8868 RESEARCH BLVD 5 TX
| Owner | RANGER A-TX LP |
|---|---|
| Parcel ID | 0243100905 |
| Short ID | 248794 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 56,276 SF |
| Land SF | 183,388 SF |
| Acres | 4.210 |
| Year Built | 1983 |
| Legal | LOT C AUSTIN BUSINESS PARK NO 2 |
| Neighborhood | 66NOR |
| Land | $1,683,502 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,683,502 |
| Improvement | $10,316,498 |
|---|---|
| Total Improvement | $10,316,498 |
| Market | $12,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,000,000 |
| Taxable Value | $12,000,000 |
|---|
Appreciation: Market value has risen +11.0% from $10,808,483 (2021) to $12,000,000 (2025), a CAGR of 2.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $245,578. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 14% of market value ($1,683,502 land vs $10,316,498 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,000,000, 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 +2.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $13,610,758 by 2031, with an estimated annual tax burden around $256,392. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 56,276 SF | ✓ |
| 881 | COMMCL FINISHOUT | 56,276 SF | ✓ |
| 551 | PAVED AREA | 55,000 SF | ✗ |
| 501 | CANOPY | 1,909 SF | ✗ |
| SO | Sketch Only | 1,181 SF | ✗ |
| 091 | HVAC COMMRCL TON | 5 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $111,024.00 | $111,024.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $62,882.04 | $62,882.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,101.40 | $45,101.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,162.76 | $14,162.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,408.00 | $12,408.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $245,578.20 | $245,578.20 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $111,024.00 | 45.2% |
| CAT City of Austin | 0.5240% | $62,882.04 | 25.6% |
| TCO Travis County | 0.3758% | $45,101.40 | 18.4% |
| THD Travis Central Health | 0.1180% | $14,162.76 | 5.8% |
| ACT Austin Community College | 0.1034% | $12,408.00 | 5.1% |
| Total | 2.0465% | $245,578.20 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,128,959 | $12,000,000 | +1.1% |
| Assessed Value | $12,128,959 | $12,000,000 | +1.1% |
| Land Value | $1,683,502 | $1,683,502 | +0.0% |
| Improvement Value | $10,445,457 | $10,316,498 | +1.3% |
| Taxable Value | $12,128,959 | $12,000,000 | +1.1% |
| Total Tax 2026 = estimate |
~$248,217
Estimated
|
~$245,578
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $12,128,959 | $1,683,502 | $10,445,457 | — | $12,128,959 | $12,128,959 | Not yet — post-cert | Preliminary |
| 2025 | $12,000,000 | $1,683,502 | $10,316,498 | — | $12,000,000 | $12,000,000 | ~$245,578 | Partial |
| 2024 | $11,944,018 | $1,683,502 | $10,260,516 | — | $11,944,018 | $11,944,018 | $236,708 | Verified |
| 2023 | $15,486,198 | $1,683,502 | $13,802,696 | — | $15,486,198 | $15,486,198 | $250,963 | Verified |
| 2022 | $11,201,634 | $1,683,502 | $9,518,132 | — | $11,201,634 | $11,201,634 | $208,059 | Verified |
| 2021 | $10,808,483 | $1,683,502 | $9,124,981 | — | $10,808,483 | $10,808,483 | $222,659 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | -22.9% | -22.9% | ~100% | No billing data | Verified |
| 2023 | +38.2% | +38.2% | ~100% | No billing data | Verified |
| 2022 | +3.6% | +3.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.1% | +4.1% | +2.3% | +38.2% | 2023 | -22.9% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$245,578 | $232,793 | ~$253,239 | $250,963 | 2023 | $208,059 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$12,411,815 | ~$12,411,815 | ~2.0139% | ~$249,966 | +2.3% |
| 2028 | ~$12,701,267 | ~$12,701,267 | ~1.9814% | ~$251,661 | +4.7% |
| 2029 | ~$12,997,469 | ~$12,997,469 | ~1.9488% | ~$253,300 | +7.2% |
| 2030 | ~$13,300,579 | ~$13,300,579 | ~1.9163% | ~$254,878 | +9.7% |
| 2031 | ~$13,610,758 | ~$13,610,758 | ~1.8837% | ~$256,392 | +12.2% |
| 2027 | ~$12,169,236 | ~$12,169,236 | ~2.0465% | ~$249,042 | +0.3% |
| 2028 | ~$12,209,646 | ~$12,209,646 | ~2.0465% | ~$249,869 | +0.7% |
| 2029 | ~$12,250,190 | ~$12,250,190 | ~2.0465% | ~$250,698 | +1.0% |
| 2030 | ~$12,290,870 | ~$12,290,870 | ~2.0465% | ~$251,531 | +1.3% |
| 2031 | ~$12,331,684 | ~$12,331,684 | ~2.0465% | ~$252,366 | +1.7% |
| 2027 | ~$12,654,394 | ~$12,654,394 | ~1.9977% | ~$252,792 | +4.3% |
| 2028 | ~$13,202,591 | ~$13,202,591 | ~1.9488% | ~$257,297 | +8.9% |
| 2029 | ~$13,774,536 | ~$13,774,536 | ~1.9000% | ~$261,718 | +13.6% |
| 2030 | ~$14,371,259 | ~$14,371,259 | ~1.8512% | ~$266,040 | +18.5% |
| 2031 | ~$14,993,832 | ~$14,993,832 | ~1.8024% | ~$270,245 | +23.6% |
In 2025, this property's market value of $12,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 9× 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 | $12,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $11,944,018 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $15,486,198 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $11,201,634 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $10,808,483 | $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 | — |