1121 E 7 ST TX 78702
| Owner | 1121 EAST 7TH STREET LLC |
|---|---|
| Parcel ID | 0206051301 |
| Short ID | 194830 |
| Type | Real |
| Use Code | 52 Office Medium (10–35,000 SF) |
| Valuation | Income |
| Improvement SF | 10,825 SF |
| Land SF | 37,935 SF |
| Acres | 0.871 |
| Year Built | 1992 |
| Legal | LOT 12-22 BLK 3 OLT 2 DIV A TAYLORS SUBD |
| Neighborhood | 52EAS |
| Land | $6,638,625 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,638,625 |
| Improvement | $2,333,919 |
|---|---|
| Total Improvement | $2,333,919 |
| Market | $8,972,544 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,972,544 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,972,544 |
| Taxable Value | $8,972,544 |
|---|
Appreciation: Market value has risen +92.6% from $4,659,093 (2021) to $8,972,544 (2025), a CAGR of 17.8% 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 $183,622. 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 74% of market value ($6,638,625 land vs $2,333,919 improvements), about $175/SF of land. With value concentrated in the land under a ~34-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 $8,972,544, 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 +17.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,355,575 by 2030, with an estimated annual tax burden around $272,208. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,000 SF | ✗ |
| 491 | SPRINKLER HEADS | 10,825 SF | ✗ |
| 1ST | 1st Floor | 9,600 SF | ✓ |
| 501 | CANOPY | 1,692 SF | ✗ |
| 2ND | 2nd Floor | 1,225 SF | ✓ |
| 611 | TERRACE | 150 SF | ✗ |
| SO | Sketch Only | 150 SF | ✗ |
| 482 | LIGHT POLES | 11 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 521 | FIREPLACE | 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% | $83,013.98 | $83,013.98 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $47,017.66 | $47,017.66 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $33,722.86 | $33,722.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,589.67 | $10,589.67 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $9,277.61 | $9,277.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $183,621.78 | $183,621.78 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,953,800 | $8,972,544 | -0.2% |
| Assessed Value | $8,953,800 | $8,972,544 | -0.2% |
| Land Value | $6,638,625 | $6,638,625 | +0.0% |
| Improvement Value | $2,315,175 | $2,333,919 | -0.8% |
| Taxable Value | $8,953,800 | $8,972,544 | -0.2% |
| Total Tax 2026 = estimate |
~$183,238
Estimated
|
~$183,622
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,953,800 | $8,953,800 | +0 (+0.0%) |
| Taxable Value | $8,953,800 | $8,953,800 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,953,800 | $6,638,625 | $2,315,175 | — | $8,953,800 | $8,953,800 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,972,544 | $6,638,625 | $2,333,919 | — | $8,972,544 | $8,972,544 | ~$183,622 | Partial |
| 2024 | $6,932,687 | — | — | −$294,062 | $6,638,625 | $— | $166,825 | Verified |
| 2023 | $4,850,287 | — | — | — | $6,638,625 ! | $— | $125,429 | Verified |
| 2022 | $4,660,614 | — | — | — | $4,741,875 ! | $— | $95,789 | Verified |
| 2021 | $4,659,093 | — | — | −$106,893 | $4,552,200 | $— | $101,447 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -0.2% | -0.2% | ~100% | Not available | Partial |
| 2025 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2024 | +21.4% | +21.4% | ~100% | 1.9800% | Verified |
| 2023 | +42.9% | +42.9% | ~100% | 1.8100% | Verified |
| 2022 | +4.1% | +4.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +92.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.2% | +15.2% | +17.9% | +42.9% | 2024 | -0.2% | 2026 |
| Assessment Ratio | 100.0% | 105.4% | — | 136.9% | 2023 | 95.8% | 2024 |
| 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 |
$183,622 | $134,622 | ~$234,114 | $183,622 | 2025 | $95,789 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,569,858 | ~$9,869,798 | ~2.0139% | ~$198,771 | +17.8% |
| 2027 | ~$12,451,530 | ~$10,856,778 | ~1.9814% | ~$215,115 | +38.8% |
| 2028 | ~$14,668,181 | ~$11,942,456 | ~1.9488% | ~$232,739 | +63.5% |
| 2029 | ~$17,279,446 | ~$13,136,702 | ~1.9163% | ~$251,737 | +92.6% |
| 2030 | ~$20,355,575 | ~$14,450,372 | ~1.8837% | ~$272,208 | +126.9% |
| 2026 | ~$10,390,407 | ~$9,869,798 | ~2.0465% | ~$201,984 | +15.8% |
| 2027 | ~$12,032,324 | ~$10,856,778 | ~2.0465% | ~$222,182 | +34.1% |
| 2028 | ~$13,933,701 | ~$11,942,456 | ~2.0465% | ~$244,401 | +55.3% |
| 2029 | ~$16,135,538 | ~$13,136,702 | ~2.0465% | ~$268,841 | +79.8% |
| 2030 | ~$18,685,315 | ~$14,450,372 | ~2.0465% | ~$295,725 | +108.2% |
| 2026 | ~$10,749,309 | ~$9,869,798 | ~1.9977% | ~$197,165 | +19.8% |
| 2027 | ~$12,877,913 | ~$10,856,778 | ~1.9488% | ~$211,581 | +43.5% |
| 2028 | ~$15,428,028 | ~$11,942,456 | ~1.9000% | ~$226,909 | +71.9% |
| 2029 | ~$18,483,124 | ~$13,136,702 | ~1.8512% | ~$243,186 | +106.0% |
| 2030 | ~$22,143,197 | ~$14,450,372 | ~1.8024% | ~$260,449 | +146.8% |
In 2025, this property's market value of $8,972,544 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× 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 | $8,972,544 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $6,932,687 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,850,287 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $4,660,614 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $4,659,093 | $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.