7844 BURNET RD TX 78757
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0238050103 |
| Short ID | 241257 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,244 SF |
| Land SF | 48,874 SF |
| Acres | 1.122 |
| Year Built | 1998 |
| Legal | 1.1220 AC OF LOT 1 NORTHCROSS SEC 1 |
| Neighborhood | 48CEN |
| Land | $3,909,946 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,909,946 |
| Improvement | $452,287 |
|---|---|
| Total Improvement | $452,287 |
| Market | $4,362,233 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,362,233 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,362,233 |
| Taxable Value | $4,362,233 |
|---|
Appreciation: Market value has risen +17.7% from $3,707,078 (2021) to $4,362,233 (2025), a CAGR of 4.2% 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 lagged 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 $89,272. 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 90% of market value ($3,909,946 land vs $452,287 improvements), about $80/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,362,233, this parcel sits in the top quartile (≥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 +3.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $5,171,262 by 2031, with an estimated annual tax burden around $97,413. 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 | 15,000 SF | ✗ |
| 501 | CANOPY | 6,006 SF | ✗ |
| 1ST | 1st Floor | 3,244 SF | ✓ |
| 611 | TERRACE | 942 SF | ✗ |
| 403 | CARWASH DRIVE-THRU | 914 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $40,359.38 | $40,359.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,858.84 | $22,858.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,395.23 | $16,395.23 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,148.44 | $5,148.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,510.55 | $4,510.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $89,272.44 | $89,272.44 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $40,359.38 | 45.2% |
| CAT City of Austin | 0.5240% | $22,858.84 | 25.6% |
| TCO Travis County | 0.3758% | $16,395.23 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,148.44 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,510.55 | 5.1% |
| Total | 2.0465% | $89,272.44 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,378,387 | $4,362,233 | +0.4% |
| Assessed Value | $4,378,387 | $4,362,233 | +0.4% |
| Land Value | $3,909,946 | $3,909,946 | +0.0% |
| Improvement Value | $468,441 | $452,287 | +3.6% |
| Taxable Value | $4,378,387 | $4,362,233 | +0.4% |
| Total Tax 2026 = estimate |
~$89,603
Estimated
|
~$89,272
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $4,378,387 | $3,909,946 | $468,441 | — | $4,378,387 | $4,378,387 | Not yet — post-cert | Preliminary |
| 2025 | $4,362,233 | $3,909,946 | $452,287 | — | $4,362,233 | $4,362,233 | ~$89,272 | Partial |
| 2024 | $4,360,300 | $3,909,946 | $450,354 | — | $4,360,300 | $4,360,300 | $86,413 | Verified |
| 2023 | $4,343,827 | $3,909,946 | $433,881 | — | $4,343,827 | $4,343,827 | $78,591 | Verified |
| 2022 | $4,195,000 | $3,909,946 | $285,054 | — | $4,195,000 | $4,195,000 | $82,848 | Verified |
| 2021 | $3,707,078 | $3,421,202 | $285,876 | — | $3,707,078 | $3,707,078 | $80,691 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | No billing data | Verified |
| 2023 | +3.5% | +3.5% | ~100% | No billing data | Verified |
| 2022 | +13.2% | +13.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | +3.5% | +3.4% | +13.2% | 2022 | +0.0% | 2025 |
| 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 |
$89,272 | $83,563 | ~$94,288 | $89,272 | 2025 | $78,591 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$4,526,584 | ~$4,526,584 | ~2.0139% | ~$91,163 | +3.4% |
| 2028 | ~$4,679,798 | ~$4,679,798 | ~1.9814% | ~$92,725 | +6.9% |
| 2029 | ~$4,838,198 | ~$4,838,198 | ~1.9488% | ~$94,289 | +10.5% |
| 2030 | ~$5,001,958 | ~$5,001,958 | ~1.9163% | ~$95,852 | +14.2% |
| 2031 | ~$5,171,262 | ~$5,171,262 | ~1.8837% | ~$97,413 | +18.1% |
| 2027 | ~$4,439,017 | ~$4,439,017 | ~2.0465% | ~$90,844 | +1.4% |
| 2028 | ~$4,500,486 | ~$4,500,486 | ~2.0465% | ~$92,102 | +2.8% |
| 2029 | ~$4,562,807 | ~$4,562,807 | ~2.0465% | ~$93,377 | +4.2% |
| 2030 | ~$4,625,990 | ~$4,625,990 | ~2.0465% | ~$94,670 | +5.7% |
| 2031 | ~$4,690,048 | ~$4,690,048 | ~2.0465% | ~$95,981 | +7.1% |
| 2027 | ~$4,614,152 | ~$4,614,152 | ~1.9977% | ~$92,175 | +5.4% |
| 2028 | ~$4,862,613 | ~$4,862,613 | ~1.9488% | ~$94,765 | +11.1% |
| 2029 | ~$5,124,452 | ~$5,124,452 | ~1.9000% | ~$97,365 | +17.0% |
| 2030 | ~$5,400,391 | ~$5,400,391 | ~1.8512% | ~$99,972 | +23.3% |
| 2031 | ~$5,691,189 | ~$5,691,189 | ~1.8024% | ~$102,576 | +30.0% |
In 2025, this property's market value of $4,362,233 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 3× 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 | $4,362,233 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,360,300 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,343,827 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,195,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $3,707,078 | $538,645 | $1,173,514 | $2,782,974 | ↑ 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 | — |