1605 E 7 ST TX
| Owner | 4111 BRAZOS ATX LLC |
|---|---|
| Parcel ID | 0204080504 |
| Short ID | 191961 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,186 SF |
| Land SF | 6,400 SF |
| Acres | 0.147 |
| Year Built | 1920 |
| Legal | LOT 22 OLT 5 DIV A MCFALLS J K P SUBD |
| Neighborhood | 59EAS |
| Land | $960,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $960,000 |
| Improvement | $210,000 |
|---|---|
| Total Improvement | $210,000 |
| Market | $1,170,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,170,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,170,000 |
| Taxable Value | $1,170,000 |
|---|
Appreciation: Market value has risen +8.5% from $1,078,758 (2021) to $1,170,000 (2025), a CAGR of 2.1% over 4 years. Growth has been relatively flat for this asset class. 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 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 $23,944. 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 82% of market value ($960,000 land vs $210,000 improvements), about $150/SF of land. With value concentrated in the land under a ~106-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 $1,170,000, 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 +2.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,294,980 by 2030, with an estimated annual tax burden around $24,394. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,514 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,514 SF | ✗ |
| 2ND | 2nd Floor | 672 SF | ✓ |
| 327 | STORAGE COMM'L | 624 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 171 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% | $10,824.84 | $10,824.84 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,131.00 | $6,131.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,397.39 | $4,397.39 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,380.87 | $1,380.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,209.78 | $1,209.78 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,943.88 | $23,943.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,195,408 | $1,170,000 | +2.2% |
| Assessed Value | $1,195,408 | $1,170,000 | +2.2% |
| Land Value | $960,000 | $960,000 | +0.0% |
| Improvement Value | $235,408 | $210,000 | +12.1% |
| Taxable Value | $1,195,408 | $1,170,000 | +2.2% |
| Total Tax 2026 = estimate |
~$24,464
Estimated
|
~$23,944
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,429,448 | $1,195,408 | -234,040 (-16.4%) |
| Taxable Value | $1,404,000 | $1,195,408 | -208,592 (-14.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,195,408 | $960,000 | $235,408 | — | $1,195,408 | $1,195,408 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,170,000 | $960,000 | $210,000 | — | $1,170,000 | $1,170,000 | ~$23,944 | Partial |
| 2024 | $1,109,564 | — | — | −$149,564 | $960,000 | $— | $23,187 | Verified |
| 2023 | $1,047,034 | — | — | −$87,034 | $960,000 | $— | $20,075 | Verified |
| 2022 | $1,045,996 | — | — | −$245,996 | $800,000 | $— | $20,678 | Verified |
| 2021 | $1,078,758 | — | — | −$342,758 | $736,000 | $— | $22,768 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +22.2% | +20.0% | 98.2% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -6.0% | -6.0% | ~100% | 1.9800% | Verified |
| 2023 | +11.8% | +11.8% | ~100% | 1.6100% | Verified |
| 2022 | +6.5% | +6.5% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.2% | +2.1% | +1.6% | +6.0% | 2024 | -3.0% | 2022 |
| Assessment Ratio | 100.0% | 87.1% | — | 100.0% | 2025 | 68.2% | 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 |
$23,944 | $22,130 | ~$24,227 | $23,944 | 2025 | $20,075 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,193,992 | ~$1,193,992 | ~2.0139% | ~$24,046 | +2.1% |
| 2027 | ~$1,218,475 | ~$1,218,475 | ~1.9814% | ~$24,143 | +4.1% |
| 2028 | ~$1,243,461 | ~$1,243,461 | ~1.9488% | ~$24,233 | +6.3% |
| 2029 | ~$1,268,959 | ~$1,268,959 | ~1.9163% | ~$24,317 | +8.5% |
| 2030 | ~$1,294,980 | ~$1,294,980 | ~1.8837% | ~$24,394 | +10.7% |
| 2026 | ~$1,170,592 | ~$1,170,592 | ~2.0465% | ~$23,956 | +0.1% |
| 2027 | ~$1,171,184 | ~$1,171,184 | ~2.0465% | ~$23,968 | +0.1% |
| 2028 | ~$1,171,776 | ~$1,171,776 | ~2.0465% | ~$23,980 | +0.2% |
| 2029 | ~$1,172,369 | ~$1,172,369 | ~2.0465% | ~$23,992 | +0.2% |
| 2030 | ~$1,172,962 | ~$1,172,962 | ~2.0465% | ~$24,004 | +0.3% |
| 2026 | ~$1,217,392 | ~$1,217,392 | ~1.9977% | ~$24,319 | +4.1% |
| 2027 | ~$1,266,703 | ~$1,266,703 | ~1.9488% | ~$24,686 | +8.3% |
| 2028 | ~$1,318,012 | ~$1,318,012 | ~1.9000% | ~$25,042 | +12.7% |
| 2029 | ~$1,371,399 | ~$1,371,399 | ~1.8512% | ~$25,387 | +17.2% |
| 2030 | ~$1,426,948 | ~$1,426,948 | ~1.8024% | ~$25,719 | +22.0% |
In 2025, this property's market value of $1,170,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -17% 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 | $1,170,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,109,564 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,047,034 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,045,996 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,078,758 | $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.