7305 BURNET RD TX 78757
| Owner | 7305 BURNET LLC |
|---|---|
| Parcel ID | 0236050207 |
| Short ID | 239039 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,100 SF |
| Land SF | 7,000 SF |
| Acres | 0.161 |
| Year Built | 1972 |
| Legal | LOT 1A *RESUB OF PT LT 1 SCALES C R SUBD |
| Neighborhood | 30CEN |
| Land | $560,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $560,000 |
| Improvement | $32,000 |
|---|---|
| Total Improvement | $32,000 |
| Market | $592,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $592,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $592,000 |
| Taxable Value | $592,000 |
|---|
Appreciation: Market value has fallen -29.2% from $836,614 (2021) to $592,000 (2025), a CAGR of -8.3% 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 $12,115. 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 95% of market value ($560,000 land vs $32,000 improvements), about $80/SF of land. With value concentrated in the land under a ~54-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 $592,000, this parcel sits in the bottom quartile (<25th 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 -8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $384,209 by 2030, with an estimated annual tax burden around $7,238. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 3,100 SF | ✓ |
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 501 | CANOPY | 200 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% | $5,477.18 | $5,477.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,102.18 | $3,102.18 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,225.00 | $2,225.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $698.70 | $698.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $612.13 | $612.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,115.19 | $12,115.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $611,670 | $592,000 | +3.3% |
| Assessed Value | $611,670 | $592,000 | +3.3% |
| Land Value | $560,000 | $560,000 | +0.0% |
| Improvement Value | $51,670 | $32,000 | +61.5% |
| Taxable Value | $611,670 | $592,000 | +3.3% |
| Total Tax 2026 = estimate |
~$12,518
Estimated
|
~$12,115
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $823,763 | $611,670 | -212,093 (-25.7%) |
| Taxable Value | $710,400 | $611,670 | -98,730 (-13.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $611,670 | $560,000 | $51,670 | — | $611,670 | $611,670 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $592,000 | $560,000 | $32,000 | — | $592,000 | $592,000 | ~$12,115 | Partial |
| 2024 | $626,300 | — | — | −$66,300 | $560,000 | $— | $11,957 | Verified |
| 2023 | $680,000 | — | — | −$120,000 | $560,000 | $— | $11,331 | Verified |
| 2022 | $680,000 | — | — | −$120,000 | $560,000 | $— | $13,429 | Verified |
| 2021 | $836,614 | — | — | −$346,614 | $490,000 | $— | $14,801 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +39.1% | +20.0% | 86.2% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | -24.7% | -24.7% | ~100% | 1.9800% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.4100% | Verified |
| 2022 | +3.3% | +3.3% | ~100% | 1.7500% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -20.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.3% | -5.8% | -8.9% | +3.3% | 2026 | -18.7% | 2022 |
| Assessment Ratio | 100.0% | 85.5% | — | 100.0% | 2025 | 58.6% | 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 |
$12,115 | $12,727 | ~$8,994 | $14,801 | 2021 | $11,331 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$542,964 | ~$542,964 | ~2.0139% | ~$10,935 | -8.3% |
| 2027 | ~$497,989 | ~$497,989 | ~1.9814% | ~$9,867 | -15.9% |
| 2028 | ~$456,740 | ~$456,740 | ~1.9488% | ~$8,901 | -22.8% |
| 2029 | ~$418,908 | ~$418,908 | ~1.9163% | ~$8,027 | -29.2% |
| 2030 | ~$384,209 | ~$384,209 | ~1.8837% | ~$7,238 | -35.1% |
| 2026 | ~$562,400 | ~$562,400 | ~2.0465% | ~$11,509 | -5.0% |
| 2027 | ~$534,280 | ~$534,280 | ~2.0465% | ~$10,934 | -9.8% |
| 2028 | ~$507,566 | ~$507,566 | ~2.0465% | ~$10,387 | -14.3% |
| 2029 | ~$482,188 | ~$482,188 | ~2.0465% | ~$9,868 | -18.5% |
| 2030 | ~$458,078 | ~$458,078 | ~2.0465% | ~$9,374 | -22.6% |
| 2026 | ~$554,804 | ~$554,804 | ~1.9977% | ~$11,083 | -6.3% |
| 2027 | ~$519,945 | ~$519,945 | ~1.9488% | ~$10,133 | -12.2% |
| 2028 | ~$487,276 | ~$487,276 | ~1.9000% | ~$9,258 | -17.7% |
| 2029 | ~$456,659 | ~$456,659 | ~1.8512% | ~$8,454 | -22.9% |
| 2030 | ~$427,967 | ~$427,967 | ~1.8024% | ~$7,714 | -27.7% |
In 2025, this property's market value of $592,000 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -58% below 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 | $592,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $626,300 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $680,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $680,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $836,614 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.