BURNET RD TX 78758
| Owner | GRAND AT DOMAIN PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0254080409 |
| Short ID | 865357 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 167,040 SF |
| Land SF | 91,824 SF |
| Acres | 2.108 |
| Year Built | 2020 |
| Legal | LOT L DOMAIN LOTS L, M, & N SUBD |
| Neighborhood | 08FNW2 |
| Land | $7,805,081 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,805,081 |
| Improvement | $47,084,919 |
|---|---|
| Total Improvement | $47,084,919 |
| Market | $54,890,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $54,890,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $54,890,000 |
| Taxable Value | $54,890,000 |
|---|
Appreciation: Market value has risen +896.3% from $5,509,469 (2021) to $54,890,000 (2025), a CAGR of 77.7% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $1,123,316. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 14% of market value ($7,805,081 land vs $47,084,919 improvements), about $85/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $54,890,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +77.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $971,566,629 by 2030, with an estimated annual tax burden around $18,301,814. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 167,040 SF | ✓ |
| 187 | PARKING GARAGE | 100,000 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% | $495,814.68 | $495,814.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $280,820.71 | $280,820.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $201,415.34 | $201,415.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $63,248.53 | $63,248.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $55,412.06 | $55,412.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,096,711.32 | $1,096,711.32 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $47,060,000 | $54,890,000 | -14.3% |
| Assessed Value | $47,060,000 | $54,890,000 | -14.3% |
| Land Value | $7,805,081 | $7,805,081 | +0.0% |
| Improvement Value | $39,254,919 | $47,084,919 | -16.6% |
| Taxable Value | $47,060,000 | $54,890,000 | -14.3% |
| Total Tax 2026 = estimate |
~$963,076
Estimated
|
~$1,096,711
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,060,000 | $47,060,000 | +0 (+0.0%) |
| Taxable Value | $47,060,000 | $47,060,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $47,060,000 | $7,805,081 | $39,254,919 | — | $47,060,000 | $47,060,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $54,890,000 | $7,805,081 | $47,084,919 | — | $54,890,000 | $54,890,000 | ~$1,096,711 | Partial |
| 2024 | $61,033,846 | — | — | −$53,228,765 | $7,805,081 | $— | $1,152,572 | Verified |
| 2023 | $57,144,623 | — | — | −$49,339,542 | $7,805,081 | $— | $1,104,253 | Verified |
| 2022 | $45,230,000 | — | — | −$39,261,409 | $5,968,591 | $— | $1,085,284 | Verified |
| 2021 | $5,509,469 | — | — | — | $5,509,469 | $— | $984,512 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -14.3% | -14.3% | ~100% | Not available | Partial |
| 2025 | -10.1% | -10.1% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | 1.8900% | Verified |
| 2023 | +6.8% | +6.8% | ~100% | 1.8100% | Verified |
| 2022 | +26.3% | +26.3% | ~100% | 1.9000% | Verified |
| 2021 | base year | — | ~100% | 17.8700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.3% | +145.9% | +83.6% | +721.0% | 2022 | -14.3% | 2026 |
| Assessment Ratio | 100.0% | 56.6% | — | 100.0% | 2021 | 12.8% | 2024 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,096,711 | $1,084,667 | ~$8,035,354 | $1,152,572 | 2024 | $984,512 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$97,518,969 | ~$97,518,969 | ~2.0139% | ~$1,963,970 | +77.7% |
| 2027 | ~$173,254,680 | ~$173,254,680 | ~1.9814% | ~$3,432,847 | +215.6% |
| 2028 | ~$307,808,668 | ~$307,808,668 | ~1.9488% | ~$5,998,697 | +460.8% |
| 2029 | ~$546,860,705 | ~$546,860,705 | ~1.9163% | ~$10,479,442 | +896.3% |
| 2030 | ~$971,566,629 | ~$971,566,629 | ~1.8837% | ~$18,301,814 | +1670.0% |
| 2026 | ~$96,421,169 | ~$96,421,169 | ~2.0465% | ~$1,973,245 | +75.7% |
| 2027 | ~$169,375,877 | ~$169,375,877 | ~2.0465% | ~$3,466,252 | +208.6% |
| 2028 | ~$297,529,971 | ~$297,529,971 | ~2.0465% | ~$6,088,906 | +442.0% |
| 2029 | ~$522,648,711 | ~$522,648,711 | ~2.0465% | ~$10,695,927 | +852.2% |
| 2030 | ~$918,098,011 | ~$918,098,011 | ~2.0465% | ~$18,788,738 | +1572.6% |
| 2026 | ~$98,616,769 | ~$98,616,769 | ~1.9977% | ~$1,970,030 | +79.7% |
| 2027 | ~$177,177,395 | ~$177,177,395 | ~1.9488% | ~$3,452,903 | +222.8% |
| 2028 | ~$318,321,411 | ~$318,321,411 | ~1.9000% | ~$6,048,160 | +479.9% |
| 2029 | ~$571,904,339 | ~$571,904,339 | ~1.8512% | ~$10,587,059 | +941.9% |
| 2030 | ~$1,027,497,873 | ~$1,027,497,873 | ~1.8024% | ~$18,519,326 | +1771.9% |
In 2025, this property's market value of $54,890,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 106× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $54,890,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $61,033,846 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $57,144,623 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $45,230,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,509,469 | $300,453 | $376,850 | $539,896 | ↑ 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.