2205 E 7 ST TX 78702
| Owner | 2205 EAST 7TH LLC |
|---|---|
| Parcel ID | 0204100301 |
| Short ID | 192045 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,420 SF |
| Land SF | 15,209 SF |
| Acres | 0.349 |
| Year Built | 2006 |
| Legal | LOT A *RESUB OF LTS 1-3 BLK 13 OLT 23 DIV A LINCOLN PLACE |
| Neighborhood | 30CEN |
| Land | $2,281,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,281,350 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,854,755 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,854,755 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,854,755 |
| Taxable Value | $1,854,755 |
|---|
Appreciation: Market value has risen +33.7% from $1,387,617 (2021) to $1,854,755 (2025), a CAGR of 7.5% over 4 years. This represents moderate, steady growth. 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 $37,957. 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 123% of market value ($2,281,350 land vs $0 improvements), about $150/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $1,854,755, this parcel sits in the upper-middle (50th–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 +7.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,665,678 by 2030, with an estimated annual tax burden around $50,215. 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 | 8,000 SF | ✗ |
| 1ST | 1st Floor | 3,420 SF | ✓ |
| 501 | CANOPY | 532 SF | ✗ |
| 611 | TERRACE | 532 SF | ✗ |
| 482 | LIGHT POLES | 2 SF | ✓ |
Market value changed by 82% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $17,160.19 | $17,160.19 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,719.23 | $9,719.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,971.00 | $6,971.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,189.04 | $2,189.04 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,917.82 | $1,917.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,957.28 | $37,957.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,854,755 | $1,854,755 | +0.0% |
| Assessed Value | $1,854,755 | $1,854,755 | +0.0% |
| Land Value | $2,281,350 | $2,281,350 | +0.0% |
| Improvement Value | — | — | — |
| Taxable Value | $1,854,755 | $1,854,755 | +0.0% |
| Total Tax 2026 = estimate |
~$37,957
Estimated
|
~$37,957
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,340,774 | $1,854,755 | -486,019 (-20.8%) |
| Taxable Value | $2,225,706 | $1,854,755 | -370,951 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,854,755 | $2,281,350 | — | — | $1,854,755 | $1,854,755 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,854,755 | $2,281,350 | — | — | $1,854,755 | $1,854,755 | ~$37,957 | Partial |
| 2024 | $1,854,755 | — | — | — | $1,854,755 | $— | $36,758 | Verified |
| 2023 | $1,315,100 | — | — | — | $1,854,755 ! | $— | $33,557 | Verified |
| 2022 | $1,264,960 | — | — | −$48,240 | $1,216,720 | $— | $25,972 | Verified |
| 2021 | $1,387,617 | — | — | −$170,897 | $1,216,720 | $— | $27,534 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.2% | +20.0% | 95.1% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -22.5% | -22.5% | ~100% | 1.9800% | Verified |
| 2023 | +82.1% ! | +82.1% | ~100% | 1.4000% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.2% | +7.5% | +41.0% | 2024 | -8.8% | 2022 |
| Assessment Ratio | 100.0% | 104.1% | — | 141.0% | 2023 | 87.7% | 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 |
$37,957 | $32,356 | ~$45,062 | $37,957 | 2025 | $25,972 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,994,301 | ~$1,994,301 | ~2.0139% | ~$40,164 | +7.5% |
| 2027 | ~$2,144,347 | ~$2,144,347 | ~1.9814% | ~$42,488 | +15.6% |
| 2028 | ~$2,305,681 | ~$2,305,681 | ~1.9488% | ~$44,934 | +24.3% |
| 2029 | ~$2,479,154 | ~$2,479,154 | ~1.9163% | ~$47,508 | +33.7% |
| 2030 | ~$2,665,678 | ~$2,665,678 | ~1.8837% | ~$50,215 | +43.7% |
| 2026 | ~$1,957,206 | ~$1,957,206 | ~2.0465% | ~$40,054 | +5.5% |
| 2027 | ~$2,065,317 | ~$2,065,317 | ~2.0465% | ~$42,266 | +11.4% |
| 2028 | ~$2,179,399 | ~$2,179,399 | ~2.0465% | ~$44,601 | +17.5% |
| 2029 | ~$2,299,782 | ~$2,299,782 | ~2.0465% | ~$47,065 | +24.0% |
| 2030 | ~$2,426,816 | ~$2,426,816 | ~2.0465% | ~$49,664 | +30.8% |
| 2026 | ~$2,031,396 | ~$2,031,396 | ~1.9977% | ~$40,580 | +9.5% |
| 2027 | ~$2,224,861 | ~$2,224,861 | ~1.9488% | ~$43,359 | +20.0% |
| 2028 | ~$2,436,750 | ~$2,436,750 | ~1.9000% | ~$46,299 | +31.4% |
| 2029 | ~$2,668,819 | ~$2,668,819 | ~1.8512% | ~$49,405 | +43.9% |
| 2030 | ~$2,922,989 | ~$2,922,989 | ~1.8024% | ~$52,683 | +57.6% |
In 2025, this property's market value of $1,854,755 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +31% above 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 | $1,854,755 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,854,755 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,315,100 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,264,960 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,387,617 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above 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.