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 +57.6% from $411,340 (2021) to $648,308 (2025), a CAGR of 12.0% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 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 bottom quartile (<25th 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 +12.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,144,872 by 2030, with an estimated annual tax burden around $17,306. 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 | ✗ |
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% | $4,737.02 | $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 |
| 2026 Certified Certified | 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
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $531,468 | $531,468 | +0 (+0.0%) |
| Taxable Value | $531,468 | $531,468 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $531,468 | $179,685 | $351,783 | — | $531,468 | $531,468 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $648,308 | $179,685 | $468,623 | −$77,868 | $570,440 | $570,440 | ~$10,478 | Partial |
| 2024 | $490,000 | — | — | −$310,315 | $179,685 | $— | $9,421 | Verified |
| 2023 | $407,379 | — | — | −$227,694 | $179,685 | $— | $8,865 | Verified |
| 2022 | $415,365 | — | — | −$235,680 | $179,685 | $— | $8,045 | Verified |
| 2021 | $411,340 | — | — | −$231,655 | $179,685 | $— | $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% | 1.8400% | Verified |
| 2023 | +24.1% | +24.1% | ~100% | 1.7200% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.2000% | 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% | +6.7% | +17.0% | +32.3% | 2025 | -18.0% | 2026 |
| Assessment Ratio | 100.0% | 59.3% | — | 100.0% | 2026 | 36.7% | 2024 |
| 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 | ~$14,884 | $10,478 | 2025 | $8,045 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$726,401 | ~$627,484 | ~2.0139% | ~$12,637 | +12.0% |
| 2027 | ~$813,901 | ~$690,232 | ~1.9814% | ~$13,676 | +25.5% |
| 2028 | ~$911,941 | ~$759,256 | ~1.9488% | ~$14,797 | +40.7% |
| 2029 | ~$1,021,790 | ~$835,181 | ~1.9163% | ~$16,004 | +57.6% |
| 2030 | ~$1,144,872 | ~$918,699 | ~1.8837% | ~$17,306 | +76.6% |
| 2026 | ~$713,435 | ~$627,484 | ~2.0465% | ~$12,841 | +10.0% |
| 2027 | ~$785,104 | ~$690,232 | ~2.0465% | ~$14,125 | +21.1% |
| 2028 | ~$863,973 | ~$759,256 | ~2.0465% | ~$15,538 | +33.3% |
| 2029 | ~$950,765 | ~$835,181 | ~2.0465% | ~$17,092 | +46.7% |
| 2030 | ~$1,046,276 | ~$918,699 | ~2.0465% | ~$18,801 | +61.4% |
| 2026 | ~$739,367 | ~$627,484 | ~1.9977% | ~$12,535 | +14.0% |
| 2027 | ~$843,216 | ~$690,232 | ~1.9488% | ~$13,452 | +30.1% |
| 2028 | ~$961,652 | ~$759,256 | ~1.9000% | ~$14,426 | +48.3% |
| 2029 | ~$1,096,722 | ~$835,181 | ~1.8512% | ~$15,461 | +69.2% |
| 2030 | ~$1,250,764 | ~$918,699 | ~1.8024% | ~$16,558 | +92.9% |
In 2025, this property's market value of $648,308 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -54% 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 | $648,308 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $490,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $407,379 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $415,365 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $411,340 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 25% | 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.