10319 BURKLUND FARMS RD TX 78617
| Owner | GOOGINS AARON |
|---|---|
| Parcel ID | 0356310304 |
| Short ID | 300910 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,600 SF |
| Land SF | 2,383,690 SF |
| Acres | 54.722 |
| Year Built | 2020 |
| Legal | ABS 59 SUR 1 BETTS J ACR 54.7220 |
| Neighborhood | _RGN415 |
| Land | $1,159,854 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,159,854 |
| Improvement | $451,649 |
|---|---|
| Total Improvement | $451,649 |
| Market | $1,611,503 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,611,503 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,322,637 |
| Net Appraised (assessed) | $288,866 |
| Taxable Value | $288,866 |
|---|
Appreciation: Market value has risen +57515.4% from $2,797 (2021) to $1,611,503 (2025), a CAGR of 389.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2025→2026), 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.
Tax Burden: The combined rate across 6 taxing entities is 1.7462% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $5,044. Del Valle ISD is the largest single contributor, at 54.3% of the total 2025 levy.
Assessment Gap: Assessed value ($288,866) is $1,322,637 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 72% of market value ($1,159,854 land vs $451,649 improvements), about $0/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,611,503, 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 +389.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,548,879,508 by 2030, with an estimated annual tax burden around $66,363,796. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,600 SF | ✓ |
| 041 | GARAGE ATT 1ST F | 1,600 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,600 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 1,000 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
Market value changed by 88% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $2,741.05 | $2,741.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,085.69 | $1,085.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $340.93 | $340.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $298.69 | $298.69 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $288.87 | $288.87 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $288.87 | $288.87 | Paid |
| Combined Rate | 1.9760% | 1.8900% | 1.7067% | 1.7506% | 1.7462% | -0.0044% | $5,044.10 | $5,044.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,559,498 | $1,611,503 | +182.9% |
| Assessed Value | $268,762 | $288,866 | -7.0% |
| Land Value | $4,377,760 | $1,159,854 | +277.4% |
| Improvement Value | $181,738 | $451,649 | -59.8% |
| Taxable Value | $268,762 | $288,866 | -7.0% |
| HS Cap Loss | -$4,290,736 | — | |
| Total Tax 2026 = estimate |
~$4,693
Estimated
|
~$5,044
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,559,498 | $4,559,498 | +0 (+0.0%) |
| Taxable Value | $268,762 | $268,762 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,559,498 | $4,377,760 | $181,738 | −$4,290,736 | $268,762 | $268,762 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,611,503 | $1,159,854 | $451,649 | −$1,322,637 | $288,866 | $288,866 | ~$5,044 | Partial |
| 2024 | $— | — | — | — | — | $— | $4,224 | Verified |
| 2023 | $— | — | — | — | — | $— | $5,646 | Verified |
| 2022 | $— | — | — | — | — | $— | $6,337 | Verified |
| 2021 | $2,797 | — | — | — | $320,563 ! | $— | $11,322 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +182.9% ! | -7.0% | 5.9% | Not available | Partial |
| 2025 | +17.3% | +19.7% | 17.9% | Not available | Partial |
| 2024 | +27.9% | -27.1% | 17.6% | 0.3100% | Verified |
| 2023 | -0.3% | -1.3% | 30.8% | 0.5300% | Verified |
| 2022 | +88.1% ! | -41.5% | 31.1% | 0.5900% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +181.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +182.9% | +28849.2% | +326.6% | +57515.4% | 2025 | +182.9% | 2026 |
| Assessment Ratio | 5.9% | 3828.3% | — | 11461.0% | 2021 | 5.9% | 2026 |
| Effective Tax Rate (2025) | 0.3100% | 0.3100% | — | 0.3100% | 2025 | 0.3100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,044 | $8,183 | ~$16,837,929 | $11,322 | 2021 | $5,044 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,895,248 | ~$7,895,248 | ~1.6887% | ~$133,328 | +389.9% |
| 2027 | ~$38,681,245 | ~$38,681,245 | ~1.6313% | ~$630,993 | +2300.3% |
| 2028 | ~$189,511,298 | ~$189,511,298 | ~1.5738% | ~$2,982,547 | +11659.9% |
| 2029 | ~$928,474,050 | ~$928,474,050 | ~1.5164% | ~$14,078,981 | +57515.4% |
| 2030 | ~$4,548,879,508 | ~$4,548,879,508 | ~1.4589% | ~$66,363,796 | +282175.6% |
| 2026 | ~$7,863,018 | ~$7,863,018 | ~1.7462% | ~$137,302 | +387.9% |
| 2027 | ~$38,366,080 | ~$38,366,080 | ~1.7462% | ~$669,936 | +2280.8% |
| 2028 | ~$187,199,885 | ~$187,199,885 | ~1.7462% | ~$3,268,824 | +11516.5% |
| 2029 | ~$913,405,729 | ~$913,405,729 | ~1.7462% | ~$15,949,599 | +56580.4% |
| 2030 | ~$4,456,787,060 | ~$4,456,787,060 | ~1.7462% | ~$77,822,989 | +276460.9% |
| 2026 | ~$7,927,478 | ~$7,927,478 | ~1.6600% | ~$131,595 | +391.9% |
| 2027 | ~$38,997,700 | ~$38,997,700 | ~1.5738% | ~$613,750 | +2320.0% |
| 2028 | ~$191,841,660 | ~$191,841,660 | ~1.4876% | ~$2,853,895 | +11804.5% |
| 2029 | ~$943,728,042 | ~$943,728,042 | ~1.4015% | ~$13,225,891 | +58462.0% |
| 2030 | ~$4,642,488,059 | ~$4,642,488,059 | ~1.3153% | ~$61,061,363 | +287984.4% |
In 2025, this property's market value of $1,611,503 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,611,503 | $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 | $2,797 | $300,453 | $376,850 | $539,896 | ↓ 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.