2028 E BEN WHITE BLVD TX 78741
| Owner | 2028 EAST BEN WHITE BLVD |
|---|---|
| Parcel ID | 0312020103 |
| Short ID | 291445 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 36,765 SF |
| Land SF | 152,459 SF |
| Acres | 3.500 |
| Year Built | 1985 |
| Legal | LOT 1 & 2 ALLIED BANK SUBD |
| Neighborhood | 51SEA |
| Land | $7,622,950 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,622,950 |
| Improvement | $55,841 |
|---|---|
| Total Improvement | $55,841 |
| Market | $7,678,791 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,678,791 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,678,791 |
| Taxable Value | $7,678,791 |
|---|
Appreciation: Market value has fallen -23.7% from $10,061,400 (2021) to $7,678,791 (2025), a CAGR of -6.5% 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 $157,145. 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 99% of market value ($7,622,950 land vs $55,841 improvements), about $50/SF of land. With value concentrated in the land under a ~41-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 $7,678,791, 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 -6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,477,544 by 2030, with an estimated annual tax burden around $103,183. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 105,480 SF | ✗ |
| 4TH | 4th Floor | 13,115 SF | ✓ |
| 3RD | 3rd Floor | 12,925 SF | ✓ |
| 2ND | 2nd Floor | 12,735 SF | ✓ |
| 1ST | 1st Floor | 11,105 SF | ✓ |
| 5TH | 5th Floor | 9,472 SF | ✓ |
| 501 | CANOPY | 2,559 SF | ✗ |
| SO | Sketch Only | 1,987 SF | ✗ |
| LOBBY | Lobby | 1,368 SF | ✓ |
| 051C | CARPORT DET 1ST COMM | 576 SF | ✗ |
| 505 | BALCONY | 508 SF | ✓ |
| 611 | TERRACE | 168 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $63,468.72 | $63,468.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,947.57 | $35,947.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,782.97 | $25,782.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,096.38 | $8,096.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,093.24 | $7,093.24 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $140,388.88 | $140,388.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,860,000 | $7,678,791 | -10.7% |
| Assessed Value | $6,860,000 | $7,678,791 | -10.7% |
| Land Value | $7,622,950 | $7,622,950 | +0.0% |
| Improvement Value | — | $55,841 | — |
| Taxable Value | $6,860,000 | $7,678,791 | -10.7% |
| Total Tax 2026 = estimate |
~$140,389
Estimated
|
~$140,389
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,860,000 | $6,860,000 | +0 (+0.0%) |
| Taxable Value | $6,860,000 | $6,860,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,860,000 | $7,622,950 | — | — | $6,860,000 | $6,860,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,678,791 | $7,622,950 | $55,841 | — | $7,678,791 | $7,678,791 | ~$140,389 | Partial |
| 2024 | $7,500,000 | — | — | −$977,166 | $6,522,834 | $— | $129,270 | Verified |
| 2023 | $9,800,000 | — | — | −$7,513,115 | $2,286,885 | $— | $136,244 | Verified |
| 2022 | $9,965,500 | — | — | −$7,678,615 | $2,286,885 | $— | $193,977 | Verified |
| 2021 | $10,061,400 | — | — | −$7,774,515 | $2,286,885 | $— | $205,200 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -10.7% | -10.7% | ~100% | Not available | Partial |
| 2025 | +17.7% | +17.7% | ~100% | Not available | Partial |
| 2024 | -19.1% | -19.1% | ~100% | 1.9800% | Verified |
| 2023 | -21.3% | -21.3% | ~100% | 1.6900% | Verified |
| 2022 | +2.8% | +2.8% | ~100% | 1.8900% | Verified |
| 2021 | base year | — | ~100% | 2.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -22.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.7% | -6.9% | -4.3% | +2.4% | 2025 | -23.5% | 2024 |
| Assessment Ratio | 100.0% | 59.3% | — | 100.0% | 2025 | 22.7% | 2021 |
| Effective Tax Rate (2025) | 1.8300% | 1.8300% | — | 1.8300% | 2025 | 1.8300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$140,389 | $161,016 | ~$123,028 | $205,200 | 2021 | $129,270 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,177,141 | ~$7,177,141 | ~2.0139% | ~$144,543 | -6.5% |
| 2027 | ~$6,708,263 | ~$6,708,263 | ~1.9814% | ~$132,917 | -12.6% |
| 2028 | ~$6,270,016 | ~$6,270,016 | ~1.9488% | ~$122,193 | -18.3% |
| 2029 | ~$5,860,400 | ~$5,860,400 | ~1.9163% | ~$112,302 | -23.7% |
| 2030 | ~$5,477,544 | ~$5,477,544 | ~1.8837% | ~$103,183 | -28.7% |
| 2026 | ~$7,294,851 | ~$7,294,851 | ~2.0465% | ~$149,288 | -5.0% |
| 2027 | ~$6,930,109 | ~$6,930,109 | ~2.0465% | ~$141,824 | -9.7% |
| 2028 | ~$6,583,603 | ~$6,583,603 | ~2.0465% | ~$134,732 | -14.3% |
| 2029 | ~$6,254,423 | ~$6,254,423 | ~2.0465% | ~$127,996 | -18.5% |
| 2030 | ~$5,941,702 | ~$5,941,702 | ~2.0465% | ~$121,596 | -22.6% |
| 2026 | ~$7,330,716 | ~$7,330,716 | ~1.9977% | ~$146,443 | -4.5% |
| 2027 | ~$6,998,420 | ~$6,998,420 | ~1.9488% | ~$136,388 | -8.9% |
| 2028 | ~$6,681,186 | ~$6,681,186 | ~1.9000% | ~$126,944 | -13.0% |
| 2029 | ~$6,378,332 | ~$6,378,332 | ~1.8512% | ~$118,075 | -16.9% |
| 2030 | ~$6,089,207 | ~$6,089,207 | ~1.8024% | ~$109,750 | -20.7% |
In 2025, this property's market value of $7,678,791 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,678,791 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $9,800,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $9,965,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $10,061,400 | $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.