504 W 7 ST TX 78701
| Owner | ROCKAFELLOW PROPERTIES LLC & |
|---|---|
| Parcel ID | 0206010506 |
| Short ID | 194258 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,089 SF |
| Land SF | 6,400 SF |
| Acres | 0.147 |
| Year Built | 1951 |
| Legal | E 50FT OF LOT 3 BLOCK 079 ORIGINAL CITY |
| Neighborhood | 53CBD |
| Land | $1,280,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,280,000 |
| Improvement | $1,414,120 |
|---|---|
| Total Improvement | $1,414,120 |
| Market | $2,694,120 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,694,120 |
| Value Limitation Adjustment (−) (homestead cap) | −$391,660 |
| Net Appraised (assessed) | $2,302,460 |
| Taxable Value | $2,302,460 |
|---|
Appreciation: Market value has risen +53.9% from $1,750,000 (2021) to $2,694,120 (2025), a CAGR of 11.4% 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 $47,119. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,302,460) is $391,660 below market value, suggesting potential for an upward assessment in future years.
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 48% of market value ($1,280,000 land vs $1,414,120 improvements), about $200/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,694,120, 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 +11.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,619,985 by 2030, with an estimated annual tax burden around $69,852. 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.
13 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,442 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,432 SF | ✗ |
| 551 | PAVED AREA | 2,000 SF | ✗ |
| 2ND | 2nd Floor | 1,431 SF | ✓ |
| 1/2 | Half Floor | 1,216 SF | ✓ |
| 501 | CANOPY | 205 SF | ✗ |
| 152 | COMMODE AVG | 2 SF | ✓ |
| 162 | LAVATORY AVG | 2 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 142 | BATHTUB AVG | 1 SF | ✓ |
| 182 | SINK AVG | 1 SF | ✓ |
| 192 | WATER HTR AVG | 1 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% | $21,302.36 | $21,302.36 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,065.28 | $12,065.28 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,653.68 | $8,653.68 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,717.43 | $2,717.43 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,380.74 | $2,380.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,119.49 | $47,119.49 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,604,000 | $2,694,120 | -40.5% |
| Assessed Value | $1,604,000 | $2,302,460 | -30.3% |
| Land Value | $1,152,000 | $1,280,000 | -10.0% |
| Improvement Value | $452,000 | $1,414,120 | -68.0% |
| Taxable Value | $1,604,000 | $2,302,460 | -30.3% |
| Total Tax 2026 = estimate |
~$32,826
Estimated
|
~$47,119
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,604,000 | $1,604,000 | +0 (+0.0%) |
| Taxable Value | $1,604,000 | $1,604,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,604,000 | $1,152,000 | $452,000 | — | $1,604,000 | $1,604,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,694,120 | $1,280,000 | $1,414,120 | −$391,660 | $2,302,460 | $2,302,460 | ~$47,119 | Partial |
| 2024 | $2,230,600 | — | — | −$950,600 | $1,280,000 | $— | $29,043 | Verified |
| 2023 | $1,798,566 | — | — | −$838,566 | $960,000 | $— | $29,145 | Verified |
| 2022 | $1,918,150 | — | — | −$958,150 | $960,000 | $— | $26,436 | Verified |
| 2021 | $1,750,000 | — | — | −$790,000 | $960,000 | $— | $30,671 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -40.5% | -30.3% | ~100% | Not available | Partial |
| 2025 | +40.4% | +20.0% | 85.5% | Not available | Partial |
| 2024 | -14.0% | -14.0% | ~100% | 1.5100% | Verified |
| 2023 | +24.0% | +24.0% | ~100% | 1.3100% | Verified |
| 2022 | -6.2% | -6.2% | ~100% | 1.4700% | Verified |
| 2021 | base year | — | ~100% | 1.7500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -40.5% | +1.5% | +26.5% | +24.0% | 2024 | -40.5% | 2026 |
| Assessment Ratio | 100.0% | 66.9% | — | 100.0% | 2026 | 50.0% | 2022 |
| Effective Tax Rate (2025) | 1.7500% | 1.7500% | — | 1.7500% | 2025 | 1.7500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$47,119 | $32,483 | ~$60,077 | $47,119 | 2025 | $26,436 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,000,970 | ~$2,532,706 | ~2.0139% | ~$51,007 | +11.4% |
| 2027 | ~$3,342,769 | ~$2,785,977 | ~1.9814% | ~$55,201 | +24.1% |
| 2028 | ~$3,723,498 | ~$3,064,574 | ~1.9488% | ~$59,724 | +38.2% |
| 2029 | ~$4,147,590 | ~$3,371,032 | ~1.9163% | ~$64,599 | +53.9% |
| 2030 | ~$4,619,985 | ~$3,708,135 | ~1.8837% | ~$69,852 | +71.5% |
| 2026 | ~$2,947,088 | ~$2,532,706 | ~2.0465% | ~$51,831 | +9.4% |
| 2027 | ~$3,223,808 | ~$2,785,977 | ~2.0465% | ~$57,015 | +19.7% |
| 2028 | ~$3,526,511 | ~$3,064,574 | ~2.0465% | ~$62,716 | +30.9% |
| 2029 | ~$3,857,637 | ~$3,371,032 | ~2.0465% | ~$68,988 | +43.2% |
| 2030 | ~$4,219,855 | ~$3,708,135 | ~2.0465% | ~$75,886 | +56.6% |
| 2026 | ~$3,054,852 | ~$2,532,706 | ~1.9977% | ~$50,595 | +13.4% |
| 2027 | ~$3,463,886 | ~$2,785,977 | ~1.9488% | ~$54,294 | +28.6% |
| 2028 | ~$3,927,687 | ~$3,064,574 | ~1.9000% | ~$58,227 | +45.8% |
| 2029 | ~$4,453,589 | ~$3,371,032 | ~1.8512% | ~$62,404 | +65.3% |
| 2030 | ~$5,049,908 | ~$3,708,135 | ~1.8024% | ~$66,834 | +87.4% |
In 2025, this property's market value of $2,694,120 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +90% 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 | $2,694,120 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,230,600 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,798,566 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,918,150 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,750,000 | $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.