11011 RESEARCH BLVD TX 78759
| Owner | MITHRIL INVESTMENTS LP |
|---|---|
| Parcel ID | 0256000106 |
| Short ID | 261439 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,800 SF |
| Land SF | 34,986 SF |
| Acres | 0.803 |
| Year Built | 1997 |
| Legal | LOT 1 *LESS .205A BRADFORD ADDN |
| Neighborhood | 30NWE |
| Land | $944,622 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $944,622 |
| Improvement | $421,892 |
|---|---|
| Total Improvement | $421,892 |
| Market | $1,366,514 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,366,514 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,366,514 |
| Taxable Value | $1,366,514 |
|---|
Appreciation: Market value has fallen -2.9% from $1,407,852 (2021) to $1,366,514 (2025), a CAGR of -0.7% 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 $27,966. 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 69% of market value ($944,622 land vs $421,892 improvements), about $27/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,366,514, this parcel sits in the lower-middle (25th–50th 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 -0.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,316,544 by 2030, with an estimated annual tax burden around $24,800. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,000 SF | ✗ |
| 1ST | 1st Floor | 4,800 SF | ✓ |
| 491 | SPRINKLER HEADS | 4,800 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% | $12,642.99 | $12,642.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,160.77 | $7,160.77 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,135.97 | $5,135.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,612.80 | $1,612.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,412.98 | $1,412.98 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,965.51 | $27,965.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,293,339 | $1,366,514 | -5.4% |
| Assessed Value | $1,293,339 | $1,366,514 | -5.4% |
| Land Value | $944,622 | $944,622 | +0.0% |
| Improvement Value | $348,717 | $421,892 | -17.3% |
| Taxable Value | $1,293,339 | $1,366,514 | -5.4% |
| Total Tax 2026 = estimate |
~$26,468
Estimated
|
~$27,966
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,387,169 | $1,293,339 | -93,830 (-6.8%) |
| Taxable Value | $1,387,169 | $1,293,339 | -93,830 (-6.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,293,339 | $944,622 | $348,717 | — | $1,293,339 | $1,293,339 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,366,514 | $944,622 | $421,892 | — | $1,366,514 | $1,366,514 | ~$27,966 | Partial |
| 2024 | $1,347,051 | — | — | −$402,429 | $944,622 | $— | $27,575 | Verified |
| 2023 | $1,290,341 | — | — | −$503,156 | $787,185 | $— | $24,371 | Verified |
| 2022 | $1,246,771 | — | — | −$459,586 | $787,185 | $— | $25,483 | Verified |
| 2021 | $1,407,852 | — | — | −$620,667 | $787,185 | $— | $27,138 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.5% | +1.5% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | +3.3% | +3.3% | ~100% | 1.9800% | Verified |
| 2023 | +4.4% | +4.4% | ~100% | 1.8100% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.4% | -1.5% | +0.4% | +4.4% | 2024 | -11.4% | 2022 |
| Assessment Ratio | 100.0% | 75.0% | — | 100.0% | 2025 | 55.9% | 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 |
$27,966 | $26,507 | ~$26,050 | $27,966 | 2025 | $24,371 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,356,371 | ~$1,356,371 | ~2.0139% | ~$27,316 | -0.7% |
| 2027 | ~$1,346,302 | ~$1,346,302 | ~1.9814% | ~$26,675 | -1.5% |
| 2028 | ~$1,336,309 | ~$1,336,309 | ~1.9488% | ~$26,043 | -2.2% |
| 2029 | ~$1,326,390 | ~$1,326,390 | ~1.9163% | ~$25,417 | -2.9% |
| 2030 | ~$1,316,544 | ~$1,316,544 | ~1.8837% | ~$24,800 | -3.7% |
| 2026 | ~$1,329,040 | ~$1,329,040 | ~2.0465% | ~$27,199 | -2.7% |
| 2027 | ~$1,292,594 | ~$1,292,594 | ~2.0465% | ~$26,453 | -5.4% |
| 2028 | ~$1,257,148 | ~$1,257,148 | ~2.0465% | ~$25,727 | -8.0% |
| 2029 | ~$1,222,673 | ~$1,222,673 | ~2.0465% | ~$25,022 | -10.5% |
| 2030 | ~$1,189,144 | ~$1,189,144 | ~2.0465% | ~$24,336 | -13.0% |
| 2026 | ~$1,383,701 | ~$1,383,701 | ~1.9977% | ~$27,642 | +1.3% |
| 2027 | ~$1,401,104 | ~$1,401,104 | ~1.9488% | ~$27,305 | +2.5% |
| 2028 | ~$1,418,726 | ~$1,418,726 | ~1.9000% | ~$26,956 | +3.8% |
| 2029 | ~$1,436,569 | ~$1,436,569 | ~1.8512% | ~$26,594 | +5.1% |
| 2030 | ~$1,454,637 | ~$1,454,637 | ~1.8024% | ~$26,218 | +6.4% |
In 2025, this property's market value of $1,366,514 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -4% below 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 | $1,366,514 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,347,051 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,290,341 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,246,771 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,407,852 | $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.