7719 BURNET RD TX 78757
| Owner | N V METRO IV LTD |
|---|---|
| Parcel ID | 0238050216 |
| Short ID | 776803 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 149,239 SF |
| Land SF | 385,419 SF |
| Acres | 8.848 |
| Year Built | 1970 |
| Legal | LOT 1C-1 NORTH VILLAGE NO 2 RESUB OF LT 1 RESUB OF LT 1C |
| Neighborhood | 42CEN |
| Land | $21,853,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $21,853,250 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $21,117,547 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,117,547 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,117,547 |
| Taxable Value | $21,117,547 |
|---|
Appreciation: Market value has fallen -4.2% from $22,035,000 (2021) to $21,117,547 (2025), a CAGR of -1.1% 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 $432,167. 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 103% of market value ($21,853,250 land vs $0 improvements), about $57/SF of land. With value concentrated in the land under a ~56-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 $21,117,547, 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 -1.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,024,261 by 2030, with an estimated annual tax burden around $377,206. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 262,032 SF | ✗ |
| 1ST | 1st Floor | 111,889 SF | ✓ |
| 491 | SPRINKLER HEADS | 97,626 SF | ✗ |
| 2ND | 2nd Floor | 37,350 SF | ✓ |
| SO | Sketch Only | 30,181 SF | ✗ |
| 611 | TERRACE | 14,537 SF | ✗ |
| 501 | CANOPY | 13,945 SF | ✗ |
| MEZZ | Mezzanine | 484 SF | ✓ |
| 407 | LOADING DOCK | 297 SF | ✓ |
| 327 | STORAGE COMM'L | 96 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% | $195,379.54 | $195,379.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $110,659.54 | $110,659.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $79,369.24 | $79,369.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $24,923.56 | $24,923.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $21,835.54 | $21,835.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $432,167.42 | $432,167.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,079,294 | $21,117,547 | -0.2% |
| Assessed Value | $21,079,294 | $21,117,547 | -0.2% |
| Land Value | $21,853,250 | $21,853,250 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $21,079,294 | $21,117,547 | -0.2% |
| Total Tax 2026 = estimate |
~$431,385
Estimated
|
~$432,167
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $21,079,294 | $21,079,294 | +0 (+0.0%) |
| Taxable Value | $21,079,294 | $21,079,294 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,079,294 | $21,853,250 | — | — | $21,079,294 | $21,079,294 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $21,117,547 | $21,853,250 | — | — | $21,117,547 | $21,117,547 | ~$432,167 | Partial |
| 2024 | $21,032,625 | — | — | — | $21,032,625 | $— | $416,828 | Verified |
| 2023 | $19,578,597 | — | — | — | $21,032,625 ! | $— | $380,532 | Verified |
| 2022 | $20,103,725 | — | — | −$525,128 | $19,578,597 | $— | $386,662 | Verified |
| 2021 | $22,035,000 | — | — | −$4,864,589 | $17,170,411 | $— | $437,594 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | -15.2% | -15.2% | ~100% | Not available | Partial |
| 2024 | +18.3% | +18.3% | ~100% | 1.6700% | Verified |
| 2023 | +7.4% | +7.4% | ~100% | 1.8100% | Verified |
| 2022 | -2.6% | -2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | -0.8% | -1.0% | +7.4% | 2024 | -8.8% | 2022 |
| Assessment Ratio | 100.0% | 97.1% | — | 107.4% | 2023 | 77.9% | 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 |
$432,167 | $410,757 | ~$398,814 | $437,594 | 2021 | $380,532 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$20,894,216 | ~$20,894,216 | ~2.0139% | ~$420,796 | -1.1% |
| 2027 | ~$20,673,246 | ~$20,673,246 | ~1.9814% | ~$409,617 | -2.1% |
| 2028 | ~$20,454,614 | ~$20,454,614 | ~1.9488% | ~$398,628 | -3.1% |
| 2029 | ~$20,238,293 | ~$20,238,293 | ~1.9163% | ~$387,825 | -4.2% |
| 2030 | ~$20,024,261 | ~$20,024,261 | ~1.8837% | ~$377,206 | -5.2% |
| 2026 | ~$20,471,865 | ~$20,471,865 | ~2.0465% | ~$418,954 | -3.1% |
| 2027 | ~$19,845,925 | ~$19,845,925 | ~2.0465% | ~$406,144 | -6.0% |
| 2028 | ~$19,239,123 | ~$19,239,123 | ~2.0465% | ~$393,726 | -8.9% |
| 2029 | ~$18,650,875 | ~$18,650,875 | ~2.0465% | ~$381,687 | -11.7% |
| 2030 | ~$18,080,612 | ~$18,080,612 | ~2.0465% | ~$370,017 | -14.4% |
| 2026 | ~$21,316,567 | ~$21,316,567 | ~1.9977% | ~$425,833 | +0.9% |
| 2027 | ~$21,517,462 | ~$21,517,462 | ~1.9488% | ~$419,341 | +1.9% |
| 2028 | ~$21,720,250 | ~$21,720,250 | ~1.9000% | ~$412,688 | +2.9% |
| 2029 | ~$21,924,950 | ~$21,924,950 | ~1.8512% | ~$405,873 | +3.8% |
| 2030 | ~$22,131,579 | ~$22,131,579 | ~1.8024% | ~$398,893 | +4.8% |
In 2025, this property's market value of $21,117,547 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $21,117,547 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,032,625 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $19,578,597 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $20,103,725 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $22,035,000 | $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.