3944 S F M RD 620 G-2 TX
| Owner | MAT MANAGEMENT SERVICES LLC & |
|---|---|
| Parcel ID | 0121630310 |
| Short ID | 933382 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,642 SF |
| Land SF | 46,220 SF |
| Acres | 1.061 |
| Year Built | 2017 |
| Legal | UNT G-2 PARK AT BEE CAVE CONDOMINIUMS THE PLUS 6.43 % INT IN COM AREA |
| Neighborhood | 43SWE |
| Land | $693,302 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $693,302 |
| Improvement | $3,309,775 |
|---|---|
| Total Improvement | $3,309,775 |
| Market | $4,003,077 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,003,077 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,003,077 |
| Taxable Value | $4,003,077 |
|---|
Appreciation: Market value has risen +70563.3% from $5,665 (2021) to $4,003,077 (2025), a CAGR of 415.6% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $65,809. 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 17% of market value ($693,302 land vs $3,309,775 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~9 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,003,077, 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 +415.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,584,329,951 by 2030, with an estimated annual tax burden around $91,859. 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 | 9,642 SF | ✓ |
Market value changed by 134% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $41,619.99 | $41,619.99 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,045.36 | $15,045.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,724.55 | $4,724.55 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,618.74 | $3,618.74 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $800.62 | $800.62 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $65,809.26 | $65,809.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,443,071 | $4,003,077 | +11.0% |
| Assessed Value | $4,443,071 | $4,003,077 | +11.0% |
| Land Value | $693,302 | $693,302 | +0.0% |
| Improvement Value | $3,749,769 | $3,309,775 | +13.3% |
| Taxable Value | $4,443,071 | $4,003,077 | +11.0% |
| Total Tax 2026 = estimate |
~$73,043
Estimated
|
~$65,809
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,115,845 | $4,443,071 | -672,774 (-13.2%) |
| Taxable Value | $4,803,692 | $4,443,071 | -360,621 (-7.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,443,071 | $693,302 | $3,749,769 | — | $4,443,071 | $4,443,071 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,003,077 | $693,302 | $3,309,775 | — | $4,003,077 | $4,003,077 | ~$65,809 | Partial |
| 2024 | $4,520,000 | — | — | — | — | $— | $69,901 | Verified |
| 2023 | $1,667,914 | — | — | — | — | $— | $71,531 | Verified |
| 2022 | $711,584 | — | — | — | — | $— | $28,950 | Verified |
| 2021 | $5,665 | — | — | — | — | $— | $12,946 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.8% | +20.0% | 93.9% | Not available | Partial |
| 2025 | -18.9% | -18.9% | ~100% | Not available | Partial |
| 2024 | +9.2% | +9.2% | ~100% | 1.4200% | Verified |
| 2023 | +171.0% ! | +171.0% | ~100% | 1.5800% | Verified |
| 2022 | +134.4% ! | +134.4% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +462.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.0% | +2553.2% | +405.4% | +12461.1% | 2022 | -11.4% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$65,809 | $49,828 | ~$80,873 | $71,531 | 2023 | $12,946 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$20,639,181 | ~$4,403,385 | ~1.6001% | ~$70,460 | +415.6% |
| 2027 | ~$106,412,086 | ~$4,843,723 | ~1.5563% | ~$75,383 | +2558.3% |
| 2028 | ~$548,642,525 | ~$5,328,095 | ~1.5125% | ~$80,587 | +13605.5% |
| 2029 | ~$2,828,707,055 | ~$5,860,905 | ~1.4687% | ~$86,076 | +70563.3% |
| 2030 | ~$14,584,329,951 | ~$6,446,996 | ~1.4248% | ~$91,859 | +364228.0% |
| 2026 | ~$20,559,119 | ~$4,403,385 | ~1.6440% | ~$72,390 | +413.6% |
| 2027 | ~$105,588,121 | ~$4,843,723 | ~1.6440% | ~$79,629 | +2537.7% |
| 2028 | ~$542,282,534 | ~$5,328,095 | ~1.6440% | ~$87,592 | +13446.6% |
| 2029 | ~$2,785,070,382 | ~$5,860,905 | ~1.6440% | ~$96,351 | +69473.2% |
| 2030 | ~$14,303,645,319 | ~$6,446,996 | ~1.6440% | ~$105,986 | +357216.3% |
| 2026 | ~$20,719,242 | ~$4,403,385 | ~1.5782% | ~$69,495 | +417.6% |
| 2027 | ~$107,239,255 | ~$4,843,723 | ~1.5125% | ~$73,260 | +2578.9% |
| 2028 | ~$555,052,049 | ~$5,328,095 | ~1.4467% | ~$77,084 | +13765.6% |
| 2029 | ~$2,872,854,507 | ~$5,860,905 | ~1.3810% | ~$80,939 | +71666.2% |
| 2030 | ~$14,869,403,756 | ~$6,446,996 | ~1.3153% | ~$84,795 | +371349.4% |
In 2025, this property's market value of $4,003,077 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +182% above 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 | $4,003,077 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,520,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,667,914 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $711,584 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $5,665 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.