BURNET RD AUSTIN, TX 78758
| Owner | DOMAIN RETAIL PROPERTY OWNER LP |
|---|---|
| Parcel ID | 0256081121 |
| Short ID | 876827 |
| Type | Real |
| Use Code | 40 Regional Shopping Center |
| Valuation | Income |
| Improvement SF | 18,401 SF |
| Land SF | 40,816 SF |
| Acres | 0.937 |
| Year Built | 2015 |
| Legal | LOT 1C NORDSTROM SUBD |
| Neighborhood | 40NOR |
| Land | $3,469,336 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,469,336 |
| Improvement | $8,937,776 |
|---|---|
| Total Improvement | $8,937,776 |
| Market | $12,407,112 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,407,112 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,407,112 |
| Taxable Value | $12,407,112 |
|---|
Appreciation: Market value has fallen -11.5% from $14,014,160 (2021) to $12,407,112 (2025), a CAGR of -3.0% 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 $253,910. 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 28% of market value ($3,469,336 land vs $8,937,776 improvements), about $85/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,407,112, 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 -3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,654,921 by 2030, with an estimated annual tax burden around $200,711. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 18,401 SF | ✓ |
| 501 | CANOPY | 1,033 SF | ✗ |
| 611 | TERRACE | 1,033 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% | $114,790.60 | $114,790.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $65,015.38 | $65,015.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $46,631.51 | $46,631.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,643.25 | $14,643.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,828.95 | $12,828.95 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $253,909.69 | $253,909.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,518,442 | $12,407,112 | -7.2% |
| Assessed Value | $11,518,442 | $12,407,112 | -7.2% |
| Land Value | $3,469,336 | $3,469,336 | +0.0% |
| Improvement Value | $8,049,106 | $8,937,776 | -9.9% |
| Taxable Value | $11,518,442 | $12,407,112 | -7.2% |
| Total Tax 2026 = estimate |
~$235,723
Estimated
|
~$253,910
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,518,442 | $11,518,442 | +0 (+0.0%) |
| Taxable Value | $11,518,442 | $11,518,442 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $11,518,442 | $3,469,336 | $8,049,106 | — | $11,518,442 | $11,518,442 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,407,112 | $3,469,336 | $8,937,776 | — | $12,407,112 | $12,407,112 | ~$253,910 | Partial |
| 2024 | $13,918,000 | — | — | −$10,448,664 | $3,469,336 | $— | $250,582 | Verified |
| 2023 | $12,562,347 | — | — | −$9,093,011 | $3,469,336 | $— | $230,671 | Verified |
| 2022 | $12,536,648 | — | — | −$9,883,626 | $2,653,022 | $— | $249,017 | Verified |
| 2021 | $14,014,160 | — | — | −$11,565,217 | $2,448,943 | $— | $266,942 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2025 | -1.9% | -1.9% | ~100% | Not available | Partial |
| 2024 | -9.2% | -9.2% | ~100% | 1.9800% | Verified |
| 2023 | +3.1% | +3.1% | ~100% | 1.6600% | Verified |
| 2022 | +7.6% | +7.6% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 1.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.2% | -3.5% | -1.5% | +10.8% | 2024 | -10.9% | 2025 |
| Assessment Ratio | 100.0% | 48.5% | — | 100.0% | 2025 | 17.5% | 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 |
$253,910 | $250,224 | ~$221,115 | $266,942 | 2021 | $230,671 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,035,014 | ~$12,035,014 | ~2.0139% | ~$242,378 | -3.0% |
| 2027 | ~$11,674,076 | ~$11,674,076 | ~1.9814% | ~$231,309 | -5.9% |
| 2028 | ~$11,323,963 | ~$11,323,963 | ~1.9488% | ~$220,686 | -8.7% |
| 2029 | ~$10,984,349 | ~$10,984,349 | ~1.9163% | ~$210,492 | -11.5% |
| 2030 | ~$10,654,921 | ~$10,654,921 | ~1.8837% | ~$200,711 | -14.1% |
| 2026 | ~$11,786,872 | ~$11,786,872 | ~2.0465% | ~$241,217 | -5.0% |
| 2027 | ~$11,197,638 | ~$11,197,638 | ~2.0465% | ~$229,158 | -9.7% |
| 2028 | ~$10,637,861 | ~$10,637,861 | ~2.0465% | ~$217,702 | -14.3% |
| 2029 | ~$10,106,067 | ~$10,106,067 | ~2.0465% | ~$206,819 | -18.5% |
| 2030 | ~$9,600,858 | ~$9,600,858 | ~2.0465% | ~$196,480 | -22.6% |
| 2026 | ~$12,283,157 | ~$12,283,157 | ~1.9977% | ~$245,376 | -1.0% |
| 2027 | ~$12,160,439 | ~$12,160,439 | ~1.9488% | ~$236,987 | -2.0% |
| 2028 | ~$12,038,948 | ~$12,038,948 | ~1.9000% | ~$228,742 | -3.0% |
| 2029 | ~$11,918,671 | ~$11,918,671 | ~1.8512% | ~$220,638 | -3.9% |
| 2030 | ~$11,799,596 | ~$11,799,596 | ~1.8024% | ~$212,673 | -4.9% |
In 2025, this property's market value of $12,407,112 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,407,112 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $13,918,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,562,347 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,536,648 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $14,014,160 | $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.