2134 E 7 ST TX 78702
| Owner | DEATH & TAXES 512 LP |
|---|---|
| Parcel ID | 0205101515 |
| Short ID | 193518 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 3,220 SF |
| Land SF | 11,951 SF |
| Acres | 0.274 |
| Year Built | 1968 |
| Legal | 92X129.9FT OLT 9 DIVISION B |
| Neighborhood | 32CEN |
| Land | $1,792,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,792,650 |
| Improvement | $63,972 |
|---|---|
| Total Improvement | $63,972 |
| Market | $1,856,622 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,856,622 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,856,622 |
| Taxable Value | $1,856,622 |
|---|
Appreciation: Market value has risen +38.8% from $1,337,500 (2021) to $1,856,622 (2025), a CAGR of 8.5% 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 $37,995. 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 97% of market value ($1,792,650 land vs $63,972 improvements), about $150/SF of land. With value concentrated in the land under a ~58-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 $1,856,622, 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 +8.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,797,439 by 2030, with an estimated annual tax burden around $52,697. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,220 SF | ✓ |
| 611 | TERRACE | 1,364 SF | ✗ |
| 551 | PAVED AREA | 1,000 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% | $17,177.47 | $17,177.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,729.01 | $9,729.01 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,978.02 | $6,978.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,191.24 | $2,191.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,919.75 | $1,919.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,995.49 | $37,995.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,860,564 | $1,856,622 | +0.2% |
| Assessed Value | $1,860,564 | $1,856,622 | +0.2% |
| Land Value | $1,792,650 | $1,792,650 | +0.0% |
| Improvement Value | $67,914 | $63,972 | +6.2% |
| Taxable Value | $1,860,564 | $1,856,622 | +0.2% |
| Total Tax 2026 = estimate |
~$38,076
Estimated
|
~$37,995
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,860,564 | $1,860,564 | +0 (+0.0%) |
| Taxable Value | $1,860,564 | $1,860,564 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,860,564 | $1,792,650 | $67,914 | — | $1,860,564 | $1,860,564 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,856,622 | $1,792,650 | $63,972 | — | $1,856,622 | $1,856,622 | ~$37,995 | Partial |
| 2024 | $1,600,000 | — | — | — | $1,792,650 ! | $— | $38,041 | Verified |
| 2023 | $1,234,296 | — | — | — | $1,600,000 ! | $— | $28,948 | Verified |
| 2022 | $1,190,434 | — | — | −$234,354 | $956,080 | $— | $24,376 | Verified |
| 2021 | $1,337,500 | — | — | −$381,420 | $956,080 | $— | $25,912 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -3.3% | -3.3% | ~100% | Not available | Partial |
| 2024 | +20.0% | +20.0% | ~100% | 1.9800% | Verified |
| 2023 | +29.6% | +29.6% | ~100% | 1.8100% | Verified |
| 2022 | +3.7% | +3.7% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +56.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.2% | +7.7% | +8.5% | +29.6% | 2024 | -11.0% | 2022 |
| Assessment Ratio | 100.0% | 98.9% | — | 129.6% | 2023 | 71.5% | 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 |
$37,995 | $31,055 | ~$46,457 | $38,041 | 2024 | $24,376 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,015,259 | ~$2,015,259 | ~2.0139% | ~$40,586 | +8.5% |
| 2027 | ~$2,187,451 | ~$2,187,451 | ~1.9814% | ~$43,342 | +17.8% |
| 2028 | ~$2,374,356 | ~$2,374,356 | ~1.9488% | ~$46,272 | +27.9% |
| 2029 | ~$2,577,230 | ~$2,577,230 | ~1.9163% | ~$49,387 | +38.8% |
| 2030 | ~$2,797,439 | ~$2,797,439 | ~1.8837% | ~$52,697 | +50.7% |
| 2026 | ~$1,978,127 | ~$1,978,127 | ~2.0465% | ~$40,482 | +6.5% |
| 2027 | ~$2,107,583 | ~$2,107,583 | ~2.0465% | ~$43,131 | +13.5% |
| 2028 | ~$2,245,512 | ~$2,245,512 | ~2.0465% | ~$45,954 | +20.9% |
| 2029 | ~$2,392,467 | ~$2,392,467 | ~2.0465% | ~$48,961 | +28.9% |
| 2030 | ~$2,549,040 | ~$2,549,040 | ~2.0465% | ~$52,166 | +37.3% |
| 2026 | ~$2,052,392 | ~$2,042,284 | ~1.9977% | ~$40,798 | +10.5% |
| 2027 | ~$2,268,804 | ~$2,246,513 | ~1.9488% | ~$43,781 | +22.2% |
| 2028 | ~$2,508,036 | ~$2,471,164 | ~1.9000% | ~$46,953 | +35.1% |
| 2029 | ~$2,772,493 | ~$2,718,280 | ~1.8512% | ~$50,321 | +49.3% |
| 2030 | ~$3,064,836 | ~$2,990,108 | ~1.8024% | ~$53,893 | +65.1% |
In 2025, this property's market value of $1,856,622 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 | $1,856,622 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,600,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,234,296 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,190,434 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,337,500 | $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.