7205 BEN WHITE BLVD 78741
| Owner | VERANDA APARTMENTS LP |
|---|---|
| Parcel ID | 0315110824 |
| Short ID | 979495 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 785,809 SF |
| Acres | 18.040 |
| Year Built | — |
| Legal | VERANDA APARTMENTS BLK A LOT 1 (1-D-1W) |
| Neighborhood | SE |
| Land | $6,286,475 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,286,475 |
| Improvement | $41,706,844 |
|---|---|
| Total Improvement | $41,706,844 |
| Market | $47,993,319 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,993,319 |
| Value Limitation Adjustment (−) (homestead cap) | −$2,208,616 |
| Net Appraised (assessed) | $45,784,703 |
| Taxable Value | $45,784,703 |
|---|
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 $947,828. Del Valle ISD is the largest single contributor, at 45.8% of the total 2025 levy.
Assessment Gap: Assessed value ($45,784,703) is $2,208,616 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Multi-family residential. 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 13% of market value ($6,286,475 land vs $41,706,844 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $47,993,319, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 309,375 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $434,451.05 | $434,451.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $239,919.63 | $239,919.63 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $172,079.52 | $172,079.52 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $54,036.48 | $54,036.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $47,341.38 | $47,341.38 | Paid |
| Combined Rate | 2.3170% | 2.1629% | 1.9525% | 2.0282% | 2.0702% | +0.0420% | $947,828.06 | $947,828.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $64,890,000 | $47,993,319 | +35.2% |
| Assessed Value | $64,890,000 | $45,784,703 | +41.7% |
| Land Value | $6,286,475 | $6,286,475 | +0.0% |
| Improvement Value | $58,603,525 | $41,706,844 | +40.5% |
| Taxable Value | $64,890,000 | $45,784,703 | +41.7% |
| Total Tax 2026 = estimate |
~$1,343,343
Estimated
|
~$947,828
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $75,255,015 | $64,890,000 | -10,365,015 (-13.8%) |
| Taxable Value | $75,255,015 | $64,890,000 | -10,365,015 (-13.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $64,890,000 | $6,286,475 | $58,603,525 | — | $64,890,000 | $64,890,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $47,993,319 | $6,286,475 | $41,706,844 | −$2,208,616 | $45,784,703 | $45,784,703 | ~$947,828 | Partial |
| 2024 | $— | — | — | — | — | $— | $977,085 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +56.8% | +64.4% | ~100% | Not available | Partial |
| 2025 | -4.7% | -5.0% | 95.4% | Not available | Partial |
| 2024 | base year | — | 95.6% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -4.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +35.2% | +35.2% | — | +35.2% | 2026 | +35.2% | 2026 |
| Assessment Ratio | 100.0% | 97.7% | — | 100.0% | 2026 | 95.4% | 2025 |
| Effective Tax Rate (2025) | 1.9700% | 1.9700% | — | 1.9700% | 2025 | 1.9700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$947,828 | $947,828 | — | $947,828 | 2025 | $947,828 | 2025 |
In 2025, this property's market value of $47,993,319 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 92× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $47,993,319 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | — | $467,458 | $564,615 | $848,565 | — | -6.3% |
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.