11400 BURNET RD TX 78758
| Owner | INTERNATIONAL BANK OF COMMERCE |
|---|---|
| Parcel ID | 0252080902 |
| Short ID | 733126 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 5,103 SF |
| Land SF | 65,384 SF |
| Acres | 1.501 |
| Year Built | 2007 |
| Legal | LOT 1-A DOMAIN SEC 2 SUBD RESUB OF LOT 1 BLK A |
| Neighborhood | 58NOR |
| Land | $6,865,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,865,320 |
| Improvement | $1,087,680 |
|---|---|
| Total Improvement | $1,087,680 |
| Market | $7,953,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,953,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,953,000 |
| Taxable Value | $7,953,000 |
|---|
Appreciation: Market value has risen +43.8% from $5,531,100 (2021) to $7,953,000 (2025), a CAGR of 9.5% 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 $162,757. 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 86% of market value ($6,865,320 land vs $1,087,680 improvements), about $105/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $7,953,000, this parcel sits in the top quartile (≥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 +9.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $12,522,191 by 2030, with an estimated annual tax burden around $235,886. 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 | 41,842 SF | ✗ |
| 1ST | 1st Floor | 5,103 SF | ✓ |
| 503 | CANOPY - BANK | 2,368 SF | ✗ |
| 501 | CANOPY | 128 SF | ✗ |
| 482 | LIGHT POLES | 5 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% | $73,581.16 | $73,581.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $41,675.07 | $41,675.07 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $29,890.95 | $29,890.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $9,386.37 | $9,386.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,223.40 | $8,223.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $162,756.95 | $162,756.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,953,000 | $7,953,000 | +0.0% |
| Assessed Value | $7,953,000 | $7,953,000 | +0.0% |
| Land Value | $6,865,320 | $6,865,320 | +0.0% |
| Improvement Value | $1,087,680 | $1,087,680 | +0.0% |
| Taxable Value | $7,953,000 | $7,953,000 | +0.0% |
| Total Tax 2026 = estimate |
~$162,757
Estimated
|
~$162,757
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,598,148 | $7,953,000 | -645,148 (-7.5%) |
| Taxable Value | $8,598,148 | $7,953,000 | -645,148 (-7.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,953,000 | $6,865,320 | $1,087,680 | — | $7,953,000 | $7,953,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,953,000 | $6,865,320 | $1,087,680 | — | $7,953,000 | $7,953,000 | ~$162,757 | Partial |
| 2024 | $8,172,308 | — | — | −$1,306,988 | $6,865,320 | $— | $157,628 | Verified |
| 2023 | $5,556,948 | — | — | — | $6,865,320 ! | $— | $135,040 | Verified |
| 2022 | $5,556,948 | — | — | −$1,306,988 | $4,249,960 | $— | $109,745 | Verified |
| 2021 | $5,531,100 | — | — | −$1,281,140 | $4,249,960 | $— | $120,957 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.1% | +8.1% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | -2.7% | -2.7% | ~100% | 1.9800% | Verified |
| 2023 | +47.1% | +47.1% | ~100% | 1.6500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.0% | +9.5% | +47.1% | 2024 | -2.7% | 2025 |
| Assessment Ratio | 100.0% | 93.5% | — | 123.5% | 2023 | 76.5% | 2022 |
| 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 |
$162,757 | $137,225 | ~$204,577 | $162,757 | 2025 | $109,745 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,708,851 | ~$8,708,851 | ~2.0139% | ~$175,391 | +9.5% |
| 2027 | ~$9,536,537 | ~$9,536,537 | ~1.9814% | ~$188,956 | +19.9% |
| 2028 | ~$10,442,887 | ~$10,442,887 | ~1.9488% | ~$203,515 | +31.3% |
| 2029 | ~$11,435,376 | ~$11,435,376 | ~1.9163% | ~$219,135 | +43.8% |
| 2030 | ~$12,522,191 | ~$12,522,191 | ~1.8837% | ~$235,886 | +57.5% |
| 2026 | ~$8,549,791 | ~$8,549,791 | ~2.0465% | ~$174,970 | +7.5% |
| 2027 | ~$9,191,365 | ~$9,191,365 | ~2.0465% | ~$188,100 | +15.6% |
| 2028 | ~$9,881,082 | ~$9,881,082 | ~2.0465% | ~$202,215 | +24.2% |
| 2029 | ~$10,622,555 | ~$10,622,555 | ~2.0465% | ~$217,389 | +33.6% |
| 2030 | ~$11,419,669 | ~$11,419,669 | ~2.0465% | ~$233,702 | +43.6% |
| 2026 | ~$8,867,911 | ~$8,748,300 | ~1.9977% | ~$174,761 | +11.5% |
| 2027 | ~$9,888,073 | ~$9,623,130 | ~1.9488% | ~$187,539 | +24.3% |
| 2028 | ~$11,025,594 | ~$10,585,443 | ~1.9000% | ~$201,125 | +38.6% |
| 2029 | ~$12,293,975 | ~$11,643,987 | ~1.8512% | ~$215,553 | +54.6% |
| 2030 | ~$13,708,270 | ~$12,808,386 | ~1.8024% | ~$230,855 | +72.4% |
In 2025, this property's market value of $7,953,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $7,953,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,172,308 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,556,948 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $5,556,948 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,531,100 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.