11313 BURNET RD TX 78758
| Owner | CHATHAM AUSTIN RI LLC |
|---|---|
| Parcel ID | 0254080109 |
| Short ID | 820054 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 66,234 SF |
| Land SF | 99,796 SF |
| Acres | 2.291 |
| Year Built | 2016 |
| Legal | LOT 4 IBM SUBD EAST RESUB OF LOT 1A BLK A AMENDED PLAT OF LOTS 1&2 BLK A |
| Neighborhood | 35NO2 |
| Land | $6,386,941 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,386,941 |
| Improvement | $25,349,678 |
|---|---|
| Total Improvement | $25,349,678 |
| Market | $31,736,619 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $31,736,619 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $31,736,619 |
| Taxable Value | $31,736,619 |
|---|
Appreciation: Market value has risen +53.8% from $20,632,000 (2021) to $31,736,619 (2025), a CAGR of 11.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $649,485. 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 20% of market value ($6,386,941 land vs $25,349,678 improvements), about $64/SF of land. Most value sits in the improvements, so building condition, age (~10 yrs), and rent roll drive the underwriting.
Submarket Position: At $31,736,619, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $54,366,931 by 2030, with an estimated annual tax burden around $962,821. 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 | 90,000 SF | ✗ |
| 4TH | 4th Floor | 22,081 SF | ✓ |
| 1ST | 1st Floor | 22,078 SF | ✓ |
| 2ND | 2nd Floor | 22,078 SF | ✓ |
| 3RD | 3rd Floor | 22,078 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% | $293,627.20 | $293,627.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $166,305.28 | $166,305.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $119,280.50 | $119,280.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $37,456.51 | $37,456.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $32,815.66 | $32,815.66 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $649,485.15 | $649,485.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,396,012 | $31,736,619 | -32.6% |
| Assessed Value | $21,396,012 | $31,736,619 | -32.6% |
| Land Value | $6,386,941 | $6,386,941 | +0.0% |
| Improvement Value | $15,009,071 | $25,349,678 | -40.8% |
| Taxable Value | $21,396,012 | $31,736,619 | -32.6% |
| Total Tax 2026 = estimate |
~$437,866
Estimated
|
~$649,485
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $30,340,647 | $21,396,012 | -8,944,635 (-29.5%) |
| Taxable Value | $30,340,647 | $21,396,012 | -8,944,635 (-29.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,396,012 | $6,386,941 | $15,009,071 | — | $21,396,012 | $21,396,012 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $31,736,619 | $6,386,941 | $25,349,678 | — | $31,736,619 | $31,736,619 | ~$649,485 | Partial |
| 2024 | $24,948,386 | — | — | −$18,561,445 | $6,386,941 | $— | $673,817 | Verified |
| 2023 | $20,650,000 | — | — | −$14,263,059 | $6,386,941 | $— | $451,378 | Verified |
| 2022 | $17,260,000 | — | — | −$13,108,488 | $4,151,512 | $— | $407,822 | Verified |
| 2021 | $20,632,000 | — | — | −$16,799,835 | $3,832,165 | $— | $375,695 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.4% | -4.4% | ~100% | Not available | Partial |
| 2025 | -6.7% | -6.7% | ~100% | Not available | Partial |
| 2024 | +36.3% | +36.3% | ~100% | 1.9800% | Verified |
| 2023 | +20.8% | +20.8% | ~100% | 1.8100% | Verified |
| 2022 | +19.6% | +19.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +83.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -32.6% | +3.7% | +22.1% | +27.2% | 2025 | -32.6% | 2026 |
| Assessment Ratio | 100.0% | 49.9% | — | 100.0% | 2025 | 18.6% | 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 |
$649,485 | $511,639 | ~$828,081 | $673,817 | 2024 | $375,695 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$35,343,983 | ~$34,910,281 | ~2.0139% | ~$703,071 | +11.4% |
| 2027 | ~$39,361,381 | ~$38,401,309 | ~1.9814% | ~$760,879 | +24.0% |
| 2028 | ~$43,835,418 | ~$42,241,440 | ~1.9488% | ~$823,218 | +38.1% |
| 2029 | ~$48,818,000 | ~$46,465,584 | ~1.9163% | ~$890,416 | +53.8% |
| 2030 | ~$54,366,931 | ~$51,112,142 | ~1.8837% | ~$962,821 | +71.3% |
| 2026 | ~$34,709,251 | ~$34,709,251 | ~2.0465% | ~$710,320 | +9.4% |
| 2027 | ~$37,960,316 | ~$37,960,316 | ~2.0465% | ~$776,852 | +19.6% |
| 2028 | ~$41,515,894 | ~$41,515,894 | ~2.0465% | ~$849,617 | +30.8% |
| 2029 | ~$45,404,508 | ~$45,404,508 | ~2.0465% | ~$929,196 | +43.1% |
| 2030 | ~$49,657,352 | ~$49,657,352 | ~2.0465% | ~$1,016,230 | +56.5% |
| 2026 | ~$35,978,715 | ~$34,910,281 | ~1.9977% | ~$697,390 | +13.4% |
| 2027 | ~$40,787,835 | ~$38,401,309 | ~1.9488% | ~$748,380 | +28.5% |
| 2028 | ~$46,239,768 | ~$42,241,440 | ~1.9000% | ~$802,594 | +45.7% |
| 2029 | ~$52,420,437 | ~$46,465,584 | ~1.8512% | ~$860,168 | +65.2% |
| 2030 | ~$59,427,250 | ~$51,112,142 | ~1.8024% | ~$921,231 | +87.3% |
In 2025, this property's market value of $31,736,619 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 22× 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 | $31,736,619 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $24,948,386 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $20,650,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $17,260,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $20,632,000 | $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.