4407 BEE CAVE RD 5-511 TX 78746
| Owner | PENN CP II LLC |
|---|---|
| Parcel ID | 0113190808 |
| Short ID | 541049 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,802 SF |
| Land SF | 12,423 SF |
| Acres | 0.285 |
| Year Built | 2001 |
| Legal | UNT 511 BLD 5 PARK AT EANES CREEK AMENDED THE PLUS 3.02% INTEREST IN COMMON AREA |
| Neighborhood | 26ENS06 |
| Land | $248,460 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $248,460 |
| Improvement | $990,127 |
|---|---|
| Total Improvement | $990,127 |
| Market | $1,238,587 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,238,587 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,238,587 |
| Taxable Value | $1,238,587 |
|---|
| Total Due | $3,206.05 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +1.4% from $1,221,600 (2021) to $1,238,587 (2025), a CAGR of 0.3% 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 +24.1%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 6 taxing entities is 1.6379% in 2025 (-0.0111% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $20,286. Eanes ISD is the largest single contributor, at 50.8% 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 20% of market value ($248,460 land vs $990,127 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,238,587, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,260,153 by 2030, with an estimated annual tax burden around $18,612. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $3,206.05 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,802 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| Eanes ISD | 0.8855% | 0.8322% | -660 |
| Travis County | 0.3444% | 0.3758% | +389 |
| Travis Central Health | 0.1080% | 0.1180% | +125 |
| Travis County ESD # 09 | 0.0710% | 0.0758% | +59 |
| WCID # 10 | 0.0614% | 0.0592% | -27 |
| City of West Lake Hills | 0.1786% | 0.1768% | -23 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $10,307.52 | $8,890.99 | $1,416.53 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,655.17 | $4,015.42 | $639.75 |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $2,189.61 | $1,888.70 | $300.91 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,461.82 | $1,260.93 | $200.89 |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $938.85 | $809.83 | $129.02 |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $733.24 | $632.47 | $100.77 |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $20,286.21 | $17,498.34 | $2,787.87 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,183,797 | $1,238,587 | -4.4% |
| Assessed Value | $1,183,797 | $1,238,587 | -4.4% |
| Land Value | $248,460 | $248,460 | +0.0% |
| Improvement Value | $935,337 | $990,127 | -5.5% |
| Taxable Value | $1,183,797 | $1,238,587 | -4.4% |
| Total Tax 2026 = estimate |
~$19,389
Estimated
|
$20,286 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,259,358 | $1,183,797 | -75,561 (-6.0%) |
| Taxable Value | $1,259,358 | $1,183,797 | -75,561 (-6.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,183,797 | $248,460 | $935,337 | — | $1,183,797 | $1,183,797 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,238,587 | $248,460 | $990,127 | — | $1,238,587 | $1,238,587 | $20,286 | Verified |
| 2024 | $1,337,325 | — | — | −$1,088,865 | $248,460 | $— | $19,476 | Verified |
| 2023 | $1,227,266 | — | — | −$978,806 | $248,460 | $— | $21,516 | Verified |
| 2022 | $1,219,506 | — | — | −$971,046 | $248,460 | $— | $21,011 | Verified |
| 2021 | $1,221,600 | — | — | −$973,140 | $248,460 | $— | $21,544 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2025 | +4.9% | +4.9% | ~100% | 1.6400% | Verified |
| 2024 | -11.7% | -11.7% | ~100% | 1.6500% | Verified |
| 2023 | +9.0% | +9.0% | ~100% | 1.6100% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.7600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.4% | -0.5% | +1.3% | +9.0% | 2024 | -7.4% | 2025 |
| Assessment Ratio | 100.0% | 46.6% | — | 100.0% | 2025 | 18.6% | 2024 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
| Tax Amount | $20,286 | $20,767 | ~$19,287 | $21,544 | 2021 | $19,476 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,242,871 | ~$1,242,871 | ~1.6057% | ~$19,956 | +0.3% |
| 2027 | ~$1,247,169 | ~$1,247,169 | ~1.5735% | ~$19,624 | +0.7% |
| 2028 | ~$1,251,482 | ~$1,251,482 | ~1.5413% | ~$19,289 | +1.0% |
| 2029 | ~$1,255,810 | ~$1,255,810 | ~1.5091% | ~$18,952 | +1.4% |
| 2030 | ~$1,260,153 | ~$1,260,153 | ~1.4769% | ~$18,612 | +1.7% |
| 2026 | ~$1,218,099 | ~$1,218,099 | ~1.6379% | ~$19,951 | -1.7% |
| 2027 | ~$1,197,949 | ~$1,197,949 | ~1.6379% | ~$19,621 | -3.3% |
| 2028 | ~$1,178,133 | ~$1,178,133 | ~1.6379% | ~$19,296 | -4.9% |
| 2029 | ~$1,158,645 | ~$1,158,645 | ~1.6379% | ~$18,977 | -6.5% |
| 2030 | ~$1,139,479 | ~$1,139,479 | ~1.6379% | ~$18,663 | -8.0% |
| 2026 | ~$1,267,642 | ~$1,267,642 | ~1.5896% | ~$20,150 | +2.3% |
| 2027 | ~$1,297,379 | ~$1,297,379 | ~1.5413% | ~$19,997 | +4.7% |
| 2028 | ~$1,327,814 | ~$1,327,814 | ~1.4930% | ~$19,825 | +7.2% |
| 2029 | ~$1,358,962 | ~$1,358,962 | ~1.4448% | ~$19,634 | +9.7% |
| 2030 | ~$1,390,841 | ~$1,390,841 | ~1.3965% | ~$19,423 | +12.3% |
In 2025, this property's market value of $1,238,587 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% below the county median of $1,417,484. 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 | $1,238,587 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,337,325 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,227,266 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,219,506 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,221,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
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.