8950 RESEARCH BLVD TX 78758
| Owner | MATTHEWS-BARNES BROTHERS |
|---|---|
| Parcel ID | 0244090201 |
| Short ID | 250025 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 48,042 SF |
| Land SF | 260,445 SF |
| Acres | 5.979 |
| Year Built | 1969 |
| Legal | ABS 217 SUR 15 DAVIS G W ACR 5.9790 |
| Neighborhood | 60NOR |
| Land | $8,334,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,334,240 |
| Improvement | $2,665,760 |
|---|---|
| Total Improvement | $2,665,760 |
| Market | $11,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $11,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $11,000,000 |
| Taxable Value | $11,000,000 |
|---|
Appreciation: Market value has risen +76.0% from $6,251,680 (2021) to $11,000,000 (2025), a CAGR of 15.2% over 4 years. This is strong appreciation — well above typical inflation. 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 $225,113. 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 76% of market value ($8,334,240 land vs $2,665,760 improvements), about $32/SF of land. With value concentrated in the land under a ~57-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 $11,000,000, 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 +15.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $22,291,414 by 2030, with an estimated annual tax burden around $333,716. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 121,502 SF | ✗ |
| 1ST | 1st Floor | 48,042 SF | ✓ |
| 491 | SPRINKLER HEADS | 40,770 SF | ✗ |
| 501 | CANOPY | 5,111 SF | ✗ |
| 881 | COMMCL FINISHOUT | 2,400 SF | ✓ |
| 611 | TERRACE | 1,596 SF | ✗ |
| 541 | FENCE COMM LF | 936 SF | ✗ |
| 093 | HVAC COMMRCL SF | 400 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% | $101,772.00 | $101,772.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $57,641.87 | $57,641.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $41,342.95 | $41,342.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $12,982.53 | $12,982.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $11,374.00 | $11,374.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $225,113.35 | $225,113.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,791,654 | $11,000,000 | -11.0% |
| Assessed Value | $9,791,654 | $11,000,000 | -11.0% |
| Land Value | $8,334,240 | $8,334,240 | +0.0% |
| Improvement Value | $1,457,414 | $2,665,760 | -45.3% |
| Taxable Value | $9,791,654 | $11,000,000 | -11.0% |
| Total Tax 2026 = estimate |
~$200,385
Estimated
|
~$225,113
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,696,121 | $9,791,654 | -1,904,467 (-16.3%) |
| Taxable Value | $11,696,121 | $9,791,654 | -1,904,467 (-16.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,791,654 | $8,334,240 | $1,457,414 | — | $9,791,654 | $9,791,654 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $11,000,000 | $8,334,240 | $2,665,760 | — | $11,000,000 | $11,000,000 | ~$225,113 | Partial |
| 2024 | $7,200,000 | — | — | — | $8,334,240 ! | $— | $168,454 | Verified |
| 2023 | $7,035,974 | — | — | −$785,294 | $6,250,680 | $— | $130,266 | Verified |
| 2022 | $6,650,000 | — | — | −$399,320 | $6,250,680 | $— | $138,955 | Verified |
| 2021 | $6,251,680 | — | — | −$1,000 | $6,250,680 | $— | $144,749 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2025 | +29.4% | +29.4% | ~100% | Not available | Partial |
| 2024 | +18.1% | +18.1% | ~100% | 1.9800% | Verified |
| 2023 | +2.3% | +2.3% | ~100% | 1.8100% | Verified |
| 2022 | +5.8% | +5.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +65.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -11.0% | +11.3% | +18.0% | +52.8% | 2025 | -11.0% | 2026 |
| Assessment Ratio | 100.0% | 99.8% | — | 115.8% | 2024 | 88.8% | 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 |
$225,113 | $161,508 | ~$287,015 | $225,113 | 2025 | $130,266 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$12,668,981 | ~$12,100,000 | ~2.0139% | ~$243,686 | +15.2% |
| 2027 | ~$14,591,188 | ~$13,310,000 | ~1.9814% | ~$263,723 | +32.6% |
| 2028 | ~$16,805,044 | ~$14,641,000 | ~1.9488% | ~$285,330 | +52.8% |
| 2029 | ~$19,354,797 | ~$16,105,100 | ~1.9163% | ~$308,621 | +76.0% |
| 2030 | ~$22,291,414 | ~$17,715,610 | ~1.8837% | ~$333,716 | +102.6% |
| 2026 | ~$12,448,981 | ~$12,100,000 | ~2.0465% | ~$247,625 | +13.2% |
| 2027 | ~$14,088,829 | ~$13,310,000 | ~2.0465% | ~$272,387 | +28.1% |
| 2028 | ~$15,944,687 | ~$14,641,000 | ~2.0465% | ~$299,626 | +45.0% |
| 2029 | ~$18,045,009 | ~$16,105,100 | ~2.0465% | ~$329,588 | +64.0% |
| 2030 | ~$20,421,997 | ~$17,715,610 | ~2.0465% | ~$362,547 | +85.7% |
| 2026 | ~$12,888,981 | ~$12,100,000 | ~1.9977% | ~$241,717 | +17.2% |
| 2027 | ~$15,102,347 | ~$13,310,000 | ~1.9488% | ~$259,391 | +37.3% |
| 2028 | ~$17,695,806 | ~$14,641,000 | ~1.9000% | ~$278,181 | +60.9% |
| 2029 | ~$20,734,627 | ~$16,105,100 | ~1.8512% | ~$298,137 | +88.5% |
| 2030 | ~$24,295,291 | ~$17,715,610 | ~1.8024% | ~$319,301 | +120.9% |
In 2025, this property's market value of $11,000,000 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 | $11,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,200,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,035,974 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,650,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,251,680 | $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.