5900 E BEN WHITE BLVD 2 TX 78744
| Owner | BEN WHITE QOZB LP |
|---|---|
| Parcel ID | 0314100703 |
| Short ID | 879638 |
| Type | Real |
| Use Code | 60 Industrial 20K+ SF (<25% FO) |
| Valuation | Cost |
| Improvement SF | 267,024 SF |
| Land SF | 1,131,166 SF |
| Acres | 25.968 |
| Year Built | 2022 |
| Legal | UNT 2 5900 BEN WHITE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA |
| Neighborhood | 61SEA |
| Land | $12,442,827 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,442,827 |
| Improvement | $31,507,173 |
|---|---|
| Total Improvement | $31,507,173 |
| Market | $43,950,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $43,950,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $43,950,000 |
| Taxable Value | $43,950,000 |
|---|
Appreciation: Market value has risen +1146.0% from $3,527,197 (2021) to $43,950,000 (2025), a CAGR of 87.9% 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 2.0702% in 2025 (+0.0420% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $909,846. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 28% of market value ($12,442,827 land vs $31,507,173 improvements), about $11/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $43,950,000, 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 +87.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,028,893,286 by 2030, with an estimated annual tax burden around $1,246,960. 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 | 417,000 SF | ✗ |
| 1ST | 1st Floor | 267,024 SF | ✓ |
| 491 | SPRINKLER HEADS | 267,024 SF | ✗ |
| 408 | LOADING RAMP | 8,000 SF | ✓ |
| 482 | LIGHT POLES | 24 SF | ✓ |
| 413 | STAIRWAY EXT | 21 SF | ✓ |
Market value changed by 925% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $417,041.55 | $417,041.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $230,305.47 | $230,305.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $165,183.88 | $165,183.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $51,871.11 | $51,871.11 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $45,444.30 | $45,444.30 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $909,846.31 | $909,846.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $53,500,000 | $43,950,000 | +21.7% |
| Assessed Value | $53,500,000 | $43,950,000 | +21.7% |
| Land Value | $12,442,827 | $12,442,827 | +0.0% |
| Improvement Value | $41,057,173 | $31,507,173 | +30.3% |
| Taxable Value | $53,500,000 | $43,950,000 | +21.7% |
| Total Tax 2026 = estimate |
~$1,107,549
Estimated
|
~$909,846
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $56,599,733 | $53,500,000 | -3,099,733 (-5.5%) |
| Taxable Value | $56,599,733 | $53,500,000 | -3,099,733 (-5.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $53,500,000 | $12,442,827 | $41,057,173 | — | $53,500,000 | $53,500,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $43,950,000 | $12,442,827 | $31,507,173 | — | $43,950,000 | $43,950,000 | ~$909,846 | Partial |
| 2024 | $3,736,830 | — | — | — | $12,442,827 ! | $— | $777,003 | Verified |
| 2023 | $3,700,052 | — | — | −$306,554 | $3,393,498 | $— | $72,963 | Verified |
| 2022 | $3,657,226 | — | — | −$263,728 | $3,393,498 | $— | $80,029 | Verified |
| 2021 | $3,527,197 | — | — | −$133,699 | $3,393,498 | $— | $84,737 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.8% | +28.8% | ~100% | Not available | Partial |
| 2025 | +14.7% | +14.7% | ~100% | Not available | Partial |
| 2024 | +925.2% ! | +925.2% | ~100% | 2.0300% | Verified |
| 2023 | +1.0% | +1.0% | ~100% | 1.9500% | Verified |
| 2022 | +1.2% | +1.2% | ~100% | 2.1600% | Verified |
| 2021 | base year | — | ~100% | 2.4000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1101.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.7% | +220.7% | +81.2% | +1076.1% | 2025 | +1.0% | 2024 |
| Assessment Ratio | 100.0% | 135.6% | — | 333.0% | 2024 | 91.7% | 2023 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$909,846 | $384,916 | ~$1,105,857 | $909,846 | 2025 | $72,963 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$82,573,591 | ~$48,345,000 | ~2.0085% | ~$971,003 | +87.9% |
| 2027 | ~$155,139,883 | ~$53,179,500 | ~1.9468% | ~$1,035,292 | +253.0% |
| 2028 | ~$291,477,980 | ~$58,497,450 | ~1.8851% | ~$1,102,729 | +563.2% |
| 2029 | ~$547,631,023 | ~$64,347,195 | ~1.8234% | ~$1,173,301 | +1146.0% |
| 2030 | ~$1,028,893,286 | ~$70,781,915 | ~1.7617% | ~$1,246,960 | +2241.1% |
| 2026 | ~$81,694,591 | ~$48,345,000 | ~2.0702% | ~$1,000,831 | +85.9% |
| 2027 | ~$151,854,520 | ~$53,179,500 | ~2.0702% | ~$1,100,914 | +245.5% |
| 2028 | ~$282,268,324 | ~$58,497,450 | ~2.0702% | ~$1,211,005 | +542.2% |
| 2029 | ~$524,682,485 | ~$64,347,195 | ~2.0702% | ~$1,332,106 | +1093.8% |
| 2030 | ~$975,283,750 | ~$70,781,915 | ~2.0702% | ~$1,465,317 | +2119.1% |
| 2026 | ~$83,452,591 | ~$48,345,000 | ~1.9776% | ~$956,089 | +89.9% |
| 2027 | ~$158,460,407 | ~$53,179,500 | ~1.8851% | ~$1,002,481 | +260.5% |
| 2028 | ~$300,885,813 | ~$58,497,450 | ~1.7925% | ~$1,048,591 | +584.6% |
| 2029 | ~$571,324,246 | ~$64,347,195 | ~1.7000% | ~$1,093,898 | +1199.9% |
| 2030 | ~$1,084,834,777 | ~$70,781,915 | ~1.6074% | ~$1,137,781 | +2368.3% |
In 2025, this property's market value of $43,950,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 31× 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 | $43,950,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,736,830 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,700,052 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,657,226 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,527,197 | $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.