5000 BEE CAVE RD TX 78746
| Owner | THOMAJAN SQUARED LP |
|---|---|
| Parcel ID | 0115210501 |
| Short ID | 115224 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 16,522 SF |
| Land SF | 104,108 SF |
| Acres | 2.390 |
| Year Built | 1985 |
| Legal | LOT 10 BLUFF ABOVE BEE CAVE THE |
| Neighborhood | 52SWE |
| Land | $2,082,168 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,082,168 |
| Improvement | $353,752 |
|---|---|
| Total Improvement | $353,752 |
| Market | $2,435,920 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,435,920 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,435,920 |
| Taxable Value | $2,435,920 |
|---|
Appreciation: Market value has fallen -28.9% from $3,425,752 (2021) to $2,435,920 (2025), a CAGR of -8.2% 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 +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 $39,897. 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 85% of market value ($2,082,168 land vs $353,752 improvements), about $20/SF of land. With value concentrated in the land under a ~41-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,435,920, this parcel sits in the upper-middle (50th–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 -8.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,590,548 by 2030, with an estimated annual tax burden around $23,491. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 16,522 SF | ✓ |
| 551 | PAVED AREA | 16,000 SF | ✗ |
| 511 | DECK | 1,859 SF | ✗ |
| 513C | DECK COVERD COMM | 1,200 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% | $20,271.73 | $20,271.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,155.28 | $9,155.28 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $4,306.29 | $4,306.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,874.95 | $2,874.95 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $1,846.43 | $1,846.43 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $1,442.06 | $1,442.06 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $39,896.74 | $39,896.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,444,510 | $2,435,920 | +0.4% |
| Assessed Value | $2,444,510 | $2,435,920 | +0.4% |
| Land Value | $2,082,168 | $2,082,168 | +0.0% |
| Improvement Value | $362,342 | $353,752 | +2.4% |
| Taxable Value | $2,444,510 | $2,435,920 | +0.4% |
| Total Tax 2026 = estimate |
~$40,037
Estimated
|
~$39,897
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,444,510 | $2,444,510 | +0 (+0.0%) |
| Taxable Value | $2,444,510 | $2,444,510 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,444,510 | $2,082,168 | $362,342 | — | $2,444,510 | $2,444,510 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,435,920 | $2,082,168 | $353,752 | — | $2,435,920 | $2,435,920 | ~$39,897 | Partial |
| 2024 | $2,945,655 | — | — | −$863,487 | $2,082,168 | $— | $43,872 | Verified |
| 2023 | $3,563,695 | — | — | −$1,481,527 | $2,082,168 | $— | $47,391 | Verified |
| 2022 | $3,390,867 | — | — | −$1,308,699 | $2,082,168 | $— | $61,011 | Verified |
| 2021 | $3,425,752 | — | — | −$1,343,584 | $2,082,168 | $— | $59,902 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -8.4% | -8.4% | ~100% | Not available | Partial |
| 2024 | -9.7% | -9.7% | ~100% | 1.6500% | Verified |
| 2023 | -17.3% | -17.3% | ~100% | 1.6100% | Verified |
| 2022 | +5.1% | +5.1% | ~100% | 1.7100% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -6.0% | -8.2% | +5.1% | 2023 | -17.3% | 2025 |
| Assessment Ratio | 100.0% | 75.2% | — | 100.0% | 2025 | 58.4% | 2023 |
| 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 |
$39,897 | $50,415 | ~$29,388 | $61,011 | 2022 | $39,897 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,236,865 | ~$2,236,865 | ~1.6057% | ~$35,917 | -8.2% |
| 2027 | ~$2,054,076 | ~$2,054,076 | ~1.5735% | ~$32,321 | -15.7% |
| 2028 | ~$1,886,224 | ~$1,886,224 | ~1.5413% | ~$29,072 | -22.6% |
| 2029 | ~$1,732,089 | ~$1,732,089 | ~1.5091% | ~$26,139 | -28.9% |
| 2030 | ~$1,590,548 | ~$1,590,548 | ~1.4769% | ~$23,491 | -34.7% |
| 2026 | ~$2,314,124 | ~$2,314,124 | ~1.6379% | ~$37,902 | -5.0% |
| 2027 | ~$2,198,418 | ~$2,198,418 | ~1.6379% | ~$36,007 | -9.7% |
| 2028 | ~$2,088,497 | ~$2,088,497 | ~1.6379% | ~$34,206 | -14.3% |
| 2029 | ~$1,984,072 | ~$1,984,072 | ~1.6379% | ~$32,496 | -18.5% |
| 2030 | ~$1,884,868 | ~$1,884,868 | ~1.6379% | ~$30,871 | -22.6% |
| 2026 | ~$2,285,584 | ~$2,285,584 | ~1.5896% | ~$36,331 | -6.2% |
| 2027 | ~$2,144,525 | ~$2,144,525 | ~1.5413% | ~$33,054 | -12.0% |
| 2028 | ~$2,012,173 | ~$2,012,173 | ~1.4930% | ~$30,042 | -17.4% |
| 2029 | ~$1,887,988 | ~$1,887,988 | ~1.4448% | ~$27,277 | -22.5% |
| 2030 | ~$1,771,468 | ~$1,771,468 | ~1.3965% | ~$24,738 | -27.3% |
In 2025, this property's market value of $2,435,920 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +72% above 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 | $2,435,920 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,945,655 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,563,695 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,390,867 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,425,752 | $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.