11149 RESEARCH BLVD TX 78759
| Owner | AUSTIN TELCO FEDERAL CREDIT UNION |
|---|---|
| Parcel ID | 0257020201 |
| Short ID | 262091 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 58,154 SF |
| Land SF | 87,907 SF |
| Acres | 2.018 |
| Year Built | 1985 |
| Legal | 2.0181 A OF BLK B BALCONES WOODS COMMERCIAL |
| Neighborhood | 51FNW |
| Land | $2,637,210 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,637,210 |
| Improvement | $5,882,873 |
|---|---|
| Total Improvement | $5,882,873 |
| Market | $8,520,083 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,520,083 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,520,083 |
| Taxable Value | $8,520,083 |
|---|
Appreciation: Market value has fallen -37.4% from $13,600,000 (2021) to $8,520,083 (2025), a CAGR of -11.0% over 4 years. Growth has been relatively flat for this asset class. 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 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 $174,362. 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 31% of market value ($2,637,210 land vs $5,882,873 improvements), about $30/SF of land. Most value sits in the improvements, so building condition, age (~41 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,520,083, 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 -11.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,748,703 by 2030, with an estimated annual tax burden around $89,453. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 160,704 SF | ✓ |
| SO | Sketch Only | 160,704 SF | ✗ |
| 3RD | 3rd Floor | 22,068 SF | ✓ |
| 4TH | 4th Floor | 22,068 SF | ✓ |
| 2ND | 2nd Floor | 19,503 SF | ✓ |
| 551 | PAVED AREA | 19,150 SF | ✗ |
| 1ST | 1st Floor | 16,583 SF | ✓ |
| 501 | CANOPY | 5,900 SF | ✗ |
| 611 | TERRACE | 4,650 SF | ✗ |
| 482 | LIGHT POLES | 9 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% | $78,827.81 | $78,827.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $44,646.68 | $44,646.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,022.31 | $32,022.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,055.66 | $10,055.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,809.77 | $8,809.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $174,362.23 | $174,362.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,364,408 | $8,520,083 | -1.8% |
| Assessed Value | $8,364,408 | $8,520,083 | -1.8% |
| Land Value | $2,637,210 | $2,637,210 | +0.0% |
| Improvement Value | $5,727,198 | $5,882,873 | -2.6% |
| Taxable Value | $8,364,408 | $8,520,083 | -1.8% |
| Total Tax 2026 = estimate |
~$171,176
Estimated
|
~$174,362
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,364,408 | $8,364,408 | +0 (+0.0%) |
| Taxable Value | $8,364,408 | $8,364,408 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,364,408 | $2,637,210 | $5,727,198 | — | $8,364,408 | $8,364,408 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,520,083 | $2,637,210 | $5,882,873 | — | $8,520,083 | $8,520,083 | ~$174,362 | Partial |
| 2024 | $10,836,183 | — | — | −$8,198,973 | $2,637,210 | $— | $179,581 | Verified |
| 2023 | $13,900,000 | — | — | −$11,702,325 | $2,197,675 | $— | $196,053 | Verified |
| 2022 | $13,665,600 | — | — | −$11,467,925 | $2,197,675 | $— | $275,366 | Verified |
| 2021 | $13,600,000 | — | — | −$11,841,860 | $1,758,140 | $— | $297,456 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2025 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2024 | -16.4% | -16.4% | ~100% | 1.9800% | Verified |
| 2023 | -26.6% | -26.6% | ~100% | 1.8100% | Verified |
| 2022 | +8.0% | +8.0% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -37.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.8% | -8.6% | -10.7% | +1.7% | 2023 | -22.0% | 2024 |
| Assessment Ratio | 100.0% | 44.9% | — | 100.0% | 2025 | 12.9% | 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 |
$174,362 | $224,564 | ~$118,987 | $297,456 | 2021 | $174,362 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,580,015 | ~$7,580,015 | ~2.0139% | ~$152,657 | -11.0% |
| 2027 | ~$6,743,670 | ~$6,743,670 | ~1.9814% | ~$133,618 | -20.8% |
| 2028 | ~$5,999,603 | ~$5,999,603 | ~1.9488% | ~$116,923 | -29.6% |
| 2029 | ~$5,337,633 | ~$5,337,633 | ~1.9163% | ~$102,285 | -37.4% |
| 2030 | ~$4,748,703 | ~$4,748,703 | ~1.8837% | ~$89,453 | -44.3% |
| 2026 | ~$8,094,079 | ~$8,094,079 | ~2.0465% | ~$165,644 | -5.0% |
| 2027 | ~$7,689,375 | ~$7,689,375 | ~2.0465% | ~$157,362 | -9.7% |
| 2028 | ~$7,304,906 | ~$7,304,906 | ~2.0465% | ~$149,494 | -14.3% |
| 2029 | ~$6,939,661 | ~$6,939,661 | ~2.0465% | ~$142,019 | -18.5% |
| 2030 | ~$6,592,678 | ~$6,592,678 | ~2.0465% | ~$134,918 | -22.6% |
| 2026 | ~$7,750,416 | ~$7,750,416 | ~1.9977% | ~$154,827 | -9.0% |
| 2027 | ~$7,050,278 | ~$7,050,278 | ~1.9488% | ~$137,399 | -17.3% |
| 2028 | ~$6,413,387 | ~$6,413,387 | ~1.9000% | ~$121,855 | -24.7% |
| 2029 | ~$5,834,030 | ~$5,834,030 | ~1.8512% | ~$107,999 | -31.5% |
| 2030 | ~$5,307,010 | ~$5,307,010 | ~1.8024% | ~$95,652 | -37.7% |
In 2025, this property's market value of $8,520,083 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,520,083 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,836,183 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $13,900,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,665,600 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $13,600,000 | $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.