3944 S F M RD 620 D TX 78738
| Owner | BEE CAVE MOB OWNER LLC |
|---|---|
| Parcel ID | 0121630305 |
| Short ID | 861818 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 42,000 SF |
| Land SF | 201,270 SF |
| Acres | 4.621 |
| Year Built | 2019 |
| Legal | UNT D PARK AT BEE CAVE CONDOMINIUMS THE PLUS 28.0 % INT IN COM AREA |
| Neighborhood | 55FSW |
| Land | $3,019,044 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,019,044 |
| Improvement | $13,720,384 |
|---|---|
| Total Improvement | $13,720,384 |
| Market | $16,739,428 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $16,739,428 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $16,739,428 |
| Taxable Value | $16,739,428 |
|---|
Appreciation: Market value has risen +26.8% from $13,197,296 (2021) to $16,739,428 (2025), a CAGR of 6.1% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $275,191. 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 18% of market value ($3,019,044 land vs $13,720,384 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $16,739,428, 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 +6.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $22,532,542 by 2030, with an estimated annual tax burden around $321,050. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 42,000 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% | $174,039.83 | $174,039.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $62,914.30 | $62,914.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $19,756.38 | $19,756.38 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $15,132.28 | $15,132.28 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $3,347.89 | $3,347.89 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $275,190.68 | $275,190.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,927,559 | $16,739,428 | +1.1% |
| Assessed Value | $16,927,559 | $16,739,428 | +1.1% |
| Land Value | $3,019,044 | $3,019,044 | +0.0% |
| Improvement Value | $13,908,515 | $13,720,384 | +1.4% |
| Taxable Value | $16,927,559 | $16,739,428 | +1.1% |
| Total Tax 2026 = estimate |
~$278,283
Estimated
|
~$275,191
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $16,927,559 | $16,927,559 | +0 (+0.0%) |
| Taxable Value | $16,927,559 | $16,927,559 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,927,559 | $3,019,044 | $13,908,515 | — | $16,927,559 | $16,927,559 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $16,739,428 | $3,019,044 | $13,720,384 | — | $16,739,428 | $16,739,428 | ~$275,191 | Partial |
| 2024 | $17,000,000 | — | — | −$13,980,956 | $3,019,044 | $— | $272,118 | Verified |
| 2023 | $15,422,192 | — | — | −$12,362,017 | $3,060,175 | $— | $269,228 | Verified |
| 2022 | $13,558,331 | — | — | −$10,484,737 | $3,073,594 | $— | $267,687 | Verified |
| 2021 | $13,197,296 | — | — | −$10,123,702 | $3,073,594 | $— | $246,664 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -6.9% | -6.9% | ~100% | 1.6300% | Verified |
| 2023 | +16.5% | +16.5% | ~100% | 1.5000% | Verified |
| 2022 | +13.7% | +13.7% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.1% | +5.2% | +5.9% | +13.7% | 2023 | -1.5% | 2025 |
| Assessment Ratio | 100.0% | 47.3% | — | 100.0% | 2025 | 17.8% | 2024 |
| 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 |
$275,191 | $266,177 | ~$302,629 | $275,191 | 2025 | $246,664 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$17,764,563 | ~$17,764,563 | ~1.6001% | ~$284,258 | +6.1% |
| 2027 | ~$18,852,478 | ~$18,852,478 | ~1.5563% | ~$293,403 | +12.6% |
| 2028 | ~$20,007,018 | ~$20,007,018 | ~1.5125% | ~$302,603 | +19.5% |
| 2029 | ~$21,232,262 | ~$21,232,262 | ~1.4687% | ~$311,829 | +26.8% |
| 2030 | ~$22,532,542 | ~$22,532,542 | ~1.4248% | ~$321,050 | +34.6% |
| 2026 | ~$17,429,774 | ~$17,429,774 | ~1.6440% | ~$286,540 | +4.1% |
| 2027 | ~$18,148,591 | ~$18,148,591 | ~1.6440% | ~$298,357 | +8.4% |
| 2028 | ~$18,897,053 | ~$18,897,053 | ~1.6440% | ~$310,661 | +12.9% |
| 2029 | ~$19,676,381 | ~$19,676,381 | ~1.6440% | ~$323,473 | +17.5% |
| 2030 | ~$20,487,850 | ~$20,487,850 | ~1.6440% | ~$336,813 | +22.4% |
| 2026 | ~$18,099,352 | ~$18,099,352 | ~1.5782% | ~$285,648 | +8.1% |
| 2027 | ~$19,569,756 | ~$19,569,756 | ~1.5125% | ~$295,989 | +16.9% |
| 2028 | ~$21,159,618 | ~$21,159,618 | ~1.4467% | ~$306,125 | +26.4% |
| 2029 | ~$22,878,641 | ~$22,878,641 | ~1.3810% | ~$315,954 | +36.7% |
| 2030 | ~$24,737,318 | ~$24,737,318 | ~1.3153% | ~$325,359 | +47.8% |
In 2025, this property's market value of $16,739,428 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $16,739,428 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $17,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,422,192 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,558,331 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,197,296 | $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.