2403 W BEN WHITE BLVD AUSTIN, TX
| Owner | JAMA REAL ESTATE LLC |
|---|---|
| Parcel ID | 0408111014 |
| Short ID | 509187 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,829 SF |
| Land SF | 7,500 SF |
| Acres | 0.172 |
| Year Built | 1966 |
| Legal | LOT 4 * RESUB OF LOT 2 FRONTIER VILLAGE SEC 3 |
| Neighborhood | 53SOU |
| Land | $450,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $450,000 |
| Improvement | $674,695 |
|---|---|
| Total Improvement | $674,695 |
| Market | $1,124,695 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,124,695 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,124,695 |
| Taxable Value | $1,124,695 |
|---|
Appreciation: Market value has risen +84.2% from $610,565 (2021) to $1,124,695 (2025), a CAGR of 16.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $23,017. 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 40% of market value ($450,000 land vs $674,695 improvements), about $60/SF of land. Most value sits in the improvements, so building condition, age (~60 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,124,695, 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 +16.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,413,589 by 2030, with an estimated annual tax burden around $34,121. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 1ST | 1st Floor | 1,829 SF | ✓ |
| 501 | CANOPY | 195 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% | $10,405.68 | $10,405.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,893.59 | $5,893.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,227.11 | $4,227.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,327.40 | $1,327.40 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,162.93 | $1,162.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,016.71 | $23,016.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $892,989 | $1,124,695 | -20.6% |
| Assessed Value | $892,989 | $1,124,695 | -20.6% |
| Land Value | $450,000 | $450,000 | +0.0% |
| Improvement Value | $442,989 | $674,695 | -34.3% |
| Taxable Value | $892,989 | $1,124,695 | -20.6% |
| Total Tax 2026 = estimate |
~$18,275
Estimated
|
~$23,017
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $892,989 | $892,989 | +0 (+0.0%) |
| Taxable Value | $892,989 | $892,989 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $892,989 | $450,000 | $442,989 | — | $892,989 | $892,989 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,124,695 | $450,000 | $674,695 | — | $1,124,695 | $1,124,695 | ~$23,017 | Partial |
| 2024 | $957,035 | — | — | −$507,035 | $450,000 | $— | $22,760 | Verified |
| 2023 | $723,010 | — | — | −$423,010 | $300,000 | $— | $17,315 | Verified |
| 2022 | $713,173 | — | — | −$413,173 | $300,000 | $— | $14,279 | Verified |
| 2021 | $610,565 | — | — | −$310,565 | $300,000 | $— | $15,524 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -20.6% | -20.6% | ~100% | Not available | Partial |
| 2025 | -27.3% | -2.1% | ~100% | Not available | Partial |
| 2024 | +61.7% | +20.0% | 74.2% | 1.4700% | Verified |
| 2023 | +32.4% | +32.4% | ~100% | 1.8100% | Verified |
| 2022 | +1.4% | +1.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -20.6% | +9.5% | +22.5% | +32.4% | 2024 | -20.6% | 2026 |
| Assessment Ratio | 100.0% | 63.3% | — | 100.0% | 2025 | 41.5% | 2023 |
| 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 |
$23,017 | $18,579 | ~$29,346 | $23,017 | 2025 | $14,279 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,310,269 | ~$1,237,164 | ~2.0139% | ~$24,916 | +16.5% |
| 2027 | ~$1,526,463 | ~$1,360,881 | ~1.9814% | ~$26,964 | +35.7% |
| 2028 | ~$1,778,328 | ~$1,496,969 | ~1.9488% | ~$29,174 | +58.1% |
| 2029 | ~$2,071,751 | ~$1,646,666 | ~1.9163% | ~$31,555 | +84.2% |
| 2030 | ~$2,413,589 | ~$1,811,333 | ~1.8837% | ~$34,121 | +114.6% |
| 2026 | ~$1,287,775 | ~$1,237,164 | ~2.0465% | ~$25,318 | +14.5% |
| 2027 | ~$1,474,502 | ~$1,360,881 | ~2.0465% | ~$27,850 | +31.1% |
| 2028 | ~$1,688,304 | ~$1,496,969 | ~2.0465% | ~$30,635 | +50.1% |
| 2029 | ~$1,933,107 | ~$1,646,666 | ~2.0465% | ~$33,699 | +71.9% |
| 2030 | ~$2,213,406 | ~$1,811,333 | ~2.0465% | ~$37,069 | +96.8% |
| 2026 | ~$1,332,763 | ~$1,237,164 | ~1.9977% | ~$24,714 | +18.5% |
| 2027 | ~$1,579,323 | ~$1,360,881 | ~1.9488% | ~$26,521 | +40.4% |
| 2028 | ~$1,871,497 | ~$1,496,969 | ~1.9000% | ~$28,443 | +66.4% |
| 2029 | ~$2,217,723 | ~$1,646,666 | ~1.8512% | ~$30,483 | +97.2% |
| 2030 | ~$2,628,001 | ~$1,811,333 | ~1.8024% | ~$32,647 | +133.7% |
In 2025, this property's market value of $1,124,695 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -21% 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 | $1,124,695 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $957,035 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $723,010 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $713,173 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $610,565 | $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.