8538 RESEARCH BLVD TX 78758
| Owner | RESEARCH 8538 LTD |
|---|---|
| Parcel ID | 0239100313 |
| Short ID | 242626 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 567 SF |
| Land SF | 22,269 SF |
| Acres | 0.511 |
| Year Built | 1979 |
| Legal | LOT 1 * LESS .019A WOOTEN ANNEX |
| Neighborhood | 48CEN |
| Land | $890,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $890,760 |
| Improvement | $31,579 |
|---|---|
| Total Improvement | $31,579 |
| Market | $922,339 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $922,339 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $922,339 |
| Taxable Value | $922,339 |
|---|
Appreciation: Market value has risen +28.9% from $715,634 (2021) to $922,339 (2025), a CAGR of 6.5% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $18,876. 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 97% of market value ($890,760 land vs $31,579 improvements), about $40/SF of land. With value concentrated in the land under a ~47-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 $922,339, this parcel sits in the lower-middle (25th–50th 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 +6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,266,602 by 2030, with an estimated annual tax burden around $23,860. 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 | 14,000 SF | ✗ |
| 501 | CANOPY | 1,740 SF | ✗ |
| 1ST | 1st Floor | 567 SF | ✓ |
| 571C | STORAGE DET COMM | 120 SF | ✓ |
| 482 | LIGHT POLES | 4 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% | $8,533.48 | $8,533.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,833.21 | $4,833.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,466.57 | $3,466.57 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,088.57 | $1,088.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $953.70 | $953.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $18,875.53 | $18,875.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $923,086 | $922,339 | +0.1% |
| Assessed Value | $923,086 | $922,339 | +0.1% |
| Land Value | $890,760 | $890,760 | +0.0% |
| Improvement Value | $32,326 | $31,579 | +2.4% |
| Taxable Value | $923,086 | $922,339 | +0.1% |
| Total Tax 2026 = estimate |
~$18,891
Estimated
|
~$18,876
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,133,203 | $923,086 | -210,117 (-18.5%) |
| Taxable Value | $1,106,807 | $923,086 | -183,721 (-16.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $923,086 | $890,760 | $32,326 | — | $923,086 | $923,086 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $922,339 | $890,760 | $31,579 | — | $922,339 | $922,339 | ~$18,876 | Partial |
| 2024 | $845,000 | — | — | — | $890,760 ! | $— | $17,929 | Verified |
| 2023 | $775,000 | — | — | −$106,930 | $668,070 | $— | $15,288 | Verified |
| 2022 | $775,000 | — | — | −$106,930 | $668,070 | $— | $15,306 | Verified |
| 2021 | $715,634 | — | — | −$47,564 | $668,070 | $— | $16,869 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.9% | +20.0% | 97.7% | Not available | Partial |
| 2025 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2024 | +7.1% | +7.1% | ~100% | 1.9800% | Verified |
| 2023 | +1.7% | +1.7% | ~100% | 1.8100% | Verified |
| 2022 | +0.2% | +0.2% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.3600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +5.3% | +6.5% | +9.2% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 95.2% | — | 105.4% | 2024 | 86.2% | 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 |
$18,876 | $16,853 | ~$21,784 | $18,876 | 2025 | $15,288 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$982,744 | ~$982,744 | ~2.0139% | ~$19,792 | +6.5% |
| 2027 | ~$1,047,105 | ~$1,047,105 | ~1.9814% | ~$20,747 | +13.5% |
| 2028 | ~$1,115,682 | ~$1,115,682 | ~1.9488% | ~$21,743 | +21.0% |
| 2029 | ~$1,188,749 | ~$1,188,749 | ~1.9163% | ~$22,780 | +28.9% |
| 2030 | ~$1,266,602 | ~$1,266,602 | ~1.8837% | ~$23,860 | +37.3% |
| 2026 | ~$964,297 | ~$964,297 | ~2.0465% | ~$19,734 | +4.5% |
| 2027 | ~$1,008,165 | ~$1,008,165 | ~2.0465% | ~$20,632 | +9.3% |
| 2028 | ~$1,054,027 | ~$1,054,027 | ~2.0465% | ~$21,571 | +14.3% |
| 2029 | ~$1,101,976 | ~$1,101,976 | ~2.0465% | ~$22,552 | +19.5% |
| 2030 | ~$1,152,107 | ~$1,152,107 | ~2.0465% | ~$23,578 | +24.9% |
| 2026 | ~$1,001,191 | ~$1,001,191 | ~1.9977% | ~$20,000 | +8.5% |
| 2027 | ~$1,086,784 | ~$1,086,784 | ~1.9488% | ~$21,180 | +17.8% |
| 2028 | ~$1,179,695 | ~$1,179,695 | ~1.9000% | ~$22,414 | +27.9% |
| 2029 | ~$1,280,548 | ~$1,280,548 | ~1.8512% | ~$23,705 | +38.8% |
| 2030 | ~$1,390,024 | ~$1,390,024 | ~1.8024% | ~$25,053 | +50.7% |
In 2025, this property's market value of $922,339 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -35% below 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 | $922,339 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $845,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $775,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $775,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $715,634 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.