2217 W BEN WHITE BLVD TX 78704
| Owner | RPS FAMILY ENTERPRISES LP |
|---|---|
| Parcel ID | 0408111017 |
| Short ID | 509190 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,177 SF |
| Land SF | 21,193 SF |
| Acres | 0.487 |
| Year Built | 1967 |
| Legal | LOT 6A * 7TH RESUB OF LOT 2 FRONTIER VILLAGE SEC 3 |
| Neighborhood | 33SOU |
| Land | $1,144,422 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,144,422 |
| Improvement | $45,151 |
|---|---|
| Total Improvement | $45,151 |
| Market | $1,189,573 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,189,573 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,189,573 |
| Taxable Value | $1,189,573 |
|---|
Appreciation: Market value has risen +55.9% from $762,949 (2021) to $1,189,573 (2025), a CAGR of 11.7% 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 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $24,344. 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 96% of market value ($1,144,422 land vs $45,151 improvements), about $54/SF of land. With value concentrated in the land under a ~59-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 $1,189,573, 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 +11.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,072,577 by 2030, with an estimated annual tax burden around $36,089. 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 | 6,700 SF | ✗ |
| 1ST | 1st Floor | 2,177 SF | ✓ |
| 501 | CANOPY | 514 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% | $11,005.93 | $11,005.93 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,233.56 | $6,233.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,470.95 | $4,470.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,403.97 | $1,403.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,230.02 | $1,230.02 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,344.43 | $24,344.43 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,192,340 | $1,189,573 | +0.2% |
| Assessed Value | $1,192,340 | $1,189,573 | +0.2% |
| Land Value | $1,144,422 | $1,144,422 | +0.0% |
| Improvement Value | $47,918 | $45,151 | +6.1% |
| Taxable Value | $1,192,340 | $1,189,573 | +0.2% |
| Total Tax 2026 = estimate |
~$24,401
Estimated
|
~$24,344
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,192,340 | $1,192,340 | +0 (+0.0%) |
| Taxable Value | $1,192,340 | $1,192,340 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,192,340 | $1,144,422 | $47,918 | — | $1,192,340 | $1,192,340 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,189,573 | $1,144,422 | $45,151 | — | $1,189,573 | $1,189,573 | ~$24,344 | Partial |
| 2024 | $847,721 | — | — | — | $1,144,422 ! | $— | $20,160 | Verified |
| 2023 | $890,169 | — | — | −$42,449 | $847,720 | $— | $15,337 | Verified |
| 2022 | $847,721 | — | — | −$1 | $847,720 | $— | $17,580 | Verified |
| 2021 | $762,949 | — | — | — | $847,720 ! | $— | $18,452 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +16.9% | ~100% | Not available | Partial |
| 2024 | +10.7% | -5.3% | 85.5% | 1.6900% | Verified |
| 2023 | +20.7% | +20.7% | ~100% | 1.4300% | Verified |
| 2022 | -2.7% | -2.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +30.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +10.4% | +11.7% | +40.3% | 2025 | -4.8% | 2024 |
| Assessment Ratio | 100.0% | 106.9% | — | 135.0% | 2024 | 95.2% | 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 |
$24,344 | $19,175 | ~$31,039 | $24,344 | 2025 | $15,337 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,329,275 | ~$1,308,530 | ~2.0139% | ~$26,353 | +11.7% |
| 2027 | ~$1,485,385 | ~$1,439,383 | ~1.9814% | ~$28,520 | +24.9% |
| 2028 | ~$1,659,827 | ~$1,583,322 | ~1.9488% | ~$30,856 | +39.5% |
| 2029 | ~$1,854,756 | ~$1,741,654 | ~1.9163% | ~$33,375 | +55.9% |
| 2030 | ~$2,072,577 | ~$1,915,819 | ~1.8837% | ~$36,089 | +74.2% |
| 2026 | ~$1,305,484 | ~$1,305,484 | ~2.0465% | ~$26,717 | +9.7% |
| 2027 | ~$1,432,689 | ~$1,432,689 | ~2.0465% | ~$29,320 | +20.4% |
| 2028 | ~$1,572,289 | ~$1,572,289 | ~2.0465% | ~$32,177 | +32.2% |
| 2029 | ~$1,725,492 | ~$1,725,492 | ~2.0465% | ~$35,312 | +45.1% |
| 2030 | ~$1,893,623 | ~$1,893,623 | ~2.0465% | ~$38,753 | +59.2% |
| 2026 | ~$1,353,067 | ~$1,308,530 | ~1.9977% | ~$26,140 | +13.7% |
| 2027 | ~$1,539,031 | ~$1,439,383 | ~1.9488% | ~$28,051 | +29.4% |
| 2028 | ~$1,750,555 | ~$1,583,322 | ~1.9000% | ~$30,083 | +47.2% |
| 2029 | ~$1,991,149 | ~$1,741,654 | ~1.8512% | ~$32,241 | +67.4% |
| 2030 | ~$2,264,811 | ~$1,915,819 | ~1.8024% | ~$34,530 | +90.4% |
In 2025, this property's market value of $1,189,573 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -16% 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 | $1,189,573 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $847,721 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $890,169 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $847,721 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $762,949 | $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.