7004 F M RD 2244 TX
| Owner | LROC PROPERTIES WESTLAKE I LLC |
|---|---|
| Parcel ID | 0119250430 |
| Short ID | 813127 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 52,141 SF |
| Land SF | 214,751 SF |
| Acres | 4.930 |
| Year Built | 2000 |
| Legal | ABS 267 SUR 509 EANES A ABS 111 SUR 508 BEACHAM B ACR 4.93 |
| Neighborhood | 52SWE |
| Land | $2,577,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,577,010 |
| Improvement | $5,211,618 |
|---|---|
| Total Improvement | $5,211,618 |
| Market | $7,788,628 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,788,628 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,788,628 |
| Exemptions (−) | −$254,867 |
|---|---|
| Taxable Value | $7,533,761 |
Appreciation: Market value has fallen -31.1% from $11,310,631 (2021) to $7,788,628 (2025), a CAGR of -8.9% 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 5 taxing entities is 1.4611% in 2025 (-0.0092% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $110,073. Eanes ISD is the largest single contributor, at 57.0% 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 33% of market value ($2,577,010 land vs $5,211,618 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~26 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,788,628, 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 -8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,885,721 by 2030, with an estimated annual tax burden around $57,526. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 54,982 SF | ✗ |
| 1ST | 1st Floor | 26,141 SF | ✓ |
| 2ND | 2nd Floor | 26,000 SF | ✓ |
| 487 | PARKING UNDER | 11,959 SF | ✓ |
| 512C | DECK UNCOVRED COMM | 2,460 SF | ✗ |
| 501 | CANOPY | 2,280 SF | ✗ |
| 611 | TERRACE | 2,186 SF | ✗ |
| 581C | STORAGE ATT COMM | 399 SF | ✓ |
| BELOW | Below | 312 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 174 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $62,695.96 | $62,695.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $28,315.26 | $28,315.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,891.57 | $8,891.57 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $5,710.59 | $5,710.59 | Paid |
| W10 WCID # 10 | 0.0773% | 0.0675% | 0.0634% | 0.0614% | 0.0592% | -0.0022% | $4,459.99 | $4,459.99 | Paid |
| Combined Rate | 1.6880% | 1.5616% | 1.4302% | 1.4703% | 1.4611% | -0.0092% | $110,073.37 | $110,073.37 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,685,537 | $7,788,628 | -1.3% |
| Assessed Value | $7,685,537 | $7,788,628 | -1.3% |
| Land Value | $2,577,010 | $2,577,010 | +0.0% |
| Improvement Value | $5,108,527 | $5,211,618 | -2.0% |
| Taxable Value | $7,430,670 | $7,533,761 | -1.4% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$108,567
Estimated
|
~$110,073
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,685,537 | $7,685,537 | +0 (+0.0%) |
| Taxable Value | $7,430,670 | $7,430,670 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,685,537 | $2,577,010 | $5,108,527 | — | $7,685,537 | $7,430,670 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,788,628 | $2,577,010 | $5,211,618 | — | $7,788,628 | $7,533,761 | ~$110,073 | Partial |
| 2024 | $9,677,584 | — | — | −$7,100,574 | $2,577,010 | $— | $131,728 | Verified |
| 2023 | $11,888,360 | — | — | −$9,311,350 | $2,577,010 | $— | $136,733 | Verified |
| 2022 | $11,217,087 | — | — | −$8,640,077 | $2,577,010 | $— | $182,456 | Verified |
| 2021 | $11,310,631 | — | — | −$8,733,621 | $2,577,010 | $— | $189,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2025 | -15.5% | -15.5% | ~100% | Not available | Partial |
| 2024 | -4.8% | -4.8% | ~100% | 1.4300% | Verified |
| 2023 | -18.6% | -18.6% | ~100% | 1.4100% | Verified |
| 2022 | +6.0% | +6.0% | ~100% | 1.5300% | Verified |
| 2021 | base year | — | ~100% | 1.6700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.3% | -6.8% | -8.7% | +6.0% | 2023 | -19.5% | 2025 |
| Assessment Ratio | 100.0% | 49.0% | — | 100.0% | 2025 | 21.7% | 2023 |
| Effective Tax Rate (2025) | 1.4100% | 1.4100% | — | 1.4100% | 2025 | 1.4100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$110,073 | $150,067 | ~$77,292 | $189,342 | 2021 | $110,073 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,095,034 | ~$7,095,034 | ~1.4043% | ~$99,638 | -8.9% |
| 2027 | ~$6,463,206 | ~$6,463,206 | ~1.3476% | ~$87,099 | -17.0% |
| 2028 | ~$5,887,644 | ~$5,887,644 | ~1.2909% | ~$76,003 | -24.4% |
| 2029 | ~$5,363,337 | ~$5,363,337 | ~1.2342% | ~$66,192 | -31.1% |
| 2030 | ~$4,885,721 | ~$4,885,721 | ~1.1774% | ~$57,526 | -37.3% |
| 2026 | ~$7,399,197 | ~$7,399,197 | ~1.4611% | ~$108,107 | -5.0% |
| 2027 | ~$7,029,237 | ~$7,029,237 | ~1.4611% | ~$102,702 | -9.7% |
| 2028 | ~$6,677,775 | ~$6,677,775 | ~1.4611% | ~$97,567 | -14.3% |
| 2029 | ~$6,343,886 | ~$6,343,886 | ~1.4611% | ~$92,688 | -18.5% |
| 2030 | ~$6,026,692 | ~$6,026,692 | ~1.4611% | ~$88,054 | -22.6% |
| 2026 | ~$7,250,807 | ~$7,250,807 | ~1.3760% | ~$99,769 | -6.9% |
| 2027 | ~$6,750,123 | ~$6,750,123 | ~1.2909% | ~$87,136 | -13.3% |
| 2028 | ~$6,284,013 | ~$6,284,013 | ~1.2058% | ~$75,772 | -19.3% |
| 2029 | ~$5,850,089 | ~$5,850,089 | ~1.1207% | ~$65,562 | -24.9% |
| 2030 | ~$5,446,128 | ~$5,446,128 | ~1.0356% | ~$56,401 | -30.1% |
In 2025, this property's market value of $7,788,628 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,788,628 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,677,584 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $11,888,360 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,217,087 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,310,631 | $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.