3601 W WILLIAM CANNON DR 3 TX 78745
| Owner | BINOMIAL PROPERTIES L L C |
|---|---|
| Parcel ID | 0414230306 |
| Short ID | 511575 |
| Type | Real |
| Use Code | 83 Service / Repair Garage |
| Valuation | Income |
| Improvement SF | 6,942 SF |
| Land SF | 37,488 SF |
| Acres | 0.861 |
| Year Built | 1998 |
| Legal | LOT 3 BLK A SOUTHCROSS PLAZA RESUB OF |
| Neighborhood | 83SOU |
| Land | $562,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $562,320 |
| Improvement | $847,574 |
|---|---|
| Total Improvement | $847,574 |
| Market | $1,409,894 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,409,894 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,409,894 |
| Taxable Value | $1,409,894 |
|---|
Appreciation: Market value has risen +4.2% from $1,353,680 (2021) to $1,409,894 (2025), a CAGR of 1.0% 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 $28,853. 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 40% of market value ($562,320 land vs $847,574 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~28 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,409,894, this parcel sits in the upper-middle (50th–75th 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 +8.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,974,650 by 2031, with an estimated annual tax burden around $51,328. 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 | 25,000 SF | ✗ |
| 1ST | 1st Floor | 6,942 SF | ✓ |
| SO | Sketch Only | 1,529 SF | ✗ |
| 501 | CANOPY | 538 SF | ✗ |
| 328 | MEZZ COMM (STG) | 399 SF | ✓ |
| 482 | LIGHT POLES | 3 SF | ✓ |
| 476 | ELEVATOR FREIGHT | 1 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% | $13,044.34 | $13,044.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,388.08 | $7,388.08 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,299.02 | $5,299.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,664.00 | $1,664.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,457.83 | $1,457.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,853.27 | $28,853.27 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $13,044.34 | 45.2% |
| CAT City of Austin | 0.5240% | $7,388.08 | 25.6% |
| TCO Travis County | 0.3758% | $5,299.02 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,664.00 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,457.83 | 5.1% |
| Total | 2.0465% | $28,853.27 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,006,670 | $1,409,894 | +42.3% |
| Assessed Value | $1,691,873 | $1,409,894 | +20.0% |
| Land Value | $562,320 | $562,320 | +0.0% |
| Improvement Value | $1,444,350 | $847,574 | +70.4% |
| Taxable Value | $1,691,873 | $1,409,894 | +20.0% |
| HS Cap Loss | -$314,797 | — | |
| Total Tax 2026 = estimate |
~$34,624
Estimated
|
~$28,853
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,006,670 | $562,320 | $1,444,350 | −$314,797 | $1,691,873 | $1,691,873 | Not yet — post-cert | Preliminary |
| 2025 | $1,409,894 | $562,320 | $847,574 | — | $1,409,894 | $1,409,894 | ~$28,853 | Partial |
| 2024 | $1,441,775 | $562,320 | $879,455 | — | $1,441,775 | $1,441,775 | $28,573 | Verified |
| 2023 | $1,652,185 | $374,880 | $1,277,305 | — | $1,652,185 | $1,652,185 | $29,892 | Verified |
| 2022 | $1,205,000 | $374,880 | $830,120 | — | $1,205,000 | $1,205,000 | $23,798 | Verified |
| 2021 | $1,353,680 | $374,880 | $978,800 | — | $1,353,680 | $1,353,680 | $29,465 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +42.3% | +20.0% | 84.3% | Not available | Partial |
| 2025 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2024 | -12.7% | -12.7% | ~100% | No billing data | Verified |
| 2023 | +37.1% | +37.1% | ~100% | No billing data | Verified |
| 2022 | -11.0% | -11.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +42.3% | +10.7% | +8.2% | +42.3% | 2026 | -12.7% | 2024 |
| Assessment Ratio | 84.3% | 97.4% | — | 100.0% | 2021 | 84.3% | 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 |
$28,853 | $28,116 | ~$44,145 | $29,892 | 2023 | $23,798 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,171,041 | ~$1,861,060 | ~2.0139% | ~$37,481 | +8.2% |
| 2028 | ~$2,348,875 | ~$2,047,166 | ~1.9814% | ~$40,562 | +17.1% |
| 2029 | ~$2,541,277 | ~$2,251,883 | ~1.9488% | ~$43,886 | +26.6% |
| 2030 | ~$2,749,438 | ~$2,477,071 | ~1.9163% | ~$47,468 | +37.0% |
| 2031 | ~$2,974,650 | ~$2,724,778 | ~1.8837% | ~$51,328 | +48.2% |
| 2027 | ~$2,130,907 | ~$1,861,060 | ~2.0465% | ~$38,086 | +6.2% |
| 2028 | ~$2,262,836 | ~$2,047,166 | ~2.0465% | ~$41,895 | +12.8% |
| 2029 | ~$2,402,933 | ~$2,251,883 | ~2.0465% | ~$46,084 | +19.7% |
| 2030 | ~$2,551,704 | ~$2,477,071 | ~2.0465% | ~$50,693 | +27.2% |
| 2031 | ~$2,709,685 | ~$2,709,685 | ~2.0465% | ~$55,453 | +35.0% |
| 2027 | ~$2,211,174 | ~$1,861,060 | ~1.9977% | ~$37,178 | +10.2% |
| 2028 | ~$2,436,519 | ~$2,047,166 | ~1.9488% | ~$39,896 | +21.4% |
| 2029 | ~$2,684,830 | ~$2,251,883 | ~1.9000% | ~$42,786 | +33.8% |
| 2030 | ~$2,958,447 | ~$2,477,071 | ~1.8512% | ~$45,855 | +47.4% |
| 2031 | ~$3,259,949 | ~$2,724,778 | ~1.8024% | ~$49,111 | +62.5% |
In 2025, this property's market value of $1,409,894 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +2% above 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 | $1,409,894 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $1,441,775 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,652,185 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,205,000 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,353,680 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above 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 | — |