7425 BURNET RD TX 78757
| Owner | W/M INVESTMENT # 2 -RICHCREEK |
|---|---|
| Parcel ID | 0236050311 |
| Short ID | 239046 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 15,524 SF |
| Land SF | 50,769 SF |
| Acres | 1.165 |
| Year Built | 1971 |
| Legal | LOT 3 *LESS N5FT PARKER R T SUBD |
| Neighborhood | 43CEN |
| Land | $4,061,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,061,520 |
| Improvement | $196,835 |
|---|---|
| Total Improvement | $196,835 |
| Market | $4,258,355 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,258,355 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,258,355 |
| Taxable Value | $4,258,355 |
|---|
Appreciation: Market value has risen +15.3% from $3,693,000 (2021) to $4,258,355 (2025), a CAGR of 3.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $87,147. 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 ($4,061,520 land vs $196,835 improvements), about $80/SF of land. With value concentrated in the land under a ~55-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 $4,258,355, 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 +3.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,088,269 by 2030, with an estimated annual tax burden around $95,850. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,000 SF | ✗ |
| 1ST | 1st Floor | 15,524 SF | ✓ |
| 611 | TERRACE | 3,148 SF | ✗ |
| 501 | CANOPY | 1,408 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% | $39,398.30 | $39,398.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $22,314.50 | $22,314.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,004.81 | $16,004.81 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,025.84 | $5,025.84 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,403.14 | $4,403.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $87,146.59 | $87,146.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,270,681 | $4,258,355 | +0.3% |
| Assessed Value | $4,270,681 | $4,258,355 | +0.3% |
| Land Value | $4,061,520 | $4,061,520 | +0.0% |
| Improvement Value | $209,161 | $196,835 | +6.3% |
| Taxable Value | $4,270,681 | $4,258,355 | +0.3% |
| Total Tax 2026 = estimate |
~$87,399
Estimated
|
~$87,147
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,270,681 | $4,270,681 | +0 (+0.0%) |
| Taxable Value | $4,270,681 | $4,270,681 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,270,681 | $4,061,520 | $209,161 | — | $4,270,681 | $4,270,681 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,258,355 | $4,061,520 | $196,835 | — | $4,258,355 | $4,258,355 | ~$87,147 | Partial |
| 2024 | $4,458,696 | — | — | −$397,176 | $4,061,520 | $— | $84,354 | Verified |
| 2023 | $4,349,557 | — | — | −$288,037 | $4,061,520 | $— | $80,669 | Verified |
| 2022 | $3,841,867 | — | — | — | $4,061,520 ! | $— | $85,900 | Verified |
| 2021 | $3,693,000 | — | — | −$139,170 | $3,553,830 | $— | $83,625 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -4.5% | -4.5% | ~100% | 1.9800% | Verified |
| 2023 | +2.5% | +2.5% | ~100% | 1.8100% | Verified |
| 2022 | +13.2% | +13.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +3.1% | +3.6% | +13.2% | 2023 | -4.5% | 2025 |
| Assessment Ratio | 100.0% | 97.7% | — | 105.7% | 2022 | 91.1% | 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 |
$87,147 | $84,339 | ~$92,353 | $87,147 | 2025 | $80,669 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,412,731 | ~$4,412,731 | ~2.0139% | ~$88,870 | +3.6% |
| 2027 | ~$4,572,705 | ~$4,572,705 | ~1.9814% | ~$90,603 | +7.4% |
| 2028 | ~$4,738,477 | ~$4,738,477 | ~1.9488% | ~$92,345 | +11.3% |
| 2029 | ~$4,910,259 | ~$4,910,259 | ~1.9163% | ~$94,095 | +15.3% |
| 2030 | ~$5,088,269 | ~$5,088,269 | ~1.8837% | ~$95,850 | +19.5% |
| 2026 | ~$4,327,564 | ~$4,327,564 | ~2.0465% | ~$88,563 | +1.6% |
| 2027 | ~$4,397,899 | ~$4,397,899 | ~2.0465% | ~$90,002 | +3.3% |
| 2028 | ~$4,469,376 | ~$4,469,376 | ~2.0465% | ~$91,465 | +5.0% |
| 2029 | ~$4,542,015 | ~$4,542,015 | ~2.0465% | ~$92,952 | +6.7% |
| 2030 | ~$4,615,835 | ~$4,615,835 | ~2.0465% | ~$94,462 | +8.4% |
| 2026 | ~$4,497,899 | ~$4,497,899 | ~1.9977% | ~$89,853 | +5.6% |
| 2027 | ~$4,750,917 | ~$4,750,917 | ~1.9488% | ~$92,588 | +11.6% |
| 2028 | ~$5,018,169 | ~$5,018,169 | ~1.9000% | ~$95,346 | +17.8% |
| 2029 | ~$5,300,454 | ~$5,300,454 | ~1.8512% | ~$98,122 | +24.5% |
| 2030 | ~$5,598,618 | ~$5,598,618 | ~1.8024% | ~$100,908 | +31.5% |
In 2025, this property's market value of $4,258,355 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,258,355 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,458,696 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,349,557 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,841,867 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,693,000 | $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.