2522 E 7 ST TX 78702
| Owner | MAR GROUP LLC |
|---|---|
| Parcel ID | 0203110520 |
| Short ID | 191196 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,213 SF |
| Land SF | 10,267 SF |
| Acres | 0.236 |
| Year Built | 1950 |
| Legal | N 67.73 FT OF LOT 21 & N 78.59FT OF LOT 21 OLT 22 DIV A SIMMS PAUL O |
| Neighborhood | 32CEN |
| Land | $821,323 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $821,323 |
| Improvement | $50,537 |
|---|---|
| Total Improvement | $50,537 |
| Market | $871,860 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $871,860 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $871,860 |
| Taxable Value | $871,860 |
|---|
Appreciation: Market value has risen +95.2% from $446,709 (2021) to $871,860 (2025), a CAGR of 18.2% 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 $17,842. 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 94% of market value ($821,323 land vs $50,537 improvements), about $80/SF of land. With value concentrated in the land under a ~76-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 $871,860, 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 +18.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,011,288 by 2030, with an estimated annual tax burden around $26,450. 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 | 7,600 SF | ✗ |
| 1ST | 1st Floor | 3,213 SF | ✓ |
| 501 | CANOPY | 150 SF | ✗ |
| 591 | MASONRY TRIM SF | 100 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% | $8,066.45 | $8,066.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,568.69 | $4,568.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,276.84 | $3,276.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,029.00 | $1,029.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $901.50 | $901.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $17,842.48 | $17,842.48 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $778,834 | $871,860 | -10.7% |
| Assessed Value | $778,834 | $871,860 | -10.7% |
| Land Value | $821,323 | $821,323 | +0.0% |
| Improvement Value | — | $50,537 | — |
| Taxable Value | $778,834 | $871,860 | -10.7% |
| Total Tax 2026 = estimate |
~$15,939
Estimated
|
~$17,842
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $876,027 | $778,834 | -97,193 (-11.1%) |
| Taxable Value | $876,027 | $778,834 | -97,193 (-11.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $778,834 | $821,323 | — | — | $778,834 | $778,834 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $871,860 | $821,323 | $50,537 | — | $871,860 | $871,860 | ~$17,842 | Partial |
| 2024 | $557,000 | — | — | −$246,211 | $310,789 | $— | $16,350 | Verified |
| 2023 | $557,000 | — | — | −$46,477 | $510,523 | $— | $10,078 | Verified |
| 2022 | $494,000 | — | — | — | $510,523 ! | $— | $11,000 | Verified |
| 2021 | $446,709 | — | — | −$1 | $446,708 | $— | $10,753 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.5% | +0.5% | ~100% | Not available | Partial |
| 2025 | +5.7% | +5.7% | ~100% | Not available | Partial |
| 2024 | +36.2% | +36.2% | ~100% | 1.9800% | Verified |
| 2023 | +0.8% | +0.8% | ~100% | 1.6600% | Verified |
| 2022 | +16.8% | +16.8% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 2.4100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +69.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -10.7% | +13.8% | +21.0% | +56.5% | 2025 | -10.7% | 2026 |
| Assessment Ratio | 100.0% | 91.8% | — | 103.3% | 2022 | 55.8% | 2024 |
| 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 |
$17,842 | $13,205 | ~$22,749 | $17,842 | 2025 | $10,078 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,030,510 | ~$959,046 | ~2.0139% | ~$19,315 | +18.2% |
| 2027 | ~$1,218,029 | ~$1,054,951 | ~1.9814% | ~$20,903 | +39.7% |
| 2028 | ~$1,439,671 | ~$1,160,446 | ~1.9488% | ~$22,615 | +65.1% |
| 2029 | ~$1,701,644 | ~$1,276,490 | ~1.9163% | ~$24,461 | +95.2% |
| 2030 | ~$2,011,288 | ~$1,404,139 | ~1.8837% | ~$26,450 | +130.7% |
| 2026 | ~$1,013,073 | ~$959,046 | ~2.0465% | ~$19,627 | +16.2% |
| 2027 | ~$1,177,158 | ~$1,054,951 | ~2.0465% | ~$21,589 | +35.0% |
| 2028 | ~$1,367,819 | ~$1,160,446 | ~2.0465% | ~$23,748 | +56.9% |
| 2029 | ~$1,589,361 | ~$1,276,490 | ~2.0465% | ~$26,123 | +82.3% |
| 2030 | ~$1,846,786 | ~$1,404,139 | ~2.0465% | ~$28,735 | +111.8% |
| 2026 | ~$1,047,947 | ~$959,046 | ~1.9977% | ~$19,158 | +20.2% |
| 2027 | ~$1,259,599 | ~$1,054,951 | ~1.9488% | ~$20,559 | +44.5% |
| 2028 | ~$1,513,996 | ~$1,160,446 | ~1.9000% | ~$22,049 | +73.7% |
| 2029 | ~$1,819,774 | ~$1,276,490 | ~1.8512% | ~$23,630 | +108.7% |
| 2030 | ~$2,187,310 | ~$1,404,139 | ~1.8024% | ~$25,308 | +150.9% |
In 2025, this property's market value of $871,860 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -38% 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 | $871,860 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $557,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $557,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $494,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $446,709 | $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.