4228 W WILLIAM CANNON DR TX 78749
| Owner | PT A T LLC |
|---|---|
| Parcel ID | 0412250112 |
| Short ID | 699584 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,808 SF |
| Land SF | 24,699 SF |
| Acres | 0.567 |
| Year Built | 2004 |
| Legal | LOT 2 BLK A FORUM TRACT I THE |
| Neighborhood | 33SOU |
| Land | $351,954 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $351,954 |
| Improvement | $1,704,104 |
|---|---|
| Total Improvement | $1,704,104 |
| Market | $2,056,058 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,056,058 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,056,058 |
| Taxable Value | $2,056,058 |
|---|
Appreciation: Market value has risen +49.8% from $1,372,928 (2021) to $2,056,058 (2025), a CAGR of 10.6% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. 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 $42,077. 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 17% of market value ($351,954 land vs $1,704,104 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~22 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,056,058, this parcel sits in the upper-middle (50th–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 +10.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,406,198 by 2030, with an estimated annual tax burden around $62,376. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 18,325 SF | ✗ |
| 1ST | 1st Floor | 2,808 SF | ✓ |
| 611 | TERRACE | 1,272 SF | ✗ |
| SO | Sketch Only | 675 SF | ✗ |
| 437 | FENCE MASON LF | 37 SF | ✗ |
| 541 | FENCE COMM LF | 32 SF | ✗ |
| 435 | FENCE IRON LF | 13 SF | ✗ |
| 482 | LIGHT POLES | 6 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% | $19,022.65 | $19,022.65 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $10,774.09 | $10,774.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,727.59 | $7,727.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,426.62 | $2,426.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,125.96 | $2,125.96 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $42,076.91 | $42,076.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,056,058 | $2,056,058 | +0.0% |
| Assessed Value | $2,056,058 | $2,056,058 | +0.0% |
| Land Value | $351,954 | $351,954 | +0.0% |
| Improvement Value | $1,704,104 | $1,704,104 | +0.0% |
| Taxable Value | $2,056,058 | $2,056,058 | +0.0% |
| Total Tax 2026 = estimate |
~$42,077
Estimated
|
~$42,077
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,190,092 | $2,056,058 | -134,034 (-6.1%) |
| Taxable Value | $2,190,092 | $2,056,058 | -134,034 (-6.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,056,058 | $351,954 | $1,704,104 | — | $2,056,058 | $2,056,058 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,056,058 | $351,954 | $1,704,104 | — | $2,056,058 | $2,056,058 | ~$42,077 | Partial |
| 2024 | $1,900,000 | — | — | −$1,548,046 | $351,954 | $— | $43,434 | Verified |
| 2023 | $1,229,554 | — | — | −$877,600 | $351,954 | $— | $34,376 | Verified |
| 2022 | $1,229,554 | — | — | −$877,600 | $351,954 | $— | $24,283 | Verified |
| 2021 | $1,372,928 | — | — | −$1,020,974 | $351,954 | $— | $26,763 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.5% | +6.5% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | +15.3% | +15.3% | ~100% | 1.9800% | Verified |
| 2023 | +54.5% | +54.5% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +67.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +10.5% | +10.6% | +54.5% | 2024 | -10.4% | 2022 |
| Assessment Ratio | 100.0% | 50.2% | — | 100.0% | 2025 | 18.5% | 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 |
$42,077 | $34,187 | ~$53,647 | $43,434 | 2024 | $24,283 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,274,481 | ~$2,261,664 | ~2.0139% | ~$45,548 | +10.6% |
| 2027 | ~$2,516,107 | ~$2,487,830 | ~1.9814% | ~$49,294 | +22.4% |
| 2028 | ~$2,783,403 | ~$2,736,613 | ~1.9488% | ~$53,332 | +35.4% |
| 2029 | ~$3,079,094 | ~$3,010,275 | ~1.9163% | ~$57,686 | +49.8% |
| 2030 | ~$3,406,198 | ~$3,311,302 | ~1.8837% | ~$62,376 | +65.7% |
| 2026 | ~$2,233,360 | ~$2,233,360 | ~2.0465% | ~$45,705 | +8.6% |
| 2027 | ~$2,425,951 | ~$2,425,951 | ~2.0465% | ~$49,647 | +18.0% |
| 2028 | ~$2,635,149 | ~$2,635,149 | ~2.0465% | ~$53,928 | +28.2% |
| 2029 | ~$2,862,388 | ~$2,862,388 | ~2.0465% | ~$58,578 | +39.2% |
| 2030 | ~$3,109,223 | ~$3,109,223 | ~2.0465% | ~$63,630 | +51.2% |
| 2026 | ~$2,315,602 | ~$2,261,664 | ~1.9977% | ~$45,180 | +12.6% |
| 2027 | ~$2,607,909 | ~$2,487,830 | ~1.9488% | ~$48,484 | +26.8% |
| 2028 | ~$2,937,115 | ~$2,736,613 | ~1.9000% | ~$51,996 | +42.9% |
| 2029 | ~$3,307,878 | ~$3,010,275 | ~1.8512% | ~$55,726 | +60.9% |
| 2030 | ~$3,725,444 | ~$3,311,302 | ~1.8024% | ~$59,682 | +81.2% |
In 2025, this property's market value of $2,056,058 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +45% above 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 | $2,056,058 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,229,554 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,229,554 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,372,928 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.