13505 BURNET RD TX 78727
| Owner | OHFP GRANDE LP |
|---|---|
| Parcel ID | 0268160727 |
| Short ID | 549353 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 714,689 SF |
| Acres | 16.407 |
| Year Built | — |
| Legal | LOT 1 BLK A EVANS COMMERCIAL PARK |
| Neighborhood | 52NOR |
| Land | $2,572,880 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,572,880 |
| Improvement | $66,927,120 |
|---|---|
| Total Improvement | $66,927,120 |
| Market | $69,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $69,500,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $69,500,000 |
| Taxable Value | $69,500,000 |
|---|
Appreciation: Market value has risen +1754.0% from $3,748,600 (2021) to $69,500,000 (2025), a CAGR of 107.5% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $1,422,307. 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 4% of market value ($2,572,880 land vs $66,927,120 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $69,500,000, 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 +107.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,673,803,173 by 2030, with an estimated annual tax burden around $2,108,481. 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 |
|---|---|---|---|
| ADDL | Additional Floor | 305,148 SF | ✓ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +32,260 |
| Travis County | 0.3444% | 0.3758% | +21,823 |
| Austin ISD | 0.9505% | 0.9252% | -17,584 |
| Travis Central Health | 0.1080% | 0.1180% | +6,988 |
| Austin Community College | 0.1013% | 0.1034% | +1,460 |
Market value changed by 156% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $643,014.00 | $268,368.83 | $374,645.17 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $364,191.82 | $151,999.38 | $212,192.44 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $261,212.28 | $109,019.76 | $152,192.52 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $82,025.99 | $34,234.43 | $47,791.56 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $71,863.00 | $29,992.80 | $41,870.20 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,422,307.09 | $593,615.20 | $828,691.89 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $66,500,000 | $69,500,000 | -4.3% |
| Assessed Value | $66,500,000 | $69,500,000 | -4.3% |
| Land Value | $2,572,880 | $2,572,880 | +0.0% |
| Improvement Value | $63,927,120 | $66,927,120 | -4.5% |
| Taxable Value | $66,500,000 | $69,500,000 | -4.3% |
| Total Tax 2026 = estimate |
~$1,360,913
Estimated
|
$1,422,307 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $66,593,119 | $66,500,000 | -93,119 (-0.1%) |
| Taxable Value | $66,593,119 | $66,500,000 | -93,119 (-0.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $66,500,000 | $2,572,880 | $63,927,120 | — | $66,500,000 | $66,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $69,500,000 | $2,572,880 | $66,927,120 | — | $69,500,000 | $69,500,000 | $1,422,307 | Verified |
| 2024 | $16,065,163 | — | — | −$13,492,283 | $2,572,880 | $— | $593,615 | Verified |
| 2023 | $6,273,669 | — | — | −$3,700,789 | $2,572,880 | $— | $290,658 | Verified |
| 2022 | $6,112,852 | — | — | −$3,539,972 | $2,572,880 | $— | $123,900 | Verified |
| 2021 | $3,748,600 | — | — | −$1,174,779 | $2,573,821 | $— | $133,057 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.2% | -4.2% | ~100% | Not available | Partial |
| 2025 | +132.0% ! | +132.0% | ~100% | 2.0500% | Verified |
| 2024 | +86.4% ! | +86.4% | ~100% | 1.9800% | Verified |
| 2023 | +156.1% ! | +156.1% | ~100% | 1.8100% | Verified |
| 2022 | +2.6% | +2.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.5500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1036.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.3% | +110.0% | +109.4% | +332.6% | 2025 | -4.3% | 2026 |
| Assessment Ratio | 100.0% | 61.3% | — | 100.0% | 2025 | 16.0% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $1,422,307 | $512,708 | ~$1,813,414 | $1,422,307 | 2025 | $123,900 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$144,216,095 | ~$76,450,000 | ~2.0139% | ~$1,539,654 | +107.5% |
| 2027 | ~$299,255,855 | ~$84,095,000 | ~1.9814% | ~$1,666,248 | +330.6% |
| 2028 | ~$620,971,377 | ~$92,504,500 | ~1.9488% | ~$1,802,764 | +793.5% |
| 2029 | ~$1,288,547,724 | ~$101,754,950 | ~1.9163% | ~$1,949,921 | +1754.0% |
| 2030 | ~$2,673,803,173 | ~$111,930,445 | ~1.8837% | ~$2,108,481 | +3747.2% |
| 2026 | ~$142,826,095 | ~$76,450,000 | ~2.0465% | ~$1,564,538 | +105.5% |
| 2027 | ~$293,515,011 | ~$84,095,000 | ~2.0465% | ~$1,720,992 | +322.3% |
| 2028 | ~$603,188,529 | ~$92,504,500 | ~2.0465% | ~$1,893,091 | +767.9% |
| 2029 | ~$1,239,583,625 | ~$101,754,950 | ~2.0465% | ~$2,082,400 | +1683.6% |
| 2030 | ~$2,547,408,460 | ~$111,930,445 | ~2.0465% | ~$2,290,640 | +3565.3% |
| 2026 | ~$145,606,095 | ~$76,450,000 | ~1.9977% | ~$1,527,213 | +109.5% |
| 2027 | ~$305,052,299 | ~$84,095,000 | ~1.9488% | ~$1,638,877 | +338.9% |
| 2028 | ~$639,100,344 | ~$92,504,500 | ~1.9000% | ~$1,757,601 | +819.6% |
| 2029 | ~$1,338,948,275 | ~$101,754,950 | ~1.8512% | ~$1,883,682 | +1826.5% |
| 2030 | ~$2,805,165,887 | ~$111,930,445 | ~1.8024% | ~$2,017,402 | +3936.2% |
In 2025, this property's market value of $69,500,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 134× 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 | $69,500,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $16,065,163 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,273,669 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $6,112,852 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $3,748,600 | $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.