8501 RESEARCH BLVD AUSTIN, TX 78758
| Owner | MCCOYS LAWN EQUIPMENT CENTER INC |
|---|---|
| Parcel ID | 0239101424 |
| Short ID | 242749 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 12,200 SF |
| Land SF | 67,238 SF |
| Acres | 1.544 |
| Year Built | 1963 |
| Legal | LOT A&B *LESS W 7 FT DAYTON PLUMBING ADDN |
| Neighborhood | 20NOR |
| Land | $2,689,520 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,689,520 |
| Improvement | $49,678 |
|---|---|
| Total Improvement | $49,678 |
| Market | $2,739,198 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,739,198 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,739,198 |
| Taxable Value | $2,739,198 |
|---|
Appreciation: Market value has risen +37.7% from $1,989,000 (2021) to $2,739,198 (2025), a CAGR of 8.3% 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 $56,057. 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 98% of market value ($2,689,520 land vs $49,678 improvements), about $40/SF of land. With value concentrated in the land under a ~63-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 $2,739,198, this parcel sits in the upper-middle (50th–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 +8.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,086,573 by 2030, with an estimated annual tax burden around $76,981. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 42,600 SF | ✗ |
| 1ST | 1st Floor | 12,200 SF | ✓ |
| 501 | CANOPY | 2,152 SF | ✗ |
| 611 | TERRACE | 696 SF | ✗ |
| 571C | STORAGE DET COMM | 640 SF | ✓ |
| 541 | FENCE COMM LF | 300 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
Market value changed by 90% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $25,343.06 | $25,343.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,353.86 | $14,353.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,295.14 | $10,295.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,232.88 | $3,232.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,832.33 | $2,832.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $56,057.27 | $56,057.27 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,739,198 | $2,739,198 | +0.0% |
| Assessed Value | $2,739,198 | $2,739,198 | +0.0% |
| Land Value | $2,689,520 | $2,689,520 | +0.0% |
| Improvement Value | $49,678 | $49,678 | +0.0% |
| Taxable Value | $2,739,198 | $2,739,198 | +0.0% |
| Total Tax 2026 = estimate |
~$56,057
Estimated
|
~$56,057
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,739,198 | $2,739,198 | +0 (+0.0%) |
| Taxable Value | $2,739,198 | $2,739,198 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,739,198 | $2,689,520 | $49,678 | — | $2,739,198 | $2,739,198 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,739,198 | $2,689,520 | $49,678 | — | $2,739,198 | $2,739,198 | ~$56,057 | Partial |
| 2024 | $2,000,000 | — | — | — | $2,381,409 ! | $— | $47,195 | Verified |
| 2023 | $1,829,780 | — | — | −$148,830 | $1,680,950 | $— | $36,185 | Verified |
| 2022 | $1,827,219 | — | — | −$146,269 | $1,680,950 | $— | $36,137 | Verified |
| 2021 | $1,989,000 | — | — | −$308,050 | $1,680,950 | $— | $39,773 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -7.8% | +14.1% | ~100% | Not available | Partial |
| 2024 | -14.7% | -31.1% | 80.8% | 1.5900% | Verified |
| 2023 | +90.4% ! | +90.4% | ~100% | 1.0400% | Verified |
| 2022 | -3.1% | -3.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +45.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.7% | +8.3% | +37.0% | 2025 | -8.1% | 2022 |
| Assessment Ratio | 100.0% | 97.9% | — | 119.1% | 2024 | 84.5% | 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 |
$56,057 | $43,069 | ~$68,117 | $56,057 | 2025 | $36,137 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,967,362 | ~$2,967,362 | ~2.0139% | ~$59,761 | +8.3% |
| 2027 | ~$3,214,532 | ~$3,214,532 | ~1.9814% | ~$63,692 | +17.4% |
| 2028 | ~$3,482,290 | ~$3,482,290 | ~1.9488% | ~$67,864 | +27.1% |
| 2029 | ~$3,772,351 | ~$3,772,351 | ~1.9163% | ~$72,289 | +37.7% |
| 2030 | ~$4,086,573 | ~$4,086,573 | ~1.8837% | ~$76,981 | +49.2% |
| 2026 | ~$2,912,578 | ~$2,912,578 | ~2.0465% | ~$59,605 | +6.3% |
| 2027 | ~$3,096,933 | ~$3,096,933 | ~2.0465% | ~$63,378 | +13.1% |
| 2028 | ~$3,292,957 | ~$3,292,957 | ~2.0465% | ~$67,390 | +20.2% |
| 2029 | ~$3,501,388 | ~$3,501,388 | ~2.0465% | ~$71,655 | +27.8% |
| 2030 | ~$3,723,012 | ~$3,723,012 | ~2.0465% | ~$76,191 | +35.9% |
| 2026 | ~$3,022,146 | ~$3,013,118 | ~1.9977% | ~$60,192 | +10.3% |
| 2027 | ~$3,334,322 | ~$3,314,430 | ~1.9488% | ~$64,593 | +21.7% |
| 2028 | ~$3,678,744 | ~$3,645,873 | ~1.9000% | ~$69,272 | +34.3% |
| 2029 | ~$4,058,744 | ~$4,010,460 | ~1.8512% | ~$74,241 | +48.2% |
| 2030 | ~$4,477,996 | ~$4,411,506 | ~1.8024% | ~$79,512 | +63.5% |
In 2025, this property's market value of $2,739,198 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +93% above 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 | $2,739,198 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,829,780 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,827,219 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,989,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.