8001 RESEARCH BLVD TX 78758
| Owner | MATTHEWS-BARNES BROTHERS INVESTMENTS LP |
|---|---|
| Parcel ID | 0236120308 |
| Short ID | 239659 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 64,193 SF |
| Land SF | 617,983 SF |
| Acres | 14.187 |
| Year Built | 1976 |
| Legal | LOT 1&2 LESS 1.138AC BEN HUR SUBD |
| Neighborhood | 80NOR |
| Land | $11,123,694 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $11,123,694 |
| Improvement | $3,876,306 |
|---|---|
| Total Improvement | $3,876,306 |
| Market | $15,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $15,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $15,000,000 |
| Taxable Value | $15,000,000 |
|---|
Appreciation: Market value has risen +26.1% from $11,900,000 (2021) to $15,000,000 (2025), a CAGR of 6.0% 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 outpaced 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 $306,973. 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 74% of market value ($11,123,694 land vs $3,876,306 improvements), about $18/SF of land. With value concentrated in the land under a ~50-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 $15,000,000, 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 +6.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,034,183 by 2030, with an estimated annual tax burden around $377,392. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 480,000 SF | ✗ |
| 1ST | 1st Floor | 64,193 SF | ✓ |
| 491 | SPRINKLER HEADS | 14,340 SF | ✗ |
| 501 | CANOPY | 6,394 SF | ✗ |
| 611 | TERRACE | 5,605 SF | ✗ |
| 328 | MEZZ COMM (STG) | 5,100 SF | ✓ |
| 093 | HVAC COMMRCL SF | 3,414 SF | ✗ |
| 408 | LOADING RAMP | 895 SF | ✓ |
| SO | Sketch Only | 702 SF | ✗ |
| 327 | STORAGE COMM'L | 360 SF | ✓ |
| 402 | CARWASH SELF-SERVE | 360 SF | ✓ |
| 881 | COMMCL FINISHOUT | 336 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| MISC | Miscellaneous | 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 |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $138,780.00 | $138,780.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $78,602.55 | $78,602.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $56,376.75 | $56,376.75 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,703.45 | $17,703.45 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,510.00 | $15,510.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $306,972.75 | $306,972.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $17,409,658 | $15,000,000 | +16.1% |
| Assessed Value | $17,409,658 | $15,000,000 | +16.1% |
| Land Value | $11,123,694 | $11,123,694 | +0.0% |
| Improvement Value | $6,285,964 | $3,876,306 | +62.2% |
| Taxable Value | $17,409,658 | $15,000,000 | +16.1% |
| Total Tax 2026 = estimate |
~$356,286
Estimated
|
~$306,973
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,611,972 | $17,409,658 | -3,202,314 (-15.5%) |
| Taxable Value | $20,611,972 | $17,409,658 | -3,202,314 (-15.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $17,409,658 | $11,123,694 | $6,285,964 | — | $17,409,658 | $17,409,658 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $15,000,000 | $11,123,694 | $3,876,306 | — | $15,000,000 | $15,000,000 | ~$306,973 | Partial |
| 2024 | $12,800,000 | — | — | −$1,676,306 | $11,123,694 | $— | $291,327 | Verified |
| 2023 | $12,037,389 | — | — | −$5,085,080 | $6,952,309 | $— | $231,584 | Verified |
| 2022 | $12,100,000 | — | — | −$5,147,691 | $6,952,309 | $— | $237,729 | Verified |
| 2021 | $11,900,000 | — | — | −$4,947,691 | $6,952,309 | $— | $263,378 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +37.4% | +37.4% | ~100% | Not available | Partial |
| 2025 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2024 | +14.8% | +14.8% | ~100% | 1.9800% | Verified |
| 2023 | +6.3% | +6.3% | ~100% | 1.8100% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.1% | +8.2% | +3.0% | +17.2% | 2025 | -0.5% | 2023 |
| Assessment Ratio | 100.0% | 76.8% | — | 100.0% | 2025 | 57.5% | 2022 |
| 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 |
$306,973 | $266,198 | ~$348,249 | $306,973 | 2025 | $231,584 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$15,893,785 | ~$15,893,785 | ~2.0139% | ~$320,091 | +6.0% |
| 2027 | ~$16,840,827 | ~$16,840,827 | ~1.9814% | ~$333,682 | +12.3% |
| 2028 | ~$17,844,299 | ~$17,844,299 | ~1.9488% | ~$347,757 | +19.0% |
| 2029 | ~$18,907,563 | ~$18,907,563 | ~1.9163% | ~$362,324 | +26.1% |
| 2030 | ~$20,034,183 | ~$20,034,183 | ~1.8837% | ~$377,392 | +33.6% |
| 2026 | ~$15,593,785 | ~$15,593,785 | ~2.0465% | ~$319,124 | +4.0% |
| 2027 | ~$16,211,075 | ~$16,211,075 | ~2.0465% | ~$331,757 | +8.1% |
| 2028 | ~$16,852,802 | ~$16,852,802 | ~2.0465% | ~$344,890 | +12.4% |
| 2029 | ~$17,519,931 | ~$17,519,931 | ~2.0465% | ~$358,543 | +16.8% |
| 2030 | ~$18,213,469 | ~$18,213,469 | ~2.0465% | ~$372,736 | +21.4% |
| 2026 | ~$16,193,785 | ~$16,193,785 | ~1.9977% | ~$323,497 | +8.0% |
| 2027 | ~$17,482,578 | ~$17,482,578 | ~1.9488% | ~$340,707 | +16.6% |
| 2028 | ~$18,873,941 | ~$18,873,941 | ~1.9000% | ~$358,608 | +25.8% |
| 2029 | ~$20,376,036 | ~$20,376,036 | ~1.8512% | ~$377,200 | +35.8% |
| 2030 | ~$21,997,676 | ~$21,997,676 | ~1.8024% | ~$396,480 | +46.7% |
In 2025, this property's market value of $15,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 11× 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 | $15,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $12,800,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $12,037,389 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $12,100,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $11,900,000 | $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.