11570 RESEARCH BLVD TX 78759
| Owner | BROADSTONE RCS TEXAS LLC |
|---|---|
| Parcel ID | 0160010308 |
| Short ID | 360629 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 5,898 SF |
| Land SF | 97,269 SF |
| Acres | 2.233 |
| Year Built | 1994 |
| Legal | LOT 3 BLK A OUTBACK SUBD THE |
| Neighborhood | 32FNW |
| Land | $2,918,070 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,918,070 |
| Improvement | $163,272 |
|---|---|
| Total Improvement | $163,272 |
| Market | $3,081,342 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,081,342 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,081,342 |
| Taxable Value | $3,081,342 |
|---|
Appreciation: Market value has fallen -5.1% from $3,247,676 (2021) to $3,081,342 (2025), a CAGR of -1.3% 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 +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 $63,059. 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 95% of market value ($2,918,070 land vs $163,272 improvements), about $30/SF of land. With value concentrated in the land under a ~32-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,081,342, this parcel sits in the upper-middle (50th–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 -1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,885,353 by 2030, with an estimated annual tax burden around $54,353. 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 | 35,000 SF | ✗ |
| 1ST | 1st Floor | 5,898 SF | ✓ |
| 501 | CANOPY | 5,634 SF | ✗ |
| 611 | TERRACE | 4,794 SF | ✗ |
| 327 | STORAGE COMM'L | 336 SF | ✓ |
| 437 | FENCE MASON LF | 60 SF | ✗ |
| 435 | FENCE IRON LF | 40 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% | $28,508.58 | $28,508.58 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $16,146.76 | $16,146.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,581.07 | $11,581.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,636.69 | $3,636.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,186.11 | $3,186.11 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $63,059.21 | $63,059.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,088,573 | $3,081,342 | +0.2% |
| Assessed Value | $3,088,573 | $3,081,342 | +0.2% |
| Land Value | $2,918,070 | $2,918,070 | +0.0% |
| Improvement Value | $170,503 | $163,272 | +4.4% |
| Taxable Value | $3,088,573 | $3,081,342 | +0.2% |
| Total Tax 2026 = estimate |
~$63,207
Estimated
|
~$63,059
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,088,573 | $3,088,573 | +0 (+0.0%) |
| Taxable Value | $3,088,573 | $3,088,573 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,088,573 | $2,918,070 | $170,503 | — | $3,088,573 | $3,088,573 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,081,342 | $2,918,070 | $163,272 | — | $3,081,342 | $3,081,342 | ~$63,059 | Partial |
| 2024 | $2,918,070 | — | — | — | $2,918,070 | $— | $62,506 | Verified |
| 2023 | $2,862,706 | — | — | — | $2,918,070 ! | $— | $53,172 | Verified |
| 2022 | $3,259,236 | — | — | −$396,530 | $2,862,706 | $— | $56,536 | Verified |
| 2021 | $3,247,676 | — | — | −$329,606 | $2,918,070 | $— | $70,943 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -2.3% | -2.3% | ~100% | Not available | Partial |
| 2024 | -4.4% | -4.4% | ~100% | 1.9800% | Verified |
| 2023 | +15.3% | +15.3% | ~100% | 1.6100% | Verified |
| 2022 | -12.2% | -12.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -5.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | -0.8% | -1.4% | +5.6% | 2025 | -12.2% | 2023 |
| Assessment Ratio | 100.0% | 96.6% | — | 101.9% | 2023 | 87.8% | 2022 |
| 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 |
$63,059 | $61,243 | ~$57,764 | $70,943 | 2021 | $53,172 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,041,107 | ~$3,041,107 | ~2.0139% | ~$61,246 | -1.3% |
| 2027 | ~$3,001,397 | ~$3,001,397 | ~1.9814% | ~$59,469 | -2.6% |
| 2028 | ~$2,962,206 | ~$2,962,206 | ~1.9488% | ~$57,729 | -3.9% |
| 2029 | ~$2,923,527 | ~$2,923,527 | ~1.9163% | ~$56,023 | -5.1% |
| 2030 | ~$2,885,353 | ~$2,885,353 | ~1.8837% | ~$54,353 | -6.4% |
| 2026 | ~$2,979,480 | ~$2,979,480 | ~2.0465% | ~$60,975 | -3.3% |
| 2027 | ~$2,880,986 | ~$2,880,986 | ~2.0465% | ~$58,959 | -6.5% |
| 2028 | ~$2,785,747 | ~$2,785,747 | ~2.0465% | ~$57,010 | -9.6% |
| 2029 | ~$2,693,657 | ~$2,693,657 | ~2.0465% | ~$55,125 | -12.6% |
| 2030 | ~$2,604,611 | ~$2,604,611 | ~2.0465% | ~$53,303 | -15.5% |
| 2026 | ~$3,102,734 | ~$3,102,734 | ~1.9977% | ~$61,982 | +0.7% |
| 2027 | ~$3,124,274 | ~$3,124,274 | ~1.9488% | ~$60,887 | +1.4% |
| 2028 | ~$3,145,964 | ~$3,145,964 | ~1.9000% | ~$59,774 | +2.1% |
| 2029 | ~$3,167,805 | ~$3,167,805 | ~1.8512% | ~$58,642 | +2.8% |
| 2030 | ~$3,189,797 | ~$3,189,797 | ~1.8024% | ~$57,492 | +3.5% |
In 2025, this property's market value of $3,081,342 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +117% above 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 | $3,081,342 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,918,070 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,862,706 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $3,259,236 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,247,676 | $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.