12400 W STATE HY 71 TX 78669
| Owner | SPC BEE CAVE PARTNERS LTD |
|---|---|
| Parcel ID | 0119600304 |
| Short ID | 822969 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 115,312 SF |
| Land SF | 1,010,904 SF |
| Acres | 23.207 |
| Year Built | 1998 |
| Legal | 23.2072 AC OF LOT 1 BLK A HEB/BEE CAVE SUBD NO 3 |
| Neighborhood | 42SWE |
| Land | $9,918,462 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,918,462 |
| Improvement | $17,206,432 |
|---|---|
| Total Improvement | $17,206,432 |
| Market | $27,124,894 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $27,124,894 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $27,124,894 |
| Exemptions (−) | −$169,768 |
|---|---|
| Taxable Value | $26,955,126 |
Appreciation: Market value has fallen -7.1% from $29,190,000 (2021) to $27,124,894 (2025), a CAGR of -1.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $443,133. 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 37% of market value ($9,918,462 land vs $17,206,432 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $27,124,894, 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 -1.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,747,737 by 2030, with an estimated annual tax burden around $352,612. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 439,800 SF | ✗ |
| SO | Sketch Only | 123,822 SF | ✗ |
| 1ST | 1st Floor | 115,312 SF | ✓ |
| 491 | SPRINKLER HEADS | 110,767 SF | ✗ |
| 501 | CANOPY | 16,690 SF | ✗ |
| 611 | TERRACE | 14,074 SF | ✗ |
| MEZZ | Mezzanine | 3,852 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 239 SF | ✓ |
| 482 | LIGHT POLES | 73 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% | $265,957.67 | $265,957.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $96,142.02 | $96,142.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $30,190.56 | $30,190.56 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $23,124.27 | $23,124.27 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $5,116.05 | $5,116.05 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $420,530.57 | $420,530.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $27,550,601 | $27,124,894 | +1.6% |
| Assessed Value | $27,550,601 | $27,124,894 | +1.6% |
| Land Value | $9,918,462 | $9,918,462 | +0.0% |
| Improvement Value | $17,632,139 | $17,206,432 | +2.5% |
| Taxable Value | $27,409,818 | $26,955,126 | +1.7% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$450,608
Estimated
|
~$420,531
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $27,550,601 | $27,550,601 | +0 (+0.0%) |
| Taxable Value | $27,409,818 | $27,409,818 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $27,550,601 | $9,918,462 | $17,632,139 | — | $27,550,601 | $27,409,818 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $27,124,894 | $9,918,462 | $17,206,432 | — | $27,124,894 | $26,955,126 | ~$420,531 | Partial |
| 2024 | $24,877,573 | — | — | — | — | $— | $401,189 | Verified |
| 2023 | $25,991,456 | — | — | −$16,072,994 | $9,918,462 | $— | $393,699 | Verified |
| 2022 | $25,750,000 | — | — | −$15,831,538 | $9,918,462 | $— | $451,140 | Verified |
| 2021 | $29,190,000 | — | — | −$19,271,538 | $9,918,462 | $— | $468,715 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | +7.2% | +7.2% | ~100% | Not available | Partial |
| 2024 | +1.7% | +1.7% | ~100% | 1.5900% | Verified |
| 2023 | -4.3% | -4.3% | ~100% | 1.5800% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | -0.9% | -2.1% | +9.0% | 2025 | -11.8% | 2022 |
| Assessment Ratio | 100.0% | 62.1% | — | 100.0% | 2025 | 34.0% | 2021 |
| Effective Tax Rate (2025) | 1.5500% | 1.5500% | — | 1.5500% | 2025 | 1.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$420,531 | $427,055 | ~$388,836 | $468,715 | 2021 | $393,699 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$26,631,862 | ~$26,631,862 | ~1.6001% | ~$426,147 | -1.8% |
| 2027 | ~$26,147,792 | ~$26,147,792 | ~1.5563% | ~$406,941 | -3.6% |
| 2028 | ~$25,672,521 | ~$25,672,521 | ~1.5125% | ~$388,293 | -5.4% |
| 2029 | ~$25,205,888 | ~$25,205,888 | ~1.4687% | ~$370,188 | -7.1% |
| 2030 | ~$24,747,737 | ~$24,747,737 | ~1.4248% | ~$352,612 | -8.8% |
| 2026 | ~$26,089,365 | ~$26,089,365 | ~1.6440% | ~$428,901 | -3.8% |
| 2027 | ~$25,093,368 | ~$25,093,368 | ~1.6440% | ~$412,527 | -7.5% |
| 2028 | ~$24,135,395 | ~$24,135,395 | ~1.6440% | ~$396,778 | -11.0% |
| 2029 | ~$23,213,993 | ~$23,213,993 | ~1.6440% | ~$381,630 | -14.4% |
| 2030 | ~$22,327,768 | ~$22,327,768 | ~1.6440% | ~$367,061 | -17.7% |
| 2026 | ~$27,174,360 | ~$27,174,360 | ~1.5782% | ~$428,873 | +0.2% |
| 2027 | ~$27,223,917 | ~$27,223,917 | ~1.5125% | ~$411,757 | +0.4% |
| 2028 | ~$27,273,564 | ~$27,273,564 | ~1.4467% | ~$394,578 | +0.5% |
| 2029 | ~$27,323,301 | ~$27,323,301 | ~1.3810% | ~$377,335 | +0.7% |
| 2030 | ~$27,373,129 | ~$27,373,129 | ~1.3153% | ~$360,027 | +0.9% |
In 2025, this property's market value of $27,124,894 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $27,124,894 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $24,877,573 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $25,991,456 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $25,750,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $29,190,000 | $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.