1121 E 7 ST TX 78702
| Owner | 1121 EAST 7TH STREET LLC |
|---|---|
| Parcel ID | 0206051301 |
| Short ID | 194830 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 10,825 SF |
| Land SF | 37,935 SF |
| Acres | 0.871 |
| Year Built | 1992 |
| Legal | LOT 12-22 BLK 3 OLT 2 DIV A TAYLORS SUBD |
| Neighborhood | 52EAS |
| Land | $6,638,625 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,638,625 |
| Improvement | $2,333,919 |
|---|---|
| Total Improvement | $2,333,919 |
| Market | $8,972,544 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,972,544 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,972,544 |
| Taxable Value | $8,972,544 |
|---|
Appreciation: Market value has risen +92.5% from $4,660,614 (2021) to $8,972,544 (2025), a CAGR of 17.8% 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 $183,622. 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 74% of market value ($6,638,625 land vs $2,333,919 improvements), about $175/SF of land. With value concentrated in the land under a ~34-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 $8,972,544, this parcel sits in the top quartile (≥75th 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 +13.9% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $17,201,711 by 2031, with an estimated annual tax burden around $271,639. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 10,825 SF | ✗ |
| 1ST | 1st Floor | 9,600 SF | ✓ |
| 501 | CANOPY | 1,692 SF | ✗ |
| 2ND | 2nd Floor | 1,225 SF | ✓ |
| 611 | TERRACE | 150 SF | ✗ |
| SO | Sketch Only | 150 SF | ✗ |
| 482 | LIGHT POLES | 11 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | FIREPLACE | 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% | $83,013.98 | $83,013.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,017.66 | $47,017.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,722.86 | $33,722.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,589.67 | $10,589.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,277.61 | $9,277.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $183,621.78 | $183,621.78 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $83,013.98 | 45.2% |
| CAT City of Austin | 0.5240% | $47,017.66 | 25.6% |
| TCO Travis County | 0.3758% | $33,722.86 | 18.4% |
| THD Travis Central Health | 0.1180% | $10,589.67 | 5.8% |
| ACT Austin Community College | 0.1034% | $9,277.61 | 5.1% |
| Total | 2.0465% | $183,621.78 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,953,800 | $8,972,544 | -0.2% |
| Assessed Value | $8,953,800 | $8,972,544 | -0.2% |
| Land Value | $6,638,625 | $6,638,625 | +0.0% |
| Improvement Value | $2,315,175 | $2,333,919 | -0.8% |
| Taxable Value | $8,953,800 | $8,972,544 | -0.2% |
| Total Tax 2026 = estimate |
~$183,238
Estimated
|
~$183,622
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $8,953,800 | $6,638,625 | $2,315,175 | — | $8,953,800 | $8,953,800 | Not yet — post-cert | Preliminary |
| 2025 | $8,972,544 | $6,638,625 | $2,333,919 | — | $8,972,544 | $8,972,544 | ~$183,622 | Partial |
| 2024 | $8,417,803 | $6,638,625 | $1,779,178 | — | $8,417,803 | $8,417,803 | $166,825 | Verified |
| 2023 | $6,932,687 | $6,638,625 | $294,062 | — | $6,932,687 | $6,932,687 | $125,429 | Verified |
| 2022 | $4,850,287 | $4,741,875 | $108,412 | — | $4,850,287 | $4,850,287 | $95,789 | Verified |
| 2021 | $4,660,614 | $4,552,200 | $108,414 | — | $4,660,614 | $4,660,614 | $101,447 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2024 | +21.4% | +21.4% | ~100% | No billing data | Verified |
| 2023 | +42.9% | +42.9% | ~100% | No billing data | Verified |
| 2022 | +4.1% | +4.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +92.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | +15.0% | +13.9% | +42.9% | 2023 | -0.2% | 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 |
$183,622 | $134,622 | ~$233,625 | $183,622 | 2025 | $95,789 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$10,202,820 | ~$9,849,180 | ~2.0139% | ~$198,356 | +13.9% |
| 2028 | ~$11,626,074 | ~$10,834,098 | ~1.9814% | ~$214,666 | +29.8% |
| 2029 | ~$13,247,866 | ~$11,917,508 | ~1.9488% | ~$232,253 | +48.0% |
| 2030 | ~$15,095,892 | ~$13,109,259 | ~1.9163% | ~$251,212 | +68.6% |
| 2031 | ~$17,201,711 | ~$14,420,184 | ~1.8837% | ~$271,639 | +92.1% |
| 2027 | ~$10,023,744 | ~$9,849,180 | ~2.0465% | ~$201,562 | +11.9% |
| 2028 | ~$11,221,543 | ~$10,834,098 | ~2.0465% | ~$221,718 | +25.3% |
| 2029 | ~$12,562,474 | ~$11,917,508 | ~2.0465% | ~$243,890 | +40.3% |
| 2030 | ~$14,063,641 | ~$13,109,259 | ~2.0465% | ~$268,279 | +57.1% |
| 2031 | ~$15,744,191 | ~$14,420,184 | ~2.0465% | ~$295,107 | +75.8% |
| 2027 | ~$10,381,896 | ~$9,849,180 | ~1.9977% | ~$196,753 | +15.9% |
| 2028 | ~$12,037,769 | ~$10,834,098 | ~1.9488% | ~$211,139 | +34.4% |
| 2029 | ~$13,957,746 | ~$11,917,508 | ~1.9000% | ~$226,435 | +55.9% |
| 2030 | ~$16,183,952 | ~$13,109,259 | ~1.8512% | ~$242,678 | +80.7% |
| 2031 | ~$18,765,230 | ~$14,420,184 | ~1.8024% | ~$259,905 | +109.6% |
In 2025, this property's market value of $8,972,544 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — 6× 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 | $8,972,544 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $8,417,803 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $6,932,687 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $4,850,287 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $4,660,614 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 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 | — |