8629 RESEARCH BLVD TX 78758
| Owner | NCNB TEXAS NATIONAL BANK |
|---|---|
| Parcel ID | 0241100506 |
| Short ID | 246227 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 5,005 SF |
| Land SF | 23,634 SF |
| Acres | 0.543 |
| Year Built | 1979 |
| Legal | LOT 3 * LESS .146 AC OHLEN SQUARE SEC 2 |
| Neighborhood | 58NOR |
| Land | $945,360 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $945,360 |
| Improvement | $1,279,640 |
|---|---|
| Total Improvement | $1,279,640 |
| Market | $2,225,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,225,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,225,000 |
| Taxable Value | $2,225,000 |
|---|
Appreciation: Market value has risen +27.1% from $1,750,700 (2021) to $2,225,000 (2025), a CAGR of 6.2% 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 $45,534. 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 42% of market value ($945,360 land vs $1,279,640 improvements), about $40/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,225,000, 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,002,464 by 2030, with an estimated annual tax burden around $56,559. 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 | 23,000 SF | ✗ |
| 1ST | 1st Floor | 5,005 SF | ✓ |
| 503 | CANOPY - BANK | 720 SF | ✗ |
| 501 | CANOPY | 361 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 21 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% | $20,585.70 | $20,585.70 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,659.38 | $11,659.38 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,362.55 | $8,362.55 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,626.01 | $2,626.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,300.65 | $2,300.65 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $45,534.29 | $45,534.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,379,605 | $2,225,000 | +6.9% |
| Assessed Value | $2,379,605 | $2,225,000 | +6.9% |
| Land Value | $945,360 | $945,360 | +0.0% |
| Improvement Value | $1,434,245 | $1,279,640 | +12.1% |
| Taxable Value | $2,379,605 | $2,225,000 | +6.9% |
| Total Tax 2026 = estimate |
~$48,698
Estimated
|
~$45,534
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,453,201 | $2,379,605 | -73,596 (-3.0%) |
| Taxable Value | $2,453,201 | $2,379,605 | -73,596 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,379,605 | $945,360 | $1,434,245 | — | $2,379,605 | $2,379,605 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,225,000 | $945,360 | $1,279,640 | — | $2,225,000 | $2,225,000 | ~$45,534 | Partial |
| 2024 | $1,785,646 | — | — | −$840,286 | $945,360 | $— | $42,009 | Verified |
| 2023 | $1,650,000 | — | — | −$940,980 | $709,020 | $— | $32,307 | Verified |
| 2022 | $1,779,065 | — | — | −$1,070,045 | $709,020 | $— | $32,586 | Verified |
| 2021 | $1,750,700 | — | — | −$1,041,680 | $709,020 | $— | $38,725 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.3% | +10.3% | ~100% | Not available | Partial |
| 2025 | -5.5% | +3.8% | ~100% | Not available | Partial |
| 2024 | +31.8% | +20.0% | 91.0% | 1.7800% | Verified |
| 2023 | +8.2% | +8.2% | ~100% | 1.8100% | Verified |
| 2022 | -7.3% | -7.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +25.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +6.8% | +4.8% | +24.6% | 2025 | -7.3% | 2023 |
| Assessment Ratio | 100.0% | 62.7% | — | 100.0% | 2025 | 39.9% | 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 |
$45,534 | $38,232 | ~$51,986 | $45,534 | 2025 | $32,307 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,362,433 | ~$2,362,433 | ~2.0139% | ~$47,578 | +6.2% |
| 2027 | ~$2,508,356 | ~$2,508,356 | ~1.9814% | ~$49,700 | +12.7% |
| 2028 | ~$2,663,292 | ~$2,663,292 | ~1.9488% | ~$51,903 | +19.7% |
| 2029 | ~$2,827,797 | ~$2,827,797 | ~1.9163% | ~$54,189 | +27.1% |
| 2030 | ~$3,002,464 | ~$3,002,464 | ~1.8837% | ~$56,559 | +34.9% |
| 2026 | ~$2,317,933 | ~$2,317,933 | ~2.0465% | ~$47,436 | +4.2% |
| 2027 | ~$2,414,749 | ~$2,414,749 | ~2.0465% | ~$49,417 | +8.5% |
| 2028 | ~$2,515,607 | ~$2,515,607 | ~2.0465% | ~$51,482 | +13.1% |
| 2029 | ~$2,620,679 | ~$2,620,679 | ~2.0465% | ~$53,632 | +17.8% |
| 2030 | ~$2,730,139 | ~$2,730,139 | ~2.0465% | ~$55,872 | +22.7% |
| 2026 | ~$2,406,933 | ~$2,406,933 | ~1.9977% | ~$48,082 | +8.2% |
| 2027 | ~$2,603,743 | ~$2,603,743 | ~1.9488% | ~$50,743 | +17.0% |
| 2028 | ~$2,816,646 | ~$2,816,646 | ~1.9000% | ~$53,517 | +26.6% |
| 2029 | ~$3,046,957 | ~$3,046,957 | ~1.8512% | ~$56,405 | +36.9% |
| 2030 | ~$3,296,100 | ~$3,296,100 | ~1.8024% | ~$59,408 | +48.1% |
In 2025, this property's market value of $2,225,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +57% 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 | $2,225,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,785,646 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,650,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,779,065 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,750,700 | $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.