7304 BURNET RD AUSTIN, TX 78757
| Owner | JP RENTALS LLC |
|---|---|
| Parcel ID | 0236050122 |
| Short ID | 239033 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,440 SF |
| Land SF | 12,000 SF |
| Acres | 0.275 |
| Year Built | 1964 |
| Legal | LOT 1 ALLANDALE PARK RESUB NO 5 |
| Neighborhood | 53NWE |
| Land | $960,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $960,000 |
| Improvement | $466,873 |
|---|---|
| Total Improvement | $466,873 |
| Market | $1,426,873 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,426,873 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,426,873 |
| Taxable Value | $1,426,873 |
|---|
Appreciation: Market value has risen +9.0% from $1,309,329 (2021) to $1,426,873 (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 $29,201. 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 67% of market value ($960,000 land vs $466,873 improvements), about $80/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,426,873, 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 $1,588,752 by 2030, with an estimated annual tax burden around $29,928. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,626 SF | ✗ |
| 1ST | 1st Floor | 1,720 SF | ✓ |
| 2ND | 2nd Floor | 1,720 SF | ✓ |
| 611 | TERRACE | 223 SF | ✗ |
| 327 | STORAGE COMM'L | 220 SF | ✓ |
| 501 | CANOPY | 219 SF | ✗ |
| SO | Sketch Only | 90 SF | ✗ |
| 581C | STORAGE ATT COMM | 25 SF | ✓ |
| 413 | STAIRWAY EXT | 1 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% | $13,201.43 | $13,201.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,477.06 | $7,477.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,362.83 | $5,362.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,684.04 | $1,684.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,475.39 | $1,475.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,200.75 | $29,200.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,454,093 | $1,426,873 | +1.9% |
| Assessed Value | $1,454,093 | $1,426,873 | +1.9% |
| Land Value | $960,000 | $960,000 | +0.0% |
| Improvement Value | $494,093 | $466,873 | +5.8% |
| Taxable Value | $1,454,093 | $1,426,873 | +1.9% |
| Total Tax 2026 = estimate |
~$29,758
Estimated
|
~$29,201
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,671,371 | $1,454,093 | -217,278 (-13.0%) |
| Taxable Value | $1,671,371 | $1,454,093 | -217,278 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,454,093 | $960,000 | $494,093 | — | $1,454,093 | $1,454,093 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,426,873 | $960,000 | $466,873 | — | $1,426,873 | $1,426,873 | ~$29,201 | Partial |
| 2024 | $1,514,858 | — | — | −$554,858 | $960,000 | $— | $28,425 | Verified |
| 2023 | $1,386,900 | — | — | −$426,900 | $960,000 | $— | $27,408 | Verified |
| 2022 | $1,300,262 | — | — | −$340,262 | $960,000 | $— | $27,390 | Verified |
| 2021 | $1,309,329 | — | — | −$469,329 | $840,000 | $— | $28,303 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.1% | +17.1% | ~100% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | -5.3% | -5.3% | ~100% | 1.9800% | Verified |
| 2023 | +9.2% | +9.2% | ~100% | 1.8100% | Verified |
| 2022 | +6.7% | +6.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.9% | +2.3% | +1.8% | +9.2% | 2024 | -5.8% | 2025 |
| Assessment Ratio | 100.0% | 78.4% | — | 100.0% | 2025 | 63.4% | 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 |
$29,201 | $28,145 | ~$29,652 | $29,201 | 2025 | $27,390 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,457,872 | ~$1,457,872 | ~2.0139% | ~$29,361 | +2.2% |
| 2027 | ~$1,489,545 | ~$1,489,545 | ~1.9814% | ~$29,514 | +4.4% |
| 2028 | ~$1,521,906 | ~$1,521,906 | ~1.9488% | ~$29,660 | +6.7% |
| 2029 | ~$1,554,969 | ~$1,554,969 | ~1.9163% | ~$29,798 | +9.0% |
| 2030 | ~$1,588,752 | ~$1,588,752 | ~1.8837% | ~$29,928 | +11.3% |
| 2026 | ~$1,429,335 | ~$1,429,335 | ~2.0465% | ~$29,251 | +0.2% |
| 2027 | ~$1,431,801 | ~$1,431,801 | ~2.0465% | ~$29,302 | +0.3% |
| 2028 | ~$1,434,271 | ~$1,434,271 | ~2.0465% | ~$29,352 | +0.5% |
| 2029 | ~$1,436,745 | ~$1,436,745 | ~2.0465% | ~$29,403 | +0.7% |
| 2030 | ~$1,439,224 | ~$1,439,224 | ~2.0465% | ~$29,454 | +0.9% |
| 2026 | ~$1,486,410 | ~$1,486,410 | ~1.9977% | ~$29,693 | +4.2% |
| 2027 | ~$1,548,430 | ~$1,548,430 | ~1.9488% | ~$30,176 | +8.5% |
| 2028 | ~$1,613,039 | ~$1,613,039 | ~1.9000% | ~$30,648 | +13.0% |
| 2029 | ~$1,680,344 | ~$1,680,344 | ~1.8512% | ~$31,106 | +17.8% |
| 2030 | ~$1,750,456 | ~$1,750,456 | ~1.8024% | ~$31,550 | +22.7% |
In 2025, this property's market value of $1,426,873 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +1% 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 | $1,426,873 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,514,858 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,386,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,300,262 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,309,329 | $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.