3014 W WILLIAM CANNON DR TX 78745
| Owner | BMEF HIGHLANDS LIMITED PARTNERSHIP |
|---|---|
| Parcel ID | 0416210401 |
| Short ID | 511982 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 401,771 SF |
| Land SF | 2,603,605 SF |
| Acres | 59.771 |
| Year Built | 1999 |
| Legal | LOT 60-65 LESS S PART OF WESTERN HILLS ABS 3 SUR 18 BISSELL T ACR 49.0401 & VAC ROW TOTAL 59.7705 ACR |
| Neighborhood | 08SW |
| Land | $19,527,038 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $19,527,038 |
| Improvement | $68,662,962 |
|---|---|
| Total Improvement | $68,662,962 |
| Market | $88,190,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $88,190,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $88,190,000 |
| Taxable Value | $88,190,000 |
|---|
Appreciation: Market value has risen +16.4% from $75,767,500 (2021) to $88,190,000 (2025), a CAGR of 3.9% 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 $1,804,795. 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 22% of market value ($19,527,038 land vs $68,662,962 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.
Submarket Position: At $88,190,000, 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 +3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $106,620,281 by 2030, with an estimated annual tax burden around $2,008,452. 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.
24 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 401,771 SF | ✗ |
| 551 | PAVED AREA | 183,500 SF | ✗ |
| 1ST | 1st Floor | 137,003 SF | ✓ |
| 3RD | 3rd Floor | 132,514 SF | ✓ |
| 2ND | 2nd Floor | 132,254 SF | ✓ |
| SO | Sketch Only | 117,210 SF | ✗ |
| 051C | CARPORT DET 1ST COMM | 35,640 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 25,670 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 24,078 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 23,664 SF | ✗ |
| 581C | STORAGE ATT COMM | 8,718 SF | ✓ |
| 611 | TERRACE | 7,786 SF | ✗ |
| 601 | POOL COMM'L | 2,760 SF | ✗ |
| 571C | STORAGE DET COMM | 1,142 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 861 SF | ✓ |
| MISC | Miscellaneous | 7 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 SF | ✓ |
| 447C | SPA CON COMM | 1 SF | ✗ |
| 539 | FENCE FV | 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% | $777,168.00 | $777,168.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $440,174.28 | $440,174.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $315,709.80 | $315,709.80 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $99,139.32 | $99,139.32 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $86,856.00 | $86,856.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,719,047.40 | $1,719,047.40 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $76,960,000 | $88,190,000 | -12.7% |
| Assessed Value | $76,960,000 | $88,190,000 | -12.7% |
| Land Value | $19,527,038 | $19,527,038 | +0.0% |
| Improvement Value | $57,432,962 | $68,662,962 | -16.4% |
| Taxable Value | $76,960,000 | $88,190,000 | -12.7% |
| Total Tax 2026 = estimate |
~$1,574,975
Estimated
|
~$1,719,047
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $82,472,534 | $76,960,000 | -5,512,534 (-6.7%) |
| Taxable Value | $82,472,534 | $76,960,000 | -5,512,534 (-6.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $76,960,000 | $19,527,038 | $57,432,962 | — | $76,960,000 | $76,960,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $88,190,000 | $19,527,038 | $68,662,962 | — | $88,190,000 | $88,190,000 | ~$1,719,047 | Partial |
| 2024 | $103,000,000 | — | — | −$83,472,962 | $19,527,038 | $— | $1,950,898 | Verified |
| 2023 | $94,500,000 | — | — | −$74,972,962 | $19,527,038 | $— | $1,868,415 | Verified |
| 2022 | $72,750,000 | — | — | −$53,222,962 | $19,527,038 | $— | $1,869,559 | Verified |
| 2021 | $75,767,500 | — | — | −$56,240,462 | $19,527,038 | $— | $1,583,534 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -6.5% | -6.5% | ~100% | Not available | Partial |
| 2025 | -10.4% | -10.4% | ~100% | Not available | Partial |
| 2024 | -12.6% | -12.6% | ~100% | 1.9800% | Verified |
| 2023 | +15.2% | +15.2% | ~100% | 1.6600% | Verified |
| 2022 | +34.4% | +34.4% | ~100% | 1.9100% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -12.7% | +1.6% | +6.9% | +29.9% | 2023 | -14.4% | 2025 |
| Assessment Ratio | 100.0% | 48.7% | — | 100.0% | 2025 | 19.0% | 2024 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,719,047 | $1,798,291 | ~$1,926,294 | $1,950,898 | 2024 | $1,583,534 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$91,601,680 | ~$91,601,680 | ~2.0139% | ~$1,844,800 | +3.9% |
| 2027 | ~$95,145,343 | ~$95,145,343 | ~1.9814% | ~$1,885,198 | +7.9% |
| 2028 | ~$98,826,094 | ~$98,826,094 | ~1.9488% | ~$1,925,962 | +12.1% |
| 2029 | ~$102,649,237 | ~$102,649,237 | ~1.9163% | ~$1,967,058 | +16.4% |
| 2030 | ~$106,620,281 | ~$106,620,281 | ~1.8837% | ~$2,008,452 | +20.9% |
| 2026 | ~$89,837,880 | ~$89,837,880 | ~2.0465% | ~$1,838,519 | +1.9% |
| 2027 | ~$91,516,552 | ~$91,516,552 | ~2.0465% | ~$1,872,873 | +3.8% |
| 2028 | ~$93,226,590 | ~$93,226,590 | ~2.0465% | ~$1,907,868 | +5.7% |
| 2029 | ~$94,968,582 | ~$94,968,582 | ~2.0465% | ~$1,943,518 | +7.7% |
| 2030 | ~$96,743,123 | ~$96,743,123 | ~2.0465% | ~$1,979,834 | +9.7% |
| 2026 | ~$93,365,480 | ~$93,365,480 | ~1.9977% | ~$1,865,127 | +5.9% |
| 2027 | ~$98,844,686 | ~$98,844,686 | ~1.9488% | ~$1,926,324 | +12.1% |
| 2028 | ~$104,645,442 | ~$104,645,442 | ~1.9000% | ~$1,988,281 | +18.7% |
| 2029 | ~$110,786,619 | ~$110,786,619 | ~1.8512% | ~$2,050,875 | +25.6% |
| 2030 | ~$117,288,195 | ~$117,288,195 | ~1.8024% | ~$2,113,969 | +33.0% |
In 2025, this property's market value of $88,190,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 170× 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 | $88,190,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $103,000,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $94,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $72,750,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $75,767,500 | $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.