5408 BURNET RD TX 78756
| Owner | 5408 BURNET ROAD LLC |
|---|---|
| Parcel ID | 0229030731 |
| Short ID | 229674 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,982 SF |
| Land SF | 22,500 SF |
| Acres | 0.517 |
| Year Built | 1956 |
| Legal | W140FT OF LOT 3 *& W140FT OF N25FT OF LOT 2 *PLUS S50FT OF E100FT LOT 12 BLK 2 SHOALMONT ADDN RESUB |
| Neighborhood | 32CEN |
| Land | $2,250,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,250,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,245,242 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,245,242 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,245,242 |
| Taxable Value | $2,245,242 |
|---|
Appreciation: Market value has risen +26.1% from $1,780,833 (2021) to $2,245,242 (2025), a CAGR of 6.0% over 4 years. This represents moderate, steady growth. 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 +17.8%, so this parcel has outpaced the broader commercial 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 $45,949. Austin ISD is the largest single contributor, at 45.2% 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 100% of market value ($2,250,000 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~70-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,245,242, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +5.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,992,975 by 2031, with an estimated annual tax burden around $56,380. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 16,866 SF | ✗ |
| 1ST | 1st Floor | 2,676 SF | ✓ |
| 501 | CANOPY | 1,508 SF | ✗ |
| 611 | TERRACE | 1,388 SF | ✗ |
| 2ND | 2nd Floor | 306 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $20,772.98 | $20,772.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,765.45 | $11,765.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,438.63 | $8,438.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,649.90 | $2,649.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,321.58 | $2,321.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,948.54 | $45,948.54 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $20,772.98 | 45.2% |
| CAT City of Austin | 0.5240% | $11,765.45 | 25.6% |
| TCO Travis County | 0.3758% | $8,438.63 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,649.90 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,321.58 | 5.1% |
| Total | 2.0465% | $45,948.54 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,308,677 | $2,245,242 | +2.8% |
| Assessed Value | $2,308,677 | $2,245,242 | +2.8% |
| Land Value | $2,250,000 | $2,250,000 | +0.0% |
| Improvement Value | $58,677 | — | — |
| Taxable Value | $2,308,677 | $2,245,242 | +2.8% |
| Total Tax 2026 = estimate |
~$47,247
Estimated
|
~$45,949
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,308,677 | $2,250,000 | $58,677 | — | $2,308,677 | $2,308,677 | Not yet — post-cert | Preliminary |
| 2025 | $2,245,242 | $2,250,000 | — | — | $2,245,242 | $2,245,242 | ~$45,949 | Partial |
| 2024 | $2,189,941 | $2,250,000 | — | — | $2,189,941 | $2,189,941 | $43,401 | Verified |
| 2023 | $2,135,000 | $2,250,000 | — | — | $2,135,000 | $2,135,000 | $36,318 | Verified |
| 2022 | $2,105,834 | $2,250,000 | — | — | $2,105,834 | $2,105,834 | $35,850 | Verified |
| 2021 | $1,780,833 | $1,700,000 | $80,833 | — | $1,780,833 | $1,780,833 | $35,016 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.8% | +2.8% | ~100% | Not available | Partial |
| 2025 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2024 | +2.6% | +2.6% | ~100% | No billing data | Verified |
| 2023 | +1.4% | +1.4% | ~100% | No billing data | Verified |
| 2022 | +18.2% | +18.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.8% | +5.5% | +5.3% | +18.2% | 2022 | +1.4% | 2023 |
| 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 |
$45,949 | $39,307 | ~$52,626 | $45,949 | 2025 | $35,016 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,431,707 | ~$2,431,707 | ~2.0139% | ~$48,973 | +5.3% |
| 2028 | ~$2,561,292 | ~$2,561,292 | ~1.9814% | ~$50,749 | +10.9% |
| 2029 | ~$2,697,784 | ~$2,697,784 | ~1.9488% | ~$52,575 | +16.9% |
| 2030 | ~$2,841,549 | ~$2,841,549 | ~1.9163% | ~$54,452 | +23.1% |
| 2031 | ~$2,992,975 | ~$2,992,975 | ~1.8837% | ~$56,380 | +29.6% |
| 2027 | ~$2,385,533 | ~$2,385,533 | ~2.0465% | ~$48,820 | +3.3% |
| 2028 | ~$2,464,948 | ~$2,464,948 | ~2.0465% | ~$50,445 | +6.8% |
| 2029 | ~$2,547,006 | ~$2,547,006 | ~2.0465% | ~$52,124 | +10.3% |
| 2030 | ~$2,631,796 | ~$2,631,796 | ~2.0465% | ~$53,859 | +14.0% |
| 2031 | ~$2,719,409 | ~$2,719,409 | ~2.0465% | ~$55,652 | +17.8% |
| 2027 | ~$2,477,880 | ~$2,477,880 | ~1.9977% | ~$49,500 | +7.3% |
| 2028 | ~$2,659,484 | ~$2,659,484 | ~1.9488% | ~$51,829 | +15.2% |
| 2029 | ~$2,854,398 | ~$2,854,398 | ~1.9000% | ~$54,234 | +23.6% |
| 2030 | ~$3,063,597 | ~$3,063,597 | ~1.8512% | ~$56,713 | +32.7% |
| 2031 | ~$3,288,128 | ~$3,288,128 | ~1.8024% | ~$59,264 | +42.4% |
In 2025, this property's market value of $2,245,242 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +62% above the county median of $1,382,921. 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 | $2,245,242 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,189,941 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $2,135,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,105,834 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,780,833 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 | — |