BURNET RD TX 78758
| Owner | 5209 BURNET ROAD LP |
|---|---|
| Parcel ID | 0227030412 |
| Short ID | 227641 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 88,377 SF |
| Land SF | 130,266 SF |
| Acres | 2.990 |
| Year Built | 2023 |
| Legal | LOT 9 BLK 8 BROADACRES PLUS 1/2 OF ADJ VAC STREET |
| Neighborhood | 20CEN |
| Land | $11,626,257 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,626,257 |
| Improvement | $10,637,447 |
|---|---|
| Total Improvement | $10,637,447 |
| Market | $22,263,704 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $22,263,704 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $22,263,704 |
| Taxable Value | $22,263,704 |
|---|
Appreciation: Market value has risen +4442.1% from $490,158 (2021) to $22,263,704 (2025), a CAGR of 159.6% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Land/Vacant parcel countywide rose +283.7%, so this parcel has outpaced the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $455,623. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 52% of market value ($11,626,257 land vs $10,637,447 improvements), about $89/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $22,263,704, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, 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 +111.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $875,015,520 by 2031, with an estimated annual tax burden around $628,291. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 116,905 SF | ✓ |
| 2ND | 2nd Floor | 36,159 SF | ✓ |
| 1ST | 1st Floor | 28,359 SF | ✓ |
| 3RD | 3rd Floor | 23,859 SF | ✓ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $205,983.79 | $205,983.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $116,665.59 | $116,665.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $83,677.02 | $83,677.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $26,276.29 | $26,276.29 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $23,020.67 | $23,020.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $455,623.36 | $455,623.36 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $205,983.79 | 45.2% |
| CAT City of Austin | 0.5240% | $116,665.59 | 25.6% |
| TCO Travis County | 0.3758% | $83,677.02 | 18.4% |
| THD Travis Central Health | 0.1180% | $26,276.29 | 5.8% |
| ACT Austin Community College | 0.1034% | $23,020.67 | 5.1% |
| Total | 2.0465% | $455,623.36 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,709,801 | $22,263,704 | -7.0% |
| Assessed Value | $20,709,801 | $22,263,704 | -7.0% |
| Land Value | $11,626,257 | $11,626,257 | +0.0% |
| Improvement Value | $9,083,544 | $10,637,447 | -14.6% |
| Taxable Value | $20,709,801 | $22,263,704 | -7.0% |
| Total Tax 2026 = estimate |
~$423,823
Estimated
|
~$455,623
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $20,709,801 | $11,626,257 | $9,083,544 | — | $20,709,801 | $20,709,801 | Not yet — post-cert | Preliminary |
| 2025 | $22,263,704 | $11,626,257 | $10,637,447 | — | $22,263,704 | $22,263,704 | ~$455,623 | Partial |
| 2024 | $17,801,051 | $11,626,257 | $6,174,794 | — | $17,801,051 | $17,801,051 | $352,784 | Verified |
| 2023 | $7,892,947 | $2,735,590 | $5,157,357 | — | $7,892,947 | $7,892,947 | $142,803 | Verified |
| 2022 | $560,611 | $549,748 | $10,863 | — | $560,611 | $560,611 | $11,072 | Verified |
| 2021 | $490,158 | $478,087 | $12,071 | — | $490,158 | $490,158 | $10,669 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2025 | +25.1% | +25.1% | ~100% | Not available | Partial |
| 2024 | +125.5% ! | +125.5% | ~100% | No billing data | Verified |
| 2023 | +1307.9% ! | +1307.9% | ~100% | No billing data | Verified |
| 2022 | +14.4% | +14.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4442.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +293.2% | +111.4% | +1307.9% | 2023 | -7.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$455,623 | $194,590 | ~$540,366 | $455,623 | 2025 | $10,669 | 2021 |
Market value changed by 1308% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$43,786,869 | ~$22,780,781 | ~2.0139% | ~$458,790 | +111.4% |
| 2028 | ~$92,578,866 | ~$25,058,859 | ~1.9814% | ~$496,513 | +347.0% |
| 2029 | ~$195,740,108 | ~$27,564,745 | ~1.9488% | ~$537,193 | +845.2% |
| 2030 | ~$413,854,603 | ~$30,321,220 | ~1.9163% | ~$581,043 | +1898.4% |
| 2031 | ~$875,015,520 | ~$33,353,342 | ~1.8837% | ~$628,291 | +4125.1% |
| 2027 | ~$43,372,673 | ~$22,780,781 | ~2.0465% | ~$466,205 | +109.4% |
| 2028 | ~$90,835,675 | ~$25,058,859 | ~2.0465% | ~$512,826 | +338.6% |
| 2029 | ~$190,237,755 | ~$27,564,745 | ~2.0465% | ~$564,108 | +818.6% |
| 2030 | ~$398,416,186 | ~$30,321,220 | ~2.0465% | ~$620,519 | +1823.8% |
| 2031 | ~$834,405,649 | ~$33,353,342 | ~2.0465% | ~$682,571 | +3929.0% |
| 2027 | ~$44,201,065 | ~$22,780,781 | ~1.9977% | ~$455,083 | +113.4% |
| 2028 | ~$94,338,625 | ~$25,058,859 | ~1.9488% | ~$488,357 | +355.5% |
| 2029 | ~$201,347,550 | ~$27,564,745 | ~1.9000% | ~$523,735 | +872.2% |
| 2030 | ~$429,737,406 | ~$30,321,220 | ~1.8512% | ~$561,305 | +1975.0% |
| 2031 | ~$917,191,383 | ~$33,353,342 | ~1.8024% | ~$601,151 | +4328.8% |
In 2025, this property's market value of $22,263,704 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 264× the county median of $84,423. 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 | $22,263,704 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $17,801,051 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $7,892,947 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $560,611 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $490,158 | $8,000 | $22,000 | $81,900 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |