525 W BEN WHITE BLVD AUSTIN, TX 78704
| Owner | ROYAL PRIME REAL ESTATE INC |
|---|---|
| Parcel ID | 0409050339 |
| Short ID | 312605 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 870 SF |
| Land SF | 11,499 SF |
| Acres | 0.264 |
| Year Built | 1991 |
| Legal | LOT 1 KAF SUBD |
| Neighborhood | 48SOU |
| Land | $827,928 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $827,928 |
| Improvement | $240,152 |
|---|---|
| Total Improvement | $240,152 |
| Market | $1,068,080 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,068,080 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,068,080 |
| Taxable Value | $1,068,080 |
|---|
Appreciation: Market value has risen +56.5% from $682,564 (2021) to $1,068,080 (2025), a CAGR of 11.8% 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 $21,858. 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 78% of market value ($827,928 land vs $240,152 improvements), about $72/SF of land. With value concentrated in the land under a ~35-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 $1,068,080, 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 +11.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,869,301 by 2030, with an estimated annual tax burden around $32,403. 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 | 11,000 SF | ✗ |
| 501 | CANOPY | 1,140 SF | ✗ |
| 1ST | 1st Floor | 870 SF | ✓ |
| 403 | CARWASH DRIVE-THRU | 630 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% | $9,881.88 | $9,881.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,596.92 | $5,596.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,014.33 | $4,014.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,260.58 | $1,260.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,104.39 | $1,104.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,858.10 | $21,858.10 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,076,322 | $1,068,080 | +0.8% |
| Assessed Value | $1,076,322 | $1,068,080 | +0.8% |
| Land Value | $827,928 | $827,928 | +0.0% |
| Improvement Value | $248,394 | $240,152 | +3.4% |
| Taxable Value | $1,076,322 | $1,068,080 | +0.8% |
| Total Tax 2026 = estimate |
~$22,027
Estimated
|
~$21,858
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,076,322 | $1,076,322 | +0 (+0.0%) |
| Taxable Value | $1,076,322 | $1,076,322 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,076,322 | $827,928 | $248,394 | — | $1,076,322 | $1,076,322 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,068,080 | $827,928 | $240,152 | — | $1,068,080 | $1,068,080 | ~$21,858 | Partial |
| 2024 | $850,820 | — | — | — | $1,034,910 ! | $— | $20,234 | Verified |
| 2023 | $687,483 | — | — | −$66,537 | $620,946 | $— | $15,393 | Verified |
| 2022 | $684,507 | — | — | −$167,052 | $517,455 | $— | $13,577 | Verified |
| 2021 | $682,564 | — | — | −$165,109 | $517,455 | $— | $14,900 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | -15.4% | +4.6% | ~100% | Not available | Partial |
| 2024 | +48.4% | +20.0% | 80.9% | 1.6000% | Verified |
| 2023 | +23.8% | +23.8% | ~100% | 1.8100% | Verified |
| 2022 | +0.4% | +0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +10.2% | +11.7% | +25.5% | 2025 | +0.3% | 2022 |
| Assessment Ratio | 100.0% | 93.9% | — | 121.6% | 2024 | 75.6% | 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 |
$21,858 | $17,192 | ~$27,868 | $21,858 | 2025 | $13,577 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,194,590 | ~$1,174,888 | ~2.0139% | ~$23,661 | +11.8% |
| 2027 | ~$1,336,085 | ~$1,292,377 | ~1.9814% | ~$25,607 | +25.1% |
| 2028 | ~$1,494,339 | ~$1,421,614 | ~1.9488% | ~$27,705 | +39.9% |
| 2029 | ~$1,671,338 | ~$1,563,776 | ~1.9163% | ~$29,966 | +56.5% |
| 2030 | ~$1,869,301 | ~$1,720,154 | ~1.8837% | ~$32,403 | +75.0% |
| 2026 | ~$1,173,228 | ~$1,173,228 | ~2.0465% | ~$24,010 | +9.8% |
| 2027 | ~$1,288,728 | ~$1,288,728 | ~2.0465% | ~$26,374 | +20.7% |
| 2028 | ~$1,415,599 | ~$1,415,599 | ~2.0465% | ~$28,970 | +32.5% |
| 2029 | ~$1,554,959 | ~$1,554,959 | ~2.0465% | ~$31,822 | +45.6% |
| 2030 | ~$1,708,039 | ~$1,708,039 | ~2.0465% | ~$34,955 | +59.9% |
| 2026 | ~$1,215,952 | ~$1,174,888 | ~1.9977% | ~$23,470 | +13.8% |
| 2027 | ~$1,384,296 | ~$1,292,377 | ~1.9488% | ~$25,186 | +29.6% |
| 2028 | ~$1,575,946 | ~$1,421,614 | ~1.9000% | ~$27,011 | +47.5% |
| 2029 | ~$1,794,130 | ~$1,563,776 | ~1.8512% | ~$28,949 | +68.0% |
| 2030 | ~$2,042,520 | ~$1,720,154 | ~1.8024% | ~$31,004 | +91.2% |
In 2025, this property's market value of $1,068,080 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -25% 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 | $1,068,080 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $850,820 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $687,483 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $684,507 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $682,564 | $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.