12007 RESEARCH BLVD TX 78759
| Owner | TEXAS ASSOCIATION OF SCHOOL BOARDS INC |
|---|---|
| Parcel ID | 0164010305 |
| Short ID | 163295 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 150,000 SF |
| Land SF | 377,186 SF |
| Acres | 8.659 |
| Year Built | 2005 |
| Legal | LOT 1 BLK A SUMMIT OAKS SUBD REPLAT OF A PORTION |
| Neighborhood | 51FNW |
| Land | $7,543,720 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,543,720 |
| Improvement | $26,734,048 |
|---|---|
| Total Improvement | $26,734,048 |
| Market | $34,277,768 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $34,277,768 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $34,277,768 |
| Taxable Value | $34,277,768 |
|---|
Appreciation: Market value has fallen -25.5% from $45,987,200 (2021) to $34,277,768 (2025), a CAGR of -7.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $690,486. Round Rock ISD is the largest single contributor, at 44.3% 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 22% of market value ($7,543,720 land vs $26,734,048 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $34,277,768, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 -6.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $23,137,422 by 2031, with an estimated annual tax burden around $398,344. 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 | 200,000 SF | ✗ |
| 1ST | 1st Floor | 150,000 SF | ✓ |
| 541 | FENCE COMM LF | 1,473 SF | ✗ |
| 437 | FENCE MASON LF | 1,298 SF | ✗ |
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.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $306,134.75 | $306,134.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $179,621.33 | $179,621.33 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $128,831.28 | $128,831.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $40,455.65 | $40,455.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $35,443.21 | $35,443.21 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $690,486.22 | $690,486.22 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $306,134.75 | 44.3% |
| CAT City of Austin | 0.5240% | $179,621.33 | 26.0% |
| TCO Travis County | 0.3758% | $128,831.28 | 18.7% |
| THD Travis Central Health | 0.1180% | $40,455.65 | 5.9% |
| ACT Austin Community College | 0.1034% | $35,443.21 | 5.1% |
| Total | 2.0144% | $690,486.22 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,619,400 | $34,277,768 | -4.8% |
| Assessed Value | $32,619,400 | $34,277,768 | -4.8% |
| Land Value | $7,543,720 | $7,543,720 | +0.0% |
| Improvement Value | $25,075,680 | $26,734,048 | -6.2% |
| Taxable Value | $32,619,400 | $34,277,768 | -4.8% |
| Total Tax 2026 = estimate |
~$657,080
Estimated
|
~$690,486
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $32,619,400 | $7,543,720 | $25,075,680 | — | $32,619,400 | $32,619,400 | Not yet — post-cert | Preliminary |
| 2025 | $34,277,768 | $7,543,720 | $26,734,048 | — | $34,277,768 | $34,277,768 | ~$690,486 | Partial |
| 2024 | $41,691,552 | $7,543,720 | $34,147,832 | — | $41,691,552 | $41,691,552 | $802,318 | Verified |
| 2023 | $40,492,572 | $5,657,790 | $34,834,782 | — | $40,492,572 | $40,492,572 | $756,704 | Verified |
| 2022 | $46,062,384 | $5,657,790 | $40,404,594 | — | $46,062,384 | $46,062,384 | $940,098 | Verified |
| 2021 | $45,987,200 | $5,657,790 | $40,329,410 | — | $45,987,200 | $45,987,200 | $1,034,059 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2025 | -17.8% | -17.8% | ~100% | Not available | Partial |
| 2024 | +3.0% | +3.0% | ~100% | No billing data | Verified |
| 2023 | -12.1% | -12.1% | ~100% | No billing data | Verified |
| 2022 | +0.2% | +0.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.8% | -6.3% | -6.6% | +3.0% | 2024 | -17.8% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$690,486 | $844,733 | ~$492,537 | $1,034,059 | 2021 | $690,486 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$30,453,960 | ~$30,453,960 | ~1.9558% | ~$595,630 | -6.6% |
| 2028 | ~$28,432,272 | ~$28,432,272 | ~1.8973% | ~$539,442 | -12.8% |
| 2029 | ~$26,544,795 | ~$26,544,795 | ~1.8387% | ~$488,090 | -18.6% |
| 2030 | ~$24,782,617 | ~$24,782,617 | ~1.7802% | ~$441,178 | -24.0% |
| 2031 | ~$23,137,422 | ~$23,137,422 | ~1.7216% | ~$398,344 | -29.1% |
| 2027 | ~$30,988,430 | ~$30,988,430 | ~2.0144% | ~$624,226 | -5.0% |
| 2028 | ~$29,439,008 | ~$29,439,008 | ~2.0144% | ~$593,015 | -9.8% |
| 2029 | ~$27,967,058 | ~$27,967,058 | ~2.0144% | ~$563,364 | -14.3% |
| 2030 | ~$26,568,705 | ~$26,568,705 | ~2.0144% | ~$535,196 | -18.5% |
| 2031 | ~$25,240,270 | ~$25,240,270 | ~2.0144% | ~$508,436 | -22.6% |
| 2027 | ~$31,106,348 | ~$31,106,348 | ~1.9266% | ~$599,283 | -4.6% |
| 2028 | ~$29,663,478 | ~$29,663,478 | ~1.8387% | ~$545,434 | -9.1% |
| 2029 | ~$28,287,537 | ~$28,287,537 | ~1.7509% | ~$495,291 | -13.3% |
| 2030 | ~$26,975,418 | ~$26,975,418 | ~1.6631% | ~$448,627 | -17.3% |
| 2031 | ~$25,724,162 | ~$25,724,162 | ~1.5753% | ~$405,225 | -21.1% |
In 2025, this property's market value of $34,277,768 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 25× the county median of $1,382,921. 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 | $34,277,768 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $41,691,552 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $40,492,572 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $46,062,384 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $45,987,200 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |