8716 RESEARCH BLVD TX 78758
| Owner | CORSAIR RESEARCH BLVD LLC |
|---|---|
| Parcel ID | 0241101003 |
| Short ID | 246255 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 54,989 SF |
| Land SF | 208,870 SF |
| Acres | 4.795 |
| Year Built | 1977 |
| Legal | LOT 1 *LESS 6752SF NORTH PARK CENTER |
| Neighborhood | 42CEN |
| Land | $6,391,422 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,391,422 |
| Improvement | $1,058,578 |
|---|---|
| Total Improvement | $1,058,578 |
| Market | $7,450,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,450,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,450,000 |
| Taxable Value | $7,450,000 |
|---|
Appreciation: Market value has risen +1.7% from $7,322,855 (2021) to $7,450,000 (2025), a CAGR of 0.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $152,463. 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 86% of market value ($6,391,422 land vs $1,058,578 improvements), about $31/SF of land. With value concentrated in the land under a ~49-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 $7,450,000, this parcel sits in the top quartile (≥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 +0.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,612,040 by 2030, with an estimated annual tax burden around $143,391. 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 | 200,000 SF | ✗ |
| 1ST | 1st Floor | 54,989 SF | ✓ |
| 491 | SPRINKLER HEADS | 54,989 SF | ✗ |
| MEZZ | Mezzanine | 2,400 SF | ✓ |
| 501 | CANOPY | 946 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% | $68,927.40 | $68,927.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $39,039.27 | $39,039.27 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $28,000.45 | $28,000.45 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,792.71 | $8,792.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,703.30 | $7,703.30 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $152,463.13 | $152,463.13 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,450,000 | $7,450,000 | +0.0% |
| Assessed Value | $7,450,000 | $7,450,000 | +0.0% |
| Land Value | $6,391,422 | $6,391,422 | +0.0% |
| Improvement Value | $1,058,578 | $1,058,578 | +0.0% |
| Taxable Value | $7,450,000 | $7,450,000 | +0.0% |
| Total Tax 2026 = estimate |
~$152,463
Estimated
|
~$152,463
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,883,846 | $7,450,000 | -433,846 (-5.5%) |
| Taxable Value | $7,883,846 | $7,450,000 | -433,846 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,450,000 | $6,391,422 | $1,058,578 | — | $7,450,000 | $7,450,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,450,000 | $6,391,422 | $1,058,578 | — | $7,450,000 | $7,450,000 | ~$152,463 | Partial |
| 2024 | $7,486,366 | — | — | −$1,094,944 | $6,391,422 | $— | $146,456 | Verified |
| 2023 | $7,456,493 | — | — | −$2,234,743 | $5,221,750 | $— | $135,447 | Verified |
| 2022 | $6,660,503 | — | — | −$1,438,753 | $5,221,750 | $— | $147,260 | Verified |
| 2021 | $7,322,855 | — | — | −$2,101,105 | $5,221,750 | $— | $144,978 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.8% | +5.8% | ~100% | Not available | Partial |
| 2025 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2024 | -1.3% | -1.3% | ~100% | 1.9800% | Verified |
| 2023 | +0.4% | +0.4% | ~100% | 1.8100% | Verified |
| 2022 | -0.2% | -0.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.6% | +0.4% | +12.0% | 2023 | -9.0% | 2022 |
| Assessment Ratio | 100.0% | 84.2% | — | 100.0% | 2025 | 70.0% | 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 |
$152,463 | $145,321 | ~$147,056 | $152,463 | 2025 | $135,447 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,482,130 | ~$7,482,130 | ~2.0139% | ~$150,685 | +0.4% |
| 2027 | ~$7,514,398 | ~$7,514,398 | ~1.9814% | ~$148,889 | +0.9% |
| 2028 | ~$7,546,805 | ~$7,546,805 | ~1.9488% | ~$147,075 | +1.3% |
| 2029 | ~$7,579,353 | ~$7,579,353 | ~1.9163% | ~$145,242 | +1.7% |
| 2030 | ~$7,612,040 | ~$7,612,040 | ~1.8837% | ~$143,391 | +2.2% |
| 2026 | ~$7,333,130 | ~$7,333,130 | ~2.0465% | ~$150,071 | -1.6% |
| 2027 | ~$7,218,093 | ~$7,218,093 | ~2.0465% | ~$147,717 | -3.1% |
| 2028 | ~$7,104,860 | ~$7,104,860 | ~2.0465% | ~$145,400 | -4.6% |
| 2029 | ~$6,993,404 | ~$6,993,404 | ~2.0465% | ~$143,119 | -6.1% |
| 2030 | ~$6,883,697 | ~$6,883,697 | ~2.0465% | ~$140,874 | -7.6% |
| 2026 | ~$7,631,130 | ~$7,631,130 | ~1.9977% | ~$152,444 | +2.4% |
| 2027 | ~$7,816,663 | ~$7,816,663 | ~1.9488% | ~$152,334 | +4.9% |
| 2028 | ~$8,006,707 | ~$8,006,707 | ~1.9000% | ~$152,129 | +7.5% |
| 2029 | ~$8,201,372 | ~$8,201,372 | ~1.8512% | ~$151,823 | +10.1% |
| 2030 | ~$8,400,770 | ~$8,400,770 | ~1.8024% | ~$151,413 | +12.8% |
In 2025, this property's market value of $7,450,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,450,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,486,366 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,456,493 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,660,503 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,322,855 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.