1813 E WILLIAM CANNON DR TX 78744
| Owner | SONIC DEVELOPMENT OF CENTRAL T |
|---|---|
| Parcel ID | 0423060229 |
| Short ID | 447434 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 1,456 SF |
| Land SF | 34,456 SF |
| Acres | 0.791 |
| Year Built | 1997 |
| Legal | LOT 1 BLK A SOUTH CREEK SEC II RESUB OF LOT A |
| Neighborhood | 33SEA |
| Land | $344,560 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $344,560 |
| Improvement | $436,177 |
|---|---|
| Total Improvement | $436,177 |
| Market | $780,737 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $780,737 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $780,737 |
| Exemptions (−) | −$344,560 |
|---|---|
| Taxable Value | $436,177 |
Appreciation: Market value has fallen -34.0% from $1,182,600 (2021) to $780,737 (2025), a CAGR of -9.9% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $8,926. 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 44% of market value ($344,560 land vs $436,177 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~29 yrs), and rent roll drive the underwriting.
Submarket Position: At $780,737, 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 -9.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $464,610 by 2030, with an estimated annual tax burden around $8,752. 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 |
|---|---|---|---|
| 501 | CANOPY | 4,858 SF | ✗ |
| 551 | PAVED AREA | 4,000 SF | ✗ |
| 611 | TERRACE | 1,898 SF | ✗ |
| 1ST | 1st Floor | 1,456 SF | ✓ |
| 435 | FENCE IRON LF | 58 SF | ✗ |
| 541 | FENCE COMM LF | 49 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% | $4,035.51 | $4,035.51 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,285.64 | $2,285.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,639.35 | $1,639.35 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $514.79 | $514.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $451.01 | $451.01 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $8,926.30 | $8,926.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $780,737 | $780,737 | +0.0% |
| Assessed Value | $780,737 | $780,737 | +0.0% |
| Land Value | $344,560 | $344,560 | +0.0% |
| Improvement Value | $436,177 | $436,177 | +0.0% |
| Taxable Value | $436,177 | $436,177 | +0.0% |
| Exemptions | — | @ | |
| Total Tax 2026 = estimate |
~$8,926
Estimated
|
~$8,926
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $780,737 | $780,737 | +0 (+0.0%) |
| Taxable Value | $436,177 | $436,177 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $780,737 | $344,560 | $436,177 | — | $780,737 | $436,177 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $780,737 | $344,560 | $436,177 | — | $780,737 | $436,177 | ~$8,926 | Partial |
| 2024 | $757,997 | — | — | −$413,437 | $344,560 | $— | $8,644 | Verified |
| 2023 | $731,744 | — | — | −$387,184 | $344,560 | $— | $7,480 | Verified |
| 2022 | $1,010,957 | — | — | −$666,397 | $344,560 | $— | $7,647 | Verified |
| 2021 | $1,182,600 | — | — | −$838,040 | $344,560 | $— | $22,005 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -7.8% | -7.8% | ~100% | 1.1100% | Verified |
| 2023 | +15.7% | +15.7% | ~100% | 0.8800% | Verified |
| 2022 | -27.6% | -27.6% | ~100% | 1.0500% | Verified |
| 2021 | base year | — | ~100% | 1.8600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -22.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -7.1% | -9.9% | +3.6% | 2024 | -27.6% | 2023 |
| Assessment Ratio | 100.0% | 59.3% | — | 100.0% | 2025 | 29.1% | 2021 |
| Effective Tax Rate (2025) | 1.1400% | 1.1400% | — | 1.1400% | 2025 | 1.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,926 | $10,940 | ~$11,303 | $22,005 | 2021 | $7,480 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$703,755 | ~$703,755 | ~2.0139% | ~$14,173 | -9.9% |
| 2027 | ~$634,364 | ~$634,364 | ~1.9814% | ~$12,569 | -18.7% |
| 2028 | ~$571,814 | ~$571,814 | ~1.9488% | ~$11,144 | -26.8% |
| 2029 | ~$515,432 | ~$515,432 | ~1.9163% | ~$9,877 | -34.0% |
| 2030 | ~$464,610 | ~$464,610 | ~1.8837% | ~$8,752 | -40.5% |
| 2026 | ~$741,700 | ~$741,700 | ~2.0465% | ~$15,179 | -5.0% |
| 2027 | ~$704,615 | ~$704,615 | ~2.0465% | ~$14,420 | -9.8% |
| 2028 | ~$669,384 | ~$669,384 | ~2.0465% | ~$13,699 | -14.3% |
| 2029 | ~$635,915 | ~$635,915 | ~2.0465% | ~$13,014 | -18.5% |
| 2030 | ~$604,119 | ~$604,119 | ~2.0465% | ~$12,363 | -22.6% |
| 2026 | ~$719,370 | ~$719,370 | ~1.9977% | ~$14,371 | -7.9% |
| 2027 | ~$662,826 | ~$662,826 | ~1.9488% | ~$12,917 | -15.1% |
| 2028 | ~$610,727 | ~$610,727 | ~1.9000% | ~$11,604 | -21.8% |
| 2029 | ~$562,723 | ~$562,723 | ~1.8512% | ~$10,417 | -27.9% |
| 2030 | ~$518,492 | ~$518,492 | ~1.8024% | ~$9,345 | -33.6% |
In 2025, this property's market value of $780,737 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -45% 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 | $780,737 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $757,997 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $731,744 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,010,957 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,182,600 | $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.