8868 RESEARCH BLVD 5 TX
| Owner | RANGER A-TX LP |
|---|---|
| Parcel ID | 0243100905 |
| Short ID | 248794 |
| Type | Real |
| Use Code | 66 Industrial 20K+ SF (>75% FO) |
| Valuation | Cost |
| Improvement SF | 56,276 SF |
| Land SF | 183,388 SF |
| Acres | 4.210 |
| Year Built | 1983 |
| Legal | LOT C AUSTIN BUSINESS PARK NO 2 |
| Neighborhood | 66NOR |
| Land | $1,683,502 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,683,502 |
| Improvement | $10,316,498 |
|---|---|
| Total Improvement | $10,316,498 |
| Market | $12,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,000,000 |
| Taxable Value | $12,000,000 |
|---|
Appreciation: Market value has risen +32.0% from $9,090,000 (2021) to $12,000,000 (2025), a CAGR of 7.2% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2023→2024), 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 $245,578. 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 14% of market value ($1,683,502 land vs $10,316,498 improvements), about $9/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $12,000,000, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,980,597 by 2030, with an estimated annual tax burden around $319,871. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 56,276 SF | ✓ |
| 881 | COMMCL FINISHOUT | 56,276 SF | ✓ |
| 551 | PAVED AREA | 55,000 SF | ✗ |
| 501 | CANOPY | 1,909 SF | ✗ |
| SO | Sketch Only | 1,181 SF | ✗ |
| 091 | HVAC COMMRCL TON | 5 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $111,024.00 | $111,024.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $62,882.04 | $62,882.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $45,101.40 | $45,101.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,162.76 | $14,162.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,408.00 | $12,408.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $245,578.20 | $245,578.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,128,959 | $12,000,000 | +1.1% |
| Assessed Value | $12,128,959 | $12,000,000 | +1.1% |
| Land Value | $1,683,502 | $1,683,502 | +0.0% |
| Improvement Value | $10,445,457 | $10,316,498 | +1.3% |
| Taxable Value | $12,128,959 | $12,000,000 | +1.1% |
| Total Tax 2026 = estimate |
~$248,217
Estimated
|
~$245,578
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,128,959 | $12,128,959 | +0 (+0.0%) |
| Taxable Value | $12,128,959 | $12,128,959 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,128,959 | $1,683,502 | $10,445,457 | — | $12,128,959 | $12,128,959 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,000,000 | $1,683,502 | $10,316,498 | — | $12,000,000 | $12,000,000 | ~$245,578 | Partial |
| 2024 | $15,486,198 | — | — | −$13,802,696 | $1,683,502 | $— | $236,708 | Verified |
| 2023 | $10,500,000 | — | — | −$8,816,498 | $1,683,502 | $— | $250,963 | Verified |
| 2022 | $10,808,483 | — | — | −$9,124,981 | $1,683,502 | $— | $208,059 | Verified |
| 2021 | $9,090,000 | — | — | −$7,406,498 | $1,683,502 | $— | $222,659 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2025 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2024 | -22.9% | -22.9% | ~100% | 1.9800% | Verified |
| 2023 | +38.2% | +38.2% | ~100% | 1.6200% | Verified |
| 2022 | +3.6% | +3.6% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.4500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.1% | +8.4% | +7.0% | +47.5% | 2024 | -22.5% | 2025 |
| Assessment Ratio | 100.0% | 43.5% | — | 100.0% | 2025 | 10.9% | 2024 |
| 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 |
$245,578 | $232,793 | ~$288,739 | $250,963 | 2023 | $208,059 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,862,802 | ~$12,862,802 | ~2.0139% | ~$259,049 | +7.2% |
| 2027 | ~$13,787,640 | ~$13,787,640 | ~1.9814% | ~$273,187 | +14.9% |
| 2028 | ~$14,778,973 | ~$14,778,973 | ~1.9488% | ~$288,018 | +23.2% |
| 2029 | ~$15,841,584 | ~$15,841,584 | ~1.9163% | ~$303,571 | +32.0% |
| 2030 | ~$16,980,597 | ~$16,980,597 | ~1.8837% | ~$319,871 | +41.5% |
| 2026 | ~$12,622,802 | ~$12,622,802 | ~2.0465% | ~$258,324 | +5.2% |
| 2027 | ~$13,277,928 | ~$13,277,928 | ~2.0465% | ~$271,731 | +10.6% |
| 2028 | ~$13,967,054 | ~$13,967,054 | ~2.0465% | ~$285,834 | +16.4% |
| 2029 | ~$14,691,947 | ~$14,691,947 | ~2.0465% | ~$300,668 | +22.4% |
| 2030 | ~$15,454,462 | ~$15,454,462 | ~2.0465% | ~$316,273 | +28.8% |
| 2026 | ~$13,102,802 | ~$13,102,802 | ~1.9977% | ~$261,750 | +9.2% |
| 2027 | ~$14,306,952 | ~$14,306,952 | ~1.9488% | ~$278,820 | +19.2% |
| 2028 | ~$15,621,763 | ~$15,621,763 | ~1.9000% | ~$296,816 | +30.2% |
| 2029 | ~$17,057,406 | ~$17,057,406 | ~1.8512% | ~$315,766 | +42.1% |
| 2030 | ~$18,624,984 | ~$18,624,984 | ~1.8024% | ~$335,691 | +55.2% |
In 2025, this property's market value of $12,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $12,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $15,486,198 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $10,808,483 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $9,090,000 | $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.