8645 RESEARCH BLVD AUSTIN, TX 78758
| Owner | LONG REAL ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0241100914 |
| Short ID | 246251 |
| Type | Real |
| Use Code | 10 Manufactured Commercial Bldg |
| Valuation | Cost |
| Improvement SF | 560 SF |
| Land SF | 19,530 SF |
| Acres | 0.448 |
| Year Built | 2017 |
| Legal | LOT 3 BLK A 1ST RESUB OF LESS 6651SF WOOTEN VILLAGE SEC 8 |
| Neighborhood | 1NO1 |
| Land | $781,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $781,200 |
| Improvement | $4,156 |
|---|---|
| Total Improvement | $4,156 |
| Market | $785,356 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $785,356 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $785,356 |
| Taxable Value | $785,356 |
|---|
Appreciation: Market value has risen +34.0% from $585,900 (2021) to $785,356 (2025), a CAGR of 7.6% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $16,072. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 99% of market value ($781,200 land vs $4,156 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 $785,356, 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 +7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,132,714 by 2030, with an estimated annual tax burden around $21,337. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,778 SF | ✗ |
| 1ST | 1st Floor | 560 SF | ✓ |
| 093 | HVAC COMMRCL SF | 560 SF | ✗ |
| 501 | CANOPY | 64 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% | $7,266.11 | $7,266.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,115.40 | $4,115.40 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,951.72 | $2,951.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $926.90 | $926.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $812.06 | $812.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,072.19 | $16,072.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $785,356 | $785,356 | +0.0% |
| Assessed Value | $785,356 | $785,356 | +0.0% |
| Land Value | $781,200 | $781,200 | +0.0% |
| Improvement Value | $4,156 | $4,156 | +0.0% |
| Taxable Value | $785,356 | $785,356 | +0.0% |
| Total Tax 2026 = estimate |
~$16,072
Estimated
|
~$16,072
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $864,319 | $785,356 | -78,963 (-9.1%) |
| Taxable Value | $864,319 | $785,356 | -78,963 (-9.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $785,356 | $781,200 | $4,156 | — | $785,356 | $785,356 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $785,356 | $781,200 | $4,156 | — | $785,356 | $785,356 | ~$16,072 | Partial |
| 2024 | $671,820 | — | — | — | $700,000 ! | $— | $13,873 | Verified |
| 2023 | $586,900 | — | — | −$1,000 | $585,900 | $— | $12,155 | Verified |
| 2022 | $585,900 | — | — | — | $585,900 | $— | $11,591 | Verified |
| 2021 | $585,900 | — | — | — | $585,900 | $— | $12,753 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | +12.2% | +12.2% | ~100% | Not available | Partial |
| 2024 | +4.2% | +4.2% | ~100% | 1.9800% | Verified |
| 2023 | +1.8% | +1.8% | ~100% | 1.8100% | Verified |
| 2022 | +12.6% | +12.6% | ~100% | 1.7600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +34.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +6.3% | +7.6% | +16.9% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 100.7% | — | 104.2% | 2024 | 99.8% | 2023 |
| 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 |
$16,072 | $13,289 | ~$19,122 | $16,072 | 2025 | $11,591 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$845,040 | ~$845,040 | ~2.0139% | ~$17,019 | +7.6% |
| 2027 | ~$909,260 | ~$909,260 | ~1.9814% | ~$18,016 | +15.8% |
| 2028 | ~$978,360 | ~$978,360 | ~1.9488% | ~$19,067 | +24.6% |
| 2029 | ~$1,052,712 | ~$1,052,712 | ~1.9163% | ~$20,173 | +34.0% |
| 2030 | ~$1,132,714 | ~$1,132,714 | ~1.8837% | ~$21,337 | +44.2% |
| 2026 | ~$829,333 | ~$829,333 | ~2.0465% | ~$16,972 | +5.6% |
| 2027 | ~$875,773 | ~$875,773 | ~2.0465% | ~$17,923 | +11.5% |
| 2028 | ~$924,813 | ~$924,813 | ~2.0465% | ~$18,926 | +17.8% |
| 2029 | ~$976,599 | ~$976,599 | ~2.0465% | ~$19,986 | +24.4% |
| 2030 | ~$1,031,285 | ~$1,031,285 | ~2.0465% | ~$21,105 | +31.3% |
| 2026 | ~$860,747 | ~$860,747 | ~1.9977% | ~$17,195 | +9.6% |
| 2027 | ~$943,376 | ~$943,376 | ~1.9488% | ~$18,385 | +20.1% |
| 2028 | ~$1,033,936 | ~$1,033,936 | ~1.9000% | ~$19,645 | +31.7% |
| 2029 | ~$1,133,190 | ~$1,133,190 | ~1.8512% | ~$20,978 | +44.3% |
| 2030 | ~$1,241,972 | ~$1,241,972 | ~1.8024% | ~$22,385 | +58.1% |
In 2025, this property's market value of $785,356 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -45% 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 | $785,356 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $671,820 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $586,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $585,900 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $585,900 | $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.