11044 RESEARCH BLVD TX 78759
| Owner | TREA 11044 RESEARCH BLVD LLC |
|---|---|
| Parcel ID | 0158010701 |
| Short ID | 156314 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 148,610 SF |
| Land SF | 463,479 SF |
| Acres | 10.640 |
| Year Built | 1984 |
| Legal | LOT 1-2, LOT 3 LESS 1.134A REGISTRY OFFICE PARK, LOT 1-2 BLK 1 STRATUM EXECUTIVE CENTER & LOT 1 BLK 2 STRATUM EXECUTIVE CENTER II |
| Neighborhood | 51FNW |
| Land | $13,904,372 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $13,904,372 |
| Improvement | $27,051,719 |
|---|---|
| Total Improvement | $27,051,719 |
| Market | $40,956,091 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,956,091 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,956,091 |
| Taxable Value | $40,956,091 |
|---|
Appreciation: Market value has fallen -38.1% from $66,182,499 (2021) to $40,956,091 (2025), a CAGR of -11.3% 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 +24.1%, 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 $838,160. 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 34% of market value ($13,904,372 land vs $27,051,719 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $40,956,091, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 -11.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $22,479,553 by 2030, with an estimated annual tax burden around $423,457. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 325,069 SF | ✗ |
| 187 | PARKING GARAGE | 299,384 SF | ✓ |
| 551 | PAVED AREA | 68,500 SF | ✗ |
| 4TH | 4th Floor | 52,558 SF | ✓ |
| 5TH | 5th Floor | 52,558 SF | ✓ |
| 3RD | 3rd Floor | 52,255 SF | ✓ |
| 2ND | 2nd Floor | 48,765 SF | ✓ |
| 1ST | 1st Floor | 47,590 SF | ✓ |
| 501 | CANOPY | 17,602 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 648 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
| 414 | FOUNTAIN OUTDOOR | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $323,820.00 | $323,820.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $183,405.95 | $183,405.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $131,545.75 | $131,545.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $41,308.05 | $41,308.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $36,190.00 | $36,190.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $716,269.75 | $716,269.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $40,205,119 | $40,956,091 | -1.8% |
| Assessed Value | $40,205,119 | $40,956,091 | -1.8% |
| Land Value | $13,904,372 | $13,904,372 | +0.0% |
| Improvement Value | $26,300,747 | $27,051,719 | -2.8% |
| Taxable Value | $40,205,119 | $40,956,091 | -1.8% |
| Total Tax 2026 = estimate |
~$822,792
Estimated
|
~$716,270
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $40,205,119 | $40,205,119 | +0 (+0.0%) |
| Taxable Value | $40,205,119 | $40,205,119 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $40,205,119 | $13,904,372 | $26,300,747 | — | $40,205,119 | $40,205,119 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $40,956,091 | $13,904,372 | $27,051,719 | — | $40,956,091 | $40,956,091 | ~$716,270 | Partial |
| 2024 | $60,223,707 | — | — | −$50,314,061 | $9,909,646 | $— | $763,661 | Verified |
| 2023 | $67,500,000 | — | — | −$61,941,606 | $5,558,394 | $— | $1,089,596 | Verified |
| 2022 | $65,000,000 | — | — | −$59,441,606 | $5,558,394 | $— | $1,334,865 | Verified |
| 2021 | $66,182,499 | — | — | −$57,806,378 | $8,376,121 | $— | $1,420,342 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2025 | -15.4% | -15.4% | ~100% | Not available | Partial |
| 2024 | -19.6% | -19.6% | ~100% | 1.5800% | Verified |
| 2023 | -13.1% | -13.1% | ~100% | 1.8100% | Verified |
| 2022 | -1.3% | -1.3% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -41.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.8% | -8.5% | -11.0% | +3.8% | 2023 | -32.0% | 2025 |
| Assessment Ratio | 100.0% | 41.0% | — | 100.0% | 2025 | 8.2% | 2023 |
| Effective Tax Rate (2025) | 1.7500% | 1.7500% | — | 1.7500% | 2025 | 1.7500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$716,270 | $1,064,947 | ~$567,198 | $1,420,342 | 2021 | $716,270 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$36,325,561 | ~$36,325,561 | ~2.0139% | ~$731,574 | -11.3% |
| 2027 | ~$32,218,563 | ~$32,218,563 | ~1.9814% | ~$638,375 | -21.3% |
| 2028 | ~$28,575,906 | ~$28,575,906 | ~1.9488% | ~$556,899 | -30.2% |
| 2029 | ~$25,345,090 | ~$25,345,090 | ~1.9163% | ~$485,686 | -38.1% |
| 2030 | ~$22,479,553 | ~$22,479,553 | ~1.8837% | ~$423,457 | -45.1% |
| 2026 | ~$38,908,286 | ~$38,908,286 | ~2.0465% | ~$796,252 | -5.0% |
| 2027 | ~$36,962,872 | ~$36,962,872 | ~2.0465% | ~$756,440 | -9.8% |
| 2028 | ~$35,114,729 | ~$35,114,729 | ~2.0465% | ~$718,618 | -14.3% |
| 2029 | ~$33,358,992 | ~$33,358,992 | ~2.0465% | ~$682,687 | -18.5% |
| 2030 | ~$31,691,042 | ~$31,691,042 | ~2.0465% | ~$648,552 | -22.6% |
| 2026 | ~$37,144,683 | ~$37,144,683 | ~1.9977% | ~$742,025 | -9.3% |
| 2027 | ~$33,687,968 | ~$33,687,968 | ~1.9488% | ~$656,524 | -17.7% |
| 2028 | ~$30,552,938 | ~$30,552,938 | ~1.9000% | ~$580,511 | -25.4% |
| 2029 | ~$27,709,656 | ~$27,709,656 | ~1.8512% | ~$512,959 | -32.3% |
| 2030 | ~$25,130,972 | ~$25,130,972 | ~1.8024% | ~$452,953 | -38.6% |
In 2025, this property's market value of $40,956,091 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 29× the county median of $1,417,484. 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 | $40,956,091 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $60,223,707 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $67,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $65,000,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $66,182,499 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.