7031 E U S HY 290 TX 78723
| Owner | TRADE 7031 LLC |
|---|---|
| Parcel ID | 0227200314 |
| Short ID | 228244 |
| Type | Real |
| Use Code | 61 Warehouse (<20,000 SF) |
| Valuation | Cost |
| Improvement SF | 15,750 SF |
| Land SF | 63,162 SF |
| Acres | 1.450 |
| Year Built | 1995 |
| Legal | LOT 3-A *LESS N 44.55 FT AV NORTHEAST TERRACE SUBD |
| Neighborhood | 61EAS |
| Land | $947,430 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $947,430 |
| Improvement | $1,966,572 |
|---|---|
| Total Improvement | $1,966,572 |
| Market | $2,914,002 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,914,002 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,914,002 |
| Taxable Value | $2,914,002 |
|---|
Appreciation: Market value has risen +61.9% from $1,800,000 (2021) to $2,914,002 (2025), a CAGR of 12.8% 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 $59,635. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 33% of market value ($947,430 land vs $1,966,572 improvements), about $15/SF of land. Most value sits in the improvements, so building condition, age (~31 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,914,002, 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 +12.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,321,224 by 2030, with an estimated annual tax burden around $88,405. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 44,000 SF | ✗ |
| 1ST | 1st Floor | 15,750 SF | ✓ |
| 881 | COMMCL FINISHOUT | 3,586 SF | ✓ |
| 541 | FENCE COMM LF | 600 SF | ✗ |
| 408 | LOADING RAMP | 330 SF | ✓ |
| 611 | TERRACE | 280 SF | ✗ |
| 501 | CANOPY | 84 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% | $26,960.35 | $26,960.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,269.87 | $15,269.87 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,952.13 | $10,952.13 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,439.19 | $3,439.19 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,013.08 | $3,013.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59,634.62 | $59,634.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,941,680 | $2,914,002 | +0.9% |
| Assessed Value | $2,941,680 | $2,914,002 | +0.9% |
| Land Value | $947,430 | $947,430 | +0.0% |
| Improvement Value | $1,994,250 | $1,966,572 | +1.4% |
| Taxable Value | $2,941,680 | $2,914,002 | +0.9% |
| Total Tax 2026 = estimate |
~$60,201
Estimated
|
~$59,635
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,941,680 | $2,941,680 | +0 (+0.0%) |
| Taxable Value | $2,941,680 | $2,941,680 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,941,680 | $947,430 | $1,994,250 | — | $2,941,680 | $2,941,680 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,914,002 | $947,430 | $1,966,572 | — | $2,914,002 | $2,914,002 | ~$59,635 | Partial |
| 2024 | $2,098,372 | — | — | −$1,150,942 | $947,430 | $— | $49,903 | Verified |
| 2023 | $1,871,925 | — | — | −$924,495 | $947,430 | $— | $37,965 | Verified |
| 2022 | $1,729,000 | — | — | −$966,928 | $762,072 | $— | $36,969 | Verified |
| 2021 | $1,800,000 | — | — | −$1,164,940 | $635,060 | $— | $37,635 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | ~100% | Not available | Partial |
| 2025 | +2.0% | +15.7% | ~100% | Not available | Partial |
| 2024 | +36.2% | +20.0% | 88.1% | 1.7500% | Verified |
| 2023 | +12.1% | +12.1% | ~100% | 1.8100% | Verified |
| 2022 | +5.6% | +5.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +64.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.9% | +11.3% | +12.6% | +38.9% | 2025 | -3.9% | 2022 |
| Assessment Ratio | 100.0% | 62.5% | — | 100.0% | 2025 | 35.3% | 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 |
$59,635 | $44,421 | ~$76,033 | $59,635 | 2025 | $36,969 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,286,958 | ~$3,205,402 | ~2.0139% | ~$64,555 | +12.8% |
| 2027 | ~$3,707,648 | ~$3,525,942 | ~1.9814% | ~$69,863 | +27.2% |
| 2028 | ~$4,182,181 | ~$3,878,537 | ~1.9488% | ~$75,586 | +43.5% |
| 2029 | ~$4,717,449 | ~$4,266,390 | ~1.9163% | ~$81,756 | +61.9% |
| 2030 | ~$5,321,224 | ~$4,693,029 | ~1.8837% | ~$88,405 | +82.6% |
| 2026 | ~$3,228,678 | ~$3,205,402 | ~2.0465% | ~$65,598 | +10.8% |
| 2027 | ~$3,577,335 | ~$3,525,942 | ~2.0465% | ~$72,158 | +22.8% |
| 2028 | ~$3,963,643 | ~$3,878,537 | ~2.0465% | ~$79,374 | +36.0% |
| 2029 | ~$4,391,668 | ~$4,266,390 | ~2.0465% | ~$87,311 | +50.7% |
| 2030 | ~$4,865,914 | ~$4,693,029 | ~2.0465% | ~$96,042 | +67.0% |
| 2026 | ~$3,345,238 | ~$3,205,402 | ~1.9977% | ~$64,033 | +14.8% |
| 2027 | ~$3,840,292 | ~$3,525,942 | ~1.9488% | ~$68,715 | +31.8% |
| 2028 | ~$4,408,608 | ~$3,878,537 | ~1.9000% | ~$73,693 | +51.3% |
| 2029 | ~$5,061,027 | ~$4,266,390 | ~1.8512% | ~$78,979 | +73.7% |
| 2030 | ~$5,809,997 | ~$4,693,029 | ~1.8024% | ~$84,586 | +99.4% |
In 2025, this property's market value of $2,914,002 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +106% 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 | $2,914,002 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,098,372 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,871,925 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,729,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,800,000 | $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.