8423 RESEARCH BLVD TX 78758
| Owner | LING EAST INVESTMENT LLC |
|---|---|
| Parcel ID | 0239101411 |
| Short ID | 242742 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,194 SF |
| Land SF | 19,309 SF |
| Acres | 0.443 |
| Year Built | 1964 |
| Legal | LOT B *LESS 691SF CHRISTIAN CHARLES ADDN |
| Neighborhood | 20NOR |
| Land | $772,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $772,360 |
| Improvement | $227,064 |
|---|---|
| Total Improvement | $227,064 |
| Market | $999,424 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $999,424 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $999,424 |
| Taxable Value | $999,424 |
|---|
Appreciation: Market value has fallen -3.7% from $1,037,500 (2021) to $999,424 (2025), a CAGR of -0.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $20,453. 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 77% of market value ($772,360 land vs $227,064 improvements), about $40/SF of land. With value concentrated in the land under a ~62-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 $999,424, 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 -0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $953,788 by 2030, with an estimated annual tax burden around $17,967. 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 | 13,140 SF | ✗ |
| 1ST | 1st Floor | 4,194 SF | ✓ |
| 501 | CANOPY | 1,136 SF | ✗ |
| 611 | TERRACE | 438 SF | ✗ |
| 541 | FENCE COMM LF | 329 SF | ✗ |
| 511 | DECK | 152 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% | $9,246.67 | $9,246.67 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,237.15 | $5,237.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,756.29 | $3,756.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,179.55 | $1,179.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,033.40 | $1,033.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,453.06 | $20,453.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,044,892 | $999,424 | +4.5% |
| Assessed Value | $1,044,892 | $999,424 | +4.5% |
| Land Value | $772,360 | $772,360 | +0.0% |
| Improvement Value | $272,532 | $227,064 | +20.0% |
| Taxable Value | $1,044,892 | $999,424 | +4.5% |
| Total Tax 2026 = estimate |
~$21,384
Estimated
|
~$20,453
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,044,892 | $1,044,892 | +0 (+0.0%) |
| Taxable Value | $1,044,892 | $1,044,892 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,044,892 | $772,360 | $272,532 | — | $1,044,892 | $1,044,892 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $999,424 | $772,360 | $227,064 | — | $999,424 | $999,424 | ~$20,453 | Partial |
| 2024 | $1,022,508 | — | — | −$250,148 | $772,360 | $— | $20,284 | Verified |
| 2023 | $944,800 | — | — | −$462,075 | $482,725 | $— | $18,500 | Verified |
| 2022 | $724,850 | — | — | −$242,125 | $482,725 | $— | $18,659 | Verified |
| 2021 | $1,037,500 | — | — | −$554,775 | $482,725 | $— | $15,778 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | -2.4% | -2.4% | ~100% | Not available | Partial |
| 2024 | +0.1% | +0.1% | ~100% | 1.9800% | Verified |
| 2023 | +8.2% | +8.2% | ~100% | 1.8100% | Verified |
| 2022 | +30.3% | +30.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +37.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | +2.1% | -1.8% | +30.3% | 2023 | -30.1% | 2022 |
| Assessment Ratio | 100.0% | 73.3% | — | 100.0% | 2025 | 46.5% | 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 |
$20,453 | $18,735 | ~$18,946 | $20,453 | 2025 | $15,778 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$990,125 | ~$990,125 | ~2.0139% | ~$19,940 | -0.9% |
| 2027 | ~$980,913 | ~$980,913 | ~1.9814% | ~$19,436 | -1.9% |
| 2028 | ~$971,787 | ~$971,787 | ~1.9488% | ~$18,939 | -2.8% |
| 2029 | ~$962,745 | ~$962,745 | ~1.9163% | ~$18,449 | -3.7% |
| 2030 | ~$953,788 | ~$953,788 | ~1.8837% | ~$17,967 | -4.6% |
| 2026 | ~$970,137 | ~$970,137 | ~2.0465% | ~$19,854 | -2.9% |
| 2027 | ~$941,708 | ~$941,708 | ~2.0465% | ~$19,272 | -5.8% |
| 2028 | ~$914,112 | ~$914,112 | ~2.0465% | ~$18,707 | -8.5% |
| 2029 | ~$887,325 | ~$887,325 | ~2.0465% | ~$18,159 | -11.2% |
| 2030 | ~$861,323 | ~$861,323 | ~2.0465% | ~$17,627 | -13.8% |
| 2026 | ~$1,010,114 | ~$1,010,114 | ~1.9977% | ~$20,179 | +1.1% |
| 2027 | ~$1,020,918 | ~$1,020,918 | ~1.9488% | ~$19,896 | +2.2% |
| 2028 | ~$1,031,838 | ~$1,031,838 | ~1.9000% | ~$19,605 | +3.2% |
| 2029 | ~$1,042,874 | ~$1,042,874 | ~1.8512% | ~$19,306 | +4.3% |
| 2030 | ~$1,054,029 | ~$1,054,029 | ~1.8024% | ~$18,998 | +5.5% |
In 2025, this property's market value of $999,424 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -29% 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 | $999,424 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,022,508 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $944,800 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $724,850 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,037,500 | $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.