320 W WILLIAM CANNON DR TX 78745
| Owner | ADOVA INVESTMENTS GROUP LLC |
|---|---|
| Parcel ID | 0419110128 |
| Short ID | 332385 |
| Type | Real |
| Use Code | 54 Medical Office (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,800 SF |
| Land SF | 48,738 SF |
| Acres | 1.119 |
| Year Built | 1987 |
| Legal | LOT 2 SOUTHRIDGE PLAZA |
| Neighborhood | 54SOU |
| Land | $657,963 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $657,963 |
| Improvement | $1,117,037 |
|---|---|
| Total Improvement | $1,117,037 |
| Market | $1,775,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,775,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,775,000 |
| Taxable Value | $1,775,000 |
|---|
Appreciation: Market value has risen +24.5% from $1,425,600 (2021) to $1,775,000 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. 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 $36,325. 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 37% of market value ($657,963 land vs $1,117,037 improvements), about $14/SF of land. Most value sits in the improvements, so building condition, age (~39 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,775,000, 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,334,529 by 2030, with an estimated annual tax burden around $43,977. 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 | 16,000 SF | ✗ |
| 1ST | 1st Floor | 4,800 SF | ✓ |
| 482 | LIGHT POLES | 4 SF | ✓ |
Market value changed by 119% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $16,422.30 | $16,422.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,301.30 | $9,301.30 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,671.25 | $6,671.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,094.91 | $2,094.91 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,835.35 | $1,835.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $36,325.11 | $36,325.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,650,970 | $1,775,000 | -7.0% |
| Assessed Value | $1,650,970 | $1,775,000 | -7.0% |
| Land Value | $657,963 | $657,963 | +0.0% |
| Improvement Value | $993,007 | $1,117,037 | -11.1% |
| Taxable Value | $1,650,970 | $1,775,000 | -7.0% |
| Total Tax 2026 = estimate |
~$33,787
Estimated
|
~$36,325
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,650,970 | $1,650,970 | +0 (+0.0%) |
| Taxable Value | $1,650,970 | $1,650,970 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,650,970 | $657,963 | $993,007 | — | $1,650,970 | $1,650,970 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,775,000 | $657,963 | $1,117,037 | — | $1,775,000 | $1,775,000 | ~$36,325 | Partial |
| 2024 | $1,775,000 | — | — | −$1,117,037 | $657,963 | $— | $35,177 | Verified |
| 2023 | $1,775,000 | — | — | −$1,117,037 | $657,963 | $— | $32,114 | Verified |
| 2022 | $1,691,036 | — | — | −$1,033,073 | $657,963 | $— | $35,055 | Verified |
| 2021 | $1,425,600 | — | — | −$767,637 | $657,963 | $— | $37,017 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.0% | -7.0% | ~100% | Not available | Partial |
| 2025 | -54.3% | -16.7% | ~100% | Not available | Partial |
| 2024 | +118.6% ! | +20.0% | 54.9% | 0.9100% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | -6.1% | -6.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -6.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -7.0% | +3.3% | +7.2% | +18.6% | 2022 | -7.0% | 2026 |
| Assessment Ratio | 100.0% | 59.9% | — | 100.0% | 2025 | 37.1% | 2023 |
| 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 |
$36,325 | $35,138 | ~$40,821 | $37,017 | 2021 | $32,114 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,874,988 | ~$1,874,988 | ~2.0139% | ~$37,761 | +5.6% |
| 2027 | ~$1,980,609 | ~$1,980,609 | ~1.9814% | ~$39,244 | +11.6% |
| 2028 | ~$2,092,179 | ~$2,092,179 | ~1.9488% | ~$40,773 | +17.9% |
| 2029 | ~$2,210,034 | ~$2,210,034 | ~1.9163% | ~$42,351 | +24.5% |
| 2030 | ~$2,334,529 | ~$2,334,529 | ~1.8837% | ~$43,977 | +31.5% |
| 2026 | ~$1,839,488 | ~$1,839,488 | ~2.0465% | ~$37,645 | +3.6% |
| 2027 | ~$1,906,319 | ~$1,906,319 | ~2.0465% | ~$39,013 | +7.4% |
| 2028 | ~$1,975,578 | ~$1,975,578 | ~2.0465% | ~$40,430 | +11.3% |
| 2029 | ~$2,047,354 | ~$2,047,354 | ~2.0465% | ~$41,899 | +15.3% |
| 2030 | ~$2,121,737 | ~$2,121,737 | ~2.0465% | ~$43,421 | +19.5% |
| 2026 | ~$1,910,488 | ~$1,910,488 | ~1.9977% | ~$38,165 | +7.6% |
| 2027 | ~$2,056,318 | ~$2,056,318 | ~1.9488% | ~$40,074 | +15.8% |
| 2028 | ~$2,213,280 | ~$2,213,280 | ~1.9000% | ~$42,053 | +24.7% |
| 2029 | ~$2,382,222 | ~$2,382,222 | ~1.8512% | ~$44,100 | +34.2% |
| 2030 | ~$2,564,061 | ~$2,564,061 | ~1.8024% | ~$46,214 | +44.5% |
In 2025, this property's market value of $1,775,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +25% 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 | $1,775,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,775,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,775,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,691,036 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,425,600 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.