1500 W BEN WHITE BLVD TX 78704
| Owner | 1500 WEST BEN WHITE BLVD LLC |
|---|---|
| Parcel ID | 0406090138 |
| Short ID | 308014 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,000 SF |
| Land SF | 14,281 SF |
| Acres | 0.328 |
| Year Built | 1979 |
| Legal | LOT B *RESUB OF PT OF LT 6 BANISTER HEIGHTS |
| Neighborhood | 20CEN |
| Land | $1,428,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,428,100 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,038,407 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,038,407 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,038,407 |
| Taxable Value | $1,038,407 |
|---|
Appreciation: Market value has risen +36.6% from $760,055 (2021) to $1,038,407 (2025), a CAGR of 8.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $21,251. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
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 138% of market value ($1,428,100 land vs $0 improvements), about $100/SF of land. With value concentrated in the land under a ~47-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 $1,038,407, this parcel sits in the lower-middle (25th–50th 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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,533,807 by 2030, with an estimated annual tax burden around $28,893. 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 | 7,000 SF | ✗ |
| 1ST | 1st Floor | 3,000 SF | ✓ |
| 501 | CANOPY | 160 SF | ✗ |
| 611 | TERRACE | 16 SF | ✗ |
Market value changed by 102% in 2023, 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% | $9,607.34 | $9,607.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,441.43 | $5,441.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,902.80 | $3,902.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,225.56 | $1,225.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,073.71 | $1,073.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,250.84 | $21,250.84 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,041,000 | $1,038,407 | +0.2% |
| Assessed Value | $1,041,000 | $1,038,407 | +0.2% |
| Land Value | $1,428,100 | $1,428,100 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,041,000 | $1,038,407 | +0.2% |
| Total Tax 2026 = estimate |
~$21,304
Estimated
|
~$21,251
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,469,771 | $1,041,000 | -428,771 (-29.2%) |
| Taxable Value | $1,246,088 | $1,041,000 | -205,088 (-16.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,041,000 | $1,428,100 | — | — | $1,041,000 | $1,041,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,038,407 | $1,428,100 | — | — | $1,038,407 | $1,038,407 | ~$21,251 | Partial |
| 2024 | $1,445,759 | — | — | −$17,659 | $1,428,100 | $— | $29,815 | Verified |
| 2023 | $680,415 | — | — | — | $1,428,100 ! | $— | $26,157 | Verified |
| 2022 | $670,000 | — | — | −$98,760 | $571,240 | $— | $13,438 | Verified |
| 2021 | $760,055 | — | — | −$188,815 | $571,240 | $— | $14,584 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.5% | +20.0% | 84.8% | Not available | Partial |
| 2025 | -31.0% | -31.0% | ~100% | Not available | Partial |
| 2024 | +4.1% | +4.1% | ~100% | 1.9800% | Verified |
| 2023 | +101.7% ! | +101.7% | ~100% | 1.8100% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.8700% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +49.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +14.9% | +8.1% | +112.5% | 2024 | -28.2% | 2025 |
| Assessment Ratio | 100.0% | 111.5% | — | 209.9% | 2023 | 75.2% | 2021 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,251 | $21,049 | ~$25,662 | $29,815 | 2024 | $13,438 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,122,660 | ~$1,122,660 | ~2.0139% | ~$22,610 | +8.1% |
| 2027 | ~$1,213,749 | ~$1,213,749 | ~1.9814% | ~$24,049 | +16.9% |
| 2028 | ~$1,312,229 | ~$1,312,229 | ~1.9488% | ~$25,573 | +26.4% |
| 2029 | ~$1,418,699 | ~$1,418,699 | ~1.9163% | ~$27,186 | +36.6% |
| 2030 | ~$1,533,807 | ~$1,533,807 | ~1.8837% | ~$28,893 | +47.7% |
| 2026 | ~$1,101,892 | ~$1,101,892 | ~2.0465% | ~$22,550 | +6.1% |
| 2027 | ~$1,169,258 | ~$1,169,258 | ~2.0465% | ~$23,929 | +12.6% |
| 2028 | ~$1,240,743 | ~$1,240,743 | ~2.0465% | ~$25,392 | +19.5% |
| 2029 | ~$1,316,598 | ~$1,316,598 | ~2.0465% | ~$26,944 | +26.8% |
| 2030 | ~$1,397,090 | ~$1,397,090 | ~2.0465% | ~$28,591 | +34.5% |
| 2026 | ~$1,143,428 | ~$1,142,248 | ~1.9977% | ~$22,818 | +10.1% |
| 2027 | ~$1,259,071 | ~$1,256,472 | ~1.9488% | ~$24,487 | +21.3% |
| 2028 | ~$1,386,409 | ~$1,382,120 | ~1.9000% | ~$26,261 | +33.5% |
| 2029 | ~$1,526,626 | ~$1,520,332 | ~1.8512% | ~$28,144 | +47.0% |
| 2030 | ~$1,681,024 | ~$1,672,365 | ~1.8024% | ~$30,142 | +61.9% |
In 2025, this property's market value of $1,038,407 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -27% below 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 | $1,038,407 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,445,759 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $680,415 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $670,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $760,055 | $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.