8904 RESEARCH BLVD AUSTIN, TX 78758
| Owner | RRE REAL ESTATE LLC |
|---|---|
| Parcel ID | 0244090301 |
| Short ID | 250030 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 6,000 SF |
| Land SF | 23,898 SF |
| Acres | 0.549 |
| Year Built | 1975 |
| Legal | LOT 1 LESS .055A(INTO ROW) T & L ADDN |
| Neighborhood | 20CEN |
| Land | $955,920 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $955,920 |
| Improvement | $934,516 |
|---|---|
| Total Improvement | $934,516 |
| Market | $1,890,436 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,890,436 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,890,436 |
| Taxable Value | $1,890,436 |
|---|
| Total Due | $5,118.38 |
|---|---|
| First Delinquent | — |
Appreciation: Market value has fallen -3.0% from $1,948,371 (2021) to $1,890,436 (2025), a CAGR of -0.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $38,687. 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 51% of market value ($955,920 land vs $934,516 improvements), about $40/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,890,436, this parcel sits in the upper-middle (50th–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 -0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,820,434 by 2030, with an estimated annual tax burden around $34,292. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
Delinquent Taxes: $5,118.38 in unpaid taxes . These become a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 19,500 SF | ✗ |
| 1ST | 1st Floor | 6,000 SF | ✓ |
| 611 | TERRACE | 996 SF | ✗ |
| 501 | CANOPY | 924 SF | ✗ |
| Entity | 2024 Rate | 2025 Rate | Rate Effect |
|---|---|---|---|
| City of Austin | 0.4776% | 0.5240% | +877 |
| Travis County | 0.3444% | 0.3758% | +594 |
| Austin ISD | 0.9505% | 0.9252% | -478 |
| Travis Central Health | 0.1080% | 0.1180% | +190 |
| Austin Community College | 0.1013% | 0.1034% | +40 |
This parcel has unpaid taxes on record. Delinquent taxes are a lien on the property and transfer to the buyer at closing unless negotiated otherwise.
| 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% | $17,490.31 | $15,478.15 | $2,012.16 |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,906.21 | $8,766.56 | $1,139.65 |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,105.11 | $6,287.71 | $817.40 |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,231.15 | $1,974.47 | $256.68 |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,954.71 | $1,729.83 | $224.88 |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,687.49 | $34,236.72 | $4,450.77 |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,036,743 | $1,890,436 | +7.7% |
| Assessed Value | $2,036,743 | $1,890,436 | +7.7% |
| Land Value | $955,920 | $955,920 | +0.0% |
| Improvement Value | $1,080,823 | $934,516 | +15.7% |
| Taxable Value | $2,036,743 | $1,890,436 | +7.7% |
| Total Tax 2026 = estimate |
~$41,682
Estimated
|
$38,687 | ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,036,743 | $2,036,743 | +0 (+0.0%) |
| Taxable Value | $2,036,743 | $2,036,743 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,036,743 | $955,920 | $1,080,823 | — | $2,036,743 | $2,036,743 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,890,436 | $955,920 | $934,516 | — | $1,890,436 | $1,890,436 | $38,687 | Verified |
| 2024 | $1,933,044 | — | — | −$977,124 | $955,920 | $— | $38,289 | Verified |
| 2023 | $1,792,414 | — | — | −$1,075,474 | $716,940 | $— | $34,974 | Verified |
| 2022 | $1,732,303 | — | — | −$1,015,363 | $716,940 | $— | $35,399 | Verified |
| 2021 | $1,948,371 | — | — | −$1,231,431 | $716,940 | $— | $37,707 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.7% | +7.7% | ~100% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | 2.0500% | Verified |
| 2024 | -0.1% | -0.1% | ~100% | 1.9800% | Verified |
| 2023 | +7.8% | +7.8% | ~100% | 1.8100% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.7% | +1.1% | -2.2% | +7.8% | 2024 | -11.1% | 2022 |
| Assessment Ratio | 100.0% | 61.3% | — | 100.0% | 2025 | 36.8% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
| Tax Amount | $38,687 | $37,011 | ~$36,028 | $38,687 | 2025 | $34,974 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,876,223 | ~$1,876,223 | ~2.0139% | ~$37,786 | -0.8% |
| 2027 | ~$1,862,118 | ~$1,862,118 | ~1.9814% | ~$36,896 | -1.5% |
| 2028 | ~$1,848,118 | ~$1,848,118 | ~1.9488% | ~$36,017 | -2.2% |
| 2029 | ~$1,834,224 | ~$1,834,224 | ~1.9163% | ~$35,149 | -3.0% |
| 2030 | ~$1,820,434 | ~$1,820,434 | ~1.8837% | ~$34,292 | -3.7% |
| 2026 | ~$1,838,415 | ~$1,838,415 | ~2.0465% | ~$37,623 | -2.8% |
| 2027 | ~$1,787,825 | ~$1,787,825 | ~2.0465% | ~$36,588 | -5.4% |
| 2028 | ~$1,738,627 | ~$1,738,627 | ~2.0465% | ~$35,581 | -8.0% |
| 2029 | ~$1,690,784 | ~$1,690,784 | ~2.0465% | ~$34,602 | -10.6% |
| 2030 | ~$1,644,256 | ~$1,644,256 | ~2.0465% | ~$33,649 | -13.0% |
| 2026 | ~$1,914,032 | ~$1,914,032 | ~1.9977% | ~$38,236 | +1.2% |
| 2027 | ~$1,937,923 | ~$1,937,923 | ~1.9488% | ~$37,767 | +2.5% |
| 2028 | ~$1,962,112 | ~$1,962,112 | ~1.9000% | ~$37,280 | +3.8% |
| 2029 | ~$1,986,603 | ~$1,986,603 | ~1.8512% | ~$36,776 | +5.1% |
| 2030 | ~$2,011,399 | ~$2,011,399 | ~1.8024% | ~$36,253 | +6.4% |
In 2025, this property's market value of $1,890,436 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +33% 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 | $1,890,436 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,933,044 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,792,414 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,732,303 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,948,371 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.