12813 GALLERIA PARKWAY TX 78738
| Owner | CSHV HCG OFFICE LLC |
|---|---|
| Parcel ID | 0121630103 |
| Short ID | 740559 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 59,046 SF |
| Land SF | 52,133 SF |
| Acres | 1.197 |
| Year Built | 2013 |
| Legal | LOT 20 BLK A HILL COUNTRY GALLERIA AMENDED PLAT OF LTS 1-3,6-8&10-26 BLK A,LTS 1-3&6-8 BLK B & LOT BLK C |
| Neighborhood | 51FSWE |
| Land | $1,042,660 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,042,660 |
| Improvement | $12,942,045 |
|---|---|
| Total Improvement | $12,942,045 |
| Market | $13,984,705 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,984,705 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,984,705 |
| Taxable Value | $13,984,705 |
|---|
Appreciation: Market value has fallen -22.9% from $18,137,288 (2021) to $13,984,705 (2025), a CAGR of -6.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $270,344. 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 7% of market value ($1,042,660 land vs $12,942,045 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~13 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,984,705, 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 -6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,104,260 by 2030, with an estimated annual tax burden around $184,789. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 19,848 SF | ✓ |
| 3RD | 3rd Floor | 19,848 SF | ✓ |
| 1ST | 1st Floor | 19,350 SF | ✓ |
| 611 | TERRACE | 704 SF | ✗ |
| LOBBY | Lobby | 498 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% | $145,398.98 | $145,398.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $52,560.81 | $52,560.81 | Paid |
| RBC Travis County Bee Cave Rd Dist # 1 | 0.1973% | 0.2122% | 0.2285% | 0.2522% | 0.2892% | +0.0369% | $40,440.41 | $40,440.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $16,505.17 | $16,505.17 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $12,642.03 | $12,642.03 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $2,796.94 | $2,796.94 | Paid |
| Combined Rate | 2.0166% | 1.9479% | 1.8111% | 1.8778% | 1.9331% | +0.0553% | $270,344.34 | $270,344.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,362,738 | $13,984,705 | -4.4% |
| Assessed Value | $13,362,738 | $13,984,705 | -4.4% |
| Land Value | $1,042,660 | $1,042,660 | +0.0% |
| Improvement Value | $12,320,078 | $12,942,045 | -4.8% |
| Taxable Value | $13,362,738 | $13,984,705 | -4.4% |
| Total Tax 2026 = estimate |
~$258,321
Estimated
|
~$270,344
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $13,660,277 | $13,362,738 | -297,539 (-2.2%) |
| Taxable Value | $13,660,277 | $13,362,738 | -297,539 (-2.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $13,362,738 | $1,042,660 | $12,320,078 | — | $13,362,738 | $13,362,738 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $13,984,705 | $1,042,660 | $12,942,045 | — | $13,984,705 | $13,984,705 | ~$270,344 | Partial |
| 2024 | $16,132,951 | — | — | −$15,090,291 | $1,042,660 | $— | $274,747 | Verified |
| 2023 | $18,626,212 | — | — | −$17,583,552 | $1,042,660 | $— | $292,180 | Verified |
| 2022 | $17,516,500 | — | — | −$16,473,840 | $1,042,660 | $— | $362,816 | Verified |
| 2021 | $18,137,288 | — | — | −$17,094,628 | $1,042,660 | $— | $353,238 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2025 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2024 | -9.3% | -9.3% | ~100% | 1.8800% | Verified |
| 2023 | -13.4% | -13.4% | ~100% | 1.8100% | Verified |
| 2022 | +6.3% | +6.3% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.4% | -5.6% | -5.4% | +6.3% | 2023 | -13.4% | 2024 |
| Assessment Ratio | 100.0% | 37.3% | — | 100.0% | 2025 | 5.6% | 2023 |
| 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 |
$270,344 | $310,665 | ~$216,468 | $362,816 | 2022 | $270,344 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,104,593 | ~$13,104,593 | ~1.9123% | ~$250,596 | -6.3% |
| 2027 | ~$12,279,871 | ~$12,279,871 | ~1.8914% | ~$232,263 | -12.2% |
| 2028 | ~$11,507,051 | ~$11,507,051 | ~1.8705% | ~$215,245 | -17.7% |
| 2029 | ~$10,782,868 | ~$10,782,868 | ~1.8497% | ~$199,449 | -22.9% |
| 2030 | ~$10,104,260 | ~$10,104,260 | ~1.8288% | ~$184,789 | -27.7% |
| 2026 | ~$13,285,470 | ~$13,285,470 | ~1.9331% | ~$256,827 | -5.0% |
| 2027 | ~$12,621,196 | ~$12,621,196 | ~1.9331% | ~$243,986 | -9.8% |
| 2028 | ~$11,990,136 | ~$11,990,136 | ~1.9331% | ~$231,786 | -14.3% |
| 2029 | ~$11,390,630 | ~$11,390,630 | ~1.9331% | ~$220,197 | -18.5% |
| 2030 | ~$10,821,098 | ~$10,821,098 | ~1.9331% | ~$209,187 | -22.6% |
| 2026 | ~$13,384,287 | ~$13,384,287 | ~1.9018% | ~$254,548 | -4.3% |
| 2027 | ~$12,809,648 | ~$12,809,648 | ~1.8705% | ~$239,611 | -8.4% |
| 2028 | ~$12,259,680 | ~$12,259,680 | ~1.8393% | ~$225,486 | -12.3% |
| 2029 | ~$11,733,325 | ~$11,733,325 | ~1.8080% | ~$212,133 | -16.1% |
| 2030 | ~$11,229,568 | ~$11,229,568 | ~1.7767% | ~$199,511 | -19.7% |
In 2025, this property's market value of $13,984,705 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $13,984,705 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,132,951 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $18,626,212 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $17,516,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $18,137,288 | $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.