8123 RESEARCH BLVD TX 78758
| Owner | MODERN PERFORMANCE PROPERTIES LLC |
|---|---|
| Parcel ID | 0239101306 |
| Short ID | 242736 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 30,099 SF |
| Acres | 0.691 |
| Year Built | — |
| Legal | LOT 2 RESEARCH PLAZA III |
| Neighborhood | 1NO1 |
| Land | $842,772 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $842,772 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $842,772 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $842,772 |
| Value Limitation Adjustment (−) (homestead cap) | −$84,276 |
| Net Appraised (assessed) | $758,496 |
| Taxable Value | $758,496 |
|---|
Appreciation: Market value has risen +60.0% from $526,733 (2021) to $842,772 (2025), a CAGR of 12.5% 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 Land/Vacant parcel countywide rose +283.7%, so this parcel has lagged the broader land/vacant market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $15,523. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($758,496) is $84,276 below market value, suggesting potential for an upward assessment in future years.
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 100% of market value ($842,772 land vs $0 improvements), about $28/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 $842,772, 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 +9.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,348,434 by 2031, with an estimated annual tax burden around $25,401. 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $7,017.60 | $7,017.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,974.65 | $3,974.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,850.77 | $2,850.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $895.20 | $895.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $784.28 | $784.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,522.50 | $15,522.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $7,017.60 | 45.2% |
| CAT City of Austin | 0.5240% | $3,974.65 | 25.6% |
| TCO Travis County | 0.3758% | $2,850.77 | 18.4% |
| THD Travis Central Health | 0.1180% | $895.20 | 5.8% |
| ACT Austin Community College | 0.1034% | $784.28 | 5.1% |
| Total | 2.0465% | $15,522.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $842,772 | $842,772 | +0.0% |
| Assessed Value | $842,772 | $758,496 | +11.1% |
| Land Value | $842,772 | $842,772 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $842,772 | $758,496 | +11.1% |
| Total Tax 2026 = estimate |
~$17,247
Estimated
|
~$15,522
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $842,772 | $842,772 | — | — | $842,772 | $842,772 | Not yet — post-cert | Preliminary |
| 2025 | $842,772 | $842,772 | — | −$84,276 | $758,496 | $758,496 | ~$15,522 | Partial |
| 2024 | $842,772 | $842,772 | — | −$210,692 | $632,080 | $632,080 | $12,527 | Verified |
| 2023 | $526,733 | $526,733 | — | — | $526,733 | $526,733 | $9,530 | Verified |
| 2022 | $526,733 | $526,733 | — | — | $526,733 | $526,733 | $10,403 | Verified |
| 2021 | $526,733 | $526,733 | — | — | $526,733 | $526,733 | $11,465 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +11.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 90.0% | Not available | Partial |
| 2024 | +60.0% | +20.0% | 75.0% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +60.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +12.0% | +9.9% | +60.0% | 2024 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 94.2% | — | 100.0% | 2021 | 75.0% | 2024 |
| Effective Tax Rate (2025) | 1.8400% | 1.8400% | — | 1.8400% | 2025 | 1.8400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,522 | $11,889 | ~$21,899 | $15,522 | 2025 | $9,530 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$925,836 | ~$925,836 | ~2.0139% | ~$18,646 | +9.9% |
| 2028 | ~$1,017,087 | ~$1,017,087 | ~1.9814% | ~$20,152 | +20.7% |
| 2029 | ~$1,117,331 | ~$1,117,331 | ~1.9488% | ~$21,775 | +32.6% |
| 2030 | ~$1,227,455 | ~$1,227,455 | ~1.9163% | ~$23,522 | +45.6% |
| 2031 | ~$1,348,434 | ~$1,348,434 | ~1.8837% | ~$25,401 | +60.0% |
| 2027 | ~$908,980 | ~$908,980 | ~2.0465% | ~$18,602 | +7.9% |
| 2028 | ~$980,390 | ~$980,390 | ~2.0465% | ~$20,064 | +16.3% |
| 2029 | ~$1,057,410 | ~$1,057,410 | ~2.0465% | ~$21,640 | +25.5% |
| 2030 | ~$1,140,481 | ~$1,140,481 | ~2.0465% | ~$23,340 | +35.3% |
| 2031 | ~$1,230,077 | ~$1,230,077 | ~2.0465% | ~$25,173 | +46.0% |
| 2027 | ~$942,691 | ~$942,691 | ~1.9977% | ~$18,832 | +11.9% |
| 2028 | ~$1,054,457 | ~$1,054,457 | ~1.9488% | ~$20,550 | +25.1% |
| 2029 | ~$1,179,474 | ~$1,179,474 | ~1.9000% | ~$22,410 | +40.0% |
| 2030 | ~$1,319,313 | ~$1,319,313 | ~1.8512% | ~$24,423 | +56.5% |
| 2031 | ~$1,475,731 | ~$1,475,731 | ~1.8024% | ~$26,598 | +75.1% |
In 2025, this property's market value of $842,772 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 10× 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 | $842,772 | $24,862 | $84,423 | $362,804 | ↑ Top 25% | +2.1% |
| 2024 | $842,772 | $23,000 | $66,000 | $328,966 | ↑ Top 25% | +0.0% |
| 2023 | $526,733 | $24,692 | $71,500 | $270,000 | ↑ Top 25% | +0.0% |
| 2022 | $526,733 | $15,000 | $55,000 | $180,000 | ↑ Top 25% | +100.0% |
| 2021 | $526,733 | $8,000 | $22,000 | $81,900 | ↑ 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 | — |