719 E 7 ST TX 78701
| Owner | PETERS JOSEPHINE EST |
|---|---|
| Parcel ID | 0206041613 |
| Short ID | 194685 |
| Type | Real |
| Use Code | 48 Convenience Store |
| Valuation | Income |
| Improvement SF | 1,589 SF |
| Land SF | 17,664 SF |
| Acres | 0.406 |
| Year Built | 1966 |
| Legal | LOT 4-6 BLOCK 063 ORIGINAL CITY |
| Neighborhood | 48CBD |
| Land | $7,233,408 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,233,408 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $6,000,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,000,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,000,000 |
| Taxable Value | $6,000,000 |
|---|
Appreciation: Market value has risen +105.8% from $2,915,730 (2021) to $6,000,000 (2025), a CAGR of 19.8% 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 $122,789. Austin ISD is the largest single contributor, at 43.4% 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 121% of market value ($7,233,408 land vs $0 improvements), about $410/SF of land. With value concentrated in the land under a ~60-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 $6,000,000, this parcel sits in the top quartile (≥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 +19.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,787,889 by 2030, with an estimated annual tax burden around $182,027. 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 | 8,000 SF | ✗ |
| 501 | CANOPY | 1,932 SF | ✗ |
| 1ST | 1st Floor | 1,589 SF | ✓ |
| 611 | TERRACE | 368 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% | $55,512.00 | $55,512.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $31,441.02 | $31,441.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $22,550.70 | $22,550.70 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,081.38 | $7,081.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,204.00 | $6,204.00 | Paid |
| P2U | — | — | — | — | — | — | $5,087.50 | $5,087.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $127,876.60 | $127,876.60 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,877,819 | $6,000,000 | +31.3% |
| Assessed Value | $7,877,819 | $6,000,000 | +31.3% |
| Land Value | $7,948,800 | $7,233,408 | +9.9% |
| Improvement Value | — | — | — |
| Taxable Value | $7,877,819 | $6,000,000 | +31.3% |
| Total Tax 2026 = estimate |
~$161,218
Estimated
|
~$127,877
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,036,075 | $7,877,819 | -158,256 (-2.0%) |
| Taxable Value | $8,036,075 | $7,877,819 | -158,256 (-2.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,877,819 | $7,948,800 | — | — | $7,877,819 | $7,877,819 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,000,000 | $7,233,408 | — | — | $6,000,000 | $6,000,000 | ~$127,877 | Partial |
| 2024 | $3,264,866 | — | — | — | $4,809,280 ! | $— | $80,806 | Verified |
| 2023 | $3,236,293 | — | — | −$56,773 | $3,179,520 | $— | $61,627 | Verified |
| 2022 | $2,918,341 | — | — | — | $3,179,520 ! | $— | $66,651 | Verified |
| 2021 | $2,915,730 | — | — | −$54,162 | $2,861,568 | $— | $65,941 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +33.9% | +33.9% | ~100% | Not available | Partial |
| 2025 | +24.8% | +53.1% | ~100% | Not available | Partial |
| 2024 | +47.3% | +20.0% | 81.5% | 1.6800% | Verified |
| 2023 | +0.9% | +0.9% | ~100% | 1.8900% | Verified |
| 2022 | +10.9% | +10.9% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.2600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +105.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +31.3% | +25.4% | +14.1% | +83.8% | 2025 | +0.1% | 2022 |
| Assessment Ratio | 100.0% | 108.8% | — | 147.3% | 2024 | 98.1% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$127,877 | $80,580 | ~$156,554 | $127,877 | 2025 | $61,627 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,186,249 | ~$6,600,000 | ~2.0139% | ~$132,920 | +19.8% |
| 2027 | ~$8,607,028 | ~$7,260,000 | ~1.9814% | ~$143,849 | +43.5% |
| 2028 | ~$10,308,707 | ~$7,986,000 | ~1.9488% | ~$155,634 | +71.8% |
| 2029 | ~$12,346,822 | ~$8,784,600 | ~1.9163% | ~$168,338 | +105.8% |
| 2030 | ~$14,787,889 | ~$9,663,060 | ~1.8837% | ~$182,027 | +146.5% |
| 2026 | ~$7,066,249 | ~$6,600,000 | ~2.0465% | ~$135,068 | +17.8% |
| 2027 | ~$8,321,978 | ~$7,260,000 | ~2.0465% | ~$148,575 | +38.7% |
| 2028 | ~$9,800,861 | ~$7,986,000 | ~2.0465% | ~$163,432 | +63.3% |
| 2029 | ~$11,542,554 | ~$8,784,600 | ~2.0465% | ~$179,776 | +92.4% |
| 2030 | ~$13,593,759 | ~$9,663,060 | ~2.0465% | ~$197,753 | +126.6% |
| 2026 | ~$7,306,249 | ~$6,600,000 | ~1.9977% | ~$131,846 | +21.8% |
| 2027 | ~$8,896,878 | ~$7,260,000 | ~1.9488% | ~$141,486 | +48.3% |
| 2028 | ~$10,833,800 | ~$7,986,000 | ~1.9000% | ~$151,735 | +80.6% |
| 2029 | ~$13,192,407 | ~$8,784,600 | ~1.8512% | ~$162,620 | +119.9% |
| 2030 | ~$16,064,500 | ~$9,663,060 | ~1.8024% | ~$174,164 | +167.7% |
In 2025, this property's market value of $6,000,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $6,000,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,264,866 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $3,236,293 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,918,341 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,915,730 | $517,750 | $1,142,600 | $2,780,453 | ↑ 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.