2624 W WILLIAM CANNON DR TX
| Owner | J J & A PROPERTY LTD |
|---|---|
| Parcel ID | 0416191201 |
| Short ID | 511942 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,950 SF |
| Land SF | 37,462 SF |
| Acres | 0.860 |
| Year Built | 1982 |
| Legal | LOT 1 CHERRY CREEK COMMERCIAL III-E |
| Neighborhood | 53SOU |
| Land | $505,737 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $505,737 |
| Improvement | $959,833 |
|---|---|
| Total Improvement | $959,833 |
| Market | $1,465,570 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,465,570 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,465,570 |
| Taxable Value | $1,465,570 |
|---|
Appreciation: Market value has risen +75.6% from $834,700 (2021) to $1,465,570 (2025), a CAGR of 15.1% 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 $29,993. 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 35% of market value ($505,737 land vs $959,833 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~44 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,465,570, this parcel sits in the upper-middle (50th–75th 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 +15.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,962,114 by 2030, with an estimated annual tax burden around $44,462. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,750 SF | ✗ |
| 1ST | 1st Floor | 4,950 SF | ✓ |
| 501 | CANOPY | 266 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% | $13,559.45 | $13,559.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,679.84 | $7,679.84 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,508.27 | $5,508.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,729.71 | $1,729.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,515.40 | $1,515.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,992.67 | $29,992.67 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,067,856 | $1,465,570 | -27.1% |
| Assessed Value | $1,067,856 | $1,465,570 | -27.1% |
| Land Value | $505,737 | $505,737 | +0.0% |
| Improvement Value | $562,119 | $959,833 | -41.4% |
| Taxable Value | $1,067,856 | $1,465,570 | -27.1% |
| Total Tax 2026 = estimate |
~$21,854
Estimated
|
~$29,993
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,227,421 | $1,067,856 | -159,565 (-13.0%) |
| Taxable Value | $1,227,421 | $1,067,856 | -159,565 (-13.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,067,856 | $505,737 | $562,119 | — | $1,067,856 | $1,067,856 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,465,570 | $505,737 | $959,833 | — | $1,465,570 | $1,465,570 | ~$29,993 | Partial |
| 2024 | $1,465,570 | — | — | −$959,833 | $505,737 | $— | $29,045 | Verified |
| 2023 | $1,154,900 | — | — | −$649,163 | $505,737 | $— | $26,516 | Verified |
| 2022 | $1,128,144 | — | — | −$622,407 | $505,737 | $— | $22,808 | Verified |
| 2021 | $834,700 | — | — | −$328,963 | $505,737 | $— | $24,556 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -16.2% | -16.2% | ~100% | Not available | Partial |
| 2025 | -36.7% | -16.7% | ~100% | Not available | Partial |
| 2024 | +46.8% | +11.6% | 76.0% | 1.2600% | Verified |
| 2023 | +36.5% | +36.5% | ~100% | 1.6800% | Verified |
| 2022 | +2.4% | +2.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -27.1% | +7.5% | +23.7% | +35.2% | 2022 | -27.1% | 2026 |
| Assessment Ratio | 100.0% | 63.9% | — | 100.0% | 2025 | 34.5% | 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 |
$29,993 | $26,584 | ~$38,240 | $29,993 | 2025 | $22,808 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,687,041 | ~$1,612,127 | ~2.0139% | ~$32,467 | +15.1% |
| 2027 | ~$1,941,980 | ~$1,773,340 | ~1.9814% | ~$35,137 | +32.5% |
| 2028 | ~$2,235,443 | ~$1,950,674 | ~1.9488% | ~$38,016 | +52.5% |
| 2029 | ~$2,573,254 | ~$2,145,741 | ~1.9163% | ~$41,119 | +75.6% |
| 2030 | ~$2,962,114 | ~$2,360,315 | ~1.8837% | ~$44,462 | +102.1% |
| 2026 | ~$1,657,729 | ~$1,612,127 | ~2.0465% | ~$32,992 | +13.1% |
| 2027 | ~$1,875,084 | ~$1,773,340 | ~2.0465% | ~$36,291 | +27.9% |
| 2028 | ~$2,120,937 | ~$1,950,674 | ~2.0465% | ~$39,920 | +44.7% |
| 2029 | ~$2,399,026 | ~$2,145,741 | ~2.0465% | ~$43,912 | +63.7% |
| 2030 | ~$2,713,576 | ~$2,360,315 | ~2.0465% | ~$48,303 | +85.2% |
| 2026 | ~$1,716,352 | ~$1,612,127 | ~1.9977% | ~$32,205 | +17.1% |
| 2027 | ~$2,010,047 | ~$1,773,340 | ~1.9488% | ~$34,560 | +37.2% |
| 2028 | ~$2,353,998 | ~$1,950,674 | ~1.9000% | ~$37,063 | +60.6% |
| 2029 | ~$2,756,805 | ~$2,145,741 | ~1.8512% | ~$39,722 | +88.1% |
| 2030 | ~$3,228,538 | ~$2,360,315 | ~1.8024% | ~$42,542 | +120.3% |
In 2025, this property's market value of $1,465,570 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +3% above 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 | $1,465,570 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,465,570 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,154,900 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,128,144 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $834,700 | $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.