3901 BEN GARZA LN TX 78749
| Owner | SHI INTERNATIONAL CORP |
|---|---|
| Parcel ID | 0412231307 |
| Short ID | 889266 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 191,358 SF |
| Land SF | 288,454 SF |
| Acres | 6.622 |
| Year Built | 2019 |
| Legal | LOT 6-8 BLK A RANCHO GARZA SUBD AMENDED |
| Neighborhood | 51SWE |
| Land | $10,095,901 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $10,095,901 |
| Improvement | $50,621,608 |
|---|---|
| Total Improvement | $50,621,608 |
| Market | $60,717,509 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $60,717,509 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $60,717,509 |
| Exemptions (−) | −$396,050 |
|---|---|
| Taxable Value | $60,321,459 |
Appreciation: Market value has risen +16.8% from $51,973,372 (2021) to $60,717,509 (2025), a CAGR of 4.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged 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 $1,234,470. 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 17% of market value ($10,095,901 land vs $50,621,608 improvements), about $35/SF of land. Most value sits in the improvements, so building condition, age (~7 yrs), and rent roll drive the underwriting.
Submarket Position: At $60,717,509, 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 +4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $73,744,606 by 2030, with an estimated annual tax burden around $1,389,158. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 63,786 SF | ✓ |
| 2ND | 2nd Floor | 63,786 SF | ✓ |
| 3RD | 3rd Floor | 63,786 SF | ✓ |
| 4TH | 4th Floor | 63,786 SF | ✓ |
| 187 | PARKING GARAGE | 39,420 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 318 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% | $558,094.14 | $558,094.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $316,094.70 | $316,094.70 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $226,715.19 | $226,715.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $71,193.20 | $71,193.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $62,372.39 | $62,372.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,234,469.62 | $1,234,469.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $62,536,044 | $60,717,509 | +3.0% |
| Assessed Value | $62,536,044 | $60,717,509 | +3.0% |
| Land Value | $10,095,901 | $10,095,901 | +0.0% |
| Improvement Value | $52,440,143 | $50,621,608 | +3.6% |
| Taxable Value | $62,178,499 | $60,321,459 | +3.1% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$1,272,474
Estimated
|
~$1,234,470
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $62,536,044 | $62,536,044 | +0 (+0.0%) |
| Taxable Value | $62,178,499 | $62,178,499 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $62,536,044 | $10,095,901 | $52,440,143 | — | $62,536,044 | $62,178,499 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $60,717,509 | $10,095,901 | $50,621,608 | — | $60,717,509 | $60,321,459 | ~$1,234,470 | Partial |
| 2024 | $77,900,000 | — | — | −$67,804,099 | $10,095,901 | $— | $1,223,492 | Verified |
| 2023 | $75,830,844 | — | — | −$65,734,943 | $10,095,901 | $— | $1,403,560 | Verified |
| 2022 | $90,234,000 | — | — | −$80,138,099 | $10,095,901 | $— | $1,497,601 | Verified |
| 2021 | $51,973,372 | — | — | −$41,877,471 | $10,095,901 | $— | $1,964,105 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.0% | +3.0% | ~100% | Not available | Partial |
| 2025 | -9.6% | -9.6% | ~100% | Not available | Partial |
| 2024 | -16.6% | -16.6% | ~100% | 1.8200% | Verified |
| 2023 | +6.2% | +6.2% | ~100% | 1.7400% | Verified |
| 2022 | -16.0% | -16.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.7800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -32.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.0% | +8.2% | +3.4% | +73.6% | 2022 | -22.1% | 2025 |
| Assessment Ratio | 100.0% | 42.8% | — | 100.0% | 2025 | 11.2% | 2022 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,234,470 | $1,464,645 | ~$1,329,940 | $1,964,105 | 2021 | $1,223,492 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$63,124,392 | ~$63,124,392 | ~2.0139% | ~$1,271,285 | +4.0% |
| 2027 | ~$65,626,686 | ~$65,626,686 | ~1.9814% | ~$1,300,319 | +8.1% |
| 2028 | ~$68,228,172 | ~$68,228,172 | ~1.9488% | ~$1,329,658 | +12.4% |
| 2029 | ~$70,932,783 | ~$70,932,783 | ~1.9163% | ~$1,359,279 | +16.8% |
| 2030 | ~$73,744,606 | ~$73,744,606 | ~1.8837% | ~$1,389,158 | +21.5% |
| 2026 | ~$61,910,042 | ~$61,910,042 | ~2.0465% | ~$1,266,980 | +2.0% |
| 2027 | ~$63,125,997 | ~$63,125,997 | ~2.0465% | ~$1,291,864 | +4.0% |
| 2028 | ~$64,365,834 | ~$64,365,834 | ~2.0465% | ~$1,317,237 | +6.0% |
| 2029 | ~$65,630,023 | ~$65,630,023 | ~2.0465% | ~$1,343,109 | +8.1% |
| 2030 | ~$66,919,041 | ~$66,919,041 | ~2.0465% | ~$1,369,488 | +10.2% |
| 2026 | ~$64,338,742 | ~$64,338,742 | ~1.9977% | ~$1,285,271 | +6.0% |
| 2027 | ~$68,175,948 | ~$68,175,948 | ~1.9488% | ~$1,328,640 | +12.3% |
| 2028 | ~$72,242,008 | ~$72,242,008 | ~1.9000% | ~$1,372,610 | +19.0% |
| 2029 | ~$76,550,570 | ~$76,550,570 | ~1.8512% | ~$1,417,100 | +26.1% |
| 2030 | ~$81,116,098 | ~$81,116,098 | ~1.8024% | ~$1,462,013 | +33.6% |
In 2025, this property's market value of $60,717,509 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 43× 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 | $60,717,509 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $77,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $75,830,844 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $90,234,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $51,973,372 | $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.