12601 GALLERIA PARKWAY TX 78733
| Owner | HILL COUNTRY GALLERIA HOTEL LLC |
|---|---|
| Parcel ID | 0121600707 |
| Short ID | 841230 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 77,331 SF |
| Land SF | 120,226 SF |
| Acres | 2.760 |
| Year Built | 2013 |
| Legal | LOT 2A BLK A HILL COUNTRY GALLERIA RPT LT 2 BLK A AMD LTS 1-8,10-26 BLK A, LTS 1-3, 5-8 BLK B & LT 1 BLK C |
| Neighborhood | 34SW2 |
| Land | $1,683,158 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,683,158 |
| Improvement | $19,103,197 |
|---|---|
| Total Improvement | $19,103,197 |
| Market | $20,786,355 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,786,355 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,786,355 |
| Taxable Value | $20,786,355 |
|---|
Appreciation: Market value has fallen -4.5% from $21,760,000 (2021) to $20,786,355 (2025), a CAGR of -1.1% over 4 years. 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 rose +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.9331% in 2025 (+0.0553% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $401,830. Lake Travis ISD is the largest single contributor, at 53.8% 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 8% of market value ($1,683,158 land vs $19,103,197 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $20,786,355, this parcel sits in the top quartile (≥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 +2.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $28,802,491 by 2031, with an estimated annual tax burden around $526,745. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 197,038 SF | ✗ |
| 187 | PARKING GARAGE | 64,245 SF | ✓ |
| 1ST | 1st Floor | 37,480 SF | ✓ |
| 3RD | 3rd Floor | 21,356 SF | ✓ |
| 4TH | 4th Floor | 21,356 SF | ✓ |
| 5TH | 5th Floor | 20,237 SF | ✓ |
| 2ND | 2nd Floor | 18,495 SF | ✓ |
| 611 | TERRACE | 15,211 SF | ✗ |
| ADDL | Additional Floor | 13,869 SF | ✓ |
| 335 | PENTHOUSE | 3,744 SF | ✓ |
| 407 | LOADING DOCK | 1,815 SF | ✓ |
| 601 | POOL COMM'L | 1,210 SF | ✗ |
| 276 | ELEVATOR COM PAS | 3 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% | $216,115.73 | $216,115.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,124.48 | $78,124.48 | Paid |
| RBC Travis County Bee Cave Rd Dist # 1 | 0.1973% | 0.2122% | 0.2285% | 0.2522% | 0.2892% | +0.0369% | $60,109.15 | $60,109.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,532.68 | $24,532.68 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $18,790.66 | $18,790.66 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $4,157.27 | $4,157.27 | Paid |
| Combined Rate | 2.0166% | 1.9479% | 1.8111% | 1.8778% | 1.9331% | +0.0553% | $401,829.97 | $401,829.97 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $216,115.73 | 53.8% |
| TCO Travis County | 0.3758% | $78,124.48 | 19.4% |
| RBC Travis County Bee Cave Rd Dist # 1 | 0.2892% | $60,109.15 | 15.0% |
| THD Travis Central Health | 0.1180% | $24,532.68 | 6.1% |
| E06 Travis County ESD # 06 | 0.0904% | $18,790.66 | 4.7% |
| VBC City of Bee Cave | 0.0200% | $4,157.27 | 1.0% |
| Total | 1.9331% | $401,829.97 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $25,034,820 | $20,786,355 | +20.4% |
| Assessed Value | $25,034,820 | $20,786,355 | +20.4% |
| Land Value | $1,683,158 | $1,683,158 | +0.0% |
| Improvement Value | $23,351,662 | $19,103,197 | +22.2% |
| Taxable Value | $25,034,820 | $20,786,355 | +20.4% |
| Total Tax 2026 = estimate |
~$483,959
Estimated
|
~$401,830
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $25,034,820 | $1,683,158 | $23,351,662 | — | $25,034,820 | $25,034,820 | Not yet — post-cert | Preliminary |
| 2025 | $20,786,355 | $1,683,158 | $19,103,197 | — | $20,786,355 | $20,786,355 | ~$401,830 | Partial |
| 2024 | $32,500,000 | $1,683,158 | $30,816,842 | — | $32,500,000 | $32,500,000 | $478,392 | Verified |
| 2023 | $24,500,000 | $1,683,158 | $22,816,842 | — | $24,500,000 | $24,500,000 | $443,714 | Verified |
| 2022 | $23,830,000 | $1,683,158 | $22,146,842 | — | $23,830,000 | $23,830,000 | $464,180 | Verified |
| 2021 | $21,760,000 | $1,683,158 | $20,076,842 | — | $21,760,000 | $21,760,000 | $438,813 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.4% | +20.4% | ~100% | Not available | Partial |
| 2025 | -36.0% | -36.0% | ~100% | Not available | Partial |
| 2024 | +32.7% | +32.7% | ~100% | No billing data | Verified |
| 2023 | +2.8% | +2.8% | ~100% | No billing data | Verified |
| 2022 | +9.5% | +9.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.4% | +5.9% | +2.8% | +32.7% | 2024 | -36.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$401,830 | $445,386 | ~$509,465 | $478,392 | 2024 | $401,830 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$25,746,701 | ~$25,746,701 | ~1.9123% | ~$492,348 | +2.8% |
| 2028 | ~$26,478,825 | ~$26,478,825 | ~1.8914% | ~$500,824 | +5.8% |
| 2029 | ~$27,231,767 | ~$27,231,767 | ~1.8705% | ~$509,383 | +8.8% |
| 2030 | ~$28,006,120 | ~$28,006,120 | ~1.8497% | ~$518,024 | +11.9% |
| 2031 | ~$28,802,491 | ~$28,802,491 | ~1.8288% | ~$526,745 | +15.0% |
| 2027 | ~$25,246,005 | ~$25,246,005 | ~1.9331% | ~$488,041 | +0.8% |
| 2028 | ~$25,458,971 | ~$25,458,971 | ~1.9331% | ~$492,158 | +1.7% |
| 2029 | ~$25,673,733 | ~$25,673,733 | ~1.9331% | ~$496,310 | +2.6% |
| 2030 | ~$25,890,308 | ~$25,890,308 | ~1.9331% | ~$500,497 | +3.4% |
| 2031 | ~$26,108,709 | ~$26,108,709 | ~1.9331% | ~$504,719 | +4.3% |
| 2027 | ~$26,247,397 | ~$26,247,397 | ~1.9018% | ~$499,185 | +4.8% |
| 2028 | ~$27,518,707 | ~$27,518,707 | ~1.8705% | ~$514,751 | +9.9% |
| 2029 | ~$28,851,593 | ~$28,851,593 | ~1.8393% | ~$530,653 | +15.2% |
| 2030 | ~$30,249,038 | ~$30,249,038 | ~1.8080% | ~$546,888 | +20.8% |
| 2031 | ~$31,714,169 | ~$31,714,169 | ~1.7767% | ~$563,452 | +26.7% |
In 2025, this property's market value of $20,786,355 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 15× 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 | $20,786,355 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $32,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $24,500,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $23,830,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $21,760,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | 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 | — |