3416 W WILLIAM CANNON DR AUSTIN, TX 78745
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0414230204 |
| Short ID | 511564 |
| Type | Real |
| Use Code | 84 Mini-Lube / Tune-Up |
| Valuation | Income |
| Improvement SF | 3,300 SF |
| Land SF | 34,804 SF |
| Acres | 0.799 |
| Year Built | 2003 |
| Legal | LOT 3 BLK 1 * LESS .005AC COURTEPLACE |
| Neighborhood | 84SOU |
| Land | $469,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $469,860 |
| Improvement | $841,277 |
|---|---|
| Total Improvement | $841,277 |
| Market | $1,311,137 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,311,137 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,311,137 |
| Taxable Value | $1,311,137 |
|---|
Appreciation: Market value has risen +12.5% from $1,165,319 (2021) to $1,311,137 (2025), a CAGR of 3.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 lagged 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 $26,832. 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 36% of market value ($469,860 land vs $841,277 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~23 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,311,137, this parcel sits in the lower-middle (25th–50th 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 +3.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,519,330 by 2030, with an estimated annual tax burden around $28,620. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 12,250 SF | ✗ |
| 1ST | 1st Floor | 3,300 SF | ✓ |
| UBSMT | Unfinished Basement | 1,628 SF | ✓ |
| MEZZ | Mezzanine | 748 SF | ✓ |
| 541 | FENCE COMM LF | 260 SF | ✗ |
| 327 | STORAGE COMM'L | 126 SF | ✓ |
| 437 | FENCE MASON LF | 33 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% | $12,130.64 | $12,130.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,870.58 | $6,870.58 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,927.84 | $4,927.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,547.44 | $1,547.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,355.72 | $1,355.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,832.22 | $26,832.22 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,728,176 | $1,311,137 | +31.8% |
| Assessed Value | $1,573,364 | $1,311,137 | +20.0% |
| Land Value | $469,860 | $469,860 | +0.0% |
| Improvement Value | $1,258,316 | $841,277 | +49.6% |
| Taxable Value | $1,573,364 | $1,311,137 | +20.0% |
| HS Cap Loss | -$154,812 | — | |
| Total Tax 2026 = estimate |
~$32,199
Estimated
|
~$26,832
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,728,176 | $1,728,176 | +0 (+0.0%) |
| Taxable Value | $1,573,364 | $1,573,364 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,728,176 | $469,860 | $1,258,316 | −$154,812 | $1,573,364 | $1,573,364 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,311,137 | $469,860 | $841,277 | — | $1,311,137 | $1,311,137 | ~$26,832 | Partial |
| 2024 | $1,546,006 | — | — | −$1,076,146 | $469,860 | $— | $25,954 | Verified |
| 2023 | $1,206,387 | — | — | −$893,147 | $313,240 | $— | $27,971 | Verified |
| 2022 | $1,157,774 | — | — | −$846,473 | $311,301 | $— | $23,825 | Verified |
| 2021 | $1,165,319 | — | — | −$854,018 | $311,301 | $— | $25,201 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +31.8% | +20.0% | 91.0% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -15.3% | -15.3% | ~100% | 1.9800% | Verified |
| 2023 | +28.2% | +28.2% | ~100% | 1.8100% | Verified |
| 2022 | +4.2% | +4.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.8% | +9.7% | -2.0% | +31.8% | 2026 | -15.2% | 2025 |
| Assessment Ratio | 91.0% | 50.2% | — | 100.0% | 2025 | 26.0% | 2023 |
| 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 |
$26,832 | $25,957 | ~$27,911 | $27,971 | 2023 | $23,825 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,350,358 | ~$1,350,358 | ~2.0139% | ~$27,195 | +3.0% |
| 2027 | ~$1,390,752 | ~$1,390,752 | ~1.9814% | ~$27,556 | +6.1% |
| 2028 | ~$1,432,354 | ~$1,432,354 | ~1.9488% | ~$27,914 | +9.2% |
| 2029 | ~$1,475,201 | ~$1,475,201 | ~1.9163% | ~$28,269 | +12.5% |
| 2030 | ~$1,519,330 | ~$1,519,330 | ~1.8837% | ~$28,620 | +15.9% |
| 2026 | ~$1,324,135 | ~$1,324,135 | ~2.0465% | ~$27,098 | +1.0% |
| 2027 | ~$1,337,262 | ~$1,337,262 | ~2.0465% | ~$27,367 | +2.0% |
| 2028 | ~$1,350,519 | ~$1,350,519 | ~2.0465% | ~$27,638 | +3.0% |
| 2029 | ~$1,363,908 | ~$1,363,908 | ~2.0465% | ~$27,912 | +4.0% |
| 2030 | ~$1,377,429 | ~$1,377,429 | ~2.0465% | ~$28,189 | +5.1% |
| 2026 | ~$1,376,581 | ~$1,376,581 | ~1.9977% | ~$27,499 | +5.0% |
| 2027 | ~$1,445,291 | ~$1,445,291 | ~1.9488% | ~$28,166 | +10.2% |
| 2028 | ~$1,517,431 | ~$1,517,431 | ~1.9000% | ~$28,831 | +15.7% |
| 2029 | ~$1,593,171 | ~$1,593,171 | ~1.8512% | ~$29,493 | +21.5% |
| 2030 | ~$1,672,692 | ~$1,672,692 | ~1.8024% | ~$30,148 | +27.6% |
In 2025, this property's market value of $1,311,137 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% 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 | $1,311,137 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,546,006 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,206,387 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,157,774 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,165,319 | $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.