5656 BEE CAVE RD TX 78746
| Owner | WESTLAKE MEDICAL OF AUSTIN LTD PHASE II |
|---|---|
| Parcel ID | 0115230701 |
| Short ID | 541176 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 72,219 SF |
| Land SF | 268,111 SF |
| Acres | 6.155 |
| Year Built | 2004 |
| Legal | LOT 1 BLK A WESTLAKE MEDICAL CENTER SUBD PHS II |
| Neighborhood | 55SWE |
| Land | $5,362,220 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,362,220 |
| Improvement | $18,501,352 |
|---|---|
| Total Improvement | $18,501,352 |
| Market | $23,863,572 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $23,863,572 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $23,863,572 |
| Exemptions (−) | −$286,815 |
|---|---|
| Taxable Value | $23,576,757 |
Appreciation: Market value has fallen -2.9% from $24,583,671 (2021) to $23,863,572 (2025), a CAGR of -0.7% 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 $386,152. 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 22% of market value ($5,362,220 land vs $18,501,352 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $23,863,572, 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 -0.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $22,993,037 by 2030, with an estimated annual tax burden around $339,594. 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 |
|---|---|---|---|
| SO | Sketch Only | 65,768 SF | ✗ |
| 1ST | 1st Floor | 38,764 SF | ✓ |
| 387 | PARKING GAR UNDR | 35,648 SF | ✓ |
| 2ND | 2nd Floor | 33,455 SF | ✓ |
| 187 | PARKING GARAGE | 18,560 SF | ✓ |
| 501 | CANOPY | 1,336 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 192 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% | $196,205.77 | $196,205.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $88,612.06 | $88,612.06 | Paid |
| CWH City of West Lake Hills | 0.0786% | 0.1504% | 0.1786% | 0.1786% | 0.1768% | -0.0018% | $41,679.70 | $41,679.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $27,826.00 | $27,826.00 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $17,871.18 | $17,871.18 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $13,957.44 | $13,957.44 | Paid |
| Combined Rate | 1.7666% | 1.7120% | 1.6088% | 1.6489% | 1.6379% | -0.0111% | $386,152.15 | $386,152.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $23,889,681 | $23,863,572 | +0.1% |
| Assessed Value | $23,889,681 | $23,863,572 | +0.1% |
| Land Value | $5,362,220 | $5,362,220 | +0.0% |
| Improvement Value | $18,527,461 | $18,501,352 | +0.1% |
| Taxable Value | $23,626,211 | $23,576,757 | +0.2% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$386,962
Estimated
|
~$386,152
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,889,681 | $23,889,681 | +0 (+0.0%) |
| Taxable Value | $23,626,211 | $23,626,211 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $23,889,681 | $5,362,220 | $18,527,461 | — | $23,889,681 | $23,626,211 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $23,863,572 | $5,362,220 | $18,501,352 | — | $23,863,572 | $23,576,757 | ~$386,152 | Partial |
| 2024 | $28,211,520 | — | — | −$22,849,300 | $5,362,220 | $— | $405,810 | Verified |
| 2023 | $28,737,602 | — | — | −$23,375,382 | $5,362,220 | $— | $448,082 | Verified |
| 2022 | $24,843,729 | — | — | −$19,481,509 | $5,362,220 | $— | $491,994 | Verified |
| 2021 | $24,583,671 | — | — | −$19,221,451 | $5,362,220 | $— | $438,884 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | -11.7% | -11.7% | ~100% | 1.6300% | Verified |
| 2023 | -1.8% | -1.8% | ~100% | 1.5900% | 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): -3.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | -0.1% | -0.8% | +15.7% | 2023 | -15.4% | 2025 |
| Assessment Ratio | 100.0% | 46.9% | — | 100.0% | 2025 | 18.7% | 2023 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$386,152 | $434,184 | ~$359,832 | $491,994 | 2022 | $386,152 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$23,686,867 | ~$23,686,867 | ~1.6057% | ~$380,333 | -0.7% |
| 2027 | ~$23,511,471 | ~$23,511,471 | ~1.5735% | ~$369,950 | -1.5% |
| 2028 | ~$23,337,374 | ~$23,337,374 | ~1.5413% | ~$359,700 | -2.2% |
| 2029 | ~$23,164,566 | ~$23,164,566 | ~1.5091% | ~$349,582 | -2.9% |
| 2030 | ~$22,993,037 | ~$22,993,037 | ~1.4769% | ~$339,594 | -3.6% |
| 2026 | ~$23,209,596 | ~$23,209,596 | ~1.6379% | ~$380,139 | -2.7% |
| 2027 | ~$22,573,542 | ~$22,573,542 | ~1.6379% | ~$369,721 | -5.4% |
| 2028 | ~$21,954,919 | ~$21,954,919 | ~1.6379% | ~$359,589 | -8.0% |
| 2029 | ~$21,353,249 | ~$21,353,249 | ~1.6379% | ~$349,734 | -10.5% |
| 2030 | ~$20,768,068 | ~$20,768,068 | ~1.6379% | ~$340,150 | -13.0% |
| 2026 | ~$24,164,139 | ~$24,164,139 | ~1.5896% | ~$384,108 | +1.3% |
| 2027 | ~$24,468,492 | ~$24,468,492 | ~1.5413% | ~$377,134 | +2.5% |
| 2028 | ~$24,776,678 | ~$24,776,678 | ~1.4930% | ~$369,924 | +3.8% |
| 2029 | ~$25,088,745 | ~$25,088,745 | ~1.4448% | ~$362,472 | +5.1% |
| 2030 | ~$25,404,743 | ~$25,404,743 | ~1.3965% | ~$354,774 | +6.5% |
In 2025, this property's market value of $23,863,572 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 17× 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 | $23,863,572 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $28,211,520 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $28,737,602 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $24,843,729 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $24,583,671 | $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.