7500 BURNET RD TX 78757
| Owner | 7500 BURNET LP |
|---|---|
| Parcel ID | 0236050920 |
| Short ID | 239127 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 667 SF |
| Land SF | 15,464 SF |
| Acres | 0.355 |
| Year Built | 1975 |
| Legal | E115FT OF LOT 2 BLK R ALLANDALE PARK SEC 5 |
| Neighborhood | 20CEN |
| Land | $1,237,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,237,120 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,237,120 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,237,120 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,237,120 |
| Taxable Value | $1,237,120 |
|---|
Appreciation: Market value has risen +11.2% from $1,112,092 (2021) to $1,237,120 (2025), a CAGR of 2.7% 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 $25,317. 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 100% of market value ($1,237,120 land vs $0 improvements), about $80/SF of land. With value concentrated in the land under a ~51-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 $1,237,120, this parcel sits in the lower-middle (25th–50th 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 +2.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,413,353 by 2030, with an estimated annual tax burden around $26,624. 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 | 10,400 SF | ✗ |
| 501 | CANOPY | 920 SF | ✗ |
| SO | Sketch Only | 920 SF | ✗ |
| 1ST | 1st Floor | 667 SF | ✓ |
| 336 | FENCE MASON FV | 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% | $11,445.83 | $11,445.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,482.72 | $6,482.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,649.65 | $4,649.65 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,460.09 | $1,460.09 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,279.18 | $1,279.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,317.47 | $25,317.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,257,849 | $1,237,120 | +1.7% |
| Assessed Value | $1,257,849 | $1,237,120 | +1.7% |
| Land Value | $1,237,120 | $1,237,120 | +0.0% |
| Improvement Value | $20,729 | — | — |
| Taxable Value | $1,257,849 | $1,237,120 | +1.7% |
| Total Tax 2026 = estimate |
~$25,742
Estimated
|
~$25,317
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,356,054 | $1,257,849 | -98,205 (-7.2%) |
| Taxable Value | $1,356,054 | $1,257,849 | -98,205 (-7.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,257,849 | $1,237,120 | $20,729 | — | $1,257,849 | $1,257,849 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,237,120 | $1,237,120 | — | — | $1,237,120 | $1,237,120 | ~$25,317 | Partial |
| 2024 | $1,320,674 | — | — | −$83,554 | $1,237,120 | $— | $25,304 | Verified |
| 2023 | $1,294,853 | — | — | −$57,733 | $1,237,120 | $— | $23,243 | Verified |
| 2022 | $1,112,691 | — | — | — | $1,237,120 ! | $— | $14,257 | Verified |
| 2021 | $1,112,092 | — | — | −$29,612 | $1,082,480 | $— | $24,220 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.6% | +9.6% | ~100% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | -3.3% | -3.3% | ~100% | 1.9800% | Verified |
| 2023 | +2.0% | +2.0% | ~100% | 1.7600% | Verified |
| 2022 | +16.4% | +16.4% | ~100% | 1.1000% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | +2.8% | +2.4% | +16.4% | 2023 | -6.3% | 2025 |
| Assessment Ratio | 100.0% | 99.6% | — | 111.2% | 2022 | 93.7% | 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 |
$25,317 | $22,468 | ~$26,110 | $25,317 | 2025 | $14,257 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,270,514 | ~$1,270,514 | ~2.0139% | ~$25,587 | +2.7% |
| 2027 | ~$1,304,810 | ~$1,304,810 | ~1.9814% | ~$25,853 | +5.5% |
| 2028 | ~$1,340,032 | ~$1,340,032 | ~1.9488% | ~$26,115 | +8.3% |
| 2029 | ~$1,376,204 | ~$1,376,204 | ~1.9163% | ~$26,372 | +11.2% |
| 2030 | ~$1,413,353 | ~$1,413,353 | ~1.8837% | ~$26,624 | +14.2% |
| 2026 | ~$1,245,772 | ~$1,245,772 | ~2.0465% | ~$25,495 | +0.7% |
| 2027 | ~$1,254,485 | ~$1,254,485 | ~2.0465% | ~$25,673 | +1.4% |
| 2028 | ~$1,263,258 | ~$1,263,258 | ~2.0465% | ~$25,852 | +2.1% |
| 2029 | ~$1,272,093 | ~$1,272,093 | ~2.0465% | ~$26,033 | +2.8% |
| 2030 | ~$1,280,990 | ~$1,280,990 | ~2.0465% | ~$26,215 | +3.5% |
| 2026 | ~$1,295,257 | ~$1,295,257 | ~1.9977% | ~$25,875 | +4.7% |
| 2027 | ~$1,356,126 | ~$1,356,126 | ~1.9488% | ~$26,429 | +9.6% |
| 2028 | ~$1,419,855 | ~$1,419,855 | ~1.9000% | ~$26,977 | +14.8% |
| 2029 | ~$1,486,579 | ~$1,486,579 | ~1.8512% | ~$27,519 | +20.2% |
| 2030 | ~$1,556,439 | ~$1,556,439 | ~1.8024% | ~$28,053 | +25.8% |
In 2025, this property's market value of $1,237,120 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% 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 | $1,237,120 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,320,674 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,294,853 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,112,691 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,112,092 | $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.