505 W 7 ST 315 TX 78701
| Owner | MORSE LAURIE M |
|---|---|
| Parcel ID | 0206010413 |
| Short ID | 194192 |
| Type | Real |
| Use Code | 15 Condominium (Stacked) |
| Valuation | Cost |
| Improvement SF | 708 SF |
| Land SF | 31,489 SF |
| Acres | 0.723 |
| Year Built | 1964 |
| Legal | UNT 315 POSADA DEL REY CONDOMINIUMS AMENDED PLUS 1.41% INT IN COMMON AREA |
| Neighborhood | Z122C2C |
| Land | $15,744,835 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $15,744,835 |
| Improvement | $12,371,414 |
|---|---|
| Total Improvement | $12,371,414 |
| Market | $28,116,249 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $28,116,249 |
| Value Limitation Adjustment (−) (homestead cap) | −$383,514 |
| Net Appraised (assessed) | $27,732,735 |
| Exemptions (−) (DV,HS,OV65) | −$2,941,791 |
|---|---|
| Taxable Value | $24,790,944 |
Appreciation: Market value has risen +40.7% from $19,980,182 (2021) to $28,116,249 (2025), a CAGR of 8.9% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Residential parcel countywide rose +45.8%, so this parcel has lagged the broader residential 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 $507,343. Austin ISD is the largest single contributor, at 43.4% of the total 2025 levy.
Homestead Cap History: This property had an active homestead cap as recently as 2024 ($14,944,678, ~53.2% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.
Asset Class: Single-family residential. Buyer should verify which exemptions carry and which reset at sale. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 56% of market value ($15,744,835 land vs $12,371,414 improvements), about $500/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $28,116,249, this parcel sits in the top quartile (≥75th percentile) of Residential property in Travis County — county median $479,535 (P25 $358,633 / P75 $737,055, n=318,609). Residential here is the broad TCAD category — every residential 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 +8.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $43,092,809 by 2030, with an estimated annual tax burden around $811,758. 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 | 708 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 194192 | PERKINS ROBERT A & CYNTHIA M A | 505 7 ST 101 78701 | $368,000 | $368,000 | $368,000 |
| 194193 | GOODWIN ABIGAIL MARIE | 505 7 ST 102 78701 | $450,398 | $450,398 | $450,398 |
| 194194 | KELLY KAREN K | 505 7 ST 103 78701 | $400,000 | $400,000 | $400,000 |
| 194195 | LENZ MARY ANN | 505 7 ST 104 78701 | $368,515 | $368,515 | $149,543 |
| 194196 | EWALT DONALD H JR | 505 7 ST 105 78701 | $402,532 | $402,532 | $402,532 |
| 194197 | VAUGHN CHARLES N | 505 7 ST 106 78701 | $280,000 | $280,000 | $280,000 |
| 194198 | 505 W 7TH LLC | 505 7 ST 107 78701 | $280,000 | $280,000 | $280,000 |
| 194199 | WILLIAMS TODD | 505 7 ST 108 78701 | $260,000 | $260,000 | $260,000 |
| 194200 | AMON CHAD A | 505 7 ST 109 78701 | $320,182 | $320,182 | $256,146 |
| 194201 | PIERCE NICHOLAS SCOTT | 505 7 ST 110 78701 | $296,308 | $296,308 | $237,046 |
| 194202 | OMO JEFFREY D | 505 7 ST 111 78701 | $298,083 | $298,083 | $93,197 |
| 194203 | HARRINGTON AMANDA | 505 7 ST 112 78701 | $269,788 | $269,788 | $269,788 |
| 194204 | WAGNER DAVID A & BONITA L | 505 7 ST 113 78701 | $265,079 | $265,079 | $265,079 |
| 194205 | UDESHI ANJELIKA KIRAN | 505 7 ST 114 78701 | $298,083 | $298,083 | $298,083 |
| 194206 | IVEY PHILIP & HEIDI | 505 7 ST 115 78701 | $252,751 | $252,751 | $252,751 |
| 194207 | GANI LAXMAN V | 505 7 ST 116 78701 | $416,994 | $416,994 | $416,994 |
| 194208 | SULLIVAN EDWARD M | 505 7 ST 117 78701 | $342,000 | $342,000 | $342,000 |
| 194209 | ALAM OMAR JAMIL | 505 7 ST 118 78701 | $413,000 | $413,000 | $413,000 |
