5315 E BEN WHITE BLVD TX 78741
| Owner | CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY |
|---|---|
| Parcel ID | 0314080208 |
| Short ID | 291873 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 10,090 SF |
| Land SF | 499,459 SF |
| Acres | 11.466 |
| Year Built | 2010 |
| Legal | LOT 1 LESS N 135' AV SANTIAGO DEL VALLE BUSINESS CENTER |
| Neighborhood | 80SEA |
| Land | $8,981,271 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,981,271 |
| Improvement | $1,735,713 |
|---|---|
| Total Improvement | $1,735,713 |
| Market | $10,716,984 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $10,716,984 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $10,716,984 |
| Taxable Value | $10,716,984 |
|---|
Appreciation: Market value has risen +146.7% from $4,345,000 (2021) to $10,716,984 (2025), a CAGR of 25.3% 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.
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 84% of market value ($8,981,271 land vs $1,735,713 improvements), about $18/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 $10,716,984, 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 +25.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $33,126,541 by 2030, with an estimated annual tax burden around $0. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 150,125 SF | ✗ |
| 1ST | 1st Floor | 10,090 SF | ✓ |
| 491 | SPRINKLER HEADS | 4,610 SF | ✗ |
| 501 | CANOPY | 1,592 SF | ✗ |
| 611 | TERRACE | 1,592 SF | ✗ |
| 482 | LIGHT POLES | 30 SF | ✓ |
Market value changed by 123% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $10,742,806 | $10,716,984 | +0.2% |
| Assessed Value | $10,742,806 | $10,716,984 | +0.2% |
| Land Value | $8,981,271 | $8,981,271 | +0.0% |
| Improvement Value | $1,761,535 | $1,735,713 | +1.5% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $10,742,806 | $10,742,806 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $10,742,806 | $8,981,271 | $1,761,535 | — | $10,742,806 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $10,716,984 | $8,981,271 | $1,735,713 | — | $10,716,984 | $— | not in county billing file ⓘ | Partial |
| 2024 | $4,806,429 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $4,496,712 | — | — | −$1,502,955 | $2,993,757 | $— | $93,848 | Verified |
| 2022 | $4,345,000 | — | — | −$1,351,243 | $2,993,757 | $— | $97,260 | Verified |
| 2021 | $4,345,000 | — | — | −$1,351,243 | $2,993,757 | $— | $100,673 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -0.0% | -0.0% | ~100% | Not available | Partial |
| 2024 | +123.0% ! | +123.0% | ~100% | No billing data | Verified |
| 2023 | +6.9% | +6.9% | ~100% | 1.9500% | Verified |
| 2022 | +3.5% | +3.5% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +146.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +26.7% | +25.3% | +123.0% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 80.9% | — | 100.0% | 2025 | 66.6% | 2023 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Tax Amount | $93,848 | $97,260 | — | $100,673 | 2021 | $93,848 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$13,430,534 | ~$11,788,682 | ~0.0000% | ~$0 | +25.3% |
| 2027 | ~$16,831,157 | ~$12,967,551 | ~0.0000% | ~$0 | +57.1% |
| 2028 | ~$21,092,822 | ~$14,264,306 | ~0.0000% | ~$0 | +96.8% |
| 2029 | ~$26,433,543 | ~$15,690,736 | ~0.0000% | ~$0 | +146.7% |
| 2030 | ~$33,126,541 | ~$17,259,810 | ~0.0000% | ~$0 | +209.1% |
| 2026 | ~$13,216,194 | ~$11,788,682 | ~0.0000% | ~$0 | +23.3% |
| 2027 | ~$16,298,223 | ~$12,967,551 | ~0.0000% | ~$0 | +52.1% |
| 2028 | ~$20,098,983 | ~$14,264,306 | ~0.0000% | ~$0 | +87.5% |
| 2029 | ~$24,786,084 | ~$15,690,736 | ~0.0000% | ~$0 | +131.3% |
| 2030 | ~$30,566,222 | ~$17,259,810 | ~0.0000% | ~$0 | +185.2% |
| 2026 | ~$13,644,874 | ~$11,788,682 | ~0.0000% | ~$0 | +27.3% |
| 2027 | ~$17,372,666 | ~$12,967,551 | ~0.0000% | ~$0 | +62.1% |
| 2028 | ~$22,118,894 | ~$14,264,306 | ~0.0000% | ~$0 | +106.4% |
| 2029 | ~$28,161,795 | ~$15,690,736 | ~0.0000% | ~$0 | +162.8% |
| 2030 | ~$35,855,623 | ~$17,259,810 | ~0.0000% | ~$0 | +234.6% |
In 2025, this property's market value of $10,716,984 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 8× 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 | $10,716,984 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,806,429 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,496,712 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,345,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,345,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |