8701 F M RD 2244 1 TX
| Owner | SEVEN OAKS RE LP |
|---|---|
| Parcel ID | 0123340502 |
| Short ID | 873192 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 87,400 SF |
| Land SF | 592,590 SF |
| Acres | 13.604 |
| Year Built | 2020 |
| Legal | UNT UNIT 1 SEVEN OAKS COMMERCIAL LAND CONDOMINIUM PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 51SWE |
| Land | $2,133,325 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,133,325 |
| Improvement | $41,897,336 |
|---|---|
| Total Improvement | $41,897,336 |
| Market | $44,030,661 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $44,030,661 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $44,030,661 |
| Taxable Value | $44,030,661 |
|---|
Appreciation: Market value has risen +420.3% from $8,462,637 (2021) to $44,030,661 (2025), a CAGR of 51.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 4 taxing entities is 1.4019% in 2025 (-0.0070% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $617,252. Eanes ISD is the largest single contributor, at 59.4% 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 5% of market value ($2,133,325 land vs $41,897,336 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $44,030,661, 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 +51.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $345,992,808 by 2030, with an estimated annual tax burden around $809,001. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 152,460 SF | ✓ |
| 3RD | 3rd Floor | 33,167 SF | ✓ |
| 4TH | 4th Floor | 33,006 SF | ✓ |
| 5TH | 5th Floor | 32,998 SF | ✓ |
| 2ND | 2nd Floor | 30,757 SF | ✓ |
| 1ST | 1st Floor | 23,476 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 |
|---|---|---|---|---|---|---|---|---|---|
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $342,616.74 | $342,616.74 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $154,735.39 | $154,735.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $48,590.07 | $48,590.07 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $31,206.86 | $31,206.86 | Paid |
| Combined Rate | 1.6107% | 1.4941% | 1.3668% | 1.4089% | 1.4019% | -0.0070% | $577,149.06 | $577,149.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $53,191,376 | $44,030,661 | +20.8% |
| Assessed Value | $53,191,376 | $44,030,661 | +20.8% |
| Land Value | $2,133,325 | $2,133,325 | +0.0% |
| Improvement Value | $51,058,051 | $41,897,336 | +21.9% |
| Taxable Value | $53,191,376 | $44,030,661 | +20.8% |
| Total Tax 2026 = estimate |
~$745,673
Estimated
|
~$577,149
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $53,806,937 | $53,191,376 | -615,561 (-1.1%) |
| Taxable Value | $53,806,937 | $53,191,376 | -615,561 (-1.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $53,191,376 | $2,133,325 | $51,058,051 | — | $53,191,376 | $53,191,376 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $44,030,661 | $2,133,325 | $41,897,336 | — | $44,030,661 | $44,030,661 | ~$577,149 | Partial |
| 2024 | $51,000,000 | — | — | −$48,866,675 | $2,133,325 | $— | $528,343 | Verified |
| 2023 | $70,607,456 | — | — | −$68,474,131 | $2,133,325 | $— | $697,092 | Verified |
| 2022 | $64,759,000 | — | — | −$62,625,675 | $2,133,325 | $— | $1,054,962 | Verified |
| 2021 | $8,462,637 | — | — | −$6,329,312 | $2,133,325 | $— | $1,043,060 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.2% | +22.2% | ~100% | Not available | Partial |
| 2025 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2024 | -28.2% | -28.2% | ~100% | 1.2800% | Verified |
| 2023 | -18.7% | -18.7% | ~100% | 1.2100% | Verified |
| 2022 | +9.0% | +9.0% | ~100% | 1.4900% | Verified |
| 2021 | base year | — | ~100% | 12.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.8% | +130.7% | +45.8% | +665.2% | 2022 | -27.8% | 2024 |
| Assessment Ratio | 100.0% | 39.3% | — | 100.0% | 2025 | 3.0% | 2023 |
| Effective Tax Rate (2025) | 1.3100% | 1.3100% | — | 1.3100% | 2025 | 1.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$577,149 | $780,121 | ~$730,567 | $1,054,962 | 2022 | $528,343 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$66,499,377 | ~$48,433,727 | ~1.3497% | ~$653,693 | +51.0% |
| 2027 | ~$100,433,813 | ~$53,277,100 | ~1.2975% | ~$691,250 | +128.1% |
| 2028 | ~$151,684,891 | ~$58,604,810 | ~1.2453% | ~$729,782 | +244.5% |
| 2029 | ~$229,089,243 | ~$64,465,291 | ~1.1931% | ~$769,108 | +420.3% |
| 2030 | ~$345,992,808 | ~$70,911,820 | ~1.1409% | ~$809,001 | +685.8% |
| 2026 | ~$65,618,764 | ~$48,433,727 | ~1.4019% | ~$678,977 | +49.0% |
| 2027 | ~$97,791,450 | ~$53,277,100 | ~1.4019% | ~$746,875 | +122.1% |
| 2028 | ~$145,738,310 | ~$58,604,810 | ~1.4019% | ~$821,562 | +231.0% |
| 2029 | ~$217,193,372 | ~$64,465,291 | ~1.4019% | ~$903,718 | +393.3% |
| 2030 | ~$323,682,641 | ~$70,911,820 | ~1.4019% | ~$994,090 | +635.1% |
| 2026 | ~$67,379,990 | ~$48,433,727 | ~1.3236% | ~$641,051 | +53.0% |
| 2027 | ~$103,111,400 | ~$53,277,100 | ~1.2453% | ~$663,438 | +134.2% |
| 2028 | ~$157,791,072 | ~$58,604,810 | ~1.1670% | ~$683,892 | +258.4% |
| 2029 | ~$241,467,211 | ~$64,465,291 | ~1.0887% | ~$701,802 | +448.4% |
| 2030 | ~$369,516,560 | ~$70,911,820 | ~1.0103% | ~$716,456 | +739.2% |
In 2025, this property's market value of $44,030,661 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 31× 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 | $44,030,661 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $51,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $70,607,456 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $64,759,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,462,637 | $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.