2500 W WILLIAM CANNON DR 407 TX 78745
| Owner | F F UNIVERSE LLC |
|---|---|
| Parcel ID | 0415191826 |
| Short ID | 759670 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,449 SF |
| Land SF | 12,229 SF |
| Acres | 0.281 |
| Year Built | 2008 |
| Legal | UNT 407 BLD 4 STONEGATE TWO OFFICE CONDOMINIUMS PHS 1 AMENDED PLUS 3.3798 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $122,287 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $122,287 |
| Improvement | $879,149 |
|---|---|
| Total Improvement | $879,149 |
| Market | $1,001,436 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,001,436 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,001,436 |
| Taxable Value | $1,001,436 |
|---|
Appreciation: Market value has risen +4.9% from $954,569 (2021) to $1,001,436 (2025), a CAGR of 1.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 lagged 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 $20,494. 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 ($122,287 land vs $879,149 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 $1,001,436, 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 +1.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,063,269 by 2030, with an estimated annual tax burden around $20,029. 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 | 2,449 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% | $9,265.29 | $9,265.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,247.69 | $5,247.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,763.85 | $3,763.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,181.92 | $1,181.92 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,035.48 | $1,035.48 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,494.23 | $20,494.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,001,436 | $1,001,436 | +0.0% |
| Assessed Value | $1,001,436 | $1,001,436 | +0.0% |
| Land Value | $122,287 | $122,287 | +0.0% |
| Improvement Value | $879,149 | $879,149 | +0.0% |
| Taxable Value | $1,001,436 | $1,001,436 | +0.0% |
| Total Tax 2026 = estimate |
~$20,494
Estimated
|
~$20,494
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,080,526 | $1,001,436 | -79,090 (-7.3%) |
| Taxable Value | $1,080,526 | $1,001,436 | -79,090 (-7.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,001,436 | $122,287 | $879,149 | — | $1,001,436 | $1,001,436 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,001,436 | $122,287 | $879,149 | — | $1,001,436 | $1,001,436 | ~$20,494 | Partial |
| 2024 | $1,010,966 | — | — | −$888,679 | $122,287 | $— | $22,811 | Verified |
| 2023 | $1,002,807 | — | — | −$880,520 | $122,287 | $— | $18,291 | Verified |
| 2022 | $955,508 | — | — | −$833,221 | $122,287 | $— | $19,805 | Verified |
| 2021 | $954,569 | — | — | −$832,282 | $122,287 | $— | $20,798 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +7.9% | +7.9% | ~100% | Not available | Partial |
| 2025 | -13.0% | -13.0% | ~100% | Not available | Partial |
| 2024 | +13.9% | +13.9% | ~100% | 1.9800% | Verified |
| 2023 | +0.8% | +0.8% | ~100% | 1.8100% | Verified |
| 2022 | +5.0% | +5.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.0% | +1.2% | +5.0% | 2023 | -0.9% | 2025 |
| Assessment Ratio | 100.0% | 41.6% | — | 100.0% | 2025 | 12.1% | 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 |
$20,494 | $20,440 | ~$20,226 | $22,811 | 2024 | $18,291 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,013,508 | ~$1,013,508 | ~2.0139% | ~$20,411 | +1.2% |
| 2027 | ~$1,025,725 | ~$1,025,725 | ~1.9814% | ~$20,324 | +2.4% |
| 2028 | ~$1,038,090 | ~$1,038,090 | ~1.9488% | ~$20,231 | +3.7% |
| 2029 | ~$1,050,604 | ~$1,050,604 | ~1.9163% | ~$20,133 | +4.9% |
| 2030 | ~$1,063,269 | ~$1,063,269 | ~1.8837% | ~$20,029 | +6.2% |
| 2026 | ~$993,479 | ~$993,479 | ~2.0465% | ~$20,331 | -0.8% |
| 2027 | ~$985,586 | ~$985,586 | ~2.0465% | ~$20,170 | -1.6% |
| 2028 | ~$977,755 | ~$977,755 | ~2.0465% | ~$20,010 | -2.4% |
| 2029 | ~$969,986 | ~$969,986 | ~2.0465% | ~$19,851 | -3.1% |
| 2030 | ~$962,279 | ~$962,279 | ~2.0465% | ~$19,693 | -3.9% |
| 2026 | ~$1,033,537 | ~$1,033,537 | ~1.9977% | ~$20,647 | +3.2% |
| 2027 | ~$1,066,666 | ~$1,066,666 | ~1.9488% | ~$20,788 | +6.5% |
| 2028 | ~$1,100,858 | ~$1,100,858 | ~1.9000% | ~$20,916 | +9.9% |
| 2029 | ~$1,136,146 | ~$1,136,146 | ~1.8512% | ~$21,032 | +13.5% |
| 2030 | ~$1,172,564 | ~$1,172,564 | ~1.8024% | ~$21,134 | +17.1% |
In 2025, this property's market value of $1,001,436 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -29% 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 | $1,001,436 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,010,966 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,002,807 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $955,508 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $954,569 | $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.