12687 RESEARCH BLVD TX 78613
| Owner | MIASOLI INVESTMENTS LLC |
|---|---|
| Parcel ID | 0168050103 |
| Short ID | 171440 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,544 SF |
| Land SF | 36,126 SF |
| Acres | 0.829 |
| Year Built | 1996 |
| Legal | LOT 5 LESS .187AC BALCONES COMMERCIAL PARK (.066AC TRAVIS CO) |
| Neighborhood | 53FNW |
| Land | $1,083,780 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,083,780 |
| Improvement | $334,354 |
|---|---|
| Total Improvement | $334,354 |
| Market | $1,418,134 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,418,134 |
| Value Limitation Adjustment (−) (homestead cap) | −$997,078 |
| Net Appraised (assessed) | $421,056 |
| Taxable Value | $421,056 |
|---|
Appreciation: Market value has risen +1535.6% from $86,702 (2021) to $1,418,134 (2025), a CAGR of 101.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2024), 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 $8,482. Round Rock ISD is the largest single contributor, at 44.3% of the total 2025 levy.
Assessment Gap: Assessed value ($421,056) is $997,078 below market value, suggesting potential for an upward assessment in future years.
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 76% of market value ($1,083,780 land vs $334,354 improvements), about $30/SF of land. With value concentrated in the land under a ~30-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 $1,418,134, 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 +101.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $46,647,402 by 2030, with an estimated annual tax burden around $803,101. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,544 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% | $3,760.45 | $3,760.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,206.41 | $2,206.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,582.52 | $1,582.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $496.94 | $496.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $435.37 | $435.37 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $8,481.69 | $8,481.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,627,345 | $1,418,134 | +14.8% |
| Assessed Value | $630,267 | $421,056 | +49.7% |
| Land Value | $1,083,780 | $1,083,780 | +0.0% |
| Improvement Value | $543,565 | $334,354 | +62.6% |
| Taxable Value | $630,267 | $421,056 | +49.7% |
| HS Cap Loss | -$997,078 | — | |
| Total Tax 2026 = estimate |
~$12,696
Estimated
|
~$8,482
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,627,345 | $1,627,345 | +0 (+0.0%) |
| Taxable Value | $630,267 | $630,267 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,627,345 | $1,083,780 | $543,565 | −$997,078 | $630,267 | $630,267 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,418,134 | $1,083,780 | $334,354 | −$997,078 | $421,056 | $421,056 | ~$8,482 | Partial |
| 2024 | $1,462,481 | — | — | −$1,375,779 | $86,702 | $— | $7,738 | Verified |
| 2023 | $— | — | — | — | $86,702 | $— | $8,697 | Verified |
| 2022 | $— | — | — | — | $86,702 | $— | $1,770 | Verified |
| 2021 | $86,702 | — | — | — | $86,702 | $— | $1,950 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.8% | +14.8% | ~100% | Not available | Partial |
| 2025 | +1.4% | +252.7% | ~100% | Not available | Partial |
| 2024 | -4.3% | -13.6% | 28.7% | 0.5500% | Verified |
| 2023 | +34.9% | +436.8% | 31.8% | 0.5900% | Verified |
| 2022 | +0.0% | -92.0% | 8.0% | 0.1600% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.8% | +532.9% | +95.9% | +1586.8% | 2024 | -3.0% | 2025 |
| Assessment Ratio | 38.7% | 43.6% | — | 100.0% | 2021 | 5.9% | 2024 |
| Effective Tax Rate (2025) | 0.6000% | 0.6000% | — | 0.6000% | 2025 | 0.6000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,482 | $6,056 | ~$318,541 | $8,482 | 2025 | $1,950 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,851,933 | ~$2,851,933 | ~1.9558% | ~$55,779 | +101.1% |
| 2027 | ~$5,735,369 | ~$5,735,369 | ~1.8973% | ~$108,816 | +304.4% |
| 2028 | ~$11,534,091 | ~$11,534,091 | ~1.8387% | ~$212,082 | +713.3% |
| 2029 | ~$23,195,590 | ~$23,195,590 | ~1.7802% | ~$412,926 | +1535.6% |
| 2030 | ~$46,647,402 | ~$46,647,402 | ~1.7216% | ~$803,101 | +3189.4% |
| 2026 | ~$2,823,570 | ~$2,823,570 | ~2.0144% | ~$56,878 | +99.1% |
| 2027 | ~$5,621,859 | ~$5,621,859 | ~2.0144% | ~$113,246 | +296.4% |
| 2028 | ~$11,193,380 | ~$11,193,380 | ~2.0144% | ~$225,478 | +689.3% |
| 2029 | ~$22,286,537 | ~$22,286,537 | ~2.0144% | ~$448,937 | +1471.5% |
| 2030 | ~$44,373,523 | ~$44,373,523 | ~2.0144% | ~$893,854 | +3029.0% |
| 2026 | ~$2,880,296 | ~$2,880,296 | ~1.9266% | ~$55,491 | +103.1% |
| 2027 | ~$5,850,013 | ~$5,850,013 | ~1.8387% | ~$107,566 | +312.5% |
| 2028 | ~$11,881,647 | ~$11,881,647 | ~1.7509% | ~$208,038 | +737.8% |
| 2029 | ~$24,132,174 | ~$24,132,174 | ~1.6631% | ~$401,341 | +1601.7% |
| 2030 | ~$49,013,559 | ~$49,013,559 | ~1.5753% | ~$772,097 | +3356.2% |
In 2025, this property's market value of $1,418,134 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +0% 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 | $1,418,134 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,462,481 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | — | $667,828 | $1,414,358 | $3,374,900 | — | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
| 2021 | $86,702 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.