5120 BURNET RD TX 78756
| Owner | VL AUSTIN LLC |
|---|---|
| Parcel ID | 0227030510 |
| Short ID | 227648 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,616 SF |
| Land SF | 9,000 SF |
| Acres | 0.207 |
| Year Built | 1982 |
| Legal | LOT 10 BLK 10 ROSEDOWN |
| Neighborhood | 30CEN |
| Land | $945,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $945,000 |
| Improvement | $63,464 |
|---|---|
| Total Improvement | $63,464 |
| Market | $1,008,464 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,008,464 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,008,464 |
| Taxable Value | $1,008,464 |
|---|
Appreciation: Market value has fallen -16.6% from $1,209,371 (2021) to $1,008,464 (2025), a CAGR of -4.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $20,638. 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 94% of market value ($945,000 land vs $63,464 improvements), about $105/SF of land. With value concentrated in the land under a ~44-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 $1,008,464, this parcel sits in the lower-middle (25th–50th 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 -4.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $803,594 by 2030, with an estimated annual tax burden around $15,138. 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 | 5,300 SF | ✗ |
| 1ST | 1st Floor | 3,756 SF | ✓ |
| 2ND | 2nd Floor | 860 SF | ✓ |
| 501 | CANOPY | 732 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 203 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% | $9,330.31 | $9,330.31 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,284.52 | $5,284.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,790.26 | $3,790.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,190.22 | $1,190.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,042.75 | $1,042.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,638.06 | $20,638.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,012,833 | $1,008,464 | +0.4% |
| Assessed Value | $1,012,833 | $1,008,464 | +0.4% |
| Land Value | $945,000 | $945,000 | +0.0% |
| Improvement Value | $67,833 | $63,464 | +6.9% |
| Taxable Value | $1,012,833 | $1,008,464 | +0.4% |
| Total Tax 2026 = estimate |
~$20,727
Estimated
|
~$20,638
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,012,833 | $1,012,833 | +0 (+0.0%) |
| Taxable Value | $1,012,833 | $1,012,833 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,012,833 | $945,000 | $67,833 | — | $1,012,833 | $1,012,833 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,008,464 | $945,000 | $63,464 | — | $1,008,464 | $1,008,464 | ~$20,638 | Partial |
| 2024 | $1,374,202 | — | — | −$429,202 | $945,000 | $— | $21,221 | Verified |
| 2023 | $1,313,748 | — | — | −$368,748 | $945,000 | $— | $24,863 | Verified |
| 2022 | $1,269,486 | — | — | −$324,486 | $945,000 | $— | $25,946 | Verified |
| 2021 | $1,209,371 | — | — | −$444,371 | $765,000 | $— | $27,633 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -5.8% | -5.8% | ~100% | Not available | Partial |
| 2024 | -22.1% | -22.1% | ~100% | 1.9800% | Verified |
| 2023 | +4.6% | +4.6% | ~100% | 1.8100% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -2.6% | -4.5% | +5.0% | 2022 | -26.6% | 2025 |
| Assessment Ratio | 100.0% | 79.7% | — | 100.0% | 2025 | 63.3% | 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 |
$20,638 | $24,060 | ~$17,212 | $27,633 | 2021 | $20,638 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$963,686 | ~$963,686 | ~2.0139% | ~$19,408 | -4.4% |
| 2027 | ~$920,897 | ~$920,897 | ~1.9814% | ~$18,247 | -8.7% |
| 2028 | ~$880,007 | ~$880,007 | ~1.9488% | ~$17,150 | -12.7% |
| 2029 | ~$840,933 | ~$840,933 | ~1.9163% | ~$16,115 | -16.6% |
| 2030 | ~$803,594 | ~$803,594 | ~1.8837% | ~$15,138 | -20.3% |
| 2026 | ~$958,041 | ~$958,041 | ~2.0465% | ~$19,606 | -5.0% |
| 2027 | ~$910,139 | ~$910,139 | ~2.0465% | ~$18,626 | -9.7% |
| 2028 | ~$864,632 | ~$864,632 | ~2.0465% | ~$17,695 | -14.3% |
| 2029 | ~$821,400 | ~$821,400 | ~2.0465% | ~$16,810 | -18.5% |
| 2030 | ~$780,330 | ~$780,330 | ~2.0465% | ~$15,969 | -22.6% |
| 2026 | ~$983,855 | ~$983,855 | ~1.9977% | ~$19,654 | -2.4% |
| 2027 | ~$959,847 | ~$959,847 | ~1.9488% | ~$18,706 | -4.8% |
| 2028 | ~$936,425 | ~$936,425 | ~1.9000% | ~$17,792 | -7.1% |
| 2029 | ~$913,574 | ~$913,574 | ~1.8512% | ~$16,912 | -9.4% |
| 2030 | ~$891,281 | ~$891,281 | ~1.8024% | ~$16,064 | -11.6% |
In 2025, this property's market value of $1,008,464 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -29% below 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 | $1,008,464 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,374,202 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,313,748 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,269,486 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,209,371 | $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.