2220 W BEN WHITE BLVD TX 78741
| Owner | DAYTON HUDSON CORPORATION |
|---|---|
| Parcel ID | 0408111703 |
| Short ID | 509241 |
| Type | Real |
| Use Code | 46 Discount Store (>25,000 SF) |
| Valuation | Income |
| Improvement SF | 100,748 SF |
| Land SF | 312,892 SF |
| Acres | 7.183 |
| Year Built | 1980 |
| Legal | LOT 5 * LESS 2.107A BARTON MARKET SQUARE SEC 3 |
| Neighborhood | 46CEN |
| Land | $31,289,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $31,289,200 |
| Improvement | $1,677,486 |
|---|---|
| Total Improvement | $1,677,486 |
| Market | $32,966,686 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,966,686 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,966,686 |
| Exemptions (−) (SO) | −$284,910 |
|---|---|
| Taxable Value | $32,681,776 |
Appreciation: Market value has risen +267.1% from $8,980,000 (2021) to $32,966,686 (2025), a CAGR of 38.4% 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 +17.8%, 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 $668,828. 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 95% of market value ($31,289,200 land vs $1,677,486 improvements), about $100/SF of land. With value concentrated in the land under a ~46-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 $32,966,686, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +29.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $121,024,765 by 2031, with an estimated annual tax burden around $1,000,139. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 186,836 SF | ✗ |
| 491 | SPRINKLER HEADS | 104,017 SF | ✗ |
| 1ST | 1st Floor | 100,748 SF | ✓ |
| 501 | CANOPY | 4,681 SF | ✗ |
| 881 | COMMCL FINISHOUT | 4,151 SF | ✓ |
| MEZZ | Mezzanine | 3,881 SF | ✓ |
| 611 | TERRACE | 3,410 SF | ✗ |
| 541 | FENCE COMM LF | 500 SF | ✗ |
| 411 | SOLAR DEVICES RESIDENTIAL | 253 SF | ✓ |
| 482 | LIGHT POLES | 10 SF | ✓ |
| 409 | SOLAR/WIND DEVICES COMM | 1 SF | ✓ |
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.
| 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% | $302,371.79 | $302,371.79 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $171,258.06 | $171,258.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $122,832.82 | $122,832.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $38,572.01 | $38,572.01 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,792.96 | $33,792.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $668,827.64 | $668,827.64 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $302,371.79 | 45.2% |
| CAT City of Austin | 0.5240% | $171,258.06 | 25.6% |
| TCO Travis County | 0.3758% | $122,832.82 | 18.4% |
| THD Travis Central Health | 0.1180% | $38,572.01 | 5.8% |
| ACT Austin Community College | 0.1034% | $33,792.96 | 5.1% |
| Total | 2.0465% | $668,827.64 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $32,966,686 | $32,966,686 | +0.0% |
| Assessed Value | $32,966,686 | $32,966,686 | +0.0% |
| Land Value | $31,289,200 | $31,289,200 | +0.0% |
| Improvement Value | $1,677,486 | $1,677,486 | +0.0% |
| Taxable Value | $32,716,842 | $32,681,776 | +0.1% |
| Exemptions | SO | SO | |
| Total Tax 2026 = estimate |
~$669,545
Estimated
|
~$668,828
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $32,966,686 | $31,289,200 | $1,677,486 | — | $32,966,686 | $32,716,842 | Not yet — post-cert | Preliminary |
| 2025 | $32,966,686 | $31,289,200 | $1,677,486 | — | $32,966,686 | $32,681,776 | ~$668,828 | Partial |
| 2024 | $18,465,720 | $31,289,200 | — | — | $18,465,720 | $18,150,127 | $359,702 | Verified |
| 2023 | $18,465,720 | $31,289,200 | — | — | $18,465,720 | $18,465,720 | $334,090 | Verified |
| 2022 | $8,980,000 | $7,822,300 | $1,157,700 | — | $8,980,000 | $8,980,000 | $177,348 | Verified |
| 2021 | $8,980,000 | $7,822,300 | $1,157,700 | — | $8,980,000 | $8,980,000 | $179,305 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +78.5% ! | +78.5% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +105.6% ! | +105.6% | ~100% | No billing data | Verified |
| 2022 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +267.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +36.8% | +29.7% | +105.6% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$668,828 | $343,855 | ~$860,176 | $668,828 | 2025 | $177,348 | 2022 |
Market value changed by 106% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$42,759,743 | ~$36,263,355 | ~2.0139% | ~$730,321 | +29.7% |
| 2028 | ~$55,461,917 | ~$39,889,690 | ~1.9814% | ~$790,370 | +68.2% |
| 2029 | ~$71,937,388 | ~$43,878,659 | ~1.9488% | ~$855,125 | +118.2% |
| 2030 | ~$93,307,049 | ~$48,266,525 | ~1.9163% | ~$924,927 | +183.0% |
| 2031 | ~$121,024,765 | ~$53,093,177 | ~1.8837% | ~$1,000,139 | +267.1% |
| 2027 | ~$42,100,409 | ~$36,263,355 | ~2.0465% | ~$742,124 | +27.7% |
| 2028 | ~$53,764,714 | ~$39,889,690 | ~2.0465% | ~$816,337 | +63.1% |
| 2029 | ~$68,660,721 | ~$43,878,659 | ~2.0465% | ~$897,970 | +108.3% |
| 2030 | ~$87,683,804 | ~$48,266,525 | ~2.0465% | ~$987,767 | +166.0% |
| 2031 | ~$111,977,406 | ~$53,093,177 | ~2.0465% | ~$1,086,544 | +239.7% |
| 2027 | ~$43,419,076 | ~$36,263,355 | ~1.9977% | ~$724,419 | +31.7% |
| 2028 | ~$57,185,493 | ~$39,889,690 | ~1.9488% | ~$777,386 | +73.5% |
| 2029 | ~$75,316,678 | ~$43,878,659 | ~1.9000% | ~$833,702 | +128.5% |
| 2030 | ~$99,196,522 | ~$48,266,525 | ~1.8512% | ~$893,507 | +200.9% |
| 2031 | ~$130,647,690 | ~$53,093,177 | ~1.8024% | ~$956,936 | +296.3% |
In 2025, this property's market value of $32,966,686 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 24× the county median of $1,382,921. 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 | $32,966,686 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $18,465,720 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $18,465,720 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $8,980,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $8,980,000 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |