10225 RESEARCH BLVD TX 78759
| Owner | GREAT HILLS RETAIL INC |
|---|---|
| Parcel ID | 0254000116 |
| Short ID | 369370 |
| Type | Real |
| Use Code | 41 Community Shopping Center |
| Valuation | Income |
| Improvement SF | 119,604 SF |
| Land SF | 458,207 SF |
| Acres | 10.519 |
| Year Built | 1995 |
| Legal | LOT 1 BLK A GREAT HILLS STATION |
| Neighborhood | 41NWE |
| Land | $18,328,280 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $18,328,280 |
| Improvement | $8,964,454 |
|---|---|
| Total Improvement | $8,964,454 |
| Market | $27,292,734 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $27,292,734 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $27,292,734 |
| Taxable Value | $27,292,734 |
|---|
Appreciation: Market value has risen +11.0% from $24,587,126 (2021) to $27,292,734 (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 (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 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 $558,542. 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 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 67% of market value ($18,328,280 land vs $8,964,454 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $27,292,734, 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 +3.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $34,948,638 by 2031, with an estimated annual tax burden around $658,342. 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 | 119,604 SF | ✓ |
| SO | Sketch Only | 119,602 SF | ✗ |
| 491 | SPRINKLER HEADS | 119,148 SF | ✗ |
| 551 | PAVED AREA | 18,800 SF | ✗ |
| 501 | CANOPY | 9,457 SF | ✗ |
| 611 | TERRACE | 9,457 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $252,512.37 | $252,512.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $143,018.57 | $143,018.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $102,578.38 | $102,578.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $32,211.70 | $32,211.70 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $28,220.69 | $28,220.69 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $558,541.71 | $558,541.71 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $252,512.37 | 45.2% |
| CAT City of Austin | 0.5240% | $143,018.57 | 25.6% |
| TCO Travis County | 0.3758% | $102,578.38 | 18.4% |
| THD Travis Central Health | 0.1180% | $32,211.70 | 5.8% |
| ACT Austin Community College | 0.1034% | $28,220.69 | 5.1% |
| Total | 2.0465% | $558,541.71 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $29,313,590 | $27,292,734 | +7.4% |
| Assessed Value | $29,313,590 | $27,292,734 | +7.4% |
| Land Value | $18,328,280 | $18,328,280 | +0.0% |
| Improvement Value | $10,985,310 | $8,964,454 | +22.5% |
| Taxable Value | $29,313,590 | $27,292,734 | +7.4% |
| Total Tax 2026 = estimate |
~$599,898
Estimated
|
~$558,542
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $29,313,590 | $18,328,280 | $10,985,310 | — | $29,313,590 | $29,313,590 | Not yet — post-cert | Preliminary |
| 2025 | $27,292,734 | $18,328,280 | $8,964,454 | — | $27,292,734 | $27,292,734 | ~$558,542 | Partial |
| 2024 | $27,988,000 | $18,328,280 | $9,659,720 | — | $27,988,000 | $27,988,000 | $554,670 | Verified |
| 2023 | $25,166,199 | $6,873,105 | $18,293,094 | — | $25,166,199 | $25,166,199 | $455,319 | Verified |
| 2022 | $25,433,292 | $8,018,623 | $17,414,669 | — | $25,433,292 | $25,433,292 | $502,288 | Verified |
| 2021 | $24,587,126 | $6,873,105 | $17,714,021 | — | $24,587,126 | $24,587,126 | $535,183 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.4% | +7.4% | ~100% | Not available | Partial |
| 2025 | -2.5% | -2.5% | ~100% | Not available | Partial |
| 2024 | +11.2% | +11.2% | ~100% | No billing data | Verified |
| 2023 | -1.1% | -1.1% | ~100% | No billing data | Verified |
| 2022 | +3.4% | +3.4% | ~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 | +7.4% | +3.7% | +3.6% | +11.2% | 2024 | -2.5% | 2025 |
| 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 |
$558,542 | $521,200 | ~$634,875 | $558,542 | 2025 | $455,319 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$30,362,761 | ~$30,362,761 | ~2.0139% | ~$611,487 | +3.6% |
| 2028 | ~$31,449,483 | ~$31,449,483 | ~1.9814% | ~$623,136 | +7.3% |
| 2029 | ~$32,575,100 | ~$32,575,100 | ~1.9488% | ~$634,836 | +11.1% |
| 2030 | ~$33,741,004 | ~$33,741,004 | ~1.9163% | ~$646,576 | +15.1% |
| 2031 | ~$34,948,638 | ~$34,948,638 | ~1.8837% | ~$658,342 | +19.2% |
| 2027 | ~$29,776,489 | ~$29,776,489 | ~2.0465% | ~$609,371 | +1.6% |
| 2028 | ~$30,246,698 | ~$30,246,698 | ~2.0465% | ~$618,994 | +3.2% |
| 2029 | ~$30,724,332 | ~$30,724,332 | ~2.0465% | ~$628,769 | +4.8% |
| 2030 | ~$31,209,508 | ~$31,209,508 | ~2.0465% | ~$638,698 | +6.5% |
| 2031 | ~$31,702,346 | ~$31,702,346 | ~2.0465% | ~$648,784 | +8.1% |
| 2027 | ~$30,949,033 | ~$30,949,033 | ~1.9977% | ~$618,257 | +5.6% |
| 2028 | ~$32,675,719 | ~$32,675,719 | ~1.9488% | ~$636,797 | +11.5% |
| 2029 | ~$34,498,739 | ~$34,498,739 | ~1.9000% | ~$655,482 | +17.7% |
| 2030 | ~$36,423,467 | ~$36,423,467 | ~1.8512% | ~$674,269 | +24.3% |
| 2031 | ~$38,455,579 | ~$38,455,579 | ~1.8024% | ~$693,112 | +31.2% |
In 2025, this property's market value of $27,292,734 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 20× 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 | $27,292,734 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $27,988,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $25,166,199 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $25,433,292 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $24,587,126 | $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 | — |