13215 BEE CAVE PKWY TX 78738
| Owner | HILL COUNTRY TEXAS GALLERIA LLC |
|---|---|
| Parcel ID | 0121630101 |
| Short ID | 740557 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 157,452 SF |
| Land SF | 252,036 SF |
| Acres | 5.786 |
| Year Built | 2017 |
| Legal | LOT 4 BLK A HILL COUNTRY GALLERIA |
| Neighborhood | 51FSWE |
| Land | $2,419,546 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,419,546 |
| Improvement | $37,652,301 |
|---|---|
| Total Improvement | $37,652,301 |
| Market | $40,071,847 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,071,847 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,071,847 |
| Taxable Value | $40,071,847 |
|---|
Appreciation: Market value has fallen -19.7% from $49,911,000 (2021) to $40,071,847 (2025), a CAGR of -5.3% 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 $658,768. 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 6% of market value ($2,419,546 land vs $37,652,301 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $40,071,847, 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 -5.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $30,453,921 by 2030, with an estimated annual tax burden around $433,916. 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 |
|---|---|---|---|
| 187 | PARKING GARAGE | 207,380 SF | ✓ |
| SO | Sketch Only | 93,960 SF | ✗ |
| 1ST | 1st Floor | 52,484 SF | ✓ |
| 2ND | 2nd Floor | 52,484 SF | ✓ |
| 3RD | 3rd Floor | 52,484 SF | ✓ |
| 4TH | 4th Floor | 52,484 SF | ✓ |
| 501 | CANOPY | 8,220 SF | ✗ |
| MISC | Miscellaneous | 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% | $416,626.99 | $416,626.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $150,608.03 | $150,608.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $47,294.00 | $47,294.00 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $36,224.55 | $36,224.55 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $8,014.37 | $8,014.37 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $658,767.94 | $658,767.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $38,209,952 | $40,071,847 | -4.6% |
| Assessed Value | $38,209,952 | $40,071,847 | -4.6% |
| Land Value | $2,419,546 | $2,419,546 | +0.0% |
| Improvement Value | $35,790,406 | $37,652,301 | -4.9% |
| Taxable Value | $38,209,952 | $40,071,847 | -4.6% |
| Total Tax 2026 = estimate |
~$628,159
Estimated
|
~$658,768
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $38,209,952 | $38,209,952 | +0 (+0.0%) |
| Taxable Value | $38,209,952 | $38,209,952 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $38,209,952 | $2,419,546 | $35,790,406 | — | $38,209,952 | $38,209,952 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $40,071,847 | $2,419,546 | $37,652,301 | — | $40,071,847 | $40,071,847 | ~$658,768 | Partial |
| 2024 | $47,154,090 | — | — | −$44,734,544 | $2,419,546 | $— | $690,883 | Verified |
| 2023 | $51,960,943 | — | — | −$49,541,397 | $2,419,546 | $— | $746,236 | Verified |
| 2022 | $50,747,300 | — | — | −$48,327,754 | $2,419,546 | $— | $901,898 | Verified |
| 2021 | $49,911,000 | — | — | −$47,491,454 | $2,419,546 | $— | $923,235 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.6% | -4.6% | ~100% | Not available | Partial |
| 2025 | -5.7% | -5.7% | ~100% | Not available | Partial |
| 2024 | -9.9% | -9.9% | ~100% | 1.6300% | Verified |
| 2023 | -9.3% | -9.3% | ~100% | 1.5800% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.6% | -5.0% | -4.4% | +2.4% | 2023 | -15.0% | 2025 |
| Assessment Ratio | 100.0% | 36.6% | — | 100.0% | 2025 | 4.7% | 2023 |
| 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 |
$658,768 | $784,204 | ~$517,246 | $923,235 | 2021 | $658,768 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$37,931,510 | ~$37,931,510 | ~1.6001% | ~$606,957 | -5.3% |
| 2027 | ~$35,905,494 | ~$35,905,494 | ~1.5563% | ~$558,801 | -10.4% |
| 2028 | ~$33,987,692 | ~$33,987,692 | ~1.5125% | ~$514,058 | -15.2% |
| 2029 | ~$32,172,325 | ~$32,172,325 | ~1.4687% | ~$472,500 | -19.7% |
| 2030 | ~$30,453,921 | ~$30,453,921 | ~1.4248% | ~$433,916 | -24.0% |
| 2026 | ~$38,068,255 | ~$38,068,255 | ~1.6440% | ~$625,830 | -5.0% |
| 2027 | ~$36,164,842 | ~$36,164,842 | ~1.6440% | ~$594,538 | -9.7% |
| 2028 | ~$34,356,600 | ~$34,356,600 | ~1.6440% | ~$564,811 | -14.3% |
| 2029 | ~$32,638,770 | ~$32,638,770 | ~1.6440% | ~$536,571 | -18.5% |
| 2030 | ~$31,006,831 | ~$31,006,831 | ~1.6440% | ~$509,742 | -22.6% |
| 2026 | ~$38,732,947 | ~$38,732,947 | ~1.5782% | ~$611,293 | -3.3% |
| 2027 | ~$37,438,783 | ~$37,438,783 | ~1.5125% | ~$566,255 | -6.6% |
| 2028 | ~$36,187,860 | ~$36,187,860 | ~1.4467% | ~$523,545 | -9.7% |
| 2029 | ~$34,978,734 | ~$34,978,734 | ~1.3810% | ~$483,056 | -12.7% |
| 2030 | ~$33,810,008 | ~$33,810,008 | ~1.3153% | ~$444,688 | -15.6% |
In 2025, this property's market value of $40,071,847 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 28× 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 | $40,071,847 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $47,154,090 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $51,960,943 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $50,747,300 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $49,911,000 | $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.