1304 E 7 ST TX 78702
| Owner | 1304 E7 JIT LLC |
|---|---|
| Parcel ID | 0205070708 |
| Short ID | 192968 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,364 SF |
| Land SF | 6,400 SF |
| Acres | 0.147 |
| Year Built | 1900 |
| Legal | LOT 3 BLK 1 OLT 4 DIV B STUART & MAIR SUBD |
| Neighborhood | 59EAS |
| Land | $1,120,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,120,000 |
| Improvement | $193,857 |
|---|---|
| Total Improvement | $193,857 |
| Market | $1,313,857 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,313,857 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,313,857 |
| Taxable Value | $1,313,857 |
|---|
Appreciation: Market value has risen +51.5% from $867,500 (2021) to $1,313,857 (2025), a CAGR of 10.9% 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 $26,888. 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 85% of market value ($1,120,000 land vs $193,857 improvements), about $175/SF of land. With value concentrated in the land under a ~126-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 $1,313,857, 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 +10.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,207,478 by 2030, with an estimated annual tax burden around $39,860. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,364 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,364 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 270 SF | ✗ |
| 251 | BATHROOM | 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% | $12,155.80 | $12,155.80 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,884.83 | $6,884.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,938.07 | $4,938.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,550.65 | $1,550.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,358.53 | $1,358.53 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,887.88 | $26,887.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,313,857 | $1,313,857 | +0.0% |
| Assessed Value | $1,313,857 | $1,313,857 | +0.0% |
| Land Value | $1,120,000 | $1,120,000 | +0.0% |
| Improvement Value | $193,857 | $193,857 | +0.0% |
| Taxable Value | $1,313,857 | $1,313,857 | +0.0% |
| Total Tax 2026 = estimate |
~$26,888
Estimated
|
~$26,888
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,463,527 | $1,313,857 | -149,670 (-10.2%) |
| Taxable Value | $1,463,527 | $1,313,857 | -149,670 (-10.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,313,857 | $1,120,000 | $193,857 | — | $1,313,857 | $1,313,857 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,313,857 | $1,120,000 | $193,857 | — | $1,313,857 | $1,313,857 | ~$26,888 | Partial |
| 2024 | $1,270,192 | — | — | −$150,192 | $1,120,000 | $— | $26,038 | Verified |
| 2023 | $944,500 | — | — | — | $1,120,000 ! | $— | $22,981 | Verified |
| 2022 | $951,620 | — | — | −$151,620 | $800,000 | $— | $18,653 | Verified |
| 2021 | $867,500 | — | — | −$99,500 | $768,000 | $— | $20,714 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.4% | +11.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -2.8% | -2.8% | ~100% | 1.9800% | Verified |
| 2023 | +43.1% | +43.1% | ~100% | 1.7000% | Verified |
| 2022 | -0.7% | -0.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.3900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +38.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +9.4% | +10.9% | +34.5% | 2024 | -0.7% | 2023 |
| Assessment Ratio | 100.0% | 96.6% | — | 118.6% | 2023 | 84.1% | 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 |
$26,888 | $23,055 | ~$34,281 | $26,888 | 2025 | $18,653 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,457,531 | ~$1,445,243 | ~2.0139% | ~$29,106 | +10.9% |
| 2027 | ~$1,616,916 | ~$1,589,767 | ~1.9814% | ~$31,499 | +23.1% |
| 2028 | ~$1,793,730 | ~$1,748,744 | ~1.9488% | ~$34,080 | +36.5% |
| 2029 | ~$1,989,879 | ~$1,923,618 | ~1.9163% | ~$36,862 | +51.5% |
| 2030 | ~$2,207,478 | ~$2,115,980 | ~1.8837% | ~$39,860 | +68.0% |
| 2026 | ~$1,431,254 | ~$1,431,254 | ~2.0465% | ~$29,290 | +8.9% |
| 2027 | ~$1,559,140 | ~$1,559,140 | ~2.0465% | ~$31,908 | +18.7% |
| 2028 | ~$1,698,454 | ~$1,698,454 | ~2.0465% | ~$34,759 | +29.3% |
| 2029 | ~$1,850,215 | ~$1,850,215 | ~2.0465% | ~$37,864 | +40.8% |
| 2030 | ~$2,015,537 | ~$2,015,537 | ~2.0465% | ~$41,248 | +53.4% |
| 2026 | ~$1,483,808 | ~$1,445,243 | ~1.9977% | ~$28,871 | +12.9% |
| 2027 | ~$1,675,743 | ~$1,589,767 | ~1.9488% | ~$30,982 | +27.5% |
| 2028 | ~$1,892,504 | ~$1,748,744 | ~1.9000% | ~$33,226 | +44.0% |
| 2029 | ~$2,137,305 | ~$1,923,618 | ~1.8512% | ~$35,610 | +62.7% |
| 2030 | ~$2,413,771 | ~$2,115,980 | ~1.8024% | ~$38,138 | +83.7% |
In 2025, this property's market value of $1,313,857 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -7% 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 | $1,313,857 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,270,192 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $944,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $951,620 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $867,500 | $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.