1609 E 7 ST TX 78702
| Owner | WEAVER ROBERT M & |
|---|---|
| Parcel ID | 0204080506 |
| Short ID | 191963 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,326 SF |
| Land SF | 6,400 SF |
| Acres | 0.147 |
| Year Built | 1940 |
| Legal | LOT 20 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 | $305,355 |
|---|---|
| Total Improvement | $305,355 |
| Market | $1,265,355 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,265,355 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,265,355 |
| Taxable Value | $1,265,355 |
|---|
Appreciation: Market value has risen +36.0% from $930,424 (2021) to $1,265,355 (2025), a CAGR of 8.0% over 4 years. This represents moderate, steady growth. Most of this growth came in a single year (2025→2026), 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 $25,895. 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 76% of market value ($960,000 land vs $305,355 improvements), about $150/SF of land. With value concentrated in the land under a ~86-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 $1,265,355, 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 +8.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,858,347 by 2030, with an estimated annual tax burden around $35,006. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,326 SF | ✓ |
| 031C | GARAGE DET 1ST COMM | 724 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 627 SF | ✗ |
| 041 | GARAGE ATT 1ST F | 506 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 276 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 85 SF | ✗ |
| 591 | MASONRY TRIM SF | 75 SF | ✗ |
| 251 | BATHROOM | 3 SF | ✓ |
| 531 | OBS FENCE | 1 SF | ✗ |
| 252 | BEDROOMS | 1 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% | $11,707.06 | $11,707.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,630.68 | $6,630.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,755.77 | $4,755.77 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,493.41 | $1,493.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,308.38 | $1,308.38 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,895.30 | $25,895.30 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,528,457 | $1,265,355 | +20.8% |
| Assessed Value | $1,518,426 | $1,265,355 | +20.0% |
| Land Value | $960,000 | $960,000 | +0.0% |
| Improvement Value | $568,457 | $305,355 | +86.2% |
| Taxable Value | $1,518,426 | $1,265,355 | +20.0% |
| HS Cap Loss | -$10,031 | — | |
| Total Tax 2026 = estimate |
~$31,074
Estimated
|
~$25,895
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,679,623 | $1,528,457 | -151,166 (-9.0%) |
| Taxable Value | $1,518,426 | $1,518,426 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,528,457 | $960,000 | $568,457 | −$10,031 | $1,518,426 | $1,518,426 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,265,355 | $960,000 | $305,355 | — | $1,265,355 | $1,265,355 | ~$25,895 | Partial |
| 2024 | $1,195,032 | — | — | −$235,032 | $960,000 | $— | $27,175 | Verified |
| 2023 | $995,896 | — | — | −$35,896 | $960,000 | $— | $21,621 | Verified |
| 2022 | $935,285 | — | — | −$135,285 | $800,000 | $— | $19,668 | Verified |
| 2021 | $930,424 | — | — | −$194,424 | $736,000 | $— | $20,358 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +32.7% | +20.0% | 90.4% | Not available | Partial |
| 2025 | -7.7% | -7.7% | ~100% | Not available | Partial |
| 2024 | +14.7% | +14.7% | ~100% | 1.9800% | Verified |
| 2023 | +12.8% | +12.8% | ~100% | 1.8100% | Verified |
| 2022 | +13.3% | +13.3% | ~100% | 1.8600% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.8% | +10.7% | +4.3% | +20.8% | 2026 | +0.5% | 2022 |
| Assessment Ratio | 99.3% | 90.1% | — | 100.0% | 2025 | 79.1% | 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 |
$25,895 | $22,943 | ~$31,159 | $27,175 | 2024 | $19,668 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,366,455 | ~$1,366,455 | ~2.0139% | ~$27,520 | +8.0% |
| 2027 | ~$1,475,632 | ~$1,475,632 | ~1.9814% | ~$29,238 | +16.6% |
| 2028 | ~$1,593,533 | ~$1,593,533 | ~1.9488% | ~$31,055 | +25.9% |
| 2029 | ~$1,720,853 | ~$1,720,853 | ~1.9163% | ~$32,977 | +36.0% |
| 2030 | ~$1,858,347 | ~$1,858,347 | ~1.8837% | ~$35,006 | +46.9% |
| 2026 | ~$1,341,148 | ~$1,341,148 | ~2.0465% | ~$27,446 | +6.0% |
| 2027 | ~$1,421,480 | ~$1,421,480 | ~2.0465% | ~$29,090 | +12.3% |
| 2028 | ~$1,506,624 | ~$1,506,624 | ~2.0465% | ~$30,833 | +19.1% |
| 2029 | ~$1,596,869 | ~$1,596,869 | ~2.0465% | ~$32,680 | +26.2% |
| 2030 | ~$1,692,519 | ~$1,692,519 | ~2.0465% | ~$34,637 | +33.8% |
| 2026 | ~$1,391,762 | ~$1,391,762 | ~1.9977% | ~$27,803 | +10.0% |
| 2027 | ~$1,530,797 | ~$1,530,797 | ~1.9488% | ~$29,833 | +21.0% |
| 2028 | ~$1,683,721 | ~$1,683,721 | ~1.9000% | ~$31,991 | +33.1% |
| 2029 | ~$1,851,921 | ~$1,851,921 | ~1.8512% | ~$34,283 | +46.4% |
| 2030 | ~$2,036,925 | ~$2,036,925 | ~1.8024% | ~$36,713 | +61.0% |
In 2025, this property's market value of $1,265,355 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -11% 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 | $1,265,355 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,195,032 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $995,896 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $935,285 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $930,424 | $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.