2500 W WILLIAM CANNON DR 305 TX 78745
| Owner | DRM ENTERPRISES LLC |
|---|---|
| Parcel ID | 0415191818 |
| Short ID | 759662 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 978 SF |
| Land SF | 5,021 SF |
| Acres | 0.115 |
| Year Built | 2008 |
| Legal | UNT 305 BLD 3 STONEGATE TWO OFFICE CONDOMINIUMS PHS 1 AMENDED PLUS 1.3878 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $50,213 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $50,213 |
| Improvement | $422,540 |
|---|---|
| Total Improvement | $422,540 |
| Market | $472,753 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $472,753 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $472,753 |
| Taxable Value | $472,753 |
|---|
Appreciation: Market value has risen +28.7% from $367,239 (2021) to $472,753 (2025), a CAGR of 6.5% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2024→2025), 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 $9,675. 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 ($50,213 land vs $422,540 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 $472,753, 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 +6.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $648,248 by 2030, with an estimated annual tax burden around $12,211. 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 | 978 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% | $4,024.00 | $4,024.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,279.12 | $2,279.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,634.67 | $1,634.67 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $513.32 | $513.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $449.72 | $449.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,900.83 | $8,900.83 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $476,613 | $472,753 | +0.8% |
| Assessed Value | $476,613 | $472,753 | +0.8% |
| Land Value | $50,213 | $50,213 | +0.0% |
| Improvement Value | $426,400 | $422,540 | +0.9% |
| Taxable Value | $476,613 | $472,753 | +0.8% |
| Total Tax 2026 = estimate |
~$9,754
Estimated
|
~$8,901
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $476,613 | $476,613 | +0 (+0.0%) |
| Taxable Value | $476,613 | $476,613 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $476,613 | $50,213 | $426,400 | — | $476,613 | $476,613 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $472,753 | $50,213 | $422,540 | — | $472,753 | $472,753 | ~$8,901 | Partial |
| 2024 | $390,575 | — | — | −$340,362 | $50,213 | $— | $8,589 | Verified |
| 2023 | $396,090 | — | — | −$345,877 | $50,213 | $— | $7,066 | Verified |
| 2022 | $367,239 | — | — | −$317,026 | $50,213 | $— | $7,822 | Verified |
| 2021 | $367,239 | — | — | −$317,026 | $50,213 | $— | $6,808 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | -31.9% | +0.9% | ~100% | Not available | Partial |
| 2024 | +46.4% | -1.2% | 67.5% | 1.2400% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.4900% | Verified |
| 2022 | +2.8% | +2.8% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 1.8500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +5.7% | +6.3% | +21.0% | 2025 | -1.4% | 2024 |
| Assessment Ratio | 100.0% | 42.2% | — | 100.0% | 2025 | 12.7% | 2023 |
| Effective Tax Rate (2025) | 1.8800% | 1.8800% | — | 1.8800% | 2025 | 1.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,901 | $7,837 | ~$11,155 | $8,901 | 2025 | $6,808 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$503,565 | ~$503,565 | ~2.0139% | ~$10,141 | +6.5% |
| 2027 | ~$536,386 | ~$536,386 | ~1.9814% | ~$10,628 | +13.5% |
| 2028 | ~$571,345 | ~$571,345 | ~1.9488% | ~$11,135 | +20.9% |
| 2029 | ~$608,583 | ~$608,583 | ~1.9163% | ~$11,662 | +28.7% |
| 2030 | ~$648,248 | ~$648,248 | ~1.8837% | ~$12,211 | +37.1% |
| 2026 | ~$494,110 | ~$494,110 | ~2.0465% | ~$10,112 | +4.5% |
| 2027 | ~$516,432 | ~$516,432 | ~2.0465% | ~$10,569 | +9.2% |
| 2028 | ~$539,762 | ~$539,762 | ~2.0465% | ~$11,046 | +14.2% |
| 2029 | ~$564,147 | ~$564,147 | ~2.0465% | ~$11,545 | +19.3% |
| 2030 | ~$589,633 | ~$589,633 | ~2.0465% | ~$12,067 | +24.7% |
| 2026 | ~$513,020 | ~$513,020 | ~1.9977% | ~$10,248 | +8.5% |
| 2027 | ~$556,717 | ~$556,717 | ~1.9488% | ~$10,850 | +17.8% |
| 2028 | ~$604,136 | ~$604,136 | ~1.9000% | ~$11,479 | +27.8% |
| 2029 | ~$655,594 | ~$655,594 | ~1.8512% | ~$12,136 | +38.7% |
| 2030 | ~$711,435 | ~$711,435 | ~1.8024% | ~$12,823 | +50.5% |
In 2025, this property's market value of $472,753 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -67% 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 | $472,753 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $390,575 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $396,090 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $367,239 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $367,239 | $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.