7113 BURNET RD TX 78757
| Owner | THE SAINT GEORGE APARTMENTS L P |
|---|---|
| Parcel ID | 0235040306 |
| Short ID | 237444 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 261,525 SF |
| Land SF | 191,146 SF |
| Acres | 4.388 |
| Year Built | 2022 |
| Legal | LOT 1 RONAN SUBD |
| Neighborhood | 43CEN |
| Land | $11,698,135 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,698,135 |
| Improvement | $54,003,866 |
|---|---|
| Total Improvement | $54,003,866 |
| Market | $65,702,001 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,702,001 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,702,001 |
| Taxable Value | $65,702,001 |
|---|
Appreciation: Market value has risen +491.7% from $11,103,450 (2021) to $65,702,001 (2025), a CAGR of 56.0% 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 Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family 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 $1,344,582. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 18% of market value ($11,698,135 land vs $54,003,866 improvements), about $61/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,702,001, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +50.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $674,379,461 by 2031, with an estimated annual tax burden around $2,625,222. 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 | 261,525 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% | $607,874.91 | $607,874.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $344,289.65 | $344,289.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,937.69 | $246,937.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,543.47 | $77,543.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,935.87 | $67,935.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,344,581.59 | $1,344,581.59 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $607,874.91 | 45.2% |
| CAT City of Austin | 0.5240% | $344,289.65 | 25.6% |
| TCO Travis County | 0.3758% | $246,937.69 | 18.4% |
| THD Travis Central Health | 0.1180% | $77,543.47 | 5.8% |
| ACT Austin Community College | 0.1034% | $67,935.87 | 5.1% |
| Total | 2.0465% | $1,344,581.59 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $86,532,876 | $65,702,001 | +31.7% |
| Assessed Value | $86,532,876 | $65,702,001 | +31.7% |
| Land Value | $16,247,410 | $11,698,135 | +38.9% |
| Improvement Value | $70,285,466 | $54,003,866 | +30.1% |
| Taxable Value | $86,532,876 | $65,702,001 | +31.7% |
| Total Tax 2026 = estimate |
~$1,770,882
Estimated
|
~$1,344,582
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $86,532,876 | $16,247,410 | $70,285,466 | — | $86,532,876 | $86,532,876 | Not yet — post-cert | Preliminary |
| 2025 | $65,702,001 | $11,698,135 | $54,003,866 | — | $65,702,001 | $65,702,001 | ~$1,344,582 | Partial |
| 2024 | $42,877,930 | $11,698,135 | $31,179,795 | — | $42,877,930 | $42,877,930 | $849,761 | Verified |
| 2023 | $13,085,944 | $11,698,135 | $1,387,809 | — | $13,085,944 | $13,085,944 | $236,757 | Verified |
| 2022 | $12,912,979 | $11,698,135 | $1,214,844 | — | $12,912,979 | $12,912,979 | $255,021 | Verified |
| 2021 | $11,103,450 | $10,321,884 | $781,566 | — | $11,103,450 | $11,103,450 | $239,280 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.7% | +31.7% | ~100% | Not available | Partial |
| 2025 | +53.2% | +53.2% | ~100% | Not available | Partial |
| 2024 | +227.7% ! | +227.7% | ~100% | No billing data | Verified |
| 2023 | +1.3% | +1.3% | ~100% | No billing data | Verified |
| 2022 | +16.3% | +16.3% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +491.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.7% | +66.0% | +50.8% | +227.7% | 2024 | +1.3% | 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 |
$1,344,582 | $585,080 | ~$2,257,840 | $1,344,582 | 2025 | $236,757 | 2023 |
Market value changed by 228% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$130,474,541 | ~$95,186,164 | ~2.0139% | ~$1,916,989 | +50.8% |
| 2028 | ~$196,729,921 | ~$104,704,780 | ~1.9814% | ~$2,074,608 | +127.3% |
| 2029 | ~$296,629,989 | ~$115,175,258 | ~1.9488% | ~$2,244,581 | +242.8% |
| 2030 | ~$447,259,625 | ~$126,692,784 | ~1.9163% | ~$2,427,802 | +416.9% |
| 2031 | ~$674,379,461 | ~$139,362,062 | ~1.8837% | ~$2,625,222 | +679.3% |
| 2027 | ~$128,743,883 | ~$95,186,164 | ~2.0465% | ~$1,947,971 | +48.8% |
| 2028 | ~$191,545,552 | ~$104,704,780 | ~2.0465% | ~$2,142,768 | +121.4% |
| 2029 | ~$284,982,071 | ~$115,175,258 | ~2.0465% | ~$2,357,044 | +229.3% |
| 2030 | ~$423,997,217 | ~$126,692,784 | ~2.0465% | ~$2,592,749 | +390.0% |
| 2031 | ~$630,824,384 | ~$139,362,062 | ~2.0465% | ~$2,852,024 | +629.0% |
| 2027 | ~$132,205,198 | ~$95,186,164 | ~1.9977% | ~$1,901,498 | +52.8% |
| 2028 | ~$201,983,515 | ~$104,704,780 | ~1.9488% | ~$2,040,528 | +133.4% |
| 2029 | ~$308,591,046 | ~$115,175,258 | ~1.9000% | ~$2,188,349 | +256.6% |
| 2030 | ~$471,466,365 | ~$126,692,784 | ~1.8512% | ~$2,345,329 | +444.8% |
| 2031 | ~$720,307,787 | ~$139,362,062 | ~1.8024% | ~$2,511,822 | +732.4% |
In 2025, this property's market value of $65,702,001 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 127× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $65,702,001 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $42,877,930 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $13,085,944 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $12,912,979 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $11,103,450 | $353,349 | $436,046 | $657,886 | ↑ 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 | — |