1112 W BEN WHITE BLVD AUSTIN, TX
| Owner | ALMA TIERRA VENTURES LLC |
|---|---|
| Parcel ID | 0408080807 |
| Short ID | 311232 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 24,365 SF |
| Land SF | 72,309 SF |
| Acres | 1.660 |
| Year Built | 1982 |
| Legal | LOT 1 LESS S 92.15'AV ONE PARK PLACE II |
| Neighborhood | 52SCN |
| Land | $5,423,175 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,423,175 |
| Improvement | $290,164 |
|---|---|
| Total Improvement | $290,164 |
| Market | $5,713,339 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,713,339 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,713,339 |
| Taxable Value | $5,713,339 |
|---|
Appreciation: Market value has risen +47.6% from $3,870,702 (2021) to $5,713,339 (2025), a CAGR of 10.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), 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 $116,923. 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 95% of market value ($5,423,175 land vs $290,164 improvements), about $75/SF of land. With value concentrated in the land under a ~44-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 $5,713,339, 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 +10.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,295,341 by 2030, with an estimated annual tax burden around $173,330. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 15,573 SF | ✗ |
| 1ST | 1st Floor | 8,129 SF | ✓ |
| 2ND | 2nd Floor | 8,129 SF | ✓ |
| 3RD | 3rd Floor | 8,107 SF | ✓ |
| 501 | CANOPY | 214 SF | ✗ |
| SO | Sketch Only | 214 SF | ✗ |
| 482 | LIGHT POLES | 19 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% | $52,859.81 | $52,859.81 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $29,938.87 | $29,938.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,473.30 | $21,473.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,743.05 | $6,743.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,907.59 | $5,907.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $116,922.62 | $116,922.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,025,555 | $5,713,339 | +5.5% |
| Assessed Value | $6,025,555 | $5,713,339 | +5.5% |
| Land Value | $5,423,175 | $5,423,175 | +0.0% |
| Improvement Value | $602,380 | $290,164 | +107.6% |
| Taxable Value | $6,025,555 | $5,713,339 | +5.5% |
| Total Tax 2026 = estimate |
~$123,312
Estimated
|
~$116,923
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,025,555 | $6,025,555 | +0 (+0.0%) |
| Taxable Value | $6,025,555 | $6,025,555 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,025,555 | $5,423,175 | $602,380 | — | $6,025,555 | $6,025,555 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,713,339 | $5,423,175 | $290,164 | — | $5,713,339 | $5,713,339 | ~$116,923 | Partial |
| 2024 | $5,872,983 | — | — | −$449,808 | $5,423,175 | $— | $113,059 | Verified |
| 2023 | $5,975,046 | — | — | −$102,063 | $5,872,983 | $— | $106,257 | Verified |
| 2022 | $4,090,000 | — | — | −$2,137,657 | $1,952,343 | $— | $118,003 | Verified |
| 2021 | $3,870,702 | — | — | −$1,918,359 | $1,952,343 | $— | $89,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.5% | +5.5% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -2.9% | -2.9% | ~100% | 1.9800% | Verified |
| 2023 | -1.7% | -1.7% | ~100% | 1.8100% | Verified |
| 2022 | +3.7% | +3.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -0.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.5% | +10.6% | +9.1% | +46.1% | 2023 | -2.7% | 2025 |
| Assessment Ratio | 100.0% | 81.5% | — | 100.0% | 2025 | 47.7% | 2022 |
| 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 |
$116,923 | $108,653 | ~$149,074 | $118,003 | 2022 | $89,026 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,297,455 | ~$6,284,673 | ~2.0139% | ~$126,569 | +10.2% |
| 2027 | ~$6,941,289 | ~$6,913,140 | ~1.9814% | ~$136,976 | +21.5% |
| 2028 | ~$7,650,947 | ~$7,604,454 | ~1.9488% | ~$148,199 | +33.9% |
| 2029 | ~$8,433,158 | ~$8,364,900 | ~1.9163% | ~$160,296 | +47.6% |
| 2030 | ~$9,295,341 | ~$9,201,390 | ~1.8837% | ~$173,330 | +62.7% |
| 2026 | ~$6,183,188 | ~$6,183,188 | ~2.0465% | ~$126,538 | +8.2% |
| 2027 | ~$6,691,676 | ~$6,691,676 | ~2.0465% | ~$136,944 | +17.1% |
| 2028 | ~$7,241,981 | ~$7,241,981 | ~2.0465% | ~$148,206 | +26.8% |
| 2029 | ~$7,837,541 | ~$7,837,541 | ~2.0465% | ~$160,394 | +37.2% |
| 2030 | ~$8,482,078 | ~$8,482,078 | ~2.0465% | ~$173,584 | +48.5% |
| 2026 | ~$6,411,722 | ~$6,284,673 | ~1.9977% | ~$125,547 | +12.2% |
| 2027 | ~$7,195,472 | ~$6,913,140 | ~1.9488% | ~$134,726 | +25.9% |
| 2028 | ~$8,075,027 | ~$7,604,454 | ~1.9000% | ~$144,486 | +41.3% |
| 2029 | ~$9,062,096 | ~$8,364,900 | ~1.8512% | ~$154,851 | +58.6% |
| 2030 | ~$10,169,821 | ~$9,201,390 | ~1.8024% | ~$165,843 | +78.0% |
In 2025, this property's market value of $5,713,339 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,713,339 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,872,983 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $5,975,046 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,090,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,870,702 | $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.