2001 E BEN WHITE BLVD TX 78741
| Owner | RS SOUTHPARK RETAIL LTD |
|---|---|
| Parcel ID | 0312020704 |
| Short ID | 572969 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 14,626 SF |
| Land SF | 97,313 SF |
| Acres | 2.234 |
| Year Built | 1984 |
| Legal | LOT 3 BLK A SOUTH PARK RETAIL CENTER AMENDED PLAT OF LOTS 1,2&3 |
| Neighborhood | 43SEA |
| Land | $4,865,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,865,650 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $4,500,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,500,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$1,728,000 |
| Net Appraised (assessed) | $2,772,000 |
| Taxable Value | $2,772,000 |
|---|
Appreciation: Market value has risen +104.5% from $2,200,000 (2021) to $4,500,000 (2025), a CAGR of 19.6% 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 +24.1%, 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 $56,729. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,772,000) is $1,728,000 below market value, suggesting potential for an upward assessment in future years.
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 108% of market value ($4,865,650 land vs $0 improvements), about $50/SF of land. With value concentrated in the land under a ~42-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 $4,500,000, 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 +19.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,007,782 by 2030, with an estimated annual tax burden around $84,097. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 62,100 SF | ✗ |
| 1ST | 1st Floor | 14,626 SF | ✓ |
| 501 | CANOPY | 2,678 SF | ✗ |
| 611 | TERRACE | 1,240 SF | ✗ |
| 482 | LIGHT POLES | 4 SF | ✓ |
Market value changed by 137% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $25,646.54 | $25,646.54 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,525.75 | $14,525.75 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,418.42 | $10,418.42 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,271.60 | $3,271.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,866.25 | $2,866.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $56,728.56 | $56,728.56 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,221,059 | $4,500,000 | -28.4% |
| Assessed Value | $3,221,059 | $2,772,000 | +16.2% |
| Land Value | $4,865,650 | $4,865,650 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $3,221,059 | $2,772,000 | +16.2% |
| Total Tax 2026 = estimate |
~$65,918
Estimated
|
~$56,729
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,086,709 | $3,221,059 | -1,865,650 (-36.7%) |
| Taxable Value | $3,326,400 | $3,221,059 | -105,341 (-3.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,221,059 | $4,865,650 | — | — | $3,221,059 | $3,221,059 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,500,000 | $4,865,650 | — | −$1,728,000 | $2,772,000 | $2,772,000 | ~$56,729 | Partial |
| 2024 | $1,925,000 | — | — | — | $4,865,650 ! | $— | $48,579 | Verified |
| 2023 | $1,919,000 | — | — | −$459,305 | $1,459,695 | $— | $34,828 | Verified |
| 2022 | $1,862,820 | — | — | −$403,125 | $1,459,695 | $— | $37,899 | Verified |
| 2021 | $2,200,000 | — | — | −$740,305 | $1,459,695 | $— | $40,548 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +13.0% | +20.0% | 65.4% | Not available | Partial |
| 2025 | -11.3% | -45.4% | 61.6% | Not available | Partial |
| 2024 | +137.2% ! | +137.2% | ~100% | 0.9600% | Verified |
| 2023 | +11.5% | +11.5% | ~100% | 1.6300% | Verified |
| 2022 | -11.3% | -11.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.8400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +107.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -28.4% | +18.7% | +29.1% | +133.8% | 2025 | -28.4% | 2026 |
| Assessment Ratio | 100.0% | 105.9% | — | 252.8% | 2024 | 61.6% | 2025 |
| Effective Tax Rate (2025) | 1.2600% | 1.2600% | — | 1.2600% | 2025 | 1.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$56,729 | $43,716 | ~$72,328 | $56,729 | 2025 | $34,828 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,381,582 | ~$3,049,200 | ~2.0139% | ~$61,409 | +19.6% |
| 2027 | ~$6,435,872 | ~$3,354,120 | ~1.9814% | ~$66,458 | +43.0% |
| 2028 | ~$7,696,706 | ~$3,689,532 | ~1.9488% | ~$71,903 | +71.0% |
| 2029 | ~$9,204,545 | ~$4,058,485 | ~1.9163% | ~$77,772 | +104.5% |
| 2030 | ~$11,007,782 | ~$4,464,334 | ~1.8837% | ~$84,097 | +144.6% |
| 2026 | ~$5,291,582 | ~$3,049,200 | ~2.0465% | ~$62,401 | +17.6% |
| 2027 | ~$6,222,409 | ~$3,354,120 | ~2.0465% | ~$68,642 | +38.3% |
| 2028 | ~$7,316,975 | ~$3,689,532 | ~2.0465% | ~$75,506 | +62.6% |
| 2029 | ~$8,604,084 | ~$4,058,485 | ~2.0465% | ~$83,056 | +91.2% |
| 2030 | ~$10,117,603 | ~$4,464,334 | ~2.0465% | ~$91,362 | +124.8% |
| 2026 | ~$5,471,582 | ~$3,049,200 | ~1.9977% | ~$60,913 | +21.6% |
| 2027 | ~$6,652,936 | ~$3,354,120 | ~1.9488% | ~$65,366 | +47.8% |
| 2028 | ~$8,089,352 | ~$3,689,532 | ~1.9000% | ~$70,102 | +79.8% |
| 2029 | ~$9,835,901 | ~$4,058,485 | ~1.8512% | ~$75,130 | +118.6% |
| 2030 | ~$11,959,542 | ~$4,464,334 | ~1.8024% | ~$80,464 | +165.8% |
In 2025, this property's market value of $4,500,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,500,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $1,925,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,919,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,862,820 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,200,000 | $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.