8557 RESEARCH BLVD TX 78758
| Owner | TOWN NORTH HOLDINGS LLC |
|---|---|
| Parcel ID | 0240120613 |
| Short ID | 244690 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 42,134 SF |
| Land SF | 182,533 SF |
| Acres | 4.190 |
| Year Built | 1981 |
| Legal | LOT A *LESS 1290SF OHLEN SQUARE SEC 3 |
| Neighborhood | 43NOR |
| Land | $5,475,990 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,475,990 |
| Improvement | $329,563 |
|---|---|
| Total Improvement | $329,563 |
| Market | $5,805,553 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,805,553 |
| Value Limitation Adjustment (−) (homestead cap) | −$123,553 |
| Net Appraised (assessed) | $5,682,000 |
| Taxable Value | $5,682,000 |
|---|
Appreciation: Market value has risen +25.6% from $4,622,667 (2021) to $5,805,553 (2025), a CAGR of 5.9% over 4 years. This represents moderate, steady growth. 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 Commercial parcel countywide rose +17.8%, so this parcel has outpaced the broader commercial 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 $116,281. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($5,682,000) is $123,553 below market value, suggesting potential for an upward assessment in future years.
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 94% of market value ($5,475,990 land vs $329,563 improvements), about $30/SF of land. With value concentrated in the land under a ~45-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $5,805,553, 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 +7.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $9,755,072 by 2031, with an estimated annual tax burden around $183,760. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 128,975 SF | ✗ |
| 1ST | 1st Floor | 42,134 SF | ✓ |
| 501 | CANOPY | 4,088 SF | ✗ |
| 611 | TERRACE | 4,088 SF | ✗ |
| 327 | STORAGE COMM'L | 506 SF | ✓ |
| 482 | LIGHT POLES | 7 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $52,569.86 | $52,569.86 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,774.65 | $29,774.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,355.51 | $21,355.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,706.07 | $6,706.07 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,875.19 | $5,875.19 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $116,281.28 | $116,281.28 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $52,569.86 | 45.2% |
| CAT City of Austin | 0.5240% | $29,774.65 | 25.6% |
| TCO Travis County | 0.3758% | $21,355.51 | 18.4% |
| THD Travis Central Health | 0.1180% | $6,706.07 | 5.8% |
| ACT Austin Community College | 0.1034% | $5,875.19 | 5.1% |
| Total | 2.0465% | $116,281.28 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,715,240 | $5,805,553 | +15.7% |
| Assessed Value | $6,715,240 | $5,682,000 | +18.2% |
| Land Value | $5,475,990 | $5,475,990 | +0.0% |
| Improvement Value | $1,239,250 | $329,563 | +276.0% |
| Taxable Value | $6,715,240 | $5,682,000 | +18.2% |
| Total Tax 2026 = estimate |
~$137,426
Estimated
|
~$116,281
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,715,240 | $5,475,990 | $1,239,250 | — | $6,715,240 | $6,715,240 | Not yet — post-cert | Preliminary |
| 2025 | $5,805,553 | $5,475,990 | $329,563 | −$123,553 | $5,682,000 | $5,682,000 | ~$116,281 | Partial |
| 2024 | $6,634,796 | $5,475,990 | $1,158,806 | — | $6,634,796 | $6,634,796 | $93,839 | Verified |
| 2023 | $4,735,000 | $2,737,995 | $1,997,005 | — | $4,735,000 | $4,735,000 | $85,668 | Verified |
| 2022 | $4,735,413 | $2,737,995 | $1,997,418 | — | $4,735,413 | $4,735,413 | $93,521 | Verified |
| 2021 | $4,622,667 | $2,737,995 | $1,884,672 | — | $4,622,667 | $4,622,667 | $100,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +15.7% | +18.2% | ~100% | Not available | Partial |
| 2025 | -12.5% | -14.4% | 97.9% | Not available | Partial |
| 2024 | +40.1% | +40.1% | ~100% | No billing data | Verified |
| 2023 | -0.0% | -0.0% | ~100% | No billing data | Verified |
| 2022 | +2.4% | +2.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +15.7% | +9.1% | +7.8% | +40.1% | 2024 | -12.5% | 2025 |
| Assessment Ratio | 100.0% | 99.6% | — | 100.0% | 2021 | 97.9% | 2025 |
| Effective Tax Rate (2025) | 2.0000% | 2.0000% | — | 2.0000% | 2025 | 2.0000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$116,281 | $97,986 | ~$164,239 | $116,281 | 2025 | $85,668 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$7,235,946 | ~$7,235,946 | ~2.0139% | ~$145,727 | +7.8% |
| 2028 | ~$7,797,028 | ~$7,797,028 | ~1.9814% | ~$154,489 | +16.1% |
| 2029 | ~$8,401,617 | ~$8,401,617 | ~1.9488% | ~$163,734 | +25.1% |
| 2030 | ~$9,053,087 | ~$9,053,087 | ~1.9163% | ~$173,483 | +34.8% |
| 2031 | ~$9,755,072 | ~$9,755,072 | ~1.8837% | ~$183,760 | +45.3% |
| 2027 | ~$7,101,641 | ~$7,101,641 | ~2.0465% | ~$145,334 | +5.8% |
| 2028 | ~$7,510,277 | ~$7,510,277 | ~2.0465% | ~$153,697 | +11.8% |
| 2029 | ~$7,942,425 | ~$7,942,425 | ~2.0465% | ~$162,541 | +18.3% |
| 2030 | ~$8,399,440 | ~$8,399,440 | ~2.0465% | ~$171,893 | +25.1% |
| 2031 | ~$8,882,752 | ~$8,882,752 | ~2.0465% | ~$181,784 | +32.3% |
| 2027 | ~$7,370,251 | ~$7,370,251 | ~1.9977% | ~$147,233 | +9.8% |
| 2028 | ~$8,089,152 | ~$8,089,152 | ~1.9488% | ~$157,645 | +20.5% |
| 2029 | ~$8,878,176 | ~$8,878,176 | ~1.9000% | ~$168,687 | +32.2% |
| 2030 | ~$9,744,162 | ~$9,744,162 | ~1.8512% | ~$180,383 | +45.1% |
| 2031 | ~$10,694,616 | ~$10,694,616 | ~1.8024% | ~$192,757 | +59.3% |
In 2025, this property's market value of $5,805,553 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 4× 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 | $5,805,553 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $6,634,796 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,735,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,735,413 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,622,667 | $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 | — |