7025 VILLAGE CENTER TX 78731
| Owner | HEB LP |
|---|---|
| Parcel ID | 0137020715 |
| Short ID | 133966 |
| Type | Real |
| Use Code | 44 Grocery Store |
| Valuation | Income |
| Improvement SF | 56,664 SF |
| Land SF | 265,450 SF |
| Acres | 6.094 |
| Year Built | 1994 |
| Legal | LOT 1 NORTHWEST HILLS VILLAGE CENTER 4&5 AMENDED LOT 1 NORTHWEST HLS VLG CNTR SEC 2 |
| Neighborhood | 44NWE |
| Land | $3,981,750 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,981,750 |
| Improvement | $4,033,539 |
|---|---|
| Total Improvement | $4,033,539 |
| Market | $8,015,289 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,015,289 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,015,289 |
| Exemptions (−) | −$86,477 |
|---|---|
| Taxable Value | $7,928,812 |
Appreciation: Market value has fallen -8.6% from $8,766,667 (2021) to $8,015,289 (2025), a CAGR of -2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 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 $162,262. 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 50% of market value ($3,981,750 land vs $4,033,539 improvements), about $15/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $8,015,289, this parcel sits in the top quartile (≥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 -2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $7,165,971 by 2030, with an estimated annual tax burden around $134,988. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 63,858 SF | ✗ |
| 551 | PAVED AREA | 62,000 SF | ✗ |
| 1ST | 1st Floor | 56,664 SF | ✓ |
| MEZZ | Mezzanine | 7,282 SF | ✓ |
| 611 | TERRACE | 2,308 SF | ✗ |
| 501 | CANOPY | 1,660 SF | ✗ |
| 581C | STORAGE ATT COMM | 1,008 SF | ✓ |
| 411 | SOLAR DEVICES RESIDENTIAL | 177 SF | ✓ |
| 482 | LIGHT POLES | 12 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% | $68,589.91 | $68,589.91 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $38,848.12 | $38,848.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $27,863.36 | $27,863.36 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $8,749.66 | $8,749.66 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $7,665.58 | $7,665.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $151,716.63 | $151,716.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,094,872 | $8,015,289 | +1.0% |
| Assessed Value | $8,094,872 | $8,015,289 | +1.0% |
| Land Value | $3,981,750 | $3,981,750 | +0.0% |
| Improvement Value | $4,113,122 | $4,033,539 | +2.0% |
| Taxable Value | $8,033,541 | $7,928,812 | +1.3% |
| Exemptions | — | N | |
| Total Tax 2026 = estimate |
~$164,405
Estimated
|
~$151,717
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,094,872 | $8,094,872 | +0 (+0.0%) |
| Taxable Value | $8,033,541 | $8,033,541 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,094,872 | $3,981,750 | $4,113,122 | — | $8,094,872 | $8,033,541 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,015,289 | $3,981,750 | $4,033,539 | — | $8,015,289 | $7,928,812 | ~$151,717 | Partial |
| 2024 | $7,205,585 | — | — | — | — | $— | $141,586 | Verified |
| 2023 | $7,205,585 | — | — | — | — | $— | $130,367 | Verified |
| 2022 | $6,980,043 | — | — | −$2,998,293 | $3,981,750 | $— | $142,305 | Verified |
| 2021 | $8,766,667 | — | — | −$4,784,917 | $3,981,750 | $— | $151,933 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +1.0% | +1.0% | ~100% | Not available | Partial |
| 2025 | +11.2% | +11.2% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9600% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +3.2% | +3.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +14.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.0% | -1.0% | -2.4% | +11.2% | 2025 | -20.4% | 2022 |
| Assessment Ratio | 100.0% | 75.6% | — | 100.0% | 2025 | 45.4% | 2021 |
| Effective Tax Rate (2025) | 1.8900% | 1.8900% | — | 1.8900% | 2025 | 1.8900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$151,717 | $143,581 | ~$146,235 | $151,933 | 2021 | $130,367 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,837,731 | ~$7,837,731 | ~2.0139% | ~$157,847 | -2.2% |
| 2027 | ~$7,664,106 | ~$7,664,106 | ~1.9814% | ~$151,856 | -4.4% |
| 2028 | ~$7,494,328 | ~$7,494,328 | ~1.9488% | ~$146,052 | -6.5% |
| 2029 | ~$7,328,310 | ~$7,328,310 | ~1.9163% | ~$140,432 | -8.6% |
| 2030 | ~$7,165,971 | ~$7,165,971 | ~1.8837% | ~$134,988 | -10.6% |
| 2026 | ~$7,677,425 | ~$7,677,425 | ~2.0465% | ~$157,117 | -4.2% |
| 2027 | ~$7,353,803 | ~$7,353,803 | ~2.0465% | ~$150,494 | -8.3% |
| 2028 | ~$7,043,823 | ~$7,043,823 | ~2.0465% | ~$144,151 | -12.1% |
| 2029 | ~$6,746,909 | ~$6,746,909 | ~2.0465% | ~$138,074 | -15.8% |
| 2030 | ~$6,462,510 | ~$6,462,510 | ~2.0465% | ~$132,254 | -19.4% |
| 2026 | ~$7,998,037 | ~$7,998,037 | ~1.9977% | ~$159,774 | -0.2% |
| 2027 | ~$7,980,822 | ~$7,980,822 | ~1.9488% | ~$155,533 | -0.4% |
| 2028 | ~$7,963,644 | ~$7,963,644 | ~1.9000% | ~$151,311 | -0.6% |
| 2029 | ~$7,946,503 | ~$7,946,503 | ~1.8512% | ~$147,105 | -0.9% |
| 2030 | ~$7,929,399 | ~$7,929,399 | ~1.8024% | ~$142,917 | -1.1% |
In 2025, this property's market value of $8,015,289 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,015,289 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $7,205,585 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $7,205,585 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,980,043 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $8,766,667 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 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.