2150 E 7 ST TX 78702
| Owner | FM 1327 PLAZA INC |
|---|---|
| Parcel ID | 0205101524 |
| Short ID | 193524 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 11,411 SF |
| Acres | 0.262 |
| Year Built | 1971 |
| Legal | LOT 2 LESS NE TRI & ALL OF LOT 3 BLK 31 GRANDVIEW PLACE |
| Neighborhood | 48CEN |
| Land | $1,711,650 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,711,650 |
| Improvement | $183,505 |
|---|---|
| Total Improvement | $183,505 |
| Market | $1,895,155 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,895,155 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,895,155 |
| Taxable Value | $1,895,155 |
|---|
Appreciation: Market value has risen +96.8% from $962,880 (2021) to $1,895,155 (2025), a CAGR of 18.4% 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 $38,784. 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 90% of market value ($1,711,650 land vs $183,505 improvements), about $150/SF of land. With value concentrated in the land under a ~55-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 $1,895,155, 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 +18.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,418,099 by 2030, with an estimated annual tax burden around $57,495. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 6,640 SF | ✗ |
| 1ST | 1st Floor | 2,400 SF | ✓ |
| 501 | CANOPY | 600 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% | $17,533.97 | $17,533.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,930.93 | $9,930.93 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,122.85 | $7,122.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,236.72 | $2,236.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,959.59 | $1,959.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,784.06 | $38,784.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,860,526 | $1,895,155 | -1.8% |
| Assessed Value | $1,860,526 | $1,895,155 | -1.8% |
| Land Value | $1,711,650 | $1,711,650 | +0.0% |
| Improvement Value | $148,876 | $183,505 | -18.9% |
| Taxable Value | $1,860,526 | $1,895,155 | -1.8% |
| Total Tax 2026 = estimate |
~$38,075
Estimated
|
~$38,784
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,015,348 | $1,860,526 | -154,822 (-7.7%) |
| Taxable Value | $2,015,348 | $1,860,526 | -154,822 (-7.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,860,526 | $1,711,650 | $148,876 | — | $1,860,526 | $1,860,526 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,895,155 | $1,711,650 | $183,505 | — | $1,895,155 | $1,895,155 | ~$38,784 | Partial |
| 2024 | $1,750,000 | — | — | −$38,350 | $1,711,650 | $— | $37,558 | Verified |
| 2023 | $975,000 | — | — | — | $1,711,650 ! | $— | $31,662 | Verified |
| 2022 | $962,880 | — | — | −$50,000 | $912,880 | $— | $19,256 | Verified |
| 2021 | $962,880 | — | — | −$50,000 | $912,880 | $— | $20,959 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.3% | +6.3% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +8.3% | +8.3% | ~100% | 1.9800% | Verified |
| 2023 | +56.0% | +56.0% | ~100% | 1.8100% | Verified |
| 2022 | +16.5% | +16.5% | ~100% | 1.7200% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +96.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.8% | +17.5% | +18.9% | +79.5% | 2024 | -1.8% | 2026 |
| Assessment Ratio | 100.0% | 110.5% | — | 175.6% | 2023 | 94.8% | 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 |
$38,784 | $29,644 | ~$49,449 | $38,784 | 2025 | $19,256 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,244,724 | ~$2,084,671 | ~2.0139% | ~$41,984 | +18.4% |
| 2027 | ~$2,658,772 | ~$2,293,138 | ~1.9814% | ~$45,436 | +40.3% |
| 2028 | ~$3,149,192 | ~$2,522,451 | ~1.9488% | ~$49,159 | +66.2% |
| 2029 | ~$3,730,073 | ~$2,774,696 | ~1.9163% | ~$53,171 | +96.8% |
| 2030 | ~$4,418,099 | ~$3,052,166 | ~1.8837% | ~$57,495 | +133.1% |
| 2026 | ~$2,206,821 | ~$2,084,671 | ~2.0465% | ~$42,662 | +16.4% |
| 2027 | ~$2,569,741 | ~$2,293,138 | ~2.0465% | ~$46,929 | +35.6% |
| 2028 | ~$2,992,344 | ~$2,522,451 | ~2.0465% | ~$51,622 | +57.9% |
| 2029 | ~$3,484,447 | ~$2,774,696 | ~2.0465% | ~$56,784 | +83.9% |
| 2030 | ~$4,057,478 | ~$3,052,166 | ~2.0465% | ~$62,462 | +114.1% |
| 2026 | ~$2,282,627 | ~$2,084,671 | ~1.9977% | ~$41,645 | +20.4% |
| 2027 | ~$2,749,319 | ~$2,293,138 | ~1.9488% | ~$44,690 | +45.1% |
| 2028 | ~$3,311,427 | ~$2,522,451 | ~1.9000% | ~$47,927 | +74.7% |
| 2029 | ~$3,988,461 | ~$2,774,696 | ~1.8512% | ~$51,365 | +110.5% |
| 2030 | ~$4,803,918 | ~$3,052,166 | ~1.8024% | ~$55,011 | +153.5% |
In 2025, this property's market value of $1,895,155 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +34% 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 | $1,895,155 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,750,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $975,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $962,880 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $962,880 | $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.