519 E 7 ST TX 78701
| Owner | DIAB GABRIEL R |
|---|---|
| Parcel ID | 0206040604 |
| Short ID | 194583 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 4,271 SF |
| Land SF | 11,008 SF |
| Acres | 0.253 |
| Year Built | 1965 |
| Legal | LOT 5 *& E 17FT OF LOT 6 BLOCK 065 ORIGINAL CITY |
| Neighborhood | 20CBD |
| Land | $3,756,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,756,480 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $2,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,750,000 |
| Taxable Value | $2,750,000 |
|---|
Appreciation: Market value has risen +42.0% from $1,936,400 (2021) to $2,750,000 (2025), a CAGR of 9.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $56,278. Austin ISD is the largest single contributor, at 43.6% 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 137% of market value ($3,756,480 land vs $0 improvements), about $341/SF of land. With value concentrated in the land under a ~61-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 $2,750,000, 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 +9.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,263,387 by 2030, with an estimated annual tax burden around $80,311. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 9,432 SF | ✗ |
| 1ST | 1st Floor | 2,987 SF | ✓ |
| 501 | CANOPY | 2,210 SF | ✗ |
| 2ND | 2nd Floor | 1,284 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% | $25,443.00 | $25,443.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,410.47 | $14,410.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,335.74 | $10,335.74 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,245.63 | $3,245.63 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,843.50 | $2,843.50 | Paid |
| P2U | — | — | — | — | — | — | $2,081.25 | $2,081.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $58,359.59 | $58,359.59 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,750,000 | $2,750,000 | +0.0% |
| Assessed Value | $2,750,000 | $2,750,000 | +0.0% |
| Land Value | $4,403,200 | $3,756,480 | +17.2% |
| Improvement Value | — | — | — |
| Taxable Value | $2,750,000 | $2,750,000 | +0.0% |
| Total Tax 2026 = estimate |
~$56,278
Estimated
|
~$58,360
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,456,057 | $2,750,000 | -1,706,057 (-38.3%) |
| Taxable Value | $3,300,000 | $2,750,000 | -550,000 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,750,000 | $4,403,200 | — | — | $2,750,000 | $2,750,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,750,000 | $3,756,480 | — | — | $2,750,000 | $2,750,000 | ~$58,360 | Partial |
| 2024 | $2,029,747 | — | — | — | $3,352,459 ! | $— | $50,061 | Verified |
| 2023 | $1,962,966 | — | — | −$36,566 | $1,926,400 | $— | $38,138 | Verified |
| 2022 | $1,962,966 | — | — | −$36,566 | $1,926,400 | $— | $40,230 | Verified |
| 2021 | $1,936,400 | — | — | −$10,000 | $1,926,400 | $— | $44,190 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +62.0% | +20.0% | 74.1% | Not available | Partial |
| 2025 | -18.0% | +12.9% | ~100% | Not available | Partial |
| 2024 | +65.2% | +20.0% | 72.6% | 1.4900% | Verified |
| 2023 | +3.4% | +3.4% | ~100% | 1.8800% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 2.0500% | Verified |
| 2021 | base year | — | ~100% | 2.2800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +40.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +8.1% | +9.2% | +35.5% | 2025 | +0.0% | 2023 |
| Assessment Ratio | 100.0% | 110.1% | — | 165.2% | 2024 | 98.1% | 2022 |
| Effective Tax Rate (2025) | 2.1200% | 2.1200% | — | 2.1200% | 2025 | 2.1200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$58,360 | $46,196 | ~$70,053 | $58,360 | 2025 | $38,138 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,002,044 | ~$3,002,044 | ~2.0139% | ~$60,459 | +9.2% |
| 2027 | ~$3,277,189 | ~$3,277,189 | ~1.9814% | ~$64,934 | +19.2% |
| 2028 | ~$3,577,552 | ~$3,577,552 | ~1.9488% | ~$69,721 | +30.1% |
| 2029 | ~$3,905,443 | ~$3,905,443 | ~1.9163% | ~$74,840 | +42.0% |
| 2030 | ~$4,263,387 | ~$4,263,387 | ~1.8837% | ~$80,311 | +55.0% |
| 2026 | ~$2,947,044 | ~$2,947,044 | ~2.0465% | ~$60,311 | +7.2% |
| 2027 | ~$3,158,207 | ~$3,158,207 | ~2.0465% | ~$64,632 | +14.8% |
| 2028 | ~$3,384,501 | ~$3,384,501 | ~2.0465% | ~$69,263 | +23.1% |
| 2029 | ~$3,627,009 | ~$3,627,009 | ~2.0465% | ~$74,226 | +31.9% |
| 2030 | ~$3,886,893 | ~$3,886,893 | ~2.0465% | ~$79,545 | +41.3% |
| 2026 | ~$3,057,044 | ~$3,025,000 | ~1.9977% | ~$60,429 | +11.2% |
| 2027 | ~$3,398,371 | ~$3,327,500 | ~1.9488% | ~$64,848 | +23.6% |
| 2028 | ~$3,777,807 | ~$3,660,250 | ~1.9000% | ~$69,545 | +37.4% |
| 2029 | ~$4,199,609 | ~$4,026,275 | ~1.8512% | ~$74,534 | +52.7% |
| 2030 | ~$4,668,506 | ~$4,428,903 | ~1.8024% | ~$79,825 | +69.8% |
In 2025, this property's market value of $2,750,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +94% 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 | $2,750,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,029,747 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,962,966 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,962,966 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,936,400 | $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.