10721 RESEARCH BLVD TX 78759
| Owner | PRESTON EXCHANGE PROPERTY LLC |
|---|---|
| Parcel ID | 0256000502 |
| Short ID | 261451 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 32,586 SF |
| Land SF | 120,138 SF |
| Acres | 2.758 |
| Year Built | 2015 |
| Legal | LOT 1 ARBOR TOWN SQUARE SUBD |
| Neighborhood | 43NWE |
| Land | $3,604,154 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,604,154 |
| Improvement | $11,345,846 |
|---|---|
| Total Improvement | $11,345,846 |
| Market | $14,950,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,950,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,950,000 |
| Taxable Value | $14,950,000 |
|---|
Appreciation: Market value has risen +17.5% from $12,724,000 (2021) to $14,950,000 (2025), a CAGR of 4.1% over 4 years. This represents moderate, steady growth. 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 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 $305,950. 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 24% of market value ($3,604,154 land vs $11,345,846 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $14,950,000, 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 +3.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $18,147,399 by 2031, with an estimated annual tax burden around $341,850. 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 | 21,300 SF | ✗ |
| 1ST | 1st Floor | 19,836 SF | ✓ |
| 2ND | 2nd Floor | 12,750 SF | ✓ |
| 501 | CANOPY | 6,646 SF | ✗ |
| 611 | TERRACE | 6,646 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $134,154.00 | $134,154.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $75,982.47 | $75,982.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $54,497.53 | $54,497.53 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,113.34 | $17,113.34 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $14,993.00 | $14,993.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $296,740.34 | $296,740.34 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $134,154.00 | 45.2% |
| CAT City of Austin | 0.5240% | $75,982.47 | 25.6% |
| TCO Travis County | 0.3758% | $54,497.53 | 18.4% |
| THD Travis Central Health | 0.1180% | $17,113.34 | 5.8% |
| ACT Austin Community College | 0.1034% | $14,993.00 | 5.1% |
| Total | 2.0465% | $296,740.34 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,195,641 | $14,950,000 | +1.6% |
| Assessed Value | $15,195,641 | $14,950,000 | +1.6% |
| Land Value | $3,604,154 | $3,604,154 | +0.0% |
| Improvement Value | $11,591,487 | $11,345,846 | +2.2% |
| Taxable Value | $15,195,641 | $14,950,000 | +1.6% |
| Total Tax 2026 = estimate |
~$310,977
Estimated
|
~$296,740
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $15,195,641 | $3,604,154 | $11,591,487 | — | $15,195,641 | $15,195,641 | Not yet — post-cert | Preliminary |
| 2025 | $14,950,000 | $3,604,154 | $11,345,846 | — | $14,950,000 | $14,950,000 | ~$296,740 | Partial |
| 2024 | $14,700,000 | $3,604,154 | $11,095,846 | — | $14,700,000 | $14,700,000 | $276,283 | Verified |
| 2023 | $14,602,000 | $2,402,770 | $12,199,230 | — | $14,602,000 | $14,602,000 | $252,178 | Verified |
| 2022 | $13,991,000 | $2,402,770 | $11,588,230 | — | $13,991,000 | $13,991,000 | $257,718 | Verified |
| 2021 | $12,724,000 | $1,802,077 | $10,921,923 | — | $12,724,000 | $12,724,000 | $272,320 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | +0.7% | +0.7% | ~100% | No billing data | Verified |
| 2023 | +4.4% | +4.4% | ~100% | No billing data | Verified |
| 2022 | +10.0% | +10.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +3.7% | +3.6% | +10.0% | 2022 | +0.7% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9800% | 1.9800% | — | 1.9800% | 2025 | 1.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$296,740 | $271,048 | ~$329,446 | $296,740 | 2025 | $252,178 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$15,744,834 | ~$15,744,834 | ~2.0139% | ~$317,091 | +3.6% |
| 2028 | ~$16,313,877 | ~$16,313,877 | ~1.9814% | ~$323,241 | +7.4% |
| 2029 | ~$16,903,485 | ~$16,903,485 | ~1.9488% | ~$329,422 | +11.2% |
| 2030 | ~$17,514,402 | ~$17,514,402 | ~1.9163% | ~$335,627 | +15.3% |
| 2031 | ~$18,147,399 | ~$18,147,399 | ~1.8837% | ~$341,850 | +19.4% |
| 2027 | ~$15,440,922 | ~$15,440,922 | ~2.0465% | ~$315,996 | +1.6% |
| 2028 | ~$15,690,161 | ~$15,690,161 | ~2.0465% | ~$321,097 | +3.3% |
| 2029 | ~$15,943,424 | ~$15,943,424 | ~2.0465% | ~$326,280 | +4.9% |
| 2030 | ~$16,200,775 | ~$16,200,775 | ~2.0465% | ~$331,546 | +6.6% |
| 2031 | ~$16,462,280 | ~$16,462,280 | ~2.0465% | ~$336,898 | +8.3% |
| 2027 | ~$16,048,747 | ~$16,048,747 | ~1.9977% | ~$320,600 | +5.6% |
| 2028 | ~$16,949,748 | ~$16,949,748 | ~1.9488% | ~$330,323 | +11.5% |
| 2029 | ~$17,901,333 | ~$17,901,333 | ~1.9000% | ~$340,128 | +17.8% |
| 2030 | ~$18,906,340 | ~$18,906,340 | ~1.8512% | ~$349,993 | +24.4% |
| 2031 | ~$19,967,771 | ~$19,967,771 | ~1.8024% | ~$359,893 | +31.4% |
In 2025, this property's market value of $14,950,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 11× 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 | $14,950,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $14,700,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $14,602,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $13,991,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $12,724,000 | $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 | — |