2500 W WILLIAM CANNON DR 704 TX 78745
| Owner | FIRST LEAP HOLDINGS LLC |
|---|---|
| Parcel ID | 0415191848 |
| Short ID | 800185 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 2,243 SF |
| Land SF | 11,244 SF |
| Acres | 0.258 |
| Year Built | 2010 |
| Legal | UNT 704 BLD 7 STONEGATE TWO OFFICE CONDOMINIUMS PHS 2 AMENDED PLUS 3.1075 % INT IN COM AREA |
| Neighborhood | 23SC13 |
| Land | $112,435 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $112,435 |
| Improvement | $832,682 |
|---|---|
| Total Improvement | $832,682 |
| Market | $945,117 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $945,117 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $945,117 |
| Taxable Value | $945,117 |
|---|
Appreciation: Market value has risen +5.2% from $898,739 (2021) to $945,117 (2025), a CAGR of 1.3% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $19,342. 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 ($112,435 land vs $832,682 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 $945,117, 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 +1.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,006,469 by 2030, with an estimated annual tax burden around $18,959. 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 | 2,243 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% | $8,744.22 | $8,744.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,952.57 | $4,952.57 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,552.17 | $3,552.17 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,115.46 | $1,115.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $977.25 | $977.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,341.67 | $19,341.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $945,117 | $945,117 | +0.0% |
| Assessed Value | $945,117 | $945,117 | +0.0% |
| Land Value | $112,435 | $112,435 | +0.0% |
| Improvement Value | $832,682 | $832,682 | +0.0% |
| Taxable Value | $945,117 | $945,117 | +0.0% |
| Total Tax 2026 = estimate |
~$19,342
Estimated
|
~$19,342
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,035,903 | $945,117 | -90,786 (-8.8%) |
| Taxable Value | $1,035,903 | $945,117 | -90,786 (-8.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $945,117 | $112,435 | $832,682 | — | $945,117 | $945,117 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $945,117 | $112,435 | $832,682 | — | $945,117 | $945,117 | ~$19,342 | Partial |
| 2024 | $968,554 | — | — | −$856,119 | $112,435 | $— | $20,892 | Verified |
| 2023 | $925,984 | — | — | −$813,549 | $112,435 | $— | $17,524 | Verified |
| 2022 | $899,803 | — | — | −$787,368 | $112,435 | $— | $18,287 | Verified |
| 2021 | $898,739 | — | — | −$786,304 | $112,435 | $— | $19,586 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +9.6% | +9.6% | ~100% | Not available | Partial |
| 2025 | -10.3% | -10.3% | ~100% | Not available | Partial |
| 2024 | +8.8% | +8.8% | ~100% | 1.9800% | Verified |
| 2023 | +4.6% | +4.6% | ~100% | 1.8100% | Verified |
| 2022 | +2.9% | +2.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +5.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.0% | +1.3% | +4.6% | 2024 | -2.4% | 2025 |
| Assessment Ratio | 100.0% | 41.4% | — | 100.0% | 2025 | 11.6% | 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 |
$19,342 | $19,126 | ~$19,122 | $20,892 | 2024 | $17,524 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$957,081 | ~$957,081 | ~2.0139% | ~$19,275 | +1.3% |
| 2027 | ~$969,196 | ~$969,196 | ~1.9814% | ~$19,204 | +2.5% |
| 2028 | ~$981,464 | ~$981,464 | ~1.9488% | ~$19,127 | +3.8% |
| 2029 | ~$993,888 | ~$993,888 | ~1.9163% | ~$19,046 | +5.2% |
| 2030 | ~$1,006,469 | ~$1,006,469 | ~1.8837% | ~$18,959 | +6.5% |
| 2026 | ~$938,178 | ~$938,178 | ~2.0465% | ~$19,200 | -0.7% |
| 2027 | ~$931,291 | ~$931,291 | ~2.0465% | ~$19,059 | -1.5% |
| 2028 | ~$924,454 | ~$924,454 | ~2.0465% | ~$18,919 | -2.2% |
| 2029 | ~$917,667 | ~$917,667 | ~2.0465% | ~$18,780 | -2.9% |
| 2030 | ~$910,930 | ~$910,930 | ~2.0465% | ~$18,642 | -3.6% |
| 2026 | ~$975,983 | ~$975,983 | ~1.9977% | ~$19,497 | +3.3% |
| 2027 | ~$1,007,857 | ~$1,007,857 | ~1.9488% | ~$19,642 | +6.6% |
| 2028 | ~$1,040,772 | ~$1,040,772 | ~1.9000% | ~$19,775 | +10.1% |
| 2029 | ~$1,074,762 | ~$1,074,762 | ~1.8512% | ~$19,896 | +13.7% |
| 2030 | ~$1,109,862 | ~$1,109,862 | ~1.8024% | ~$20,004 | +17.4% |
In 2025, this property's market value of $945,117 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -33% 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 | $945,117 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $968,554 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $925,984 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $899,803 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $898,739 | $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.