8515 BURNET RD TX 78757
| Owner | 8533 BURNET LP |
|---|---|
| Parcel ID | 0241060309 |
| Short ID | 245796 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,200 SF |
| Land SF | 18,750 SF |
| Acres | 0.430 |
| Year Built | 2014 |
| Legal | LOT 7-9 BLK B BOWLING GREEN |
| Neighborhood | 33CEN |
| Land | $1,218,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,218,750 |
| Improvement | $46,004 |
|---|---|
| Total Improvement | $46,004 |
| Market | $1,264,754 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,264,754 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,264,754 |
| Taxable Value | $1,264,754 |
|---|
Appreciation: Market value has fallen -5.6% from $1,340,320 (2021) to $1,264,754 (2025), a CAGR of -1.4% 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 $25,883. 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 ($1,218,750 land vs $46,004 improvements), about $65/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 $1,264,754, 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 -1.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,176,259 by 2030, with an estimated annual tax burden around $22,158. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,800 SF | ✗ |
| 501 | CANOPY | 1,250 SF | ✗ |
| 1ST | 1st Floor | 1,200 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% | $11,701.50 | $11,701.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,627.53 | $6,627.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,753.51 | $4,753.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,492.70 | $1,492.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,307.76 | $1,307.76 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,883.00 | $25,883.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,286,243 | $1,264,754 | +1.7% |
| Assessed Value | $1,286,243 | $1,264,754 | +1.7% |
| Land Value | $1,218,750 | $1,218,750 | +0.0% |
| Improvement Value | $67,493 | $46,004 | +46.7% |
| Taxable Value | $1,286,243 | $1,264,754 | +1.7% |
| Total Tax 2026 = estimate |
~$26,323
Estimated
|
~$25,883
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,353,738 | $1,286,243 | -67,495 (-5.0%) |
| Taxable Value | $1,353,738 | $1,286,243 | -67,495 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,286,243 | $1,218,750 | $67,493 | — | $1,286,243 | $1,286,243 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,264,754 | $1,218,750 | $46,004 | — | $1,264,754 | $1,264,754 | ~$25,883 | Partial |
| 2024 | $1,218,750 | — | — | — | $1,218,750 | $— | $24,878 | Verified |
| 2023 | $1,218,750 | — | — | — | $1,218,750 | $— | $22,050 | Verified |
| 2022 | $1,340,320 | — | — | −$121,570 | $1,218,750 | $— | $24,069 | Verified |
| 2021 | $1,340,320 | — | — | −$215,320 | $1,125,000 | $— | $26,656 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.0% | +7.0% | ~100% | Not available | Partial |
| 2025 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | -9.1% | -9.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.7% | -0.7% | -1.8% | +3.8% | 2025 | -9.1% | 2023 |
| Assessment Ratio | 100.0% | 95.8% | — | 100.0% | 2023 | 83.9% | 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 |
$25,883 | $24,707 | ~$23,615 | $26,656 | 2021 | $22,050 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,246,538 | ~$1,246,538 | ~2.0139% | ~$25,104 | -1.4% |
| 2027 | ~$1,228,584 | ~$1,228,584 | ~1.9814% | ~$24,343 | -2.9% |
| 2028 | ~$1,210,889 | ~$1,210,889 | ~1.9488% | ~$23,598 | -4.3% |
| 2029 | ~$1,193,448 | ~$1,193,448 | ~1.9163% | ~$22,870 | -5.6% |
| 2030 | ~$1,176,259 | ~$1,176,259 | ~1.8837% | ~$22,158 | -7.0% |
| 2026 | ~$1,221,243 | ~$1,221,243 | ~2.0465% | ~$24,993 | -3.4% |
| 2027 | ~$1,179,228 | ~$1,179,228 | ~2.0465% | ~$24,133 | -6.8% |
| 2028 | ~$1,138,659 | ~$1,138,659 | ~2.0465% | ~$23,302 | -10.0% |
| 2029 | ~$1,099,486 | ~$1,099,486 | ~2.0465% | ~$22,501 | -13.1% |
| 2030 | ~$1,061,661 | ~$1,061,661 | ~2.0465% | ~$21,727 | -16.1% |
| 2026 | ~$1,271,833 | ~$1,271,833 | ~1.9977% | ~$25,407 | +0.6% |
| 2027 | ~$1,278,951 | ~$1,278,951 | ~1.9488% | ~$24,925 | +1.1% |
| 2028 | ~$1,286,110 | ~$1,286,110 | ~1.9000% | ~$24,436 | +1.7% |
| 2029 | ~$1,293,308 | ~$1,293,308 | ~1.8512% | ~$23,942 | +2.3% |
| 2030 | ~$1,300,547 | ~$1,300,547 | ~1.8024% | ~$23,441 | +2.8% |
In 2025, this property's market value of $1,264,754 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -11% 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 | $1,264,754 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,218,750 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,218,750 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,340,320 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,340,320 | $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.