5011 BURNET RD AUSTIN, TX 78756
| Owner | EP AUSTIN PROPERTIES LP |
|---|---|
| Parcel ID | 0226040130 |
| Short ID | 812533 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 20,103 SF |
| Land SF | 68,346 SF |
| Acres | 1.569 |
| Year Built | 2013 |
| Legal | LOT 1 BLK 1 EP AUSTIN PROPERTIES SUBD |
| Neighborhood | 52CEN |
| Land | $7,176,330 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,176,330 |
| Improvement | $323,670 |
|---|---|
| Total Improvement | $323,670 |
| Market | $7,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,500,000 |
| Taxable Value | $7,500,000 |
|---|
Appreciation: Market value has risen +3.8% from $7,224,525 (2021) to $7,500,000 (2025), a CAGR of 0.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→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 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 $153,486. 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 ($7,176,330 land vs $323,670 improvements), about $105/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 $7,500,000, this parcel sits in the top quartile (≥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 +0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,859,162 by 2030, with an estimated annual tax burden around $148,046. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 10,052 SF | ✓ |
| 2ND | 2nd Floor | 10,052 SF | ✓ |
| 501 | CANOPY | 1,507 SF | ✗ |
| 611 | TERRACE | 1,507 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% | $66,823.93 | $66,823.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $37,847.90 | $37,847.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,145.96 | $27,145.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,524.38 | $8,524.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,468.22 | $7,468.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $147,810.39 | $147,810.39 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,628,786 | $7,500,000 | +1.7% |
| Assessed Value | $7,628,786 | $7,500,000 | +1.7% |
| Land Value | $7,176,330 | $7,176,330 | +0.0% |
| Improvement Value | $452,456 | $323,670 | +39.8% |
| Taxable Value | $7,628,786 | $7,500,000 | +1.7% |
| Total Tax 2026 = estimate |
~$156,122
Estimated
|
~$147,810
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,628,786 | $7,628,786 | +0 (+0.0%) |
| Taxable Value | $7,628,786 | $7,628,786 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,628,786 | $7,176,330 | $452,456 | — | $7,628,786 | $7,628,786 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,500,000 | $7,176,330 | $323,670 | — | $7,500,000 | $7,500,000 | ~$147,810 | Partial |
| 2024 | $7,800,000 | — | — | −$623,670 | $7,176,330 | $— | $145,100 | Verified |
| 2023 | $7,780,260 | — | — | −$603,930 | $7,176,330 | $— | $136,187 | Verified |
| 2022 | $— | — | — | — | $7,176,330 | $— | $148,473 | Verified |
| 2021 | $7,224,525 | — | — | −$1,415,115 | $5,809,410 | $— | $160,585 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2025 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2024 | -2.7% | -2.7% | ~100% | 1.9100% | Verified |
| 2023 | -2.5% | -2.5% | ~100% | 1.7500% | Verified |
| 2022 | +7.7% | +7.7% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | +1.5% | +0.6% | +7.7% | 2023 | -3.8% | 2025 |
| Assessment Ratio | 100.0% | 92.9% | — | 100.0% | 2025 | 80.4% | 2021 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$147,810 | $147,421 | ~$150,289 | $160,585 | 2021 | $136,187 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,570,495 | ~$7,570,495 | ~2.0139% | ~$152,465 | +0.9% |
| 2027 | ~$7,641,652 | ~$7,641,652 | ~1.9814% | ~$151,411 | +1.9% |
| 2028 | ~$7,713,478 | ~$7,713,478 | ~1.9488% | ~$150,323 | +2.8% |
| 2029 | ~$7,785,979 | ~$7,785,979 | ~1.9163% | ~$149,202 | +3.8% |
| 2030 | ~$7,859,162 | ~$7,859,162 | ~1.8837% | ~$148,046 | +4.8% |
| 2026 | ~$7,420,495 | ~$7,420,495 | ~2.0465% | ~$151,859 | -1.1% |
| 2027 | ~$7,341,832 | ~$7,341,832 | ~2.0465% | ~$150,249 | -2.1% |
| 2028 | ~$7,264,003 | ~$7,264,003 | ~2.0465% | ~$148,657 | -3.1% |
| 2029 | ~$7,187,000 | ~$7,187,000 | ~2.0465% | ~$147,081 | -4.2% |
| 2030 | ~$7,110,812 | ~$7,110,812 | ~2.0465% | ~$145,522 | -5.2% |
| 2026 | ~$7,720,495 | ~$7,720,495 | ~1.9977% | ~$154,229 | +2.9% |
| 2027 | ~$7,947,472 | ~$7,947,472 | ~1.9488% | ~$154,883 | +6.0% |
| 2028 | ~$8,181,122 | ~$8,181,122 | ~1.9000% | ~$155,443 | +9.1% |
| 2029 | ~$8,421,641 | ~$8,421,641 | ~1.8512% | ~$155,901 | +12.3% |
| 2030 | ~$8,669,231 | ~$8,669,231 | ~1.8024% | ~$156,252 | +15.6% |
In 2025, this property's market value of $7,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,780,260 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $7,224,525 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.