8200 RESEARCH BLVD TX 78758
| Owner | PARK AT CRESTVIEW DENG LLC |
|---|---|
| Parcel ID | 0237100907 |
| Short ID | 240376 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 224,272 SF |
| Land SF | 572,901 SF |
| Acres | 13.152 |
| Year Built | 1970 |
| Legal | LOT B-4 PHS 2 LAS PLAZAS SEC 2 |
| Neighborhood | 08NC1 |
| Land | $17,187,034 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,187,034 |
| Improvement | $33,515,440 |
|---|---|
| Total Improvement | $33,515,440 |
| Market | $50,702,474 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $50,702,474 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $50,702,474 |
| Taxable Value | $50,702,474 |
|---|
Appreciation: Market value has risen +68.7% from $30,050,000 (2021) to $50,702,474 (2025), a CAGR of 14.0% 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 Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $1,037,619. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 34% of market value ($17,187,034 land vs $33,515,440 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~56 yrs), and rent roll drive the underwriting.
Submarket Position: At $50,702,474, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +14.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $97,501,208 by 2030, with an estimated annual tax burden around $1,538,205. 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.
26 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 390,746 SF | ✗ |
| 551 | PAVED AREA | 138,790 SF | ✗ |
| 1ST | 1st Floor | 129,102 SF | ✓ |
| 2ND | 2nd Floor | 95,170 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 46,962 SF | ✗ |
| 611 | TERRACE | 14,310 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 8,854 SF | ✗ |
| 571C | STORAGE DET COMM | 2,708 SF | ✓ |
| 505 | BALCONY | 2,304 SF | ✓ |
| 601 | POOL COMM'L | 1,976 SF | ✗ |
| 541 | FENCE COMM LF | 1,400 SF | ✗ |
| 511 | DECK | 894 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 432 SF | ✗ |
| MISC | Miscellaneous | 26 SF | ✓ |
| 521 | FIREPLACE | 5 SF | ✓ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 172 | SHOWER STALL AVG | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 269 | OBS RANGE DRP-IN | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 299 | ALL FLAT VALUE | 1 SF | ✓ |
| 316 | HOT TUB FV | 1 SF | ✓ |
| 549 | FENCE COMM FV | 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% | $469,099.29 | $469,099.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $265,689.58 | $265,689.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $190,562.71 | $190,562.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $59,840.58 | $59,840.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $52,426.36 | $52,426.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,037,618.52 | $1,037,618.52 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $45,760,000 | $50,702,474 | -9.7% |
| Assessed Value | $45,760,000 | $50,702,474 | -9.7% |
| Land Value | $17,187,034 | $17,187,034 | +0.0% |
| Improvement Value | $28,572,966 | $33,515,440 | -14.7% |
| Taxable Value | $45,760,000 | $50,702,474 | -9.7% |
| Total Tax 2026 = estimate |
~$936,472
Estimated
|
~$1,037,619
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,654,755 | $45,760,000 | -1,894,755 (-4.0%) |
| Taxable Value | $47,654,755 | $45,760,000 | -1,894,755 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $45,760,000 | $17,187,034 | $28,572,966 | — | $45,760,000 | $45,760,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $50,702,474 | $17,187,034 | $33,515,440 | — | $50,702,474 | $50,702,474 | ~$1,037,619 | Partial |
| 2024 | $33,000,000 | — | — | −$15,812,966 | $17,187,034 | $— | $734,109 | Verified |
| 2023 | $31,870,000 | — | — | −$18,979,725 | $12,890,275 | $— | $579,945 | Verified |
| 2022 | $— | — | — | — | $12,890,275 | $— | $594,323 | Verified |
| 2021 | $30,050,000 | — | — | −$17,159,724 | $12,890,276 | $— | $643,692 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2025 | +36.9% | +36.9% | ~100% | Not available | Partial |
| 2024 | +2.1% | +2.1% | ~100% | 1.9800% | Verified |
| 2023 | +13.8% | +13.8% | ~100% | 1.6000% | Verified |
| 2022 | +2.8% | +2.8% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +63.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.7% | +13.4% | +16.4% | +53.6% | 2025 | -9.7% | 2026 |
| Assessment Ratio | 100.0% | 67.1% | — | 100.0% | 2025 | 40.4% | 2023 |
| 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 |
$1,037,619 | $748,841 | ~$1,322,943 | $1,037,619 | 2025 | $579,945 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$57,786,357 | ~$55,772,721 | ~2.0139% | ~$1,123,227 | +14.0% |
| 2027 | ~$65,859,964 | ~$61,349,994 | ~1.9814% | ~$1,215,581 | +29.9% |
| 2028 | ~$75,061,572 | ~$67,484,993 | ~1.9488% | ~$1,315,174 | +48.0% |
| 2029 | ~$85,548,781 | ~$74,233,492 | ~1.9163% | ~$1,422,530 | +68.7% |
| 2030 | ~$97,501,208 | ~$81,656,841 | ~1.8837% | ~$1,538,205 | +92.3% |
| 2026 | ~$56,772,308 | ~$55,772,721 | ~2.0465% | ~$1,141,380 | +12.0% |
| 2027 | ~$63,568,791 | ~$61,349,994 | ~2.0465% | ~$1,255,518 | +25.4% |
| 2028 | ~$71,178,912 | ~$67,484,993 | ~2.0465% | ~$1,381,070 | +40.4% |
| 2029 | ~$79,700,078 | ~$74,233,492 | ~2.0465% | ~$1,519,177 | +57.2% |
| 2030 | ~$89,241,353 | ~$81,656,841 | ~2.0465% | ~$1,671,095 | +76.0% |
| 2026 | ~$58,800,407 | ~$55,772,721 | ~1.9977% | ~$1,114,151 | +16.0% |
| 2027 | ~$68,191,699 | ~$61,349,994 | ~1.9488% | ~$1,195,613 | +34.5% |
| 2028 | ~$79,082,919 | ~$67,484,993 | ~1.9000% | ~$1,282,226 | +56.0% |
| 2029 | ~$91,713,628 | ~$74,233,492 | ~1.8512% | ~$1,374,206 | +80.9% |
| 2030 | ~$106,361,647 | ~$81,656,841 | ~1.8024% | ~$1,471,759 | +109.8% |
In 2025, this property's market value of $50,702,474 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 98× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $50,702,474 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $33,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $31,870,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | $30,050,000 | $300,453 | $376,850 | $539,896 | ↑ 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.