8319 RESEARCH BLVD TX 78758
| Owner | WMSC LLC |
|---|---|
| Parcel ID | 0239101018 |
| Short ID | 242720 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,898 SF |
| Land SF | 18,861 SF |
| Acres | 0.433 |
| Year Built | 1973 |
| Legal | LOT 2 LESS 1240 SQ FT CLEARFIELD ADDN |
| Neighborhood | 20NOR |
| Land | $754,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $754,440 |
| Improvement | $67,949 |
|---|---|
| Total Improvement | $67,949 |
| Market | $822,389 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $822,389 |
| Value Limitation Adjustment (−) (homestead cap) | −$216,389 |
| Net Appraised (assessed) | $606,000 |
| Taxable Value | $606,000 |
|---|
Appreciation: Market value has risen +51.7% from $542,134 (2021) to $822,389 (2025), a CAGR of 11.0% 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 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 $12,402. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($606,000) is $216,389 below market value, suggesting potential for an upward assessment in future years.
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 92% of market value ($754,440 land vs $67,949 improvements), about $40/SF of land. With value concentrated in the land under a ~53-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 $822,389, 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 +11.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,384,492 by 2030, with an estimated annual tax burden around $18,385. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,000 SF | ✗ |
| 1ST | 1st Floor | 2,898 SF | ✓ |
| 611 | TERRACE | 935 SF | ✗ |
| 437 | FENCE MASON LF | 76 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% | $5,606.71 | $5,606.71 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,175.54 | $3,175.54 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,277.62 | $2,277.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $715.22 | $715.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $626.60 | $626.60 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,401.69 | $12,401.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $788,414 | $822,389 | -4.1% |
| Assessed Value | $727,200 | $606,000 | +20.0% |
| Land Value | $754,440 | $754,440 | +0.0% |
| Improvement Value | $33,974 | $67,949 | -50.0% |
| Taxable Value | $727,200 | $606,000 | +20.0% |
| HS Cap Loss | -$61,214 | — | |
| Total Tax 2026 = estimate |
~$14,882
Estimated
|
~$12,402
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $788,414 | $788,414 | +0 (+0.0%) |
| Taxable Value | $727,200 | $727,200 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $788,414 | $754,440 | $33,974 | −$61,214 | $727,200 | $727,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $822,389 | $754,440 | $67,949 | −$216,389 | $606,000 | $606,000 | ~$12,402 | Partial |
| 2024 | $472,525 | — | — | — | $505,000 ! | $— | $10,008 | Verified |
| 2023 | $557,609 | — | — | −$86,084 | $471,525 | $— | $8,549 | Verified |
| 2022 | $522,232 | — | — | −$50,707 | $471,525 | $— | $11,012 | Verified |
| 2021 | $542,134 | — | — | −$70,609 | $471,525 | $— | $11,367 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.1% | +20.0% | 92.2% | Not available | Partial |
| 2025 | +0.1% | +6.9% | 73.7% | Not available | Partial |
| 2024 | +52.2% | +5.0% | 69.0% | 1.2200% | Verified |
| 2023 | -3.2% | -3.2% | ~100% | 1.5800% | Verified |
| 2022 | +6.8% | +6.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.1% | +11.5% | +11.9% | +74.0% | 2025 | -15.3% | 2024 |
| Assessment Ratio | 92.2% | 89.1% | — | 106.9% | 2024 | 73.7% | 2025 |
| Effective Tax Rate (2025) | 1.5100% | 1.5100% | — | 1.5100% | 2025 | 1.5100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$12,402 | $10,668 | ~$15,812 | $12,402 | 2025 | $8,549 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$912,683 | ~$666,600 | ~2.0139% | ~$13,425 | +11.0% |
| 2027 | ~$1,012,891 | ~$733,260 | ~1.9814% | ~$14,529 | +23.2% |
| 2028 | ~$1,124,101 | ~$806,586 | ~1.9488% | ~$15,719 | +36.7% |
| 2029 | ~$1,247,521 | ~$887,245 | ~1.9163% | ~$17,002 | +51.7% |
| 2030 | ~$1,384,492 | ~$975,969 | ~1.8837% | ~$18,385 | +68.4% |
| 2026 | ~$896,235 | ~$666,600 | ~2.0465% | ~$13,642 | +9.0% |
| 2027 | ~$976,712 | ~$733,260 | ~2.0465% | ~$15,006 | +18.8% |
| 2028 | ~$1,064,416 | ~$806,586 | ~2.0465% | ~$16,507 | +29.4% |
| 2029 | ~$1,159,995 | ~$887,245 | ~2.0465% | ~$18,157 | +41.1% |
| 2030 | ~$1,264,156 | ~$975,969 | ~2.0465% | ~$19,973 | +53.7% |
| 2026 | ~$929,131 | ~$666,600 | ~1.9977% | ~$13,316 | +13.0% |
| 2027 | ~$1,049,727 | ~$733,260 | ~1.9488% | ~$14,290 | +27.6% |
| 2028 | ~$1,185,976 | ~$806,586 | ~1.9000% | ~$15,325 | +44.2% |
| 2029 | ~$1,339,910 | ~$887,245 | ~1.8512% | ~$16,425 | +62.9% |
| 2030 | ~$1,513,823 | ~$975,969 | ~1.8024% | ~$17,591 | +84.1% |
In 2025, this property's market value of $822,389 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -42% 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 | $822,389 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $472,525 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $557,609 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $522,232 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $542,134 | $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.