5920 W WILLIAM CANNON DR 1-C TX 78749
| Owner | TWO CUBED COMMERCIAL LLC |
|---|---|
| Parcel ID | 0410341203 |
| Short ID | 865059 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,007 SF |
| Land SF | 4,537 SF |
| Acres | 0.104 |
| Year Built | 2015 |
| Legal | UNT 1C HD MESA OAKS OFFICE CONDOMINIUMS UNIT 1 PLUS 5.26 % INT IN COM AREA |
| Neighborhood | 26SW06 |
| Land | $68,060 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $68,060 |
| Improvement | $411,219 |
|---|---|
| Total Improvement | $411,219 |
| Market | $479,279 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $479,279 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $479,279 |
| Taxable Value | $479,279 |
|---|
Appreciation: Market value has risen +41.9% from $337,650 (2021) to $479,279 (2025), a CAGR of 9.2% 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 $9,808. 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 14% of market value ($68,060 land vs $411,219 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 $479,279, this parcel sits in the bottom quartile (<25th 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $742,575 by 2030, with an estimated annual tax burden around $13,988. 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 | 1,007 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% | $4,434.29 | $4,434.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,511.50 | $2,511.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,801.35 | $1,801.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $565.66 | $565.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $495.57 | $495.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,808.37 | $9,808.37 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $530,739 | $479,279 | +10.7% |
| Assessed Value | $530,739 | $479,279 | +10.7% |
| Land Value | $68,060 | $68,060 | +0.0% |
| Improvement Value | $462,679 | $411,219 | +12.5% |
| Taxable Value | $530,739 | $479,279 | +10.7% |
| Total Tax 2026 = estimate |
~$10,861
Estimated
|
~$9,808
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $558,673 | $530,739 | -27,934 (-5.0%) |
| Taxable Value | $558,673 | $530,739 | -27,934 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $530,739 | $68,060 | $462,679 | — | $530,739 | $530,739 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $479,279 | $68,060 | $411,219 | — | $479,279 | $479,279 | ~$9,808 | Partial |
| 2024 | $432,042 | — | — | −$363,982 | $68,060 | $— | $9,299 | Verified |
| 2023 | $390,128 | — | — | −$322,068 | $68,060 | $— | $7,817 | Verified |
| 2022 | $342,462 | — | — | −$274,402 | $68,060 | $— | $7,705 | Verified |
| 2021 | $337,650 | — | — | −$283,202 | $54,448 | $— | $7,454 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.6% | +16.6% | ~100% | Not available | Partial |
| 2025 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2024 | +8.6% | +8.6% | ~100% | 1.9800% | Verified |
| 2023 | +4.1% | +4.1% | ~100% | 1.8100% | Verified |
| 2022 | +21.2% | +21.2% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.2100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.7% | +9.5% | +7.0% | +13.9% | 2023 | +1.4% | 2022 |
| Assessment Ratio | 100.0% | 44.9% | — | 100.0% | 2025 | 15.8% | 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 |
$9,808 | $8,417 | ~$12,204 | $9,808 | 2025 | $7,454 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$523,141 | ~$523,141 | ~2.0139% | ~$10,536 | +9.2% |
| 2027 | ~$571,017 | ~$571,017 | ~1.9814% | ~$11,314 | +19.1% |
| 2028 | ~$623,275 | ~$623,275 | ~1.9488% | ~$12,147 | +30.0% |
| 2029 | ~$680,315 | ~$680,315 | ~1.9163% | ~$13,037 | +41.9% |
| 2030 | ~$742,575 | ~$742,575 | ~1.8837% | ~$13,988 | +54.9% |
| 2026 | ~$513,555 | ~$513,555 | ~2.0465% | ~$10,510 | +7.2% |
| 2027 | ~$550,283 | ~$550,283 | ~2.0465% | ~$11,261 | +14.8% |
| 2028 | ~$589,638 | ~$589,638 | ~2.0465% | ~$12,067 | +23.0% |
| 2029 | ~$631,807 | ~$631,807 | ~2.0465% | ~$12,930 | +31.8% |
| 2030 | ~$676,992 | ~$676,992 | ~2.0465% | ~$13,855 | +41.3% |
| 2026 | ~$532,727 | ~$527,207 | ~1.9977% | ~$10,532 | +11.2% |
| 2027 | ~$592,135 | ~$579,928 | ~1.9488% | ~$11,302 | +23.5% |
| 2028 | ~$658,168 | ~$637,920 | ~1.9000% | ~$12,121 | +37.3% |
| 2029 | ~$731,564 | ~$701,712 | ~1.8512% | ~$12,990 | +52.6% |
| 2030 | ~$813,146 | ~$771,884 | ~1.8024% | ~$13,912 | +69.7% |
In 2025, this property's market value of $479,279 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -66% below 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 | $479,279 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $432,042 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $390,128 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $342,462 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $337,650 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.