1908 W WILLIAM CANNON DR TX 78745
| Owner | 1908 W WILLIAM CANNON LLC |
|---|---|
| Parcel ID | 0418171010 |
| Short ID | 330306 |
| Type | Real |
| Use Code | 58 Bank — Branch Office |
| Valuation | Income |
| Improvement SF | 703 SF |
| Land SF | 38,943 SF |
| Acres | 0.894 |
| Year Built | 1980 |
| Legal | LOT 1 SOUTHWEST NATIONAL ADDN |
| Neighborhood | 58SOU |
| Land | $778,860 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $778,860 |
| Improvement | $47,395 |
|---|---|
| Total Improvement | $47,395 |
| Market | $826,255 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $826,255 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $826,255 |
| Taxable Value | $826,255 |
|---|
Appreciation: Market value has risen +29.5% from $638,219 (2021) to $826,255 (2025), a CAGR of 6.7% over 4 years. This represents moderate, steady growth. 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 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 $16,909. 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 94% of market value ($778,860 land vs $47,395 improvements), about $20/SF of land. With value concentrated in the land under a ~46-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $826,255, 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 +6.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,141,023 by 2030, with an estimated annual tax burden around $21,494. 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 | 5,000 SF | ✗ |
| 503 | CANOPY - BANK | 1,600 SF | ✗ |
| 1ST | 1st Floor | 703 SF | ✓ |
| 491 | SPRINKLER HEADS | 703 SF | ✗ |
| 501 | CANOPY | 171 SF | ✗ |
| 482 | LIGHT POLES | 3 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% | $7,644.51 | $7,644.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,329.72 | $4,329.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,105.44 | $3,105.44 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $975.17 | $975.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $854.35 | $854.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,909.19 | $16,909.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $996,453 | $826,255 | +20.6% |
| Assessed Value | $991,506 | $826,255 | +20.0% |
| Land Value | $778,860 | $778,860 | +0.0% |
| Improvement Value | $217,593 | $47,395 | +359.1% |
| Taxable Value | $991,506 | $826,255 | +20.0% |
| HS Cap Loss | -$4,947 | — | |
| Total Tax 2026 = estimate |
~$20,291
Estimated
|
~$16,909
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,005,305 | $996,453 | -8,852 (-0.9%) |
| Taxable Value | $991,506 | $991,506 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $996,453 | $778,860 | $217,593 | −$4,947 | $991,506 | $991,506 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $826,255 | $778,860 | $47,395 | — | $826,255 | $826,255 | ~$16,909 | Partial |
| 2024 | $834,638 | — | — | −$55,778 | $778,860 | $— | $16,375 | Verified |
| 2023 | $601,485 | — | — | — | $778,860 ! | $— | $15,101 | Verified |
| 2022 | $639,878 | — | — | −$172,562 | $467,316 | $— | $11,879 | Verified |
| 2021 | $638,219 | — | — | −$170,903 | $467,316 | $— | $13,928 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.7% | +20.0% | 98.6% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -14.5% | -14.5% | ~100% | 1.9800% | Verified |
| 2023 | +51.0% | +51.0% | ~100% | 1.5600% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.6% | +10.5% | +3.0% | +38.8% | 2024 | -6.0% | 2023 |
| Assessment Ratio | 99.5% | 94.8% | — | 129.5% | 2023 | 73.0% | 2022 |
| 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 |
$16,909 | $14,838 | ~$19,583 | $16,909 | 2025 | $11,879 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$881,354 | ~$881,354 | ~2.0139% | ~$17,750 | +6.7% |
| 2027 | ~$940,126 | ~$940,126 | ~1.9814% | ~$18,628 | +13.8% |
| 2028 | ~$1,002,819 | ~$1,002,819 | ~1.9488% | ~$19,543 | +21.4% |
| 2029 | ~$1,069,691 | ~$1,069,691 | ~1.9163% | ~$20,498 | +29.5% |
| 2030 | ~$1,141,023 | ~$1,141,023 | ~1.8837% | ~$21,494 | +38.1% |
| 2026 | ~$864,829 | ~$864,829 | ~2.0465% | ~$17,699 | +4.7% |
| 2027 | ~$905,203 | ~$905,203 | ~2.0465% | ~$18,525 | +9.6% |
| 2028 | ~$947,462 | ~$947,462 | ~2.0465% | ~$19,390 | +14.7% |
| 2029 | ~$991,694 | ~$991,694 | ~2.0465% | ~$20,295 | +20.0% |
| 2030 | ~$1,037,991 | ~$1,037,991 | ~2.0465% | ~$21,242 | +25.6% |
| 2026 | ~$897,879 | ~$897,879 | ~1.9977% | ~$17,937 | +8.7% |
| 2027 | ~$975,711 | ~$975,711 | ~1.9488% | ~$19,015 | +18.1% |
| 2028 | ~$1,060,290 | ~$1,060,290 | ~1.9000% | ~$20,146 | +28.3% |
| 2029 | ~$1,152,201 | ~$1,152,201 | ~1.8512% | ~$21,329 | +39.4% |
| 2030 | ~$1,252,080 | ~$1,252,080 | ~1.8024% | ~$22,567 | +51.5% |
In 2025, this property's market value of $826,255 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -42% 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 | $826,255 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $834,638 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $601,485 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $639,878 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $638,219 | $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.