13205 BURNET RD 2 TX
| Owner | MOPAC HOTEL DEVELOPMENT LP |
|---|---|
| Parcel ID | 0268161303 |
| Short ID | 937591 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 59,931 SF |
| Land SF | 141,793 SF |
| Acres | 3.255 |
| Year Built | 2021 |
| Legal | UNT 2 MOPAC HOTEL DEVELOPMENT CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 35NO3 |
| Land | $1,701,516 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,701,516 |
| Improvement | $13,827,294 |
|---|---|
| Total Improvement | $13,827,294 |
| Market | $15,528,810 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,528,810 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,528,810 |
| Taxable Value | $15,528,810 |
|---|
Appreciation: Market value has risen +536.9% from $2,438,169 (2021) to $15,528,810 (2025), a CAGR of 58.9% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $317,795. 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 11% of market value ($1,701,516 land vs $13,827,294 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,528,810, 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 +51.1% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $151,380,240 by 2031, with an estimated annual tax burden around $582,843. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 99,353 SF | ✗ |
| 551 | PAVED AREA | 55,000 SF | ✗ |
| 1ST | 1st Floor | 20,509 SF | ✓ |
| 2ND | 2nd Floor | 19,711 SF | ✓ |
| 3RD | 3rd Floor | 19,711 SF | ✓ |
| 4TH | 4th Floor | 19,711 SF | ✓ |
| 5TH | 5th Floor | 19,711 SF | ✓ |
| 482 | LIGHT POLES | 10 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% | $143,672.55 | $143,672.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $81,373.60 | $81,373.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $58,364.26 | $58,364.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,327.57 | $18,327.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,056.79 | $16,056.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $317,794.77 | $317,794.77 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $143,672.55 | 45.2% |
| CAT City of Austin | 0.5240% | $81,373.60 | 25.6% |
| TCO Travis County | 0.3758% | $58,364.26 | 18.4% |
| THD Travis Central Health | 0.1180% | $18,327.57 | 5.8% |
| ACT Austin Community College | 0.1034% | $16,056.79 | 5.1% |
| Total | 2.0465% | $317,794.77 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $19,211,731 | $15,528,810 | +23.7% |
| Assessed Value | $19,211,731 | $15,528,810 | +23.7% |
| Land Value | $1,701,516 | $1,701,516 | +0.0% |
| Improvement Value | $17,510,215 | $13,827,294 | +26.6% |
| Taxable Value | $19,211,731 | $15,528,810 | +23.7% |
| Total Tax 2026 = estimate |
~$393,165
Estimated
|
~$317,795
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $19,211,731 | $1,701,516 | $17,510,215 | — | $19,211,731 | $19,211,731 | Not yet — post-cert | Preliminary |
| 2025 | $15,528,810 | $1,701,516 | $13,827,294 | — | $15,528,810 | $15,528,810 | ~$317,795 | Partial |
| 2024 | $20,392,796 | $1,701,516 | $18,691,280 | — | $20,392,796 | $20,392,796 | $307,752 | Verified |
| 2023 | $10,300,000 | $1,701,516 | $8,598,484 | — | $10,300,000 | $10,300,000 | $186,352 | Verified |
| 2022 | $8,050,000 | $1,701,516 | $6,348,484 | — | $8,050,000 | $8,050,000 | $158,981 | Verified |
| 2021 | $2,438,169 | $1,701,516 | $736,653 | — | $2,438,169 | $2,438,169 | $53,071 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.7% | +23.7% | ~100% | Not available | Partial |
| 2025 | -23.9% | -23.9% | ~100% | Not available | Partial |
| 2024 | +98.0% ! | +98.0% | ~100% | No billing data | Verified |
| 2023 | +28.0% | +28.0% | ~100% | No billing data | Verified |
| 2022 | +230.2% ! | +230.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +536.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.7% | +71.2% | +51.1% | +230.2% | 2022 | -23.9% | 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 |
$317,795 | $204,790 | ~$501,278 | $317,795 | 2025 | $53,071 | 2021 |
Market value changed by 230% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$29,031,337 | ~$21,132,904 | ~2.0139% | ~$425,603 | +51.1% |
| 2028 | ~$43,869,994 | ~$23,246,195 | ~1.9814% | ~$460,597 | +128.4% |
| 2029 | ~$66,293,067 | ~$25,570,814 | ~1.9488% | ~$498,334 | +245.1% |
| 2030 | ~$100,177,145 | ~$28,127,895 | ~1.9163% | ~$539,012 | +421.4% |
| 2031 | ~$151,380,240 | ~$30,940,685 | ~1.8837% | ~$582,843 | +688.0% |
| 2027 | ~$28,647,102 | ~$21,132,904 | ~2.0465% | ~$432,482 | +49.1% |
| 2028 | ~$42,716,425 | ~$23,246,195 | ~2.0465% | ~$475,730 | +122.3% |
| 2029 | ~$63,695,551 | ~$25,570,814 | ~2.0465% | ~$523,303 | +231.5% |
| 2030 | ~$94,978,062 | ~$28,127,895 | ~2.0465% | ~$575,633 | +394.4% |
| 2031 | ~$141,624,211 | ~$30,940,685 | ~2.0465% | ~$633,196 | +637.2% |
| 2027 | ~$29,415,572 | ~$21,132,904 | ~1.9977% | ~$422,164 | +53.1% |
| 2028 | ~$45,038,932 | ~$23,246,195 | ~1.9488% | ~$453,031 | +134.4% |
| 2029 | ~$68,960,258 | ~$25,570,814 | ~1.9000% | ~$485,850 | +258.9% |
| 2030 | ~$105,586,810 | ~$28,127,895 | ~1.8512% | ~$520,702 | +449.6% |
| 2031 | ~$161,666,660 | ~$30,940,685 | ~1.8024% | ~$557,666 | +741.5% |
In 2025, this property's market value of $15,528,810 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 11× 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 | $15,528,810 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $20,392,796 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $10,300,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $8,050,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $2,438,169 | $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 | — |