BURNET RD B TX 78758
| Owner | SL HPI DOMAIN LP |
|---|---|
| Parcel ID | 0254080803 |
| Short ID | 923793 |
| Type | Real |
| Use Code | 87 Parking Garage |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 56,822 SF |
| Acres | 1.304 |
| Year Built | — |
| Legal | UNT B LOT 4 GARAGE MASTER CONDOMINIUMS PLUS 47.73 % INT IN COM AREA |
| Neighborhood | 1NO2 |
| Land | $4,829,897 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,829,897 |
| Improvement | $17,019,380 |
|---|---|
| Total Improvement | $17,019,380 |
| Market | $21,849,277 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $21,849,277 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $21,849,277 |
| Taxable Value | $21,849,277 |
|---|
Appreciation: Market value has risen +39.7% from $15,637,263 (2021) to $21,849,277 (2025), a CAGR of 8.7% 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 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 $447,142. 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 22% of market value ($4,829,897 land vs $17,019,380 improvements), about $85/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $21,849,277, 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 +8.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $33,191,928 by 2030, with an estimated annual tax burden around $625,250. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 323,747 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% | $202,149.51 | $202,149.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $114,493.93 | $114,493.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $82,119.42 | $82,119.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $25,787.17 | $25,787.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $22,592.15 | $22,592.15 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $447,142.18 | $447,142.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,849,277 | $21,849,277 | +0.0% |
| Assessed Value | $21,849,277 | $21,849,277 | +0.0% |
| Land Value | $4,829,897 | $4,829,897 | +0.0% |
| Improvement Value | $17,019,380 | $17,019,380 | +0.0% |
| Taxable Value | $21,849,277 | $21,849,277 | +0.0% |
| Total Tax 2026 = estimate |
~$447,142
Estimated
|
~$447,142
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $21,849,277 | $21,849,277 | +0 (+0.0%) |
| Taxable Value | $21,849,277 | $21,849,277 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,849,277 | $4,829,897 | $17,019,380 | — | $21,849,277 | $21,849,277 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $21,849,277 | $4,829,897 | $17,019,380 | — | $21,849,277 | $21,849,277 | ~$447,142 | Partial |
| 2024 | $21,849,277 | — | — | −$17,019,380 | $4,829,897 | $— | $433,012 | Verified |
| 2023 | $20,428,719 | — | — | −$15,598,822 | $4,829,897 | $— | $395,307 | Verified |
| 2022 | $20,428,719 | — | — | −$17,019,380 | $3,409,339 | $— | $403,451 | Verified |
| 2021 | $15,637,263 | — | — | −$12,227,924 | $3,409,339 | $— | $444,668 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +7.0% | +7.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.5% | +8.7% | +30.6% | 2022 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 47.4% | — | 100.0% | 2025 | 16.7% | 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 |
$447,142 | $424,716 | ~$549,531 | $447,142 | 2025 | $395,307 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$23,755,061 | ~$23,755,061 | ~2.0139% | ~$478,412 | +8.7% |
| 2027 | ~$25,827,076 | ~$25,827,076 | ~1.9814% | ~$511,735 | +18.2% |
| 2028 | ~$28,079,820 | ~$28,079,820 | ~1.9488% | ~$547,231 | +28.5% |
| 2029 | ~$30,529,058 | ~$30,529,058 | ~1.9163% | ~$585,026 | +39.7% |
| 2030 | ~$33,191,928 | ~$33,191,928 | ~1.8837% | ~$625,250 | +51.9% |
| 2026 | ~$23,318,076 | ~$23,318,076 | ~2.0465% | ~$477,201 | +6.7% |
| 2027 | ~$24,885,613 | ~$24,885,613 | ~2.0465% | ~$509,280 | +13.9% |
| 2028 | ~$26,558,527 | ~$26,558,527 | ~2.0465% | ~$543,516 | +21.6% |
| 2029 | ~$28,343,900 | ~$28,343,900 | ~2.0465% | ~$580,054 | +29.7% |
| 2030 | ~$30,249,295 | ~$30,249,295 | ~2.0465% | ~$619,047 | +38.4% |
| 2026 | ~$24,192,047 | ~$24,034,205 | ~1.9977% | ~$480,122 | +10.7% |
| 2027 | ~$26,786,018 | ~$26,437,625 | ~1.9488% | ~$515,227 | +22.6% |
| 2028 | ~$29,658,125 | ~$29,081,388 | ~1.9000% | ~$552,551 | +35.7% |
| 2029 | ~$32,838,192 | ~$31,989,526 | ~1.8512% | ~$592,188 | +50.3% |
| 2030 | ~$36,359,239 | ~$35,188,479 | ~1.8024% | ~$634,227 | +66.4% |
In 2025, this property's market value of $21,849,277 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 15× 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 | $21,849,277 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $21,849,277 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $20,428,719 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $20,428,719 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $15,637,263 | $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.