3601 W WILLIAM CANNON DR 5 TX 78745
| Owner | 3601 SOUTHCROSS LP |
|---|---|
| Parcel ID | 0414230303 |
| Short ID | 511572 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 11,550 SF |
| Land SF | 56,976 SF |
| Acres | 1.308 |
| Year Built | 1999 |
| Legal | LOT 5A BLK A SOUTHCROSS PLAZA AMENDED PLAT OF LOTS 4,5&8 RESUB OF |
| Neighborhood | 43SOU |
| Land | $854,640 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $854,640 |
| Improvement | $1,472,860 |
|---|---|
| Total Improvement | $1,472,860 |
| Market | $2,327,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,327,500 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,327,500 |
| Taxable Value | $2,327,500 |
|---|
Appreciation: Market value has fallen -13.1% from $2,677,686 (2021) to $2,327,500 (2025), a CAGR of -3.4% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $47,632. 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 37% of market value ($854,640 land vs $1,472,860 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,327,500, 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 -3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,953,450 by 2030, with an estimated annual tax burden around $36,798. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 38,000 SF | ✗ |
| 1ST | 1st Floor | 11,550 SF | ✓ |
| 491 | SPRINKLER HEADS | 11,550 SF | ✗ |
| 611 | TERRACE | 2,100 SF | ✗ |
| 501 | CANOPY | 1,320 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $21,534.03 | $21,534.03 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,196.50 | $12,196.50 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,747.79 | $8,747.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,746.99 | $2,746.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,406.64 | $2,406.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,631.95 | $47,631.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,560,000 | $2,327,500 | +10.0% |
| Assessed Value | $2,560,000 | $2,327,500 | +10.0% |
| Land Value | $854,640 | $854,640 | +0.0% |
| Improvement Value | $1,705,360 | $1,472,860 | +15.8% |
| Taxable Value | $2,560,000 | $2,327,500 | +10.0% |
| Total Tax 2026 = estimate |
~$52,390
Estimated
|
~$47,632
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,609,326 | $2,560,000 | -49,326 (-1.9%) |
| Taxable Value | $2,609,326 | $2,560,000 | -49,326 (-1.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,560,000 | $854,640 | $1,705,360 | — | $2,560,000 | $2,560,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,327,500 | $854,640 | $1,472,860 | — | $2,327,500 | $2,327,500 | ~$47,632 | Partial |
| 2024 | $2,518,000 | — | — | −$1,663,360 | $854,640 | $— | $50,199 | Verified |
| 2023 | $2,393,473 | — | — | −$1,823,713 | $569,760 | $— | $45,557 | Verified |
| 2022 | $2,366,110 | — | — | −$1,796,350 | $569,760 | $— | $47,269 | Verified |
| 2021 | $2,677,686 | — | — | −$2,107,926 | $569,760 | $— | $51,503 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.1% | +12.1% | ~100% | Not available | Partial |
| 2025 | -8.1% | -8.1% | ~100% | Not available | Partial |
| 2024 | +0.6% | +0.6% | ~100% | 1.9800% | Verified |
| 2023 | +5.2% | +5.2% | ~100% | 1.8100% | Verified |
| 2022 | +1.2% | +1.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -1.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.0% | -0.6% | -5.2% | +10.0% | 2026 | -11.6% | 2022 |
| Assessment Ratio | 100.0% | 50.5% | — | 100.0% | 2025 | 21.3% | 2021 |
| 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 |
$47,632 | $48,432 | ~$40,931 | $51,503 | 2021 | $45,557 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,247,358 | ~$2,247,358 | ~2.0139% | ~$45,260 | -3.4% |
| 2027 | ~$2,169,975 | ~$2,169,975 | ~1.9814% | ~$42,996 | -6.8% |
| 2028 | ~$2,095,257 | ~$2,095,257 | ~1.9488% | ~$40,833 | -10.0% |
| 2029 | ~$2,023,111 | ~$2,023,111 | ~1.9163% | ~$38,769 | -13.1% |
| 2030 | ~$1,953,450 | ~$1,953,450 | ~1.8837% | ~$36,798 | -16.1% |
| 2026 | ~$2,211,125 | ~$2,211,125 | ~2.0465% | ~$45,250 | -5.0% |
| 2027 | ~$2,100,569 | ~$2,100,569 | ~2.0465% | ~$42,988 | -9.7% |
| 2028 | ~$1,995,540 | ~$1,995,540 | ~2.0465% | ~$40,838 | -14.3% |
| 2029 | ~$1,895,763 | ~$1,895,763 | ~2.0465% | ~$38,797 | -18.5% |
| 2030 | ~$1,800,975 | ~$1,800,975 | ~2.0465% | ~$36,857 | -22.6% |
| 2026 | ~$2,293,908 | ~$2,293,908 | ~1.9977% | ~$45,825 | -1.4% |
| 2027 | ~$2,260,800 | ~$2,260,800 | ~1.9488% | ~$44,059 | -2.9% |
| 2028 | ~$2,228,171 | ~$2,228,171 | ~1.9000% | ~$42,336 | -4.3% |
| 2029 | ~$2,196,012 | ~$2,196,012 | ~1.8512% | ~$40,652 | -5.6% |
| 2030 | ~$2,164,317 | ~$2,164,317 | ~1.8024% | ~$39,009 | -7.0% |
In 2025, this property's market value of $2,327,500 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +64% 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 | $2,327,500 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,518,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,393,473 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,366,110 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,677,686 | $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.