3501 E 7 ST TX 78702
| Owner | EL OTRO LADO INC |
|---|---|
| Parcel ID | 0202141009 |
| Short ID | 189986 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 2,924 SF |
| Land SF | 10,288 SF |
| Acres | 0.236 |
| Year Built | 1963 |
| Legal | 0.2362 AC OF OLT 17 DIV A PIPKIN ESTATES |
| Neighborhood | 32CEN |
| Land | $565,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $565,840 |
| Improvement | $486,291 |
|---|---|
| Total Improvement | $486,291 |
| Market | $1,052,131 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,052,131 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,052,131 |
| Taxable Value | $1,052,131 |
|---|
Appreciation: Market value has risen +47.1% from $715,088 (2021) to $1,052,131 (2025), a CAGR of 10.1% over 4 years. This is strong appreciation — well above typical inflation. 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 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 $21,532. 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 54% of market value ($565,840 land vs $486,291 improvements), about $55/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,052,131, this parcel sits in the lower-middle (25th–50th 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 +10.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,704,935 by 2030, with an estimated annual tax burden around $31,919. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 5,400 SF | ✗ |
| 1ST | 1st Floor | 2,924 SF | ✓ |
| 501 | CANOPY | 884 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% | $9,734.32 | $9,734.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,513.35 | $5,513.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,954.38 | $3,954.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,241.76 | $1,241.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,087.90 | $1,087.90 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,531.71 | $21,531.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,125,002 | $1,052,131 | +6.9% |
| Assessed Value | $1,125,002 | $1,052,131 | +6.9% |
| Land Value | $565,840 | $565,840 | +0.0% |
| Improvement Value | $559,162 | $486,291 | +15.0% |
| Taxable Value | $1,125,002 | $1,052,131 | +6.9% |
| Total Tax 2026 = estimate |
~$23,023
Estimated
|
~$21,532
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,125,002 | $1,125,002 | +0 (+0.0%) |
| Taxable Value | $1,125,002 | $1,125,002 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,125,002 | $565,840 | $559,162 | — | $1,125,002 | $1,125,002 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,052,131 | $565,840 | $486,291 | — | $1,052,131 | $1,052,131 | ~$21,532 | Partial |
| 2024 | $1,054,361 | — | — | −$488,521 | $565,840 | $— | $21,734 | Verified |
| 2023 | $1,003,980 | — | — | −$438,140 | $565,840 | $— | $19,076 | Verified |
| 2022 | $1,007,721 | — | — | −$493,321 | $514,400 | $— | $19,828 | Verified |
| 2021 | $715,088 | — | — | −$200,688 | $514,400 | $— | $21,935 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.9% | +6.9% | ~100% | Not available | Partial |
| 2025 | -4.1% | -4.1% | ~100% | Not available | Partial |
| 2024 | +4.0% | +4.0% | ~100% | 1.9800% | Verified |
| 2023 | +5.0% | +5.0% | ~100% | 1.8100% | Verified |
| 2022 | -0.4% | -0.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 3.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | +10.4% | +8.7% | +40.9% | 2022 | -0.4% | 2023 |
| Assessment Ratio | 100.0% | 72.2% | — | 100.0% | 2025 | 51.0% | 2022 |
| 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 |
$21,532 | $20,821 | ~$27,452 | $21,935 | 2021 | $19,076 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,158,770 | ~$1,157,344 | ~2.0139% | ~$23,308 | +10.1% |
| 2027 | ~$1,276,218 | ~$1,273,079 | ~1.9814% | ~$25,225 | +21.3% |
| 2028 | ~$1,405,570 | ~$1,400,386 | ~1.9488% | ~$27,291 | +33.6% |
| 2029 | ~$1,548,033 | ~$1,540,425 | ~1.9163% | ~$29,519 | +47.1% |
| 2030 | ~$1,704,935 | ~$1,694,467 | ~1.8837% | ~$31,919 | +62.0% |
| 2026 | ~$1,137,728 | ~$1,137,728 | ~2.0465% | ~$23,283 | +8.1% |
| 2027 | ~$1,230,288 | ~$1,230,288 | ~2.0465% | ~$25,178 | +16.9% |
| 2028 | ~$1,330,379 | ~$1,330,379 | ~2.0465% | ~$27,226 | +26.4% |
| 2029 | ~$1,438,613 | ~$1,438,613 | ~2.0465% | ~$29,441 | +36.7% |
| 2030 | ~$1,555,652 | ~$1,555,652 | ~2.0465% | ~$31,836 | +47.9% |
| 2026 | ~$1,179,813 | ~$1,157,344 | ~1.9977% | ~$23,120 | +12.1% |
| 2027 | ~$1,322,990 | ~$1,273,079 | ~1.9488% | ~$24,810 | +25.7% |
| 2028 | ~$1,483,542 | ~$1,400,386 | ~1.9000% | ~$26,608 | +41.0% |
| 2029 | ~$1,663,579 | ~$1,540,425 | ~1.8512% | ~$28,516 | +58.1% |
| 2030 | ~$1,865,463 | ~$1,694,467 | ~1.8024% | ~$30,541 | +77.3% |
In 2025, this property's market value of $1,052,131 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -26% 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 | $1,052,131 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,054,361 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,003,980 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,007,721 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $715,088 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below median | 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.