3944 S F M RD 620 G-3 TX
| Owner | HAMLIN RE PABC LLC |
|---|---|
| Parcel ID | 0121630311 |
| Short ID | 933383 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,139 SF |
| Land SF | 39,032 SF |
| Acres | 0.896 |
| Year Built | 2017 |
| Legal | UNT G-3 PARK AT BEE CAVE CONDOMINIUMS THE PLUS 5.43 % INT IN COM AREA |
| Neighborhood | 43SWE |
| Land | $585,479 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $585,479 |
| Improvement | $3,645,550 |
|---|---|
| Total Improvement | $3,645,550 |
| Market | $4,231,029 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,231,029 |
| Value Limitation Adjustment (−) (homestead cap) | −$237,429 |
| Net Appraised (assessed) | $3,993,600 |
| Taxable Value | $3,993,600 |
|---|
Appreciation: Market value has risen +604.1% from $600,916 (2021) to $4,231,029 (2025), a CAGR of 62.9% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $65,653. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,993,600) is $237,429 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 14% of market value ($585,479 land vs $3,645,550 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,231,029, 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 +49.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $33,067,687 by 2031, with an estimated annual tax burden around $471,157. 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 | 8,139 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% | $41,521.46 | $41,521.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,009.75 | $15,009.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,713.37 | $4,713.37 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,610.17 | $3,610.17 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $798.72 | $798.72 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $65,653.47 | $65,653.47 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $41,521.46 | 63.2% |
| TCO Travis County | 0.3758% | $15,009.75 | 22.9% |
| THD Travis Central Health | 0.1180% | $4,713.37 | 7.2% |
| E06 Travis County ESD # 06 | 0.0904% | $3,610.17 | 5.5% |
| VBC City of Bee Cave | 0.0200% | $798.72 | 1.2% |
| Total | 1.6440% | $65,653.47 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,457,679 | $4,231,029 | +5.4% |
| Assessed Value | $4,457,679 | $3,993,600 | +11.6% |
| Land Value | $585,479 | $585,479 | +0.0% |
| Improvement Value | $3,872,200 | $3,645,550 | +6.2% |
| Taxable Value | $4,457,679 | $3,993,600 | +11.6% |
| Total Tax 2026 = estimate |
~$73,283
Estimated
|
~$65,653
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,457,679 | $585,479 | $3,872,200 | — | $4,457,679 | $4,457,679 | Not yet — post-cert | Preliminary |
| 2025 | $4,231,029 | $585,479 | $3,645,550 | −$237,429 | $3,993,600 | $3,993,600 | ~$65,653 | Partial |
| 2024 | $4,168,097 | $585,479 | $3,582,618 | — | $4,168,097 | $4,168,097 | $54,100 | Verified |
| 2023 | $3,816,111 | $593,455 | $3,222,656 | — | $3,816,111 | $3,816,111 | $60,392 | Verified |
| 2022 | $1,408,173 | $596,058 | $812,115 | — | $1,408,173 | $1,408,173 | $24,442 | Verified |
| 2021 | $600,916 | $596,058 | $4,858 | — | $600,916 | $600,916 | $10,932 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.4% | +11.6% | ~100% | Not available | Partial |
| 2025 | +1.5% | -4.2% | 94.4% | Not available | Partial |
| 2024 | +9.2% | +9.2% | ~100% | No billing data | Verified |
| 2023 | +171.0% ! | +171.0% | ~100% | No billing data | Verified |
| 2022 | +134.3% ! | +134.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +604.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.4% | +64.3% | +49.3% | +171.0% | 2023 | +1.5% | 2025 |
| Assessment Ratio | 100.0% | 99.1% | — | 100.0% | 2021 | 94.4% | 2025 |
| Effective Tax Rate (2025) | 1.5500% | 1.5500% | — | 1.5500% | 2025 | 1.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$65,653 | $43,104 | ~$256,390 | $65,653 | 2025 | $10,932 | 2021 |
Market value changed by 134% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,655,302 | ~$6,655,302 | ~1.6001% | ~$106,494 | +49.3% |
| 2028 | ~$9,936,348 | ~$9,936,348 | ~1.5563% | ~$154,640 | +122.9% |
| 2029 | ~$14,834,940 | ~$14,834,940 | ~1.5125% | ~$224,376 | +232.8% |
| 2030 | ~$22,148,525 | ~$22,148,525 | ~1.4687% | ~$325,285 | +396.9% |
| 2031 | ~$33,067,687 | ~$33,067,687 | ~1.4248% | ~$471,157 | +641.8% |
| 2027 | ~$6,566,149 | ~$6,566,149 | ~1.6440% | ~$107,945 | +47.3% |
| 2028 | ~$9,671,919 | ~$9,671,919 | ~1.6440% | ~$159,003 | +117.0% |
| 2029 | ~$14,246,710 | ~$14,246,710 | ~1.6440% | ~$234,211 | +219.6% |
| 2030 | ~$20,985,365 | ~$20,985,365 | ~1.6440% | ~$344,992 | +370.8% |
| 2031 | ~$30,911,384 | ~$30,911,384 | ~1.6440% | ~$508,173 | +593.4% |
| 2027 | ~$6,744,456 | ~$6,744,456 | ~1.5782% | ~$106,443 | +51.3% |
| 2028 | ~$10,204,343 | ~$10,204,343 | ~1.5125% | ~$154,339 | +128.9% |
| 2029 | ~$15,439,143 | ~$15,439,143 | ~1.4467% | ~$223,364 | +246.3% |
| 2030 | ~$23,359,381 | ~$23,359,381 | ~1.3810% | ~$322,593 | +424.0% |
| 2031 | ~$35,342,679 | ~$35,342,679 | ~1.3153% | ~$464,847 | +692.8% |
In 2025, this property's market value of $4,231,029 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 3× 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 | $4,231,029 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,168,097 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $3,816,111 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $1,408,173 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $600,916 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below 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 | — |