5450 BEE CAVE RD 3 TX 78746
| Owner | ENCHANTED PROPERTIES LLC |
|---|---|
| Parcel ID | 0115210433 |
| Short ID | 804053 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 625 SF |
| Land SF | 3,638 SF |
| Acres | 0.084 |
| Year Built | 1980 |
| Legal | UNT 3 BLD A RED BUD OFFICE PARK PLUS 4.2372% INT IN COMMON AREA |
| Neighborhood | 23ENS03 |
| Land | $72,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $72,760 |
| Improvement | $170,792 |
|---|---|
| Total Improvement | $170,792 |
| Market | $243,552 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $243,552 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $243,552 |
| Taxable Value | $243,552 |
|---|
Appreciation: Market value has risen +58.3% from $153,864 (2021) to $243,552 (2025), a CAGR of 12.2% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $3,989. 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 30% of market value ($72,760 land vs $170,792 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $243,552, this parcel sits in the bottom quartile (<25th 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 +12.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $432,424 by 2030, with an estimated annual tax burden around $5,793. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 625 SF | ✓ |
| 591 | MASONRY TRIM SF | 295 SF | ✗ |
| 511 | DECK | 234 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 104 SF | ✗ |
| 611 | TERRACE | 64 SF | ✗ |
| 091 | HVAC COMMRCL TON | 2 SF | ✗ |
| 521 | FIREPLACE | 1 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% | $2,026.84 | $2,026.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $915.38 | $915.38 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $430.56 | $430.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $287.45 | $287.45 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $184.61 | $184.61 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $144.18 | $144.18 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $3,989.02 | $3,989.02 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $241,973 | $243,552 | -0.6% |
| Assessed Value | $241,973 | $243,552 | -0.6% |
| Land Value | $72,760 | $72,760 | +0.0% |
| Improvement Value | $169,213 | $170,792 | -0.9% |
| Taxable Value | $241,973 | $243,552 | -0.6% |
| Total Tax 2026 = estimate |
~$3,963
Estimated
|
~$3,989
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $241,973 | $241,973 | +0 (+0.0%) |
| Taxable Value | $241,973 | $241,973 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $241,973 | $72,760 | $169,213 | — | $241,973 | $241,973 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $243,552 | $72,760 | $170,792 | — | $243,552 | $243,552 | ~$3,989 | Partial |
| 2024 | $198,310 | — | — | −$125,550 | $72,760 | $— | $3,910 | Verified |
| 2023 | $171,703 | — | — | −$98,943 | $72,760 | $— | $3,190 | Verified |
| 2022 | $172,576 | — | — | −$99,816 | $72,760 | $— | $2,940 | Verified |
| 2021 | $153,864 | — | — | −$81,104 | $72,760 | $— | $3,049 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2025 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2024 | +19.6% | +19.6% | ~100% | 1.6500% | Verified |
| 2023 | +15.5% | +15.5% | ~100% | 1.6100% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +41.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.6% | +9.9% | +12.3% | +22.8% | 2025 | -0.6% | 2026 |
| Assessment Ratio | 100.0% | 61.4% | — | 100.0% | 2025 | 36.7% | 2024 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$3,989 | $3,416 | ~$5,022 | $3,989 | 2025 | $2,940 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$273,184 | ~$267,907 | ~1.6057% | ~$4,302 | +12.2% |
| 2027 | ~$306,421 | ~$294,698 | ~1.5735% | ~$4,637 | +25.8% |
| 2028 | ~$343,703 | ~$324,168 | ~1.5413% | ~$4,996 | +41.1% |
| 2029 | ~$385,520 | ~$356,584 | ~1.5091% | ~$5,381 | +58.3% |
| 2030 | ~$432,424 | ~$392,243 | ~1.4769% | ~$5,793 | +77.5% |
| 2026 | ~$268,313 | ~$267,907 | ~1.6379% | ~$4,388 | +10.2% |
| 2027 | ~$295,591 | ~$294,698 | ~1.6379% | ~$4,827 | +21.4% |
| 2028 | ~$325,643 | ~$324,168 | ~1.6379% | ~$5,309 | +33.7% |
| 2029 | ~$358,750 | ~$356,584 | ~1.6379% | ~$5,840 | +47.3% |
| 2030 | ~$395,223 | ~$392,243 | ~1.6379% | ~$6,424 | +62.3% |
| 2026 | ~$278,055 | ~$267,907 | ~1.5896% | ~$4,259 | +14.2% |
| 2027 | ~$317,446 | ~$294,698 | ~1.5413% | ~$4,542 | +30.3% |
| 2028 | ~$362,418 | ~$324,168 | ~1.4930% | ~$4,840 | +48.8% |
| 2029 | ~$413,760 | ~$356,584 | ~1.4448% | ~$5,152 | +69.9% |
| 2030 | ~$472,376 | ~$392,243 | ~1.3965% | ~$5,478 | +94.0% |
In 2025, this property's market value of $243,552 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -83% 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 | $243,552 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $198,310 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $171,703 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $172,576 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $153,864 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.