W STATE HY 71 TX 78738
| Owner | BARTON CREEK PLAZA BUILDING LTD |
|---|---|
| Parcel ID | 0121700302 |
| Short ID | 785807 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 35,201 SF |
| Acres | 0.808 |
| Year Built | — |
| Legal | LOT 3 BLK A OLD BEE CAVES SQUARE |
| Neighborhood | 1SW3 |
| Land | $506,892 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $506,892 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $506,892 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $506,892 |
| Value Limitation Adjustment (−) (homestead cap) | −$63,361 |
| Net Appraised (assessed) | $443,531 |
| Taxable Value | $443,531 |
|---|
Appreciation: Market value has risen +60.0% from $316,800 (2021) to $506,892 (2025), a CAGR of 12.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $7,292. Lake Travis ISD is the largest single contributor, at 63.2% of the total 2025 levy.
Assessment Gap: Assessed value ($443,531) is $63,361 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 100% of market value ($506,892 land vs $0 improvements), about $14/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $506,892, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +12.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $912,175 by 2030, with an estimated annual tax burden around $12,997. 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.
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% | $3,842.82 | $3,842.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,389.16 | $1,389.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $436.22 | $436.22 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $334.12 | $334.12 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $73.92 | $73.92 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $6,076.24 | $6,076.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $506,892 | $506,892 | +0.0% |
| Assessed Value | $443,531 | $443,531 | +0.0% |
| Land Value | $506,892 | $506,892 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $443,531 | $443,531 | +0.0% |
| HS Cap Loss | -$63,361 | — | |
| Total Tax 2026 = estimate |
~$7,292
Estimated
|
~$6,076
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $506,892 | $506,892 | +0 (+0.0%) |
| Taxable Value | $443,531 | $443,531 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $506,892 | $506,892 | — | −$63,361 | $443,531 | $443,531 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $506,892 | $506,892 | — | −$63,361 | $443,531 | $443,531 | ~$6,076 | Partial |
| 2024 | $— | — | — | — | $369,609 | $— | $6,008 | Verified |
| 2023 | $— | — | — | — | $506,892 | $— | $5,849 | Verified |
| 2022 | $— | — | — | — | $360,800 | $— | $6,262 | Verified |
| 2021 | $316,800 | — | — | — | $316,800 | $— | $5,763 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | 87.5% | Not available | Partial |
| 2025 | +0.0% | +0.0% | 87.5% | Not available | Partial |
| 2024 | +0.0% | -12.5% | 87.5% | 1.1900% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.1500% | Verified |
| 2022 | +60.0% | +60.0% | ~100% | 1.2400% | Verified |
| 2021 | base year | — | ~100% | 1.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +30.0% | +12.5% | +60.0% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 87.5% | 91.7% | — | 100.0% | 2021 | 87.5% | 2025 |
| Effective Tax Rate (2025) | 1.2000% | 1.2000% | — | 1.2000% | 2025 | 1.2000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$6,076 | $5,920 | ~$10,983 | $6,076 | 2025 | $5,763 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$570,096 | ~$570,096 | ~1.6001% | ~$9,122 | +12.5% |
| 2027 | ~$641,181 | ~$641,181 | ~1.5563% | ~$9,979 | +26.5% |
| 2028 | ~$721,129 | ~$721,129 | ~1.5125% | ~$10,907 | +42.3% |
| 2029 | ~$811,046 | ~$811,046 | ~1.4687% | ~$11,911 | +60.0% |
| 2030 | ~$912,175 | ~$912,175 | ~1.4248% | ~$12,997 | +80.0% |
| 2026 | ~$559,958 | ~$559,958 | ~1.6440% | ~$9,206 | +10.5% |
| 2027 | ~$618,580 | ~$618,580 | ~1.6440% | ~$10,169 | +22.0% |
| 2028 | ~$683,338 | ~$683,338 | ~1.6440% | ~$11,234 | +34.8% |
| 2029 | ~$754,877 | ~$754,877 | ~1.6440% | ~$12,410 | +48.9% |
| 2030 | ~$833,904 | ~$833,904 | ~1.6440% | ~$13,709 | +64.5% |
| 2026 | ~$580,234 | ~$580,234 | ~1.5782% | ~$9,157 | +14.5% |
| 2027 | ~$664,187 | ~$664,187 | ~1.5125% | ~$10,046 | +31.0% |
| 2028 | ~$760,288 | ~$760,288 | ~1.4467% | ~$10,999 | +50.0% |
| 2029 | ~$870,294 | ~$870,294 | ~1.3810% | ~$12,019 | +71.7% |
| 2030 | ~$996,216 | ~$996,216 | ~1.3153% | ~$13,103 | +96.5% |
In 2025, this property's market value of $506,892 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 6× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $506,892 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $316,800 | $6,000 | $14,480 | $80,000 | ↑ 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.