12813 GALLERIA PARKWAY TX 78738
| Owner | CSHV HCG OFFICE LLC |
|---|---|
| Parcel ID | 0121630103 |
| Short ID | 740559 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 59,046 SF |
| Land SF | 52,133 SF |
| Acres | 1.197 |
| Year Built | 2013 |
| Legal | LOT 20 BLK A HILL COUNTRY GALLERIA AMENDED PLAT OF LTS 1-3,6-8&10-26 BLK A,LTS 1-3&6-8 BLK B & LOT BLK C |
| Neighborhood | 51FSWE |
| Land | $1,042,660 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,042,660 |
| Improvement | $12,942,045 |
|---|---|
| Total Improvement | $12,942,045 |
| Market | $13,984,705 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,984,705 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,984,705 |
| Taxable Value | $13,984,705 |
|---|
Appreciation: Market value has fallen -20.2% from $17,516,500 (2021) to $13,984,705 (2025), a CAGR of -5.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $270,344. 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 7% of market value ($1,042,660 land vs $12,942,045 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,984,705, 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 -4.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $10,652,994 by 2031, with an estimated annual tax burden around $194,824. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 19,848 SF | ✓ |
| 3RD | 3rd Floor | 19,848 SF | ✓ |
| 1ST | 1st Floor | 19,350 SF | ✓ |
| 611 | TERRACE | 704 SF | ✗ |
| LOBBY | Lobby | 498 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% | $145,398.98 | $145,398.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $52,560.81 | $52,560.81 | Paid |
| RBC Travis County Bee Cave Rd Dist # 1 | 0.1973% | 0.2122% | 0.2285% | 0.2522% | 0.2892% | +0.0369% | $40,440.41 | $40,440.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,505.17 | $16,505.17 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $12,642.03 | $12,642.03 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $2,796.94 | $2,796.94 | Paid |
| Combined Rate | 2.0166% | 1.9479% | 1.8111% | 1.8778% | 1.9331% | +0.0553% | $270,344.34 | $270,344.34 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $145,398.98 | 53.8% |
| TCO Travis County | 0.3758% | $52,560.81 | 19.4% |
| RBC Travis County Bee Cave Rd Dist # 1 | 0.2892% | $40,440.41 | 15.0% |
| THD Travis Central Health | 0.1180% | $16,505.17 | 6.1% |
| E06 Travis County ESD # 06 | 0.0904% | $12,642.03 | 4.7% |
| VBC City of Bee Cave | 0.0200% | $2,796.94 | 1.0% |
| Total | 1.9331% | $270,344.34 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,660,277 | $13,984,705 | -2.3% |
| Assessed Value | $13,660,277 | $13,984,705 | -2.3% |
| Land Value | $1,042,660 | $1,042,660 | +0.0% |
| Improvement Value | $12,617,617 | $12,942,045 | -2.5% |
| Taxable Value | $13,660,277 | $13,984,705 | -2.3% |
| Total Tax 2026 = estimate |
~$264,073
Estimated
|
~$270,344
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $13,660,277 | $1,042,660 | $12,617,617 | — | $13,660,277 | $13,660,277 | Not yet — post-cert | Preliminary |
| 2025 | $13,984,705 | $1,042,660 | $12,942,045 | — | $13,984,705 | $13,984,705 | ~$270,344 | Partial |
| 2024 | $14,631,013 | $1,042,660 | $13,588,353 | — | $14,631,013 | $14,631,013 | $274,747 | Verified |
| 2023 | $16,132,951 | $1,042,660 | $15,090,291 | — | $16,132,951 | $16,132,951 | $292,180 | Verified |
| 2022 | $18,626,212 | $1,042,660 | $17,583,552 | — | $18,626,212 | $18,626,212 | $362,816 | Verified |
| 2021 | $17,516,500 | $1,042,660 | $16,473,840 | — | $17,516,500 | $17,516,500 | $353,238 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2025 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2024 | -9.3% | -9.3% | ~100% | No billing data | Verified |
| 2023 | -13.4% | -13.4% | ~100% | No billing data | Verified |
| 2022 | +6.3% | +6.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.3% | -4.6% | -4.9% | +6.3% | 2022 | -13.4% | 2023 |
| 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 |
$270,344 | $310,665 | ~$220,897 | $362,816 | 2022 | $270,344 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,997,563 | ~$12,997,563 | ~1.9123% | ~$248,550 | -4.9% |
| 2028 | ~$12,367,000 | ~$12,367,000 | ~1.8914% | ~$233,911 | -9.5% |
| 2029 | ~$11,767,029 | ~$11,767,029 | ~1.8705% | ~$220,108 | -13.9% |
| 2030 | ~$11,196,164 | ~$11,196,164 | ~1.8497% | ~$207,094 | -18.0% |
| 2031 | ~$10,652,994 | ~$10,652,994 | ~1.8288% | ~$194,824 | -22.0% |
| 2027 | ~$12,977,263 | ~$12,977,263 | ~1.9331% | ~$250,869 | -5.0% |
| 2028 | ~$12,328,400 | ~$12,328,400 | ~1.9331% | ~$238,326 | -9.7% |
| 2029 | ~$11,711,980 | ~$11,711,980 | ~1.9331% | ~$226,409 | -14.3% |
| 2030 | ~$11,126,381 | ~$11,126,381 | ~1.9331% | ~$215,089 | -18.5% |
| 2031 | ~$10,570,062 | ~$10,570,062 | ~1.9331% | ~$204,334 | -22.6% |
| 2027 | ~$13,270,769 | ~$13,270,769 | ~1.9018% | ~$252,390 | -2.9% |
| 2028 | ~$12,892,367 | ~$12,892,367 | ~1.8705% | ~$241,158 | -5.6% |
| 2029 | ~$12,524,755 | ~$12,524,755 | ~1.8393% | ~$230,362 | -8.3% |
| 2030 | ~$12,167,625 | ~$12,167,625 | ~1.8080% | ~$219,985 | -10.9% |
| 2031 | ~$11,820,678 | ~$11,820,678 | ~1.7767% | ~$210,013 | -13.5% |
In 2025, this property's market value of $13,984,705 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 10× 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 | $13,984,705 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $14,631,013 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $16,132,951 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $18,626,212 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $17,516,500 | $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 | — |