| 194210 | KTX INVESTMENTS LLC | 505 7 ST 119 78701 | $297,000 | $297,000 | $297,000 |
| 194211 | O TARA | 505 7 ST 120 78701 | $459,917 | $459,917 | $447,917 |
| 194212 | TREVINO NORA R LIVING TRUST | 505 7 ST 201 78701 | $375,000 | $375,000 | $375,000 |
| 194213 | LEMAN CHRISTIAN | 505 7 ST 202 78701 | $456,904 | $456,904 | $456,904 |
| 194214 | DONAMARIA DIEGO U | 505 7 ST 203 78701 | $382,969 | $382,969 | $382,969 |
| 194215 | HOOPER MARK JEFFERY & KARA | 505 7 ST 204 78701 | $345,000 | $345,000 | $345,000 |
| 194216 | HOOPER MARK JEFFERY & KARA | 505 7 ST 205 78701 | $336,000 | $336,000 | $336,000 |
| 194217 | VELEZ ADALI EFRAIN & ANA INES | 505 7 ST 206 78701 | $275,000 | $275,000 | $275,000 |
| 194218 | WILLIAMSON COOK LLC | 505 7 ST 207 78701 | $286,329 | $286,329 | $286,329 |
| 194219 | TASLER MARGARET GOEKE & E J JR | 505 7 ST 208 78701 | $335,673 | $335,673 | $335,673 |
| 194220 | ALAM OMAR JAMIL | 505 7 ST 209 78701 | $600,790 | $600,790 | $600,790 |
| 194221 | TRAN LY | 505 7 ST 210 78701 | $618,953 | $618,953 | $618,953 |
| 194222 | GULLICKSON DOUGLAS D | 505 7 ST 211 78701 | $624,160 | $624,160 | $354,059 |
| 194223 | HUGHES GEORGE W | 505 7 ST 212 78701 | $532,408 | $532,408 | $280,657 |
| 194224 | DEGENKOLB ROBERT JOHN | 505 7 ST 213 78701 | $333,853 | $333,853 | $267,082 |
| 194225 | PATMALNIECE MADARA | 505 7 ST 214 78701 | $333,853 | $333,853 | $267,082 |
| 194227 | LOBB GEORGE C & ANGELA S HEIN | 505 7 ST 216 78701 | $429,958 | $429,958 | $343,966 |
| 194228 | OLIVER IAN C G | 505 7 ST 217 78701 | $360,000 | $360,000 | $360,000 |
| 194229 | JOHNSTON TARAN CHRISTINE | 505 7 ST 218 78701 | $472,538 | $472,538 | $232,761 |
| 194230 | BARTOLETTI KAREN J | 505 7 ST 219 78701 | $363,000 | $363,000 | $363,000 |
| 194231 | HOOGE JOSHUA | 505 7 ST 220 78701 | $468,104 | $468,104 | $374,483 |
| 194232 | HENDERSON MATTHEW T | 505 7 ST 300 78701 | $616,734 | $616,734 | $616,734 |
| 194233 | HUSEMAN ALICE RAE POWELL | 505 7 ST 301 78701 | $415,319 | $415,319 | $415,319 |
| 194234 | VM HARPER LIVING TRUST | 505 7 ST 302 78701 | $406,446 | $406,446 | $406,446 |
| 194235 | MULLENIX WILLIAM & MARIANNE & MICHAEL | 505 7 ST 303 78701 | $466,036 | $466,036 | $466,036 |
| 194236 | MCCANDLESS PATRICIA FULLER | 505 7 ST 304 78701 | $280,000 | $280,000 | $280,000 |
| 194237 | CHOW DANIEL C | 505 7 ST 305 78701 | $336,000 | $336,000 | $336,000 |
| 194238 | LOPEZ SIMON | 505 7 ST 306 78701 | $305,386 | $305,386 | $305,386 |
| 194239 | ERVIN JULIA | 505 7 ST 307 78701 | $280,000 | $280,000 | $280,000 |
| 194240 | UMLAUF MADELON | 505 7 ST 308 78701 | $333,853 | $333,853 | $333,853 |
| 194241 | TAYLOR RICHARD A | 505 7 ST 313 78701 | $284,603 | $284,603 | $284,603 |
| 194242 | TINGUELY THOMAS DANIEL | 505 7 ST 314 78701 | $283,412 | $283,412 | $283,412 |
| 194243 | GOODWIN BEN | 505 7 ST 215 78701 | $280,000 | $280,000 | $280,000 |
| 194244 | LOBB MICHAEL | 505 7 ST 316 78701 | $422,071 | $422,071 | $0 |
| 194245 | MELENDEZ-MURPHY EDWIN TOMAS | 505 7 ST 317 78701 | $455,428 | $455,428 | $455,428 |
| 194246 | VELEZ ADALI EFRAIN & | 505 7 ST 318 78701 | $387,000 | $387,000 | $387,000 |
| 194247 | KURUK LLC | 505 7 ST 319 78701 | $435,936 | $435,936 | $435,936 |
| 194248 | JOSEPH BENJAMIN WILLIAM | 505 7 ST 320 78701 | $465,780 | $465,780 | $465,780 |
| 368590 | MORSE LAURIE M | 505 7 ST 315 78701 | $275,000 | $275,000 | $275,000 |
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% | $212,510.85 | $212,510.85 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $128,375.04 | $128,375.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $93,175.51 | $93,175.51 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $28,961.73 | $28,961.73 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $26,568.45 | $26,568.45 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $489,591.58 | $489,591.58 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $21,398,126 | $28,116,249 | -23.9% |
