14425 FALCON HEAD BLVD F1-1 TX 78738
| Owner | HOWE CECIL 1992 LIVING TRUST & HOWE FAMILY LP |
|---|---|
| Parcel ID | 0125680708 |
| Short ID | 939763 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 8,000 SF |
| Land SF | 28,255 SF |
| Acres | 0.649 |
| Year Built | 2019 |
| Legal | UNT F1-1 UNIT F FALCONHEAD OFFICES CONDOMINIUM PLUS 10.0013 % INT IN COM AREA |
| Neighborhood | 53SWE |
| Land | $282,546 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $282,546 |
| Improvement | $2,841,524 |
|---|---|
| Total Improvement | $2,841,524 |
| Market | $3,124,070 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,124,070 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,124,070 |
| Taxable Value | $3,124,070 |
|---|
Appreciation: Market value has risen +36.9% from $2,281,845 (2022) to $3,124,070 (2025), a CAGR of 11.0% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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 +16.6%, 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 $51,359. Lake Travis ISD is the largest single contributor, at 63.2% 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 9% of market value ($282,546 land vs $2,841,524 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,124,070, 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 +11.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,273,656 by 2030, with an estimated annual tax burden around $71,688. 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 | 8,000 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% | $32,480.96 | $32,480.96 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,741.66 | $11,741.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,687.12 | $3,687.12 | Paid |
| E06 Travis County ESD # 06 | 0.1000% | 0.0867% | 0.0831% | 0.0876% | 0.0904% | +0.0028% | $2,824.13 | $2,824.13 | Paid |
| VBC City of Bee Cave | 0.0200% | 0.0200% | 0.0200% | 0.0200% | 0.0200% | +0.0000% | $624.81 | $624.81 | Paid |
| Combined Rate | 1.8193% | 1.7357% | 1.5825% | 1.6256% | 1.6440% | +0.0184% | $51,358.68 | $51,358.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,272,751 | $3,124,070 | +36.8% |
| Assessed Value | $3,748,884 | $3,124,070 | +20.0% |
| Land Value | $282,546 | $282,546 | +0.0% |
| Improvement Value | $3,990,205 | $2,841,524 | +40.4% |
| Taxable Value | $3,748,884 | $3,124,070 | +20.0% |
| HS Cap Loss | -$523,867 | — | |
| Total Tax 2026 = estimate |
~$61,630
Estimated
|
~$51,359
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,272,751 | $4,272,751 | +0 (+0.0%) |
| Taxable Value | $3,748,884 | $3,748,884 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,272,751 | $282,546 | $3,990,205 | −$523,867 | $3,748,884 | $3,748,884 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,124,070 | $282,546 | $2,841,524 | — | $3,124,070 | $3,124,070 | ~$51,359 | Partial |
| 2024 | $2,563,016 | — | — | −$2,280,470 | $282,546 | $— | $44,909 | Verified |
| 2023 | $2,425,611 | — | — | −$2,143,065 | $282,546 | $— | $40,561 | Verified |
| 2022 | $2,281,845 | — | — | −$1,999,299 | $282,546 | $— | $42,102 | Verified |
| 2021 | $— | — | — | — | $281,651 | $— | $41,513 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +36.8% | +20.0% | 87.7% | Not available | Partial |
| 2025 | +13.1% | +13.1% | ~100% | Not available | Partial |
| 2024 | +7.8% | +7.8% | ~100% | 1.6300% | Verified |
| 2023 | +5.7% | +5.7% | ~100% | 1.5800% | Verified |
| 2022 | +6.3% | +6.3% | ~100% | 1.7400% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +36.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +36.8% | +17.7% | +5.1% | +36.8% | 2026 | +5.7% | 2024 |
| Assessment Ratio | 87.7% | 44.5% | — | 100.0% | 2025 | 11.0% | 2024 |
| Effective Tax Rate (2025) | 1.6400% | 1.6400% | — | 1.6400% | 2025 | 1.6400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$51,359 | $44,733 | ~$63,115 | $51,359 | 2025 | $40,561 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,468,957 | ~$3,436,477 | ~1.6001% | ~$54,988 | +11.0% |
| 2027 | ~$3,851,919 | ~$3,780,125 | ~1.5563% | ~$58,831 | +23.3% |
| 2028 | ~$4,277,159 | ~$4,158,137 | ~1.5125% | ~$62,891 | +36.9% |
| 2029 | ~$4,749,343 | ~$4,573,951 | ~1.4687% | ~$67,176 | +52.0% |
| 2030 | ~$5,273,656 | ~$5,031,346 | ~1.4248% | ~$71,688 | +68.8% |
| 2026 | ~$3,406,476 | ~$3,406,476 | ~1.6440% | ~$56,001 | +9.0% |
| 2027 | ~$3,714,411 | ~$3,714,411 | ~1.6440% | ~$61,064 | +18.9% |
| 2028 | ~$4,050,181 | ~$4,050,181 | ~1.6440% | ~$66,584 | +29.6% |
| 2029 | ~$4,416,305 | ~$4,416,305 | ~1.6440% | ~$72,603 | +41.4% |
| 2030 | ~$4,815,525 | ~$4,815,525 | ~1.6440% | ~$79,166 | +54.1% |
| 2026 | ~$3,531,439 | ~$3,436,477 | ~1.5782% | ~$54,235 | +13.0% |
| 2027 | ~$3,991,927 | ~$3,780,125 | ~1.5125% | ~$57,174 | +27.8% |
| 2028 | ~$4,512,462 | ~$4,158,137 | ~1.4467% | ~$60,157 | +44.4% |
| 2029 | ~$5,100,872 | ~$4,573,951 | ~1.3810% | ~$63,166 | +63.3% |
| 2030 | ~$5,766,010 | ~$5,031,346 | ~1.3153% | ~$66,175 | +84.6% |
In 2025, this property's market value of $3,124,070 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +120% 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 | $3,124,070 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,563,016 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,425,611 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,281,845 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.