5025 BURNET RD TX 78756
| Owner | 1848 AIRLINE REALTY LTD |
|---|---|
| Parcel ID | 0226040108 |
| Short ID | 226292 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,703 SF |
| Land SF | 19,548 SF |
| Acres | 0.449 |
| Year Built | 1965 |
| Legal | LOT 10-12 BLK 26 SMITH A F |
| Neighborhood | 30CEN |
| Land | $2,052,540 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,052,540 |
| Improvement | $96,633 |
|---|---|
| Total Improvement | $96,633 |
| Market | $2,149,173 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,149,173 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,149,173 |
| Taxable Value | $2,149,173 |
|---|
Appreciation: Market value has risen +28.9% from $1,667,533 (2021) to $2,149,173 (2025), a CAGR of 6.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 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 $43,983. 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 ($2,052,540 land vs $96,633 improvements), about $105/SF of land. With value concentrated in the land under a ~61-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,149,173, 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 +6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,951,328 by 2030, with an estimated annual tax burden around $55,595. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 13,921 SF | ✗ |
| 1ST | 1st Floor | 3,404 SF | ✓ |
| 2ND | 2nd Floor | 3,299 SF | ✓ |
| 501 | CANOPY | 110 SF | ✗ |
| 413 | STAIRWAY EXT | 3 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% | $19,884.15 | $19,884.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,262.03 | $11,262.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,077.56 | $8,077.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,536.52 | $2,536.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,222.24 | $2,222.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,982.50 | $43,982.50 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,155,268 | $2,149,173 | +0.3% |
| Assessed Value | $2,155,268 | $2,149,173 | +0.3% |
| Land Value | $2,052,540 | $2,052,540 | +0.0% |
| Improvement Value | $102,728 | $96,633 | +6.3% |
| Taxable Value | $2,155,268 | $2,149,173 | +0.3% |
| Total Tax 2026 = estimate |
~$44,107
Estimated
|
~$43,982
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,155,268 | $2,155,268 | +0 (+0.0%) |
| Taxable Value | $2,155,268 | $2,155,268 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,155,268 | $2,052,540 | $102,728 | — | $2,155,268 | $2,155,268 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,149,173 | $2,052,540 | $96,633 | — | $2,149,173 | $2,149,173 | ~$43,982 | Partial |
| 2024 | $2,250,000 | — | — | −$197,460 | $2,052,540 | $— | $44,469 | Verified |
| 2023 | $2,293,367 | — | — | −$240,827 | $2,052,540 | $— | $40,708 | Verified |
| 2022 | $1,804,292 | — | — | — | $2,052,540 ! | $— | $45,292 | Verified |
| 2021 | $1,667,533 | — | — | −$5,953 | $1,661,580 | $— | $39,274 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | 1.9800% | Verified |
| 2023 | -1.9% | -1.9% | ~100% | 1.8100% | Verified |
| 2022 | +27.1% | +27.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +5.8% | +6.5% | +27.1% | 2023 | -4.5% | 2025 |
| Assessment Ratio | 100.0% | 99.0% | — | 113.8% | 2022 | 89.5% | 2023 |
| 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 |
$43,982 | $42,745 | ~$50,760 | $45,292 | 2022 | $39,274 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,289,922 | ~$2,289,922 | ~2.0139% | ~$46,118 | +6.5% |
| 2027 | ~$2,439,888 | ~$2,439,888 | ~1.9814% | ~$48,344 | +13.5% |
| 2028 | ~$2,599,675 | ~$2,599,675 | ~1.9488% | ~$50,663 | +21.0% |
| 2029 | ~$2,769,927 | ~$2,769,927 | ~1.9163% | ~$53,080 | +28.9% |
| 2030 | ~$2,951,328 | ~$2,951,328 | ~1.8837% | ~$55,595 | +37.3% |
| 2026 | ~$2,246,938 | ~$2,246,938 | ~2.0465% | ~$45,983 | +4.5% |
| 2027 | ~$2,349,151 | ~$2,349,151 | ~2.0465% | ~$48,075 | +9.3% |
| 2028 | ~$2,456,013 | ~$2,456,013 | ~2.0465% | ~$50,262 | +14.3% |
| 2029 | ~$2,567,736 | ~$2,567,736 | ~2.0465% | ~$52,548 | +19.5% |
| 2030 | ~$2,684,541 | ~$2,684,541 | ~2.0465% | ~$54,939 | +24.9% |
| 2026 | ~$2,332,905 | ~$2,332,905 | ~1.9977% | ~$46,604 | +8.5% |
| 2027 | ~$2,532,344 | ~$2,532,344 | ~1.9488% | ~$49,351 | +17.8% |
| 2028 | ~$2,748,833 | ~$2,748,833 | ~1.9000% | ~$52,228 | +27.9% |
| 2029 | ~$2,983,830 | ~$2,983,830 | ~1.8512% | ~$55,236 | +38.8% |
| 2030 | ~$3,238,917 | ~$3,238,917 | ~1.8024% | ~$58,377 | +50.7% |
In 2025, this property's market value of $2,149,173 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +52% 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 | $2,149,173 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,250,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,293,367 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,804,292 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,667,533 | $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.