701 E BEN WHITE BLVD TX 78704
| Owner | OS WASHINGTON LLC |
|---|---|
| Parcel ID | 0411020606 |
| Short ID | 315624 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 17,664 SF |
| Land SF | 74,321 SF |
| Acres | 1.706 |
| Year Built | 1981 |
| Legal | LOT 3B HILL MORRISON ADDN |
| Neighborhood | 61SOU |
| Land | $5,202,470 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,202,470 |
| Improvement | $1,591,587 |
|---|---|
| Total Improvement | $1,591,587 |
| Market | $6,794,057 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,794,057 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,794,057 |
| Taxable Value | $6,794,057 |
|---|
Appreciation: Market value has risen +99.6% from $3,403,208 (2021) to $6,794,057 (2025), a CAGR of 18.9% 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 $139,039. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 77% of market value ($5,202,470 land vs $1,591,587 improvements), about $70/SF of land. With value concentrated in the land under a ~45-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 $6,794,057, 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 +18.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,122,413 by 2030, with an estimated annual tax burden around $206,117. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 51,195 SF | ✗ |
| 491 | SPRINKLER HEADS | 18,519 SF | ✗ |
| 1ST | 1st Floor | 17,664 SF | ✓ |
| 881 | COMMCL FINISHOUT | 17,664 SF | ✓ |
| 501 | CANOPY | 1,348 SF | ✗ |
| MEZZ | Mezzanine | 855 SF | ✓ |
| 541 | FENCE COMM LF | 758 SF | ✗ |
| 611 | TERRACE | 228 SF | ✗ |
| 437 | FENCE MASON LF | 40 SF | ✗ |
| 482 | LIGHT POLES | 2 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% | $62,858.62 | $62,858.62 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $35,602.01 | $35,602.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $25,535.12 | $25,535.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,018.55 | $8,018.55 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,025.05 | $7,025.05 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $139,039.35 | $139,039.35 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,887,725 | $6,794,057 | +16.1% |
| Assessed Value | $7,887,725 | $6,794,057 | +16.1% |
| Land Value | $5,202,470 | $5,202,470 | +0.0% |
| Improvement Value | $2,685,255 | $1,591,587 | +68.7% |
| Taxable Value | $7,887,725 | $6,794,057 | +16.1% |
| Total Tax 2026 = estimate |
~$161,421
Estimated
|
~$139,039
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,887,725 | $7,887,725 | +0 (+0.0%) |
| Taxable Value | $7,887,725 | $7,887,725 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,887,725 | $5,202,470 | $2,685,255 | — | $7,887,725 | $7,887,725 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,794,057 | $5,202,470 | $1,591,587 | — | $6,794,057 | $6,794,057 | ~$139,039 | Partial |
| 2024 | $4,480,000 | — | — | — | $5,202,470 ! | $— | $137,003 | Verified |
| 2023 | $3,942,852 | — | — | −$821,370 | $3,121,482 | $— | $81,054 | Verified |
| 2022 | $3,700,000 | — | — | −$1,619,012 | $2,080,988 | $— | $77,868 | Verified |
| 2021 | $3,403,208 | — | — | −$1,322,220 | $2,080,988 | $— | $80,537 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.1% | +16.1% | ~100% | Not available | Partial |
| 2025 | -1.7% | -1.7% | ~100% | Not available | Partial |
| 2024 | +54.3% | +54.3% | ~100% | 1.9800% | Verified |
| 2023 | +13.6% | +13.6% | ~100% | 1.8100% | Verified |
| 2022 | -8.1% | -8.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +58.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.1% | +19.3% | +15.6% | +51.7% | 2025 | +6.6% | 2023 |
| Assessment Ratio | 100.0% | 85.4% | — | 116.1% | 2024 | 56.2% | 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 |
$139,039 | $103,100 | ~$177,272 | $139,039 | 2025 | $77,868 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$8,075,871 | ~$7,473,463 | ~2.0139% | ~$150,511 | +18.9% |
| 2027 | ~$9,599,520 | ~$8,220,809 | ~1.9814% | ~$162,886 | +41.3% |
| 2028 | ~$11,410,632 | ~$9,042,890 | ~1.9488% | ~$176,231 | +68.0% |
| 2029 | ~$13,563,441 | ~$9,947,179 | ~1.9163% | ~$190,617 | +99.6% |
| 2030 | ~$16,122,413 | ~$10,941,897 | ~1.8837% | ~$206,117 | +137.3% |
| 2026 | ~$7,939,990 | ~$7,473,463 | ~2.0465% | ~$152,943 | +16.9% |
| 2027 | ~$9,279,203 | ~$8,220,809 | ~2.0465% | ~$168,238 | +36.6% |
| 2028 | ~$10,844,298 | ~$9,042,890 | ~2.0465% | ~$185,061 | +59.6% |
| 2029 | ~$12,673,372 | ~$9,947,179 | ~2.0465% | ~$203,568 | +86.5% |
| 2030 | ~$14,810,950 | ~$10,941,897 | ~2.0465% | ~$223,924 | +118.0% |
| 2026 | ~$8,211,752 | ~$7,473,463 | ~1.9977% | ~$149,295 | +20.9% |
| 2027 | ~$9,925,273 | ~$8,220,809 | ~1.9488% | ~$160,210 | +46.1% |
| 2028 | ~$11,996,349 | ~$9,042,890 | ~1.9000% | ~$171,816 | +76.6% |
| 2029 | ~$14,499,590 | ~$9,947,179 | ~1.8512% | ~$184,142 | +113.4% |
| 2030 | ~$17,525,174 | ~$10,941,897 | ~1.8024% | ~$197,214 | +157.9% |
In 2025, this property's market value of $6,794,057 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,794,057 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,480,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,942,852 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,700,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,403,208 | $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.