3421 W WILLIAM CANNON DR TX 78745
| Owner | CANNON OAKS LLC |
|---|---|
| Parcel ID | 0416230506 |
| Short ID | 512066 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 30,744 SF |
| Land SF | 178,370 SF |
| Acres | 4.095 |
| Year Built | 1996 |
| Legal | LOT 2 CANNON OAKS |
| Neighborhood | 43SOU |
| Land | $1,783,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,783,700 |
| Improvement | $5,240,300 |
|---|---|
| Total Improvement | $5,240,300 |
| Market | $7,024,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $7,024,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $7,024,000 |
| Taxable Value | $7,024,000 |
|---|
Appreciation: Market value has risen +36.5% from $5,144,929 (2021) to $7,024,000 (2025), a CAGR of 8.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), 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 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 $143,745. 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 25% of market value ($1,783,700 land vs $5,240,300 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~30 yrs), and rent roll drive the underwriting.
Submarket Position: At $7,024,000, this parcel sits in the top quartile (≥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 +8.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $10,365,515 by 2030, with an estimated annual tax burden around $195,260. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 95,096 SF | ✗ |
| 1ST | 1st Floor | 30,744 SF | ✓ |
| 611 | TERRACE | 5,868 SF | ✗ |
| 501 | CANOPY | 5,644 SF | ✗ |
| 482 | LIGHT POLES | 10 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% | $64,986.05 | $64,986.05 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $36,806.95 | $36,806.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $26,399.35 | $26,399.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,289.94 | $8,289.94 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,262.82 | $7,262.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $143,745.11 | $143,745.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,730,150 | $7,024,000 | -4.2% |
| Assessed Value | $6,730,150 | $7,024,000 | -4.2% |
| Land Value | $1,783,700 | $1,783,700 | +0.0% |
| Improvement Value | $4,946,450 | $5,240,300 | -5.6% |
| Taxable Value | $6,730,150 | $7,024,000 | -4.2% |
| Total Tax 2026 = estimate |
~$137,732
Estimated
|
~$143,745
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,847,258 | $6,730,150 | -117,108 (-1.7%) |
| Taxable Value | $6,847,258 | $6,730,150 | -117,108 (-1.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,730,150 | $1,783,700 | $4,946,450 | — | $6,730,150 | $6,730,150 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $7,024,000 | $1,783,700 | $5,240,300 | — | $7,024,000 | $7,024,000 | ~$143,745 | Partial |
| 2024 | $6,862,000 | — | — | −$5,078,300 | $1,783,700 | $— | $141,700 | Verified |
| 2023 | $6,718,186 | — | — | −$4,934,486 | $1,783,700 | $— | $124,151 | Verified |
| 2022 | $6,432,850 | — | — | −$4,649,150 | $1,783,700 | $— | $132,679 | Verified |
| 2021 | $5,144,929 | — | — | −$3,361,229 | $1,783,700 | $— | $140,022 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.5% | -2.5% | ~100% | Not available | Partial |
| 2025 | -1.8% | -1.8% | ~100% | Not available | Partial |
| 2024 | +4.2% | +4.2% | ~100% | 1.9800% | Verified |
| 2023 | +2.1% | +2.1% | ~100% | 1.8100% | Verified |
| 2022 | +4.4% | +4.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.2% | +5.9% | +9.0% | +25.0% | 2022 | -4.2% | 2026 |
| Assessment Ratio | 100.0% | 52.5% | — | 100.0% | 2025 | 26.0% | 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 |
$143,745 | $136,459 | ~$173,486 | $143,745 | 2025 | $124,151 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,592,517 | ~$7,592,517 | ~2.0139% | ~$152,908 | +8.1% |
| 2027 | ~$8,207,050 | ~$8,207,050 | ~1.9814% | ~$162,614 | +16.8% |
| 2028 | ~$8,871,322 | ~$8,871,322 | ~1.9488% | ~$172,888 | +26.3% |
| 2029 | ~$9,589,360 | ~$9,589,360 | ~1.9163% | ~$183,760 | +36.5% |
| 2030 | ~$10,365,515 | ~$10,365,515 | ~1.8837% | ~$195,260 | +47.6% |
| 2026 | ~$7,452,037 | ~$7,452,037 | ~2.0465% | ~$152,505 | +6.1% |
| 2027 | ~$7,906,159 | ~$7,906,159 | ~2.0465% | ~$161,798 | +12.6% |
| 2028 | ~$8,387,954 | ~$8,387,954 | ~2.0465% | ~$171,658 | +19.4% |
| 2029 | ~$8,899,109 | ~$8,899,109 | ~2.0465% | ~$182,119 | +26.7% |
| 2030 | ~$9,441,414 | ~$9,441,414 | ~2.0465% | ~$193,217 | +34.4% |
| 2026 | ~$7,732,997 | ~$7,726,400 | ~1.9977% | ~$154,347 | +10.1% |
| 2027 | ~$8,513,560 | ~$8,499,040 | ~1.9488% | ~$165,633 | +21.2% |
| 2028 | ~$9,372,912 | ~$9,348,944 | ~1.9000% | ~$177,632 | +33.4% |
| 2029 | ~$10,319,007 | ~$10,283,838 | ~1.8512% | ~$190,374 | +46.9% |
| 2030 | ~$11,360,599 | ~$11,312,222 | ~1.8024% | ~$203,888 | +61.7% |
In 2025, this property's market value of $7,024,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $7,024,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,862,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,718,186 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,432,850 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,144,929 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.