9421 BURNET RD TX 78758
| Owner | B & P TRUST |
|---|---|
| Parcel ID | 0247070205 |
| Short ID | 253990 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,550 SF |
| Land SF | 33,120 SF |
| Acres | 0.760 |
| Year Built | 1976 |
| Legal | LOT 4-A LESCO ADDN |
| Neighborhood | 43NOR |
| Land | $2,815,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,815,200 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,400,000 |
| Taxable Value | $2,400,000 |
|---|
Appreciation: Market value has risen +84.7% from $1,299,672 (2021) to $2,400,000 (2025), a CAGR of 16.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $49,116. 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 117% of market value ($2,815,200 land vs $0 improvements), about $85/SF of land. With value concentrated in the land under a ~50-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 $2,400,000, 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 +16.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,166,341 by 2030, with an estimated annual tax burden around $72,811. 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 | 11,900 SF | ✗ |
| 1ST | 1st Floor | 11,550 SF | ✓ |
| 881 | COMMCL FINISHOUT | 840 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% | $22,204.80 | $22,204.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,576.41 | $12,576.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,020.28 | $9,020.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,832.55 | $2,832.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,481.60 | $2,481.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $49,115.64 | $49,115.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,400,000 | $2,400,000 | +0.0% |
| Assessed Value | $2,400,000 | $2,400,000 | +0.0% |
| Land Value | $2,815,200 | $2,815,200 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,400,000 | $2,400,000 | +0.0% |
| Total Tax 2026 = estimate |
~$49,116
Estimated
|
~$49,116
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,400,000 | $2,400,000 | +0 (+0.0%) |
| Taxable Value | $2,400,000 | $2,400,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,400,000 | $2,815,200 | — | — | $2,400,000 | $2,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,400,000 | $2,815,200 | — | — | $2,400,000 | $2,400,000 | ~$49,116 | Partial |
| 2024 | $2,400,000 | — | — | — | $2,400,000 | $— | $47,564 | Verified |
| 2023 | $1,400,000 | — | — | — | $2,400,000 ! | $— | $43,422 | Verified |
| 2022 | $1,302,048 | — | — | — | $1,324,800 ! | $— | $27,649 | Verified |
| 2021 | $1,299,672 | — | — | −$124,353 | $1,175,319 | $— | $28,341 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +71.4% | +71.4% | ~100% | 1.8100% | Verified |
| 2022 | +7.5% | +7.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +84.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +15.8% | +16.6% | +71.4% | 2024 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 110.6% | — | 171.4% | 2023 | 90.4% | 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 |
$49,116 | $39,218 | ~$62,622 | $49,116 | 2025 | $27,649 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,797,729 | ~$2,640,000 | ~2.0139% | ~$53,168 | +16.6% |
| 2027 | ~$3,261,369 | ~$2,904,000 | ~1.9814% | ~$57,540 | +35.9% |
| 2028 | ~$3,801,845 | ~$3,194,400 | ~1.9488% | ~$62,254 | +58.4% |
| 2029 | ~$4,431,887 | ~$3,513,840 | ~1.9163% | ~$67,335 | +84.7% |
| 2030 | ~$5,166,341 | ~$3,865,224 | ~1.8837% | ~$72,811 | +115.3% |
| 2026 | ~$2,749,729 | ~$2,640,000 | ~2.0465% | ~$54,027 | +14.6% |
| 2027 | ~$3,150,420 | ~$2,904,000 | ~2.0465% | ~$59,430 | +31.3% |
| 2028 | ~$3,609,500 | ~$3,194,400 | ~2.0465% | ~$65,373 | +50.4% |
| 2029 | ~$4,135,478 | ~$3,513,840 | ~2.0465% | ~$71,910 | +72.3% |
| 2030 | ~$4,738,101 | ~$3,865,224 | ~2.0465% | ~$79,101 | +97.4% |
| 2026 | ~$2,845,729 | ~$2,640,000 | ~1.9977% | ~$52,738 | +18.6% |
| 2027 | ~$3,374,238 | ~$2,904,000 | ~1.9488% | ~$56,594 | +40.6% |
| 2028 | ~$4,000,903 | ~$3,194,400 | ~1.9000% | ~$60,694 | +66.7% |
| 2029 | ~$4,743,952 | ~$3,513,840 | ~1.8512% | ~$65,048 | +97.7% |
| 2030 | ~$5,625,001 | ~$3,865,224 | ~1.8024% | ~$69,666 | +134.4% |
In 2025, this property's market value of $2,400,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +69% 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 | $2,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,400,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,302,048 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,299,672 | $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.