7113 BURNET RD TX 78757
| Owner | THE SAINT GEORGE APARTMENTS L P |
|---|---|
| Parcel ID | 0235040306 |
| Short ID | 237444 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 261,525 SF |
| Land SF | 191,146 SF |
| Acres | 4.388 |
| Year Built | 2022 |
| Legal | LOT 1 RONAN SUBD |
| Neighborhood | 43CEN |
| Land | $11,698,135 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,698,135 |
| Improvement | $54,003,866 |
|---|---|
| Total Improvement | $54,003,866 |
| Market | $65,702,001 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $65,702,001 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $65,702,001 |
| Taxable Value | $65,702,001 |
|---|
Appreciation: Market value has risen +516.7% from $10,653,824 (2021) to $65,702,001 (2025), a CAGR of 57.6% over 4 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $1,344,582. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 18% of market value ($11,698,135 land vs $54,003,866 improvements), about $61/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $65,702,001, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +57.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $638,513,295 by 2030, with an estimated annual tax burden around $1,993,258. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 261,525 SF | ✓ |
Market value changed by 228% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $607,874.91 | $607,874.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $344,289.65 | $344,289.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $246,937.69 | $246,937.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $77,543.47 | $77,543.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $67,935.87 | $67,935.87 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,344,581.59 | $1,344,581.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $80,790,000 | $65,702,001 | +23.0% |
| Assessed Value | $80,790,000 | $65,702,001 | +23.0% |
| Land Value | $16,247,410 | $11,698,135 | +38.9% |
| Improvement Value | $64,542,590 | $54,003,866 | +19.5% |
| Taxable Value | $80,790,000 | $65,702,001 | +23.0% |
| Total Tax 2026 = estimate |
~$1,653,355
Estimated
|
~$1,344,582
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $86,532,876 | $80,790,000 | -5,742,876 (-6.6%) |
| Taxable Value | $86,532,876 | $80,790,000 | -5,742,876 (-6.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $80,790,000 | $16,247,410 | $64,542,590 | — | $80,790,000 | $80,790,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $65,702,001 | $11,698,135 | $54,003,866 | — | $65,702,001 | $65,702,001 | ~$1,344,582 | Partial |
| 2024 | $13,085,944 | — | — | −$1,387,809 | $11,698,135 | $— | $849,761 | Verified |
| 2023 | $12,912,979 | — | — | −$1,214,844 | $11,698,135 | $— | $236,757 | Verified |
| 2022 | $10,992,900 | — | — | — | $11,698,135 ! | $— | $255,021 | Verified |
| 2021 | $10,653,824 | — | — | −$331,940 | $10,321,884 | $— | $239,280 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.7% | +31.7% | ~100% | Not available | Partial |
| 2025 | +53.2% | +53.2% | ~100% | Not available | Partial |
| 2024 | +227.7% ! | +227.7% | ~100% | 1.9800% | Verified |
| 2023 | +1.3% | +1.3% | ~100% | 1.8100% | Verified |
| 2022 | +16.3% | +16.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +491.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.0% | +89.4% | +51.7% | +402.1% | 2025 | +1.3% | 2024 |
| Assessment Ratio | 100.0% | 97.2% | — | 106.4% | 2022 | 89.4% | 2024 |
| 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 |
$1,344,582 | $585,080 | ~$1,714,315 | $1,344,582 | 2025 | $236,757 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$103,537,307 | ~$72,272,201 | ~2.0139% | ~$1,455,516 | +57.6% |
| 2027 | ~$163,160,541 | ~$79,499,421 | ~1.9814% | ~$1,575,192 | +148.3% |
| 2028 | ~$257,118,547 | ~$87,449,363 | ~1.9488% | ~$1,704,248 | +291.3% |
| 2029 | ~$405,183,429 | ~$96,194,300 | ~1.9163% | ~$1,843,363 | +516.7% |
| 2030 | ~$638,513,295 | ~$105,813,730 | ~1.8837% | ~$1,993,258 | +871.8% |
| 2026 | ~$102,223,267 | ~$72,272,201 | ~2.0465% | ~$1,479,040 | +55.6% |
| 2027 | ~$159,045,329 | ~$79,499,421 | ~2.0465% | ~$1,626,944 | +142.1% |
| 2028 | ~$247,452,634 | ~$87,449,363 | ~2.0465% | ~$1,789,638 | +276.6% |
| 2029 | ~$385,002,227 | ~$96,194,300 | ~2.0465% | ~$1,968,602 | +486.0% |
| 2030 | ~$599,010,456 | ~$105,813,730 | ~2.0465% | ~$2,165,462 | +811.7% |
| 2026 | ~$104,851,347 | ~$72,272,201 | ~1.9977% | ~$1,443,754 | +59.6% |
| 2027 | ~$167,328,314 | ~$79,499,421 | ~1.9488% | ~$1,549,316 | +154.7% |
| 2028 | ~$267,032,950 | ~$87,449,363 | ~1.9000% | ~$1,661,553 | +306.4% |
| 2029 | ~$426,147,821 | ~$96,194,300 | ~1.8512% | ~$1,780,743 | +548.6% |
| 2030 | ~$680,073,248 | ~$105,813,730 | ~1.8024% | ~$1,907,156 | +935.1% |
In 2025, this property's market value of $65,702,001 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 126× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $65,702,001 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $13,085,944 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $12,912,979 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $10,992,900 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $10,653,824 | $300,453 | $376,850 | $539,896 | ↑ 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.