7733 BURLESON RD TX 78645
| Owner | TRAVIS COUNTY FACILITIES CORP |
|---|---|
| Parcel ID | 0323110301 |
| Short ID | 295765 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 390,384 SF |
| Land SF | 1,484,568 SF |
| Acres | 34.081 |
| Year Built | 2024 |
| Legal | ABS 24 DELVALLE S ACR 34.357 |
| Neighborhood | _HACRE |
| Land | $5,938,273 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,938,273 |
| Improvement | $88,281,727 |
|---|---|
| Total Improvement | $88,281,727 |
| Market | $94,220,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $94,220,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $94,220,000 |
| Taxable Value | $94,220,000 |
|---|
Appreciation: Market value has risen +17035.5% from $549,852 (2021) to $94,220,000 (2025), a CAGR of 261.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→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.
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 6% of market value ($5,938,273 land vs $88,281,727 improvements), about $4/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $94,220,000, 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 390,384 SF | ✓ |
Market value changed by 5581% in 2024, 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 | $91,706,879 | $94,220,000 | -2.7% |
| Assessed Value | $91,706,879 | $94,220,000 | -2.7% |
| Land Value | $5,938,273 | $5,938,273 | +0.0% |
| Improvement Value | $85,768,606 | $88,281,727 | -2.8% |
| Taxable Value | — | — | — |
| Exemptions | — | F | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $91,706,879 | $91,706,879 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $91,706,879 | $5,938,273 | $85,768,606 | — | $91,706,879 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $94,220,000 | $5,938,273 | $88,281,727 | — | $94,220,000 | $— | not in county billing file ⓘ | Partial |
| 2024 | $— | — | — | — | $5,938,273 | $— | $58,834 | Verified |
| 2023 | $— | — | — | — | $941,382 | $— | $16,067 | Verified |
| 2022 | $— | — | — | — | $611,588 | $— | $11,559 | Verified |
| 2021 | $549,852 | — | — | — | $611,588 ! | $— | $12,085 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.7% | -2.7% | ~100% | Not available | Partial |
| 2025 | +76.2% ! | +76.2% | ~100% | Not available | Partial |
| 2024 | +5581.0% ! | +5581.0% | ~100% | 0.1100% | Verified |
| 2023 | +53.9% | +53.9% | ~100% | 1.7100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15305.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.7% | +8516.4% | — | +17035.5% | 2025 | -2.7% | 2026 |
| Assessment Ratio | 100.0% | 103.7% | — | 111.2% | 2021 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $12,085 | $12,085 | — | $12,085 | 2021 | $12,085 | 2021 |
In 2025, this property's market value of $94,220,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 181× 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 | $94,220,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | — | $467,458 | $564,615 | $848,565 | — | -6.3% |
| 2023 | — | $503,905 | $617,035 | $919,932 | — | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $549,852 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |