7301 BURNET RD TX 78757
| Owner | 7301 BURNET RD LLC |
|---|---|
| Parcel ID | 0235040317 |
| Short ID | 237448 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 81,244 SF |
| Land SF | 275,385 SF |
| Acres | 6.322 |
| Year Built | 1970 |
| Legal | LOT 1-3 DART SUBD |
| Neighborhood | 42CEN |
| Land | $22,030,800 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $22,030,800 |
| Improvement | $2,979,200 |
|---|---|
| Total Improvement | $2,979,200 |
| Market | $25,010,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $25,010,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $25,010,000 |
| Taxable Value | $25,010,000 |
|---|
Appreciation: Market value has risen +9.0% from $22,953,000 (2021) to $25,010,000 (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 (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 $511,826. 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 88% of market value ($22,030,800 land vs $2,979,200 improvements), about $80/SF of land. With value concentrated in the land under a ~56-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 $25,010,000, 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 +2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $27,842,388 by 2030, with an estimated annual tax burden around $524,479. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 183,520 SF | ✗ |
| 1ST | 1st Floor | 81,244 SF | ✓ |
| 491 | SPRINKLER HEADS | 54,782 SF | ✗ |
| 501 | CANOPY | 8,008 SF | ✗ |
| 611 | TERRACE | 7,389 SF | ✗ |
| 482 | LIGHT POLES | 14 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% | $231,392.52 | $231,392.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $131,056.65 | $131,056.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $93,998.83 | $93,998.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $29,517.55 | $29,517.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $25,860.34 | $25,860.34 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $511,825.89 | $511,825.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,693,251 | $25,010,000 | -1.3% |
| Assessed Value | $24,693,251 | $25,010,000 | -1.3% |
| Land Value | $22,030,800 | $22,030,800 | +0.0% |
| Improvement Value | $2,662,451 | $2,979,200 | -10.6% |
| Taxable Value | $24,693,251 | $25,010,000 | -1.3% |
| Total Tax 2026 = estimate |
~$505,344
Estimated
|
~$511,826
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $25,332,574 | $24,693,251 | -639,323 (-2.5%) |
| Taxable Value | $25,332,574 | $24,693,251 | -639,323 (-2.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,693,251 | $22,030,800 | $2,662,451 | — | $24,693,251 | $24,693,251 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $25,010,000 | $22,030,800 | $2,979,200 | — | $25,010,000 | $25,010,000 | ~$511,826 | Partial |
| 2024 | $24,280,652 | — | — | −$2,249,852 | $22,030,800 | $— | $437,135 | Verified |
| 2023 | $19,266,820 | — | — | — | $22,030,800 ! | $— | $400,283 | Verified |
| 2022 | $18,400,000 | — | — | — | $19,266,820 ! | $— | $380,505 | Verified |
| 2021 | $22,953,000 | — | — | −$3,676,050 | $19,276,950 | $— | $402,252 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2025 | +3.3% | +3.3% | ~100% | Not available | Partial |
| 2024 | -0.3% | -0.3% | ~100% | 1.8100% | Verified |
| 2023 | +26.0% | +26.0% | ~100% | 1.6500% | Verified |
| 2022 | -4.0% | -4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.3% | +2.5% | +2.4% | +26.0% | 2024 | -19.8% | 2022 |
| Assessment Ratio | 100.0% | 99.0% | — | 114.3% | 2023 | 84.0% | 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 |
$511,826 | $426,400 | ~$519,678 | $511,826 | 2025 | $380,505 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$25,552,433 | ~$25,552,433 | ~2.0139% | ~$514,610 | +2.2% |
| 2027 | ~$26,106,630 | ~$26,106,630 | ~1.9814% | ~$517,274 | +4.4% |
| 2028 | ~$26,672,847 | ~$26,672,847 | ~1.9488% | ~$519,811 | +6.6% |
| 2029 | ~$27,251,344 | ~$27,251,344 | ~1.9163% | ~$522,215 | +9.0% |
| 2030 | ~$27,842,388 | ~$27,842,388 | ~1.8837% | ~$524,479 | +11.3% |
| 2026 | ~$25,052,233 | ~$25,052,233 | ~2.0465% | ~$512,690 | +0.2% |
| 2027 | ~$25,094,536 | ~$25,094,536 | ~2.0465% | ~$513,556 | +0.3% |
| 2028 | ~$25,136,912 | ~$25,136,912 | ~2.0465% | ~$514,423 | +0.5% |
| 2029 | ~$25,179,359 | ~$25,179,359 | ~2.0465% | ~$515,292 | +0.7% |
| 2030 | ~$25,221,877 | ~$25,221,877 | ~2.0465% | ~$516,162 | +0.8% |
| 2026 | ~$26,052,633 | ~$26,052,633 | ~1.9977% | ~$520,444 | +4.2% |
| 2027 | ~$27,138,731 | ~$27,138,731 | ~1.9488% | ~$528,890 | +8.5% |
| 2028 | ~$28,270,107 | ~$28,270,107 | ~1.9000% | ~$537,137 | +13.0% |
| 2029 | ~$29,448,649 | ~$29,448,649 | ~1.8512% | ~$545,152 | +17.7% |
| 2030 | ~$30,676,323 | ~$30,676,323 | ~1.8024% | ~$552,901 | +22.7% |
In 2025, this property's market value of $25,010,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 18× 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 | $25,010,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $24,280,652 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $19,266,820 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $18,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $22,953,000 | $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.