RESEARCH BLVD 78759
| Owner | KARLIN RESEARCH PARK DEVELOPMENT LLC & |
|---|---|
| Parcel ID | 0167080102 |
| Short ID | 987474 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 759,469 SF |
| Acres | 17.435 |
| Year Built | — |
| Legal | RESEARCH PARK SEC 4 LOT 14C (5.5882AC IN TRAVIS CO) |
| Neighborhood | S21522 |
| Land | $7,594,686 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,594,686 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,430,300 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,430,300 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,430,300 |
| Taxable Value | $2,430,300 |
|---|
Appreciation: Market value has fallen +0.0% from $2,430,300 (2024) to $2,430,300 (2025), a CAGR of 0.0% over 1 year. Growth has been relatively flat for this asset class. Over the same span, the median Land/Vacant parcel countywide rose +27.9%, so this parcel has lagged the broader land/vacant 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 $48,956. Round Rock ISD is the largest single contributor, at 44.3% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 312% of market value ($7,594,686 land vs $0 improvements), about $10/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 $2,430,300, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $84,423 (P25 $24,862 / P75 $362,804, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +76.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $131,109,651 by 2031, with an estimated annual tax burden around $2,257,239. 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.
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% | $21,705.01 | $21,705.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,735.19 | $12,735.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,134.16 | $9,134.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,868.31 | $2,868.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,512.93 | $2,512.93 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $48,955.60 | $48,955.60 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IRR Round Rock ISD | 0.8931% | $21,705.01 | 44.3% |
| CAT City of Austin | 0.5240% | $12,735.19 | 26.0% |
| TCO Travis County | 0.3758% | $9,134.16 | 18.7% |
| THD Travis Central Health | 0.1180% | $2,868.31 | 5.9% |
| ACT Austin Community College | 0.1034% | $2,512.93 | 5.1% |
| Total | 2.0144% | $48,955.60 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,594,686 | $2,430,300 | +212.5% |
| Assessed Value | $7,594,686 | $2,430,300 | +212.5% |
| Land Value | $7,594,686 | $7,594,686 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $7,594,686 | $2,430,300 | +212.5% |
| Total Tax 2026 = estimate |
~$152,986
Estimated
|
~$48,956
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $7,594,686 | $7,594,686 | — | — | $7,594,686 | $7,594,686 | Not yet — post-cert | Preliminary |
| 2025 | $2,430,300 | $7,594,686 | — | — | $2,430,300 | $2,430,300 | ~$48,956 | Partial |
| 2024 | $2,430,300 | $7,594,686 | — | — | $2,430,300 | $2,430,300 | $46,769 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +212.5% ! | +212.5% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +212.5% | +106.2% | +76.8% | +212.5% | 2026 | +0.0% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2024 | 100.0% | 2024 |
| 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 |
$48,956 | $47,862 | ~$1,012,374 | $48,956 | 2025 | $46,769 | 2024 |
Market value changed by 212% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$13,425,634 | ~$13,425,634 | ~1.9558% | ~$262,583 | +76.8% |
| 2028 | ~$23,733,389 | ~$23,733,389 | ~1.8973% | ~$450,291 | +212.5% |
| 2029 | ~$41,955,097 | ~$41,955,097 | ~1.8387% | ~$771,445 | +452.4% |
| 2030 | ~$74,166,826 | ~$74,166,826 | ~1.7802% | ~$1,320,311 | +876.6% |
| 2031 | ~$131,109,651 | ~$131,109,651 | ~1.7216% | ~$2,257,239 | +1626.3% |
| 2027 | ~$13,273,740 | ~$13,273,740 | ~2.0144% | ~$267,384 | +74.8% |
| 2028 | ~$23,199,402 | ~$23,199,402 | ~2.0144% | ~$467,325 | +205.5% |
| 2029 | ~$40,547,143 | ~$40,547,143 | ~2.0144% | ~$816,776 | +433.9% |
| 2030 | ~$70,866,950 | ~$70,866,950 | ~2.0144% | ~$1,427,533 | +833.1% |
| 2031 | ~$123,858,901 | ~$123,858,901 | ~2.0144% | ~$2,494,995 | +1530.9% |
| 2027 | ~$13,577,527 | ~$13,577,527 | ~1.9266% | ~$261,580 | +78.8% |
| 2028 | ~$24,273,452 | ~$24,273,452 | ~1.8387% | ~$446,326 | +219.6% |
| 2029 | ~$43,395,272 | ~$43,395,272 | ~1.7509% | ~$759,815 | +471.4% |
| 2030 | ~$77,580,625 | ~$77,580,625 | ~1.6631% | ~$1,290,239 | +921.5% |
| 2031 | ~$138,696,064 | ~$138,696,064 | ~1.5753% | ~$2,184,839 | +1726.2% |
In 2025, this property's market value of $2,430,300 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 29× the county median of $84,423. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,430,300 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $2,430,300 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 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 | 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 | 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 | — |