11612 BEE CAVE RD TX 78746
| Owner | OP LAKE POINT PROPERTY LLC |
|---|---|
| Parcel ID | 0121551111 |
| Short ID | 455560 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 42,980 SF |
| Land SF | 114,187 SF |
| Acres | 2.621 |
| Year Built | 1999 |
| Legal | LOT 2 LAKE POINTE SEC 3 PHS 5 |
| Neighborhood | 51FSWE |
| Land | $2,283,740 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,283,740 |
| Improvement | $4,445,341 |
|---|---|
| Total Improvement | $4,445,341 |
| Market | $6,729,081 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,729,081 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,729,081 |
| Taxable Value | $6,729,081 |
|---|
Appreciation: Market value has fallen -23.5% from $8,800,000 (2021) to $6,729,081 (2025), a CAGR of -6.5% 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 5 taxing entities is 1.7587% in 2025 (+0.0177% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $118,342. Lake Travis ISD is the largest single contributor, at 59.1% 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 34% of market value ($2,283,740 land vs $4,445,341 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,729,081, 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 -6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,811,684 by 2030, with an estimated annual tax burden around $82,179. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 99,940 SF | ✗ |
| 491 | SPRINKLER HEADS | 43,396 SF | ✗ |
| 2ND | 2nd Floor | 21,698 SF | ✓ |
| 1ST | 1st Floor | 21,282 SF | ✓ |
| 501 | CANOPY | 572 SF | ✗ |
| 541 | FENCE COMM LF | 493 SF | ✗ |
| LOBBY | Lobby | 416 SF | ✓ |
| 482 | LIGHT POLES | 13 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% | $69,962.26 | $69,962.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,290.91 | $25,290.91 | Paid |
| U6C Lake Pointe MUD | — | — | — | 0.1354% | 0.1347% | -0.0007% | $9,064.07 | $9,064.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,941.86 | $7,941.86 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $6,083.02 | $6,083.02 | Paid |
| Combined Rate | 1.7993% | 1.7157% | 1.5625% | 1.7410% | 1.7587% | +0.0177% | $118,342.12 | $118,342.12 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,041,948 | $6,729,081 | -10.2% |
| Assessed Value | $6,041,948 | $6,729,081 | -10.2% |
| Land Value | $2,283,740 | $2,283,740 | +0.0% |
| Improvement Value | $3,758,208 | $4,445,341 | -15.5% |
| Taxable Value | $6,041,948 | $6,729,081 | -10.2% |
| Total Tax 2026 = estimate |
~$106,258
Estimated
|
~$118,342
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,041,948 | $6,041,948 | +0 (+0.0%) |
| Taxable Value | $6,041,948 | $6,041,948 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,041,948 | $2,283,740 | $3,758,208 | — | $6,041,948 | $6,041,948 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,729,081 | $2,283,740 | $4,445,341 | — | $6,729,081 | $6,729,081 | ~$118,342 | Partial |
| 2024 | $9,033,489 | — | — | −$6,749,749 | $2,283,740 | $— | $131,221 | Verified |
| 2023 | $10,026,590 | — | — | −$7,742,850 | $2,283,740 | $— | $153,817 | Verified |
| 2022 | $9,465,000 | — | — | −$7,181,260 | $2,283,740 | $— | $187,145 | Verified |
| 2021 | $8,800,000 | — | — | −$6,516,260 | $2,283,740 | $— | $185,607 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.2% | -10.2% | ~100% | Not available | Partial |
| 2025 | -10.7% | -10.7% | ~100% | Not available | Partial |
| 2024 | -16.6% | -16.6% | ~100% | 1.7400% | Verified |
| 2023 | -9.9% | -9.9% | ~100% | 1.7000% | Verified |
| 2022 | +5.9% | +5.9% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -28.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.2% | -6.4% | -4.4% | +7.6% | 2022 | -25.5% | 2025 |
| Assessment Ratio | 100.0% | 49.7% | — | 100.0% | 2025 | 22.8% | 2023 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$118,342 | $155,226 | ~$95,598 | $187,145 | 2022 | $118,342 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,292,512 | ~$6,292,512 | ~1.7485% | ~$110,025 | -6.5% |
| 2027 | ~$5,884,266 | ~$5,884,266 | ~1.7384% | ~$102,290 | -12.6% |
| 2028 | ~$5,502,507 | ~$5,502,507 | ~1.7282% | ~$95,095 | -18.2% |
| 2029 | ~$5,145,515 | ~$5,145,515 | ~1.7181% | ~$88,403 | -23.5% |
| 2030 | ~$4,811,684 | ~$4,811,684 | ~1.7079% | ~$82,179 | -28.5% |
| 2026 | ~$6,392,627 | ~$6,392,627 | ~1.7587% | ~$112,425 | -5.0% |
| 2027 | ~$6,072,996 | ~$6,072,996 | ~1.7587% | ~$106,804 | -9.7% |
| 2028 | ~$5,769,346 | ~$5,769,346 | ~1.7587% | ~$101,464 | -14.3% |
| 2029 | ~$5,480,879 | ~$5,480,879 | ~1.7587% | ~$96,390 | -18.5% |
| 2030 | ~$5,206,835 | ~$5,206,835 | ~1.7587% | ~$91,571 | -22.6% |
| 2026 | ~$6,427,093 | ~$6,427,093 | ~1.7434% | ~$112,052 | -4.5% |
| 2027 | ~$6,138,658 | ~$6,138,658 | ~1.7282% | ~$106,089 | -8.8% |
| 2028 | ~$5,863,167 | ~$5,863,167 | ~1.7130% | ~$100,435 | -12.9% |
| 2029 | ~$5,600,040 | ~$5,600,040 | ~1.6977% | ~$95,075 | -16.8% |
| 2030 | ~$5,348,721 | ~$5,348,721 | ~1.6825% | ~$89,993 | -20.5% |
In 2025, this property's market value of $6,729,081 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 | $6,729,081 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $9,033,489 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,026,590 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,465,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,800,000 | $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.