3416 W WILLIAM CANNON DR AUSTIN, TX 78745
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0414230204 |
| Short ID | 511564 |
| Type | Real |
| Use Code | 84 Mini-Lube / Tune-Up |
| Valuation | Income |
| Improvement SF | 3,300 SF |
| Land SF | 34,804 SF |
| Acres | 0.799 |
| Year Built | 2003 |
| Legal | LOT 3 BLK 1 * LESS .005AC COURTEPLACE |
| Neighborhood | 84SOU |
| Land | $469,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $469,860 |
| Improvement | $841,277 |
|---|---|
| Total Improvement | $841,277 |
| Market | $1,311,137 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,311,137 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,311,137 |
| Taxable Value | $1,311,137 |
|---|
Appreciation: Market value has risen +13.2% from $1,157,774 (2021) to $1,311,137 (2025), a CAGR of 3.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 +17.8%, 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 $26,832. 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 36% of market value ($469,860 land vs $841,277 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,311,137, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +8.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,579,599 by 2031, with an estimated annual tax burden around $47,732. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,250 SF | ✗ |
| 1ST | 1st Floor | 3,300 SF | ✓ |
| UBSMT | Unfinished Basement | 1,628 SF | ✓ |
| MEZZ | Mezzanine | 748 SF | ✓ |
| 541 | FENCE COMM LF | 260 SF | ✗ |
| 327 | STORAGE COMM'L | 126 SF | ✓ |
| 437 | FENCE MASON LF | 33 SF | ✗ |
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.
| 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% | $12,130.64 | $12,130.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,870.58 | $6,870.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,927.84 | $4,927.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,547.44 | $1,547.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,355.72 | $1,355.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,832.22 | $26,832.22 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $12,130.64 | 45.2% |
| CAT City of Austin | 0.5240% | $6,870.58 | 25.6% |
| TCO Travis County | 0.3758% | $4,927.84 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,547.44 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,355.72 | 5.1% |
| Total | 2.0465% | $26,832.22 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,728,176 | $1,311,137 | +31.8% |
| Assessed Value | $1,573,364 | $1,311,137 | +20.0% |
| Land Value | $469,860 | $469,860 | +0.0% |
| Improvement Value | $1,258,316 | $841,277 | +49.6% |
| Taxable Value | $1,573,364 | $1,311,137 | +20.0% |
| HS Cap Loss | -$154,812 | — | |
| Total Tax 2026 = estimate |
~$32,199
Estimated
|
~$26,832
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,728,176 | $469,860 | $1,258,316 | −$154,812 | $1,573,364 | $1,573,364 | Not yet — post-cert | Preliminary |
| 2025 | $1,311,137 | $469,860 | $841,277 | — | $1,311,137 | $1,311,137 | ~$26,832 | Partial |
| 2024 | $1,309,583 | $469,860 | $839,723 | — | $1,309,583 | $1,309,583 | $25,954 | Verified |
| 2023 | $1,546,006 | $313,240 | $1,232,766 | — | $1,546,006 | $1,546,006 | $27,971 | Verified |
| 2022 | $1,206,387 | $311,301 | $895,086 | — | $1,206,387 | $1,206,387 | $23,825 | Verified |
| 2021 | $1,157,774 | $311,301 | $846,473 | — | $1,157,774 | $1,157,774 | $25,201 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.8% | +20.0% | 91.0% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -15.3% | -15.3% | ~100% | No billing data | Verified |
| 2023 | +28.2% | +28.2% | ~100% | No billing data | Verified |
| 2022 | +4.2% | +4.2% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.8% | +9.8% | +8.3% | +31.8% | 2026 | -15.3% | 2024 |
| Assessment Ratio | 91.0% | 98.5% | — | 100.0% | 2021 | 91.0% | 2026 |
| 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 |
$26,832 | $25,957 | ~$41,053 | $27,971 | 2023 | $23,825 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,872,323 | ~$1,730,700 | ~2.0139% | ~$34,855 | +8.3% |
| 2028 | ~$2,028,494 | ~$1,903,770 | ~1.9814% | ~$37,721 | +17.4% |
| 2029 | ~$2,197,690 | ~$2,094,147 | ~1.9488% | ~$40,812 | +27.2% |
| 2030 | ~$2,381,000 | ~$2,303,562 | ~1.9163% | ~$44,143 | +37.8% |
| 2031 | ~$2,579,599 | ~$2,533,918 | ~1.8837% | ~$47,732 | +49.3% |
| 2027 | ~$1,837,760 | ~$1,730,700 | ~2.0465% | ~$35,419 | +6.3% |
| 2028 | ~$1,954,292 | ~$1,903,770 | ~2.0465% | ~$38,960 | +13.1% |
| 2029 | ~$2,078,214 | ~$2,078,214 | ~2.0465% | ~$42,530 | +20.3% |
| 2030 | ~$2,209,993 | ~$2,209,993 | ~2.0465% | ~$45,227 | +27.9% |
| 2031 | ~$2,350,129 | ~$2,350,129 | ~2.0465% | ~$48,095 | +36.0% |
| 2027 | ~$1,906,887 | ~$1,730,700 | ~1.9977% | ~$34,574 | +10.3% |
| 2028 | ~$2,104,078 | ~$1,903,770 | ~1.9488% | ~$37,101 | +21.8% |
| 2029 | ~$2,321,660 | ~$2,094,147 | ~1.9000% | ~$39,789 | +34.3% |
| 2030 | ~$2,561,743 | ~$2,303,562 | ~1.8512% | ~$42,643 | +48.2% |
| 2031 | ~$2,826,653 | ~$2,533,918 | ~1.8024% | ~$45,671 | +63.6% |
In 2025, this property's market value of $1,311,137 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -5% below the county median of $1,382,921. 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 | $1,311,137 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,309,583 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,546,006 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,206,387 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,157,774 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |