2500 W WILLIAM CANNON DR 505 TX 78745
| Owner | LUQUE REAL ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0415191833 |
| Short ID | 800170 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 821 SF |
| Land SF | 4,116 SF |
| Acres | 0.094 |
| Year Built | 2010 |
| Legal | UNT 505 BLD 5 STONEGATE TWO OFFICE CONDOMINIUMS PHS 2 AMENDED PLUS 1.1377 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $41,164 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,164 |
| Improvement | $362,772 |
|---|---|
| Total Improvement | $362,772 |
| Market | $403,936 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $403,936 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $403,936 |
| Taxable Value | $403,936 |
|---|
Appreciation: Market value has risen +24.1% from $325,400 (2021) to $403,936 (2025), a CAGR of 5.6% 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 $8,266. 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 10% of market value ($41,164 land vs $362,772 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~16 yrs), and rent roll drive the underwriting.
Submarket Position: At $403,936, 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 +5.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $529,275 by 2030, with an estimated annual tax burden around $9,970. 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 | 821 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% | $3,737.22 | $3,737.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,116.69 | $2,116.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,518.17 | $1,518.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $476.74 | $476.74 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $417.67 | $417.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,266.49 | $8,266.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $403,936 | $403,936 | +0.0% |
| Assessed Value | $403,936 | $403,936 | +0.0% |
| Land Value | $41,164 | $41,164 | +0.0% |
| Improvement Value | $362,772 | $362,772 | +0.0% |
| Taxable Value | $403,936 | $403,936 | +0.0% |
| Total Tax 2026 = estimate |
~$8,266
Estimated
|
~$8,266
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $407,341 | $403,936 | -3,405 (-0.8%) |
| Taxable Value | $407,341 | $403,936 | -3,405 (-0.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $403,936 | $41,164 | $362,772 | — | $403,936 | $403,936 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $403,936 | $41,164 | $362,772 | — | $403,936 | $403,936 | ~$8,266 | Partial |
| 2024 | $344,378 | — | — | −$303,214 | $41,164 | $— | $8,190 | Verified |
| 2023 | $335,785 | — | — | −$294,621 | $41,164 | $— | $6,231 | Verified |
| 2022 | $335,785 | — | — | −$294,621 | $41,164 | $— | $6,632 | Verified |
| 2021 | $325,400 | — | — | −$284,236 | $41,164 | $— | $7,309 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.8% | +0.8% | ~100% | Not available | Partial |
| 2025 | -32.0% | -2.3% | ~100% | Not available | Partial |
| 2024 | +46.7% | +2.0% | 69.6% | 1.3800% | Verified |
| 2023 | +20.7% | +20.7% | ~100% | 1.5400% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.6% | +5.6% | +17.3% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 41.6% | — | 100.0% | 2025 | 12.0% | 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 |
$8,266 | $7,326 | ~$9,268 | $8,266 | 2025 | $6,231 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$426,370 | ~$426,370 | ~2.0139% | ~$8,587 | +5.6% |
| 2027 | ~$450,049 | ~$450,049 | ~1.9814% | ~$8,917 | +11.4% |
| 2028 | ~$475,044 | ~$475,044 | ~1.9488% | ~$9,258 | +17.6% |
| 2029 | ~$501,427 | ~$501,427 | ~1.9163% | ~$9,609 | +24.1% |
| 2030 | ~$529,275 | ~$529,275 | ~1.8837% | ~$9,970 | +31.0% |
| 2026 | ~$418,291 | ~$418,291 | ~2.0465% | ~$8,560 | +3.6% |
| 2027 | ~$433,156 | ~$433,156 | ~2.0465% | ~$8,864 | +7.2% |
| 2028 | ~$448,549 | ~$448,549 | ~2.0465% | ~$9,179 | +11.0% |
| 2029 | ~$464,490 | ~$464,490 | ~2.0465% | ~$9,506 | +15.0% |
| 2030 | ~$480,997 | ~$480,997 | ~2.0465% | ~$9,844 | +19.1% |
| 2026 | ~$434,448 | ~$434,448 | ~1.9977% | ~$8,679 | +7.6% |
| 2027 | ~$467,266 | ~$467,266 | ~1.9488% | ~$9,106 | +15.7% |
| 2028 | ~$502,562 | ~$502,562 | ~1.9000% | ~$9,549 | +24.4% |
| 2029 | ~$540,524 | ~$540,524 | ~1.8512% | ~$10,006 | +33.8% |
| 2030 | ~$581,354 | ~$581,354 | ~1.8024% | ~$10,478 | +43.9% |
In 2025, this property's market value of $403,936 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -72% 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 | $403,936 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $344,378 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $335,785 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $335,785 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $325,400 | $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.