8868 RESEARCH BLVD TX 78758
| Owner | ATC CENTER LLC |
|---|---|
| Parcel ID | 0243100903 |
| Short ID | 248792 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 18,886 SF |
| Land SF | 84,506 SF |
| Acres | 1.940 |
| Year Built | 1985 |
| Legal | LOT B AUSTIN BUSINESS PARK NO 2 |
| Neighborhood | 43CEN |
| Land | $3,380,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,380,240 |
| Improvement | $271,230 |
|---|---|
| Total Improvement | $271,230 |
| Market | $3,651,470 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,651,470 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,651,470 |
| Taxable Value | $3,651,470 |
|---|
Appreciation: Market value has risen +17.1% from $3,118,297 (2021) to $3,651,470 (2025), a CAGR of 4.0% 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 $74,727. 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 93% of market value ($3,380,240 land vs $271,230 improvements), about $40/SF of land. With value concentrated in the land under a ~41-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 $3,651,470, 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 +4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,447,906 by 2030, with an estimated annual tax burden around $83,787. 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 | 33,700 SF | ✗ |
| 1ST | 1st Floor | 18,886 SF | ✓ |
| 501 | CANOPY | 4,682 SF | ✗ |
| 611 | TERRACE | 4,682 SF | ✗ |
| 482 | LIGHT POLES | 5 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% | $33,783.40 | $33,783.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $19,134.32 | $19,134.32 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,723.87 | $13,723.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,309.57 | $4,309.57 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,775.62 | $3,775.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $74,726.78 | $74,726.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,963,955 | $3,651,470 | +8.6% |
| Assessed Value | $3,963,955 | $3,651,470 | +8.6% |
| Land Value | $3,380,240 | $3,380,240 | +0.0% |
| Improvement Value | $583,715 | $271,230 | +115.2% |
| Taxable Value | $3,963,955 | $3,651,470 | +8.6% |
| Total Tax 2026 = estimate |
~$81,122
Estimated
|
~$74,727
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,963,955 | $3,963,955 | +0 (+0.0%) |
| Taxable Value | $3,963,955 | $3,963,955 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,963,955 | $3,380,240 | $583,715 | — | $3,963,955 | $3,963,955 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,651,470 | $3,380,240 | $271,230 | — | $3,651,470 | $3,651,470 | ~$74,727 | Partial |
| 2024 | $2,928,873 | — | — | — | $3,083,000 ! | $— | $61,099 | Verified |
| 2023 | $2,928,873 | — | — | −$393,693 | $2,535,180 | $— | $52,991 | Verified |
| 2022 | $2,928,873 | — | — | −$393,693 | $2,535,180 | $— | $57,843 | Verified |
| 2021 | $3,118,297 | — | — | −$583,117 | $2,535,180 | $— | $63,752 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.6% | +8.6% | ~100% | Not available | Partial |
| 2025 | -7.0% | +3.9% | ~100% | Not available | Partial |
| 2024 | +34.1% | +20.0% | 89.5% | 1.5600% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.6% | +5.4% | +2.4% | +24.7% | 2025 | -6.1% | 2022 |
| Assessment Ratio | 100.0% | 93.3% | — | 105.3% | 2024 | 81.3% | 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 |
$74,727 | $62,082 | ~$80,123 | $74,727 | 2025 | $52,991 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,798,440 | ~$3,798,440 | ~2.0139% | ~$76,498 | +4.0% |
| 2027 | ~$3,951,326 | ~$3,951,326 | ~1.9814% | ~$78,291 | +8.2% |
| 2028 | ~$4,110,365 | ~$4,110,365 | ~1.9488% | ~$80,104 | +12.6% |
| 2029 | ~$4,275,806 | ~$4,275,806 | ~1.9163% | ~$81,937 | +17.1% |
| 2030 | ~$4,447,906 | ~$4,447,906 | ~1.8837% | ~$83,787 | +21.8% |
| 2026 | ~$3,725,411 | ~$3,725,411 | ~2.0465% | ~$76,240 | +2.0% |
| 2027 | ~$3,800,849 | ~$3,800,849 | ~2.0465% | ~$77,784 | +4.1% |
| 2028 | ~$3,877,815 | ~$3,877,815 | ~2.0465% | ~$79,359 | +6.2% |
| 2029 | ~$3,956,339 | ~$3,956,339 | ~2.0465% | ~$80,966 | +8.3% |
| 2030 | ~$4,036,453 | ~$4,036,453 | ~2.0465% | ~$82,605 | +10.5% |
| 2026 | ~$3,871,470 | ~$3,871,470 | ~1.9977% | ~$77,339 | +6.0% |
| 2027 | ~$4,104,724 | ~$4,104,724 | ~1.9488% | ~$79,994 | +12.4% |
| 2028 | ~$4,352,032 | ~$4,352,032 | ~1.9000% | ~$82,689 | +19.2% |
| 2029 | ~$4,614,241 | ~$4,614,241 | ~1.8512% | ~$85,419 | +26.4% |
| 2030 | ~$4,892,247 | ~$4,892,247 | ~1.8024% | ~$88,176 | +34.0% |
In 2025, this property's market value of $3,651,470 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +158% 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 | $3,651,470 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,928,873 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,928,873 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,928,873 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $3,118,297 | $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.