1604 E WILLIAM CANNON DR TX 78744
| Owner | NNN REIT LP |
|---|---|
| Parcel ID | 0423060502 |
| Short ID | 338027 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 3,320 SF |
| Land SF | 39,988 SF |
| Acres | 0.918 |
| Year Built | 1999 |
| Legal | LOT 1 COMAL BLUFF SEC 3 |
| Neighborhood | 48SEA |
| Land | $999,700 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $999,700 |
| Improvement | $551,898 |
|---|---|
| Total Improvement | $551,898 |
| Market | $1,551,598 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,551,598 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,551,598 |
| Taxable Value | $1,551,598 |
|---|
Appreciation: Market value has risen +21.5% from $1,277,357 (2021) to $1,551,598 (2025), a CAGR of 5.0% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $31,753. 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 64% of market value ($999,700 land vs $551,898 improvements), about $25/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,551,598, 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 +5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,978,622 by 2030, with an estimated annual tax burden around $37,272. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 20,000 SF | ✗ |
| 1ST | 1st Floor | 3,320 SF | ✓ |
| 501 | CANOPY | 2,609 SF | ✗ |
| 611 | TERRACE | 1,254 SF | ✗ |
| 437 | FENCE MASON LF | 35 SF | ✗ |
| 435 | FENCE IRON LF | 11 SF | ✗ |
| 482 | LIGHT POLES | 8 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% | $14,355.38 | $14,355.38 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,130.64 | $8,130.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,831.60 | $5,831.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,831.24 | $1,831.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,604.35 | $1,604.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,753.21 | $31,753.21 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,630,500 | $1,551,598 | +5.1% |
| Assessed Value | $1,630,500 | $1,551,598 | +5.1% |
| Land Value | $999,700 | $999,700 | +0.0% |
| Improvement Value | $630,800 | $551,898 | +14.3% |
| Taxable Value | $1,630,500 | $1,551,598 | +5.1% |
| Total Tax 2026 = estimate |
~$33,368
Estimated
|
~$31,753
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,630,500 | $1,630,500 | +0 (+0.0%) |
| Taxable Value | $1,630,500 | $1,630,500 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,630,500 | $999,700 | $630,800 | — | $1,630,500 | $1,630,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,551,598 | $999,700 | $551,898 | — | $1,551,598 | $1,551,598 | ~$31,753 | Partial |
| 2024 | $1,402,000 | — | — | −$402,300 | $999,700 | $— | $30,928 | Verified |
| 2023 | $1,295,051 | — | — | −$495,291 | $799,760 | $— | $25,366 | Verified |
| 2022 | $1,288,031 | — | — | −$488,271 | $799,760 | $— | $25,576 | Verified |
| 2021 | $1,277,357 | — | — | −$477,597 | $799,760 | $— | $28,036 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +5.1% | +5.1% | ~100% | Not available | Partial |
| 2025 | -0.6% | -0.6% | ~100% | Not available | Partial |
| 2024 | +11.3% | +11.3% | ~100% | 1.9800% | Verified |
| 2023 | +8.3% | +8.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.5% | +0.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +20.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.1% | +5.1% | +4.0% | +10.7% | 2025 | +0.5% | 2023 |
| Assessment Ratio | 100.0% | 76.3% | — | 100.0% | 2025 | 61.8% | 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 |
$31,753 | $28,332 | ~$35,013 | $31,753 | 2025 | $25,366 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,628,906 | ~$1,628,906 | ~2.0139% | ~$32,805 | +5.0% |
| 2027 | ~$1,710,065 | ~$1,710,065 | ~1.9814% | ~$33,883 | +10.2% |
| 2028 | ~$1,795,268 | ~$1,795,268 | ~1.9488% | ~$34,987 | +15.7% |
| 2029 | ~$1,884,717 | ~$1,884,717 | ~1.9163% | ~$36,117 | +21.5% |
| 2030 | ~$1,978,622 | ~$1,978,622 | ~1.8837% | ~$37,272 | +27.5% |
| 2026 | ~$1,597,874 | ~$1,597,874 | ~2.0465% | ~$32,700 | +3.0% |
| 2027 | ~$1,645,530 | ~$1,645,530 | ~2.0465% | ~$33,676 | +6.1% |
| 2028 | ~$1,694,607 | ~$1,694,607 | ~2.0465% | ~$34,680 | +9.2% |
| 2029 | ~$1,745,148 | ~$1,745,148 | ~2.0465% | ~$35,714 | +12.5% |
| 2030 | ~$1,797,196 | ~$1,797,196 | ~2.0465% | ~$36,779 | +15.8% |
| 2026 | ~$1,659,938 | ~$1,659,938 | ~1.9977% | ~$33,160 | +7.0% |
| 2027 | ~$1,775,842 | ~$1,775,842 | ~1.9488% | ~$34,608 | +14.5% |
| 2028 | ~$1,899,839 | ~$1,899,839 | ~1.9000% | ~$36,097 | +22.4% |
| 2029 | ~$2,032,495 | ~$2,032,495 | ~1.8512% | ~$37,625 | +31.0% |
| 2030 | ~$2,174,413 | ~$2,174,413 | ~1.8024% | ~$39,191 | +40.1% |
In 2025, this property's market value of $1,551,598 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +9% 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 | $1,551,598 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,402,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,295,051 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,288,031 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,277,357 | $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.