1210 E 7 ST TX 78702
| Owner | 7 ON 7TH LLC |
|---|---|
| Parcel ID | 0205070216 |
| Short ID | 837026 |
| Type | Real |
| Use Code | 34 Hotel — Full Service |
| Valuation | Income |
| Improvement SF | 17,282 SF |
| Land SF | 6,340 SF |
| Acres | 0.146 |
| Year Built | 2025 |
| Legal | LOT 2-3 BLK A HOFFMANN RESUB |
| Neighborhood | 1EC2 |
| Land | $1,109,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,109,500 |
| Improvement | $2,000,357 |
|---|---|
| Total Improvement | $2,000,357 |
| Market | $3,109,857 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,109,857 |
| Value Limitation Adjustment (−) (homestead cap) | −$292,292 |
| Net Appraised (assessed) | $2,817,565 |
| Taxable Value | $2,817,565 |
|---|
Appreciation: Market value has risen +308.8% from $760,800 (2021) to $3,109,857 (2025), a CAGR of 42.2% over 4 years. This is strong appreciation — well above typical inflation. 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 Land/Vacant parcel countywide rose +487.2%, so this parcel has lagged the broader land/vacant 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 $57,661. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,817,565) is $292,292 below market value, suggesting potential for an upward assessment in future years.
Asset Class: Land / Vacant. 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 36% of market value ($1,109,500 land vs $2,000,357 improvements), about $175/SF of land. Most value sits in the improvements, so building condition, age (~1 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,109,857, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +42.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,074,980 by 2030, with an estimated annual tax burden around $85,479. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 17,282 SF | ✓ |
Market value changed by 167% 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% | $26,068.11 | $26,068.11 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,764.52 | $14,764.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,589.68 | $10,589.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,325.37 | $3,325.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,913.36 | $2,913.36 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $57,661.04 | $57,661.04 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $4,806,984 | $3,109,857 | +54.6% |
| Assessed Value | $4,806,984 | $2,817,565 | +70.6% |
| Land Value | $1,109,500 | $1,109,500 | +0.0% |
| Improvement Value | $3,697,484 | $2,000,357 | +84.8% |
| Taxable Value | $4,806,984 | $2,817,565 | +70.6% |
| Total Tax 2026 = estimate |
~$98,374
Estimated
|
~$57,661
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,806,984 | $4,806,984 | +0 (+0.0%) |
| Taxable Value | $4,806,984 | $4,806,984 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $4,806,984 | $1,109,500 | $3,697,484 | — | $4,806,984 | $4,806,984 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,109,857 | $1,109,500 | $2,000,357 | −$292,292 | $2,817,565 | $2,817,565 | ~$57,661 | Partial |
| 2024 | $2,116,204 | — | — | — | — | $— | $46,532 | Verified |
| 2023 | $— | — | — | — | — | $— | $38,287 | Verified |
| 2022 | $— | — | — | — | $792,500 | $— | $15,651 | Verified |
| 2021 | $760,800 | — | — | — | $760,800 | $— | $16,560 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +54.6% | +70.6% | ~100% | Not available | Partial |
| 2025 | +32.4% | +20.0% | 90.6% | Not available | Partial |
| 2024 | +11.0% | +11.0% | ~100% | 1.9800% | Verified |
| 2023 | +167.0% ! | +167.0% | ~100% | 1.8100% | Verified |
| 2022 | +4.2% | +4.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +308.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +54.6% | +93.3% | +32.1% | +178.2% | 2024 | +47.0% | 2025 |
| Assessment Ratio | 100.0% | 96.9% | — | 100.0% | 2021 | 90.6% | 2025 |
| Effective Tax Rate (2025) | 1.8500% | 1.8500% | — | 1.8500% | 2025 | 1.8500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$57,661 | $40,251 | ~$73,517 | $57,661 | 2025 | $16,560 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,421,890 | ~$3,099,322 | ~2.0139% | ~$62,418 | +42.2% |
| 2027 | ~$6,287,462 | ~$3,409,254 | ~1.9814% | ~$67,551 | +102.2% |
| 2028 | ~$8,940,110 | ~$3,750,179 | ~1.9488% | ~$73,085 | +187.5% |
| 2029 | ~$12,711,896 | ~$4,125,197 | ~1.9163% | ~$79,051 | +308.8% |
| 2030 | ~$18,074,980 | ~$4,537,717 | ~1.8837% | ~$85,479 | +481.2% |
| 2026 | ~$4,359,692 | ~$3,099,322 | ~2.0465% | ~$63,427 | +40.2% |
| 2027 | ~$6,111,830 | ~$3,409,254 | ~2.0465% | ~$69,770 | +96.5% |
| 2028 | ~$8,568,144 | ~$3,750,179 | ~2.0465% | ~$76,747 | +175.5% |
| 2029 | ~$12,011,636 | ~$4,125,197 | ~2.0465% | ~$84,422 | +286.2% |
| 2030 | ~$16,839,051 | ~$4,537,717 | ~2.0465% | ~$92,864 | +441.5% |
| 2026 | ~$4,484,087 | ~$3,099,322 | ~1.9977% | ~$61,914 | +44.2% |
| 2027 | ~$6,465,582 | ~$3,409,254 | ~1.9488% | ~$66,441 | +107.9% |
| 2028 | ~$9,322,689 | ~$3,750,179 | ~1.9000% | ~$71,254 | +199.8% |
| 2029 | ~$13,442,337 | ~$4,125,197 | ~1.8512% | ~$76,365 | +332.2% |
| 2030 | ~$19,382,436 | ~$4,537,717 | ~1.8024% | ~$81,787 | +523.3% |
In 2025, this property's market value of $3,109,857 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 37× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $3,109,857 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $2,116,204 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $760,800 | $6,000 | $14,480 | $80,000 | ↑ 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.