7718 BURNET RD TX 78757
| Owner | CFT DEVELOPMENTS LLC |
|---|---|
| Parcel ID | 0238050112 |
| Short ID | 241265 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,542 SF |
| Land SF | 27,386 SF |
| Acres | 0.629 |
| Year Built | 2007 |
| Legal | LOT 3C *RESUB OF PT OF LT 3 NORTHCROSS SEC 2 |
| Neighborhood | 33CEN |
| Land | $2,190,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,190,880 |
| Improvement | $83,690 |
|---|---|
| Total Improvement | $83,690 |
| Market | $2,274,570 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,274,570 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,274,570 |
| Taxable Value | $2,274,570 |
|---|
Appreciation: Market value has fallen -5.2% from $2,400,000 (2021) to $2,274,570 (2025), a CAGR of -1.3% 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 $46,549. 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 96% of market value ($2,190,880 land vs $83,690 improvements), about $80/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $2,274,570, 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 -1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,126,960 by 2030, with an estimated annual tax burden around $40,066. 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 | 15,000 SF | ✗ |
| 1ST | 1st Floor | 2,542 SF | ✓ |
| 491 | SPRINKLER HEADS | 2,542 SF | ✗ |
| 611 | TERRACE | 1,581 SF | ✗ |
| 501 | CANOPY | 65 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% | $21,044.32 | $21,044.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,919.13 | $11,919.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,548.86 | $8,548.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,684.52 | $2,684.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,351.91 | $2,351.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $46,548.74 | $46,548.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,278,492 | $2,274,570 | +0.2% |
| Assessed Value | $2,278,492 | $2,274,570 | +0.2% |
| Land Value | $2,190,880 | $2,190,880 | +0.0% |
| Improvement Value | $87,612 | $83,690 | +4.7% |
| Taxable Value | $2,278,492 | $2,274,570 | +0.2% |
| Total Tax 2026 = estimate |
~$46,629
Estimated
|
~$46,549
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,278,492 | $2,278,492 | +0 (+0.0%) |
| Taxable Value | $2,278,492 | $2,278,492 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,278,492 | $2,190,880 | $87,612 | — | $2,278,492 | $2,278,492 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,274,570 | $2,190,880 | $83,690 | — | $2,274,570 | $2,274,570 | ~$46,549 | Partial |
| 2024 | $2,282,000 | — | — | −$91,120 | $2,190,880 | $— | $45,978 | Verified |
| 2023 | $2,250,000 | — | — | −$59,120 | $2,190,880 | $— | $41,287 | Verified |
| 2022 | $2,200,446 | — | — | −$9,566 | $2,190,880 | $— | $43,498 | Verified |
| 2021 | $2,400,000 | — | — | −$482,980 | $1,917,020 | $— | $45,816 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +1.7% | +1.7% | ~100% | 1.9800% | Verified |
| 2023 | +1.4% | +1.4% | ~100% | 1.8100% | Verified |
| 2022 | +2.3% | +2.3% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 1.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | -0.9% | -1.4% | +2.3% | 2023 | -8.3% | 2022 |
| Assessment Ratio | 100.0% | 95.5% | — | 100.0% | 2025 | 79.9% | 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 |
$46,549 | $44,625 | ~$42,605 | $46,549 | 2025 | $41,287 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,244,250 | ~$2,244,250 | ~2.0139% | ~$45,198 | -1.3% |
| 2027 | ~$2,214,335 | ~$2,214,335 | ~1.9814% | ~$43,875 | -2.6% |
| 2028 | ~$2,184,818 | ~$2,184,818 | ~1.9488% | ~$42,579 | -3.9% |
| 2029 | ~$2,155,695 | ~$2,155,695 | ~1.9163% | ~$41,309 | -5.2% |
| 2030 | ~$2,126,960 | ~$2,126,960 | ~1.8837% | ~$40,066 | -6.5% |
| 2026 | ~$2,198,759 | ~$2,198,759 | ~2.0465% | ~$44,997 | -3.3% |
| 2027 | ~$2,125,475 | ~$2,125,475 | ~2.0465% | ~$43,498 | -6.6% |
| 2028 | ~$2,054,633 | ~$2,054,633 | ~2.0465% | ~$42,048 | -9.7% |
| 2029 | ~$1,986,153 | ~$1,986,153 | ~2.0465% | ~$40,646 | -12.7% |
| 2030 | ~$1,919,955 | ~$1,919,955 | ~2.0465% | ~$39,292 | -15.6% |
| 2026 | ~$2,289,742 | ~$2,289,742 | ~1.9977% | ~$45,741 | +0.7% |
| 2027 | ~$2,305,015 | ~$2,305,015 | ~1.9488% | ~$44,921 | +1.3% |
| 2028 | ~$2,320,390 | ~$2,320,390 | ~1.9000% | ~$44,088 | +2.0% |
| 2029 | ~$2,335,867 | ~$2,335,867 | ~1.8512% | ~$43,241 | +2.7% |
| 2030 | ~$2,351,448 | ~$2,351,448 | ~1.8024% | ~$42,382 | +3.4% |
In 2025, this property's market value of $2,274,570 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +60% 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 | $2,274,570 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,282,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,250,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,200,446 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,400,000 | $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.