2501 W WILLIAM CANNON DR 602 TX 78745
| Owner | 2K STONEGATE 601/602 LP |
|---|---|
| Parcel ID | 0415191731 |
| Short ID | 715516 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,041 SF |
| Land SF | 5,601 SF |
| Acres | 0.129 |
| Year Built | 2005 |
| Legal | UNT 602 STONEGATE COMMONS OFFICE CONDOMINIUMS AMENDED PLUS 2.1322 % INT IN COM AREA |
| Neighborhood | 23SC10 |
| Land | $56,014 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $56,014 |
| Improvement | $434,428 |
|---|---|
| Total Improvement | $434,428 |
| Market | $490,442 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $490,442 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $490,442 |
| Taxable Value | $490,442 |
|---|
Appreciation: Market value has risen +41.9% from $345,600 (2021) to $490,442 (2025), a CAGR of 9.1% 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 $10,037. 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 11% of market value ($56,014 land vs $434,428 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 $490,442, 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 +9.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $759,635 by 2030, with an estimated annual tax burden around $14,310. 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 | 1,041 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% | $4,537.57 | $4,537.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,570.00 | $2,570.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,843.30 | $1,843.30 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $578.83 | $578.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $507.12 | $507.12 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,036.82 | $10,036.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $445,003 | $490,442 | -9.3% |
| Assessed Value | $445,003 | $490,442 | -9.3% |
| Land Value | $56,014 | $56,014 | +0.0% |
| Improvement Value | $388,989 | $434,428 | -10.5% |
| Taxable Value | $445,003 | $490,442 | -9.3% |
| Total Tax 2026 = estimate |
~$9,107
Estimated
|
~$10,037
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $489,014 | $445,003 | -44,011 (-9.0%) |
| Taxable Value | $489,014 | $445,003 | -44,011 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $445,003 | $56,014 | $388,989 | — | $445,003 | $445,003 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $490,442 | $56,014 | $434,428 | — | $490,442 | $490,442 | ~$10,037 | Partial |
| 2024 | $510,243 | — | — | −$454,229 | $56,014 | $— | $12,134 | Verified |
| 2023 | $397,671 | — | — | −$341,657 | $56,014 | $— | $9,232 | Verified |
| 2022 | $435,098 | — | — | −$379,084 | $56,014 | $— | $7,854 | Verified |
| 2021 | $345,600 | — | — | −$289,586 | $56,014 | $— | $9,471 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2025 | -28.2% | -19.9% | ~100% | Not available | Partial |
| 2024 | +33.8% | +20.0% | 89.7% | 1.7800% | Verified |
| 2023 | +20.6% | +20.6% | ~100% | 1.8100% | Verified |
| 2022 | -2.8% | -2.8% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.3% | +6.5% | +11.4% | +28.3% | 2024 | -9.3% | 2026 |
| Assessment Ratio | 100.0% | 42.4% | — | 100.0% | 2025 | 11.0% | 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 |
$10,037 | $9,745 | ~$12,486 | $12,134 | 2024 | $7,854 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$535,292 | ~$535,292 | ~2.0139% | ~$10,780 | +9.1% |
| 2027 | ~$584,244 | ~$584,244 | ~1.9814% | ~$11,576 | +19.1% |
| 2028 | ~$637,673 | ~$637,673 | ~1.9488% | ~$12,427 | +30.0% |
| 2029 | ~$695,988 | ~$695,988 | ~1.9163% | ~$13,337 | +41.9% |
| 2030 | ~$759,635 | ~$759,635 | ~1.8837% | ~$14,310 | +54.9% |
| 2026 | ~$525,484 | ~$525,484 | ~2.0465% | ~$10,754 | +7.1% |
| 2027 | ~$563,029 | ~$563,029 | ~2.0465% | ~$11,522 | +14.8% |
| 2028 | ~$603,257 | ~$603,257 | ~2.0465% | ~$12,346 | +23.0% |
| 2029 | ~$646,359 | ~$646,359 | ~2.0465% | ~$13,228 | +31.8% |
| 2030 | ~$692,541 | ~$692,541 | ~2.0465% | ~$14,173 | +41.2% |
| 2026 | ~$545,101 | ~$539,486 | ~1.9977% | ~$10,777 | +11.1% |
| 2027 | ~$605,852 | ~$593,435 | ~1.9488% | ~$11,565 | +23.5% |
| 2028 | ~$673,374 | ~$652,778 | ~1.9000% | ~$12,403 | +37.3% |
| 2029 | ~$748,421 | ~$718,056 | ~1.8512% | ~$13,293 | +52.6% |
| 2030 | ~$831,832 | ~$789,862 | ~1.8024% | ~$14,236 | +69.6% |
In 2025, this property's market value of $490,442 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -65% 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 | $490,442 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $510,243 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $397,671 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $435,098 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $345,600 | $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.