8221 BURNET RD TX 78757
| Owner | COTHRON LAND & CATTLE CO LP |
|---|---|
| Parcel ID | 0241070105 |
| Short ID | 246005 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,600 SF |
| Land SF | 18,126 SF |
| Acres | 0.416 |
| Year Built | 1968 |
| Legal | LOT 1 JACKSON TERRACE NO 2 AMENDED |
| Neighborhood | 20CEN |
| Land | $1,359,450 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,359,450 |
| Improvement | $44,629 |
|---|---|
| Total Improvement | $44,629 |
| Market | $1,404,079 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,404,079 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,404,079 |
| Taxable Value | $1,404,079 |
|---|
Appreciation: Market value has risen +21.9% from $1,151,535 (2021) to $1,404,079 (2025), a CAGR of 5.1% over 4 years. This represents moderate, steady growth. 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 $28,734. 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 97% of market value ($1,359,450 land vs $44,629 improvements), about $75/SF of land. With value concentrated in the land under a ~58-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 $1,404,079, 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 +5.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,799,014 by 2030, with an estimated annual tax burden around $33,889. 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 | 11,700 SF | ✗ |
| 1ST | 1st Floor | 3,600 SF | ✓ |
| 501 | CANOPY | 600 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% | $12,990.54 | $12,990.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,357.61 | $7,357.61 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,277.16 | $5,277.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,657.14 | $1,657.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,451.82 | $1,451.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,734.27 | $28,734.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,407,327 | $1,404,079 | +0.2% |
| Assessed Value | $1,407,327 | $1,404,079 | +0.2% |
| Land Value | $1,359,450 | $1,359,450 | +0.0% |
| Improvement Value | $47,877 | $44,629 | +7.3% |
| Taxable Value | $1,407,327 | $1,404,079 | +0.2% |
| Total Tax 2026 = estimate |
~$28,801
Estimated
|
~$28,734
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,407,327 | $1,407,327 | +0 (+0.0%) |
| Taxable Value | $1,407,327 | $1,407,327 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,407,327 | $1,359,450 | $47,877 | — | $1,407,327 | $1,407,327 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,404,079 | $1,359,450 | $44,629 | — | $1,404,079 | $1,404,079 | ~$28,734 | Partial |
| 2024 | $1,359,450 | — | — | — | $1,359,450 | $— | $27,825 | Verified |
| 2023 | $1,246,189 | — | — | — | $1,359,450 ! | $— | $24,596 | Verified |
| 2022 | $1,038,000 | — | — | — | $1,246,189 ! | $— | $24,611 | Verified |
| 2021 | $1,151,535 | — | — | −$169,935 | $981,600 | $— | $22,594 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -3.3% | -3.3% | ~100% | 1.9800% | Verified |
| 2023 | +16.5% | +16.5% | ~100% | 1.6900% | Verified |
| 2022 | +20.1% | +20.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +4.6% | +5.0% | +20.1% | 2023 | -9.9% | 2022 |
| Assessment Ratio | 100.0% | 102.4% | — | 120.1% | 2022 | 85.2% | 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 |
$28,734 | $25,672 | ~$31,776 | $28,734 | 2025 | $22,594 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,475,435 | ~$1,475,435 | ~2.0139% | ~$29,714 | +5.1% |
| 2027 | ~$1,550,418 | ~$1,550,418 | ~1.9814% | ~$30,720 | +10.4% |
| 2028 | ~$1,629,211 | ~$1,629,211 | ~1.9488% | ~$31,751 | +16.0% |
| 2029 | ~$1,712,009 | ~$1,712,009 | ~1.9163% | ~$32,807 | +21.9% |
| 2030 | ~$1,799,014 | ~$1,799,014 | ~1.8837% | ~$33,889 | +28.1% |
| 2026 | ~$1,447,354 | ~$1,447,354 | ~2.0465% | ~$29,620 | +3.1% |
| 2027 | ~$1,491,962 | ~$1,491,962 | ~2.0465% | ~$30,533 | +6.3% |
| 2028 | ~$1,537,945 | ~$1,537,945 | ~2.0465% | ~$31,474 | +9.5% |
| 2029 | ~$1,585,346 | ~$1,585,346 | ~2.0465% | ~$32,444 | +12.9% |
| 2030 | ~$1,634,207 | ~$1,634,207 | ~2.0465% | ~$33,444 | +16.4% |
| 2026 | ~$1,503,517 | ~$1,503,517 | ~1.9977% | ~$30,035 | +7.1% |
| 2027 | ~$1,609,997 | ~$1,609,997 | ~1.9488% | ~$31,376 | +14.7% |
| 2028 | ~$1,724,018 | ~$1,724,018 | ~1.9000% | ~$32,757 | +22.8% |
| 2029 | ~$1,846,114 | ~$1,846,114 | ~1.8512% | ~$34,175 | +31.5% |
| 2030 | ~$1,976,857 | ~$1,976,857 | ~1.8024% | ~$35,630 | +40.8% |
In 2025, this property's market value of $1,404,079 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -1% 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 | $1,404,079 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,359,450 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,246,189 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,038,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,151,535 | $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.