7935 BURNET RD TX
| Owner | OLEARY SHAWN & JEFF OLEARY |
|---|---|
| Parcel ID | 0239060206 |
| Short ID | 242318 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,652 SF |
| Land SF | 16,520 SF |
| Acres | 0.379 |
| Year Built | 1956 |
| Legal | LOT 6 BLK A NORTH PLAINS |
| Neighborhood | 20CEN |
| Land | $1,177,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,177,050 |
| Improvement | $53,693 |
|---|---|
| Total Improvement | $53,693 |
| Market | $1,230,743 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,230,743 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,230,743 |
| Taxable Value | $1,230,743 |
|---|
Appreciation: Market value has risen +110.1% from $585,700 (2021) to $1,230,743 (2025), a CAGR of 20.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 outpaced 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 $25,187. 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 ($1,177,050 land vs $53,693 improvements), about $71/SF of land. With value concentrated in the land under a ~70-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 $1,230,743, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,113,742 by 2030, with an estimated annual tax burden around $37,338. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,652 SF | ✓ |
| 551 | PAVED AREA | 3,043 SF | ✗ |
| 031C | GARAGE DET 1ST COMM | 836 SF | ✓ |
| 501 | CANOPY | 296 SF | ✗ |
| 581C | STORAGE ATT COMM | 264 SF | ✓ |
Market value changed by 82% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $11,386.83 | $11,386.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,449.30 | $6,449.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,625.69 | $4,625.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,452.56 | $1,452.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,272.59 | $1,272.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,186.97 | $25,186.97 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,233,885 | $1,230,743 | +0.3% |
| Assessed Value | $1,233,885 | $1,230,743 | +0.3% |
| Land Value | $1,177,050 | $1,177,050 | +0.0% |
| Improvement Value | $56,835 | $53,693 | +5.9% |
| Taxable Value | $1,233,885 | $1,230,743 | +0.3% |
| Total Tax 2026 = estimate |
~$25,251
Estimated
|
~$25,187
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,233,885 | $1,233,885 | +0 (+0.0%) |
| Taxable Value | $1,233,885 | $1,233,885 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,233,885 | $1,177,050 | $56,835 | — | $1,233,885 | $1,233,885 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,230,743 | $1,177,050 | $53,693 | — | $1,230,743 | $1,230,743 | ~$25,187 | Partial |
| 2024 | $670,417 | — | — | −$81,892 | $588,525 | $— | $23,815 | Verified |
| 2023 | $670,417 | — | — | −$81,892 | $588,525 | $— | $12,130 | Verified |
| 2022 | $567,105 | — | — | — | $588,525 ! | $— | $13,240 | Verified |
| 2021 | $585,700 | — | — | −$75,645 | $510,055 | $— | $12,344 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | +2.4% | +2.4% | ~100% | Not available | Partial |
| 2024 | -1.3% | -1.3% | ~100% | 1.9800% | Verified |
| 2023 | +81.6% ! | +81.6% | ~100% | 1.0000% | Verified |
| 2022 | +18.2% | +18.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +117.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +19.8% | +20.3% | +83.6% | 2025 | -3.2% | 2022 |
| Assessment Ratio | 100.0% | 94.4% | — | 103.8% | 2022 | 87.1% | 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 |
$25,187 | $17,343 | ~$32,113 | $25,187 | 2025 | $12,130 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,481,803 | ~$1,353,817 | ~2.0139% | ~$27,265 | +20.4% |
| 2027 | ~$1,784,076 | ~$1,489,199 | ~1.9814% | ~$29,507 | +45.0% |
| 2028 | ~$2,148,011 | ~$1,638,119 | ~1.9488% | ~$31,924 | +74.5% |
| 2029 | ~$2,586,185 | ~$1,801,931 | ~1.9163% | ~$34,530 | +110.1% |
| 2030 | ~$3,113,742 | ~$1,982,124 | ~1.8837% | ~$37,338 | +153.0% |
| 2026 | ~$1,457,188 | ~$1,353,817 | ~2.0465% | ~$27,706 | +18.4% |
| 2027 | ~$1,725,297 | ~$1,489,199 | ~2.0465% | ~$30,476 | +40.2% |
| 2028 | ~$2,042,735 | ~$1,638,119 | ~2.0465% | ~$33,524 | +66.0% |
| 2029 | ~$2,418,578 | ~$1,801,931 | ~2.0465% | ~$36,876 | +96.5% |
| 2030 | ~$2,863,574 | ~$1,982,124 | ~2.0465% | ~$40,564 | +132.7% |
| 2026 | ~$1,506,418 | ~$1,353,817 | ~1.9977% | ~$27,045 | +22.4% |
| 2027 | ~$1,843,841 | ~$1,489,199 | ~1.9488% | ~$29,022 | +49.8% |
| 2028 | ~$2,256,844 | ~$1,638,119 | ~1.9000% | ~$31,125 | +83.4% |
| 2029 | ~$2,762,355 | ~$1,801,931 | ~1.8512% | ~$33,357 | +124.4% |
| 2030 | ~$3,381,096 | ~$1,982,124 | ~1.8024% | ~$35,725 | +174.7% |
In 2025, this property's market value of $1,230,743 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 | $1,230,743 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $670,417 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $670,417 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $567,105 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $585,700 | $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.