11547 RESEARCH BLVD TX 78759
| Owner | PAPPAS RESTAURANTS INC |
|---|---|
| Parcel ID | 0259030301 |
| Short ID | 548339 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Cost |
| Improvement SF | — |
| Land SF | 50,965 SF |
| Acres | 1.170 |
| Year Built | — |
| Legal | 1.17AC OF LOT 6 TADLOCK SUBD |
| Neighborhood | 1NW2 |
| Land | $1,299,608 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,299,608 |
| Improvement | $77,366 |
|---|---|
| Total Improvement | $77,366 |
| Market | $1,376,974 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,376,974 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,376,974 |
| Taxable Value | $1,376,974 |
|---|
Appreciation: Market value has risen +1518.2% from $85,092 (2021) to $1,376,974 (2025), a CAGR of 100.6% over 4 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $28,180. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 94% of market value ($1,299,608 land vs $77,366 improvements), about $26/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,376,974, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +100.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $44,691,198 by 2030, with an estimated annual tax burden around $41,774. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 37,500 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% | $12,739.76 | $12,739.76 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,215.58 | $7,215.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,175.29 | $5,175.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,625.15 | $1,625.15 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,423.79 | $1,423.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,179.57 | $28,179.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,376,974 | $1,376,974 | +0.0% |
| Assessed Value | $1,376,974 | $1,376,974 | +0.0% |
| Land Value | $1,299,608 | $1,299,608 | +0.0% |
| Improvement Value | $77,366 | $77,366 | +0.0% |
| Taxable Value | $1,376,974 | $1,376,974 | +0.0% |
| Total Tax 2026 = estimate |
~$28,180
Estimated
|
~$28,180
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,376,974 | $1,376,974 | +0 (+0.0%) |
| Taxable Value | $1,376,974 | $1,376,974 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,376,974 | $1,299,608 | $77,366 | — | $1,376,974 | $1,376,974 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,376,974 | $1,299,608 | $77,366 | — | $1,376,974 | $1,376,974 | ~$28,180 | Partial |
| 2024 | $1,376,974 | — | — | — | — | $— | $27,289 | Verified |
| 2023 | $1,376,974 | — | — | — | — | $— | $24,913 | Verified |
| 2022 | $1,384,700 | — | — | — | — | $— | $27,194 | Verified |
| 2021 | $85,092 | — | — | — | — | $— | $30,140 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | -0.6% | -0.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 35.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +305.3% | +100.6% | +1527.3% | 2022 | -0.6% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$28,180 | $27,543 | ~$35,928 | $30,140 | 2021 | $24,913 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,761,754 | ~$1,514,671 | ~2.0139% | ~$30,505 | +100.6% |
| 2027 | ~$5,539,164 | ~$1,666,139 | ~1.9814% | ~$33,013 | +302.3% |
| 2028 | ~$11,109,730 | ~$1,832,752 | ~1.9488% | ~$35,717 | +706.8% |
| 2029 | ~$22,282,440 | ~$2,016,028 | ~1.9163% | ~$38,633 | +1518.2% |
| 2030 | ~$44,691,198 | ~$2,217,630 | ~1.8837% | ~$41,774 | +3145.6% |
| 2026 | ~$2,734,215 | ~$1,514,671 | ~2.0465% | ~$30,998 | +98.6% |
| 2027 | ~$5,429,245 | ~$1,666,139 | ~2.0465% | ~$34,097 | +294.3% |
| 2028 | ~$10,780,683 | ~$1,832,752 | ~2.0465% | ~$37,507 | +682.9% |
| 2029 | ~$21,406,868 | ~$2,016,028 | ~2.0465% | ~$41,258 | +1454.6% |
| 2030 | ~$42,506,952 | ~$2,217,630 | ~2.0465% | ~$45,383 | +2987.0% |
| 2026 | ~$2,789,293 | ~$1,514,671 | ~1.9977% | ~$30,258 | +102.6% |
| 2027 | ~$5,650,185 | ~$1,666,139 | ~1.9488% | ~$32,470 | +310.3% |
| 2028 | ~$11,445,405 | ~$1,832,752 | ~1.9000% | ~$34,823 | +731.2% |
| 2029 | ~$23,184,601 | ~$2,016,028 | ~1.8512% | ~$37,321 | +1583.7% |
| 2030 | ~$46,964,327 | ~$2,217,630 | ~1.8024% | ~$39,970 | +3310.7% |
In 2025, this property's market value of $1,376,974 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 16× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $1,376,974 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,376,974 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,376,974 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $1,384,700 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | $85,092 | $6,000 | $14,480 | $80,000 | ↑ 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.