12018 RESEARCH BLVD TX 78759
| Owner | PT RESEARCH LLC |
|---|---|
| Parcel ID | 0164010603 |
| Short ID | 163299 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 980 SF |
| Land SF | 25,940 SF |
| Acres | 0.596 |
| Year Built | 2013 |
| Legal | LOT 17&18 * LESS N 76 FT HIGHLAND OAKS |
| Neighborhood | 33FNW |
| Land | $778,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $778,200 |
| Improvement | $35,850 |
|---|---|
| Total Improvement | $35,850 |
| Market | $814,050 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $814,050 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $814,050 |
| Taxable Value | $814,050 |
|---|
Appreciation: Market value has fallen -20.7% from $1,026,000 (2021) to $814,050 (2025), a CAGR of -5.6% 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 2.0144% in 2025 (+0.0900% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,398. Round Rock ISD is the largest single contributor, at 44.3% 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 96% of market value ($778,200 land vs $35,850 improvements), about $30/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $814,050, this parcel sits in the lower-middle (25th–50th 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 -5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $609,580 by 2030, with an estimated annual tax burden around $10,495. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,000 SF | ✗ |
| 1ST | 1st Floor | 980 SF | ✓ |
| 501 | CANOPY | 229 SF | ✗ |
| 611 | TERRACE | 229 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $7,270.28 | $7,270.28 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,265.76 | $4,265.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,059.57 | $3,059.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $960.77 | $960.77 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $841.73 | $841.73 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $16,398.11 | $16,398.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $816,102 | $814,050 | +0.3% |
| Assessed Value | $816,102 | $814,050 | +0.3% |
| Land Value | $778,200 | $778,200 | +0.0% |
| Improvement Value | $37,902 | $35,850 | +5.7% |
| Taxable Value | $816,102 | $814,050 | +0.3% |
| Total Tax 2026 = estimate |
~$16,439
Estimated
|
~$16,398
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $816,102 | $816,102 | +0 (+0.0%) |
| Taxable Value | $816,102 | $816,102 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $816,102 | $778,200 | $37,902 | — | $816,102 | $816,102 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $814,050 | $778,200 | $35,850 | — | $814,050 | $814,050 | ~$16,398 | Partial |
| 2024 | $925,000 | — | — | −$146,800 | $778,200 | $— | $15,671 | Verified |
| 2023 | $778,200 | — | — | — | $778,200 | $— | $17,286 | Verified |
| 2022 | $1,004,726 | — | — | −$226,526 | $778,200 | $— | $15,882 | Verified |
| 2021 | $1,026,000 | — | — | −$247,800 | $778,200 | $— | $22,592 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | -12.0% | -12.0% | ~100% | 1.9200% | Verified |
| 2023 | +18.9% | +18.9% | ~100% | 1.8700% | Verified |
| 2022 | -22.5% | -22.5% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -19.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | -3.5% | -5.7% | +18.9% | 2024 | -22.5% | 2023 |
| Assessment Ratio | 100.0% | 89.6% | — | 100.0% | 2023 | 75.8% | 2021 |
| Effective Tax Rate (2025) | 2.0100% | 2.0100% | — | 2.0100% | 2025 | 2.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,398 | $17,566 | ~$12,672 | $22,592 | 2021 | $15,671 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$768,293 | ~$768,293 | ~1.9558% | ~$15,027 | -5.6% |
| 2027 | ~$725,108 | ~$725,108 | ~1.8973% | ~$13,757 | -10.9% |
| 2028 | ~$684,351 | ~$684,351 | ~1.8387% | ~$12,583 | -15.9% |
| 2029 | ~$645,884 | ~$645,884 | ~1.7802% | ~$11,498 | -20.7% |
| 2030 | ~$609,580 | ~$609,580 | ~1.7216% | ~$10,495 | -25.1% |
| 2026 | ~$773,348 | ~$773,348 | ~2.0144% | ~$15,578 | -5.0% |
| 2027 | ~$734,680 | ~$734,680 | ~2.0144% | ~$14,799 | -9.8% |
| 2028 | ~$697,946 | ~$697,946 | ~2.0144% | ~$14,059 | -14.3% |
| 2029 | ~$663,049 | ~$663,049 | ~2.0144% | ~$13,356 | -18.5% |
| 2030 | ~$629,896 | ~$629,896 | ~2.0144% | ~$12,689 | -22.6% |
| 2026 | ~$784,574 | ~$784,574 | ~1.9266% | ~$15,115 | -3.6% |
| 2027 | ~$756,166 | ~$756,166 | ~1.8387% | ~$13,904 | -7.1% |
| 2028 | ~$728,786 | ~$728,786 | ~1.7509% | ~$12,760 | -10.5% |
| 2029 | ~$702,397 | ~$702,397 | ~1.6631% | ~$11,682 | -13.7% |
| 2030 | ~$676,964 | ~$676,964 | ~1.5753% | ~$10,664 | -16.8% |
In 2025, this property's market value of $814,050 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% below 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 | $814,050 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $925,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $778,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,004,726 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,026,000 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.