2400 BURLESON RD AUSTIN, TX 78741
| Owner | TIERRA MAYA INC |
|---|---|
| Parcel ID | 0308041701 |
| Short ID | 289137 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,998 SF |
| Land SF | 17,772 SF |
| Acres | 0.408 |
| Year Built | 1975 |
| Legal | TRT B PARKER HEIGHTS SEC 1A RESUB |
| Neighborhood | 48CEN |
| Land | $266,580 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $266,580 |
| Improvement | $421,471 |
|---|---|
| Total Improvement | $421,471 |
| Market | $688,051 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $688,051 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $688,051 |
| Taxable Value | $688,051 |
|---|
Appreciation: Market value has risen +49.6% from $460,000 (2021) to $688,051 (2025), a CAGR of 10.6% over 4 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 +24.1%, 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 $14,081. 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 39% of market value ($266,580 land vs $421,471 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~51 yrs), and rent roll drive the underwriting.
Submarket Position: At $688,051, this parcel sits in the lower-middle (25th–50th 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 +10.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,138,149 by 2030, with an estimated annual tax burden around $20,874. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,000 SF | ✗ |
| 1ST | 1st Floor | 2,998 SF | ✓ |
| 501 | CANOPY | 1,338 SF | ✗ |
| 611 | TERRACE | 938 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% | $6,365.85 | $6,365.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,605.50 | $3,605.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,586.01 | $2,586.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $812.06 | $812.06 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $711.44 | $711.44 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,080.86 | $14,080.86 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $712,267 | $688,051 | +3.5% |
| Assessed Value | $712,267 | $688,051 | +3.5% |
| Land Value | $266,580 | $266,580 | +0.0% |
| Improvement Value | $445,687 | $421,471 | +5.7% |
| Taxable Value | $712,267 | $688,051 | +3.5% |
| Total Tax 2026 = estimate |
~$14,576
Estimated
|
~$14,081
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $712,267 | $712,267 | +0 (+0.0%) |
| Taxable Value | $712,267 | $712,267 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $712,267 | $266,580 | $445,687 | — | $712,267 | $712,267 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $688,051 | $266,580 | $421,471 | — | $688,051 | $688,051 | ~$14,081 | Partial |
| 2024 | $693,402 | — | — | −$426,822 | $266,580 | $— | $12,933 | Verified |
| 2023 | $520,000 | — | — | −$253,420 | $266,580 | $— | $12,545 | Verified |
| 2022 | $520,000 | — | — | −$253,420 | $266,580 | $— | $10,270 | Verified |
| 2021 | $460,000 | — | — | −$193,420 | $266,580 | $— | $11,319 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.5% | +3.5% | ~100% | Not available | Partial |
| 2025 | +5.4% | +5.4% | ~100% | Not available | Partial |
| 2024 | -5.9% | -5.9% | ~100% | 1.9800% | Verified |
| 2023 | +22.2% | +22.2% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2021 | base year | — | ~100% | 2.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.5% | +9.8% | +9.8% | +33.3% | 2024 | -0.8% | 2025 |
| Assessment Ratio | 100.0% | 66.5% | — | 100.0% | 2025 | 38.4% | 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 |
$14,081 | $12,229 | ~$17,953 | $14,081 | 2025 | $10,270 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$760,915 | ~$756,856 | ~2.0139% | ~$15,243 | +10.6% |
| 2027 | ~$841,496 | ~$832,542 | ~1.9814% | ~$16,496 | +22.3% |
| 2028 | ~$930,610 | ~$915,796 | ~1.9488% | ~$17,847 | +35.3% |
| 2029 | ~$1,029,161 | ~$1,007,375 | ~1.9163% | ~$19,304 | +49.6% |
| 2030 | ~$1,138,149 | ~$1,108,113 | ~1.8837% | ~$20,874 | +65.4% |
| 2026 | ~$747,154 | ~$747,154 | ~2.0465% | ~$15,290 | +8.6% |
| 2027 | ~$811,335 | ~$811,335 | ~2.0465% | ~$16,604 | +17.9% |
| 2028 | ~$881,028 | ~$881,028 | ~2.0465% | ~$18,030 | +28.0% |
| 2029 | ~$956,708 | ~$956,708 | ~2.0465% | ~$19,579 | +39.0% |
| 2030 | ~$1,038,889 | ~$1,038,889 | ~2.0465% | ~$21,261 | +51.0% |
| 2026 | ~$774,676 | ~$756,856 | ~1.9977% | ~$15,119 | +12.6% |
| 2027 | ~$872,208 | ~$832,542 | ~1.9488% | ~$16,225 | +26.8% |
| 2028 | ~$982,018 | ~$915,796 | ~1.9000% | ~$17,400 | +42.7% |
| 2029 | ~$1,105,654 | ~$1,007,375 | ~1.8512% | ~$18,648 | +60.7% |
| 2030 | ~$1,244,856 | ~$1,108,113 | ~1.8024% | ~$19,972 | +80.9% |
In 2025, this property's market value of $688,051 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -51% below 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 | $688,051 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $693,402 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $520,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $520,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $460,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.