8618 RESEARCH BLVD TX 78758
| Owner | MANN SALLIE HOLLIS |
|---|---|
| Parcel ID | 0241100329 |
| Short ID | 246222 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,580 SF |
| Land SF | 19,533 SF |
| Acres | 0.448 |
| Year Built | 1973 |
| Legal | LOT A *LESS 2967SF RESUB #4 OF THE RESUB OF LT 1 RESEARCH BLVD COMMERCIAL AREA |
| Neighborhood | 33CEN |
| Land | $781,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $781,320 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $745,655 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $745,655 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $745,655 |
| Taxable Value | $745,655 |
|---|
Appreciation: Market value has fallen -16.3% from $891,000 (2021) to $745,655 (2025), a CAGR of -4.4% 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 $15,260. 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 105% of market value ($781,320 land vs $0 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 $745,655, 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 -4.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $596,847 by 2030, with an estimated annual tax burden around $11,243. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,693 SF | ✗ |
| 1ST | 1st Floor | 2,580 SF | ✓ |
| SO | Sketch Only | 340 SF | ✗ |
| 611 | TERRACE | 170 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $6,898.80 | $6,898.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,907.36 | $3,907.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,802.51 | $2,802.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $880.04 | $880.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $771.01 | $771.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,259.72 | $15,259.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $745,655 | $745,655 | +0.0% |
| Assessed Value | $745,655 | $745,655 | +0.0% |
| Land Value | $781,320 | $781,320 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $745,655 | $745,655 | +0.0% |
| Total Tax 2026 = estimate |
~$15,260
Estimated
|
~$15,260
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $912,085 | $745,655 | -166,430 (-18.2%) |
| Taxable Value | $894,786 | $745,655 | -149,131 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $745,655 | $781,320 | — | — | $745,655 | $745,655 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $745,655 | $781,320 | — | — | $745,655 | $745,655 | ~$15,260 | Partial |
| 2024 | $872,699 | — | — | −$91,379 | $781,320 | $— | $17,477 | Verified |
| 2023 | $811,587 | — | — | −$323,262 | $488,325 | $— | $15,789 | Verified |
| 2022 | $811,587 | — | — | −$323,262 | $488,325 | $— | $16,028 | Verified |
| 2021 | $891,000 | — | — | −$402,675 | $488,325 | $— | $17,666 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.3% | +20.0% | 98.1% | Not available | Partial |
| 2025 | -15.4% | -15.4% | ~100% | Not available | Partial |
| 2024 | -30.7% | -30.7% | ~100% | 1.9800% | Verified |
| 2023 | +20.7% | +20.7% | ~100% | 1.2400% | Verified |
| 2022 | +30.0% | +30.0% | ~100% | 1.5200% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -8.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -3.2% | -4.4% | +7.5% | 2024 | -14.6% | 2025 |
| Assessment Ratio | 100.0% | 77.5% | — | 100.0% | 2025 | 54.8% | 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 |
$15,260 | $16,444 | ~$12,759 | $17,666 | 2021 | $15,260 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$713,186 | ~$713,186 | ~2.0139% | ~$14,363 | -4.4% |
| 2027 | ~$682,131 | ~$682,131 | ~1.9814% | ~$13,516 | -8.5% |
| 2028 | ~$652,429 | ~$652,429 | ~1.9488% | ~$12,715 | -12.5% |
| 2029 | ~$624,020 | ~$624,020 | ~1.9163% | ~$11,958 | -16.3% |
| 2030 | ~$596,847 | ~$596,847 | ~1.8837% | ~$11,243 | -20.0% |
| 2026 | ~$708,372 | ~$708,372 | ~2.0465% | ~$14,497 | -5.0% |
| 2027 | ~$672,954 | ~$672,954 | ~2.0465% | ~$13,772 | -9.7% |
| 2028 | ~$639,306 | ~$639,306 | ~2.0465% | ~$13,083 | -14.3% |
| 2029 | ~$607,341 | ~$607,341 | ~2.0465% | ~$12,429 | -18.5% |
| 2030 | ~$576,974 | ~$576,974 | ~2.0465% | ~$11,808 | -22.6% |
| 2026 | ~$728,099 | ~$728,099 | ~1.9977% | ~$14,545 | -2.4% |
| 2027 | ~$710,957 | ~$710,957 | ~1.9488% | ~$13,855 | -4.7% |
| 2028 | ~$694,218 | ~$694,218 | ~1.9000% | ~$13,190 | -6.9% |
| 2029 | ~$677,874 | ~$677,874 | ~1.8512% | ~$12,549 | -9.1% |
| 2030 | ~$661,914 | ~$661,914 | ~1.8024% | ~$11,930 | -11.2% |
In 2025, this property's market value of $745,655 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -47% 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 | $745,655 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $872,699 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $811,587 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $811,587 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $891,000 | $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.