2201 W WILLIAM CANNON DR TX 78745
| Owner | SOUTHLAND APARTMENTS LLC |
|---|---|
| Parcel ID | 0416180510 |
| Short ID | 325917 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 46,444 SF |
| Land SF | 129,460 SF |
| Acres | 2.972 |
| Year Built | 1979 |
| Legal | LOT 1 MORGAN-ELLIOTT ADDN |
| Neighborhood | 08SC2 |
| Land | $1,294,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,294,600 |
| Improvement | $5,265,400 |
|---|---|
| Total Improvement | $5,265,400 |
| Market | $6,560,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,560,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,560,000 |
| Taxable Value | $6,560,000 |
|---|
Appreciation: Market value has fallen -15.2% from $7,732,808 (2021) to $6,560,000 (2025), a CAGR of -4.0% 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $134,249. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 20% of market value ($1,294,600 land vs $5,265,400 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~47 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,560,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 -4.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,340,871 by 2030, with an estimated annual tax burden around $100,608. 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.
14 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 78,274 SF | ✗ |
| 551 | PAVED AREA | 65,706 SF | ✗ |
| 1ST | 1st Floor | 23,392 SF | ✓ |
| 2ND | 2nd Floor | 23,052 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 3,307 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 2,717 SF | ✗ |
| 541 | FENCE COMM LF | 900 SF | ✗ |
| 611 | TERRACE | 825 SF | ✗ |
| 601 | POOL COMM'L | 587 SF | ✗ |
| 581C | STORAGE ATT COMM | 70 SF | ✓ |
| 413 | STAIRWAY EXT | 8 SF | ✓ |
| MISC | Miscellaneous | 8 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 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% | $60,693.12 | $60,693.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $34,375.52 | $34,375.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,655.43 | $24,655.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,742.31 | $7,742.31 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,783.04 | $6,783.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $134,249.42 | $134,249.42 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,584,497 | $6,560,000 | +0.4% |
| Assessed Value | $6,584,497 | $6,560,000 | +0.4% |
| Land Value | $1,294,600 | $1,294,600 | +0.0% |
| Improvement Value | $5,289,897 | $5,265,400 | +0.5% |
| Taxable Value | $6,584,497 | $6,560,000 | +0.4% |
| Total Tax 2026 = estimate |
~$134,751
Estimated
|
~$134,249
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,584,497 | $6,584,497 | +0 (+0.0%) |
| Taxable Value | $6,584,497 | $6,584,497 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,584,497 | $1,294,600 | $5,289,897 | — | $6,584,497 | $6,584,497 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,560,000 | $1,294,600 | $5,265,400 | — | $6,560,000 | $6,560,000 | ~$134,249 | Partial |
| 2024 | $7,320,570 | — | — | −$6,025,970 | $1,294,600 | $— | $142,744 | Verified |
| 2023 | $6,052,997 | — | — | −$4,758,397 | $1,294,600 | $— | $132,447 | Verified |
| 2022 | $7,630,000 | — | — | −$6,335,400 | $1,294,600 | $— | $119,542 | Verified |
| 2021 | $7,732,808 | — | — | −$6,438,208 | $1,294,600 | $— | $166,081 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2025 | -8.9% | -8.9% | ~100% | Not available | Partial |
| 2024 | -1.6% | -1.6% | ~100% | 1.9800% | Verified |
| 2023 | +20.9% | +20.9% | ~100% | 1.8100% | Verified |
| 2022 | -27.6% | -27.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.4% | -2.2% | -4.1% | +20.9% | 2024 | -20.7% | 2023 |
| Assessment Ratio | 100.0% | 45.5% | — | 100.0% | 2025 | 16.7% | 2021 |
| 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 |
$134,249 | $139,013 | ~$113,353 | $166,081 | 2021 | $119,542 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,295,721 | ~$6,295,721 | ~2.0139% | ~$126,792 | -4.0% |
| 2027 | ~$6,042,089 | ~$6,042,089 | ~1.9814% | ~$119,717 | -7.9% |
| 2028 | ~$5,798,675 | ~$5,798,675 | ~1.9488% | ~$113,007 | -11.6% |
| 2029 | ~$5,565,068 | ~$5,565,068 | ~1.9163% | ~$106,643 | -15.2% |
| 2030 | ~$5,340,871 | ~$5,340,871 | ~1.8837% | ~$100,608 | -18.6% |
| 2026 | ~$6,232,000 | ~$6,232,000 | ~2.0465% | ~$127,537 | -5.0% |
| 2027 | ~$5,920,400 | ~$5,920,400 | ~2.0465% | ~$121,160 | -9.8% |
| 2028 | ~$5,624,380 | ~$5,624,380 | ~2.0465% | ~$115,102 | -14.3% |
| 2029 | ~$5,343,161 | ~$5,343,161 | ~2.0465% | ~$109,347 | -18.5% |
| 2030 | ~$5,076,003 | ~$5,076,003 | ~2.0465% | ~$103,880 | -22.6% |
| 2026 | ~$6,426,921 | ~$6,426,921 | ~1.9977% | ~$128,388 | -2.0% |
| 2027 | ~$6,296,542 | ~$6,296,542 | ~1.9488% | ~$122,709 | -4.0% |
| 2028 | ~$6,168,808 | ~$6,168,808 | ~1.9000% | ~$117,208 | -6.0% |
| 2029 | ~$6,043,665 | ~$6,043,665 | ~1.8512% | ~$111,880 | -7.9% |
| 2030 | ~$5,921,061 | ~$5,921,061 | ~1.8024% | ~$106,720 | -9.7% |
In 2025, this property's market value of $6,560,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 13× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $6,560,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $7,320,570 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $6,052,997 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $7,630,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $7,732,808 | $300,453 | $376,850 | $539,896 | ↑ Top 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.