3431 W WILLIAM CANNON DR TX 78745
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0416230507 |
| Short ID | 512067 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,283 SF |
| Land SF | 28,314 SF |
| Acres | 0.650 |
| Year Built | 2000 |
| Legal | LOT 1 CANNON OAKS |
| Neighborhood | 48SOU |
| Land | $509,652 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $509,652 |
| Improvement | $434,421 |
|---|---|
| Total Improvement | $434,421 |
| Market | $944,073 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $944,073 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $944,073 |
| Taxable Value | $944,073 |
|---|
Appreciation: Market value has risen +16.1% from $813,000 (2021) to $944,073 (2025), a CAGR of 3.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 lagged 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 $19,320. 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 54% of market value ($509,652 land vs $434,421 improvements), about $18/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $944,073, this parcel sits in the lower-middle (25th–50th 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 +3.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,138,019 by 2030, with an estimated annual tax burden around $21,437. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,500 SF | ✗ |
| 501 | CANOPY | 3,215 SF | ✗ |
| 1ST | 1st Floor | 2,283 SF | ✓ |
| SO | Sketch Only | 288 SF | ✗ |
| 611 | TERRACE | 147 SF | ✗ |
| 482 | LIGHT POLES | 4 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% | $8,734.56 | $8,734.56 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,947.10 | $4,947.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,548.25 | $3,548.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,114.22 | $1,114.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $976.17 | $976.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,320.30 | $19,320.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $966,252 | $944,073 | +2.3% |
| Assessed Value | $966,252 | $944,073 | +2.3% |
| Land Value | $509,652 | $509,652 | +0.0% |
| Improvement Value | $456,600 | $434,421 | +5.1% |
| Taxable Value | $966,252 | $944,073 | +2.3% |
| Total Tax 2026 = estimate |
~$19,774
Estimated
|
~$19,320
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $966,252 | $966,252 | +0 (+0.0%) |
| Taxable Value | $966,252 | $966,252 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $966,252 | $509,652 | $456,600 | — | $966,252 | $966,252 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $944,073 | $509,652 | $434,421 | — | $944,073 | $944,073 | ~$19,320 | Partial |
| 2024 | $940,692 | — | — | −$431,040 | $509,652 | $— | $18,812 | Verified |
| 2023 | $840,113 | — | — | −$330,461 | $509,652 | $— | $17,019 | Verified |
| 2022 | $836,902 | — | — | −$327,250 | $509,652 | $— | $16,592 | Verified |
| 2021 | $813,000 | — | — | −$303,348 | $509,652 | $— | $18,217 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.3% | +2.3% | ~100% | Not available | Partial |
| 2025 | -0.5% | -0.5% | ~100% | Not available | Partial |
| 2024 | +0.9% | +0.9% | ~100% | 1.9800% | Verified |
| 2023 | +12.0% | +12.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.4% | +0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +12.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.3% | +3.6% | +3.3% | +12.0% | 2024 | +0.4% | 2025 |
| Assessment Ratio | 100.0% | 73.1% | — | 100.0% | 2025 | 54.2% | 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 |
$19,320 | $17,992 | ~$20,584 | $19,320 | 2025 | $16,592 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$980,019 | ~$980,019 | ~2.0139% | ~$19,737 | +3.8% |
| 2027 | ~$1,017,333 | ~$1,017,333 | ~1.9814% | ~$20,157 | +7.8% |
| 2028 | ~$1,056,068 | ~$1,056,068 | ~1.9488% | ~$20,581 | +11.9% |
| 2029 | ~$1,096,278 | ~$1,096,278 | ~1.9163% | ~$21,008 | +16.1% |
| 2030 | ~$1,138,019 | ~$1,138,019 | ~1.8837% | ~$21,437 | +20.5% |
| 2026 | ~$961,137 | ~$961,137 | ~2.0465% | ~$19,670 | +1.8% |
| 2027 | ~$978,510 | ~$978,510 | ~2.0465% | ~$20,025 | +3.6% |
| 2028 | ~$996,196 | ~$996,196 | ~2.0465% | ~$20,387 | +5.5% |
| 2029 | ~$1,014,203 | ~$1,014,203 | ~2.0465% | ~$20,756 | +7.4% |
| 2030 | ~$1,032,535 | ~$1,032,535 | ~2.0465% | ~$21,131 | +9.4% |
| 2026 | ~$998,900 | ~$998,900 | ~1.9977% | ~$19,955 | +5.8% |
| 2027 | ~$1,056,911 | ~$1,056,911 | ~1.9488% | ~$20,597 | +12.0% |
| 2028 | ~$1,118,291 | ~$1,118,291 | ~1.9000% | ~$21,248 | +18.5% |
| 2029 | ~$1,183,236 | ~$1,183,236 | ~1.8512% | ~$21,904 | +25.3% |
| 2030 | ~$1,251,953 | ~$1,251,953 | ~1.8024% | ~$22,565 | +32.6% |
In 2025, this property's market value of $944,073 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -33% below 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 | $944,073 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $940,692 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $840,113 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $836,902 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $813,000 | $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.