601 W BEN WHITE BLVD TX 78704
| Owner | CAPS REAL ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0409070226 |
| Short ID | 312677 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,653 SF |
| Land SF | 21,578 SF |
| Acres | 0.495 |
| Year Built | 1986 |
| Legal | LOT B * LESS .047A BULLARD W H ADDN |
| Neighborhood | 48SOU |
| Land | $1,726,240 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,726,240 |
| Improvement | $326,038 |
|---|---|
| Total Improvement | $326,038 |
| Market | $2,052,278 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,052,278 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,052,278 |
| Taxable Value | $2,052,278 |
|---|
Appreciation: Market value has risen +48.6% from $1,381,322 (2021) to $2,052,278 (2025), a CAGR of 10.4% 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 $42,000. 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 84% of market value ($1,726,240 land vs $326,038 improvements), about $80/SF of land. With value concentrated in the land under a ~40-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 $2,052,278, this parcel sits in the upper-middle (50th–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 +10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,366,377 by 2030, with an estimated annual tax burden around $62,262. 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 | 18,925 SF | ✗ |
| 1ST | 1st Floor | 2,653 SF | ✓ |
| 501 | CANOPY | 1,709 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $18,987.68 | $18,987.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,754.29 | $10,754.29 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,713.38 | $7,713.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,422.16 | $2,422.16 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,122.06 | $2,122.06 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $41,999.57 | $41,999.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,053,988 | $2,052,278 | +0.1% |
| Assessed Value | $2,053,988 | $2,052,278 | +0.1% |
| Land Value | $1,726,240 | $1,726,240 | +0.0% |
| Improvement Value | $327,748 | $326,038 | +0.5% |
| Taxable Value | $2,053,988 | $2,052,278 | +0.1% |
| Total Tax 2026 = estimate |
~$42,035
Estimated
|
~$42,000
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,183,727 | $2,053,988 | -129,739 (-5.9%) |
| Taxable Value | $2,183,727 | $2,053,988 | -129,739 (-5.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,053,988 | $1,726,240 | $327,748 | — | $2,053,988 | $2,053,988 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,052,278 | $1,726,240 | $326,038 | — | $2,052,278 | $2,052,278 | ~$42,000 | Partial |
| 2024 | $1,734,637 | — | — | — | $2,052,278 ! | $— | $40,672 | Verified |
| 2023 | $1,384,140 | — | — | −$89,460 | $1,294,680 | $— | $31,384 | Verified |
| 2022 | $1,386,080 | — | — | −$307,180 | $1,078,900 | $— | $27,336 | Verified |
| 2021 | $1,381,322 | — | — | −$302,422 | $1,078,900 | $— | $30,170 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.4% | +6.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +18.3% | +18.3% | ~100% | 1.9800% | Verified |
| 2023 | +25.3% | +25.3% | ~100% | 1.8100% | Verified |
| 2022 | -0.1% | -0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +48.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +8.8% | +10.4% | +25.3% | 2024 | -0.1% | 2023 |
| Assessment Ratio | 100.0% | 94.6% | — | 118.3% | 2024 | 77.8% | 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 |
$42,000 | $34,312 | ~$53,549 | $42,000 | 2025 | $27,336 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,265,800 | ~$2,257,506 | ~2.0139% | ~$45,465 | +10.4% |
| 2027 | ~$2,501,536 | ~$2,483,256 | ~1.9814% | ~$49,203 | +21.9% |
| 2028 | ~$2,761,799 | ~$2,731,582 | ~1.9488% | ~$53,234 | +34.6% |
| 2029 | ~$3,049,141 | ~$3,004,740 | ~1.9163% | ~$57,580 | +48.6% |
| 2030 | ~$3,366,377 | ~$3,305,214 | ~1.8837% | ~$62,262 | +64.0% |
| 2026 | ~$2,224,754 | ~$2,224,754 | ~2.0465% | ~$45,529 | +8.4% |
| 2027 | ~$2,411,725 | ~$2,411,725 | ~2.0465% | ~$49,356 | +17.5% |
| 2028 | ~$2,614,410 | ~$2,614,410 | ~2.0465% | ~$53,504 | +27.4% |
| 2029 | ~$2,834,128 | ~$2,834,128 | ~2.0465% | ~$58,000 | +38.1% |
| 2030 | ~$3,072,312 | ~$3,072,312 | ~2.0465% | ~$62,874 | +49.7% |
| 2026 | ~$2,306,845 | ~$2,257,506 | ~1.9977% | ~$45,097 | +12.4% |
| 2027 | ~$2,592,989 | ~$2,483,256 | ~1.9488% | ~$48,395 | +26.3% |
| 2028 | ~$2,914,627 | ~$2,731,582 | ~1.9000% | ~$51,901 | +42.0% |
| 2029 | ~$3,276,161 | ~$3,004,740 | ~1.8512% | ~$55,624 | +59.6% |
| 2030 | ~$3,682,540 | ~$3,305,214 | ~1.8024% | ~$59,572 | +79.4% |
In 2025, this property's market value of $2,052,278 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +45% above 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 | $2,052,278 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,734,637 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,384,140 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,386,080 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,381,322 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.