8701 F M RD 2244 2 TX
| Owner | SEVEN OAKS WEST LP ET AL |
|---|---|
| Parcel ID | 0123340503 |
| Short ID | 873193 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 76,476 SF |
| Land SF | 592,590 SF |
| Acres | 13.604 |
| Year Built | 2020 |
| Legal | UNT UNIT 2 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 | $39,767,876 |
|---|---|
| Total Improvement | $39,767,876 |
| Market | $41,901,201 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $41,901,201 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $41,901,201 |
| Taxable Value | $41,901,201 |
|---|
Appreciation: Market value has risen +552.0% from $6,426,156 (2021) to $41,901,201 (2025), a CAGR of 59.8% 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 $587,400. 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 $39,767,876 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 $41,901,201, 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 +59.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $436,586,678 by 2030, with an estimated annual tax burden around $769,875. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 5TH | 5th Floor | 28,000 SF | ✓ |
| 3RD | 3rd Floor | 27,000 SF | ✓ |
| 2ND | 2nd Floor | 26,000 SF | ✓ |
| 4TH | 4th Floor | 26,000 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% | $348,701.79 | $348,701.79 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $157,483.57 | $157,483.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $49,453.05 | $49,453.05 | Paid |
| E09 Travis County ESD # 09 | 0.0807% | 0.0726% | 0.0735% | 0.0710% | 0.0758% | +0.0048% | $31,761.11 | $31,761.11 | Paid |
| Combined Rate | 1.6107% | 1.4941% | 1.3668% | 1.4089% | 1.4019% | -0.0070% | $587,399.52 | $587,399.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $45,923,419 | $41,901,201 | +9.6% |
| Assessed Value | $45,923,419 | $41,901,201 | +9.6% |
| Land Value | $2,133,325 | $2,133,325 | +0.0% |
| Improvement Value | $43,790,094 | $39,767,876 | +10.1% |
| Taxable Value | $45,923,419 | $41,901,201 | +9.6% |
| Total Tax 2026 = estimate |
~$643,786
Estimated
|
~$587,400
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $45,923,419 | $45,923,419 | +0 (+0.0%) |
| Taxable Value | $45,923,419 | $45,923,419 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $45,923,419 | $2,133,325 | $43,790,094 | — | $45,923,419 | $45,923,419 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $41,901,201 | $2,133,325 | $39,767,876 | — | $41,901,201 | $41,901,201 | ~$587,400 | Partial |
| 2024 | $56,500,000 | — | — | −$54,366,675 | $2,133,325 | $— | $634,011 | Verified |
| 2023 | $72,662,445 | — | — | −$70,529,120 | $2,133,325 | $— | $772,269 | Verified |
| 2022 | $66,033,073 | — | — | −$63,899,748 | $2,133,325 | $— | $1,085,666 | Verified |
| 2021 | $6,426,156 | — | — | −$4,292,831 | $2,133,325 | $— | $1,063,581 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.6% | +9.6% | ~100% | Not available | Partial |
| 2025 | -14.9% | -14.9% | ~100% | Not available | Partial |
| 2024 | -18.6% | -18.6% | ~100% | 1.2900% | Verified |
| 2023 | -16.7% | -16.7% | ~100% | 1.2800% | Verified |
| 2022 | +10.0% | +10.0% | ~100% | 1.4900% | Verified |
| 2021 | base year | — | ~100% | 16.5500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -36.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +9.6% | +179.8% | +57.0% | +927.6% | 2022 | -25.8% | 2025 |
| Assessment Ratio | 100.0% | 40.5% | — | 100.0% | 2025 | 2.9% | 2023 |
| Effective Tax Rate (2025) | 1.4000% | 1.4000% | — | 1.4000% | 2025 | 1.4000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$587,400 | $828,585 | ~$695,234 | $1,085,666 | 2022 | $587,400 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$66,956,890 | ~$46,091,321 | ~1.3497% | ~$622,079 | +59.8% |
| 2027 | ~$106,995,146 | ~$50,700,453 | ~1.2975% | ~$657,819 | +155.4% |
| 2028 | ~$170,975,104 | ~$55,770,499 | ~1.2453% | ~$694,488 | +308.0% |
| 2029 | ~$273,213,200 | ~$61,347,548 | ~1.1931% | ~$731,911 | +552.0% |
| 2030 | ~$436,586,678 | ~$67,482,303 | ~1.1409% | ~$769,875 | +941.9% |
| 2026 | ~$66,118,866 | ~$46,091,321 | ~1.4019% | ~$646,139 | +57.8% |
| 2027 | ~$104,333,631 | ~$50,700,453 | ~1.4019% | ~$710,753 | +149.0% |
| 2028 | ~$164,635,408 | ~$55,770,499 | ~1.4019% | ~$781,829 | +292.9% |
| 2029 | ~$259,789,844 | ~$61,347,548 | ~1.4019% | ~$860,012 | +520.0% |
| 2030 | ~$409,940,753 | ~$67,482,303 | ~1.4019% | ~$946,013 | +878.4% |
| 2026 | ~$67,794,914 | ~$46,091,321 | ~1.3236% | ~$610,048 | +61.8% |
| 2027 | ~$109,690,182 | ~$50,700,453 | ~1.2453% | ~$631,352 | +161.8% |
| 2028 | ~$177,475,496 | ~$55,770,499 | ~1.1670% | ~$650,817 | +323.6% |
| 2029 | ~$287,150,146 | ~$61,347,548 | ~1.0887% | ~$667,861 | +585.3% |
| 2030 | ~$464,600,512 | ~$67,482,303 | ~1.0103% | ~$681,806 | +1008.8% |
In 2025, this property's market value of $41,901,201 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 30× 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 | $41,901,201 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $56,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $72,662,445 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $66,033,073 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,426,156 | $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.