2500 E 7 ST TX 78702
| Owner | 2500 E 7TH ST LLC |
|---|---|
| Parcel ID | 0203110529 |
| Short ID | 191201 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,464 SF |
| Land SF | 11,916 SF |
| Acres | 0.274 |
| Year Built | 1967 |
| Legal | LOT 15-16 OLT 22 DIV A SIMMS PAUL O PLUS ADJ VAC STREET |
| Neighborhood | 48CEN |
| Land | $1,072,440 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,072,440 |
| Improvement | $127,560 |
|---|---|
| Total Improvement | $127,560 |
| Market | $1,200,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,200,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,200,000 |
| Taxable Value | $1,200,000 |
|---|
Appreciation: Market value has risen +18.0% from $1,016,552 (2021) to $1,200,000 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $24,558. 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 89% of market value ($1,072,440 land vs $127,560 improvements), about $90/SF of land. With value concentrated in the land under a ~59-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 $1,200,000, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,476,542 by 2030, with an estimated annual tax burden around $27,814. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,578 SF | ✗ |
| 402 | CARWASH SELF-SERVE | 1,584 SF | ✓ |
| 1ST | 1st Floor | 1,464 SF | ✓ |
| 501 | CANOPY | 960 SF | ✗ |
| 541 | FENCE COMM LF | 150 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% | $11,102.40 | $11,102.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,288.20 | $6,288.20 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,510.14 | $4,510.14 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,416.28 | $1,416.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,240.80 | $1,240.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $24,557.82 | $24,557.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,200,000 | $1,200,000 | +0.0% |
| Assessed Value | $1,200,000 | $1,200,000 | +0.0% |
| Land Value | $1,072,440 | $1,072,440 | +0.0% |
| Improvement Value | $127,560 | $127,560 | +0.0% |
| Taxable Value | $1,200,000 | $1,200,000 | +0.0% |
| Total Tax 2026 = estimate |
~$24,558
Estimated
|
~$24,558
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,259,204 | $1,200,000 | -59,204 (-4.7%) |
| Taxable Value | $1,259,204 | $1,200,000 | -59,204 (-4.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,200,000 | $1,072,440 | $127,560 | — | $1,200,000 | $1,200,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,200,000 | $1,072,440 | $127,560 | — | $1,200,000 | $1,200,000 | ~$24,558 | Partial |
| 2024 | $1,150,000 | — | — | −$77,560 | $1,072,440 | $— | $23,782 | Verified |
| 2023 | $1,057,880 | — | — | — | $1,072,440 ! | $— | $20,806 | Verified |
| 2022 | $1,018,391 | — | — | −$65,111 | $953,280 | $— | $20,892 | Verified |
| 2021 | $1,016,552 | — | — | −$122,852 | $893,700 | $— | $22,167 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +4.3% | +4.3% | ~100% | 1.9800% | Verified |
| 2023 | +6.1% | +6.1% | ~100% | 1.8100% | Verified |
| 2022 | +6.4% | +6.4% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +3.4% | +4.2% | +8.7% | 2024 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 96.0% | — | 101.4% | 2023 | 87.9% | 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 |
$24,558 | $22,441 | ~$26,494 | $24,558 | 2025 | $20,806 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,250,818 | ~$1,250,818 | ~2.0139% | ~$25,191 | +4.2% |
| 2027 | ~$1,303,788 | ~$1,303,788 | ~1.9814% | ~$25,833 | +8.6% |
| 2028 | ~$1,359,002 | ~$1,359,002 | ~1.9488% | ~$26,485 | +13.3% |
| 2029 | ~$1,416,553 | ~$1,416,553 | ~1.9163% | ~$27,145 | +18.0% |
| 2030 | ~$1,476,542 | ~$1,476,542 | ~1.8837% | ~$27,814 | +23.0% |
| 2026 | ~$1,226,818 | ~$1,226,818 | ~2.0465% | ~$25,107 | +2.2% |
| 2027 | ~$1,254,236 | ~$1,254,236 | ~2.0465% | ~$25,668 | +4.5% |
| 2028 | ~$1,282,266 | ~$1,282,266 | ~2.0465% | ~$26,241 | +6.9% |
| 2029 | ~$1,310,922 | ~$1,310,922 | ~2.0465% | ~$26,828 | +9.2% |
| 2030 | ~$1,340,219 | ~$1,340,219 | ~2.0465% | ~$27,427 | +11.7% |
| 2026 | ~$1,274,818 | ~$1,274,818 | ~1.9977% | ~$25,467 | +6.2% |
| 2027 | ~$1,354,301 | ~$1,354,301 | ~1.9488% | ~$26,393 | +12.9% |
| 2028 | ~$1,438,740 | ~$1,438,740 | ~1.9000% | ~$27,336 | +19.9% |
| 2029 | ~$1,528,443 | ~$1,528,443 | ~1.8512% | ~$28,294 | +27.4% |
| 2030 | ~$1,623,739 | ~$1,623,739 | ~1.8024% | ~$29,266 | +35.3% |
In 2025, this property's market value of $1,200,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -15% 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 | $1,200,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,150,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,057,880 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,018,391 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,016,552 | $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.