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 1ST | 1st Floor | 6,344 SF | ✓ |
| 511 | DECK | 1,430 SF | ✗ |
| 611 | TERRACE | 1,264 SF | ✗ |
| 501 | CANOPY | 430 SF | ✗ |
| 327 | STORAGE COMM'L | 168 SF | ✓ |
| 541 | FENCE COMM LF | 150 SF | ✗ |
| 414 | FOUNTAIN OUTDOOR | 1 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% | $18,611.19 | $18,611.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,727.83 | $6,727.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,112.68 | $2,112.68 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,618.19 | $1,618.19 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $358.01 | $358.01 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $29,427.90 | $29,427.90 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $18,611.19 | 63.2% |
| TCO Travis County | 0.3758% | $6,727.83 | 22.9% |
| THD Travis Central Health | 0.1180% | $2,112.68 | 7.2% |
| E06 Travis County ESD # 06 | 0.0904% | $1,618.19 | 5.5% |
| VBC City of Bee Cave | 0.0200% | $358.01 | 1.2% |
| Total | 1.6440% | $29,427.90 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,339,279 | $1,790,054 | +30.7% |
| Assessed Value | $2,148,065 | $1,790,054 | +20.0% |
| Land Value | $1,332,920 | $1,332,920 | +0.0% |
| Improvement Value | $1,006,359 | $457,134 | +120.1% |
| Taxable Value | $2,148,065 | $1,790,054 | +20.0% |
| HS Cap Loss | -$191,214 | — | |
| Total Tax 2026 = estimate |
~$35,313
Estimated
|
~$29,428
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,339,279 | $1,332,920 | $1,006,359 | −$191,214 | $2,148,065 | $2,148,065 | Not yet — post-cert | Preliminary |
| 2025 | $1,790,054 | $1,332,920 | $457,134 | — | $1,790,054 | $1,790,054 | ~$29,428 | Partial |
| 2024 | $2,183,600 | $1,332,920 | $850,680 | — | $2,183,600 | $2,183,600 | $35,497 | Verified |
| 2023 | $2,487,442 | $1,332,920 | $1,154,522 | — | $2,487,442 | $2,487,442 | $33,551 | Verified |
| 2022 | $2,168,209 | $1,332,920 | $835,289 | — | $2,168,209 | $2,168,209 | $37,634 | Verified |
| 2021 | $1,778,304 | $1,332,920 | $445,384 | — | $1,778,304 | $1,778,304 | $32,352 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.7% | +20.0% | 91.8% | Not available | Partial |
| 2025 | -18.0% | -18.0% | ~100% | Not available | Partial |
| 2024 | -12.2% | -12.2% | ~100% | No billing data | Verified |
| 2023 | +14.7% | +14.7% | ~100% | No billing data | Verified |
| 2022 | +21.9% | +21.9% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +30.7% | +7.4% | +5.6% | +30.7% | 2026 | -18.0% | 2025 |
| Assessment Ratio | 91.8% | 98.6% | — | 100.0% | 2021 | 91.8% | 2026 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,428 | $33,692 | ~$41,319 | $37,634 | 2022 | $29,428 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,471,139 | ~$2,362,872 | ~1.6001% | ~$37,809 | +5.6% |
| 2028 | ~$2,610,432 | ~$2,599,159 | ~1.5563% | ~$40,451 | +11.6% |
| 2029 | ~$2,757,577 | ~$2,757,577 | ~1.5125% | ~$41,708 | +17.9% |
| 2030 | ~$2,913,016 | ~$2,913,016 | ~1.4687% | ~$42,782 | +24.5% |
| 2031 | ~$3,077,216 | ~$3,077,216 | ~1.4248% | ~$43,845 | +31.5% |
| 2027 | ~$2,424,354 | ~$2,362,872 | ~1.6440% | ~$38,845 | +3.6% |
| 2028 | ~$2,512,522 | ~$2,512,522 | ~1.6440% | ~$41,305 | +7.4% |
| 2029 | ~$2,603,898 | ~$2,603,898 | ~1.6440% | ~$42,807 | +11.3% |
| 2030 | ~$2,698,596 | ~$2,698,596 | ~1.6440% | ~$44,364 | +15.4% |
| 2031 | ~$2,796,738 | ~$2,796,738 | ~1.6440% | ~$45,977 | +19.6% |
| 2027 | ~$2,517,925 | ~$2,362,872 | ~1.5782% | ~$37,291 | +7.6% |
| 2028 | ~$2,710,214 | ~$2,599,159 | ~1.5125% | ~$39,312 | +15.9% |
| 2029 | ~$2,917,187 | ~$2,859,075 | ~1.4467% | ~$41,363 | +24.7% |
| 2030 | ~$3,139,966 | ~$3,139,966 | ~1.3810% | ~$43,363 | +34.2% |
| 2031 | ~$3,379,759 | ~$3,379,759 | ~1.3153% | ~$44,453 | +44.5% |
In 2025, this property's market value of $1,790,054 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +29% 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 | $1,790,054 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,183,600 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $2,487,442 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,168,209 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,778,304 | $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 | — |