| Assessed Value | $21,398,126 | $27,732,735 | -22.8% |
| Land Value | $9,446,901 | $15,744,835 | -40.0% |
| Improvement Value | $11,951,225 | $12,371,414 | -3.4% |
| Taxable Value | $19,342,115 | $24,790,944 | -22.0% |
| Exemptions | DV,HS,OV65 | DV,HS,OV65 | |
| HS Cap Loss | — | -$14,944,678 (2024) | |
| Total Tax 2026 = estimate |
~$395,833
Estimated
|
~$489,592
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $23,188,848 | $21,398,126 | -1,790,722 (-7.7%) |
| Taxable Value | $21,124,732 | $19,342,115 | -1,782,617 (-8.4%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $21,398,126 | $9,446,901 | $11,951,225 | — | $21,398,126 | $19,342,115 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $28,116,249 | $15,744,835 | $12,371,414 | −$383,514 | $27,732,735 | $24,790,944 | ~$489,592 | Partial |
| 2024 | $31,632,188 | — | — | −$15,887,353 | $15,744,835 | $— | $494,827 | Verified |
| 2023 | $29,219,971 | — | — | −$13,475,136 | $15,744,835 | $— | $461,827 | Verified |
| 2022 | $19,845,418 | — | — | −$12,602,792 | $7,242,626 | $— | $473,686 | Verified |
| 2021 | $19,980,182 | — | — | −$12,737,556 | $7,242,626 | $— | $388,830 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -25.5% | -25.5% | ~100% | Not available | Partial |
| 2025 | -6.9% | -6.9% | ~100% | Not available | Partial |
| 2024 | -8.3% | -8.3% | ~100% | 1.6100% | Verified |
| 2023 | +3.2% | +3.2% | ~100% | 1.4600% | Verified |
| 2022 | -12.6% | -12.6% | ~100% | 1.5900% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -23.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -23.9% | +4.0% | +15.8% | +47.2% | 2023 | -23.9% | 2026 |
| Assessment Ratio | 100.0% | 62.5% | — | 100.0% | 2026 | 36.2% | 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 |
$489,592 | $461,752 | ~$710,624 | $494,827 | 2024 | $388,830 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$30,622,939 | ~$30,506,009 | ~2.0139% | ~$614,372 | +8.9% |
| 2027 | ~$33,353,111 | ~$33,353,111 | ~1.9814% | ~$660,855 | +18.6% |
| 2028 | ~$36,326,691 | ~$36,326,691 | ~1.9488% | ~$707,949 | +29.2% |
| 2029 | ~$39,565,378 | ~$39,565,378 | ~1.9163% | ~$758,188 | +40.7% |
| 2030 | ~$43,092,809 | ~$43,092,809 | ~1.8837% | ~$811,758 | +53.3% |
| 2026 | ~$30,060,614 | ~$30,060,614 | ~2.0465% | ~$615,186 | +6.9% |
| 2027 | ~$32,139,440 | ~$32,139,440 | ~2.0465% | ~$657,729 | +14.3% |
| 2028 | ~$34,362,027 | ~$34,362,027 | ~2.0465% | ~$703,214 | +22.2% |
| 2029 | ~$36,738,315 | ~$36,738,315 | ~2.0465% | ~$751,844 | +30.7% |
| 2030 | ~$39,278,934 | ~$39,278,934 | ~2.0465% | ~$803,837 | +39.7% |
| 2026 | ~$31,185,264 | ~$30,506,009 | ~1.9977% | ~$609,407 | +10.9% |
| 2027 | ~$34,589,275 | ~$33,556,609 | ~1.9488% | ~$653,964 | +23.0% |
| 2028 | ~$38,364,850 | ~$36,912,270 | ~1.9000% | ~$701,339 | +36.5% |
| 2029 | ~$42,552,545 | ~$40,603,497 | ~1.8512% | ~$751,650 | +51.3% |
| 2030 | ~$47,197,347 | ~$44,663,847 | ~1.8024% | ~$805,008 | +67.9% |
In 2025, this property's market value of $28,116,249 places it in the top 25% for Residential properties in Travis County (318609 comparable) — 59× the county median of $479,535. Residential here is the broad TCAD category — every residential 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 | $28,116,249 | $358,633 | $479,535 | $737,055 | ↑ Top 25% | -6.4% |
| 2024 | $31,632,188 | $384,868 | $512,735 | $786,167 | ↑ Top 25% | -8.7% |
| 2023 | $29,219,971 | $424,496 | $565,716 | $845,447 | ↑ Top 25% | -2.1% |
| 2022 | $19,845,418 | $435,080 | $581,770 | $864,060 | ↑ Top 25% | +53.2% |
| 2021 | $19,980,182 | $239,232 | $328,865 | $488,922 | ↑ Top 25% | 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.