5117 W STATE HY 71 TX 78738
| Owner | HOERSTER ENTERPRISE LTD |
|---|---|
| Parcel ID | 0123800708 |
| Short ID | 895302 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 10,624 SF |
| Land SF | 63,276 SF |
| Acres | 1.453 |
| Year Built | 2020 |
| Legal | LOT 1B BLK A FALCONHEAD WEST PHS 1 SEC 2 & PHS 2 LTS 1A, 1B & 1C BLK A |
| Neighborhood | 61SWE |
| Land | $537,846 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $537,846 |
| Improvement | $1,219,927 |
|---|---|
| Total Improvement | $1,219,927 |
| Market | $1,757,773 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,757,773 |
| Value Limitation Adjustment (−) (homestead cap) | −$38,064 |
| Net Appraised (assessed) | $1,719,709 |
| Taxable Value | $1,719,709 |
|---|
Appreciation: Market value has risen +129.4% from $766,262 (2021) to $1,757,773 (2025), a CAGR of 23.1% 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 6 taxing entities is 1.7000% in 2025 (+0.0211% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $29,234. Lake Travis ISD is the largest single contributor, at 61.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,719,709) is $38,064 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 31% of market value ($537,846 land vs $1,219,927 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,757,773, this parcel sits in the upper-middle (50th–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 +23.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,962,433 by 2030, with an estimated annual tax burden around $40,985. 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 | 10,624 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 |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $17,879.81 | $17,879.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,463.44 | $6,463.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,029.65 | $2,029.65 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $1,554.60 | $1,554.60 | Paid |
| W17 WCID # 17 | 0.0568% | 0.0543% | 0.0533% | 0.0533% | 0.0560% | +0.0027% | $963.04 | $963.04 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $343.94 | $343.94 | Paid |
| Combined Rate | 1.8761% | 1.7900% | 1.6358% | 1.6789% | 1.7000% | +0.0211% | $29,234.48 | $29,234.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,000,000 | $1,757,773 | +13.8% |
| Assessed Value | $2,000,000 | $1,719,709 | +16.3% |
| Land Value | $537,846 | $537,846 | +0.0% |
| Improvement Value | $1,462,154 | $1,219,927 | +19.9% |
| Taxable Value | $2,000,000 | $1,719,709 | +16.3% |
| Total Tax 2026 = estimate |
~$33,999
Estimated
|
~$29,234
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,348,693 | $2,000,000 | -348,693 (-14.8%) |
| Taxable Value | $2,184,543 | $2,000,000 | -184,543 (-8.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,000,000 | $537,846 | $1,462,154 | — | $2,000,000 | $2,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,757,773 | $537,846 | $1,219,927 | −$38,064 | $1,719,709 | $1,719,709 | ~$29,234 | Partial |
| 2024 | $1,503,590 | — | — | −$965,744 | $537,846 | $— | $24,060 | Verified |
| 2023 | $1,432,272 | — | — | −$894,426 | $537,846 | $— | $24,596 | Verified |
| 2022 | $1,363,470 | — | — | −$825,624 | $537,846 | $— | $25,638 | Verified |
| 2021 | $766,262 | — | — | −$228,416 | $537,846 | $— | $25,580 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.6% | +27.0% | 93.0% | Not available | Partial |
| 2025 | +22.7% | +20.0% | 97.8% | Not available | Partial |
| 2024 | -4.7% | -4.7% | ~100% | 1.6800% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.6400% | Verified |
| 2022 | +5.0% | +5.0% | ~100% | 1.7900% | Verified |
| 2021 | base year | — | ~100% | 3.3400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +13.8% | +23.7% | +20.1% | +77.9% | 2022 | +5.0% | 2024 |
| Assessment Ratio | 100.0% | 63.5% | — | 100.0% | 2026 | 35.8% | 2024 |
| Effective Tax Rate (2025) | 1.6600% | 1.6600% | — | 1.6600% | 2025 | 1.6600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,234 | $25,822 | ~$36,021 | $29,234 | 2025 | $24,060 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,163,262 | ~$1,891,680 | ~1.6559% | ~$31,325 | +23.1% |
| 2027 | ~$2,662,291 | ~$2,080,848 | ~1.6119% | ~$33,541 | +51.5% |
| 2028 | ~$3,276,438 | ~$2,288,933 | ~1.5679% | ~$35,888 | +86.4% |
| 2029 | ~$4,032,258 | ~$2,517,826 | ~1.5239% | ~$38,368 | +129.4% |
| 2030 | ~$4,962,433 | ~$2,769,609 | ~1.4798% | ~$40,985 | +182.3% |
| 2026 | ~$2,128,107 | ~$1,891,680 | ~1.7000% | ~$32,158 | +21.1% |
| 2027 | ~$2,576,464 | ~$2,080,848 | ~1.7000% | ~$35,374 | +46.6% |
| 2028 | ~$3,119,282 | ~$2,288,933 | ~1.7000% | ~$38,911 | +77.5% |
| 2029 | ~$3,776,463 | ~$2,517,826 | ~1.7000% | ~$42,802 | +114.8% |
| 2030 | ~$4,572,102 | ~$2,769,609 | ~1.7000% | ~$47,082 | +160.1% |
| 2026 | ~$2,198,418 | ~$1,891,680 | ~1.6339% | ~$30,909 | +25.1% |
| 2027 | ~$2,749,525 | ~$2,080,848 | ~1.5679% | ~$32,625 | +56.4% |
| 2028 | ~$3,438,785 | ~$2,288,933 | ~1.5018% | ~$34,376 | +95.6% |
| 2029 | ~$4,300,832 | ~$2,517,826 | ~1.4358% | ~$36,151 | +144.7% |
| 2030 | ~$5,378,979 | ~$2,769,609 | ~1.3698% | ~$37,937 | +206.0% |
In 2025, this property's market value of $1,757,773 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +24% 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 | $1,757,773 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,503,590 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,432,272 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,363,470 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $766,262 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.