2727 E 7 ST TX 78701
| Owner | GOVALLE CENTER LLC |
|---|---|
| Parcel ID | 0203110807 |
| Short ID | 191210 |
| Type | Real |
| Use Code | 42 Neighborhood Shopping Center |
| Valuation | Income |
| Improvement SF | 34,088 SF |
| Land SF | 107,898 SF |
| Acres | 2.477 |
| Year Built | 1963 |
| Legal | LOT 2 BLK A HEB/AUSTIN NO 1 SUBD |
| Neighborhood | 42CEN |
| Land | $8,631,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $8,631,840 |
| Improvement | $356,972 |
|---|---|
| Total Improvement | $356,972 |
| Market | $8,988,812 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,988,812 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,988,812 |
| Taxable Value | $8,988,812 |
|---|
Appreciation: Market value has risen +50.4% from $5,975,933 (2021) to $8,988,812 (2025), a CAGR of 10.7% 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 $183,955. 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 96% of market value ($8,631,840 land vs $356,972 improvements), about $80/SF of land. With value concentrated in the land under a ~63-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 $8,988,812, 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 +10.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,973,489 by 2030, with an estimated annual tax burden around $272,701. 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 | 57,760 SF | ✗ |
| 1ST | 1st Floor | 34,088 SF | ✓ |
| 501 | CANOPY | 4,184 SF | ✗ |
| 611 | TERRACE | 4,184 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% | $83,164.49 | $83,164.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,102.90 | $47,102.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,784.00 | $33,784.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,608.87 | $10,608.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,294.43 | $9,294.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $183,954.69 | $183,954.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $9,009,810 | $8,988,812 | +0.2% |
| Assessed Value | $9,009,810 | $8,988,812 | +0.2% |
| Land Value | $8,631,840 | $8,631,840 | +0.0% |
| Improvement Value | $377,970 | $356,972 | +5.9% |
| Taxable Value | $9,009,810 | $8,988,812 | +0.2% |
| Total Tax 2026 = estimate |
~$184,384
Estimated
|
~$183,955
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $9,009,810 | $9,009,810 | +0 (+0.0%) |
| Taxable Value | $9,009,810 | $9,009,810 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $9,009,810 | $8,631,840 | $377,970 | — | $9,009,810 | $9,009,810 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,988,812 | $8,631,840 | $356,972 | — | $8,988,812 | $8,988,812 | ~$183,955 | Partial |
| 2024 | $8,921,555 | — | — | −$289,715 | $8,631,840 | $— | $178,089 | Verified |
| 2023 | $6,462,860 | — | — | — | $8,631,840 ! | $— | $161,413 | Verified |
| 2022 | $6,462,792 | — | — | −$528,402 | $5,934,390 | $— | $127,636 | Verified |
| 2021 | $5,975,933 | — | — | −$41,543 | $5,934,390 | $— | $140,674 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +0.7% | +0.7% | ~100% | 1.9800% | Verified |
| 2023 | +38.0% | +38.0% | ~100% | 1.8100% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +39.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +9.4% | +10.7% | +38.0% | 2024 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 103.6% | — | 133.6% | 2023 | 91.8% | 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 |
$183,955 | $158,353 | ~$234,539 | $183,955 | 2025 | $127,636 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,954,660 | ~$9,887,693 | ~2.0139% | ~$199,132 | +10.7% |
| 2027 | ~$11,024,289 | ~$10,876,463 | ~1.9814% | ~$215,505 | +22.6% |
| 2028 | ~$12,208,849 | ~$11,964,109 | ~1.9488% | ~$233,161 | +35.8% |
| 2029 | ~$13,520,691 | ~$13,160,520 | ~1.9163% | ~$252,194 | +50.4% |
| 2030 | ~$14,973,489 | ~$14,476,572 | ~1.8837% | ~$272,701 | +66.6% |
| 2026 | ~$9,774,884 | ~$9,774,884 | ~2.0465% | ~$200,042 | +8.7% |
| 2027 | ~$10,629,698 | ~$10,629,698 | ~2.0465% | ~$217,535 | +18.3% |
| 2028 | ~$11,559,266 | ~$11,559,266 | ~2.0465% | ~$236,559 | +28.6% |
| 2029 | ~$12,570,124 | ~$12,570,124 | ~2.0465% | ~$257,246 | +39.8% |
| 2030 | ~$13,669,382 | ~$13,669,382 | ~2.0465% | ~$279,742 | +52.1% |
| 2026 | ~$10,134,436 | ~$9,887,693 | ~1.9977% | ~$197,523 | +12.7% |
| 2027 | ~$11,426,071 | ~$10,876,463 | ~1.9488% | ~$211,965 | +27.1% |
| 2028 | ~$12,882,324 | ~$11,964,109 | ~1.9000% | ~$227,320 | +43.3% |
| 2029 | ~$14,524,177 | ~$13,160,520 | ~1.8512% | ~$243,627 | +61.6% |
| 2030 | ~$16,375,284 | ~$14,476,572 | ~1.8024% | ~$260,922 | +82.2% |
In 2025, this property's market value of $8,988,812 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 | $8,988,812 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,921,555 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $6,462,860 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,462,792 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $5,975,933 | $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.