11577 RESEARCH BLVD TX 78759
| Owner | PAPPAS RESTAURANTS INC |
|---|---|
| Parcel ID | 0259030308 |
| Short ID | 548341 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 12,564 SF |
| Land SF | 98,619 SF |
| Acres | 2.264 |
| Year Built | 2016 |
| Legal | LOT 4 ALEGRE PARK |
| Neighborhood | 32NWE |
| Land | $2,958,570 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,958,570 |
| Improvement | $2,019,264 |
|---|---|
| Total Improvement | $2,019,264 |
| Market | $4,977,834 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,977,834 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,977,834 |
| Taxable Value | $4,977,834 |
|---|
Appreciation: Market value has risen +18.5% from $4,199,986 (2021) to $4,977,834 (2025), a CAGR of 4.3% over 4 years. This represents moderate, steady growth. 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 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 $101,871. 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 59% of market value ($2,958,570 land vs $2,019,264 improvements), about $30/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $4,977,834, 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 +5.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $6,982,457 by 2031, with an estimated annual tax burden around $131,532. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,000 SF | ✗ |
| 1ST | 1st Floor | 12,564 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% | $44,761.63 | $44,761.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $25,352.20 | $25,352.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,183.57 | $18,183.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,710.01 | $5,710.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,002.54 | $5,002.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $99,009.95 | $99,009.95 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $44,761.63 | 45.2% |
| CAT City of Austin | 0.5240% | $25,352.20 | 25.6% |
| TCO Travis County | 0.3758% | $18,183.57 | 18.4% |
| THD Travis Central Health | 0.1180% | $5,710.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $5,002.54 | 5.1% |
| Total | 2.0465% | $99,009.95 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,415,369 | $4,977,834 | +8.8% |
| Assessed Value | $5,415,369 | $4,977,834 | +8.8% |
| Land Value | $2,958,570 | $2,958,570 | +0.0% |
| Improvement Value | $2,456,799 | $2,019,264 | +21.7% |
| Taxable Value | $5,415,369 | $4,977,834 | +8.8% |
| Total Tax 2026 = estimate |
~$110,825
Estimated
|
~$99,010
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,415,369 | $2,958,570 | $2,456,799 | — | $5,415,369 | $5,415,369 | Not yet — post-cert | Preliminary |
| 2025 | $4,977,834 | $2,958,570 | $2,019,264 | — | $4,977,834 | $4,977,834 | ~$99,010 | Partial |
| 2024 | $4,838,049 | $2,958,570 | $1,879,479 | — | $4,838,049 | $4,838,049 | $95,881 | Verified |
| 2023 | $6,086,301 | $2,958,570 | $3,127,731 | — | $6,086,301 | $6,086,301 | $75,627 | Verified |
| 2022 | $4,477,606 | $2,958,570 | $1,519,036 | — | $4,477,606 | $4,477,606 | $88,429 | Verified |
| 2021 | $4,199,986 | $2,958,570 | $1,241,416 | — | $4,199,986 | $4,199,986 | $91,420 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.8% | +8.8% | ~100% | Not available | Partial |
| 2025 | +2.9% | +2.9% | ~100% | Not available | Partial |
| 2024 | -20.5% | -20.5% | ~100% | No billing data | Verified |
| 2023 | +35.9% | +35.9% | ~100% | No billing data | Verified |
| 2022 | +6.6% | +6.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.8% | +6.7% | +5.2% | +35.9% | 2023 | -20.5% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9900% | 1.9900% | — | 1.9900% | 2025 | 1.9900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$99,010 | $90,073 | ~$123,032 | $99,010 | 2025 | $75,627 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$5,697,759 | ~$5,697,759 | ~2.0139% | ~$114,749 | +5.2% |
| 2028 | ~$5,994,875 | ~$5,994,875 | ~1.9814% | ~$118,782 | +10.7% |
| 2029 | ~$6,307,484 | ~$6,307,484 | ~1.9488% | ~$122,923 | +16.5% |
| 2030 | ~$6,636,395 | ~$6,636,395 | ~1.9163% | ~$127,173 | +22.5% |
| 2031 | ~$6,982,457 | ~$6,982,457 | ~1.8837% | ~$131,532 | +28.9% |
| 2027 | ~$5,589,452 | ~$5,589,452 | ~2.0465% | ~$114,387 | +3.2% |
| 2028 | ~$5,769,131 | ~$5,769,131 | ~2.0465% | ~$118,064 | +6.5% |
| 2029 | ~$5,954,586 | ~$5,954,586 | ~2.0465% | ~$121,860 | +10.0% |
| 2030 | ~$6,146,002 | ~$6,146,002 | ~2.0465% | ~$125,777 | +13.5% |
| 2031 | ~$6,343,572 | ~$6,343,572 | ~2.0465% | ~$129,820 | +17.1% |
| 2027 | ~$5,806,067 | ~$5,806,067 | ~1.9977% | ~$115,986 | +7.2% |
| 2028 | ~$6,224,952 | ~$6,224,952 | ~1.9488% | ~$121,314 | +14.9% |
| 2029 | ~$6,674,057 | ~$6,674,057 | ~1.9000% | ~$126,808 | +23.2% |
| 2030 | ~$7,155,565 | ~$7,155,565 | ~1.8512% | ~$132,463 | +32.1% |
| 2031 | ~$7,671,811 | ~$7,671,811 | ~1.8024% | ~$138,275 | +41.7% |
In 2025, this property's market value of $4,977,834 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 | $4,977,834 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $4,838,049 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,086,301 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,477,606 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,199,986 | $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 | — |