2500 W WILLIAM CANNON DR 603 TX 78745
| Owner | FOTOPOULOS CHRIST S |
|---|---|
| Parcel ID | 0415191838 |
| Short ID | 800175 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,328 SF |
| Land SF | 6,675 SF |
| Acres | 0.153 |
| Year Built | 2010 |
| Legal | UNT 603 BLD 6 STONEGATE TWO OFFICE CONDOMINIUMS PHS 2 AMENDED PLUS 1.8448 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $66,748 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $66,748 |
| Improvement | $556,710 |
|---|---|
| Total Improvement | $556,710 |
| Market | $623,458 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $623,458 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $623,458 |
| Taxable Value | $623,458 |
|---|
Appreciation: Market value has risen +51.3% from $412,078 (2021) to $623,458 (2025), a CAGR of 10.9% 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 $12,759. 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 ($66,748 land vs $556,710 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 $623,458, 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 +10.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,046,145 by 2030, with an estimated annual tax burden around $18,914. 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 | 1,328 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% | $4,720.72 | $4,720.72 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,673.73 | $2,673.73 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,917.70 | $1,917.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $602.20 | $602.20 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $527.59 | $527.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,441.94 | $10,441.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $579,816 | $623,458 | -7.0% |
| Assessed Value | $579,816 | $623,458 | -7.0% |
| Land Value | $66,748 | $66,748 | +0.0% |
| Improvement Value | $513,068 | $556,710 | -7.8% |
| Taxable Value | $579,816 | $623,458 | -7.0% |
| Total Tax 2026 = estimate |
~$11,866
Estimated
|
~$10,442
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $628,675 | $579,816 | -48,859 (-7.8%) |
| Taxable Value | $612,286 | $579,816 | -32,470 (-5.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $579,816 | $66,748 | $513,068 | — | $579,816 | $579,816 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $623,458 | $66,748 | $556,710 | — | $623,458 | $623,458 | ~$10,442 | Partial |
| 2024 | $500,351 | — | — | −$433,603 | $66,748 | $— | $11,321 | Verified |
| 2023 | $517,920 | — | — | −$451,172 | $66,748 | $— | $9,053 | Verified |
| 2022 | $412,078 | — | — | −$345,330 | $66,748 | $— | $10,229 | Verified |
| 2021 | $412,078 | — | — | −$345,330 | $66,748 | $— | $8,616 | 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% | +3.8% | ~100% | Not available | Partial |
| 2024 | +46.4% | -4.0% | 65.6% | 1.2400% | Verified |
| 2023 | +4.1% | +4.1% | ~100% | 1.4500% | Verified |
| 2022 | +0.4% | +0.4% | ~100% | 1.7000% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +8.0% | +12.6% | +25.7% | 2023 | -7.0% | 2026 |
| Assessment Ratio | 100.0% | 43.1% | — | 100.0% | 2025 | 12.9% | 2023 |
| 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 |
$10,442 | $9,932 | ~$16,267 | $11,321 | 2024 | $8,616 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$691,455 | ~$685,804 | ~2.0139% | ~$13,812 | +10.9% |
| 2027 | ~$766,869 | ~$754,384 | ~1.9814% | ~$14,947 | +23.0% |
| 2028 | ~$850,507 | ~$829,823 | ~1.9488% | ~$16,172 | +36.4% |
| 2029 | ~$943,268 | ~$912,805 | ~1.9163% | ~$17,492 | +51.3% |
| 2030 | ~$1,046,145 | ~$1,004,085 | ~1.8837% | ~$18,914 | +67.8% |
| 2026 | ~$678,986 | ~$678,986 | ~2.0465% | ~$13,895 | +8.9% |
| 2027 | ~$739,460 | ~$739,460 | ~2.0465% | ~$15,133 | +18.6% |
| 2028 | ~$805,320 | ~$805,320 | ~2.0465% | ~$16,481 | +29.2% |
| 2029 | ~$877,046 | ~$877,046 | ~2.0465% | ~$17,949 | +40.7% |
| 2030 | ~$955,160 | ~$955,160 | ~2.0465% | ~$19,547 | +53.2% |
| 2026 | ~$703,925 | ~$685,804 | ~1.9977% | ~$13,700 | +12.9% |
| 2027 | ~$794,776 | ~$754,384 | ~1.9488% | ~$14,702 | +27.5% |
| 2028 | ~$897,354 | ~$829,823 | ~1.9000% | ~$15,767 | +43.9% |
| 2029 | ~$1,013,171 | ~$912,805 | ~1.8512% | ~$16,898 | +62.5% |
| 2030 | ~$1,143,936 | ~$1,004,085 | ~1.8024% | ~$18,097 | +83.5% |
In 2025, this property's market value of $623,458 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -56% 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 | $623,458 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $500,351 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $517,920 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $412,078 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $412,078 | $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.