520 E BEN WHITE BLVD AUSTIN, TX 78704
| Owner | 500 E BEN WHITE LLC |
|---|---|
| Parcel ID | 0411020127 |
| Short ID | 709642 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 2,730 SF |
| Land SF | 51,144 SF |
| Acres | 1.174 |
| Year Built | 2007 |
| Legal | LOT 1 BLK A BEN WHITE PAYLOAD SUBD |
| Neighborhood | 58SCN |
| Land | $5,114,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,114,400 |
| Improvement | $660,600 |
|---|---|
| Total Improvement | $660,600 |
| Market | $5,775,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,775,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,775,000 |
| Taxable Value | $5,775,000 |
|---|
Appreciation: Market value has risen +110.3% from $2,746,400 (2021) to $5,775,000 (2025), a CAGR of 20.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $118,185. 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 89% of market value ($5,114,400 land vs $660,600 improvements), about $100/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 $5,775,000, 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 +20.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,623,025 by 2030, with an estimated annual tax burden around $175,201. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 30,000 SF | ✗ |
| 1ST | 1st Floor | 2,730 SF | ✓ |
| 503 | CANOPY - BANK | 1,740 SF | ✗ |
| 501 | CANOPY | 132 SF | ✗ |
| 482 | LIGHT POLES | 4 SF | ✓ |
Market value changed by 110% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $53,430.30 | $53,430.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,261.98 | $30,261.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,705.05 | $21,705.05 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,815.83 | $6,815.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,971.35 | $5,971.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $118,184.51 | $118,184.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,967,312 | $5,775,000 | +3.3% |
| Assessed Value | $5,967,312 | $5,775,000 | +3.3% |
| Land Value | $5,114,400 | $5,114,400 | +0.0% |
| Improvement Value | $852,912 | $660,600 | +29.1% |
| Taxable Value | $5,967,312 | $5,775,000 | +3.3% |
| Total Tax 2026 = estimate |
~$122,120
Estimated
|
~$118,185
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,151,868 | $5,967,312 | -184,556 (-3.0%) |
| Taxable Value | $6,151,868 | $5,967,312 | -184,556 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,967,312 | $5,114,400 | $852,912 | — | $5,967,312 | $5,967,312 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,775,000 | $5,114,400 | $660,600 | — | $5,775,000 | $5,775,000 | ~$118,185 | Partial |
| 2024 | $5,859,770 | — | — | −$745,370 | $5,114,400 | $— | $110,868 | Verified |
| 2023 | $2,791,130 | — | — | — | $5,114,400 ! | $— | $106,018 | Verified |
| 2022 | $2,791,130 | — | — | −$745,370 | $2,045,760 | $— | $55,123 | Verified |
| 2021 | $2,746,400 | — | — | −$700,640 | $2,045,760 | $— | $60,754 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2025 | +3.2% | +3.2% | ~100% | Not available | Partial |
| 2024 | -4.5% | -4.5% | ~100% | 1.9800% | Verified |
| 2023 | +109.9% ! | +109.9% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +106.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.3% | +22.7% | +19.6% | +109.9% | 2024 | -1.4% | 2025 |
| Assessment Ratio | 100.0% | 103.0% | — | 183.2% | 2023 | 73.3% | 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 |
$118,185 | $90,189 | ~$150,683 | $118,185 | 2025 | $55,123 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,954,230 | ~$6,352,500 | ~2.0139% | ~$127,935 | +20.4% |
| 2027 | ~$8,374,253 | ~$6,987,750 | ~1.9814% | ~$138,454 | +45.0% |
| 2028 | ~$10,084,239 | ~$7,686,525 | ~1.9488% | ~$149,798 | +74.6% |
| 2029 | ~$12,143,397 | ~$8,455,178 | ~1.9163% | ~$162,026 | +110.3% |
| 2030 | ~$14,623,025 | ~$9,300,695 | ~1.8837% | ~$175,201 | +153.2% |
| 2026 | ~$6,838,730 | ~$6,352,500 | ~2.0465% | ~$130,003 | +18.4% |
| 2027 | ~$8,098,394 | ~$6,987,750 | ~2.0465% | ~$143,003 | +40.2% |
| 2028 | ~$9,590,083 | ~$7,686,525 | ~2.0465% | ~$157,304 | +66.1% |
| 2029 | ~$11,356,534 | ~$8,455,178 | ~2.0465% | ~$173,034 | +96.6% |
| 2030 | ~$13,448,358 | ~$9,300,695 | ~2.0465% | ~$190,337 | +132.9% |
| 2026 | ~$7,069,730 | ~$6,352,500 | ~1.9977% | ~$126,901 | +22.4% |
| 2027 | ~$8,654,732 | ~$6,987,750 | ~1.9488% | ~$136,180 | +49.9% |
| 2028 | ~$10,595,086 | ~$7,686,525 | ~1.9000% | ~$146,045 | +83.5% |
| 2029 | ~$12,970,458 | ~$8,455,178 | ~1.8512% | ~$156,522 | +124.6% |
| 2030 | ~$15,878,378 | ~$9,300,695 | ~1.8024% | ~$167,633 | +175.0% |
In 2025, this property's market value of $5,775,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,775,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $5,859,770 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $2,791,130 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,791,130 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,746,400 | $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.