8950 RESEARCH BLVD TX 78758
| Owner | MATTHEWS-BARNES BROTHERS |
|---|---|
| Parcel ID | 0244090201 |
| Short ID | 250025 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 48,042 SF |
| Land SF | 260,445 SF |
| Acres | 5.979 |
| Year Built | 1969 |
| Legal | ABS 217 SUR 15 DAVIS G W ACR 5.9790 |
| Neighborhood | 60NOR |
| Land | $8,334,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,334,240 |
| Improvement | $2,665,760 |
|---|---|
| Total Improvement | $2,665,760 |
| Market | $11,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,000,000 |
| Taxable Value | $11,000,000 |
|---|
Appreciation: Market value has risen +65.4% from $6,650,000 (2021) to $11,000,000 (2025), a CAGR of 13.4% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $225,113. 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 76% of market value ($8,334,240 land vs $2,665,760 improvements), about $32/SF of land. With value concentrated in the land under a ~57-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 $11,000,000, 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 +12.0% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $20,571,315 by 2031, with an estimated annual tax burden around $354,835. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 121,502 SF | ✗ |
| 1ST | 1st Floor | 48,042 SF | ✓ |
| 491 | SPRINKLER HEADS | 40,770 SF | ✗ |
| 501 | CANOPY | 5,111 SF | ✗ |
| 881 | COMMCL FINISHOUT | 2,400 SF | ✓ |
| 611 | TERRACE | 1,596 SF | ✗ |
| 541 | FENCE COMM LF | 936 SF | ✗ |
| 093 | HVAC COMMRCL SF | 400 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% | $101,772.00 | $101,772.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $57,641.87 | $57,641.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,342.95 | $41,342.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,982.53 | $12,982.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,374.00 | $11,374.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $225,113.35 | $225,113.35 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $101,772.00 | 45.2% |
| CAT City of Austin | 0.5240% | $57,641.87 | 25.6% |
| TCO Travis County | 0.3758% | $41,342.95 | 18.4% |
| THD Travis Central Health | 0.1180% | $12,982.53 | 5.8% |
| ACT Austin Community College | 0.1034% | $11,374.00 | 5.1% |
| Total | 2.0465% | $225,113.35 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,696,121 | $11,000,000 | +6.3% |
| Assessed Value | $11,696,121 | $11,000,000 | +6.3% |
| Land Value | $8,334,240 | $8,334,240 | +0.0% |
| Improvement Value | $3,361,881 | $2,665,760 | +26.1% |
| Taxable Value | $11,696,121 | $11,000,000 | +6.3% |
| Total Tax 2026 = estimate |
~$239,359
Estimated
|
~$225,113
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,696,121 | $8,334,240 | $3,361,881 | — | $11,696,121 | $11,696,121 | Not yet — post-cert | Preliminary |
| 2025 | $11,000,000 | $8,334,240 | $2,665,760 | — | $11,000,000 | $11,000,000 | ~$225,113 | Partial |
| 2024 | $8,500,000 | $8,334,240 | $165,760 | — | $8,500,000 | $8,500,000 | $168,454 | Verified |
| 2023 | $7,200,000 | $6,250,680 | $949,320 | — | $7,200,000 | $7,200,000 | $130,266 | Verified |
| 2022 | $7,035,974 | $6,250,680 | $785,294 | — | $7,035,974 | $7,035,974 | $138,955 | Verified |
| 2021 | $6,650,000 | $6,250,680 | $399,320 | — | $6,650,000 | $6,650,000 | $144,749 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2025 | +29.4% | +29.4% | ~100% | Not available | Partial |
| 2024 | +18.1% | +18.1% | ~100% | No billing data | Verified |
| 2023 | +2.3% | +2.3% | ~100% | No billing data | Verified |
| 2022 | +5.8% | +5.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.3% | +12.4% | +12.0% | +29.4% | 2025 | +2.3% | 2023 |
| 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 |
$225,113 | $161,508 | ~$305,178 | $225,113 | 2025 | $130,266 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$13,094,409 | ~$12,865,733 | ~2.0139% | ~$259,108 | +12.0% |
| 2028 | ~$14,659,864 | ~$14,152,306 | ~1.9814% | ~$280,412 | +25.3% |
| 2029 | ~$16,412,471 | ~$15,567,537 | ~1.9488% | ~$303,386 | +40.3% |
| 2030 | ~$18,374,605 | ~$17,124,291 | ~1.9163% | ~$328,151 | +57.1% |
| 2031 | ~$20,571,315 | ~$18,836,720 | ~1.8837% | ~$354,835 | +75.9% |
| 2027 | ~$12,860,486 | ~$12,860,486 | ~2.0465% | ~$263,188 | +10.0% |
| 2028 | ~$14,140,766 | ~$14,140,766 | ~2.0465% | ~$289,389 | +20.9% |
| 2029 | ~$15,548,499 | ~$15,548,499 | ~2.0465% | ~$318,198 | +32.9% |
| 2030 | ~$17,096,374 | ~$17,096,374 | ~2.0465% | ~$349,875 | +46.2% |
| 2031 | ~$18,798,342 | ~$18,798,342 | ~2.0465% | ~$384,705 | +60.7% |
| 2027 | ~$13,328,331 | ~$12,865,733 | ~1.9977% | ~$257,014 | +14.0% |
| 2028 | ~$15,188,319 | ~$14,152,306 | ~1.9488% | ~$275,806 | +29.9% |
| 2029 | ~$17,307,870 | ~$15,567,537 | ~1.9000% | ~$295,786 | +48.0% |
| 2030 | ~$19,723,208 | ~$17,124,291 | ~1.8512% | ~$317,004 | +68.6% |
| 2031 | ~$22,475,609 | ~$18,836,720 | ~1.8024% | ~$339,508 | +92.2% |
In 2025, this property's market value of $11,000,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 8× 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 | $11,000,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,500,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $7,200,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $7,035,974 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $6,650,000 | $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 | — |