13205 BURNET RD 2 TX
| Owner | MOPAC HOTEL DEVELOPMENT LP |
|---|---|
| Parcel ID | 0268161303 |
| Short ID | 937591 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 59,931 SF |
| Land SF | 141,793 SF |
| Acres | 3.255 |
| Year Built | 2021 |
| Legal | UNT 2 MOPAC HOTEL DEVELOPMENT CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 35NO3 |
| Land | $1,701,516 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,701,516 |
| Improvement | $13,827,294 |
|---|---|
| Total Improvement | $13,827,294 |
| Market | $15,528,810 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,528,810 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,528,810 |
| Taxable Value | $15,528,810 |
|---|
Appreciation: Market value has risen +536.9% from $2,438,169 (2022) to $15,528,810 (2025), a CAGR of 85.4% over 3 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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.
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 $317,795. 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 11% of market value ($1,701,516 land vs $13,827,294 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~5 yrs), and rent roll drive the underwriting.
Submarket Position: At $15,528,810, 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 +85.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $339,830,323 by 2030, with an estimated annual tax burden around $471,111. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 99,353 SF | ✗ |
| 551 | PAVED AREA | 55,000 SF | ✗ |
| 1ST | 1st Floor | 20,509 SF | ✓ |
| 2ND | 2nd Floor | 19,711 SF | ✓ |
| 3RD | 3rd Floor | 19,711 SF | ✓ |
| 4TH | 4th Floor | 19,711 SF | ✓ |
| 5TH | 5th Floor | 19,711 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
Market value changed by 230% in 2022, 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% | $143,672.55 | $143,672.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $81,373.60 | $81,373.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $58,364.26 | $58,364.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $18,327.57 | $18,327.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $16,056.79 | $16,056.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $317,794.77 | $317,794.77 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $16,405,913 | $15,528,810 | +5.6% |
| Assessed Value | $16,405,913 | $15,528,810 | +5.6% |
| Land Value | $1,701,516 | $1,701,516 | +0.0% |
| Improvement Value | $14,704,397 | $13,827,294 | +6.3% |
| Taxable Value | $16,405,913 | $15,528,810 | +5.6% |
| Total Tax 2026 = estimate |
~$335,745
Estimated
|
~$317,795
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $19,211,731 | $16,405,913 | -2,805,818 (-14.6%) |
| Taxable Value | $19,211,731 | $16,405,913 | -2,805,818 (-14.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $16,405,913 | $1,701,516 | $14,704,397 | — | $16,405,913 | $16,405,913 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,528,810 | $1,701,516 | $13,827,294 | — | $15,528,810 | $15,528,810 | ~$317,795 | Partial |
| 2024 | $10,300,000 | — | — | −$8,598,484 | $1,701,516 | $— | $307,752 | Verified |
| 2023 | $8,050,000 | — | — | −$6,348,484 | $1,701,516 | $— | $186,352 | Verified |
| 2022 | $2,438,169 | — | — | −$736,653 | $1,701,516 | $— | $158,981 | Verified |
| 2021 | $— | — | — | — | $1,701,516 | $— | $53,071 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +23.7% | +23.7% | ~100% | Not available | Partial |
| 2025 | -23.9% | -23.9% | ~100% | Not available | Partial |
| 2024 | +98.0% ! | +98.0% | ~100% | 1.5100% | Verified |
| 2023 | +28.0% | +28.0% | ~100% | 1.8100% | Verified |
| 2022 | +230.2% ! | +230.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +536.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.6% | +78.6% | +83.4% | +230.2% | 2023 | +5.6% | 2026 |
| Assessment Ratio | 100.0% | 61.5% | — | 100.0% | 2025 | 16.5% | 2024 |
| 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 |
$317,795 | $242,720 | ~$405,182 | $317,795 | 2025 | $158,981 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$28,784,783 | ~$17,081,691 | ~2.0139% | ~$344,014 | +85.4% |
| 2027 | ~$53,356,552 | ~$18,789,860 | ~1.9814% | ~$372,300 | +243.6% |
| 2028 | ~$98,903,702 | ~$20,668,846 | ~1.9488% | ~$402,803 | +536.9% |
| 2029 | ~$183,331,604 | ~$22,735,731 | ~1.9163% | ~$435,683 | +1080.6% |
| 2030 | ~$339,830,323 | ~$25,009,304 | ~1.8837% | ~$471,111 | +2088.4% |
| 2026 | ~$28,474,207 | ~$17,081,691 | ~2.0465% | ~$349,574 | +83.4% |
| 2027 | ~$52,211,372 | ~$18,789,860 | ~2.0465% | ~$384,532 | +236.2% |
| 2028 | ~$95,736,726 | ~$20,668,846 | ~2.0465% | ~$422,985 | +516.5% |
| 2029 | ~$175,546,445 | ~$22,735,731 | ~2.0465% | ~$465,283 | +1030.5% |
| 2030 | ~$321,888,532 | ~$25,009,304 | ~2.0465% | ~$511,812 | +1972.8% |
| 2026 | ~$29,095,360 | ~$17,081,691 | ~1.9977% | ~$341,234 | +87.4% |
| 2027 | ~$54,514,155 | ~$18,789,860 | ~1.9488% | ~$366,184 | +251.1% |
| 2028 | ~$102,139,761 | ~$20,668,846 | ~1.9000% | ~$392,712 | +557.7% |
| 2029 | ~$191,372,879 | ~$22,735,731 | ~1.8512% | ~$420,882 | +1132.4% |
| 2030 | ~$358,563,390 | ~$25,009,304 | ~1.8024% | ~$450,761 | +2209.0% |
In 2025, this property's market value of $15,528,810 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,528,810 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,050,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,438,169 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.