5425 BURNET RD TX 78756
| Owner | 5425 1/2 BURNET ROAD LLC |
|---|---|
| Parcel ID | 0229030328 |
| Short ID | 229551 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 4,068 SF |
| Land SF | 17,163 SF |
| Acres | 0.394 |
| Year Built | 1956 |
| Legal | LOT 32-33 LESS 0.354 ACR BLK 2 BROADACRES |
| Neighborhood | 31CEN |
| Land | $1,716,264 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,716,264 |
| Improvement | $73,017 |
|---|---|
| Total Improvement | $73,017 |
| Market | $1,789,281 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,789,281 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,789,281 |
| Taxable Value | $1,789,281 |
|---|
Appreciation: Market value has fallen -8.4% from $1,952,473 (2021) to $1,789,281 (2025), a CAGR of -2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $36,617. 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 ($1,716,264 land vs $73,017 improvements), about $100/SF of land. With value concentrated in the land under a ~70-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 $1,789,281, 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 -2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,604,336 by 2030, with an estimated annual tax burden around $30,222. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,000 SF | ✗ |
| 1ST | 1st Floor | 4,068 SF | ✓ |
| 501 | CANOPY | 288 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% | $16,554.43 | $16,554.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,376.14 | $9,376.14 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,724.92 | $6,724.92 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,111.76 | $2,111.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,850.12 | $1,850.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,617.37 | $36,617.37 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,789,281 | $1,789,281 | +0.0% |
| Assessed Value | $1,789,281 | $1,789,281 | +0.0% |
| Land Value | $1,716,264 | $1,716,264 | +0.0% |
| Improvement Value | $73,017 | $73,017 | +0.0% |
| Taxable Value | $1,789,281 | $1,789,281 | +0.0% |
| Total Tax 2026 = estimate |
~$36,617
Estimated
|
~$36,617
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,793,617 | $1,789,281 | -4,336 (-0.2%) |
| Taxable Value | $1,793,617 | $1,789,281 | -4,336 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,789,281 | $1,716,264 | $73,017 | — | $1,789,281 | $1,789,281 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,789,281 | $1,716,264 | $73,017 | — | $1,789,281 | $1,789,281 | ~$36,617 | Partial |
| 2024 | $1,825,633 | — | — | −$109,369 | $1,716,264 | $— | $35,450 | Verified |
| 2023 | $1,825,633 | — | — | −$109,369 | $1,716,264 | $— | $33,030 | Verified |
| 2022 | $1,785,930 | — | — | −$69,666 | $1,716,264 | $— | $36,055 | Verified |
| 2021 | $1,952,473 | — | — | −$579,462 | $1,373,011 | $— | $38,874 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -2.0% | -2.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +2.2% | +2.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -1.7% | -2.2% | +2.2% | 2023 | -8.5% | 2022 |
| Assessment Ratio | 100.0% | 92.4% | — | 100.0% | 2025 | 70.3% | 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 |
$36,617 | $36,005 | ~$32,700 | $38,874 | 2021 | $33,030 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,750,660 | ~$1,750,660 | ~2.0139% | ~$35,257 | -2.2% |
| 2027 | ~$1,712,874 | ~$1,712,874 | ~1.9814% | ~$33,939 | -4.3% |
| 2028 | ~$1,675,902 | ~$1,675,902 | ~1.9488% | ~$32,661 | -6.3% |
| 2029 | ~$1,639,729 | ~$1,639,729 | ~1.9163% | ~$31,422 | -8.4% |
| 2030 | ~$1,604,336 | ~$1,604,336 | ~1.8837% | ~$30,222 | -10.3% |
| 2026 | ~$1,714,875 | ~$1,714,875 | ~2.0465% | ~$35,095 | -4.2% |
| 2027 | ~$1,643,563 | ~$1,643,563 | ~2.0465% | ~$33,635 | -8.1% |
| 2028 | ~$1,575,216 | ~$1,575,216 | ~2.0465% | ~$32,237 | -12.0% |
| 2029 | ~$1,509,712 | ~$1,509,712 | ~2.0465% | ~$30,896 | -15.6% |
| 2030 | ~$1,446,931 | ~$1,446,931 | ~2.0465% | ~$29,611 | -19.1% |
| 2026 | ~$1,786,446 | ~$1,786,446 | ~1.9977% | ~$35,687 | -0.2% |
| 2027 | ~$1,783,616 | ~$1,783,616 | ~1.9488% | ~$34,760 | -0.3% |
| 2028 | ~$1,780,790 | ~$1,780,790 | ~1.9000% | ~$33,835 | -0.5% |
| 2029 | ~$1,777,968 | ~$1,777,968 | ~1.8512% | ~$32,914 | -0.6% |
| 2030 | ~$1,775,151 | ~$1,775,151 | ~1.8024% | ~$31,995 | -0.8% |
In 2025, this property's market value of $1,789,281 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +26% 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 | $1,789,281 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,825,633 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,825,633 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,785,930 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,952,473 | $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.