11617 RESEARCH BLVD TX 78759
| Owner | RSS WFCM2014-LC18-TX MNR LLC |
|---|---|
| Parcel ID | 0262000502 |
| Short ID | 478318 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 46,414 SF |
| Land SF | 149,323 SF |
| Acres | 3.428 |
| Year Built | 2002 |
| Legal | LOT 2 ALEGRE PARK (COMMERCIAL PERSONAL PROPERTY) |
| Neighborhood | 35NW2 |
| Land | $1,493,230 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,493,230 |
| Improvement | $11,706,770 |
|---|---|
| Total Improvement | $11,706,770 |
| Market | $13,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $13,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $13,200,000 |
| Taxable Value | $13,200,000 |
|---|
Appreciation: Market value has fallen -2.8% from $13,580,000 (2021) to $13,200,000 (2025), a CAGR of -0.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $270,136. 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 11% of market value ($1,493,230 land vs $11,706,770 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~24 yrs), and rent roll drive the underwriting.
Submarket Position: At $13,200,000, 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 +0.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $14,402,192 by 2031, with an estimated annual tax burden around $271,300. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 50,000 SF | ✗ |
| 2ND | 2nd Floor | 15,507 SF | ✓ |
| 3RD | 3rd Floor | 15,507 SF | ✓ |
| 4TH | 4th Floor | 15,507 SF | ✓ |
| 5TH | 5th Floor | 15,507 SF | ✓ |
| 1ST | 1st Floor | 15,400 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% | $122,126.40 | $122,126.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $69,170.24 | $69,170.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $49,611.54 | $49,611.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $15,579.04 | $15,579.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $13,648.80 | $13,648.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $270,136.02 | $270,136.02 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $122,126.40 | 45.2% |
| CAT City of Austin | 0.5240% | $69,170.24 | 25.6% |
| TCO Travis County | 0.3758% | $49,611.54 | 18.4% |
| THD Travis Central Health | 0.1180% | $15,579.04 | 5.8% |
| ACT Austin Community College | 0.1034% | $13,648.80 | 5.1% |
| Total | 2.0465% | $270,136.02 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $13,985,055 | $13,200,000 | +5.9% |
| Assessed Value | $13,985,055 | $13,200,000 | +5.9% |
| Land Value | $1,493,230 | $1,493,230 | +0.0% |
| Improvement Value | $12,491,825 | $11,706,770 | +6.7% |
| Taxable Value | $13,985,055 | $13,200,000 | +5.9% |
| Total Tax 2026 = estimate |
~$286,202
Estimated
|
~$270,136
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $13,985,055 | $1,493,230 | $12,491,825 | — | $13,985,055 | $13,985,055 | Not yet — post-cert | Preliminary |
| 2025 | $13,200,000 | $1,493,230 | $11,706,770 | — | $13,200,000 | $13,200,000 | ~$270,136 | Partial |
| 2024 | $15,700,000 | $1,493,230 | $14,206,770 | — | $15,700,000 | $15,700,000 | $292,340 | Verified |
| 2023 | $15,938,000 | $1,493,230 | $14,444,770 | — | $15,938,000 | $15,938,000 | $280,865 | Verified |
| 2022 | $15,450,000 | $1,791,876 | $13,658,124 | — | $15,450,000 | $15,450,000 | $294,806 | Verified |
| 2021 | $13,580,000 | $1,791,876 | $11,788,124 | — | $13,580,000 | $13,580,000 | $281,504 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.9% | +5.9% | ~100% | Not available | Partial |
| 2025 | -15.9% | -15.9% | ~100% | Not available | Partial |
| 2024 | -1.5% | -1.5% | ~100% | No billing data | Verified |
| 2023 | +3.2% | +3.2% | ~100% | No billing data | Verified |
| 2022 | +13.8% | +13.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.9% | +1.1% | +0.6% | +13.8% | 2022 | -15.9% | 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 |
$270,136 | $283,930 | ~$277,350 | $294,806 | 2022 | $270,136 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$14,067,504 | ~$14,067,504 | ~2.0139% | ~$283,311 | +0.6% |
| 2028 | ~$14,150,440 | ~$14,150,440 | ~1.9814% | ~$280,375 | +1.2% |
| 2029 | ~$14,233,864 | ~$14,233,864 | ~1.9488% | ~$277,395 | +1.8% |
| 2030 | ~$14,317,781 | ~$14,317,781 | ~1.9163% | ~$274,370 | +2.4% |
| 2031 | ~$14,402,192 | ~$14,402,192 | ~1.8837% | ~$271,300 | +3.0% |
| 2027 | ~$13,787,803 | ~$13,787,803 | ~2.0465% | ~$282,165 | -1.4% |
| 2028 | ~$13,593,334 | ~$13,593,334 | ~2.0465% | ~$278,186 | -2.8% |
| 2029 | ~$13,401,607 | ~$13,401,607 | ~2.0465% | ~$274,262 | -4.2% |
| 2030 | ~$13,212,585 | ~$13,212,585 | ~2.0465% | ~$270,394 | -5.5% |
| 2031 | ~$13,026,228 | ~$13,026,228 | ~2.0465% | ~$266,580 | -6.9% |
| 2027 | ~$14,347,206 | ~$14,347,206 | ~1.9977% | ~$286,609 | +2.6% |
| 2028 | ~$14,718,734 | ~$14,718,734 | ~1.9488% | ~$286,845 | +5.2% |
| 2029 | ~$15,099,884 | ~$15,099,884 | ~1.9000% | ~$286,900 | +8.0% |
| 2030 | ~$15,490,903 | ~$15,490,903 | ~1.8512% | ~$286,767 | +10.8% |
| 2031 | ~$15,892,049 | ~$15,892,049 | ~1.8024% | ~$286,434 | +13.6% |
In 2025, this property's market value of $13,200,000 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 10× 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 | $13,200,000 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $15,700,000 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $15,938,000 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $15,450,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $13,580,000 | $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 | — |