117 W WILLIAM CANNON DR TX 78745
| Owner | CANNON SOUTH APARTMENTS LTD |
|---|---|
| Parcel ID | 0421100917 |
| Short ID | 335920 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 45,163 SF |
| Land SF | 109,002 SF |
| Acres | 2.502 |
| Year Built | 1982 |
| Legal | LOT 20-A BUCKINGHAM RIDGE SEC 5-A |
| Neighborhood | 08SC2 |
| Land | $1,635,030 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,635,030 |
| Improvement | $2,634,970 |
|---|---|
| Total Improvement | $2,634,970 |
| Market | $4,270,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,270,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,270,000 |
| Taxable Value | $4,270,000 |
|---|
Appreciation: Market value has fallen -25.6% from $5,740,000 (2021) to $4,270,000 (2025), a CAGR of -7.1% over 4 years. Growth has been relatively flat for this asset class. 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 Multi-Family parcel countywide rose +19.0%, so this parcel has lagged the broader multi-family 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 $87,385. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 38% of market value ($1,635,030 land vs $2,634,970 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $4,270,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 -7.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,681,623 by 2031, with an estimated annual tax burden around $50,515. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 76,504 SF | ✗ |
| 551 | PAVED AREA | 50,938 SF | ✗ |
| 2ND | 2nd Floor | 19,793 SF | ✓ |
| 1ST | 1st Floor | 17,616 SF | ✓ |
| 591 | MASONRY TRIM SF | 7,860 SF | ✗ |
| 3RD | 3rd Floor | 7,754 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,358 SF | ✗ |
| 611 | TERRACE | 1,621 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,466 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 966 SF | ✗ |
| 601 | POOL COMM'L | 896 SF | ✗ |
| 581C | STORAGE ATT COMM | 630 SF | ✓ |
| 571C | STORAGE DET COMM | 288 SF | ✓ |
| MISC | Miscellaneous | 11 SF | ✓ |
| 303 | STAIRWAYS FV | 3 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 539 | FENCE FV | 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% | $37,008.00 | $37,008.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,960.68 | $20,960.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $15,033.80 | $15,033.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,720.92 | $4,720.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,136.00 | $4,136.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $81,859.40 | $81,859.40 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $37,008.00 | 45.2% |
| CAT City of Austin | 0.5240% | $20,960.68 | 25.6% |
| TCO Travis County | 0.3758% | $15,033.80 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,720.92 | 5.8% |
| ACT Austin Community College | 0.1034% | $4,136.00 | 5.1% |
| Total | 2.0465% | $81,859.40 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,923,330 | $4,270,000 | -8.1% |
| Assessed Value | $3,923,330 | $4,270,000 | -8.1% |
| Land Value | $1,635,030 | $1,635,030 | +0.0% |
| Improvement Value | $2,288,300 | $2,634,970 | -13.2% |
| Taxable Value | $3,923,330 | $4,270,000 | -8.1% |
| Total Tax 2026 = estimate |
~$80,290
Estimated
|
~$81,859
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $3,923,330 | $1,635,030 | $2,288,300 | — | $3,923,330 | $3,923,330 | Not yet — post-cert | Preliminary |
| 2025 | $4,270,000 | $1,635,030 | $2,634,970 | — | $4,270,000 | $4,270,000 | ~$81,859 | Partial |
| 2024 | $7,037,479 | $1,635,030 | $5,402,449 | — | $7,037,479 | $7,037,479 | $135,004 | Verified |
| 2023 | $7,273,547 | $1,635,030 | $5,638,517 | — | $7,273,547 | $7,273,547 | $121,407 | Verified |
| 2022 | $6,400,000 | $1,635,030 | $4,764,970 | — | $6,400,000 | $6,400,000 | $126,395 | Verified |
| 2021 | $5,740,000 | $1,635,030 | $4,104,970 | — | $5,740,000 | $5,740,000 | $124,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2025 | -39.3% | -39.3% | ~100% | Not available | Partial |
| 2024 | -3.2% | -3.2% | ~100% | No billing data | Verified |
| 2023 | +13.6% | +13.6% | ~100% | No billing data | Verified |
| 2022 | +11.5% | +11.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -25.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.1% | -5.1% | -7.3% | +13.6% | 2023 | -39.3% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$81,859 | $117,921 | ~$61,360 | $135,004 | 2024 | $81,859 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$3,635,829 | ~$3,635,829 | ~2.0139% | ~$73,223 | -7.3% |
| 2028 | ~$3,369,396 | ~$3,369,396 | ~1.9814% | ~$66,761 | -14.1% |
| 2029 | ~$3,122,487 | ~$3,122,487 | ~1.9488% | ~$60,852 | -20.4% |
| 2030 | ~$2,893,671 | ~$2,893,671 | ~1.9163% | ~$55,451 | -26.2% |
| 2031 | ~$2,681,623 | ~$2,681,623 | ~1.8837% | ~$50,515 | -31.6% |
| 2027 | ~$3,727,164 | ~$3,727,164 | ~2.0465% | ~$76,276 | -5.0% |
| 2028 | ~$3,540,805 | ~$3,540,805 | ~2.0465% | ~$72,462 | -9.8% |
| 2029 | ~$3,363,765 | ~$3,363,765 | ~2.0465% | ~$68,839 | -14.3% |
| 2030 | ~$3,195,577 | ~$3,195,577 | ~2.0465% | ~$65,397 | -18.5% |
| 2031 | ~$3,035,798 | ~$3,035,798 | ~2.0465% | ~$62,127 | -22.6% |
| 2027 | ~$3,714,295 | ~$3,714,295 | ~1.9977% | ~$74,199 | -5.3% |
| 2028 | ~$3,516,398 | ~$3,516,398 | ~1.9488% | ~$68,529 | -10.4% |
| 2029 | ~$3,329,045 | ~$3,329,045 | ~1.9000% | ~$63,252 | -15.1% |
| 2030 | ~$3,151,674 | ~$3,151,674 | ~1.8512% | ~$58,344 | -19.7% |
| 2031 | ~$2,983,753 | ~$2,983,753 | ~1.8024% | ~$53,778 | -23.9% |
In 2025, this property's market value of $4,270,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 8× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $4,270,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $7,037,479 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $7,273,547 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $6,400,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $5,740,000 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | 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 | — |