12515-4 RESEARCH BLVD TX 78759
| Owner | OPI BND PROPERTIES LLC |
|---|---|
| Parcel ID | 0170030106 |
| Short ID | 458318 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 93,188 SF |
| Land SF | 385,771 SF |
| Acres | 8.856 |
| Year Built | 1998 |
| Legal | LOT 8 RESEARCH PARK SUBD |
| Neighborhood | 66FNOR |
| Land | $4,629,252 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,629,252 |
| Improvement | $21,670,748 |
|---|---|
| Total Improvement | $21,670,748 |
| Market | $26,300,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $26,300,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $26,300,000 |
| Taxable Value | $26,300,000 |
|---|
Appreciation: Market value has risen +52.0% from $17,300,000 (2021) to $26,300,000 (2025), a CAGR of 11.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→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 $529,783. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 18% of market value ($4,629,252 land vs $21,670,748 improvements), about $12/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $26,300,000, 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 +11.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $44,395,894 by 2030, with an estimated annual tax burden around $729,226. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 159,000 SF | ✗ |
| 1ST | 1st Floor | 93,188 SF | ✓ |
| 491 | SPRINKLER HEADS | 93,188 SF | ✗ |
| 881 | COMMCL FINISHOUT | 83,239 SF | ✓ |
| 093 | HVAC COMMRCL SF | 17,412 SF | ✗ |
| 501 | CANOPY | 4,418 SF | ✗ |
| 437 | FENCE MASON LF | 40 SF | ✗ |
| 482 | LIGHT POLES | 8 SF | ✓ |
| 413 | STAIRWAY EXT | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRR Round Rock ISD | 1.1336% | 1.0626% | 0.9190% | 0.8931% | 0.8931% | +0.0000% | $234,885.30 | $234,885.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $137,816.47 | $137,816.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $98,847.24 | $98,847.24 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $31,040.05 | $31,040.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $27,194.20 | $27,194.20 | Paid |
| Combined Rate | 2.2486% | 2.0409% | 1.8687% | 1.9244% | 2.0144% | +0.0900% | $529,783.26 | $529,783.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $24,396,646 | $26,300,000 | -7.2% |
| Assessed Value | $24,396,646 | $26,300,000 | -7.2% |
| Land Value | $4,629,252 | $4,629,252 | +0.0% |
| Improvement Value | $19,767,394 | $21,670,748 | -8.8% |
| Taxable Value | $24,396,646 | $26,300,000 | -7.2% |
| Total Tax 2026 = estimate |
~$491,442
Estimated
|
~$529,783
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $24,396,646 | $24,396,646 | +0 (+0.0%) |
| Taxable Value | $24,396,646 | $24,396,646 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $24,396,646 | $4,629,252 | $19,767,394 | — | $24,396,646 | $24,396,646 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $26,300,000 | $4,629,252 | $21,670,748 | — | $26,300,000 | $26,300,000 | ~$529,783 | Partial |
| 2024 | $28,700,000 | — | — | −$24,070,748 | $4,629,252 | $— | $539,248 | Verified |
| 2023 | $21,900,000 | — | — | −$17,270,748 | $4,629,252 | $— | $503,317 | Verified |
| 2022 | $19,851,840 | — | — | −$15,222,588 | $4,629,252 | $— | $449,914 | Verified |
| 2021 | $17,300,000 | — | — | −$12,670,748 | $4,629,252 | $— | $417,404 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.2% | -7.2% | ~100% | Not available | Partial |
| 2025 | -11.4% | -11.4% | ~100% | Not available | Partial |
| 2024 | +3.4% | +3.4% | ~100% | 1.8200% | Verified |
| 2023 | +15.3% | +15.3% | ~100% | 1.7500% | Verified |
| 2022 | +25.4% | +25.4% | ~100% | 1.8100% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +32.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.2% | +8.1% | +12.8% | +31.1% | 2024 | -8.4% | 2025 |
| Assessment Ratio | 100.0% | 47.9% | — | 100.0% | 2025 | 16.1% | 2024 |
| 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 |
$529,783 | $487,933 | ~$645,591 | $539,248 | 2024 | $417,404 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$29,203,383 | ~$28,930,000 | ~1.9558% | ~$565,823 | +11.0% |
| 2027 | ~$32,427,284 | ~$31,823,000 | ~1.8973% | ~$603,774 | +23.3% |
| 2028 | ~$36,007,087 | ~$35,005,300 | ~1.8387% | ~$643,656 | +36.9% |
| 2029 | ~$39,982,081 | ~$38,505,830 | ~1.7802% | ~$685,477 | +52.0% |
| 2030 | ~$44,395,894 | ~$42,356,413 | ~1.7216% | ~$729,226 | +68.8% |
| 2026 | ~$28,677,383 | ~$28,677,383 | ~2.0144% | ~$577,673 | +9.0% |
| 2027 | ~$31,269,668 | ~$31,269,668 | ~2.0144% | ~$629,892 | +18.9% |
| 2028 | ~$34,096,283 | ~$34,096,283 | ~2.0144% | ~$686,830 | +29.6% |
| 2029 | ~$37,178,409 | ~$37,178,409 | ~2.0144% | ~$748,916 | +41.4% |
| 2030 | ~$40,539,143 | ~$40,539,143 | ~2.0144% | ~$816,614 | +54.1% |
| 2026 | ~$29,729,383 | ~$28,930,000 | ~1.9266% | ~$557,354 | +13.0% |
| 2027 | ~$33,605,939 | ~$31,823,000 | ~1.8387% | ~$585,142 | +27.8% |
| 2028 | ~$37,987,978 | ~$35,005,300 | ~1.7509% | ~$612,914 | +44.4% |
| 2029 | ~$42,941,412 | ~$38,505,830 | ~1.6631% | ~$640,388 | +63.3% |
| 2030 | ~$48,540,748 | ~$42,356,413 | ~1.5753% | ~$667,228 | +84.6% |
In 2025, this property's market value of $26,300,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 19× 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 | $26,300,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $28,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $21,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $19,851,840 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $17,300,000 | $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.