8701 F M RD 2244 1 TX
| Owner | SEVEN OAKS RE LP |
|---|---|
| Parcel ID | 0123340502 |
| Short ID | 873192 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 87,400 SF |
| Land SF | 592,590 SF |
| Acres | 13.604 |
| Year Built | 2020 |
| Legal | UNT UNIT 1 SEVEN OAKS COMMERCIAL LAND CONDOMINIUM PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 51SWE |
| Land | $2,133,325 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,133,325 |
| Improvement | $41,897,336 |
|---|---|
| Total Improvement | $41,897,336 |
| Market | $44,030,661 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $44,030,661 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $44,030,661 |
| Taxable Value | $44,030,661 |
|---|
Appreciation: Market value has fallen -32.0% from $64,759,000 (2021) to $44,030,661 (2025), a CAGR of -9.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 4 taxing entities is 1.4019% in 2025 (-0.0070% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $617,252. Eanes ISD is the largest single contributor, at 59.4% 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 5% of market value ($2,133,325 land vs $41,897,336 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $44,030,661, 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 -3.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $44,707,090 by 2031, with an estimated annual tax burden around $510,043. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 152,460 SF | ✓ |
| 3RD | 3rd Floor | 33,167 SF | ✓ |
| 4TH | 4th Floor | 33,006 SF | ✓ |
| 5TH | 5th Floor | 32,998 SF | ✓ |
| 2ND | 2nd Floor | 30,757 SF | ✓ |
| 1ST | 1st Floor | 23,476 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $342,616.74 | $342,616.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $154,735.39 | $154,735.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,590.07 | $48,590.07 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $31,206.86 | $31,206.86 | Paid |
| Combined Rate | 1.6107% | 1.4941% | 1.3668% | 1.4089% | 1.4019% | -0.0070% | $577,149.06 | $577,149.06 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IEA Eanes ISD | 0.8322% | $342,616.74 | 59.4% |
| TCO Travis County | 0.3758% | $154,735.39 | 26.8% |
| THD Travis Central Health | 0.1180% | $48,590.07 | 8.4% |
| E09 Travis County ESD # 09 | 0.0758% | $31,206.86 | 5.4% |
| Total | 1.4019% | $577,149.06 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $53,806,937 | $44,030,661 | +22.2% |
| Assessed Value | $53,806,937 | $44,030,661 | +22.2% |
| Land Value | $2,133,325 | $2,133,325 | +0.0% |
| Improvement Value | $51,673,612 | $41,897,336 | +23.3% |
| Taxable Value | $53,806,937 | $44,030,661 | +22.2% |
| Total Tax 2026 = estimate |
~$754,302
Estimated
|
~$577,149
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $53,806,937 | $2,133,325 | $51,673,612 | — | $53,806,937 | $53,806,937 | Not yet — post-cert | Preliminary |
| 2025 | $44,030,661 | $2,133,325 | $41,897,336 | — | $44,030,661 | $44,030,661 | ~$577,149 | Partial |
| 2024 | $41,200,000 | $2,133,325 | $39,066,675 | — | $41,200,000 | $41,200,000 | $528,343 | Verified |
| 2023 | $57,380,705 | $2,133,325 | $55,247,380 | — | $57,380,705 | $57,380,705 | $697,092 | Verified |
| 2022 | $70,607,456 | $2,133,325 | $68,474,131 | — | $70,607,456 | $70,607,456 | $1,054,962 | Verified |
| 2021 | $64,759,000 | $2,133,325 | $62,625,675 | — | $64,759,000 | $64,759,000 | $1,043,060 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.2% | +22.2% | ~100% | Not available | Partial |
| 2025 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2024 | -28.2% | -28.2% | ~100% | No billing data | Verified |
| 2023 | -18.7% | -18.7% | ~100% | No billing data | Verified |
| 2022 | +9.0% | +9.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +22.2% | -1.8% | -3.6% | +22.2% | 2026 | -28.2% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.3100% | 1.3100% | — | 1.3100% | 2025 | 1.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$577,149 | $780,121 | ~$602,232 | $1,054,962 | 2022 | $528,343 | 2024 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$51,849,658 | ~$51,849,658 | ~1.3497% | ~$699,797 | -3.6% |
| 2028 | ~$49,963,577 | ~$49,963,577 | ~1.2975% | ~$648,259 | -7.1% |
| 2029 | ~$48,146,104 | ~$48,146,104 | ~1.2453% | ~$599,544 | -10.5% |
| 2030 | ~$46,394,744 | ~$46,394,744 | ~1.1931% | ~$553,516 | -13.8% |
| 2031 | ~$44,707,090 | ~$44,707,090 | ~1.1409% | ~$510,043 | -16.9% |
| 2027 | ~$51,116,590 | ~$51,116,590 | ~1.4019% | ~$716,587 | -5.0% |
| 2028 | ~$48,560,761 | ~$48,560,761 | ~1.4019% | ~$680,758 | -9.7% |
| 2029 | ~$46,132,723 | ~$46,132,723 | ~1.4019% | ~$646,720 | -14.3% |
| 2030 | ~$43,826,086 | ~$43,826,086 | ~1.4019% | ~$614,384 | -18.5% |
| 2031 | ~$41,634,782 | ~$41,634,782 | ~1.4019% | ~$583,665 | -22.6% |
| 2027 | ~$52,925,797 | ~$52,925,797 | ~1.3236% | ~$700,507 | -1.6% |
| 2028 | ~$52,059,086 | ~$52,059,086 | ~1.2453% | ~$648,271 | -3.2% |
| 2029 | ~$51,206,569 | ~$51,206,569 | ~1.1670% | ~$597,558 | -4.8% |
| 2030 | ~$50,368,012 | ~$50,368,012 | ~1.0887% | ~$548,332 | -6.4% |
| 2031 | ~$49,543,188 | ~$49,543,188 | ~1.0103% | ~$500,558 | -7.9% |
In 2025, this property's market value of $44,030,661 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 32× 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 | $44,030,661 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $41,200,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $57,380,705 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $70,607,456 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $64,759,000 | $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 | — |