2500 W WILLIAM CANNON DR 506 TX 78745
| Owner | LUQUE REAL ESTATE HOLDINGS LLC |
|---|---|
| Parcel ID | 0415191834 |
| Short ID | 800171 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 822 SF |
| Land SF | 4,121 SF |
| Acres | 0.095 |
| Year Built | 2010 |
| Legal | UNT 506 BLD 5 STONEGATE TWO OFFICE CONDOMINIUMS PHS 2 AMENDED PLUS 1.1391 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $41,215 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $41,215 |
| Improvement | $361,144 |
|---|---|
| Total Improvement | $361,144 |
| Market | $402,359 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $402,359 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $402,359 |
| Taxable Value | $402,359 |
|---|
Appreciation: Market value has risen +23.7% from $325,400 (2021) to $402,359 (2025), a CAGR of 5.5% 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 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 $8,234. 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 ($41,215 land vs $361,144 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 $402,359, 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 $524,637 by 2030, with an estimated annual tax burden around $9,883. 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 | 822 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% | $3,722.63 | $3,722.63 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,108.43 | $2,108.43 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,512.25 | $1,512.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $474.88 | $474.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $416.04 | $416.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,234.23 | $8,234.23 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $402,359 | $402,359 | +0.0% |
| Assessed Value | $402,359 | $402,359 | +0.0% |
| Land Value | $41,215 | $41,215 | +0.0% |
| Improvement Value | $361,144 | $361,144 | +0.0% |
| Taxable Value | $402,359 | $402,359 | +0.0% |
| Total Tax 2026 = estimate |
~$8,234
Estimated
|
~$8,234
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $407,838 | $402,359 | -5,479 (-1.3%) |
| Taxable Value | $407,838 | $402,359 | -5,479 (-1.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $402,359 | $41,215 | $361,144 | — | $402,359 | $402,359 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $402,359 | $41,215 | $361,144 | — | $402,359 | $402,359 | ~$8,234 | Partial |
| 2024 | $344,797 | — | — | −$303,582 | $41,215 | $— | $7,996 | Verified |
| 2023 | $336,195 | — | — | −$294,980 | $41,215 | $— | $6,238 | Verified |
| 2022 | $336,195 | — | — | −$294,980 | $41,215 | $— | $6,640 | Verified |
| 2021 | $325,400 | — | — | −$284,185 | $41,215 | $— | $7,318 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.4% | +1.4% | ~100% | Not available | Partial |
| 2025 | -32.4% | -2.8% | ~100% | Not available | Partial |
| 2024 | +46.7% | +2.0% | 69.6% | 1.3400% | 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): +19.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.5% | +5.5% | +16.7% | 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 |
$8,234 | $7,285 | ~$9,204 | $8,234 | 2025 | $6,238 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$424,290 | ~$424,290 | ~2.0139% | ~$8,545 | +5.5% |
| 2027 | ~$447,416 | ~$447,416 | ~1.9814% | ~$8,865 | +11.2% |
| 2028 | ~$471,803 | ~$471,803 | ~1.9488% | ~$9,195 | +17.3% |
| 2029 | ~$497,519 | ~$497,519 | ~1.9163% | ~$9,534 | +23.7% |
| 2030 | ~$524,637 | ~$524,637 | ~1.8837% | ~$9,883 | +30.4% |
| 2026 | ~$416,243 | ~$416,243 | ~2.0465% | ~$8,518 | +3.5% |
| 2027 | ~$430,606 | ~$430,606 | ~2.0465% | ~$8,812 | +7.0% |
| 2028 | ~$445,464 | ~$445,464 | ~2.0465% | ~$9,116 | +10.7% |
| 2029 | ~$460,835 | ~$460,835 | ~2.0465% | ~$9,431 | +14.5% |
| 2030 | ~$476,737 | ~$476,737 | ~2.0465% | ~$9,756 | +18.5% |
| 2026 | ~$432,337 | ~$432,337 | ~1.9977% | ~$8,637 | +7.5% |
| 2027 | ~$464,549 | ~$464,549 | ~1.9488% | ~$9,053 | +15.5% |
| 2028 | ~$499,161 | ~$499,161 | ~1.9000% | ~$9,484 | +24.1% |
| 2029 | ~$536,351 | ~$536,351 | ~1.8512% | ~$9,929 | +33.3% |
| 2030 | ~$576,312 | ~$576,312 | ~1.8024% | ~$10,387 | +43.2% |
In 2025, this property's market value of $402,359 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 | $402,359 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $344,797 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $336,195 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $336,195 | $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.