2501 W WILLIAM CANNON DR 208 TX 78745
| Owner | KENZIE PROPERTIES LLC |
|---|---|
| Parcel ID | 0415191717 |
| Short ID | 715502 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 836 SF |
| Land SF | 4,493 SF |
| Acres | 0.103 |
| Year Built | 2005 |
| Legal | UNT 208 STONEGATE COMMONS OFFICE CONDOMINIUMS AMENDED PLUS 1.7123 % INT IN COM AREA |
| Neighborhood | 23SC10 |
| Land | $44,928 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $44,928 |
| Improvement | $317,373 |
|---|---|
| Total Improvement | $317,373 |
| Market | $362,301 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $362,301 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $362,301 |
| Taxable Value | $362,301 |
|---|
Appreciation: Market value has risen +35.7% from $267,000 (2021) to $362,301 (2025), a CAGR of 7.9% over 4 years. This represents moderate, steady growth. 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 $7,414. 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 12% of market value ($44,928 land vs $317,373 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~21 yrs), and rent roll drive the underwriting.
Submarket Position: At $362,301, 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 +7.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $530,600 by 2030, with an estimated annual tax burden around $9,995. 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 | 836 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% | $3,352.01 | $3,352.01 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,898.52 | $1,898.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,361.69 | $1,361.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $427.60 | $427.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $374.62 | $374.62 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,414.44 | $7,414.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $362,301 | $362,301 | +0.0% |
| Assessed Value | $362,301 | $362,301 | +0.0% |
| Land Value | $44,928 | $44,928 | +0.0% |
| Improvement Value | $317,373 | $317,373 | +0.0% |
| Taxable Value | $362,301 | $362,301 | +0.0% |
| Total Tax 2026 = estimate |
~$7,414
Estimated
|
~$7,414
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $392,659 | $362,301 | -30,358 (-7.7%) |
| Taxable Value | $392,659 | $362,301 | -30,358 (-7.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $362,301 | $44,928 | $317,373 | — | $362,301 | $362,301 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $362,301 | $44,928 | $317,373 | — | $362,301 | $362,301 | ~$7,414 | Partial |
| 2024 | $435,863 | — | — | −$390,935 | $44,928 | $— | $10,366 | Verified |
| 2023 | $339,690 | — | — | −$294,762 | $44,928 | $— | $7,886 | Verified |
| 2022 | $354,603 | — | — | −$309,675 | $44,928 | $— | $6,709 | Verified |
| 2021 | $267,000 | — | — | −$222,072 | $44,928 | $— | $7,719 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.4% | +8.4% | ~100% | Not available | Partial |
| 2025 | -37.2% | -30.7% | ~100% | Not available | Partial |
| 2024 | +32.4% | +20.0% | 90.6% | 1.8000% | Verified |
| 2023 | +28.3% | +28.3% | ~100% | 1.8100% | Verified |
| 2022 | -4.2% | -4.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.8900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.0% | +7.9% | +32.8% | 2022 | -16.9% | 2025 |
| Assessment Ratio | 100.0% | 42.2% | — | 100.0% | 2025 | 10.3% | 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 |
$7,414 | $8,019 | ~$8,906 | $10,366 | 2024 | $6,709 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$391,029 | ~$391,029 | ~2.0139% | ~$7,875 | +7.9% |
| 2027 | ~$422,035 | ~$422,035 | ~1.9814% | ~$8,362 | +16.5% |
| 2028 | ~$455,500 | ~$455,500 | ~1.9488% | ~$8,877 | +25.7% |
| 2029 | ~$491,618 | ~$491,618 | ~1.9163% | ~$9,421 | +35.7% |
| 2030 | ~$530,600 | ~$530,600 | ~1.8837% | ~$9,995 | +46.5% |
| 2026 | ~$383,783 | ~$383,783 | ~2.0465% | ~$7,854 | +5.9% |
| 2027 | ~$406,539 | ~$406,539 | ~2.0465% | ~$8,320 | +12.2% |
| 2028 | ~$430,644 | ~$430,644 | ~2.0465% | ~$8,813 | +18.9% |
| 2029 | ~$456,178 | ~$456,178 | ~2.0465% | ~$9,336 | +25.9% |
| 2030 | ~$483,227 | ~$483,227 | ~2.0465% | ~$9,889 | +33.4% |
| 2026 | ~$398,275 | ~$398,275 | ~1.9977% | ~$7,956 | +9.9% |
| 2027 | ~$437,821 | ~$437,821 | ~1.9488% | ~$8,532 | +20.8% |
| 2028 | ~$481,294 | ~$481,294 | ~1.9000% | ~$9,145 | +32.8% |
| 2029 | ~$529,083 | ~$529,083 | ~1.8512% | ~$9,794 | +46.0% |
| 2030 | ~$581,618 | ~$581,618 | ~1.8024% | ~$10,483 | +60.5% |
In 2025, this property's market value of $362,301 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -74% 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 | $362,301 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $435,863 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $339,690 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $354,603 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $267,000 | $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.