1620 E 7 ST TX 78702
| Owner | UPSIDE VENTURES LLC |
|---|---|
| Parcel ID | 0205081707 |
| Short ID | 193249 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 2,110 SF |
| Land SF | 6,210 SF |
| Acres | 0.143 |
| Year Built | 1960 |
| Legal | LOT 4 BLK 2 OLT 6 *RESUB DIVISION B |
| Neighborhood | 59EAS |
| Land | $931,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $931,500 |
| Improvement | $203,500 |
|---|---|
| Total Improvement | $203,500 |
| Market | $1,135,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,135,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,135,000 |
| Taxable Value | $1,135,000 |
|---|
Appreciation: Market value has risen +21.7% from $932,400 (2021) to $1,135,000 (2025), a CAGR of 5.0% 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 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 $23,228. 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 ($931,500 land vs $203,500 improvements), about $150/SF of land. With value concentrated in the land under a ~66-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 $1,135,000, 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 +5.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,451,235 by 2030, with an estimated annual tax burden around $27,338. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 3,000 SF | ✗ |
| 1ST | 1st Floor | 2,110 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,483 SF | ✗ |
| 093 | HVAC COMMRCL SF | 627 SF | ✗ |
| 611 | TERRACE | 554 SF | ✗ |
| 327 | STORAGE COMM'L | 448 SF | ✓ |
| 511 | DECK | 264 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 42 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% | $10,501.02 | $10,501.02 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,947.59 | $5,947.59 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,265.84 | $4,265.84 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,339.56 | $1,339.56 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,173.59 | $1,173.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $23,227.60 | $23,227.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,320,759 | $1,135,000 | +16.4% |
| Assessed Value | $1,320,759 | $1,135,000 | +16.4% |
| Land Value | $931,500 | $931,500 | +0.0% |
| Improvement Value | $389,259 | $203,500 | +91.3% |
| Taxable Value | $1,320,759 | $1,135,000 | +16.4% |
| Total Tax 2026 = estimate |
~$27,029
Estimated
|
~$23,228
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,451,384 | $1,320,759 | -130,625 (-9.0%) |
| Taxable Value | $1,362,000 | $1,320,759 | -41,241 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,320,759 | $931,500 | $389,259 | — | $1,320,759 | $1,320,759 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,135,000 | $931,500 | $203,500 | — | $1,135,000 | $1,135,000 | ~$23,228 | Partial |
| 2024 | $1,135,500 | — | — | −$204,000 | $931,500 | $— | $22,530 | Verified |
| 2023 | $1,125,006 | — | — | −$348,756 | $776,250 | $— | $20,535 | Verified |
| 2022 | $1,094,874 | — | — | −$318,624 | $776,250 | $— | $22,218 | Verified |
| 2021 | $932,400 | — | — | −$218,250 | $714,150 | $— | $23,832 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +27.9% | +20.0% | 93.8% | Not available | Partial |
| 2025 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2024 | +1.2% | +1.2% | ~100% | 1.9200% | Verified |
| 2023 | +2.8% | +2.8% | ~100% | 1.7800% | Verified |
| 2022 | +2.8% | +2.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +16.4% | +7.5% | +2.1% | +17.4% | 2022 | +-0.0% | 2025 |
| Assessment Ratio | 100.0% | 83.1% | — | 100.0% | 2025 | 69.0% | 2023 |
| 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 |
$23,228 | $22,469 | ~$25,654 | $23,832 | 2021 | $20,535 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,192,187 | ~$1,192,187 | ~2.0139% | ~$24,010 | +5.0% |
| 2027 | ~$1,252,255 | ~$1,252,255 | ~1.9814% | ~$24,812 | +10.3% |
| 2028 | ~$1,315,349 | ~$1,315,349 | ~1.9488% | ~$25,634 | +15.9% |
| 2029 | ~$1,381,623 | ~$1,381,623 | ~1.9163% | ~$26,476 | +21.7% |
| 2030 | ~$1,451,235 | ~$1,451,235 | ~1.8837% | ~$27,338 | +27.9% |
| 2026 | ~$1,169,487 | ~$1,169,487 | ~2.0465% | ~$23,933 | +3.0% |
| 2027 | ~$1,205,021 | ~$1,205,021 | ~2.0465% | ~$24,661 | +6.2% |
| 2028 | ~$1,241,635 | ~$1,241,635 | ~2.0465% | ~$25,410 | +9.4% |
| 2029 | ~$1,279,362 | ~$1,279,362 | ~2.0465% | ~$26,182 | +12.7% |
| 2030 | ~$1,318,235 | ~$1,318,235 | ~2.0465% | ~$26,977 | +16.1% |
| 2026 | ~$1,214,887 | ~$1,214,887 | ~1.9977% | ~$24,269 | +7.0% |
| 2027 | ~$1,300,396 | ~$1,300,396 | ~1.9488% | ~$25,343 | +14.6% |
| 2028 | ~$1,391,924 | ~$1,391,924 | ~1.9000% | ~$26,447 | +22.6% |
| 2029 | ~$1,489,894 | ~$1,489,894 | ~1.8512% | ~$27,581 | +31.3% |
| 2030 | ~$1,594,760 | ~$1,594,760 | ~1.8024% | ~$28,743 | +40.5% |
In 2025, this property's market value of $1,135,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -20% 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 | $1,135,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,135,500 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,125,006 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,094,874 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $932,400 | $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.