5656 BEE CAVE RD B TX 78746
| Owner | WESTLAKE MEDICAL OF AUSTIN LTD |
|---|---|
| Parcel ID | 0115210311 |
| Short ID | 374732 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 62,731 SF |
| Land SF | 306,923 SF |
| Acres | 7.046 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A WESTLAKE MEDICAL CENTER SUBD |
| Neighborhood | 55SWE |
| Land | $6,138,460 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,138,460 |
| Improvement | $9,426,522 |
|---|---|
| Total Improvement | $9,426,522 |
| Market | $15,564,982 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,564,982 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,564,982 |
| Exemptions (−) | −$297,245 |
|---|---|
| Taxable Value | $15,267,737 |
Appreciation: Market value has fallen -27.5% from $21,455,457 (2021) to $15,564,982 (2025), a CAGR of -7.7% 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 +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 $250,063. 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 39% of market value ($6,138,460 land vs $9,426,522 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 $15,564,982, this parcel sits in the top quartile (≥75th 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 -7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,421,067 by 2030, with an estimated annual tax burden around $153,913. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 90,787 SF | ✗ |
| 551 | PAVED AREA | 74,480 SF | ✗ |
| 1ST | 1st Floor | 35,431 SF | ✓ |
| 2ND | 2nd Floor | 27,300 SF | ✓ |
| 487 | PARKING UNDER | 14,518 SF | ✓ |
| 503 | CANOPY - BANK | 6,094 SF | ✗ |
| 501 | CANOPY | 4,694 SF | ✗ |
| 327 | STORAGE COMM'L | 536 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 200 SF | ✓ |
| 413 | STAIRWAY EXT | 4 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 2 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $127,058.11 | $127,058.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $57,383.03 | $57,383.03 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $26,990.76 | $26,990.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,019.44 | $18,019.44 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $11,572.94 | $11,572.94 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $9,038.50 | $9,038.50 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $250,062.78 | $250,062.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,791,817 | $15,564,982 | +14.3% |
| Assessed Value | $17,791,817 | $15,564,982 | +14.3% |
| Land Value | $6,138,460 | $6,138,460 | +0.0% |
| Improvement Value | $11,653,357 | $9,426,522 | +23.6% |
| Taxable Value | $17,518,766 | $15,267,737 | +14.7% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$286,931
Estimated
|
~$250,063
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,849,759 | $17,791,817 | -3,057,942 (-14.7%) |
| Taxable Value | $20,576,708 | $17,518,766 | -3,057,942 (-14.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $17,791,817 | $6,138,460 | $11,653,357 | — | $17,791,817 | $17,518,766 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,564,982 | $6,138,460 | $9,426,522 | — | $15,564,982 | $15,267,737 | ~$250,063 | Partial |
| 2024 | $24,621,644 | — | — | −$18,483,184 | $6,138,460 | $— | $354,370 | Verified |
| 2023 | $25,080,816 | — | — | −$18,942,356 | $6,138,460 | $— | $389,899 | Verified |
| 2022 | $21,682,414 | — | — | −$15,543,954 | $6,138,460 | $— | $429,389 | Verified |
| 2021 | $21,455,457 | — | — | −$15,316,997 | $6,138,460 | $— | $383,037 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +34.0% | +34.0% | ~100% | Not available | Partial |
| 2025 | -28.6% | -28.6% | ~100% | Not available | Partial |
| 2024 | -11.4% | -11.4% | ~100% | 1.6200% | Verified |
| 2023 | -1.8% | -1.8% | ~100% | 1.5800% | Verified |
| 2022 | +15.7% | +15.7% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.7900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.3% | -1.5% | -10.0% | +15.7% | 2023 | -36.8% | 2025 |
| Assessment Ratio | 100.0% | 51.1% | — | 100.0% | 2025 | 24.5% | 2023 |
| Effective Tax Rate (2025) | 1.6100% | 1.6100% | — | 1.6100% | 2025 | 1.6100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$250,063 | $361,352 | ~$190,430 | $429,389 | 2022 | $250,063 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,364,858 | ~$14,364,858 | ~1.6057% | ~$230,652 | -7.7% |
| 2027 | ~$13,257,268 | ~$13,257,268 | ~1.5735% | ~$208,601 | -14.8% |
| 2028 | ~$12,235,079 | ~$12,235,079 | ~1.5413% | ~$188,580 | -21.4% |
| 2029 | ~$11,291,704 | ~$11,291,704 | ~1.5091% | ~$170,406 | -27.5% |
| 2030 | ~$10,421,067 | ~$10,421,067 | ~1.4769% | ~$153,913 | -33.0% |
| 2026 | ~$14,786,733 | ~$14,786,733 | ~1.6379% | ~$242,185 | -5.0% |
| 2027 | ~$14,047,396 | ~$14,047,396 | ~1.6379% | ~$230,075 | -9.8% |
| 2028 | ~$13,345,026 | ~$13,345,026 | ~1.6379% | ~$218,572 | -14.3% |
| 2029 | ~$12,677,775 | ~$12,677,775 | ~1.6379% | ~$207,643 | -18.5% |
| 2030 | ~$12,043,886 | ~$12,043,886 | ~1.6379% | ~$197,261 | -22.6% |
| 2026 | ~$14,676,158 | ~$14,676,158 | ~1.5896% | ~$233,289 | -5.7% |
| 2027 | ~$13,838,089 | ~$13,838,089 | ~1.5413% | ~$213,287 | -11.1% |
| 2028 | ~$13,047,877 | ~$13,047,877 | ~1.4930% | ~$194,809 | -16.2% |
| 2029 | ~$12,302,790 | ~$12,302,790 | ~1.4448% | ~$177,746 | -21.0% |
| 2030 | ~$11,600,250 | ~$11,600,250 | ~1.3965% | ~$161,996 | -25.5% |
In 2025, this property's market value of $15,564,982 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,564,982 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $24,621,644 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $25,080,816 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $21,682,414 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $21,455,457 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.