5920 W WILLIAM CANNON DR 2 TX 78749
| Owner | LONE STAR TRANSMISSION LLC |
|---|---|
| Parcel ID | 0410341103 |
| Short ID | 854498 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 18,214 SF |
| Land SF | 64,257 SF |
| Acres | 1.475 |
| Year Built | 2015 |
| Legal | UNT 2 HD MESA OAKS OFFICE CONDOMINIUMS (MASTER) PLUS 15.21 % INT IN COM AREA |
| Neighborhood | 26SW06 |
| Land | $963,861 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $963,861 |
| Improvement | $7,890,788 |
|---|---|
| Total Improvement | $7,890,788 |
| Market | $8,854,649 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,854,649 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,854,649 |
| Taxable Value | $8,854,649 |
|---|
Appreciation: Market value has risen +41.3% from $6,264,662 (2021) to $8,854,649 (2025), a CAGR of 9.0% 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 $181,209. 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 11% of market value ($963,861 land vs $7,890,788 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,854,649, 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 +9.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,646,255 by 2030, with an estimated annual tax burden around $257,060. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 9,107 SF | ✓ |
| 2ND | 2nd Floor | 9,107 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $81,923.21 | $81,923.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $46,399.87 | $46,399.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,279.76 | $33,279.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,450.52 | $10,450.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,155.71 | $9,155.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $181,209.07 | $181,209.07 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,326,836 | $8,854,649 | -6.0% |
| Assessed Value | $8,326,836 | $8,854,649 | -6.0% |
| Land Value | $963,861 | $963,861 | +0.0% |
| Improvement Value | $7,362,975 | $7,890,788 | -6.7% |
| Taxable Value | $8,326,836 | $8,854,649 | -6.0% |
| Total Tax 2026 = estimate |
~$170,407
Estimated
|
~$181,209
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,326,836 | $8,326,836 | +0 (+0.0%) |
| Taxable Value | $8,326,836 | $8,326,836 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,326,836 | $963,861 | $7,362,975 | — | $8,326,836 | $8,326,836 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,854,649 | $963,861 | $7,890,788 | — | $8,854,649 | $8,854,649 | ~$181,209 | Partial |
| 2024 | $7,784,447 | — | — | −$6,820,586 | $963,861 | $— | $164,617 | Verified |
| 2023 | $6,946,075 | — | — | −$5,982,214 | $963,861 | $— | $140,840 | Verified |
| 2022 | $6,162,570 | — | — | −$5,198,709 | $963,861 | $— | $137,180 | Verified |
| 2021 | $6,264,662 | — | — | −$5,443,355 | $821,307 | $— | $134,139 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.0% | -6.0% | ~100% | Not available | Partial |
| 2025 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2024 | +6.7% | +6.7% | ~100% | 1.9800% | Verified |
| 2023 | +12.1% | +12.1% | ~100% | 1.8100% | Verified |
| 2022 | +12.7% | +12.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -6.0% | +6.2% | +10.4% | +13.7% | 2025 | -6.0% | 2026 |
| Assessment Ratio | 100.0% | 42.5% | — | 100.0% | 2025 | 12.4% | 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 |
$181,209 | $151,597 | ~$224,721 | $181,209 | 2025 | $134,139 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,654,722 | ~$9,654,722 | ~2.0139% | ~$194,440 | +9.0% |
| 2027 | ~$10,527,087 | ~$10,527,087 | ~1.9814% | ~$208,582 | +18.9% |
| 2028 | ~$11,478,275 | ~$11,478,275 | ~1.9488% | ~$223,693 | +29.6% |
| 2029 | ~$12,515,409 | ~$12,515,409 | ~1.9163% | ~$239,832 | +41.3% |
| 2030 | ~$13,646,255 | ~$13,646,255 | ~1.8837% | ~$257,060 | +54.1% |
| 2026 | ~$9,477,629 | ~$9,477,629 | ~2.0465% | ~$193,958 | +7.0% |
| 2027 | ~$10,144,440 | ~$10,144,440 | ~2.0465% | ~$207,604 | +14.6% |
| 2028 | ~$10,858,165 | ~$10,858,165 | ~2.0465% | ~$222,211 | +22.6% |
| 2029 | ~$11,622,105 | ~$11,622,105 | ~2.0465% | ~$237,845 | +31.3% |
| 2030 | ~$12,439,793 | ~$12,439,793 | ~2.0465% | ~$254,578 | +40.5% |
| 2026 | ~$9,831,815 | ~$9,740,114 | ~1.9977% | ~$194,575 | +11.0% |
| 2027 | ~$10,916,818 | ~$10,714,125 | ~1.9488% | ~$208,801 | +23.3% |
| 2028 | ~$12,121,557 | ~$11,785,538 | ~1.9000% | ~$223,927 | +36.9% |
| 2029 | ~$13,459,247 | ~$12,964,092 | ~1.8512% | ~$239,990 | +52.0% |
| 2030 | ~$14,944,559 | ~$14,260,501 | ~1.8024% | ~$257,027 | +68.8% |
In 2025, this property's market value of $8,854,649 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,854,649 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,784,447 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,946,075 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,162,570 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,264,662 | $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.