8237 RESEARCH BLVD TX 78758
| Owner | KAPLEE LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0239101302 |
| Short ID | 242733 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,800 SF |
| Land SF | 22,502 SF |
| Acres | 0.517 |
| Year Built | 1973 |
| Legal | LOT B *LESS .119A BARNETT-SCHULTZ ADDN |
| Neighborhood | 48NOR |
| Land | $900,080 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $900,080 |
| Improvement | $331,920 |
|---|---|
| Total Improvement | $331,920 |
| Market | $1,232,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,232,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,232,000 |
| Taxable Value | $1,232,000 |
|---|
Appreciation: Market value has risen +32.4% from $930,300 (2021) to $1,232,000 (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 $25,213. 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 73% of market value ($900,080 land vs $331,920 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 $1,232,000, 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 +7.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,750,231 by 2030, with an estimated annual tax burden around $32,970. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 19,340 SF | ✗ |
| 1ST | 1st Floor | 2,800 SF | ✓ |
| 501 | CANOPY | 680 SF | ✗ |
| SO | Sketch Only | 669 SF | ✗ |
| 541 | FENCE COMM LF | 400 SF | ✗ |
| 327 | STORAGE COMM'L | 360 SF | ✓ |
| 591 | MASONRY TRIM SF | 150 SF | ✗ |
| 437 | FENCE MASON LF | 39 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $11,398.46 | $11,398.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,455.89 | $6,455.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,630.41 | $4,630.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,454.04 | $1,454.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,273.89 | $1,273.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,212.69 | $25,212.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,232,000 | $1,232,000 | +0.0% |
| Assessed Value | $1,232,000 | $1,232,000 | +0.0% |
| Land Value | $900,080 | $900,080 | +0.0% |
| Improvement Value | $331,920 | $331,920 | +0.0% |
| Taxable Value | $1,232,000 | $1,232,000 | +0.0% |
| Total Tax 2026 = estimate |
~$25,213
Estimated
|
~$25,213
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,257,468 | $1,232,000 | -25,468 (-2.0%) |
| Taxable Value | $1,257,468 | $1,232,000 | -25,468 (-2.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,232,000 | $900,080 | $331,920 | — | $1,232,000 | $1,232,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,232,000 | $900,080 | $331,920 | — | $1,232,000 | $1,232,000 | ~$25,213 | Partial |
| 2024 | $1,047,788 | — | — | −$147,708 | $900,080 | $— | $24,918 | Verified |
| 2023 | $949,186 | — | — | −$274,126 | $675,060 | $— | $18,957 | Verified |
| 2022 | $951,637 | — | — | −$276,577 | $675,060 | $— | $18,746 | Verified |
| 2021 | $930,300 | — | — | −$255,240 | $675,060 | $— | $20,714 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | +20.0% | +20.0% | ~100% | 1.9800% | Verified |
| 2023 | +10.4% | +10.4% | ~100% | 1.8100% | Verified |
| 2022 | -0.3% | -0.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.0% | +7.3% | +17.6% | 2025 | -0.3% | 2023 |
| Assessment Ratio | 100.0% | 83.4% | — | 100.0% | 2025 | 70.9% | 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 |
$25,213 | $21,710 | ~$29,717 | $25,213 | 2025 | $18,746 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,321,623 | ~$1,321,623 | ~2.0139% | ~$26,617 | +7.3% |
| 2027 | ~$1,417,766 | ~$1,417,766 | ~1.9814% | ~$28,091 | +15.1% |
| 2028 | ~$1,520,903 | ~$1,520,903 | ~1.9488% | ~$29,640 | +23.4% |
| 2029 | ~$1,631,543 | ~$1,631,543 | ~1.9163% | ~$31,265 | +32.4% |
| 2030 | ~$1,750,231 | ~$1,750,231 | ~1.8837% | ~$32,970 | +42.1% |
| 2026 | ~$1,296,983 | ~$1,296,983 | ~2.0465% | ~$26,543 | +5.3% |
| 2027 | ~$1,365,394 | ~$1,365,394 | ~2.0465% | ~$27,943 | +10.8% |
| 2028 | ~$1,437,413 | ~$1,437,413 | ~2.0465% | ~$29,416 | +16.7% |
| 2029 | ~$1,513,231 | ~$1,513,231 | ~2.0465% | ~$30,968 | +22.8% |
| 2030 | ~$1,593,048 | ~$1,593,048 | ~2.0465% | ~$32,601 | +29.3% |
| 2026 | ~$1,346,263 | ~$1,346,263 | ~1.9977% | ~$26,894 | +9.3% |
| 2027 | ~$1,471,124 | ~$1,471,124 | ~1.9488% | ~$28,670 | +19.4% |
| 2028 | ~$1,607,565 | ~$1,607,565 | ~1.9000% | ~$30,544 | +30.5% |
| 2029 | ~$1,756,660 | ~$1,756,660 | ~1.8512% | ~$32,519 | +42.6% |
| 2030 | ~$1,919,583 | ~$1,919,583 | ~1.8024% | ~$34,598 | +55.8% |
In 2025, this property's market value of $1,232,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -13% 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 | $1,232,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,047,788 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $949,186 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $951,637 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $930,300 | $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.