8500 RESEARCH BLVD BLVD A TX 78757
| Owner | GROUP 1 REALTY INC |
|---|---|
| Parcel ID | 0239100316 |
| Short ID | 784454 |
| Type | Real |
| Use Code | C1 Vacant Lot |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 93,218 SF |
| Acres | 2.140 |
| Year Built | — |
| Legal | LOT 1 BLK A 8500 PIECES OF C & C |
| Neighborhood | 1NC3 |
| Land | $2,656,713 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,656,713 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,575,928 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,575,928 |
| Value Limitation Adjustment (−) (homestead cap) | −$127,928 |
| Net Appraised (assessed) | $2,448,000 |
| Taxable Value | $2,448,000 |
|---|
Appreciation: Market value has risen +115.9% from $1,193,034 (2021) to $2,575,928 (2025), a CAGR of 21.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $50,098. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,448,000) is $127,928 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 103% of market value ($2,656,713 land vs $0 improvements), about $28/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 $2,575,928, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +21.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,741,939 by 2030, with an estimated annual tax burden around $127,001. 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.
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% | $22,150.50 | $22,150.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,545.65 | $12,545.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,998.22 | $8,998.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,825.63 | $2,825.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,475.53 | $2,475.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $48,995.53 | $48,995.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,575,928 | $2,575,928 | +0.0% |
| Assessed Value | $2,575,928 | $2,448,000 | +5.2% |
| Land Value | $2,656,713 | $2,656,713 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $2,575,928 | $2,448,000 | +5.2% |
| Total Tax 2026 = estimate |
~$52,716
Estimated
|
~$48,996
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,656,713 | $2,575,928 | -80,785 (-3.0%) |
| Taxable Value | $2,656,713 | $2,575,928 | -80,785 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,575,928 | $2,656,713 | — | — | $2,575,928 | $2,575,928 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,575,928 | $2,656,713 | — | −$127,928 | $2,448,000 | $2,448,000 | ~$48,996 | Partial |
| 2024 | $— | — | — | — | $2,656,713 | $— | $40,429 | Verified |
| 2023 | $— | — | — | — | $1,992,535 | $— | $31,046 | Verified |
| 2022 | $— | — | — | — | $1,700,000 | $— | $30,759 | Verified |
| 2021 | $1,193,034 | — | — | — | $1,193,034 | $— | $25,969 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.1% | +8.5% | ~100% | Not available | Partial |
| 2025 | -3.0% | +20.0% | 95.0% | Not available | Partial |
| 2024 | +33.3% | +2.4% | 76.8% | 1.5200% | Verified |
| 2023 | +17.2% | +17.2% | ~100% | 1.5600% | Verified |
| 2022 | +42.5% | +42.5% | ~100% | 1.8100% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +115.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +58.0% | +21.2% | +115.9% | 2025 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 98.3% | — | 100.0% | 2021 | 95.0% | 2025 |
| Effective Tax Rate (2025) | 1.9000% | 1.9000% | — | 1.9000% | 2025 | 1.9000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$48,996 | $37,482 | ~$92,176 | $48,996 | 2025 | $25,969 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,122,511 | ~$3,122,511 | ~2.0139% | ~$62,885 | +21.2% |
| 2027 | ~$3,785,072 | ~$3,785,072 | ~1.9814% | ~$74,997 | +46.9% |
| 2028 | ~$4,588,222 | ~$4,588,222 | ~1.9488% | ~$89,417 | +78.1% |
| 2029 | ~$5,561,790 | ~$5,561,790 | ~1.9163% | ~$106,580 | +115.9% |
| 2030 | ~$6,741,939 | ~$6,741,939 | ~1.8837% | ~$127,001 | +161.7% |
| 2026 | ~$3,070,992 | ~$3,070,992 | ~2.0465% | ~$62,847 | +19.2% |
| 2027 | ~$3,661,202 | ~$3,661,202 | ~2.0465% | ~$74,926 | +42.1% |
| 2028 | ~$4,364,844 | ~$4,364,844 | ~2.0465% | ~$89,326 | +69.4% |
| 2029 | ~$5,203,717 | ~$5,203,717 | ~2.0465% | ~$106,493 | +102.0% |
| 2030 | ~$6,203,813 | ~$6,203,813 | ~2.0465% | ~$126,960 | +140.8% |
| 2026 | ~$3,174,029 | ~$3,174,029 | ~1.9977% | ~$63,406 | +23.2% |
| 2027 | ~$3,911,003 | ~$3,911,003 | ~1.9488% | ~$76,219 | +51.8% |
| 2028 | ~$4,819,094 | ~$4,819,094 | ~1.9000% | ~$91,564 | +87.1% |
| 2029 | ~$5,938,033 | ~$5,938,033 | ~1.8512% | ~$109,925 | +130.5% |
| 2030 | ~$7,316,777 | ~$7,316,777 | ~1.8024% | ~$131,875 | +184.0% |
In 2025, this property's market value of $2,575,928 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 30× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,575,928 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $1,193,034 | $6,000 | $14,480 | $80,000 | ↑ 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.