BURNET RD TX 78759
| Owner | TR DOMAIN LLC |
|---|---|
| Parcel ID | 0256081120 |
| Short ID | 863311 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 352,386 SF |
| Land SF | 1,465,750 SF |
| Acres | 33.649 |
| Year Built | 1967 |
| Legal | 33.6490AC OF LOT 2A DOMAIN LOT D12 SUBD |
| Neighborhood | 51NWE |
| Land | $124,588,787 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $124,588,787 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $112,814,015 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $112,814,015 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $112,814,015 |
| Taxable Value | $112,814,015 |
|---|
Appreciation: Market value has fallen -13.1% from $129,800,000 (2021) to $112,814,015 (2025), a CAGR of -3.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $2,308,722. 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 110% of market value ($124,588,787 land vs $0 improvements), about $85/SF of land. With value concentrated in the land under a ~59-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 $112,814,015, 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 -3.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $94,672,427 by 2030, with an estimated annual tax burden around $1,783,385. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 384,310 SF | ✗ |
| 491 | SPRINKLER HEADS | 352,386 SF | ✗ |
| 1ST | 1st Floor | 254,542 SF | ✓ |
| 2ND | 2nd Floor | 97,844 SF | ✓ |
| SO | Sketch Only | 15,461 SF | ✗ |
| 408 | LOADING RAMP | 676 SF | ✓ |
| 501 | CANOPY | 188 SF | ✗ |
| 338 | STREETS PVT FV | 1 SF | ✗ |
| 405 | LOADING DOCK FV | 1 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% | $1,043,755.27 | $1,043,755.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $591,164.62 | $591,164.62 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $424,005.83 | $424,005.83 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $133,146.48 | $133,146.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $116,649.69 | $116,649.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,308,721.89 | $2,308,721.89 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $126,005,968 | $112,814,015 | +11.7% |
| Assessed Value | $126,005,968 | $112,814,015 | +11.7% |
| Land Value | $124,588,787 | $124,588,787 | +0.0% |
| Improvement Value | $1,417,181 | — | — |
| Taxable Value | $126,005,968 | $112,814,015 | +11.7% |
| Total Tax 2026 = estimate |
~$2,578,693
Estimated
|
~$2,308,722
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $126,005,968 | $126,005,968 | +0 (+0.0%) |
| Taxable Value | $126,005,968 | $126,005,968 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $126,005,968 | $124,588,787 | $1,417,181 | — | $126,005,968 | $126,005,968 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $112,814,015 | $124,588,787 | — | — | $112,814,015 | $112,814,015 | ~$2,308,722 | Partial |
| 2024 | $144,188,476 | — | — | −$19,599,689 | $124,588,787 | $— | $2,496,011 | Verified |
| 2023 | $137,554,500 | — | — | −$12,965,713 | $124,588,787 | $— | $2,608,726 | Verified |
| 2022 | $128,154,000 | — | — | −$32,880,221 | $95,273,779 | $— | $2,716,595 | Verified |
| 2021 | $129,800,000 | — | — | −$41,854,976 | $87,945,024 | $— | $2,620,560 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.7% | +11.7% | ~100% | Not available | Partial |
| 2025 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2024 | -12.7% | -12.7% | ~100% | 1.9800% | Verified |
| 2023 | +4.8% | +4.8% | ~100% | 1.8100% | Verified |
| 2022 | +7.3% | +7.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -12.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.7% | +0.1% | -5.5% | +11.7% | 2026 | -21.8% | 2025 |
| Assessment Ratio | 100.0% | 86.5% | — | 100.0% | 2025 | 67.8% | 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 |
$2,308,722 | $2,550,123 | ~$1,983,797 | $2,716,595 | 2022 | $2,308,722 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$108,926,901 | ~$108,926,901 | ~2.0139% | ~$2,193,719 | -3.4% |
| 2027 | ~$105,173,721 | ~$105,173,721 | ~1.9814% | ~$2,083,899 | -6.8% |
| 2028 | ~$101,549,860 | ~$101,549,860 | ~1.9488% | ~$1,979,044 | -10.0% |
| 2029 | ~$98,050,863 | ~$98,050,863 | ~1.9163% | ~$1,878,940 | -13.1% |
| 2030 | ~$94,672,427 | ~$94,672,427 | ~1.8837% | ~$1,783,385 | -16.1% |
| 2026 | ~$107,173,314 | ~$107,173,314 | ~2.0465% | ~$2,193,286 | -5.0% |
| 2027 | ~$101,814,649 | ~$101,814,649 | ~2.0465% | ~$2,083,622 | -9.7% |
| 2028 | ~$96,723,916 | ~$96,723,916 | ~2.0465% | ~$1,979,440 | -14.3% |
| 2029 | ~$91,887,720 | ~$91,887,720 | ~2.0465% | ~$1,880,468 | -18.5% |
| 2030 | ~$87,293,334 | ~$87,293,334 | ~2.0465% | ~$1,786,445 | -22.6% |
| 2026 | ~$111,183,181 | ~$111,183,181 | ~1.9977% | ~$2,221,064 | -1.4% |
| 2027 | ~$109,575,922 | ~$109,575,922 | ~1.9488% | ~$2,135,459 | -2.9% |
| 2028 | ~$107,991,898 | ~$107,991,898 | ~1.9000% | ~$2,051,864 | -4.3% |
| 2029 | ~$106,430,772 | ~$106,430,772 | ~1.8512% | ~$1,970,240 | -5.7% |
| 2030 | ~$104,892,214 | ~$104,892,214 | ~1.8024% | ~$1,890,547 | -7.0% |
In 2025, this property's market value of $112,814,015 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 80× 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 | $112,814,015 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $144,188,476 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $137,554,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $128,154,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $129,800,000 | $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.