2500 W WILLIAM CANNON DR 205 TX 78745
| Owner | NEWPORT ADVANCED SOLUTIONS LLC |
|---|---|
| Parcel ID | 0415191810 |
| Short ID | 759654 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 3,076 SF |
| Land SF | 15,622 SF |
| Acres | 0.359 |
| Year Built | 2008 |
| Legal | UNT 205 BLD 2 STONEGATE TWO OFFICE CONDOMINIUMS PHS 1 AMENDED PLUS 4.3175 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $156,215 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $156,215 |
| Improvement | $1,169,969 |
|---|---|
| Total Improvement | $1,169,969 |
| Market | $1,326,184 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,326,184 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,326,184 |
| Taxable Value | $1,326,184 |
|---|
Appreciation: Market value has risen +45.7% from $910,500 (2021) to $1,326,184 (2025), a CAGR of 9.9% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $27,140. 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 ($156,215 land vs $1,169,969 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~18 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,326,184, 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 +9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,122,064 by 2030, with an estimated annual tax burden around $39,974. 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 | 3,076 SF | ✓ |
Market value changed by 78% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $12,269.85 | $12,269.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,949.43 | $6,949.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,984.40 | $4,984.40 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,565.20 | $1,565.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,371.27 | $1,371.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,140.15 | $27,140.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,336,856 | $1,326,184 | +0.8% |
| Assessed Value | $1,336,856 | $1,326,184 | +0.8% |
| Land Value | $156,215 | $156,215 | +0.0% |
| Improvement Value | $1,180,641 | $1,169,969 | +0.9% |
| Taxable Value | $1,336,856 | $1,326,184 | +0.8% |
| Total Tax 2026 = estimate |
~$27,359
Estimated
|
~$27,140
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,336,856 | $1,336,856 | +0 (+0.0%) |
| Taxable Value | $1,336,856 | $1,336,856 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,336,856 | $156,215 | $1,180,641 | — | $1,336,856 | $1,336,856 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,326,184 | $156,215 | $1,169,969 | — | $1,326,184 | $1,326,184 | ~$27,140 | Partial |
| 2024 | $1,088,000 | — | — | −$931,785 | $156,215 | $— | $25,875 | Verified |
| 2023 | $1,076,000 | — | — | −$919,785 | $156,215 | $— | $19,685 | Verified |
| 2022 | $1,088,800 | — | — | −$932,585 | $156,215 | $— | $21,250 | Verified |
| 2021 | $910,500 | — | — | −$754,285 | $156,215 | $— | $23,700 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | -31.7% | +1.6% | ~100% | Not available | Partial |
| 2024 | +78.3% ! | +20.0% | 67.3% | 1.3300% | Verified |
| 2023 | +1.1% | +1.1% | ~100% | 1.8100% | Verified |
| 2022 | -13.5% | -13.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +8.4% | +9.7% | +21.9% | 2025 | -1.2% | 2023 |
| Assessment Ratio | 100.0% | 43.4% | — | 100.0% | 2025 | 14.3% | 2022 |
| 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 |
$27,140 | $23,530 | ~$34,462 | $27,140 | 2025 | $19,685 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,456,917 | ~$1,456,917 | ~2.0139% | ~$29,341 | +9.9% |
| 2027 | ~$1,600,537 | ~$1,600,537 | ~1.9814% | ~$31,713 | +20.7% |
| 2028 | ~$1,758,315 | ~$1,758,315 | ~1.9488% | ~$34,267 | +32.6% |
| 2029 | ~$1,931,646 | ~$1,931,646 | ~1.9163% | ~$37,016 | +45.7% |
| 2030 | ~$2,122,064 | ~$2,122,064 | ~1.8837% | ~$39,974 | +60.0% |
| 2026 | ~$1,430,393 | ~$1,430,393 | ~2.0465% | ~$29,273 | +7.9% |
| 2027 | ~$1,542,791 | ~$1,542,791 | ~2.0465% | ~$31,573 | +16.3% |
| 2028 | ~$1,664,020 | ~$1,664,020 | ~2.0465% | ~$34,054 | +25.5% |
| 2029 | ~$1,794,776 | ~$1,794,776 | ~2.0465% | ~$36,730 | +35.3% |
| 2030 | ~$1,935,806 | ~$1,935,806 | ~2.0465% | ~$39,616 | +46.0% |
| 2026 | ~$1,483,440 | ~$1,458,802 | ~1.9977% | ~$29,142 | +11.9% |
| 2027 | ~$1,659,344 | ~$1,604,683 | ~1.9488% | ~$31,273 | +25.1% |
| 2028 | ~$1,856,106 | ~$1,765,151 | ~1.9000% | ~$33,538 | +40.0% |
| 2029 | ~$2,076,200 | ~$1,941,666 | ~1.8512% | ~$35,944 | +56.6% |
| 2030 | ~$2,322,392 | ~$2,135,833 | ~1.8024% | ~$38,496 | +75.1% |
In 2025, this property's market value of $1,326,184 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -6% 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 | $1,326,184 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,088,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,076,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,088,800 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $910,500 | $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.