12601 GALLERIA PARKWAY TX 78733
| Owner | HILL COUNTRY GALLERIA HOTEL LLC |
|---|---|
| Parcel ID | 0121600707 |
| Short ID | 841230 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 77,331 SF |
| Land SF | 120,226 SF |
| Acres | 2.760 |
| Year Built | 2013 |
| Legal | LOT 2A BLK A HILL COUNTRY GALLERIA RPT LT 2 BLK A AMD LTS 1-8,10-26 BLK A, LTS 1-3, 5-8 BLK B & LT 1 BLK C |
| Neighborhood | 34SW2 |
| Land | $1,683,158 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,683,158 |
| Improvement | $19,103,197 |
|---|---|
| Total Improvement | $19,103,197 |
| Market | $20,786,355 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,786,355 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,786,355 |
| Taxable Value | $20,786,355 |
|---|
Appreciation: Market value has fallen -25.8% from $28,000,000 (2021) to $20,786,355 (2025), a CAGR of -7.2% 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 6 taxing entities is 1.9331% in 2025 (+0.0553% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $401,830. Lake Travis ISD is the largest single contributor, at 53.8% 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 8% of market value ($1,683,158 land vs $19,103,197 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $20,786,355, 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 -7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,323,651 by 2030, with an estimated annual tax burden around $261,954. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 197,038 SF | ✗ |
| 187 | PARKING GARAGE | 64,245 SF | ✓ |
| 1ST | 1st Floor | 37,480 SF | ✓ |
| 3RD | 3rd Floor | 21,356 SF | ✓ |
| 4TH | 4th Floor | 21,356 SF | ✓ |
| 5TH | 5th Floor | 20,237 SF | ✓ |
| 2ND | 2nd Floor | 18,495 SF | ✓ |
| 611 | TERRACE | 15,211 SF | ✗ |
| ADDL | Additional Floor | 13,869 SF | ✓ |
| 335 | PENTHOUSE | 3,744 SF | ✓ |
| 407 | LOADING DOCK | 1,815 SF | ✓ |
| 601 | POOL COMM'L | 1,210 SF | ✗ |
| 276 | ELEVATOR COM PAS | 3 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% | $216,115.73 | $216,115.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $78,124.48 | $78,124.48 | Paid |
| RBC Travis County Bee Cave Rd Dist # 1 | 0.1973% | 0.2122% | 0.2285% | 0.2522% | 0.2892% | +0.0369% | $60,109.15 | $60,109.15 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,532.68 | $24,532.68 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $18,790.66 | $18,790.66 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $4,157.27 | $4,157.27 | Paid |
| Combined Rate | 2.0166% | 1.9479% | 1.8111% | 1.8778% | 1.9331% | +0.0553% | $401,829.97 | $401,829.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,075,938 | $20,786,355 | +15.8% |
| Assessed Value | $24,075,938 | $20,786,355 | +15.8% |
| Land Value | $1,683,158 | $1,683,158 | +0.0% |
| Improvement Value | $22,392,780 | $19,103,197 | +17.2% |
| Taxable Value | $24,075,938 | $20,786,355 | +15.8% |
| Total Tax 2026 = estimate |
~$465,422
Estimated
|
~$401,830
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $25,034,820 | $24,075,938 | -958,882 (-3.8%) |
| Taxable Value | $25,034,820 | $24,075,938 | -958,882 (-3.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,075,938 | $1,683,158 | $22,392,780 | — | $24,075,938 | $24,075,938 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $20,786,355 | $1,683,158 | $19,103,197 | — | $20,786,355 | $20,786,355 | ~$401,830 | Partial |
| 2024 | $24,500,000 | — | — | −$22,816,842 | $1,683,158 | $— | $478,392 | Verified |
| 2023 | $23,830,000 | — | — | −$22,146,842 | $1,683,158 | $— | $443,714 | Verified |
| 2022 | $21,760,000 | — | — | −$20,076,842 | $1,683,158 | $— | $464,180 | Verified |
| 2021 | $28,000,000 | — | — | −$26,316,842 | $1,683,158 | $— | $438,813 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.4% | +20.4% | ~100% | Not available | Partial |
| 2025 | -36.0% | -36.0% | ~100% | Not available | Partial |
| 2024 | +32.7% | +32.7% | ~100% | 1.4700% | Verified |
| 2023 | +2.8% | +2.8% | ~100% | 1.8100% | Verified |
| 2022 | +9.5% | +9.5% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 1.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.8% | -1.9% | -9.7% | +15.8% | 2026 | -22.3% | 2022 |
| Assessment Ratio | 100.0% | 37.9% | — | 100.0% | 2025 | 6.0% | 2021 |
| Effective Tax Rate (2025) | 1.9300% | 1.9300% | — | 1.9300% | 2025 | 1.9300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$401,830 | $445,386 | ~$313,212 | $478,392 | 2024 | $401,830 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$19,294,495 | ~$19,294,495 | ~1.9123% | ~$368,964 | -7.2% |
| 2027 | ~$17,909,708 | ~$17,909,708 | ~1.8914% | ~$338,747 | -13.8% |
| 2028 | ~$16,624,308 | ~$16,624,308 | ~1.8705% | ~$310,966 | -20.0% |
| 2029 | ~$15,431,163 | ~$15,431,163 | ~1.8497% | ~$285,428 | -25.8% |
| 2030 | ~$14,323,651 | ~$14,323,651 | ~1.8288% | ~$261,954 | -31.1% |
| 2026 | ~$19,747,037 | ~$19,747,037 | ~1.9331% | ~$381,738 | -5.0% |
| 2027 | ~$18,759,685 | ~$18,759,685 | ~1.9331% | ~$362,652 | -9.8% |
| 2028 | ~$17,821,701 | ~$17,821,701 | ~1.9331% | ~$344,519 | -14.3% |
| 2029 | ~$16,930,616 | ~$16,930,616 | ~1.9331% | ~$327,293 | -18.5% |
| 2030 | ~$16,084,085 | ~$16,084,085 | ~1.9331% | ~$310,928 | -22.6% |
| 2026 | ~$19,710,222 | ~$19,710,222 | ~1.9018% | ~$374,858 | -5.2% |
| 2027 | ~$18,689,802 | ~$18,689,802 | ~1.8705% | ~$349,602 | -10.1% |
| 2028 | ~$17,722,210 | ~$17,722,210 | ~1.8393% | ~$325,956 | -14.7% |
| 2029 | ~$16,804,711 | ~$16,804,711 | ~1.8080% | ~$303,821 | -19.2% |
| 2030 | ~$15,934,713 | ~$15,934,713 | ~1.7767% | ~$283,105 | -23.3% |
In 2025, this property's market value of $20,786,355 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $20,786,355 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $24,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $23,830,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $21,760,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $28,000,000 | $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.