7415 W WILLIAM CANNON DR TX 78746
| Owner | LANTANA PLACE LLC |
|---|---|
| Parcel ID | 0101360406 |
| Short ID | 890059 |
| Type | Real |
| Use Code | 35 Hotel — Limited Service |
| Valuation | Income |
| Improvement SF | 43,410 SF |
| Land SF | 132,852 SF |
| Acres | 3.050 |
| Year Built | 2020 |
| Legal | UNT HOTEL UNIT LANTANA PLACE CONDOMINIUMS PLUS 8.55 % INT IN COM AREA |
| Neighborhood | 35SW2 |
| Land | $1,062,819 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,062,819 |
| Improvement | $30,937,181 |
|---|---|
| Total Improvement | $30,937,181 |
| Market | $32,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $32,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $32,000,000 |
| Taxable Value | $32,000,000 |
|---|
Appreciation: Market value has risen +1029.4% from $2,833,339 (2021) to $32,000,000 (2025), a CAGR of 83.3% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $654,875. 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 3% of market value ($1,062,819 land vs $30,937,181 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $32,000,000, 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 +83.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $662,543,316 by 2030, with an estimated annual tax burden around $970,812. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 14,470 SF | ✓ |
| 2ND | 2nd Floor | 14,470 SF | ✓ |
| 3RD | 3rd Floor | 14,470 SF | ✓ |
| 4TH | 4th Floor | 14,470 SF | ✓ |
| 5TH | 5th Floor | 14,470 SF | ✓ |
Market value changed by 153% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $296,064.00 | $296,064.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $167,685.44 | $167,685.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $120,270.40 | $120,270.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $37,767.36 | $37,767.36 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $33,088.00 | $33,088.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $654,875.20 | $654,875.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $34,837,000 | $32,000,000 | +8.9% |
| Assessed Value | $34,837,000 | $32,000,000 | +8.9% |
| Land Value | $1,062,819 | $1,062,819 | +0.0% |
| Improvement Value | $33,774,181 | $30,937,181 | +9.2% |
| Taxable Value | $34,837,000 | $32,000,000 | +8.9% |
| Total Tax 2026 = estimate |
~$712,934
Estimated
|
~$654,875
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $38,177,977 | $34,837,000 | -3,340,977 (-8.8%) |
| Taxable Value | $38,177,977 | $34,837,000 | -3,340,977 (-8.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $34,837,000 | $1,062,819 | $33,774,181 | — | $34,837,000 | $34,837,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $32,000,000 | $1,062,819 | $30,937,181 | — | $32,000,000 | $32,000,000 | ~$654,875 | Partial |
| 2024 | $31,250,000 | — | — | −$30,187,181 | $1,062,819 | $— | $681,788 | Verified |
| 2023 | $28,120,000 | — | — | −$27,057,181 | $1,062,819 | $— | $565,390 | Verified |
| 2022 | $11,103,147 | — | — | −$10,040,328 | $1,062,819 | $— | $555,348 | Verified |
| 2021 | $2,833,339 | — | — | −$1,770,520 | $1,062,819 | $— | $241,680 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.3% | +19.3% | ~100% | Not available | Partial |
| 2025 | -11.8% | -11.8% | ~100% | Not available | Partial |
| 2024 | +16.2% | +16.2% | ~100% | 1.8800% | Verified |
| 2023 | +11.1% | +11.1% | ~100% | 1.8100% | Verified |
| 2022 | +153.3% ! | +153.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 8.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +188.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.9% | +93.5% | +80.3% | +291.9% | 2022 | +2.4% | 2025 |
| Assessment Ratio | 100.0% | 42.4% | — | 100.0% | 2025 | 3.4% | 2024 |
| 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 |
$654,875 | $539,816 | ~$834,953 | $681,788 | 2024 | $241,680 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$58,662,807 | ~$35,200,000 | ~2.0139% | ~$708,906 | +83.3% |
| 2027 | ~$107,541,403 | ~$38,720,000 | ~1.9814% | ~$767,193 | +236.1% |
| 2028 | ~$197,146,267 | ~$42,592,000 | ~1.9488% | ~$830,050 | +516.1% |
| 2029 | ~$361,411,042 | ~$46,851,200 | ~1.9163% | ~$897,805 | +1029.4% |
| 2030 | ~$662,543,316 | ~$51,536,320 | ~1.8837% | ~$970,812 | +1970.4% |
| 2026 | ~$58,022,807 | ~$35,200,000 | ~2.0465% | ~$720,363 | +81.3% |
| 2027 | ~$105,207,691 | ~$38,720,000 | ~2.0465% | ~$792,399 | +228.8% |
| 2028 | ~$190,763,922 | ~$42,592,000 | ~2.0465% | ~$871,639 | +496.1% |
| 2029 | ~$345,895,568 | ~$46,851,200 | ~2.0465% | ~$958,803 | +980.9% |
| 2030 | ~$627,182,240 | ~$51,536,320 | ~2.0465% | ~$1,054,683 | +1859.9% |
| 2026 | ~$59,302,807 | ~$35,200,000 | ~1.9977% | ~$703,177 | +85.3% |
| 2027 | ~$109,900,715 | ~$38,720,000 | ~1.9488% | ~$754,591 | +243.4% |
| 2028 | ~$203,669,402 | ~$42,592,000 | ~1.9000% | ~$809,255 | +536.5% |
| 2029 | ~$377,442,725 | ~$46,851,200 | ~1.8512% | ~$867,307 | +1079.5% |
| 2030 | ~$699,481,655 | ~$51,536,320 | ~1.8024% | ~$928,876 | +2085.9% |
In 2025, this property's market value of $32,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 23× 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 | $32,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $31,250,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $28,120,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $11,103,147 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,833,339 | $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.