8400 RESEARCH BLVD TX 78758
| Owner | GROUP 1 REALTY INC |
|---|---|
| Parcel ID | 0239100418 |
| Short ID | 242645 |
| Type | Real |
| Use Code | 80 Auto Dealership |
| Valuation | Income |
| Improvement SF | 100,122 SF |
| Land SF | 484,735 SF |
| Acres | 11.128 |
| Year Built | 1976 |
| Legal | LOT 1 BLK A MAUND ADDN 2 |
| Neighborhood | 80NOR |
| Land | $14,542,050 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $14,542,050 |
| Improvement | $5,857,950 |
|---|---|
| Total Improvement | $5,857,950 |
| Market | $20,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $20,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $20,400,000 |
| Taxable Value | $20,400,000 |
|---|
Appreciation: Market value has risen +32.5% from $15,401,627 (2021) to $20,400,000 (2025), a CAGR of 7.3% over 4 years. This represents moderate, steady growth. 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 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 $417,483. 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 71% of market value ($14,542,050 land vs $5,857,950 improvements), about $30/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 $20,400,000, 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 +7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $28,987,424 by 2030, with an estimated annual tax burden around $546,048. 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.
12 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 161,813 SF | ✗ |
| SO | Sketch Only | 101,606 SF | ✗ |
| 1ST | 1st Floor | 100,122 SF | ✓ |
| 501 | CANOPY | 10,272 SF | ✗ |
| 328 | MEZZ COMM (STG) | 8,179 SF | ✓ |
| 611 | TERRACE | 8,161 SF | ✗ |
| 541 | FENCE COMM LF | 1,544 SF | ✗ |
| 403 | CARWASH DRIVE-THRU | 750 SF | ✓ |
| 327 | STORAGE COMM'L | 168 SF | ✓ |
| 482 | LIGHT POLES | 24 SF | ✓ |
| 521 | FIREPLACE | 1 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% | $175,420.34 | $175,420.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $99,355.00 | $99,355.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $71,261.20 | $71,261.20 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $22,377.47 | $22,377.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $19,604.91 | $19,604.91 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $388,018.92 | $388,018.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $20,727,684 | $20,400,000 | +1.6% |
| Assessed Value | $20,727,684 | $20,400,000 | +1.6% |
| Land Value | $14,490,300 | $14,542,050 | -0.4% |
| Improvement Value | $6,237,384 | $5,857,950 | +6.5% |
| Taxable Value | $20,727,684 | $20,400,000 | +1.6% |
| Total Tax 2026 = estimate |
~$424,189
Estimated
|
~$388,019
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $20,727,684 | $20,727,684 | +0 (+0.0%) |
| Taxable Value | $20,727,684 | $20,727,684 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $20,727,684 | $14,490,300 | $6,237,384 | — | $20,727,684 | $20,727,684 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $20,400,000 | $14,542,050 | $5,857,950 | — | $20,400,000 | $20,400,000 | ~$388,019 | Partial |
| 2024 | $16,000,000 | — | — | −$1,457,950 | $14,542,050 | $— | $358,753 | Verified |
| 2023 | $15,300,000 | — | — | −$4,393,462 | $10,906,538 | $— | $291,599 | Verified |
| 2022 | $14,842,000 | — | — | −$3,935,462 | $10,906,538 | $— | $303,348 | Verified |
| 2021 | $15,401,627 | — | — | −$4,495,089 | $10,906,538 | $— | $309,761 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2025 | +2.0% | +2.0% | ~100% | Not available | Partial |
| 2024 | +10.2% | +10.2% | ~100% | 1.7900% | Verified |
| 2023 | +10.0% | +10.0% | ~100% | 1.6100% | Verified |
| 2022 | +11.2% | +11.2% | ~100% | 1.8400% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.6% | +6.6% | +6.9% | +27.5% | 2025 | -3.6% | 2022 |
| Assessment Ratio | 100.0% | 84.4% | — | 100.0% | 2025 | 70.8% | 2021 |
| 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 |
$388,019 | $330,296 | ~$492,127 | $388,019 | 2025 | $291,599 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$21,884,975 | ~$21,884,975 | ~2.0139% | ~$440,749 | +7.3% |
| 2027 | ~$23,478,046 | ~$23,478,046 | ~1.9814% | ~$465,191 | +15.1% |
| 2028 | ~$25,187,081 | ~$25,187,081 | ~1.9488% | ~$490,856 | +23.5% |
| 2029 | ~$27,020,522 | ~$27,020,522 | ~1.9163% | ~$517,792 | +32.5% |
| 2030 | ~$28,987,424 | ~$28,987,424 | ~1.8837% | ~$546,048 | +42.1% |
| 2026 | ~$21,476,975 | ~$21,476,975 | ~2.0465% | ~$439,523 | +5.3% |
| 2027 | ~$22,610,807 | ~$22,610,807 | ~2.0465% | ~$462,727 | +10.8% |
| 2028 | ~$23,804,497 | ~$23,804,497 | ~2.0465% | ~$487,155 | +16.7% |
| 2029 | ~$25,061,206 | ~$25,061,206 | ~2.0465% | ~$512,874 | +22.8% |
| 2030 | ~$26,384,259 | ~$26,384,259 | ~2.0465% | ~$539,950 | +29.3% |
| 2026 | ~$22,292,975 | ~$22,292,975 | ~1.9977% | ~$445,338 | +9.3% |
| 2027 | ~$24,361,605 | ~$24,361,605 | ~1.9488% | ~$474,769 | +19.4% |
| 2028 | ~$26,622,189 | ~$26,622,189 | ~1.9000% | ~$505,826 | +30.5% |
| 2029 | ~$29,092,539 | ~$29,092,539 | ~1.8512% | ~$538,559 | +42.6% |
| 2030 | ~$31,792,120 | ~$31,792,120 | ~1.8024% | ~$573,012 | +55.8% |
In 2025, this property's market value of $20,400,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 14× 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 | $20,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $16,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $15,300,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $14,842,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $15,401,627 | $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.