10025 BURNET RD TX 78758
| Owner | BURNET ROAD PROPERTIES LLC |
|---|---|
| Parcel ID | 0250080107 |
| Short ID | 547831 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,036 SF |
| Land SF | 37,897 SF |
| Acres | 0.870 |
| Year Built | 1987 |
| Legal | LOT 1 PAGE ADDN |
| Neighborhood | 33NOR |
| Land | $3,789,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,789,700 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,023,692 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,023,692 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,023,692 |
| Taxable Value | $2,023,692 |
|---|
| Total Due | $12,058.07 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has risen +15.6% from $1,750,000 (2021) to $2,023,692 (2025), a CAGR of 3.7% 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 $41,415. 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 187% of market value ($3,789,700 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~39-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 $2,023,692, 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 +3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,426,763 by 2030, with an estimated annual tax burden around $45,714. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $12,058.07 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 17,630 SF | ✗ |
| 611 | TERRACE | 3,078 SF | ✗ |
| 1ST | 1st Floor | 2,036 SF | ✓ |
| SO | Sketch Only | 53 SF | ✗ |
| 437 | FENCE MASON LF | 25 SF | ✗ |
| 435 | FENCE IRON LF | 25 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +939 |
| Travis County | 0.3444% | 0.3758% | +635 |
| Austin ISD | 0.9505% | 0.9252% | -512 |
| Travis Central Health | 0.1080% | 0.1180% | +203 |
| Austin Community College | 0.1013% | 0.1034% | +42 |
Market value changed by 194% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $18,723.20 | $13,982.90 | $4,740.30 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,604.49 | $7,919.66 | $2,684.83 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,605.95 | $5,680.29 | $1,925.66 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,388.42 | $1,783.72 | $604.70 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,092.50 | $1,562.72 | $529.78 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,414.56 | $30,929.29 | $10,485.27 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,500,000 | $2,023,692 | +23.5% |
| Assessed Value | $2,428,430 | $2,023,692 | +20.0% |
| Land Value | $3,789,700 | $3,789,700 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,428,430 | $2,023,692 | +20.0% |
| HS Cap Loss | -$71,570 | — | |
| Total Tax 2026 = estimate |
~$49,697
Estimated
|
$41,415 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,316,680 | $2,500,000 | -1,816,680 (-42.1%) |
| Taxable Value | $2,428,430 | $2,428,430 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,500,000 | $3,789,700 | — | −$71,570 | $2,428,430 | $2,428,430 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,023,692 | $3,789,700 | — | — | $2,023,692 | $2,023,692 | $41,415 | Verified |
| 2024 | $2,023,692 | — | — | — | $2,023,692 | $— | $40,106 | Verified |
| 2023 | $1,335,000 | — | — | — | $2,023,692 ! | $— | $36,614 | Verified |
| 2022 | $1,335,000 | — | — | — | $1,335,000 | $— | $26,365 | Verified |
| 2021 | $1,750,000 | — | — | −$101,450 | $1,648,550 | $— | $29,588 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +113.3% ! | +20.0% | 56.3% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | 2.0500% | Verified |
| 2024 | -48.4% | -48.4% | ~100% | 1.9800% | Verified |
| 2023 | +193.5% ! | +193.5% | ~100% | 0.9300% | Verified |
| 2022 | -32.2% | -32.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.6900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +23.5% | +10.3% | -0.3% | +51.6% | 2024 | -23.7% | 2022 |
| Assessment Ratio | 97.1% | 107.1% | — | 151.6% | 2023 | 94.2% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $41,415 | $34,818 | ~$43,984 | $41,415 | 2025 | $26,365 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,098,558 | ~$2,098,558 | ~2.0139% | ~$42,264 | +3.7% |
| 2027 | ~$2,176,194 | ~$2,176,194 | ~1.9814% | ~$43,119 | +7.5% |
| 2028 | ~$2,256,702 | ~$2,256,702 | ~1.9488% | ~$43,979 | +11.5% |
| 2029 | ~$2,340,188 | ~$2,340,188 | ~1.9163% | ~$44,845 | +15.6% |
| 2030 | ~$2,426,763 | ~$2,426,763 | ~1.8837% | ~$45,714 | +19.9% |
| 2026 | ~$2,058,084 | ~$2,058,084 | ~2.0465% | ~$42,118 | +1.7% |
| 2027 | ~$2,093,061 | ~$2,093,061 | ~2.0465% | ~$42,834 | +3.4% |
| 2028 | ~$2,128,632 | ~$2,128,632 | ~2.0465% | ~$43,562 | +5.2% |
| 2029 | ~$2,164,808 | ~$2,164,808 | ~2.0465% | ~$44,302 | +7.0% |
| 2030 | ~$2,201,599 | ~$2,201,599 | ~2.0465% | ~$45,055 | +8.8% |
| 2026 | ~$2,139,032 | ~$2,139,032 | ~1.9977% | ~$42,731 | +5.7% |
| 2027 | ~$2,260,946 | ~$2,260,946 | ~1.9488% | ~$44,062 | +11.7% |
| 2028 | ~$2,389,808 | ~$2,389,808 | ~1.9000% | ~$45,407 | +18.1% |
| 2029 | ~$2,526,015 | ~$2,526,015 | ~1.8512% | ~$46,761 | +24.8% |
| 2030 | ~$2,669,984 | ~$2,669,984 | ~1.8024% | ~$48,123 | +31.9% |
In 2025, this property's market value of $2,023,692 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +43% 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 | $2,023,692 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,023,692 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,335,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,335,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,750,000 | $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.