2302 E WILLIAM CANNON DR TX 78744
| Owner | PECOS HOUSING FINANCE CORPORATION |
|---|---|
| Parcel ID | 0422030118 |
| Short ID | 336592 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 229,997 SF |
| Land SF | 811,523 SF |
| Acres | 18.630 |
| Year Built | 2001 |
| Legal | LOT 3 EIGHTY ONE WILLIAM CANNON JOINT VENTURE SUBD |
| Neighborhood | 08SE1 |
| Land | $4,869,137 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,869,137 |
| Improvement | $35,710,863 |
|---|---|
| Total Improvement | $35,710,863 |
| Market | $40,580,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,580,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,580,000 |
| Taxable Value | $40,580,000 |
|---|
Appreciation: Market value has risen +49.2% from $27,200,000 (2021) to $40,580,000 (2025), a CAGR of 10.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced 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 $830,464. 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 12% of market value ($4,869,137 land vs $35,710,863 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~25 yrs), and rent roll drive the underwriting.
Submarket Position: At $40,580,000, 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 +10.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $66,909,990 by 2030, with an estimated annual tax burden around $1,231,110. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 117,574 SF | ✓ |
| 2ND | 2nd Floor | 112,423 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% | $375,446.16 | $375,446.16 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $212,646.10 | $212,646.10 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $152,517.90 | $152,517.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $47,893.73 | $47,893.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $41,959.72 | $41,959.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $830,463.61 | $830,463.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $37,000,000 | $40,580,000 | -8.8% |
| Assessed Value | $37,000,000 | $40,580,000 | -8.8% |
| Land Value | $4,869,137 | $4,869,137 | +0.0% |
| Improvement Value | $32,130,863 | $35,710,863 | -10.0% |
| Taxable Value | $37,000,000 | $40,580,000 | -8.8% |
| Total Tax 2026 = estimate |
~$757,199
Estimated
|
~$830,464
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $38,527,827 | $37,000,000 | -1,527,827 (-4.0%) |
| Taxable Value | $38,527,827 | $37,000,000 | -1,527,827 (-4.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $37,000,000 | $4,869,137 | $32,130,863 | — | $37,000,000 | $37,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $40,580,000 | $4,869,137 | $35,710,863 | — | $40,580,000 | $40,580,000 | ~$830,464 | Partial |
| 2024 | $49,095,513 | — | — | −$44,226,376 | $4,869,137 | $— | $854,571 | Verified |
| 2023 | $41,285,925 | — | — | −$36,416,788 | $4,869,137 | $— | $888,259 | Verified |
| 2022 | $33,725,000 | — | — | −$28,855,863 | $4,869,137 | $— | $815,365 | Verified |
| 2021 | $27,200,000 | — | — | −$22,330,863 | $4,869,137 | $— | $735,945 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2025 | -10.5% | -10.5% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.8800% | Verified |
| 2023 | +18.9% | +18.9% | ~100% | 1.8100% | Verified |
| 2022 | +16.3% | +16.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.7100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.8% | +7.8% | +12.7% | +24.0% | 2022 | -17.3% | 2025 |
| Assessment Ratio | 100.0% | 42.3% | — | 100.0% | 2025 | 9.9% | 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 |
$830,464 | $824,921 | ~$1,058,825 | $888,259 | 2023 | $735,945 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$44,848,490 | ~$44,638,000 | ~2.0139% | ~$898,981 | +10.5% |
| 2027 | ~$49,565,970 | ~$49,101,800 | ~1.9814% | ~$972,897 | +22.1% |
| 2028 | ~$54,779,668 | ~$54,011,980 | ~1.9488% | ~$1,052,607 | +35.0% |
| 2029 | ~$60,541,779 | ~$59,413,178 | ~1.9163% | ~$1,138,529 | +49.2% |
| 2030 | ~$66,909,990 | ~$65,354,496 | ~1.8837% | ~$1,231,110 | +64.9% |
| 2026 | ~$44,036,890 | ~$44,036,890 | ~2.0465% | ~$901,208 | +8.5% |
| 2027 | ~$47,788,263 | ~$47,788,263 | ~2.0465% | ~$977,980 | +17.8% |
| 2028 | ~$51,859,203 | ~$51,859,203 | ~2.0465% | ~$1,061,291 | +27.8% |
| 2029 | ~$56,276,936 | ~$56,276,936 | ~2.0465% | ~$1,151,699 | +38.7% |
| 2030 | ~$61,071,001 | ~$61,071,001 | ~2.0465% | ~$1,249,809 | +50.5% |
| 2026 | ~$45,660,090 | ~$44,638,000 | ~1.9977% | ~$891,716 | +12.5% |
| 2027 | ~$51,376,142 | ~$49,101,800 | ~1.9488% | ~$956,915 | +26.6% |
| 2028 | ~$57,807,769 | ~$54,011,980 | ~1.9000% | ~$1,026,237 | +42.5% |
| 2029 | ~$65,044,553 | ~$59,413,178 | ~1.8512% | ~$1,099,853 | +60.3% |
| 2030 | ~$73,187,288 | ~$65,354,496 | ~1.8024% | ~$1,177,931 | +80.4% |
In 2025, this property's market value of $40,580,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 78× 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 | $40,580,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $49,095,513 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $41,285,925 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $33,725,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $27,200,000 | $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.