7514 BURNET RD TX 78757
| Owner | BUDGET LEASING INC |
|---|---|
| Parcel ID | 0236050919 |
| Short ID | 239126 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 4,050 SF |
| Land SF | 20,000 SF |
| Acres | 0.459 |
| Year Built | 1967 |
| Legal | LOT 3A ALLANDALE PARK RESUB NO 7 |
| Neighborhood | 83NOR |
| Land | $1,600,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,600,000 |
| Improvement | $39,339 |
|---|---|
| Total Improvement | $39,339 |
| Market | $1,639,339 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,639,339 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,639,339 |
| Taxable Value | $1,639,339 |
|---|
Appreciation: Market value has risen +14.7% from $1,428,838 (2021) to $1,639,339 (2025), a CAGR of 3.5% 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 $33,549. 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 98% of market value ($1,600,000 land vs $39,339 improvements), about $80/SF of land. With value concentrated in the land under a ~59-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 $1,639,339, 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 +3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,946,597 by 2030, with an estimated annual tax burden around $36,669. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,946 SF | ✗ |
| 1ST | 1st Floor | 4,050 SF | ✓ |
| SO | Sketch Only | 540 SF | ✗ |
| 501 | CANOPY | 270 SF | ✗ |
| 541 | FENCE COMM LF | 140 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% | $15,167.16 | $15,167.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,590.42 | $8,590.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,161.37 | $6,161.37 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,934.80 | $1,934.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,695.08 | $1,695.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $33,548.83 | $33,548.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,933,000 | $1,639,339 | +17.9% |
| Assessed Value | $1,933,000 | $1,639,339 | +17.9% |
| Land Value | $1,600,000 | $1,600,000 | +0.0% |
| Improvement Value | $333,000 | $39,339 | +746.5% |
| Taxable Value | $1,933,000 | $1,639,339 | +17.9% |
| Total Tax 2026 = estimate |
~$39,559
Estimated
|
~$33,549
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,933,000 | $1,933,000 | +0 (+0.0%) |
| Taxable Value | $1,933,000 | $1,933,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,933,000 | $1,600,000 | $333,000 | — | $1,933,000 | $1,933,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,639,339 | $1,600,000 | $39,339 | — | $1,639,339 | $1,639,339 | ~$33,549 | Partial |
| 2024 | $1,750,657 | — | — | −$150,657 | $1,600,000 | $— | $34,695 | Verified |
| 2023 | $1,741,736 | — | — | −$141,736 | $1,600,000 | $— | $31,674 | Verified |
| 2022 | $1,429,187 | — | — | — | $1,600,000 ! | $— | $34,398 | Verified |
| 2021 | $1,428,838 | — | — | −$28,838 | $1,400,000 | $— | $31,109 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +17.9% | +17.9% | ~100% | Not available | Partial |
| 2025 | -6.4% | -6.4% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.5% | +0.5% | ~100% | 1.8100% | Verified |
| 2022 | +21.9% | +21.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +17.9% | +6.8% | +0.4% | +21.9% | 2023 | -6.4% | 2025 |
| Assessment Ratio | 100.0% | 98.9% | — | 112.0% | 2022 | 91.4% | 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 |
$33,549 | $33,085 | ~$35,418 | $34,695 | 2024 | $31,109 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,696,642 | ~$1,696,642 | ~2.0139% | ~$34,169 | +3.5% |
| 2027 | ~$1,755,948 | ~$1,755,948 | ~1.9814% | ~$34,792 | +7.1% |
| 2028 | ~$1,817,327 | ~$1,817,327 | ~1.9488% | ~$35,417 | +10.9% |
| 2029 | ~$1,880,852 | ~$1,880,852 | ~1.9163% | ~$36,043 | +14.7% |
| 2030 | ~$1,946,597 | ~$1,946,597 | ~1.8837% | ~$36,669 | +18.7% |
| 2026 | ~$1,663,855 | ~$1,663,855 | ~2.0465% | ~$34,051 | +1.5% |
| 2027 | ~$1,688,738 | ~$1,688,738 | ~2.0465% | ~$34,560 | +3.0% |
| 2028 | ~$1,713,993 | ~$1,713,993 | ~2.0465% | ~$35,077 | +4.6% |
| 2029 | ~$1,739,626 | ~$1,739,626 | ~2.0465% | ~$35,601 | +6.1% |
| 2030 | ~$1,765,642 | ~$1,765,642 | ~2.0465% | ~$36,134 | +7.7% |
| 2026 | ~$1,729,429 | ~$1,729,429 | ~1.9977% | ~$34,548 | +5.5% |
| 2027 | ~$1,824,469 | ~$1,824,469 | ~1.9488% | ~$35,556 | +11.3% |
| 2028 | ~$1,924,733 | ~$1,924,733 | ~1.9000% | ~$36,570 | +17.4% |
| 2029 | ~$2,030,507 | ~$2,030,507 | ~1.8512% | ~$37,589 | +23.9% |
| 2030 | ~$2,142,093 | ~$2,142,093 | ~1.8024% | ~$38,608 | +30.7% |
In 2025, this property's market value of $1,639,339 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +16% 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 | $1,639,339 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,750,657 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,741,736 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,429,187 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,428,838 | $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.