201 W BEN WHITE BLVD TX 78704
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0409050347 |
| Short ID | 312613 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,294 SF |
| Land SF | 47,085 SF |
| Acres | 1.081 |
| Year Built | 1998 |
| Legal | LOT 1 EXXON NUMBER 1 |
| Neighborhood | 48SOU |
| Land | $4,473,075 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,473,075 |
| Improvement | $363,659 |
|---|---|
| Total Improvement | $363,659 |
| Market | $4,836,734 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,836,734 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,836,734 |
| Taxable Value | $4,836,734 |
|---|
Appreciation: Market value has risen +71.3% from $2,824,084 (2021) to $4,836,734 (2025), a CAGR of 14.4% 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 $98,983. 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 92% of market value ($4,473,075 land vs $363,659 improvements), about $95/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $4,836,734, 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 +14.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,476,445 by 2030, with an estimated annual tax burden around $146,736. 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 | 20,000 SF | ✗ |
| 501 | CANOPY | 3,386 SF | ✗ |
| 1ST | 1st Floor | 3,294 SF | ✓ |
| 482 | LIGHT POLES | 5 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% | $44,749.46 | $44,749.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $25,345.31 | $25,345.31 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $18,178.62 | $18,178.62 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,708.46 | $5,708.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,001.18 | $5,001.18 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $98,983.03 | $98,983.03 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,085,264 | $4,836,734 | +5.1% |
| Assessed Value | $5,085,264 | $4,836,734 | +5.1% |
| Land Value | $4,473,075 | $4,473,075 | +0.0% |
| Improvement Value | $612,189 | $363,659 | +68.3% |
| Taxable Value | $5,085,264 | $4,836,734 | +5.1% |
| Total Tax 2026 = estimate |
~$104,069
Estimated
|
~$98,983
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,085,264 | $5,085,264 | +0 (+0.0%) |
| Taxable Value | $5,085,264 | $5,085,264 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,085,264 | $4,473,075 | $612,189 | — | $5,085,264 | $5,085,264 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,836,734 | $4,473,075 | $363,659 | — | $4,836,734 | $4,836,734 | ~$98,983 | Partial |
| 2024 | $3,160,200 | — | — | — | $4,695,858 ! | $— | $93,063 | Verified |
| 2023 | $2,797,243 | — | — | — | $2,825,100 ! | $— | $57,176 | Verified |
| 2022 | $2,830,882 | — | — | −$476,632 | $2,354,250 | $— | $55,243 | Verified |
| 2021 | $2,824,084 | — | — | −$469,834 | $2,354,250 | $— | $61,619 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2024 | +48.6% | +48.6% | ~100% | 1.9800% | Verified |
| 2023 | +13.0% | +13.0% | ~100% | 1.8100% | Verified |
| 2022 | -1.2% | -1.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +70.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.1% | +14.0% | +13.3% | +53.1% | 2025 | -1.2% | 2023 |
| Assessment Ratio | 100.0% | 102.7% | — | 148.6% | 2024 | 83.2% | 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 |
$98,983 | $73,217 | ~$126,201 | $98,983 | 2025 | $55,243 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,533,130 | ~$5,320,407 | ~2.0139% | ~$107,150 | +14.4% |
| 2027 | ~$6,329,793 | ~$5,852,448 | ~1.9814% | ~$115,960 | +30.9% |
| 2028 | ~$7,241,160 | ~$6,437,693 | ~1.9488% | ~$125,460 | +49.7% |
| 2029 | ~$8,283,746 | ~$7,081,462 | ~1.9163% | ~$135,701 | +71.3% |
| 2030 | ~$9,476,445 | ~$7,789,608 | ~1.8837% | ~$146,736 | +95.9% |
| 2026 | ~$5,436,395 | ~$5,320,407 | ~2.0465% | ~$108,881 | +12.4% |
| 2027 | ~$6,110,402 | ~$5,852,448 | ~2.0465% | ~$119,769 | +26.3% |
| 2028 | ~$6,867,974 | ~$6,437,693 | ~2.0465% | ~$131,746 | +42.0% |
| 2029 | ~$7,719,469 | ~$7,081,462 | ~2.0465% | ~$144,921 | +59.6% |
| 2030 | ~$8,676,533 | ~$7,789,608 | ~2.0465% | ~$159,413 | +79.4% |
| 2026 | ~$5,629,864 | ~$5,320,407 | ~1.9977% | ~$106,284 | +16.4% |
| 2027 | ~$6,553,053 | ~$5,852,448 | ~1.9488% | ~$114,055 | +35.5% |
| 2028 | ~$7,627,626 | ~$6,437,693 | ~1.9000% | ~$122,317 | +57.7% |
| 2029 | ~$8,878,409 | ~$7,081,462 | ~1.8512% | ~$131,092 | +83.6% |
| 2030 | ~$10,334,295 | ~$7,789,608 | ~1.8024% | ~$140,398 | +113.7% |
In 2025, this property's market value of $4,836,734 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 3× 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 | $4,836,734 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,160,200 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,797,243 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,830,882 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,824,084 | $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.