8401 RESEARCH BLVD TX 78758
| Owner | HILL COUNTRY CONSORTIUM INC |
|---|---|
| Parcel ID | 0239101403 |
| Short ID | 242739 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,794 SF |
| Land SF | 20,654 SF |
| Acres | 0.474 |
| Year Built | 2001 |
| Legal | LOT A * LESS .025A DISMUKES & GLASS ADDN |
| Neighborhood | 30NOR |
| Land | $826,160 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $826,160 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $826,040 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $826,040 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $826,040 |
| Taxable Value | $826,040 |
|---|
Appreciation: Market value has fallen -12.0% from $938,503 (2021) to $826,040 (2025), a CAGR of -3.1% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $16,905. 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 100% of market value ($826,160 land vs $0 improvements), about $40/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 $826,040, 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 -3.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $704,219 by 2030, with an estimated annual tax burden around $13,266. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 10,030 SF | ✗ |
| 1ST | 1st Floor | 5,794 SF | ✓ |
| 491 | SPRINKLER HEADS | 5,794 SF | ✗ |
| 501 | CANOPY | 2,210 SF | ✗ |
| 611 | TERRACE | 2,210 SF | ✗ |
| 591 | MASONRY TRIM SF | 600 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% | $7,642.52 | $7,642.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,328.59 | $4,328.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,104.63 | $3,104.63 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $974.92 | $974.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $854.13 | $854.13 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,904.79 | $16,904.79 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $826,040 | $826,040 | +0.0% |
| Assessed Value | $826,040 | $826,040 | +0.0% |
| Land Value | $826,160 | $826,160 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $826,040 | $826,040 | +0.0% |
| Total Tax 2026 = estimate |
~$16,905
Estimated
|
~$16,905
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $826,040 | $826,040 | +0 (+0.0%) |
| Taxable Value | $826,040 | $826,040 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $826,040 | $826,160 | — | — | $826,040 | $826,040 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $826,040 | $826,160 | — | — | $826,040 | $826,040 | ~$16,905 | Partial |
| 2024 | $956,917 | — | — | −$130,877 | $826,040 | $— | $16,371 | Verified |
| 2023 | $911,000 | — | — | −$291,380 | $619,620 | $— | $17,313 | Verified |
| 2022 | $892,041 | — | — | −$272,421 | $619,620 | $— | $17,992 | Verified |
| 2021 | $938,503 | — | — | −$318,883 | $619,620 | $— | $19,417 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -13.7% | -13.7% | ~100% | 1.9800% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.8100% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9500% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -7.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -2.3% | -3.1% | +5.0% | 2024 | -13.7% | 2025 |
| Assessment Ratio | 100.0% | 81.6% | — | 100.0% | 2025 | 66.0% | 2021 |
| 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 |
$16,905 | $17,599 | ~$14,659 | $19,417 | 2021 | $16,371 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$800,097 | ~$800,097 | ~2.0139% | ~$16,113 | -3.1% |
| 2027 | ~$774,968 | ~$774,968 | ~1.9814% | ~$15,355 | -6.2% |
| 2028 | ~$750,629 | ~$750,629 | ~1.9488% | ~$14,629 | -9.1% |
| 2029 | ~$727,054 | ~$727,054 | ~1.9163% | ~$13,932 | -12.0% |
| 2030 | ~$704,219 | ~$704,219 | ~1.8837% | ~$13,266 | -14.7% |
| 2026 | ~$784,738 | ~$784,738 | ~2.0465% | ~$16,060 | -5.0% |
| 2027 | ~$745,501 | ~$745,501 | ~2.0465% | ~$15,257 | -9.8% |
| 2028 | ~$708,226 | ~$708,226 | ~2.0465% | ~$14,494 | -14.3% |
| 2029 | ~$672,815 | ~$672,815 | ~2.0465% | ~$13,769 | -18.5% |
| 2030 | ~$639,174 | ~$639,174 | ~2.0465% | ~$13,081 | -22.6% |
| 2026 | ~$816,617 | ~$816,617 | ~1.9977% | ~$16,313 | -1.1% |
| 2027 | ~$807,302 | ~$807,302 | ~1.9488% | ~$15,733 | -2.3% |
| 2028 | ~$798,093 | ~$798,093 | ~1.9000% | ~$15,164 | -3.4% |
| 2029 | ~$788,990 | ~$788,990 | ~1.8512% | ~$14,606 | -4.5% |
| 2030 | ~$779,990 | ~$779,990 | ~1.8024% | ~$14,058 | -5.6% |
In 2025, this property's market value of $826,040 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 | $826,040 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $956,917 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $911,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $892,041 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $938,503 | $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.