9323 BURNET RD TX 78758
| Owner | RISHEL GROUP LIMITED |
|---|---|
| Parcel ID | 0247070213 |
| Short ID | 253996 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,631 SF |
| Land SF | 14,240 SF |
| Acres | 0.327 |
| Year Built | 1972 |
| Legal | S 80 FT AV OF LOT 7 *PARTITION OF PART OF ROBERTS MRS O M ESTATE |
| Neighborhood | 20NOR |
| Land | $1,089,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,089,360 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,000,000 |
| Taxable Value | $1,000,000 |
|---|
Appreciation: Market value has risen +13.1% from $884,035 (2021) to $1,000,000 (2025), a CAGR of 3.1% over 4 years. Growth has been relatively flat for this asset class. 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 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 $20,465. 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 109% of market value ($1,089,360 land vs $0 improvements), about $76/SF of land. With value concentrated in the land under a ~54-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 $1,000,000, 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 +3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,166,576 by 2030, with an estimated annual tax burden around $21,975. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,240 SF | ✗ |
| 1ST | 1st Floor | 4,050 SF | ✓ |
| 2ND | 2nd Floor | 1,581 SF | ✓ |
| 501 | CANOPY | 105 SF | ✗ |
| 413 | STAIRWAY EXT | 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% | $9,252.00 | $9,252.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,240.17 | $5,240.17 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,758.45 | $3,758.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,180.23 | $1,180.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,034.00 | $1,034.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,464.85 | $20,464.85 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,003,250 | $1,000,000 | +0.3% |
| Assessed Value | $1,003,250 | $1,000,000 | +0.3% |
| Land Value | $1,089,360 | $1,089,360 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,003,250 | $1,000,000 | +0.3% |
| Total Tax 2026 = estimate |
~$20,531
Estimated
|
~$20,465
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,003,250 | $1,003,250 | +0 (+0.0%) |
| Taxable Value | $1,003,250 | $1,003,250 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,003,250 | $1,089,360 | — | — | $1,003,250 | $1,003,250 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,000,000 | $1,089,360 | — | — | $1,000,000 | $1,000,000 | ~$20,465 | Partial |
| 2024 | $960,409 | — | — | — | $1,000,000 ! | $— | $19,818 | Verified |
| 2023 | $881,274 | — | — | — | $1,089,360 ! | $— | $17,376 | Verified |
| 2022 | $851,719 | — | — | −$339,079 | $512,640 | $— | $17,404 | Verified |
| 2021 | $884,035 | — | — | −$371,395 | $512,640 | $— | $18,539 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -15.6% | -13.2% | ~100% | Not available | Partial |
| 2024 | -0.4% | -3.2% | 97.2% | 1.6700% | Verified |
| 2023 | +21.8% | +21.8% | ~100% | 1.4600% | Verified |
| 2022 | +3.0% | +3.0% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | +2.6% | +3.1% | +9.0% | 2024 | -3.7% | 2022 |
| Assessment Ratio | 100.0% | 91.0% | — | 123.6% | 2023 | 58.0% | 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 |
$20,465 | $18,721 | ~$21,374 | $20,465 | 2025 | $17,376 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,031,294 | ~$1,031,294 | ~2.0139% | ~$20,770 | +3.1% |
| 2027 | ~$1,063,568 | ~$1,063,568 | ~1.9814% | ~$21,073 | +6.4% |
| 2028 | ~$1,096,852 | ~$1,096,852 | ~1.9488% | ~$21,376 | +9.7% |
| 2029 | ~$1,131,177 | ~$1,131,177 | ~1.9163% | ~$21,677 | +13.1% |
| 2030 | ~$1,166,576 | ~$1,166,576 | ~1.8837% | ~$21,975 | +16.7% |
| 2026 | ~$1,011,294 | ~$1,011,294 | ~2.0465% | ~$20,696 | +1.1% |
| 2027 | ~$1,022,716 | ~$1,022,716 | ~2.0465% | ~$20,930 | +2.3% |
| 2028 | ~$1,034,267 | ~$1,034,267 | ~2.0465% | ~$21,166 | +3.4% |
| 2029 | ~$1,045,949 | ~$1,045,949 | ~2.0465% | ~$21,405 | +4.6% |
| 2030 | ~$1,057,762 | ~$1,057,762 | ~2.0465% | ~$21,647 | +5.8% |
| 2026 | ~$1,051,294 | ~$1,051,294 | ~1.9977% | ~$21,001 | +5.1% |
| 2027 | ~$1,105,220 | ~$1,105,220 | ~1.9488% | ~$21,539 | +10.5% |
| 2028 | ~$1,161,911 | ~$1,161,911 | ~1.9000% | ~$22,077 | +16.2% |
| 2029 | ~$1,221,511 | ~$1,221,511 | ~1.8512% | ~$22,613 | +22.2% |
| 2030 | ~$1,284,167 | ~$1,284,167 | ~1.8024% | ~$23,145 | +28.4% |
In 2025, this property's market value of $1,000,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -29% 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 | $1,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $960,409 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $881,274 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $851,719 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $884,035 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.