2507 BURLESON RD TX 78741
| Owner | BRUGGE 2507 LLC |
|---|---|
| Parcel ID | 0308041534 |
| Short ID | 289005 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 31,317 SF |
| Land SF | 52,808 SF |
| Acres | 1.212 |
| Year Built | 1984 |
| Legal | WOODLANDS CONDOMINIUMS COMMON AREA |
| Neighborhood | 08SE |
| Land | $422,464 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $422,464 |
| Improvement | $5,477,536 |
|---|---|
| Total Improvement | $5,477,536 |
| Market | $5,900,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,900,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,900,000 |
| Taxable Value | $5,900,000 |
|---|
Appreciation: Market value has risen +30.0% from $4,540,000 (2021) to $5,900,000 (2025), a CAGR of 6.8% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2022→2023), 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 lagged 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 $120,743. 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 7% of market value ($422,464 land vs $5,477,536 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $5,900,000, 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 +6.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $8,186,480 by 2030, with an estimated annual tax burden around $154,212. 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.
21 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 56,008 SF | ✗ |
| 551 | PAVED AREA | 26,885 SF | ✗ |
| 1ST | 1st Floor | 12,895 SF | ✓ |
| 2ND | 2nd Floor | 11,944 SF | ✓ |
| 3RD | 3rd Floor | 6,478 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 4,164 SF | ✗ |
| 591 | MASONRY TRIM SF | 3,180 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,704 SF | ✗ |
| 581C | STORAGE ATT COMM | 2,393 SF | ✓ |
| 013C | PORCH OPEN 3 COMM | 1,736 SF | ✗ |
| 505 | BALCONY | 890 SF | ✓ |
| 611 | TERRACE | 657 SF | ✗ |
| 601 | POOL COMM'L | 407 SF | ✗ |
| 501 | CANOPY | 24 SF | ✗ |
| MISC | Miscellaneous | 5 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 449 | SPA | 1 SF | ✗ |
| 521 | FIREPLACE | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $54,586.80 | $54,586.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,917.00 | $30,917.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,174.86 | $22,174.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,963.36 | $6,963.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,100.60 | $6,100.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $120,742.62 | $120,742.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,200,000 | $5,900,000 | -11.9% |
| Assessed Value | $5,200,000 | $5,900,000 | -11.9% |
| Land Value | $422,464 | $422,464 | +0.0% |
| Improvement Value | $4,777,536 | $5,477,536 | -12.8% |
| Taxable Value | $5,200,000 | $5,900,000 | -11.9% |
| Total Tax 2026 = estimate |
~$106,417
Estimated
|
~$120,743
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,200,000 | $5,200,000 | +0 (+0.0%) |
| Taxable Value | $5,200,000 | $5,200,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,200,000 | $422,464 | $4,777,536 | — | $5,200,000 | $5,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,900,000 | $422,464 | $5,477,536 | — | $5,900,000 | $5,900,000 | ~$120,743 | Partial |
| 2024 | $6,200,000 | — | — | −$5,777,536 | $422,464 | $— | $124,854 | Verified |
| 2023 | $5,900,000 | — | — | −$5,477,536 | $422,464 | $— | $112,659 | Verified |
| 2022 | $4,570,000 | — | — | −$4,147,536 | $422,464 | $— | $116,520 | Verified |
| 2021 | $4,540,000 | — | — | −$4,117,536 | $422,464 | $— | $99,474 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2025 | -6.3% | -6.3% | ~100% | Not available | Partial |
| 2024 | -5.9% | -5.9% | ~100% | 1.9800% | Verified |
| 2023 | +13.4% | +13.4% | ~100% | 1.6800% | Verified |
| 2022 | +29.1% | +29.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.9% | +3.6% | +9.6% | +29.1% | 2023 | -11.9% | 2026 |
| Assessment Ratio | 100.0% | 38.8% | — | 100.0% | 2025 | 6.8% | 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 |
$120,743 | $114,850 | ~$140,245 | $124,854 | 2024 | $99,474 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,299,427 | ~$6,299,427 | ~2.0139% | ~$126,866 | +6.8% |
| 2027 | ~$6,725,895 | ~$6,725,895 | ~1.9814% | ~$133,266 | +14.0% |
| 2028 | ~$7,181,235 | ~$7,181,235 | ~1.9488% | ~$139,951 | +21.7% |
| 2029 | ~$7,667,401 | ~$7,667,401 | ~1.9163% | ~$146,930 | +30.0% |
| 2030 | ~$8,186,480 | ~$8,186,480 | ~1.8837% | ~$154,212 | +38.8% |
| 2026 | ~$6,181,427 | ~$6,181,427 | ~2.0465% | ~$126,502 | +4.8% |
| 2027 | ~$6,476,278 | ~$6,476,278 | ~2.0465% | ~$132,536 | +9.8% |
| 2028 | ~$6,785,193 | ~$6,785,193 | ~2.0465% | ~$138,858 | +15.0% |
| 2029 | ~$7,108,844 | ~$7,108,844 | ~2.0465% | ~$145,481 | +20.5% |
| 2030 | ~$7,447,932 | ~$7,447,932 | ~2.0465% | ~$152,421 | +26.2% |
| 2026 | ~$6,417,427 | ~$6,417,427 | ~1.9977% | ~$128,199 | +8.8% |
| 2027 | ~$6,980,232 | ~$6,980,232 | ~1.9488% | ~$136,034 | +18.3% |
| 2028 | ~$7,592,395 | ~$7,592,395 | ~1.9000% | ~$144,257 | +28.7% |
| 2029 | ~$8,258,244 | ~$8,258,244 | ~1.8512% | ~$152,876 | +40.0% |
| 2030 | ~$8,982,488 | ~$8,982,488 | ~1.8024% | ~$161,898 | +52.2% |
In 2025, this property's market value of $5,900,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 11× 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 | $5,900,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,200,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,900,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $4,570,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,540,000 | $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.