5715 BURNET RD AUSTIN, TX 78756
| Owner | CUBESMART L P |
|---|---|
| Parcel ID | 0230040716 |
| Short ID | 231163 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 107,248 SF |
| Land SF | 75,746 SF |
| Acres | 1.739 |
| Year Built | 2016 |
| Legal | LOT 1-4 BLK 1 BROADACRES |
| Neighborhood | 63CEN |
| Land | $7,574,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,574,600 |
| Improvement | $14,683,380 |
|---|---|
| Total Improvement | $14,683,380 |
| Market | $22,257,980 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $22,257,980 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $22,257,980 |
| Taxable Value | $22,257,980 |
|---|
Appreciation: Market value has risen +6.6% from $20,879,708 (2021) to $22,257,980 (2025), a CAGR of 1.6% 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 $455,506. 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 34% of market value ($7,574,600 land vs $14,683,380 improvements), about $100/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $22,257,980, 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 +1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,109,456 by 2030, with an estimated annual tax burden around $454,160. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 093 | HVAC COMMRCL SF | 107,248 SF | ✗ |
| 1ST | 1st Floor | 35,750 SF | ✓ |
| 2ND | 2nd Floor | 35,750 SF | ✓ |
| 3RD | 3rd Floor | 35,750 SF | ✓ |
| 551 | PAVED AREA | 21,500 SF | ✗ |
| 501 | CANOPY | 1,009 SF | ✗ |
| 611 | TERRACE | 1,009 SF | ✗ |
| 276 | ELEVATOR COM PAS | 6 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% | $205,930.83 | $205,930.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $116,635.60 | $116,635.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $83,655.50 | $83,655.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $26,269.54 | $26,269.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $23,014.75 | $23,014.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $455,506.22 | $455,506.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,984,765 | $22,257,980 | -1.2% |
| Assessed Value | $21,984,765 | $22,257,980 | -1.2% |
| Land Value | $7,574,600 | $7,574,600 | +0.0% |
| Improvement Value | $14,410,165 | $14,683,380 | -1.9% |
| Taxable Value | $21,984,765 | $22,257,980 | -1.2% |
| Total Tax 2026 = estimate |
~$449,915
Estimated
|
~$455,506
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $21,984,765 | $21,984,765 | +0 (+0.0%) |
| Taxable Value | $21,984,765 | $21,984,765 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,984,765 | $7,574,600 | $14,410,165 | — | $21,984,765 | $21,984,765 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $22,257,980 | $7,574,600 | $14,683,380 | — | $22,257,980 | $22,257,980 | ~$455,506 | Partial |
| 2024 | $21,283,000 | — | — | −$13,708,400 | $7,574,600 | $— | $423,777 | Verified |
| 2023 | $18,600,000 | — | — | −$11,025,400 | $7,574,600 | $— | $386,054 | Verified |
| 2022 | $20,194,600 | — | — | −$12,620,000 | $7,574,600 | $— | $369,663 | Verified |
| 2021 | $20,879,708 | — | — | −$14,820,028 | $6,059,680 | $— | $389,958 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.2% | -1.2% | ~100% | Not available | Partial |
| 2025 | -2.8% | -2.8% | ~100% | Not available | Partial |
| 2024 | +2.8% | +2.8% | ~100% | 1.8500% | Verified |
| 2023 | +6.4% | +6.4% | ~100% | 1.7300% | Verified |
| 2022 | +3.8% | +3.8% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 1.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.2% | +1.3% | +1.9% | +14.4% | 2024 | -7.9% | 2023 |
| Assessment Ratio | 100.0% | 57.1% | — | 100.0% | 2025 | 29.0% | 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 |
$455,506 | $404,992 | ~$454,948 | $455,506 | 2025 | $369,663 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$22,616,536 | ~$22,616,536 | ~2.0139% | ~$455,483 | +1.6% |
| 2027 | ~$22,980,867 | ~$22,980,867 | ~1.9814% | ~$455,340 | +3.2% |
| 2028 | ~$23,351,068 | ~$23,351,068 | ~1.9488% | ~$455,075 | +4.9% |
| 2029 | ~$23,727,232 | ~$23,727,232 | ~1.9163% | ~$454,683 | +6.6% |
| 2030 | ~$24,109,456 | ~$24,109,456 | ~1.8837% | ~$454,160 | +8.3% |
| 2026 | ~$22,171,376 | ~$22,171,376 | ~2.0465% | ~$453,734 | -0.4% |
| 2027 | ~$22,085,109 | ~$22,085,109 | ~2.0465% | ~$451,968 | -0.8% |
| 2028 | ~$21,999,177 | ~$21,999,177 | ~2.0465% | ~$450,210 | -1.2% |
| 2029 | ~$21,913,580 | ~$21,913,580 | ~2.0465% | ~$448,458 | -1.5% |
| 2030 | ~$21,828,316 | ~$21,828,316 | ~2.0465% | ~$446,713 | -1.9% |
| 2026 | ~$23,061,695 | ~$23,061,695 | ~1.9977% | ~$460,695 | +3.6% |
| 2027 | ~$23,894,432 | ~$23,894,432 | ~1.9488% | ~$465,664 | +7.4% |
| 2028 | ~$24,757,238 | ~$24,757,238 | ~1.9000% | ~$470,392 | +11.2% |
| 2029 | ~$25,651,199 | ~$25,651,199 | ~1.8512% | ~$474,853 | +15.2% |
| 2030 | ~$26,577,440 | ~$26,577,440 | ~1.8024% | ~$479,024 | +19.4% |
In 2025, this property's market value of $22,257,980 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 16× 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 | $22,257,980 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,283,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $18,600,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $20,194,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $20,879,708 | $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.