2129 E 7 ST TX 78702
| Owner | EAST END PARTNERS LTD |
|---|---|
| Parcel ID | 0203090416 |
| Short ID | 771910 |
| Type | Real |
| Use Code | 33 Fast Food Restaurant |
| Valuation | Income |
| Improvement SF | 2,314 SF |
| Land SF | 21,780 SF |
| Acres | 0.500 |
| Year Built | 1987 |
| Legal | LOT 1 BLK A 7TH & MARTINEZ SUBD |
| Neighborhood | 33CEN |
| Land | $3,267,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,267,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,750,000 |
| Taxable Value | $2,750,000 |
|---|
Appreciation: Market value has risen +40.7% from $1,955,000 (2021) to $2,750,000 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 $56,278. 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 119% of market value ($3,267,000 land vs $0 improvements), about $150/SF of land. With value concentrated in the land under a ~39-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 $2,750,000, this parcel sits in the upper-middle (50th–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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,212,744 by 2030, with an estimated annual tax burden around $79,357. 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 | 14,500 SF | ✗ |
| 1ST | 1st Floor | 2,314 SF | ✓ |
| 611 | TERRACE | 650 SF | ✗ |
Market value changed by 79% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $25,443.00 | $25,443.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,410.47 | $14,410.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,335.74 | $10,335.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,245.63 | $3,245.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,843.50 | $2,843.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $56,278.34 | $56,278.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,339,111 | $2,750,000 | +21.4% |
| Assessed Value | $3,339,111 | $2,750,000 | +21.4% |
| Land Value | $3,267,000 | $3,267,000 | +0.0% |
| Improvement Value | $72,111 | — | — |
| Taxable Value | $3,339,111 | $2,750,000 | +21.4% |
| Total Tax 2026 = estimate |
~$68,334
Estimated
|
~$56,278
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,339,111 | $3,339,111 | +0 (+0.0%) |
| Taxable Value | $3,339,111 | $3,339,111 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,339,111 | $3,267,000 | $72,111 | — | $3,339,111 | $3,339,111 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,750,000 | $3,267,000 | — | — | $2,750,000 | $2,750,000 | ~$56,278 | Partial |
| 2024 | $3,300,000 | — | — | −$33,000 | $3,267,000 | $— | $66,102 | Verified |
| 2023 | $1,845,420 | — | — | — | $3,267,000 ! | $— | $49,273 | Verified |
| 2022 | $1,820,236 | — | — | −$77,836 | $1,742,400 | $— | $36,446 | Verified |
| 2021 | $1,955,000 | — | — | −$212,600 | $1,742,400 | $— | $39,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +21.4% | +21.4% | ~100% | Not available | Partial |
| 2025 | -17.6% | -17.6% | ~100% | Not available | Partial |
| 2024 | +1.1% | +1.1% | ~100% | 1.9800% | Verified |
| 2023 | +78.8% ! | +78.8% | ~100% | 1.4900% | Verified |
| 2022 | +1.4% | +1.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.4% | +15.6% | +5.1% | +78.8% | 2024 | -16.7% | 2025 |
| Assessment Ratio | 100.0% | 110.1% | — | 177.0% | 2023 | 89.1% | 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 |
$56,278 | $49,544 | ~$69,529 | $66,102 | 2024 | $36,446 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,994,878 | ~$2,994,878 | ~2.0139% | ~$60,315 | +8.9% |
| 2027 | ~$3,261,562 | ~$3,261,562 | ~1.9814% | ~$64,624 | +18.6% |
| 2028 | ~$3,551,993 | ~$3,551,993 | ~1.9488% | ~$69,223 | +29.2% |
| 2029 | ~$3,868,286 | ~$3,868,286 | ~1.9163% | ~$74,128 | +40.7% |
| 2030 | ~$4,212,744 | ~$4,212,744 | ~1.8837% | ~$79,357 | +53.2% |
| 2026 | ~$2,939,878 | ~$2,939,878 | ~2.0465% | ~$60,164 | +6.9% |
| 2027 | ~$3,142,867 | ~$3,142,867 | ~2.0465% | ~$64,318 | +14.3% |
| 2028 | ~$3,359,871 | ~$3,359,871 | ~2.0465% | ~$68,759 | +22.2% |
| 2029 | ~$3,591,859 | ~$3,591,859 | ~2.0465% | ~$73,507 | +30.6% |
| 2030 | ~$3,839,865 | ~$3,839,865 | ~2.0465% | ~$78,582 | +39.6% |
| 2026 | ~$3,049,878 | ~$3,025,000 | ~1.9977% | ~$60,429 | +10.9% |
| 2027 | ~$3,382,457 | ~$3,327,500 | ~1.9488% | ~$64,848 | +23.0% |
| 2028 | ~$3,751,303 | ~$3,660,250 | ~1.9000% | ~$69,545 | +36.4% |
| 2029 | ~$4,160,370 | ~$4,026,275 | ~1.8512% | ~$74,534 | +51.3% |
| 2030 | ~$4,614,044 | ~$4,428,903 | ~1.8024% | ~$79,825 | +67.8% |
In 2025, this property's market value of $2,750,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +94% above 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 | $2,750,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,300,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,845,420 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,820,236 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,955,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.