8121 RESEARCH BLVD TX 78758
| Owner | STEINER BROTHER INVESTMENTS LTD |
|---|---|
| Parcel ID | 0236120304 |
| Short ID | 239657 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,456 SF |
| Land SF | 76,535 SF |
| Acres | 1.757 |
| Year Built | 2006 |
| Legal | ABS 789 SUR 57 WALLACE J P ACR 1.7570 |
| Neighborhood | 20NOR |
| Land | $2,472,078 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,472,078 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,183,784 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,183,784 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,183,784 |
| Taxable Value | $2,183,784 |
|---|
Appreciation: Market value has risen +20.3% from $1,816,000 (2021) to $2,183,784 (2025), a CAGR of 4.7% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $44,691. 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 113% of market value ($2,472,078 land vs $0 improvements), about $32/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 $2,183,784, 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 +4.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,749,964 by 2030, with an estimated annual tax burden around $51,802. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 44,790 SF | ✗ |
| 1ST | 1st Floor | 6,456 SF | ✓ |
| 541 | FENCE COMM LF | 1,163 SF | ✗ |
| 611 | TERRACE | 996 SF | ✗ |
| 482 | LIGHT POLES | 7 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% | $20,204.37 | $20,204.37 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,443.40 | $11,443.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,207.64 | $8,207.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,577.37 | $2,577.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,258.03 | $2,258.03 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $44,690.81 | $44,690.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,582,250 | $2,183,784 | +18.2% |
| Assessed Value | $2,582,250 | $2,183,784 | +18.2% |
| Land Value | $2,472,078 | $2,472,078 | +0.0% |
| Improvement Value | $110,172 | — | — |
| Taxable Value | $2,582,250 | $2,183,784 | +18.2% |
| Total Tax 2026 = estimate |
~$52,845
Estimated
|
~$44,691
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,582,250 | $2,582,250 | +0 (+0.0%) |
| Taxable Value | $2,582,250 | $2,582,250 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,582,250 | $2,472,078 | $110,172 | — | $2,582,250 | $2,582,250 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,183,784 | $2,472,078 | — | — | $2,183,784 | $2,183,784 | ~$44,691 | Partial |
| 2024 | $1,884,859 | — | — | — | $2,183,784 ! | $— | $43,279 | Verified |
| 2023 | $1,705,211 | — | — | −$160,162 | $1,545,049 | $— | $34,102 | Verified |
| 2022 | $1,705,211 | — | — | −$160,162 | $1,545,049 | $— | $33,677 | Verified |
| 2021 | $1,816,000 | — | — | −$270,951 | $1,545,049 | $— | $37,117 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +18.2% | +18.2% | ~100% | Not available | Partial |
| 2025 | -18.5% | -3.5% | ~100% | Not available | Partial |
| 2024 | +31.2% | +10.8% | 84.4% | 1.6200% | Verified |
| 2023 | +19.7% | +19.7% | ~100% | 1.6700% | Verified |
| 2022 | -6.5% | -6.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +18.2% | +7.7% | +1.5% | +18.2% | 2026 | -6.1% | 2022 |
| Assessment Ratio | 100.0% | 97.0% | — | 115.9% | 2024 | 85.1% | 2021 |
| 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 |
$44,691 | $38,573 | ~$48,900 | $44,691 | 2025 | $33,677 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,286,826 | ~$2,286,826 | ~2.0139% | ~$46,055 | +4.7% |
| 2027 | ~$2,394,730 | ~$2,394,730 | ~1.9814% | ~$47,449 | +9.7% |
| 2028 | ~$2,507,726 | ~$2,507,726 | ~1.9488% | ~$48,872 | +14.8% |
| 2029 | ~$2,626,053 | ~$2,626,053 | ~1.9163% | ~$50,323 | +20.3% |
| 2030 | ~$2,749,964 | ~$2,749,964 | ~1.8837% | ~$51,802 | +25.9% |
| 2026 | ~$2,243,150 | ~$2,243,150 | ~2.0465% | ~$45,906 | +2.7% |
| 2027 | ~$2,304,131 | ~$2,304,131 | ~2.0465% | ~$47,154 | +5.5% |
| 2028 | ~$2,366,769 | ~$2,366,769 | ~2.0465% | ~$48,436 | +8.4% |
| 2029 | ~$2,431,110 | ~$2,431,110 | ~2.0465% | ~$49,752 | +11.3% |
| 2030 | ~$2,497,200 | ~$2,497,200 | ~2.0465% | ~$51,105 | +14.4% |
| 2026 | ~$2,330,502 | ~$2,330,502 | ~1.9977% | ~$46,556 | +6.7% |
| 2027 | ~$2,487,077 | ~$2,487,077 | ~1.9488% | ~$48,469 | +13.9% |
| 2028 | ~$2,654,171 | ~$2,654,171 | ~1.9000% | ~$50,430 | +21.5% |
| 2029 | ~$2,832,492 | ~$2,832,492 | ~1.8512% | ~$52,435 | +29.7% |
| 2030 | ~$3,022,793 | ~$3,022,793 | ~1.8024% | ~$54,482 | +38.4% |
In 2025, this property's market value of $2,183,784 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +54% 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 | $2,183,784 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,884,859 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,705,211 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,705,211 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,816,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.