3431 W WILLIAM CANNON DR TX 78745
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0416230507 |
| Short ID | 512067 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,283 SF |
| Land SF | 28,314 SF |
| Acres | 0.650 |
| Year Built | 2000 |
| Legal | LOT 1 CANNON OAKS |
| Neighborhood | 48SOU |
| Land | $509,652 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $509,652 |
| Improvement | $434,421 |
|---|---|
| Total Improvement | $434,421 |
| Market | $944,073 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $944,073 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $944,073 |
| Taxable Value | $944,073 |
|---|
Appreciation: Market value has risen +12.8% from $836,902 (2021) to $944,073 (2025), a CAGR of 3.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $19,320. 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 54% of market value ($509,652 land vs $434,421 improvements), about $18/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $944,073, 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 +2.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,115,594 by 2031, with an estimated annual tax burden around $21,015. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 8,500 SF | ✗ |
| 501 | CANOPY | 3,215 SF | ✗ |
| 1ST | 1st Floor | 2,283 SF | ✓ |
| SO | Sketch Only | 288 SF | ✗ |
| 611 | TERRACE | 147 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $8,734.56 | $8,734.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,947.10 | $4,947.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,548.25 | $3,548.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,114.22 | $1,114.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $976.17 | $976.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,320.30 | $19,320.30 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,734.56 | 45.2% |
| CAT City of Austin | 0.5240% | $4,947.10 | 25.6% |
| TCO Travis County | 0.3758% | $3,548.25 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,114.22 | 5.8% |
| ACT Austin Community College | 0.1034% | $976.17 | 5.1% |
| Total | 2.0465% | $19,320.30 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $966,252 | $944,073 | +2.3% |
| Assessed Value | $966,252 | $944,073 | +2.3% |
| Land Value | $509,652 | $509,652 | +0.0% |
| Improvement Value | $456,600 | $434,421 | +5.1% |
| Taxable Value | $966,252 | $944,073 | +2.3% |
| Total Tax 2026 = estimate |
~$19,774
Estimated
|
~$19,320
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $966,252 | $509,652 | $456,600 | — | $966,252 | $966,252 | Not yet — post-cert | Preliminary |
| 2025 | $944,073 | $509,652 | $434,421 | — | $944,073 | $944,073 | ~$19,320 | Partial |
| 2024 | $949,239 | $509,652 | $439,587 | — | $949,239 | $949,239 | $18,812 | Verified |
| 2023 | $940,692 | $509,652 | $431,040 | — | $940,692 | $940,692 | $17,019 | Verified |
| 2022 | $840,113 | $509,652 | $330,461 | — | $840,113 | $840,113 | $16,592 | Verified |
| 2021 | $836,902 | $509,652 | $327,250 | — | $836,902 | $836,902 | $18,217 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | +0.9% | +0.9% | ~100% | No billing data | Verified |
| 2023 | +12.0% | +12.0% | ~100% | No billing data | Verified |
| 2022 | +0.4% | +0.4% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.3% | +3.0% | +2.9% | +12.0% | 2023 | -0.5% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$19,320 | $17,992 | ~$20,524 | $19,320 | 2025 | $16,592 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$994,429 | ~$994,429 | ~2.0139% | ~$20,027 | +2.9% |
| 2028 | ~$1,023,427 | ~$1,023,427 | ~1.9814% | ~$20,278 | +5.9% |
| 2029 | ~$1,053,270 | ~$1,053,270 | ~1.9488% | ~$20,527 | +9.0% |
| 2030 | ~$1,083,984 | ~$1,083,984 | ~1.9163% | ~$20,772 | +12.2% |
| 2031 | ~$1,115,594 | ~$1,115,594 | ~1.8837% | ~$21,015 | +15.5% |
| 2027 | ~$975,103 | ~$975,103 | ~2.0465% | ~$19,955 | +0.9% |
| 2028 | ~$984,036 | ~$984,036 | ~2.0465% | ~$20,138 | +1.8% |
| 2029 | ~$993,050 | ~$993,050 | ~2.0465% | ~$20,323 | +2.8% |
| 2030 | ~$1,002,147 | ~$1,002,147 | ~2.0465% | ~$20,509 | +3.7% |
| 2031 | ~$1,011,328 | ~$1,011,328 | ~2.0465% | ~$20,697 | +4.7% |
| 2027 | ~$1,013,754 | ~$1,013,754 | ~1.9977% | ~$20,251 | +4.9% |
| 2028 | ~$1,063,590 | ~$1,063,590 | ~1.9488% | ~$20,728 | +10.1% |
| 2029 | ~$1,115,877 | ~$1,115,877 | ~1.9000% | ~$21,202 | +15.5% |
| 2030 | ~$1,170,734 | ~$1,170,734 | ~1.8512% | ~$21,673 | +21.2% |
| 2031 | ~$1,228,288 | ~$1,228,288 | ~1.8024% | ~$22,138 | +27.1% |
In 2025, this property's market value of $944,073 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -32% 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 | $944,073 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $949,239 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $940,692 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $840,113 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $836,902 | $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 | — |