2305 W WILLIAM CANNON DR TX 78745
| Owner | BMRL PROPERTIES LLC |
|---|---|
| Parcel ID | 0415190313 |
| Short ID | 484769 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,813 SF |
| Land SF | 32,495 SF |
| Acres | 0.746 |
| Year Built | 2001 |
| Legal | LOT 1 BLK A SIMONS SUBD |
| Neighborhood | 53SOU |
| Land | $324,950 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $324,950 |
| Improvement | $1,128,074 |
|---|---|
| Total Improvement | $1,128,074 |
| Market | $1,453,024 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,453,024 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,453,024 |
| Taxable Value | $1,453,024 |
|---|
Appreciation: Market value has risen +50.9% from $963,166 (2021) to $1,453,024 (2025), a CAGR of 10.8% 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 $29,736. 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 22% of market value ($324,950 land vs $1,128,074 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,453,024, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,429,335 by 2030, with an estimated annual tax burden around $44,082. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,000 SF | ✗ |
| 1ST | 1st Floor | 3,813 SF | ✓ |
| 501 | CANOPY | 303 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% | $13,443.38 | $13,443.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,614.09 | $7,614.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,461.12 | $5,461.12 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,714.90 | $1,714.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,502.43 | $1,502.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,735.92 | $29,735.92 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,139,310 | $1,453,024 | -21.6% |
| Assessed Value | $1,139,310 | $1,453,024 | -21.6% |
| Land Value | $324,950 | $324,950 | +0.0% |
| Improvement Value | $814,360 | $1,128,074 | -27.8% |
| Taxable Value | $1,139,310 | $1,453,024 | -21.6% |
| Total Tax 2026 = estimate |
~$23,316
Estimated
|
~$29,736
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,139,310 | $1,139,310 | +0 (+0.0%) |
| Taxable Value | $1,139,310 | $1,139,310 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,139,310 | $324,950 | $814,360 | — | $1,139,310 | $1,139,310 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,453,024 | $324,950 | $1,128,074 | — | $1,453,024 | $1,453,024 | ~$29,736 | Partial |
| 2024 | $1,514,803 | — | — | −$1,189,853 | $324,950 | $— | $36,025 | Verified |
| 2023 | $1,163,863 | — | — | −$838,913 | $324,950 | $— | $27,407 | Verified |
| 2022 | $1,133,000 | — | — | −$808,050 | $324,950 | $— | $22,985 | Verified |
| 2021 | $963,166 | — | — | −$638,216 | $324,950 | $— | $24,662 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -21.6% | -21.6% | ~100% | Not available | Partial |
| 2025 | -35.5% | -20.1% | ~100% | Not available | Partial |
| 2024 | +39.7% | +12.8% | 80.7% | 1.6000% | Verified |
| 2023 | +38.5% | +38.5% | ~100% | 1.7000% | Verified |
| 2022 | +2.7% | +2.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +28.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -21.6% | +5.0% | +16.9% | +30.2% | 2024 | -21.6% | 2026 |
| Assessment Ratio | 100.0% | 52.0% | — | 100.0% | 2025 | 21.5% | 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 |
$29,736 | $28,163 | ~$37,913 | $36,025 | 2024 | $22,985 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,610,333 | ~$1,598,326 | ~2.0139% | ~$32,189 | +10.8% |
| 2027 | ~$1,784,673 | ~$1,758,159 | ~1.9814% | ~$34,836 | +22.8% |
| 2028 | ~$1,977,887 | ~$1,933,975 | ~1.9488% | ~$37,690 | +36.1% |
| 2029 | ~$2,192,020 | ~$2,127,372 | ~1.9163% | ~$40,767 | +50.9% |
| 2030 | ~$2,429,335 | ~$2,340,110 | ~1.8837% | ~$44,082 | +67.2% |
| 2026 | ~$1,581,273 | ~$1,581,273 | ~2.0465% | ~$32,361 | +8.8% |
| 2027 | ~$1,720,841 | ~$1,720,841 | ~2.0465% | ~$35,217 | +18.4% |
| 2028 | ~$1,872,728 | ~$1,872,728 | ~2.0465% | ~$38,325 | +28.9% |
| 2029 | ~$2,038,021 | ~$2,038,021 | ~2.0465% | ~$41,708 | +40.3% |
| 2030 | ~$2,217,903 | ~$2,217,903 | ~2.0465% | ~$45,389 | +52.6% |
| 2026 | ~$1,639,394 | ~$1,598,326 | ~1.9977% | ~$31,929 | +12.8% |
| 2027 | ~$1,849,667 | ~$1,758,159 | ~1.9488% | ~$34,264 | +27.3% |
| 2028 | ~$2,086,912 | ~$1,933,975 | ~1.9000% | ~$36,746 | +43.6% |
| 2029 | ~$2,354,586 | ~$2,127,372 | ~1.8512% | ~$39,382 | +62.0% |
| 2030 | ~$2,656,592 | ~$2,340,110 | ~1.8024% | ~$42,177 | +82.8% |
In 2025, this property's market value of $1,453,024 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +3% 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 | $1,453,024 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,514,803 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,163,863 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,133,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $963,166 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.