13311 BURNET RD AUSTIN, TX 78727
| Owner | CITY OF AUSTIN |
|---|---|
| Parcel ID | 0268160750 |
| Short ID | 571310 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 28,902 SF |
| Land SF | 53,274 SF |
| Acres | 1.223 |
| Year Built | 2018 |
| Legal | ABS 312 SUR 60 GARCIA F ACR 1.2230 (PRORATE 1/1/21 TO 7/30/21) |
| Neighborhood | 35NO3 |
| Land | $1,331,847 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,331,847 |
| Improvement | $3,303,385 |
|---|---|
| Total Improvement | $3,303,385 |
| Market | $4,635,232 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,635,232 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,635,232 |
| Taxable Value | $4,635,232 |
|---|
Appreciation: Market value has risen +169.2% from $1,722,000 (2022) to $4,635,232 (2025), a CAGR of 39.1% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +16.6%, so this parcel has outpaced the broader commercial market over the same period.
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 29% of market value ($1,331,847 land vs $3,303,385 improvements), about $25/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,635,232, 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 +39.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,143,600 by 2030, with an estimated annual tax burden around $0. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 28,902 SF | ✓ |
Market value changed by 79% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,728,780 | $4,635,232 | +2.0% |
| Assessed Value | $4,728,780 | $4,635,232 | +2.0% |
| Land Value | $1,331,847 | $1,331,847 | +0.0% |
| Improvement Value | $3,396,933 | $3,303,385 | +2.8% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,728,780 | $4,728,780 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,728,780 | $1,331,847 | $3,396,933 | — | $4,728,780 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,635,232 | $1,331,847 | $3,303,385 | — | $4,635,232 | $— | not in county billing file ⓘ | Partial |
| 2024 | $4,026,612 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $2,250,000 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $1,722,000 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2021 | $— | — | — | — | — | $— | $22,337 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | +13.2% | +13.2% | ~100% | No billing data | Verified |
| 2023 | +79.0% ! | +79.0% | ~100% | No billing data | Verified |
| 2022 | +30.7% | +30.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +169.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.0% | +31.7% | +38.6% | +79.0% | 2024 | +2.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,447,889 | ~$6,447,889 | ~0.0000% | ~$0 | +39.1% |
| 2027 | ~$8,969,406 | ~$8,969,406 | ~0.0000% | ~$0 | +93.5% |
| 2028 | ~$12,476,989 | ~$12,476,989 | ~0.0000% | ~$0 | +169.2% |
| 2029 | ~$17,356,251 | ~$17,356,251 | ~0.0000% | ~$0 | +274.4% |
| 2030 | ~$24,143,600 | ~$24,143,600 | ~0.0000% | ~$0 | +420.9% |
| 2026 | ~$6,355,185 | ~$6,355,185 | ~0.0000% | ~$0 | +37.1% |
| 2027 | ~$8,713,345 | ~$8,713,345 | ~0.0000% | ~$0 | +88.0% |
| 2028 | ~$11,946,525 | ~$11,946,525 | ~0.0000% | ~$0 | +157.7% |
| 2029 | ~$16,379,413 | ~$16,379,413 | ~0.0000% | ~$0 | +253.4% |
| 2030 | ~$22,457,170 | ~$22,457,170 | ~0.0000% | ~$0 | +384.5% |
| 2026 | ~$6,540,594 | ~$6,540,594 | ~0.0000% | ~$0 | +41.1% |
| 2027 | ~$9,229,176 | ~$9,229,176 | ~0.0000% | ~$0 | +99.1% |
| 2028 | ~$13,022,928 | ~$13,022,928 | ~0.0000% | ~$0 | +181.0% |
| 2029 | ~$18,376,144 | ~$18,376,144 | ~0.0000% | ~$0 | +296.4% |
| 2030 | ~$25,929,856 | ~$25,929,856 | ~0.0000% | ~$0 | +459.4% |
In 2025, this property's market value of $4,635,232 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,635,232 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,026,612 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,250,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,722,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | base yr |