2300 E BEN WHITE BLVD AUSTIN, TX 78741
| Owner | BENQWEST LLC |
|---|---|
| Parcel ID | 0313040920 |
| Short ID | 291796 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,764 SF |
| Land SF | 25,000 SF |
| Acres | 0.574 |
| Year Built | 1971 |
| Legal | LOT 3 *1ST RESUB OF LOT 1 BLK L SANTA MONICA PARK SEC 3 |
| Neighborhood | 48CEN |
| Land | $1,250,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,250,000 |
| Improvement | $271,220 |
|---|---|
| Total Improvement | $271,220 |
| Market | $1,521,220 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,521,220 |
| Value Limitation Adjustment (−) (homestead cap) | −$670,323 |
| Net Appraised (assessed) | $850,897 |
| Taxable Value | $850,897 |
|---|
Appreciation: Market value has risen +164.5% from $575,041 (2021) to $1,521,220 (2025), a CAGR of 27.5% 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 $17,413. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($850,897) is $670,323 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 82% of market value ($1,250,000 land vs $271,220 improvements), about $50/SF of land. With value concentrated in the land under a ~55-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 $1,521,220, this parcel sits in the upper-middle (50th–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 +27.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,132,259 by 2030, with an estimated annual tax burden around $25,814. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,642 SF | ✗ |
| 1ST | 1st Floor | 1,764 SF | ✓ |
| 501 | CANOPY | 1,088 SF | ✗ |
| 611 | TERRACE | 316 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% | $7,872.50 | $7,872.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,458.84 | $4,458.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,198.05 | $3,198.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,004.25 | $1,004.25 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $879.83 | $879.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,413.47 | $17,413.47 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,180,920 | $1,521,220 | -22.4% |
| Assessed Value | $1,021,076 | $850,897 | +20.0% |
| Land Value | $1,250,000 | $1,250,000 | +0.0% |
| Improvement Value | — | $271,220 | — |
| Taxable Value | $1,021,076 | $850,897 | +20.0% |
| HS Cap Loss | -$159,844 | — | |
| Total Tax 2026 = estimate |
~$20,896
Estimated
|
~$17,413
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,535,362 | $1,180,920 | -354,442 (-23.1%) |
| Taxable Value | $1,021,076 | $1,021,076 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,180,920 | $1,250,000 | — | −$159,844 | $1,021,076 | $1,021,076 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,521,220 | $1,250,000 | $271,220 | −$670,323 | $850,897 | $850,897 | ~$17,413 | Partial |
| 2024 | $590,901 | — | — | — | $895,558 ! | $— | $14,053 | Verified |
| 2023 | $577,908 | — | — | −$202,908 | $375,000 | $— | $10,691 | Verified |
| 2022 | $577,000 | — | — | −$202,000 | $375,000 | $— | $11,413 | Verified |
| 2021 | $575,041 | — | — | −$200,041 | $375,000 | $— | $12,559 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +20.0% | 66.5% | Not available | Partial |
| 2025 | +69.9% | +20.0% | 55.9% | Not available | Partial |
| 2024 | +37.9% | +9.2% | 79.2% | 1.5700% | Verified |
| 2023 | +12.4% | +12.4% | ~100% | 1.6500% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +163.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -22.4% | +27.5% | +34.9% | +157.4% | 2025 | -22.4% | 2026 |
| Assessment Ratio | 86.5% | 81.5% | — | 151.6% | 2024 | 55.9% | 2025 |
| Effective Tax Rate (2025) | 1.1400% | 1.1400% | — | 1.1400% | 2025 | 1.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$17,413 | $13,226 | ~$22,202 | $17,413 | 2025 | $10,691 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,940,061 | ~$935,987 | ~2.0139% | ~$18,850 | +27.5% |
| 2027 | ~$2,474,222 | ~$1,029,585 | ~1.9814% | ~$20,400 | +62.6% |
| 2028 | ~$3,155,455 | ~$1,132,544 | ~1.9488% | ~$22,071 | +107.4% |
| 2029 | ~$4,024,253 | ~$1,245,798 | ~1.9163% | ~$23,873 | +164.5% |
| 2030 | ~$5,132,259 | ~$1,370,378 | ~1.8837% | ~$25,814 | +237.4% |
| 2026 | ~$1,909,636 | ~$935,987 | ~2.0465% | ~$19,155 | +25.5% |
| 2027 | ~$2,397,228 | ~$1,029,585 | ~2.0465% | ~$21,070 | +57.6% |
| 2028 | ~$3,009,317 | ~$1,132,544 | ~2.0465% | ~$23,177 | +97.8% |
| 2029 | ~$3,777,693 | ~$1,245,798 | ~2.0465% | ~$25,495 | +148.3% |
| 2030 | ~$4,742,259 | ~$1,370,378 | ~2.0465% | ~$28,045 | +211.7% |
| 2026 | ~$1,970,485 | ~$935,987 | ~1.9977% | ~$18,698 | +29.5% |
| 2027 | ~$2,552,433 | ~$1,029,585 | ~1.9488% | ~$20,065 | +67.8% |
| 2028 | ~$3,306,248 | ~$1,132,544 | ~1.9000% | ~$21,519 | +117.3% |
| 2029 | ~$4,282,690 | ~$1,245,798 | ~1.8512% | ~$23,062 | +181.5% |
| 2030 | ~$5,547,505 | ~$1,370,378 | ~1.8024% | ~$24,699 | +264.7% |
In 2025, this property's market value of $1,521,220 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +7% above 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 | $1,521,220 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $590,901 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $577,908 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $577,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $575,041 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.