2002 E 7 ST TX 78702
| Owner | 2000 EASTLINE LLC |
|---|---|
| Parcel ID | 0205082051 |
| Short ID | 882245 |
| Type | Real |
| Use Code | 24 Commercial Space Condos |
| Valuation | Income |
| Improvement SF | 2,500 SF |
| Land SF | 2,030 SF |
| Acres | 0.047 |
| Year Built | 2018 |
| Legal | UNT COMMERCIAL UNIT 2 EASTLINE CONDOMINIUMS PLUS 4.2 % INT IN COM AREA |
| Neighborhood | 23EC01 |
| Land | $162,364 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $162,364 |
| Improvement | $1,362,227 |
|---|---|
| Total Improvement | $1,362,227 |
| Market | $1,524,591 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,524,591 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,524,591 |
| Taxable Value | $1,524,591 |
|---|
Appreciation: Market value has risen +132.8% from $654,764 (2021) to $1,524,591 (2025), a CAGR of 23.5% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $31,201. 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 11% of market value ($162,364 land vs $1,362,227 improvements), about $80/SF of land. Most value sits in the improvements, so building condition, age (~8 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,524,591, 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 +23.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,385,196 by 2030, with an estimated annual tax burden around $46,253. 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 | 2,500 SF | ✓ |
Market value changed by 77% in 2024, 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% | $14,105.52 | $14,105.52 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,989.12 | $7,989.12 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,730.10 | $5,730.10 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,799.37 | $1,799.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,576.43 | $1,576.43 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,200.54 | $31,200.54 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,504,561 | $1,524,591 | -1.3% |
| Assessed Value | $1,504,561 | $1,524,591 | -1.3% |
| Land Value | $162,364 | $162,364 | +0.0% |
| Improvement Value | $1,342,197 | $1,362,227 | -1.5% |
| Taxable Value | $1,504,561 | $1,524,591 | -1.3% |
| Total Tax 2026 = estimate |
~$30,791
Estimated
|
~$31,201
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,504,561 | $1,504,561 | +0 (+0.0%) |
| Taxable Value | $1,504,561 | $1,504,561 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,504,561 | $162,364 | $1,342,197 | — | $1,504,561 | $1,504,561 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,524,591 | $162,364 | $1,362,227 | — | $1,524,591 | $1,524,591 | ~$31,201 | Partial |
| 2024 | $1,162,066 | — | — | −$999,702 | $162,364 | $— | $27,636 | Verified |
| 2023 | $903,973 | — | — | −$741,609 | $162,364 | $— | $21,025 | Verified |
| 2022 | $757,775 | — | — | −$595,411 | $162,364 | $— | $17,853 | Verified |
| 2021 | $654,764 | — | — | −$492,400 | $162,364 | $— | $16,494 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -1.3% | -1.3% | ~100% | Not available | Partial |
| 2025 | -26.0% | +9.3% | ~100% | Not available | Partial |
| 2024 | +77.3% ! | +20.0% | 67.7% | 1.3400% | Verified |
| 2023 | +28.6% | +28.6% | ~100% | 1.8100% | Verified |
| 2022 | +19.3% | +19.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +101.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.3% | +18.7% | +23.9% | +31.2% | 2025 | -1.3% | 2026 |
| Assessment Ratio | 100.0% | 46.4% | — | 100.0% | 2025 | 14.0% | 2024 |
| 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 |
$31,201 | $22,842 | ~$39,780 | $31,201 | 2025 | $16,494 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,883,304 | ~$1,677,050 | ~2.0139% | ~$33,775 | +23.5% |
| 2027 | ~$2,326,417 | ~$1,844,755 | ~1.9814% | ~$36,552 | +52.6% |
| 2028 | ~$2,873,788 | ~$2,029,231 | ~1.9488% | ~$39,546 | +88.5% |
| 2029 | ~$3,549,947 | ~$2,232,154 | ~1.9163% | ~$42,775 | +132.8% |
| 2030 | ~$4,385,196 | ~$2,455,369 | ~1.8837% | ~$46,253 | +187.6% |
| 2026 | ~$1,852,812 | ~$1,677,050 | ~2.0465% | ~$34,321 | +21.5% |
| 2027 | ~$2,251,695 | ~$1,844,755 | ~2.0465% | ~$37,753 | +47.7% |
| 2028 | ~$2,736,451 | ~$2,029,231 | ~2.0465% | ~$41,528 | +79.5% |
| 2029 | ~$3,325,568 | ~$2,232,154 | ~2.0465% | ~$45,681 | +118.1% |
| 2030 | ~$4,041,512 | ~$2,455,369 | ~2.0465% | ~$50,249 | +165.1% |
| 2026 | ~$1,913,796 | ~$1,677,050 | ~1.9977% | ~$33,502 | +25.5% |
| 2027 | ~$2,402,359 | ~$1,844,755 | ~1.9488% | ~$35,951 | +57.6% |
| 2028 | ~$3,015,645 | ~$2,029,231 | ~1.9000% | ~$38,556 | +97.8% |
| 2029 | ~$3,785,494 | ~$2,232,154 | ~1.8512% | ~$41,322 | +148.3% |
| 2030 | ~$4,751,874 | ~$2,455,369 | ~1.8024% | ~$44,255 | +211.7% |
In 2025, this property's market value of $1,524,591 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +8% 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 | $1,524,591 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,162,066 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $903,973 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $757,775 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $654,764 | $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.