12117 BEE CAVE RD 1 TX 78738
| Owner | ALTRUA MINISTRIES |
|---|---|
| Parcel ID | 0119580322 |
| Short ID | 754187 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,936 SF |
| Land SF | 23,665 SF |
| Acres | 0.543 |
| Year Built | 2007 |
| Legal | LOT 2 UPLANDS PHS 1 THE RESUB OF LOT 1A BLK G OF RESUB OF LOT 1 |
| Neighborhood | 53SWE |
| Land | $473,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $473,300 |
| Improvement | $2,423,240 |
|---|---|
| Total Improvement | $2,423,240 |
| Market | $2,896,540 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,896,540 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,896,540 |
| Taxable Value | $2,896,540 |
|---|
Appreciation: Market value has risen +23.1% from $2,352,225 (2021) to $2,896,540 (2025), a CAGR of 5.3% over 4 years. This represents moderate, steady growth. 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 lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $47,618. Lake Travis ISD is the largest single contributor, at 63.2% 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 16% of market value ($473,300 land vs $2,423,240 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~19 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,896,540, 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 +5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,757,339 by 2030, with an estimated annual tax burden around $53,536. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,450 SF | ✗ |
| 1ST | 1st Floor | 3,968 SF | ✓ |
| 2ND | 2nd Floor | 3,968 SF | ✓ |
| 501 | CANOPY | 221 SF | ✗ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $30,115.33 | $30,115.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,886.50 | $10,886.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,418.58 | $3,418.58 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,618.44 | $2,618.44 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $579.31 | $579.31 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $47,618.16 | $47,618.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,497,000 | $2,896,540 | -13.8% |
| Assessed Value | $2,497,000 | $2,896,540 | -13.8% |
| Land Value | $473,300 | $473,300 | +0.0% |
| Improvement Value | $2,023,700 | $2,423,240 | -16.5% |
| Taxable Value | $2,497,000 | $2,896,540 | -13.8% |
| Total Tax 2026 = estimate |
~$41,050
Estimated
|
~$47,618
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,497,000 | $2,497,000 | +0 (+0.0%) |
| Taxable Value | $2,497,000 | $2,497,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,497,000 | $473,300 | $2,023,700 | — | $2,497,000 | $2,497,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,896,540 | $473,300 | $2,423,240 | — | $2,896,540 | $2,896,540 | ~$47,618 | Partial |
| 2024 | $2,497,818 | — | — | −$2,024,518 | $473,300 | $— | $42,520 | Verified |
| 2023 | $2,379,088 | — | — | −$1,905,788 | $473,300 | $— | $39,529 | Verified |
| 2022 | $2,268,912 | — | — | −$1,795,612 | $473,300 | $— | $41,294 | Verified |
| 2021 | $2,352,225 | — | — | −$1,878,925 | $473,300 | $— | $41,278 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -13.8% | -13.8% | ~100% | Not available | Partial |
| 2025 | +10.7% | +10.7% | ~100% | Not available | Partial |
| 2024 | +4.7% | +4.7% | ~100% | 1.6300% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.5800% | Verified |
| 2022 | +4.9% | +4.9% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +27.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.8% | +1.7% | +8.7% | +16.0% | 2025 | -13.8% | 2026 |
| Assessment Ratio | 100.0% | 46.6% | — | 100.0% | 2025 | 18.9% | 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 |
$47,618 | $42,448 | ~$51,196 | $47,618 | 2025 | $39,529 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,051,263 | ~$3,051,263 | ~1.6001% | ~$48,824 | +5.3% |
| 2027 | ~$3,214,252 | ~$3,214,252 | ~1.5563% | ~$50,024 | +11.0% |
| 2028 | ~$3,385,946 | ~$3,385,946 | ~1.5125% | ~$51,212 | +16.9% |
| 2029 | ~$3,566,812 | ~$3,566,812 | ~1.4687% | ~$52,384 | +23.1% |
| 2030 | ~$3,757,339 | ~$3,757,339 | ~1.4248% | ~$53,536 | +29.7% |
| 2026 | ~$2,993,333 | ~$2,993,333 | ~1.6440% | ~$49,209 | +3.3% |
| 2027 | ~$3,093,360 | ~$3,093,360 | ~1.6440% | ~$50,854 | +6.8% |
| 2028 | ~$3,196,729 | ~$3,196,729 | ~1.6440% | ~$52,553 | +10.4% |
| 2029 | ~$3,303,553 | ~$3,303,553 | ~1.6440% | ~$54,309 | +14.1% |
| 2030 | ~$3,413,947 | ~$3,413,947 | ~1.6440% | ~$56,124 | +17.9% |
| 2026 | ~$3,109,194 | ~$3,109,194 | ~1.5782% | ~$49,070 | +7.3% |
| 2027 | ~$3,337,461 | ~$3,337,461 | ~1.5125% | ~$50,479 | +15.2% |
| 2028 | ~$3,582,486 | ~$3,582,486 | ~1.4467% | ~$51,829 | +23.7% |
| 2029 | ~$3,845,500 | ~$3,845,500 | ~1.3810% | ~$53,106 | +32.8% |
| 2030 | ~$4,127,823 | ~$4,127,823 | ~1.3153% | ~$54,291 | +42.5% |
In 2025, this property's market value of $2,896,540 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +104% 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 | $2,896,540 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,497,818 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,379,088 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,268,912 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,352,225 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.