1007 E 7 ST TX 78702
| Owner | 1007 E 7TH STREET OWNER L.P. |
|---|---|
| Parcel ID | 0206050802 |
| Short ID | 194771 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,352 SF |
| Land SF | 7,452 SF |
| Acres | 0.171 |
| Year Built | 1920 |
| Legal | LOT 18-19 *& E5.2FT OF LOT 20 BLK 2 OLT 2 DIV A TAYLORS SUBD |
| Neighborhood | 59EAS |
| Land | $1,304,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,304,100 |
| Improvement | $230,143 |
|---|---|
| Total Improvement | $230,143 |
| Market | $1,534,243 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,534,243 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,534,243 |
| Taxable Value | $1,534,243 |
|---|
Appreciation: Market value has risen +31.8% from $1,163,970 (2021) to $1,534,243 (2025), a CAGR of 7.1% over 4 years. This represents moderate, steady growth. 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 $31,398. 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 85% of market value ($1,304,100 land vs $230,143 improvements), about $175/SF of land. With value concentrated in the land under a ~106-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 $1,534,243, 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 +7.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,166,879 by 2030, with an estimated annual tax burden around $40,818. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,352 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,352 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 128 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 98 SF | ✗ |
| 251 | BATHROOM | 2 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% | $14,194.82 | $14,194.82 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,039.69 | $8,039.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,766.38 | $5,766.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,810.76 | $1,810.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,586.41 | $1,586.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $31,398.06 | $31,398.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,547,172 | $1,534,243 | +0.8% |
| Assessed Value | $1,547,172 | $1,534,243 | +0.8% |
| Land Value | $1,304,100 | $1,304,100 | +0.0% |
| Improvement Value | $243,072 | $230,143 | +5.6% |
| Taxable Value | $1,547,172 | $1,534,243 | +0.8% |
| Total Tax 2026 = estimate |
~$31,663
Estimated
|
~$31,398
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,700,189 | $1,547,172 | -153,017 (-9.0%) |
| Taxable Value | $1,700,189 | $1,547,172 | -153,017 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,547,172 | $1,304,100 | $243,072 | — | $1,547,172 | $1,547,172 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,534,243 | $1,304,100 | $230,143 | — | $1,534,243 | $1,534,243 | ~$31,398 | Partial |
| 2024 | $1,544,492 | — | — | −$240,392 | $1,304,100 | $— | $30,371 | Verified |
| 2023 | $1,382,231 | — | — | −$78,131 | $1,304,100 | $— | $27,944 | Verified |
| 2022 | $1,169,782 | — | — | −$51,982 | $1,117,800 | $— | $27,298 | Verified |
| 2021 | $1,163,970 | — | — | −$232,470 | $931,500 | $— | $25,462 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.8% | +10.8% | ~100% | Not available | Partial |
| 2025 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2024 | -0.8% | -0.8% | ~100% | 1.9800% | Verified |
| 2023 | +11.7% | +11.7% | ~100% | 1.8100% | Verified |
| 2022 | +18.2% | +18.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +31.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +6.1% | +7.0% | +18.2% | 2023 | -0.7% | 2025 |
| Assessment Ratio | 100.0% | 92.4% | — | 100.0% | 2025 | 80.0% | 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 |
$31,398 | $28,495 | ~$36,872 | $31,398 | 2025 | $25,462 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,643,926 | ~$1,643,926 | ~2.0139% | ~$33,108 | +7.1% |
| 2027 | ~$1,761,450 | ~$1,761,450 | ~1.9814% | ~$34,901 | +14.8% |
| 2028 | ~$1,887,376 | ~$1,887,376 | ~1.9488% | ~$36,782 | +23.0% |
| 2029 | ~$2,022,304 | ~$2,022,304 | ~1.9163% | ~$38,753 | +31.8% |
| 2030 | ~$2,166,879 | ~$2,166,879 | ~1.8837% | ~$40,818 | +41.2% |
| 2026 | ~$1,613,241 | ~$1,613,241 | ~2.0465% | ~$33,015 | +5.1% |
| 2027 | ~$1,696,307 | ~$1,696,307 | ~2.0465% | ~$34,715 | +10.6% |
| 2028 | ~$1,783,649 | ~$1,783,649 | ~2.0465% | ~$36,502 | +16.3% |
| 2029 | ~$1,875,489 | ~$1,875,489 | ~2.0465% | ~$38,382 | +22.2% |
| 2030 | ~$1,972,058 | ~$1,972,058 | ~2.0465% | ~$40,358 | +28.5% |
| 2026 | ~$1,674,611 | ~$1,674,611 | ~1.9977% | ~$33,453 | +9.1% |
| 2027 | ~$1,827,821 | ~$1,827,821 | ~1.9488% | ~$35,621 | +19.1% |
| 2028 | ~$1,995,048 | ~$1,995,048 | ~1.9000% | ~$37,906 | +30.0% |
| 2029 | ~$2,177,575 | ~$2,177,575 | ~1.8512% | ~$40,311 | +41.9% |
| 2030 | ~$2,376,801 | ~$2,376,801 | ~1.8024% | ~$42,839 | +54.9% |
In 2025, this property's market value of $1,534,243 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +8% 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 | $1,534,243 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,544,492 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,382,231 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,169,782 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,163,970 | $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.