11601 RESEARCH BLVD TX 78759
| Owner | PAPPAS RESTAURANTS INC |
|---|---|
| Parcel ID | 0262000501 |
| Short ID | 478317 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 6,984 SF |
| Land SF | 63,510 SF |
| Acres | 1.458 |
| Year Built | 2000 |
| Legal | LOT 3 ALEGRE PARK |
| Neighborhood | 32NWE |
| Land | $1,905,300 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,905,300 |
| Improvement | $1,215,732 |
|---|---|
| Total Improvement | $1,215,732 |
| Market | $3,121,032 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,121,032 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,121,032 |
| Taxable Value | $3,121,032 |
|---|
Appreciation: Market value has risen +13.8% from $2,741,966 (2021) to $3,121,032 (2025), a CAGR of 3.3% 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 $63,871. 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 61% of market value ($1,905,300 land vs $1,215,732 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 $3,121,032, this parcel sits in the upper-middle (50th–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 +4.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $4,171,851 by 2031, with an estimated annual tax burden around $74,448. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 46,912 SF | ✗ |
| 1ST | 1st Floor | 6,984 SF | ✓ |
| 491 | SPRINKLER HEADS | 6,934 SF | ✗ |
| 611 | TERRACE | 1,141 SF | ✗ |
| 327 | STORAGE COMM'L | 126 SF | ✓ |
| 501 | CANOPY | 120 SF | ✗ |
| 541 | FENCE COMM LF | 44 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $18,920.15 | $18,920.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,716.04 | $10,716.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,685.96 | $7,685.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,413.55 | $2,413.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,114.51 | $2,114.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,850.21 | $41,850.21 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $18,920.15 | 45.2% |
| CAT City of Austin | 0.5240% | $10,716.04 | 25.6% |
| TCO Travis County | 0.3758% | $7,685.96 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,413.55 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,114.51 | 5.1% |
| Total | 2.0465% | $41,850.21 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,382,170 | $3,121,032 | +8.4% |
| Assessed Value | $2,453,976 | $3,121,032 | -21.4% |
| Land Value | $1,905,300 | $1,905,300 | +0.0% |
| Improvement Value | $1,476,870 | $1,215,732 | +21.5% |
| Taxable Value | $2,453,976 | $3,121,032 | -21.4% |
| HS Cap Loss | -$928,194 | — | |
| Total Tax 2026 = estimate |
~$50,220
Estimated
|
~$41,850
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,382,170 | $1,905,300 | $1,476,870 | −$928,194 | $2,453,976 | $2,453,976 | Not yet — post-cert | Preliminary |
| 2025 | $3,121,032 | $1,905,300 | $1,215,732 | — | $3,121,032 | $3,121,032 | ~$41,850 | Partial |
| 2024 | $3,068,382 | $1,905,300 | $1,163,082 | — | $3,068,382 | $3,068,382 | $60,810 | Verified |
| 2023 | $3,213,238 | $1,905,300 | $1,307,938 | — | $3,213,238 | $3,213,238 | $50,313 | Verified |
| 2022 | $2,792,655 | $1,905,300 | $887,355 | — | $2,792,655 | $2,792,655 | $55,153 | Verified |
| 2021 | $2,741,966 | $1,905,300 | $836,666 | — | $2,741,966 | $2,741,966 | $59,684 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.4% | -21.4% | 72.6% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -4.5% | -4.5% | ~100% | No billing data | Verified |
| 2023 | +15.1% | +15.1% | ~100% | No billing data | Verified |
| 2022 | +1.8% | +1.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.4% | +4.5% | +4.3% | +15.1% | 2023 | -4.5% | 2024 |
| Assessment Ratio | 72.6% | 95.4% | — | 100.0% | 2021 | 72.6% | 2026 |
| Effective Tax Rate (2025) | 1.3400% | 1.3400% | — | 1.3400% | 2025 | 1.3400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$41,850 | $53,562 | ~$64,030 | $60,810 | 2024 | $41,850 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,527,135 | ~$2,699,374 | ~2.0139% | ~$54,364 | +4.3% |
| 2028 | ~$3,678,314 | ~$2,969,311 | ~1.9814% | ~$58,834 | +8.8% |
| 2029 | ~$3,835,972 | ~$3,266,242 | ~1.9488% | ~$63,654 | +13.4% |
| 2030 | ~$4,000,388 | ~$3,592,866 | ~1.9163% | ~$68,850 | +18.3% |
| 2031 | ~$4,171,851 | ~$3,952,153 | ~1.8837% | ~$74,448 | +23.3% |
| 2027 | ~$3,459,492 | ~$2,699,374 | ~2.0465% | ~$55,242 | +2.3% |
| 2028 | ~$3,538,581 | ~$2,969,311 | ~2.0465% | ~$60,767 | +4.6% |
| 2029 | ~$3,619,479 | ~$3,266,242 | ~2.0465% | ~$66,843 | +7.0% |
| 2030 | ~$3,702,226 | ~$3,592,866 | ~2.0465% | ~$73,527 | +9.5% |
| 2031 | ~$3,786,865 | ~$3,786,865 | ~2.0465% | ~$77,498 | +12.0% |
| 2027 | ~$3,594,779 | ~$2,699,374 | ~1.9977% | ~$53,924 | +6.3% |
| 2028 | ~$3,820,752 | ~$2,969,311 | ~1.9488% | ~$57,867 | +13.0% |
| 2029 | ~$4,060,931 | ~$3,266,242 | ~1.9000% | ~$62,059 | +20.1% |
| 2030 | ~$4,316,207 | ~$3,592,866 | ~1.8512% | ~$66,511 | +27.6% |
| 2031 | ~$4,587,531 | ~$3,952,153 | ~1.8024% | ~$71,232 | +35.6% |
In 2025, this property's market value of $3,121,032 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +126% above 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 | $3,121,032 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $3,068,382 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $3,213,238 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,792,655 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,741,966 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | 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 | — |