1623 E 7 ST TX 78702
| Owner | WHATS UP EAST AUSTIN LP |
|---|---|
| Parcel ID | 0204080512 |
| Short ID | 191969 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 811 SF |
| Land SF | 8,960 SF |
| Acres | 0.206 |
| Year Built | 1969 |
| Legal | LOT 13 OLT 5 DIV A MCFALLS J K P SUBD |
| Neighborhood | 33CEN |
| Land | $1,344,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,344,000 |
| Improvement | $25,124 |
|---|---|
| Total Improvement | $25,124 |
| Market | $1,369,124 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,369,124 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,369,124 |
| Taxable Value | $1,369,124 |
|---|
Appreciation: Market value has risen +31.5% from $1,040,788 (2021) to $1,369,124 (2025), a CAGR of 7.1% 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 +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 $28,019. 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 98% of market value ($1,344,000 land vs $25,124 improvements), about $150/SF of land. With value concentrated in the land under a ~57-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,369,124, 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 +5.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,804,275 by 2031, with an estimated annual tax burden around $33,988. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 7,800 SF | ✗ |
| 1ST | 1st Floor | 811 SF | ✓ |
| SO | Sketch Only | 429 SF | ✗ |
| 541 | FENCE COMM LF | 128 SF | ✗ |
| 571C | STORAGE DET COMM | 117 SF | ✓ |
| 282 | LIGHT POLES FV | 1 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% | $12,667.14 | $12,667.14 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,174.44 | $7,174.44 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,145.78 | $5,145.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,615.88 | $1,615.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,415.67 | $1,415.67 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $28,018.91 | $28,018.91 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $12,667.14 | 45.2% |
| CAT City of Austin | 0.5240% | $7,174.44 | 25.6% |
| TCO Travis County | 0.3758% | $5,145.78 | 18.4% |
| THD Travis Central Health | 0.1180% | $1,615.88 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,415.67 | 5.1% |
| Total | 2.0465% | $28,018.91 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,370,353 | $1,369,124 | +0.1% |
| Assessed Value | $1,370,353 | $1,369,124 | +0.1% |
| Land Value | $1,344,000 | $1,344,000 | +0.0% |
| Improvement Value | $26,353 | $25,124 | +4.9% |
| Taxable Value | $1,370,353 | $1,369,124 | +0.1% |
| Total Tax 2026 = estimate |
~$28,044
Estimated
|
~$28,019
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,370,353 | $1,344,000 | $26,353 | — | $1,370,353 | $1,370,353 | Not yet — post-cert | Preliminary |
| 2025 | $1,369,124 | $1,344,000 | $25,124 | — | $1,369,124 | $1,369,124 | ~$28,019 | Partial |
| 2024 | $1,367,905 | $1,344,000 | $23,905 | — | $1,367,905 | $1,367,905 | $27,109 | Verified |
| 2023 | $1,299,201 | $1,344,000 | — | — | $1,299,201 | $1,299,201 | $23,506 | Verified |
| 2022 | $1,156,037 | $1,120,000 | $36,037 | — | $1,156,037 | $1,156,037 | $22,831 | Verified |
| 2021 | $1,040,788 | $1,030,400 | $10,388 | — | $1,040,788 | $1,040,788 | $22,655 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | +5.3% | +5.3% | ~100% | No billing data | Verified |
| 2023 | +12.4% | +12.4% | ~100% | No billing data | Verified |
| 2022 | +11.1% | +11.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +5.8% | +5.7% | +12.4% | 2023 | +0.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$28,019 | $24,824 | ~$31,536 | $28,019 | 2025 | $22,655 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,447,860 | ~$1,447,860 | ~2.0139% | ~$29,159 | +5.7% |
| 2028 | ~$1,529,750 | ~$1,529,750 | ~1.9814% | ~$30,310 | +11.6% |
| 2029 | ~$1,616,272 | ~$1,616,272 | ~1.9488% | ~$31,499 | +17.9% |
| 2030 | ~$1,707,688 | ~$1,707,688 | ~1.9163% | ~$32,724 | +24.6% |
| 2031 | ~$1,804,275 | ~$1,804,275 | ~1.8837% | ~$33,988 | +31.7% |
| 2027 | ~$1,420,453 | ~$1,420,453 | ~2.0465% | ~$29,069 | +3.7% |
| 2028 | ~$1,472,384 | ~$1,472,384 | ~2.0465% | ~$30,132 | +7.4% |
| 2029 | ~$1,526,214 | ~$1,526,214 | ~2.0465% | ~$31,234 | +11.4% |
| 2030 | ~$1,582,012 | ~$1,582,012 | ~2.0465% | ~$32,376 | +15.4% |
| 2031 | ~$1,639,850 | ~$1,639,850 | ~2.0465% | ~$33,559 | +19.7% |
| 2027 | ~$1,475,267 | ~$1,475,267 | ~1.9977% | ~$29,471 | +7.7% |
| 2028 | ~$1,588,213 | ~$1,588,213 | ~1.9488% | ~$30,952 | +15.9% |
| 2029 | ~$1,709,806 | ~$1,709,806 | ~1.9000% | ~$32,487 | +24.8% |
| 2030 | ~$1,840,708 | ~$1,840,708 | ~1.8512% | ~$34,075 | +34.3% |
| 2031 | ~$1,981,632 | ~$1,981,632 | ~1.8024% | ~$35,716 | +44.6% |
In 2025, this property's market value of $1,369,124 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -1% 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 | $1,369,124 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,367,905 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,299,201 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $1,156,037 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $1,040,788 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |