3944 S F M RD 620 F TX 78738
| Owner | BEE CAVE MOB PARTNERS LLC |
|---|---|
| Parcel ID | 0121630307 |
| Short ID | 861820 |
| Type | Real |
| Use Code | 55 Medical Office (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 23,000 SF |
| Land SF | 110,195 SF |
| Acres | 2.530 |
| Year Built | 2019 |
| Legal | UNT F PARK AT BEE CAVE CONDOMINIUMS THE PLUS 15.33 % INT IN COM AREA |
| Neighborhood | 55FSW |
| Land | $1,652,927 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,652,927 |
| Improvement | $7,347,073 |
|---|---|
| Total Improvement | $7,347,073 |
| Market | $9,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $9,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $9,000,000 |
| Taxable Value | $9,000,000 |
|---|
Appreciation: Market value has risen +19.8% from $7,509,714 (2021) to $9,000,000 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. 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 5 taxing entities is 1.6440% in 2025 (+0.0184% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $147,957. 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 ($1,652,927 land vs $7,347,073 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 $9,000,000, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,285,386 by 2030, with an estimated annual tax burden around $160,797. 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 | 23,000 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% | $93,573.00 | $93,573.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,826.05 | $33,826.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,622.07 | $10,622.07 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $8,135.91 | $8,135.91 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $1,800.00 | $1,800.00 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $147,957.03 | $147,957.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,115,130 | $9,000,000 | +1.3% |
| Assessed Value | $9,115,130 | $9,000,000 | +1.3% |
| Land Value | $1,652,927 | $1,652,927 | +0.0% |
| Improvement Value | $7,462,203 | $7,347,073 | +1.6% |
| Taxable Value | $9,115,130 | $9,000,000 | +1.3% |
| Total Tax 2026 = estimate |
~$149,850
Estimated
|
~$147,957
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,269,854 | $9,115,130 | -154,724 (-1.7%) |
| Taxable Value | $9,269,854 | $9,115,130 | -154,724 (-1.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,115,130 | $1,652,927 | $7,462,203 | — | $9,115,130 | $9,115,130 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $9,000,000 | $1,652,927 | $7,347,073 | — | $9,000,000 | $9,000,000 | ~$147,957 | Partial |
| 2024 | $10,262,202 | — | — | −$8,609,275 | $1,652,927 | $— | $159,310 | Verified |
| 2023 | $8,445,488 | — | — | −$6,770,042 | $1,675,446 | $— | $162,404 | Verified |
| 2022 | $7,424,800 | — | — | −$5,742,007 | $1,682,793 | $— | $146,590 | Verified |
| 2021 | $7,509,714 | — | — | −$5,826,921 | $1,682,793 | $— | $135,078 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2024 | -4.5% | -4.5% | ~100% | 1.6300% | Verified |
| 2023 | +21.5% | +21.5% | ~100% | 1.5800% | Verified |
| 2022 | +13.7% | +13.7% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | 1.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.3% | +4.6% | +4.4% | +21.5% | 2024 | -12.3% | 2025 |
| Assessment Ratio | 100.0% | 46.8% | — | 100.0% | 2025 | 16.1% | 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 |
$147,957 | $150,268 | ~$155,829 | $162,404 | 2023 | $135,078 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,416,669 | ~$9,416,669 | ~1.6001% | ~$150,680 | +4.6% |
| 2027 | ~$9,852,628 | ~$9,852,628 | ~1.5563% | ~$153,338 | +9.5% |
| 2028 | ~$10,308,770 | ~$10,308,770 | ~1.5125% | ~$155,918 | +14.5% |
| 2029 | ~$10,786,030 | ~$10,786,030 | ~1.4687% | ~$158,410 | +19.8% |
| 2030 | ~$11,285,386 | ~$11,285,386 | ~1.4248% | ~$160,797 | +25.4% |
| 2026 | ~$9,236,669 | ~$9,236,669 | ~1.6440% | ~$151,848 | +2.6% |
| 2027 | ~$9,479,561 | ~$9,479,561 | ~1.6440% | ~$155,841 | +5.3% |
| 2028 | ~$9,728,840 | ~$9,728,840 | ~1.6440% | ~$159,939 | +8.1% |
| 2029 | ~$9,984,675 | ~$9,984,675 | ~1.6440% | ~$164,145 | +10.9% |
| 2030 | ~$10,247,237 | ~$10,247,237 | ~1.6440% | ~$168,461 | +13.9% |
| 2026 | ~$9,596,669 | ~$9,596,669 | ~1.5782% | ~$151,457 | +6.6% |
| 2027 | ~$10,232,894 | ~$10,232,894 | ~1.5125% | ~$154,771 | +13.7% |
| 2028 | ~$10,911,299 | ~$10,911,299 | ~1.4467% | ~$157,858 | +21.2% |
| 2029 | ~$11,634,681 | ~$11,634,681 | ~1.3810% | ~$160,675 | +29.3% |
| 2030 | ~$12,406,019 | ~$12,406,019 | ~1.3153% | ~$163,171 | +37.8% |
In 2025, this property's market value of $9,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $9,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,262,202 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,445,488 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,424,800 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,509,714 | $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.