2121 W WILLIAM CANNON DR TX 78745
| Owner | ORANGE STREET PROPERTIES LLC |
|---|---|
| Parcel ID | 0416180512 |
| Short ID | 325920 |
| Type | Real |
| Use Code | 07 Apartment 50–100 Units |
| Valuation | Income |
| Improvement SF | 36,970 SF |
| Land SF | 63,467 SF |
| Acres | 1.457 |
| Year Built | 1980 |
| Legal | PARCEL 2 SAFEWAY ADDN NO 11 |
| Neighborhood | 08SC2 |
| Land | $1,269,340 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,269,340 |
| Improvement | $4,960,660 |
|---|---|
| Total Improvement | $4,960,660 |
| Market | $6,230,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,230,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,230,000 |
| Taxable Value | $6,230,000 |
|---|
Appreciation: Market value has risen +19.8% from $5,200,000 (2021) to $6,230,000 (2025), a CAGR of 4.6% over 4 years. This represents moderate, steady growth. 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 $127,496. 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 ($1,269,340 land vs $4,960,660 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age (~46 yrs), and rent roll drive the underwriting.
Submarket Position: At $6,230,000, 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 +4.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,808,973 by 2030, with an estimated annual tax burden around $147,101. 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.
19 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 60,008 SF | ✗ |
| 551 | PAVED AREA | 25,600 SF | ✗ |
| 1ST | 1st Floor | 15,231 SF | ✓ |
| 2ND | 2nd Floor | 14,926 SF | ✓ |
| 3RD | 3rd Floor | 6,813 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,550 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 3,210 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 3,142 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,104 SF | ✗ |
| 601 | POOL COMM'L | 701 SF | ✗ |
| 511 | DECK | 462 SF | ✗ |
| 541 | FENCE COMM LF | 135 SF | ✗ |
| 611 | TERRACE | 120 SF | ✗ |
| 581C | STORAGE ATT COMM | 80 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 303 | STAIRWAYS FV | 2 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 242 | OBS OVEN/BURN | 1 SF | ✓ |
| 531 | OBS FENCE | 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% | $57,639.96 | $57,639.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $32,646.26 | $32,646.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $23,415.14 | $23,415.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,352.83 | $7,352.83 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,441.82 | $6,441.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $127,496.01 | $127,496.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,160,000 | $6,230,000 | -1.1% |
| Assessed Value | $6,160,000 | $6,230,000 | -1.1% |
| Land Value | $1,269,340 | $1,269,340 | +0.0% |
| Improvement Value | $4,890,660 | $4,960,660 | -1.4% |
| Taxable Value | $6,160,000 | $6,230,000 | -1.1% |
| Total Tax 2026 = estimate |
~$126,063
Estimated
|
~$127,496
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,383,403 | $6,160,000 | -223,403 (-3.5%) |
| Taxable Value | $6,383,403 | $6,160,000 | -223,403 (-3.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,160,000 | $1,269,340 | $4,890,660 | — | $6,160,000 | $6,160,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,230,000 | $1,269,340 | $4,960,660 | — | $6,230,000 | $6,230,000 | ~$127,496 | Partial |
| 2024 | $6,440,000 | — | — | −$5,170,660 | $1,269,340 | $— | $119,549 | Verified |
| 2023 | $5,920,000 | — | — | −$4,650,660 | $1,269,340 | $— | $116,516 | Verified |
| 2022 | $5,200,000 | — | — | −$4,565,330 | $634,670 | $— | $116,915 | Verified |
| 2021 | $5,200,000 | — | — | −$4,565,330 | $634,670 | $— | $113,187 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2025 | +3.3% | +3.3% | ~100% | Not available | Partial |
| 2024 | -6.3% | -6.3% | ~100% | 1.9800% | Verified |
| 2023 | +8.8% | +8.8% | ~100% | 1.8100% | Verified |
| 2022 | +13.8% | +13.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +19.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.1% | +3.6% | +4.9% | +13.8% | 2023 | -3.3% | 2025 |
| Assessment Ratio | 100.0% | 44.2% | — | 100.0% | 2025 | 12.2% | 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 |
$127,496 | $118,733 | ~$139,110 | $127,496 | 2025 | $113,187 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,517,923 | ~$6,517,923 | ~2.0139% | ~$131,267 | +4.6% |
| 2027 | ~$6,819,152 | ~$6,819,152 | ~1.9814% | ~$135,114 | +9.5% |
| 2028 | ~$7,134,303 | ~$7,134,303 | ~1.9488% | ~$139,036 | +14.5% |
| 2029 | ~$7,464,019 | ~$7,464,019 | ~1.9163% | ~$143,032 | +19.8% |
| 2030 | ~$7,808,973 | ~$7,808,973 | ~1.8837% | ~$147,101 | +25.3% |
| 2026 | ~$6,393,323 | ~$6,393,323 | ~2.0465% | ~$130,838 | +2.6% |
| 2027 | ~$6,560,928 | ~$6,560,928 | ~2.0465% | ~$134,268 | +5.3% |
| 2028 | ~$6,732,926 | ~$6,732,926 | ~2.0465% | ~$137,788 | +8.1% |
| 2029 | ~$6,909,433 | ~$6,909,433 | ~2.0465% | ~$141,401 | +10.9% |
| 2030 | ~$7,090,568 | ~$7,090,568 | ~2.0465% | ~$145,107 | +13.8% |
| 2026 | ~$6,642,523 | ~$6,642,523 | ~1.9977% | ~$132,695 | +6.6% |
| 2027 | ~$7,082,361 | ~$7,082,361 | ~1.9488% | ~$138,024 | +13.7% |
| 2028 | ~$7,551,324 | ~$7,551,324 | ~1.9000% | ~$143,476 | +21.2% |
| 2029 | ~$8,051,339 | ~$8,051,339 | ~1.8512% | ~$149,046 | +29.2% |
| 2030 | ~$8,584,463 | ~$8,584,463 | ~1.8024% | ~$154,724 | +37.8% |
In 2025, this property's market value of $6,230,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 12× 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 | $6,230,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $6,440,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,920,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $5,200,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $5,200,000 | $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.