12574 RESEARCH BLVD TX 78759
| Owner | NCNB TEXAS NATIONAL BANK |
|---|---|
| Parcel ID | 0166050503 |
| Short ID | 167213 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 8,986 SF |
| Land SF | 140,873 SF |
| Acres | 3.234 |
| Year Built | 1980 |
| Legal | ABS 307 SUR 30 GOODE J D ACR 3.234 |
| Neighborhood | 58FNW |
| Land | $4,226,190 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,226,190 |
| Improvement | $1,674,240 |
|---|---|
| Total Improvement | $1,674,240 |
| Market | $5,900,430 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,900,430 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,900,430 |
| Taxable Value | $5,900,430 |
|---|
Appreciation: Market value has risen +41.0% from $4,184,100 (2021) to $5,900,430 (2025), a CAGR of 9.0% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $118,857. 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 72% of market value ($4,226,190 land vs $1,674,240 improvements), about $30/SF of land. With value concentrated in the land under a ~46-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 $5,900,430, 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 +9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,067,460 by 2030, with an estimated annual tax burden around $156,109. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 116,150 SF | ✗ |
| 1ST | 1st Floor | 8,986 SF | ✓ |
| 503 | CANOPY - BANK | 2,320 SF | ✗ |
| 611 | TERRACE | 2,177 SF | ✗ |
| 501 | CANOPY | 361 SF | ✗ |
| 327 | STORAGE COMM'L | 100 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% | $52,696.74 | $52,696.74 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,919.26 | $30,919.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,176.47 | $22,176.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,963.86 | $6,963.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,101.04 | $6,101.04 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $118,857.37 | $118,857.37 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,661,898 | $5,900,430 | +12.9% |
| Assessed Value | $6,661,898 | $5,900,430 | +12.9% |
| Land Value | $4,226,190 | $4,226,190 | +0.0% |
| Improvement Value | $2,435,708 | $1,674,240 | +45.5% |
| Taxable Value | $6,661,898 | $5,900,430 | +12.9% |
| Total Tax 2026 = estimate |
~$134,196
Estimated
|
~$118,857
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,661,898 | $6,661,898 | +0 (+0.0%) |
| Taxable Value | $6,661,898 | $6,661,898 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,661,898 | $4,226,190 | $2,435,708 | — | $6,661,898 | $6,661,898 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,900,430 | $4,226,190 | $1,674,240 | — | $5,900,430 | $5,900,430 | ~$118,857 | Partial |
| 2024 | $4,461,047 | — | — | −$234,857 | $4,226,190 | $— | $105,843 | Verified |
| 2023 | $4,503,114 | — | — | −$1,544,781 | $2,958,333 | $— | $83,366 | Verified |
| 2022 | $4,503,181 | — | — | −$1,544,848 | $2,958,333 | $— | $91,905 | Verified |
| 2021 | $4,184,100 | — | — | −$1,225,767 | $2,958,333 | $— | $101,258 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.9% | +12.9% | ~100% | Not available | Partial |
| 2025 | +7.3% | +7.3% | ~100% | Not available | Partial |
| 2024 | +23.3% | +23.3% | ~100% | 1.9200% | Verified |
| 2023 | -0.9% | -0.9% | ~100% | 1.8700% | Verified |
| 2022 | -0.0% | -0.0% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 2.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.9% | +10.4% | +6.5% | +32.3% | 2025 | -0.9% | 2024 |
| Assessment Ratio | 100.0% | 82.8% | — | 100.0% | 2025 | 65.7% | 2022 |
| 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 |
$118,857 | $100,246 | ~$140,667 | $118,857 | 2025 | $83,366 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,429,898 | ~$6,429,898 | ~1.9558% | ~$125,758 | +9.0% |
| 2027 | ~$7,006,877 | ~$7,006,877 | ~1.8973% | ~$132,941 | +18.8% |
| 2028 | ~$7,635,630 | ~$7,635,630 | ~1.8387% | ~$140,399 | +29.4% |
| 2029 | ~$8,320,804 | ~$8,320,804 | ~1.7802% | ~$148,126 | +41.0% |
| 2030 | ~$9,067,460 | ~$9,067,460 | ~1.7216% | ~$156,109 | +53.7% |
| 2026 | ~$6,311,889 | ~$6,311,889 | ~2.0144% | ~$127,146 | +7.0% |
| 2027 | ~$6,752,041 | ~$6,752,041 | ~2.0144% | ~$136,012 | +14.4% |
| 2028 | ~$7,222,886 | ~$7,222,886 | ~2.0144% | ~$145,497 | +22.4% |
| 2029 | ~$7,726,565 | ~$7,726,565 | ~2.0144% | ~$155,643 | +30.9% |
| 2030 | ~$8,265,367 | ~$8,265,367 | ~2.0144% | ~$166,496 | +40.1% |
| 2026 | ~$6,547,906 | ~$6,490,473 | ~1.9266% | ~$125,043 | +11.0% |
| 2027 | ~$7,266,433 | ~$7,139,520 | ~1.8387% | ~$131,277 | +23.2% |
| 2028 | ~$8,063,806 | ~$7,853,472 | ~1.7509% | ~$137,508 | +36.7% |
| 2029 | ~$8,948,677 | ~$8,638,820 | ~1.6631% | ~$143,672 | +51.7% |
| 2030 | ~$9,930,649 | ~$9,502,702 | ~1.5753% | ~$149,693 | +68.3% |
In 2025, this property's market value of $5,900,430 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,900,430 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,461,047 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,503,114 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,503,181 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,184,100 | $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.