2500 W WILLIAM CANNON DR 306 TX 78745
| Owner | DRM ENTERPRISES LLC |
|---|---|
| Parcel ID | 0415191819 |
| Short ID | 759663 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,555 SF |
| Land SF | 7,675 SF |
| Acres | 0.176 |
| Year Built | 2008 |
| Legal | UNT 306 BLD 3 STONEGATE TWO OFFICE CONDOMINIUMS PHS 1 AMENDED PLUS 2.1212 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $76,749 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $76,749 |
| Improvement | $637,384 |
|---|---|
| Total Improvement | $637,384 |
| Market | $714,133 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $714,133 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $714,133 |
| Taxable Value | $714,133 |
|---|
Appreciation: Market value has risen +48.0% from $482,517 (2021) to $714,133 (2025), a CAGR of 10.3% 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 $14,615. 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 ($76,749 land vs $637,384 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 $714,133, 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 +10.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,165,768 by 2030, with an estimated annual tax burden around $21,665. 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 | 1,555 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% | $5,407.30 | $5,407.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,062.60 | $3,062.60 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,196.61 | $2,196.61 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $689.78 | $689.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $604.32 | $604.32 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,960.61 | $11,960.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $719,942 | $714,133 | +0.8% |
| Assessed Value | $701,336 | $714,133 | -1.8% |
| Land Value | $76,749 | $76,749 | +0.0% |
| Improvement Value | $643,193 | $637,384 | +0.9% |
| Taxable Value | $701,336 | $714,133 | -1.8% |
| HS Cap Loss | -$18,606 | — | |
| Total Tax 2026 = estimate |
~$14,353
Estimated
|
~$11,961
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $719,942 | $719,942 | +0 (+0.0%) |
| Taxable Value | $701,336 | $701,336 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $719,942 | $76,749 | $643,193 | −$18,606 | $701,336 | $701,336 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $714,133 | $76,749 | $637,384 | — | $714,133 | $714,133 | ~$11,961 | Partial |
| 2024 | $621,006 | — | — | −$544,257 | $76,749 | $— | $12,969 | Verified |
| 2023 | $600,200 | — | — | −$523,451 | $76,749 | $— | $11,236 | Verified |
| 2022 | $482,517 | — | — | −$405,768 | $76,749 | $— | $11,853 | Verified |
| 2021 | $482,517 | — | — | −$405,768 | $76,749 | $— | $10,347 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | -1.8% | 97.4% | Not available | Partial |
| 2025 | -31.9% | -4.2% | ~100% | Not available | Partial |
| 2024 | +46.4% | +4.0% | 71.1% | 1.2400% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.5700% | Verified |
| 2022 | +2.8% | +2.8% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1400% | 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% | +8.7% | +10.1% | +24.4% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 97.4% | 42.4% | — | 100.0% | 2025 | 12.4% | 2024 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,961 | $11,673 | ~$18,633 | $12,969 | 2024 | $10,347 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$787,673 | ~$785,546 | ~2.0139% | ~$15,820 | +10.3% |
| 2027 | ~$868,785 | ~$864,101 | ~1.9814% | ~$17,121 | +21.7% |
| 2028 | ~$958,250 | ~$950,511 | ~1.9488% | ~$18,524 | +34.2% |
| 2029 | ~$1,056,928 | ~$1,045,562 | ~1.9163% | ~$20,036 | +48.0% |
| 2030 | ~$1,165,768 | ~$1,150,118 | ~1.8837% | ~$21,665 | +63.2% |
| 2026 | ~$773,390 | ~$773,390 | ~2.0465% | ~$15,827 | +8.3% |
| 2027 | ~$837,564 | ~$837,564 | ~2.0465% | ~$17,141 | +17.3% |
| 2028 | ~$907,063 | ~$907,063 | ~2.0465% | ~$18,563 | +27.0% |
| 2029 | ~$982,328 | ~$982,328 | ~2.0465% | ~$20,103 | +37.6% |
| 2030 | ~$1,063,839 | ~$1,063,839 | ~2.0465% | ~$21,771 | +49.0% |
| 2026 | ~$801,955 | ~$785,546 | ~1.9977% | ~$15,693 | +12.3% |
| 2027 | ~$900,578 | ~$864,101 | ~1.9488% | ~$16,840 | +26.1% |
| 2028 | ~$1,011,328 | ~$950,511 | ~1.9000% | ~$18,060 | +41.6% |
| 2029 | ~$1,135,699 | ~$1,045,562 | ~1.8512% | ~$19,355 | +59.0% |
| 2030 | ~$1,275,364 | ~$1,150,118 | ~1.8024% | ~$20,729 | +78.6% |
In 2025, this property's market value of $714,133 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% 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 | $714,133 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $621,006 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $600,200 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $482,517 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $482,517 | $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.