BURNET RD AUSTIN, TX 78758
| Owner | DOMAIN RETAIL PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0256081121 |
| Short ID | 876827 |
| Type | Real |
| Use Code | 40 Regional Shopping Center |
| Valuation | Income |
| Improvement SF | 18,401 SF |
| Land SF | 40,816 SF |
| Acres | 0.937 |
| Year Built | 2015 |
| Legal | LOT 1C NORDSTROM SUBD |
| Neighborhood | 40NOR |
| Land | $3,469,336 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,469,336 |
| Improvement | $8,937,776 |
|---|---|
| Total Improvement | $8,937,776 |
| Market | $12,407,112 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,407,112 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,407,112 |
| Taxable Value | $12,407,112 |
|---|
Appreciation: Market value has fallen -1.0% from $12,536,648 (2021) to $12,407,112 (2025), a CAGR of -0.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $253,910. 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 28% of market value ($3,469,336 land vs $8,937,776 improvements), about $85/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,407,112, 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 -1.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $10,582,933 by 2031, with an estimated annual tax burden around $199,355. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 18,401 SF | ✓ |
| 501 | CANOPY | 1,033 SF | ✗ |
| 611 | TERRACE | 1,033 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% | $114,790.60 | $114,790.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $65,015.38 | $65,015.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $46,631.51 | $46,631.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,643.25 | $14,643.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,828.95 | $12,828.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $253,909.69 | $253,909.69 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $114,790.60 | 45.2% |
| CAT City of Austin | 0.5240% | $65,015.38 | 25.6% |
| TCO Travis County | 0.3758% | $46,631.51 | 18.4% |
| THD Travis Central Health | 0.1180% | $14,643.25 | 5.8% |
| ACT Austin Community College | 0.1034% | $12,828.95 | 5.1% |
| Total | 2.0465% | $253,909.69 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,518,442 | $12,407,112 | -7.2% |
| Assessed Value | $11,518,442 | $12,407,112 | -7.2% |
| Land Value | $3,469,336 | $3,469,336 | +0.0% |
| Improvement Value | $8,049,106 | $8,937,776 | -9.9% |
| Taxable Value | $11,518,442 | $12,407,112 | -7.2% |
| Total Tax 2026 = estimate |
~$235,723
Estimated
|
~$253,910
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,518,442 | $3,469,336 | $8,049,106 | — | $11,518,442 | $11,518,442 | Not yet — post-cert | Preliminary |
| 2025 | $12,407,112 | $3,469,336 | $8,937,776 | — | $12,407,112 | $12,407,112 | ~$253,910 | Partial |
| 2024 | $12,644,077 | $3,469,336 | $9,174,741 | — | $12,644,077 | $12,644,077 | $250,582 | Verified |
| 2023 | $13,918,000 | $3,469,336 | $10,448,664 | — | $13,918,000 | $13,918,000 | $230,671 | Verified |
| 2022 | $13,494,800 | $2,653,022 | $10,841,778 | — | $13,494,800 | $13,494,800 | $249,017 | Verified |
| 2021 | $12,536,648 | $2,448,943 | $10,087,705 | — | $12,536,648 | $12,536,648 | $266,942 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | -9.2% | -9.2% | ~100% | No billing data | Verified |
| 2023 | +3.1% | +3.1% | ~100% | No billing data | Verified |
| 2022 | +7.6% | +7.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.2% | -1.5% | -1.7% | +7.6% | 2022 | -9.2% | 2024 |
| 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 |
$253,910 | $250,224 | ~$213,534 | $266,942 | 2021 | $230,671 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$11,324,948 | ~$11,324,948 | ~2.0139% | ~$228,077 | -1.7% |
| 2028 | ~$11,134,704 | ~$11,134,704 | ~1.9814% | ~$220,622 | -3.3% |
| 2029 | ~$10,947,656 | ~$10,947,656 | ~1.9488% | ~$213,352 | -5.0% |
| 2030 | ~$10,763,750 | ~$10,763,750 | ~1.9163% | ~$206,265 | -6.6% |
| 2031 | ~$10,582,933 | ~$10,582,933 | ~1.8837% | ~$199,355 | -8.1% |
| 2027 | ~$11,094,579 | ~$11,094,579 | ~2.0465% | ~$227,049 | -3.7% |
| 2028 | ~$10,686,313 | ~$10,686,313 | ~2.0465% | ~$218,694 | -7.2% |
| 2029 | ~$10,293,071 | ~$10,293,071 | ~2.0465% | ~$210,646 | -10.6% |
| 2030 | ~$9,914,300 | ~$9,914,300 | ~2.0465% | ~$202,895 | -13.9% |
| 2031 | ~$9,549,467 | ~$9,549,467 | ~2.0465% | ~$195,428 | -17.1% |
| 2027 | ~$11,555,316 | ~$11,555,316 | ~1.9977% | ~$230,836 | +0.3% |
| 2028 | ~$11,592,309 | ~$11,592,309 | ~1.9488% | ~$225,915 | +0.6% |
| 2029 | ~$11,629,420 | ~$11,629,420 | ~1.9000% | ~$220,961 | +1.0% |
| 2030 | ~$11,666,650 | ~$11,666,650 | ~1.8512% | ~$215,972 | +1.3% |
| 2031 | ~$11,703,998 | ~$11,703,998 | ~1.8024% | ~$210,949 | +1.6% |
In 2025, this property's market value of $12,407,112 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× 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 | $12,407,112 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $12,644,077 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $13,918,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $13,494,800 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $12,536,648 | $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 | — |