7007 VILLAGE CENTER TX 78731
| Owner | J & S TRADING INC |
|---|---|
| Parcel ID | 0137020706 |
| Short ID | 133961 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,385 SF |
| Land SF | 11,979 SF |
| Acres | 0.275 |
| Year Built | 1978 |
| Legal | LOT 5 NORTHWEST HILLS SEC 9-G |
| Neighborhood | 48NWE |
| Land | $179,685 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $179,685 |
| Improvement | $468,623 |
|---|---|
| Total Improvement | $468,623 |
| Market | $648,308 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $648,308 |
| Value Limitation Adjustment (−) (homestead cap) | −$77,868 |
| Net Appraised (assessed) | $570,440 |
| Taxable Value | $570,440 |
|---|
Appreciation: Market value has risen +56.1% from $415,365 (2021) to $648,308 (2025), a CAGR of 11.8% 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 Commercial parcel countywide rose +17.8%, 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 $11,674. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($570,440) is $77,868 below market value, suggesting potential for an upward assessment in future years.
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 28% of market value ($179,685 land vs $468,623 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~48 yrs), and rent roll drive the underwriting.
Submarket Position: At $648,308, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $680,024 by 2031, with an estimated annual tax burden around $12,810. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,594 SF | ✗ |
| 1ST | 1st Floor | 2,385 SF | ✓ |
| 501 | CANOPY | 1,118 SF | ✗ |
| 611 | TERRACE | 744 SF | ✗ |
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.
| 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% | $4,737.02 | $4,737.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,682.97 | $2,682.97 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,924.33 | $1,924.33 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $604.28 | $604.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $529.41 | $529.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,478.01 | $10,478.01 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $4,737.02 | 45.2% |
| CAT City of Austin | 0.5240% | $2,682.97 | 25.6% |
| TCO Travis County | 0.3758% | $1,924.33 | 18.4% |
| THD Travis Central Health | 0.1180% | $604.28 | 5.8% |
| ACT Austin Community College | 0.1034% | $529.41 | 5.1% |
| Total | 2.0465% | $10,478.01 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $531,468 | $648,308 | -18.0% |
| Assessed Value | $531,468 | $570,440 | -6.8% |
| Land Value | $179,685 | $179,685 | +0.0% |
| Improvement Value | $351,783 | $468,623 | -24.9% |
| Taxable Value | $531,468 | $570,440 | -6.8% |
| Total Tax 2026 = estimate |
~$10,876
Estimated
|
~$10,478
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $531,468 | $179,685 | $351,783 | — | $531,468 | $531,468 | Not yet — post-cert | Preliminary |
| 2025 | $648,308 | $179,685 | $468,623 | −$77,868 | $570,440 | $570,440 | ~$10,478 | Partial |
| 2024 | $511,147 | $179,685 | $331,462 | — | $511,147 | $511,147 | $9,421 | Verified |
| 2023 | $516,335 | $179,685 | $336,650 | — | $516,335 | $516,335 | $8,865 | Verified |
| 2022 | $415,987 | $179,685 | $236,302 | — | $415,987 | $415,987 | $8,045 | Verified |
| 2021 | $415,365 | $179,685 | $235,680 | — | $415,365 | $415,365 | $9,041 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -18.0% | -6.8% | ~100% | Not available | Partial |
| 2025 | +26.8% | +11.6% | 88.0% | Not available | Partial |
| 2024 | -1.0% | -1.0% | ~100% | No billing data | Verified |
| 2023 | +24.1% | +24.1% | ~100% | No billing data | Verified |
| 2022 | +0.1% | +0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -18.0% | +6.4% | +5.1% | +26.8% | 2025 | -18.0% | 2026 |
| Assessment Ratio | 100.0% | 98.0% | — | 100.0% | 2021 | 88.0% | 2025 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,478 | $9,170 | ~$12,018 | $10,478 | 2025 | $8,045 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$558,324 | ~$558,324 | ~2.0139% | ~$11,244 | +5.1% |
| 2028 | ~$586,538 | ~$586,538 | ~1.9814% | ~$11,622 | +10.4% |
| 2029 | ~$616,177 | ~$616,177 | ~1.9488% | ~$12,008 | +15.9% |
| 2030 | ~$647,314 | ~$647,314 | ~1.9163% | ~$12,404 | +21.8% |
| 2031 | ~$680,024 | ~$680,024 | ~1.8837% | ~$12,810 | +28.0% |
| 2027 | ~$547,695 | ~$547,695 | ~2.0465% | ~$11,208 | +3.1% |
| 2028 | ~$564,417 | ~$564,417 | ~2.0465% | ~$11,551 | +6.2% |
| 2029 | ~$581,650 | ~$581,650 | ~2.0465% | ~$11,903 | +9.4% |
| 2030 | ~$599,410 | ~$599,410 | ~2.0465% | ~$12,267 | +12.8% |
| 2031 | ~$617,711 | ~$617,711 | ~2.0465% | ~$12,641 | +16.2% |
| 2027 | ~$568,954 | ~$568,954 | ~1.9977% | ~$11,366 | +7.1% |
| 2028 | ~$609,083 | ~$609,083 | ~1.9488% | ~$11,870 | +14.6% |
| 2029 | ~$652,043 | ~$652,043 | ~1.9000% | ~$12,389 | +22.7% |
| 2030 | ~$698,034 | ~$698,034 | ~1.8512% | ~$12,922 | +31.3% |
| 2031 | ~$747,268 | ~$747,268 | ~1.8024% | ~$13,469 | +40.6% |
In 2025, this property's market value of $648,308 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -53% below the county median of $1,382,921. 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 | $648,308 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $511,147 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $516,335 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $415,987 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $415,365 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |