8620 BURNET RD TX 78757
| Owner | ROCKWOOD VILLAGE HOLDINGS LLC |
|---|---|
| Parcel ID | 0244070829 |
| Short ID | 362205 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 3,694 SF |
| Land SF | 34,848 SF |
| Acres | 0.800 |
| Year Built | 1988 |
| Legal | LOT A1 BURGE BURNET SUBD 2 AMENDED PLAT OF LOTS 1&2 |
| Neighborhood | 33CEN |
| Land | $2,265,120 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,265,120 |
| Improvement | $84,880 |
|---|---|
| Total Improvement | $84,880 |
| Market | $2,350,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,350,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,350,000 |
| Taxable Value | $2,350,000 |
|---|
Appreciation: Market value has fallen -13.0% from $2,702,587 (2021) to $2,350,000 (2025), a CAGR of -3.4% 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 $48,092. 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 ($2,265,120 land vs $84,880 improvements), about $65/SF of land. With value concentrated in the land under a ~38-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 $2,350,000, this parcel sits in the upper-middle (50th–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 -3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,973,232 by 2030, with an estimated annual tax burden around $37,171. 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 | 19,400 SF | ✗ |
| 1ST | 1st Floor | 3,694 SF | ✓ |
| 611 | TERRACE | 1,028 SF | ✗ |
| 501 | CANOPY | 384 SF | ✗ |
| 541 | FENCE COMM LF | 70 SF | ✗ |
| 482 | LIGHT POLES | 1 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% | $21,742.20 | $21,742.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,314.40 | $12,314.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,832.36 | $8,832.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,773.54 | $2,773.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,429.90 | $2,429.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,092.40 | $48,092.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,350,000 | $2,350,000 | +0.0% |
| Assessed Value | $2,350,000 | $2,350,000 | +0.0% |
| Land Value | $2,265,120 | $2,265,120 | +0.0% |
| Improvement Value | $84,880 | $84,880 | +0.0% |
| Taxable Value | $2,350,000 | $2,350,000 | +0.0% |
| Total Tax 2026 = estimate |
~$48,092
Estimated
|
~$48,092
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,384,785 | $2,350,000 | -34,785 (-1.5%) |
| Taxable Value | $2,384,785 | $2,350,000 | -34,785 (-1.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,350,000 | $2,265,120 | $84,880 | — | $2,350,000 | $2,350,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,350,000 | $2,265,120 | $84,880 | — | $2,350,000 | $2,350,000 | ~$48,092 | Partial |
| 2024 | $2,300,000 | — | — | −$34,880 | $2,265,120 | $— | $46,017 | Verified |
| 2023 | $2,273,536 | — | — | −$8,416 | $2,265,120 | $— | $41,613 | Verified |
| 2022 | $2,097,000 | — | — | — | $2,265,120 ! | $— | $44,901 | Verified |
| 2021 | $2,702,587 | — | — | −$611,707 | $2,090,880 | $— | $45,645 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | +1.2% | +1.2% | ~100% | Not available | Partial |
| 2024 | +1.0% | +1.0% | ~100% | 1.9800% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.8100% | Verified |
| 2022 | +8.4% | +8.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -2.1% | -3.4% | +8.4% | 2023 | -22.4% | 2022 |
| Assessment Ratio | 100.0% | 97.2% | — | 108.0% | 2022 | 77.4% | 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 |
$48,092 | $45,253 | ~$41,338 | $48,092 | 2025 | $41,613 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,269,290 | ~$2,269,290 | ~2.0139% | ~$45,702 | -3.4% |
| 2027 | ~$2,191,351 | ~$2,191,351 | ~1.9814% | ~$43,419 | -6.8% |
| 2028 | ~$2,116,089 | ~$2,116,089 | ~1.9488% | ~$41,239 | -10.0% |
| 2029 | ~$2,043,412 | ~$2,043,412 | ~1.9163% | ~$39,158 | -13.0% |
| 2030 | ~$1,973,232 | ~$1,973,232 | ~1.8837% | ~$37,171 | -16.0% |
| 2026 | ~$2,232,500 | ~$2,232,500 | ~2.0465% | ~$45,688 | -5.0% |
| 2027 | ~$2,120,875 | ~$2,120,875 | ~2.0465% | ~$43,403 | -9.8% |
| 2028 | ~$2,014,831 | ~$2,014,831 | ~2.0465% | ~$41,233 | -14.3% |
| 2029 | ~$1,914,090 | ~$1,914,090 | ~2.0465% | ~$39,172 | -18.5% |
| 2030 | ~$1,818,385 | ~$1,818,385 | ~2.0465% | ~$37,213 | -22.6% |
| 2026 | ~$2,316,290 | ~$2,316,290 | ~1.9977% | ~$46,272 | -1.4% |
| 2027 | ~$2,283,063 | ~$2,283,063 | ~1.9488% | ~$44,493 | -2.8% |
| 2028 | ~$2,250,312 | ~$2,250,312 | ~1.9000% | ~$42,756 | -4.2% |
| 2029 | ~$2,218,032 | ~$2,218,032 | ~1.8512% | ~$41,060 | -5.6% |
| 2030 | ~$2,186,214 | ~$2,186,214 | ~1.8024% | ~$39,404 | -7.0% |
In 2025, this property's market value of $2,350,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +66% above 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 | $2,350,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,273,536 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,097,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,702,587 | $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.