8013 1/2 E WILLIAM CANNON DR TX 78744
| Owner | CYPRESSBROOK EASTON PARK LP |
|---|---|
| Parcel ID | 0334130401 |
| Short ID | 945782 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 351,255 SF |
| Land SF | 542,235 SF |
| Acres | 12.448 |
| Year Built | 2023 |
| Legal | LOT 1 BLK A EASTON PARK SEC 4A |
| Neighborhood | _RGN420 |
| Land | $542,235 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $542,235 |
| Improvement | $55,027,765 |
|---|---|
| Total Improvement | $55,027,765 |
| Market | $55,570,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $55,570,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $55,570,000 |
| Taxable Value | $55,570,000 |
|---|
Appreciation: Market value has risen +562.7% from $8,385,408 (2023) to $55,570,000 (2025), a CAGR of 157.4% over 2 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 Multi-Family parcel countywide fell -15.8%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 7 taxing entities is 2.6214% in 2025 (-0.0044% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $1,456,694. Del Valle ISD is the largest single contributor, at 36.2% 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 1% of market value ($542,235 land vs $55,027,765 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $55,570,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +157.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,282,476,787 by 2030, with an estimated annual tax burden around $2,005,252. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 351,255 SF | ✓ |
Market value changed by 13373% 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 |
|---|---|---|---|---|---|---|---|---|---|
| IDV Del Valle ISD | 1.2020% | 1.1846% | 1.0028% | 0.9969% | 0.9489% | -0.0480% | $527,303.73 | $527,303.73 | Paid |
| U4M Pilot Knob #3 | 0.9500% | 0.8752% | 0.8752% | 0.8752% | 0.8752% | +0.0000% | $486,348.64 | $486,348.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $208,857.07 | $208,857.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $65,585.38 | $65,585.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $57,459.38 | $57,459.38 | Paid |
| E11 Travis County ESD # 11 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $55,570.00 | $55,570.00 | Paid |
| E15 Travis County ESD # 15 | 0.1000% | 0.0949% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $55,570.00 | $55,570.00 | Paid |
| Combined Rate | 2.9260% | 2.7652% | 2.5819% | 2.6258% | 2.6214% | -0.0044% | $1,456,694.20 | $1,456,694.20 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $50,400,000 | $55,570,000 | -9.3% |
| Assessed Value | $50,400,000 | $55,570,000 | -9.3% |
| Land Value | $542,235 | $542,235 | +0.0% |
| Improvement Value | $49,857,765 | $55,027,765 | -9.4% |
| Taxable Value | $50,400,000 | $55,570,000 | -9.3% |
| Total Tax 2026 = estimate |
~$1,321,169
Estimated
|
~$1,456,694
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $53,483,073 | $50,400,000 | -3,083,073 (-5.8%) |
| Taxable Value | $53,483,073 | $50,400,000 | -3,083,073 (-5.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $50,400,000 | $542,235 | $49,857,765 | — | $50,400,000 | $50,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $55,570,000 | $542,235 | $55,027,765 | — | $55,570,000 | $55,570,000 | ~$1,456,694 | Partial |
| 2024 | $34,241,464 | — | — | −$33,699,229 | $542,235 | $— | $1,609,624 | Verified |
| 2023 | $8,385,408 | — | — | −$7,843,173 | $542,235 | $— | $884,096 | Verified |
| 2022 | $— | — | — | — | $542,235 | $— | $231,875 | Verified |
| 2021 | $— | — | — | — | $62,240 | $— | $1,821 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.8% | -3.8% | ~100% | Not available | Partial |
| 2025 | -9.3% | -9.3% | ~100% | Not available | Partial |
| 2024 | +79.0% ! | +79.0% | ~100% | 2.6300% | Verified |
| 2023 | +308.3% ! | +308.3% | ~100% | 2.5800% | Verified |
| 2022 | +13372.7% ! | +13372.7% | ~100% | 2.7700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +89183.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.3% | +120.4% | +162.7% | +308.3% | 2024 | -9.3% | 2026 |
| Assessment Ratio | 100.0% | 52.0% | — | 100.0% | 2025 | 1.6% | 2024 |
| Effective Tax Rate (2025) | 2.6200% | 2.6200% | — | 2.6200% | 2025 | 2.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,456,694 | $1,316,805 | ~$1,775,211 | $1,609,624 | 2024 | $884,096 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$143,053,503 | ~$61,127,000 | ~2.5452% | ~$1,555,814 | +157.4% |
| 2027 | ~$368,261,735 | ~$67,239,700 | ~2.4691% | ~$1,660,190 | +562.7% |
| 2028 | ~$948,013,876 | ~$73,963,670 | ~2.3929% | ~$1,769,884 | +1606.0% |
| 2029 | ~$2,440,466,179 | ~$81,360,037 | ~2.3168% | ~$1,884,914 | +4291.7% |
| 2030 | ~$6,282,476,787 | ~$89,496,041 | ~2.2406% | ~$2,005,252 | +11205.5% |
| 2026 | ~$141,942,103 | ~$61,127,000 | ~2.6214% | ~$1,602,364 | +155.4% |
| 2027 | ~$362,561,823 | ~$67,239,700 | ~2.6214% | ~$1,762,600 | +552.4% |
| 2028 | ~$926,089,392 | ~$73,963,670 | ~2.6214% | ~$1,938,860 | +1566.5% |
| 2029 | ~$2,365,504,328 | ~$81,360,037 | ~2.6214% | ~$2,132,746 | +4156.8% |
| 2030 | ~$6,042,192,878 | ~$89,496,041 | ~2.6214% | ~$2,346,021 | +10773.1% |
| 2026 | ~$144,164,903 | ~$61,127,000 | ~2.5071% | ~$1,532,539 | +159.4% |
| 2027 | ~$374,006,103 | ~$67,239,700 | ~2.3929% | ~$1,608,985 | +573.0% |
| 2028 | ~$970,281,689 | ~$73,963,670 | ~2.2787% | ~$1,685,396 | +1646.1% |
| 2029 | ~$2,517,195,704 | ~$81,360,037 | ~2.1645% | ~$1,760,999 | +4429.8% |
| 2030 | ~$6,530,345,036 | ~$89,496,041 | ~2.0502% | ~$1,834,868 | +11651.6% |
In 2025, this property's market value of $55,570,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 107× the county median of $519,778. 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 | $55,570,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $34,241,464 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $8,385,408 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |
| 2021 | — | $300,453 | $376,850 | $539,896 | — | 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.