4701 BURNET RD TX 78756
| Owner | PHOENICIA BAKERY & DELI INC |
|---|---|
| Parcel ID | 0224030202 |
| Short ID | 223166 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,492 SF |
| Land SF | 14,922 SF |
| Acres | 0.343 |
| Year Built | 1998 |
| Legal | 132.05X113FT OF ABS 697 SUR 7 SPEAR G W |
| Neighborhood | 20CEN |
| Land | $1,641,420 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,641,420 |
| Improvement | $61,169 |
|---|---|
| Total Improvement | $61,169 |
| Market | $1,702,589 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,702,589 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,702,589 |
| Taxable Value | $1,702,589 |
|---|
Appreciation: Market value has risen +8.1% from $1,575,185 (2021) to $1,702,589 (2025), a CAGR of 2.0% 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 +24.1%, 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 $34,843. 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 96% of market value ($1,641,420 land vs $61,169 improvements), about $110/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 $1,702,589, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,876,431 by 2030, with an estimated annual tax burden around $35,347. 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 | 7,350 SF | ✗ |
| 1ST | 1st Floor | 4,492 SF | ✓ |
| 491 | SPRINKLER HEADS | 4,492 SF | ✗ |
| 591 | MASONRY TRIM SF | 2,048 SF | ✗ |
| 611 | TERRACE | 510 SF | ✗ |
| 501 | CANOPY | 22 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $15,752.35 | $15,752.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,921.86 | $8,921.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,399.10 | $6,399.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,009.45 | $2,009.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,760.48 | $1,760.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,843.24 | $34,843.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,702,589 | $1,702,589 | +0.0% |
| Assessed Value | $1,702,589 | $1,702,589 | +0.0% |
| Land Value | $1,641,420 | $1,641,420 | +0.0% |
| Improvement Value | $61,169 | $61,169 | +0.0% |
| Taxable Value | $1,702,589 | $1,702,589 | +0.0% |
| Total Tax 2026 = estimate |
~$34,843
Estimated
|
~$34,843
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,772,770 | $1,702,589 | -70,181 (-4.0%) |
| Taxable Value | $1,772,770 | $1,702,589 | -70,181 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,702,589 | $1,641,420 | $61,169 | — | $1,702,589 | $1,702,589 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,702,589 | $1,641,420 | $61,169 | — | $1,702,589 | $1,702,589 | ~$34,843 | Partial |
| 2024 | $1,641,420 | — | — | — | $1,641,420 | $— | $33,691 | Verified |
| 2023 | $1,440,276 | — | — | — | $1,641,420 ! | $— | $29,697 | Verified |
| 2022 | $1,440,851 | — | — | −$575 | $1,440,276 | $— | $28,444 | Verified |
| 2021 | $1,575,185 | — | — | −$232,205 | $1,342,980 | $— | $31,363 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.1% | +4.1% | ~100% | Not available | Partial |
| 2025 | -3.5% | -3.5% | ~100% | Not available | Partial |
| 2024 | +1.6% | +1.6% | ~100% | 1.9100% | Verified |
| 2023 | -0.2% | -0.2% | ~100% | 1.7100% | Verified |
| 2022 | +20.7% | +20.7% | ~100% | 1.6400% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.8% | +2.0% | +14.0% | 2024 | -8.5% | 2022 |
| Assessment Ratio | 100.0% | 99.9% | — | 114.0% | 2023 | 85.3% | 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 |
$34,843 | $31,608 | ~$35,164 | $34,843 | 2025 | $28,444 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,736,019 | ~$1,736,019 | ~2.0139% | ~$34,962 | +2.0% |
| 2027 | ~$1,770,105 | ~$1,770,105 | ~1.9814% | ~$35,073 | +4.0% |
| 2028 | ~$1,804,860 | ~$1,804,860 | ~1.9488% | ~$35,174 | +6.0% |
| 2029 | ~$1,840,298 | ~$1,840,298 | ~1.9163% | ~$35,265 | +8.1% |
| 2030 | ~$1,876,431 | ~$1,876,431 | ~1.8837% | ~$35,347 | +10.2% |
| 2026 | ~$1,701,967 | ~$1,701,967 | ~2.0465% | ~$34,830 | -0.0% |
| 2027 | ~$1,701,345 | ~$1,701,345 | ~2.0465% | ~$34,818 | -0.1% |
| 2028 | ~$1,700,723 | ~$1,700,723 | ~2.0465% | ~$34,805 | -0.1% |
| 2029 | ~$1,700,102 | ~$1,700,102 | ~2.0465% | ~$34,792 | -0.1% |
| 2030 | ~$1,699,481 | ~$1,699,481 | ~2.0465% | ~$34,780 | -0.2% |
| 2026 | ~$1,770,070 | ~$1,770,070 | ~1.9977% | ~$35,360 | +4.0% |
| 2027 | ~$1,840,226 | ~$1,840,226 | ~1.9488% | ~$35,863 | +8.1% |
| 2028 | ~$1,913,163 | ~$1,913,163 | ~1.9000% | ~$36,350 | +12.4% |
| 2029 | ~$1,988,991 | ~$1,988,991 | ~1.8512% | ~$36,820 | +16.8% |
| 2030 | ~$2,067,823 | ~$2,067,823 | ~1.8024% | ~$37,270 | +21.5% |
In 2025, this property's market value of $1,702,589 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +20% above the county median of $1,417,484. 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 | $1,702,589 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,641,420 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,440,276 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,440,851 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,575,185 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
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.