3944 S F M RD 620 G-3 TX
| Owner | HAMLIN RE PABC LLC |
|---|---|
| Parcel ID | 0121630311 |
| Short ID | 933383 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,139 SF |
| Land SF | 39,032 SF |
| Acres | 0.896 |
| Year Built | 2017 |
| Legal | UNT G-3 PARK AT BEE CAVE CONDOMINIUMS THE PLUS 5.43 % INT IN COM AREA |
| Neighborhood | 43SWE |
| Land | $585,479 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $585,479 |
| Improvement | $3,645,550 |
|---|---|
| Total Improvement | $3,645,550 |
| Market | $4,231,029 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,231,029 |
| Value Limitation Adjustment (−) (homestead cap) | −$237,429 |
| Net Appraised (assessed) | $3,993,600 |
| Taxable Value | $3,993,600 |
|---|
Appreciation: Market value has risen +88378.2% from $4,782 (2021) to $4,231,029 (2025), a CAGR of 445.4% over 4 years. This is strong appreciation — well above typical inflation. 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 $65,653. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Assessment Gap: Assessed value ($3,993,600) is $237,429 below market value, suggesting potential for an upward assessment in future years.
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 14% of market value ($585,479 land vs $3,645,550 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 $4,231,029, 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 +445.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,416,981,717 by 2030, with an estimated annual tax burden around $91,641. 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 | 8,139 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% | $41,521.46 | $41,521.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,009.75 | $15,009.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,713.37 | $4,713.37 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $3,610.17 | $3,610.17 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $798.72 | $798.72 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $65,653.47 | $65,653.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,457,679 | $4,231,029 | +5.4% |
| Assessed Value | $4,457,679 | $3,993,600 | +11.6% |
| Land Value | $585,479 | $585,479 | +0.0% |
| Improvement Value | $3,872,200 | $3,645,550 | +6.2% |
| Taxable Value | $4,457,679 | $3,993,600 | +11.6% |
| Total Tax 2026 = estimate |
~$73,283
Estimated
|
~$65,653
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,457,679 | $4,457,679 | +0 (+0.0%) |
| Taxable Value | $4,457,679 | $4,457,679 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,457,679 | $585,479 | $3,872,200 | — | $4,457,679 | $4,457,679 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,231,029 | $585,479 | $3,645,550 | −$237,429 | $3,993,600 | $3,993,600 | ~$65,653 | Partial |
| 2024 | $3,816,111 | — | — | — | — | $— | $54,100 | Verified |
| 2023 | $1,408,173 | — | — | — | — | $— | $60,392 | Verified |
| 2022 | $600,916 | — | — | — | — | $— | $24,442 | Verified |
| 2021 | $4,782 | — | — | — | — | $— | $10,932 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.4% | +11.6% | ~100% | Not available | Partial |
| 2025 | +1.5% | -4.2% | 94.4% | Not available | Partial |
| 2024 | +9.2% | +9.2% | ~100% | 1.3000% | Verified |
| 2023 | +171.0% ! | +171.0% | ~100% | 1.5800% | Verified |
| 2022 | +134.3% ! | +134.3% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +604.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.4% | +2557.6% | +439.8% | +12466.2% | 2022 | +5.4% | 2026 |
| Assessment Ratio | 100.0% | 97.2% | — | 100.0% | 2026 | 94.4% | 2025 |
| Effective Tax Rate (2025) | 1.5500% | 1.5500% | — | 1.5500% | 2025 | 1.5500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$65,653 | $43,104 | ~$80,682 | $65,653 | 2025 | $10,932 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$23,075,712 | ~$4,392,960 | ~1.6001% | ~$70,293 | +445.4% |
| 2027 | ~$125,853,187 | ~$4,832,256 | ~1.5563% | ~$75,205 | +2874.5% |
| 2028 | ~$686,393,757 | ~$5,315,482 | ~1.5125% | ~$80,396 | +16122.9% |
| 2029 | ~$3,743,539,607 | ~$5,847,030 | ~1.4687% | ~$85,873 | +88378.2% |
| 2030 | ~$20,416,981,717 | ~$6,431,733 | ~1.4248% | ~$91,641 | +482453.6% |
| 2026 | ~$22,991,091 | ~$4,392,960 | ~1.6440% | ~$72,219 | +443.4% |
| 2027 | ~$124,931,851 | ~$4,832,256 | ~1.6440% | ~$79,441 | +2852.8% |
| 2028 | ~$678,870,223 | ~$5,315,482 | ~1.6440% | ~$87,385 | +15945.0% |
| 2029 | ~$3,688,929,416 | ~$5,847,030 | ~1.6440% | ~$96,123 | +87087.5% |
| 2030 | ~$20,045,363,282 | ~$6,431,733 | ~1.6440% | ~$105,736 | +473670.4% |
| 2026 | ~$23,160,333 | ~$4,392,960 | ~1.5782% | ~$69,331 | +447.4% |
| 2027 | ~$126,777,908 | ~$4,832,256 | ~1.5125% | ~$73,087 | +2896.4% |
| 2028 | ~$693,972,673 | ~$5,315,482 | ~1.4467% | ~$76,901 | +16302.0% |
| 2029 | ~$3,798,753,894 | ~$5,847,030 | ~1.3810% | ~$80,747 | +89683.2% |
| 2030 | ~$20,794,091,340 | ~$6,431,733 | ~1.3153% | ~$84,594 | +491366.5% |
In 2025, this property's market value of $4,231,029 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +198% 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 | $4,231,029 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,816,111 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $1,408,173 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $600,916 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $4,782 | $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.