11701 F M RD 2244 TX
| Owner | RESACA PLAZA LLC |
|---|---|
| Parcel ID | 0121551401 |
| Short ID | 438142 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 26,116 SF |
| Land SF | 86,727 SF |
| Acres | 1.991 |
| Year Built | 2008 |
| Legal | LOT 12 BLK A UPLANDS VILLAGE |
| Neighborhood | 52FSWE |
| Land | $1,734,540 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,734,540 |
| Improvement | $2,852,461 |
|---|---|
| Total Improvement | $2,852,461 |
| Market | $4,587,001 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,587,001 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,587,001 |
| Taxable Value | $4,587,001 |
|---|
Appreciation: Market value has fallen -12.6% from $5,250,151 (2021) to $4,587,001 (2025), a CAGR of -3.3% 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 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $75,409. 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 38% of market value ($1,734,540 land vs $2,852,461 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,587,001, 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 -3.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,874,584 by 2030, with an estimated annual tax burden around $55,206. 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 | 30,000 SF | ✗ |
| 1ST | 1st Floor | 13,200 SF | ✓ |
| 2ND | 2nd Floor | 12,916 SF | ✓ |
| 501 | CANOPY | 2,426 SF | ✗ |
| 611 | TERRACE | 426 SF | ✗ |
| 276 | ELEVATOR COM PAS | 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% | $41,910.04 | $41,910.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,150.21 | $15,150.21 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,757.48 | $4,757.48 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,643.96 | $3,643.96 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $806.19 | $806.19 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $66,267.88 | $66,267.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,080,920 | $4,587,001 | -11.0% |
| Assessed Value | $4,080,920 | $4,587,001 | -11.0% |
| Land Value | $1,734,540 | $1,734,540 | +0.0% |
| Improvement Value | $2,346,380 | $2,852,461 | -17.7% |
| Taxable Value | $4,080,920 | $4,587,001 | -11.0% |
| Total Tax 2026 = estimate |
~$67,089
Estimated
|
~$66,268
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,080,920 | $4,080,920 | +0 (+0.0%) |
| Taxable Value | $4,080,920 | $4,080,920 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,080,920 | $1,734,540 | $2,346,380 | — | $4,080,920 | $4,080,920 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,587,001 | $1,734,540 | $2,852,461 | — | $4,587,001 | $4,587,001 | ~$66,268 | Partial |
| 2024 | $5,253,033 | — | — | −$3,518,493 | $1,734,540 | $— | $65,528 | Verified |
| 2023 | $5,495,300 | — | — | −$3,760,760 | $1,734,540 | $— | $83,132 | Verified |
| 2022 | $5,116,615 | — | — | −$3,382,075 | $1,734,540 | $— | $95,383 | Verified |
| 2021 | $5,250,151 | — | — | −$3,515,611 | $1,734,540 | $— | $93,086 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.0% | -11.0% | ~100% | Not available | Partial |
| 2025 | +13.8% | +13.8% | ~100% | Not available | Partial |
| 2024 | -30.8% | -30.8% | ~100% | 1.6300% | Verified |
| 2023 | +6.0% | +6.0% | ~100% | 1.4300% | Verified |
| 2022 | -8.6% | -8.6% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -23.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.0% | -4.6% | -0.9% | +7.4% | 2023 | -12.7% | 2025 |
| Assessment Ratio | 100.0% | 55.2% | — | 100.0% | 2025 | 31.6% | 2023 |
| Effective Tax Rate (2025) | 1.4400% | 1.4400% | — | 1.4400% | 2025 | 1.4400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$66,268 | $80,679 | ~$62,890 | $95,383 | 2022 | $65,528 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,434,739 | ~$4,434,739 | ~1.6001% | ~$70,962 | -3.3% |
| 2027 | ~$4,287,532 | ~$4,287,532 | ~1.5563% | ~$66,727 | -6.5% |
| 2028 | ~$4,145,211 | ~$4,145,211 | ~1.5125% | ~$62,696 | -9.6% |
| 2029 | ~$4,007,614 | ~$4,007,614 | ~1.4687% | ~$58,858 | -12.6% |
| 2030 | ~$3,874,584 | ~$3,874,584 | ~1.4248% | ~$55,206 | -15.5% |
| 2026 | ~$4,357,651 | ~$4,357,651 | ~1.6440% | ~$71,638 | -5.0% |
| 2027 | ~$4,139,768 | ~$4,139,768 | ~1.6440% | ~$68,056 | -9.8% |
| 2028 | ~$3,932,780 | ~$3,932,780 | ~1.6440% | ~$64,654 | -14.3% |
| 2029 | ~$3,736,141 | ~$3,736,141 | ~1.6440% | ~$61,421 | -18.5% |
| 2030 | ~$3,549,334 | ~$3,549,334 | ~1.6440% | ~$58,350 | -22.6% |
| 2026 | ~$4,526,479 | ~$4,526,479 | ~1.5782% | ~$71,438 | -1.3% |
| 2027 | ~$4,466,756 | ~$4,466,756 | ~1.5125% | ~$67,559 | -2.6% |
| 2028 | ~$4,407,821 | ~$4,407,821 | ~1.4467% | ~$63,770 | -3.9% |
| 2029 | ~$4,349,663 | ~$4,349,663 | ~1.3810% | ~$60,069 | -5.2% |
| 2030 | ~$4,292,273 | ~$4,292,273 | ~1.3153% | ~$56,454 | -6.4% |
In 2025, this property's market value of $4,587,001 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,587,001 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,253,033 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,495,300 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,116,615 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,250,151 | $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.