8440 BURNET RD TX 78757
| Owner | OP II ATX 8440 BURNET ROAD LTD |
|---|---|
| Parcel ID | 0241061016 |
| Short ID | 245933 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 42,846 SF |
| Land SF | 178,639 SF |
| Acres | 4.101 |
| Year Built | 1984 |
| Legal | LOT 1 BLK A WOODCHASE SEC 1 |
| Neighborhood | 43CEN |
| Land | $11,611,535 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,611,535 |
| Improvement | $611,847 |
|---|---|
| Total Improvement | $611,847 |
| Market | $12,223,382 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,223,382 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,223,382 |
| Taxable Value | $12,223,382 |
|---|
Appreciation: Market value has risen +10.4% from $11,073,000 (2021) to $12,223,382 (2025), a CAGR of 2.5% 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 $250,150. 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 95% of market value ($11,611,535 land vs $611,847 improvements), about $65/SF of land. With value concentrated in the land under a ~42-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 $12,223,382, 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 +2.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,830,854 by 2030, with an estimated annual tax burden around $260,538. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 91,200 SF | ✗ |
| 1ST | 1st Floor | 42,846 SF | ✓ |
| 611 | TERRACE | 6,952 SF | ✗ |
| 501 | CANOPY | 5,928 SF | ✗ |
| 541 | FENCE COMM LF | 590 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $113,090.73 | $113,090.73 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $64,052.60 | $64,052.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,940.97 | $45,940.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,426.40 | $14,426.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,638.98 | $12,638.98 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $250,149.68 | $250,149.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,223,382 | $12,223,382 | +0.0% |
| Assessed Value | $12,223,382 | $12,223,382 | +0.0% |
| Land Value | $11,611,535 | $11,611,535 | +0.0% |
| Improvement Value | $611,847 | $611,847 | +0.0% |
| Taxable Value | $12,223,382 | $12,223,382 | +0.0% |
| Total Tax 2026 = estimate |
~$250,150
Estimated
|
~$250,150
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,261,215 | $12,223,382 | -37,833 (-0.3%) |
| Taxable Value | $12,261,215 | $12,223,382 | -37,833 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,223,382 | $11,611,535 | $611,847 | — | $12,223,382 | $12,223,382 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,223,382 | $11,611,535 | $611,847 | — | $12,223,382 | $12,223,382 | ~$250,150 | Partial |
| 2024 | $13,694,594 | — | — | −$2,083,059 | $11,611,535 | $— | $242,125 | Verified |
| 2023 | $12,507,042 | — | — | −$895,507 | $11,611,535 | $— | $247,769 | Verified |
| 2022 | $10,542,014 | — | — | — | $11,611,535 ! | $— | $247,004 | Verified |
| 2021 | $11,073,000 | — | — | −$1,343,848 | $9,729,152 | $— | $229,466 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -10.8% | -10.8% | ~100% | 1.9800% | Verified |
| 2023 | +9.5% | +9.5% | ~100% | 1.8100% | Verified |
| 2022 | +18.6% | +18.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +2.5% | +2.5% | +18.6% | 2023 | -10.7% | 2025 |
| Assessment Ratio | 100.0% | 95.9% | — | 110.1% | 2022 | 84.8% | 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 |
$250,150 | $243,303 | ~$256,489 | $250,150 | 2025 | $229,466 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,529,187 | ~$12,529,187 | ~2.0139% | ~$252,330 | +2.5% |
| 2027 | ~$12,842,643 | ~$12,842,643 | ~1.9814% | ~$254,463 | +5.1% |
| 2028 | ~$13,163,942 | ~$13,163,942 | ~1.9488% | ~$256,544 | +7.7% |
| 2029 | ~$13,493,278 | ~$13,493,278 | ~1.9163% | ~$258,570 | +10.4% |
| 2030 | ~$13,830,854 | ~$13,830,854 | ~1.8837% | ~$260,538 | +13.2% |
| 2026 | ~$12,284,720 | ~$12,284,720 | ~2.0465% | ~$251,405 | +0.5% |
| 2027 | ~$12,346,365 | ~$12,346,365 | ~2.0465% | ~$252,667 | +1.0% |
| 2028 | ~$12,408,320 | ~$12,408,320 | ~2.0465% | ~$253,934 | +1.5% |
| 2029 | ~$12,470,586 | ~$12,470,586 | ~2.0465% | ~$255,209 | +2.0% |
| 2030 | ~$12,533,164 | ~$12,533,164 | ~2.0465% | ~$256,489 | +2.5% |
| 2026 | ~$12,773,655 | ~$12,773,655 | ~1.9977% | ~$255,174 | +4.5% |
| 2027 | ~$13,348,700 | ~$13,348,700 | ~1.9488% | ~$260,145 | +9.2% |
| 2028 | ~$13,949,633 | ~$13,949,633 | ~1.9000% | ~$265,045 | +14.1% |
| 2029 | ~$14,577,619 | ~$14,577,619 | ~1.8512% | ~$269,860 | +19.3% |
| 2030 | ~$15,233,875 | ~$15,233,875 | ~1.8024% | ~$274,571 | +24.6% |
In 2025, this property's market value of $12,223,382 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,223,382 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,694,594 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,507,042 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,542,014 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,073,000 | $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.