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602 E 7 ST TX 78701

Travis County, TX · Commercial Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$1,341,237
2025 Verified
Taxable Value
$1,014,518
2025 Verified (24% below market)
Total Tax
~$21,238
2025 Partial
Effective Tax Rate (2025)
1.5800%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$1,250,469
-6.8% 2025 → 2026 Preliminary
Taxable Value
$1,217,422
2026 Preliminary (3% below market)
Est. 2026 Total Tax
~$24,914
2026 Estimated
Est. 2026 Effective Tax Rate
1.9924%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 19, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
6 days to next
Roll Certified
Jul 25
This parcel's 2026 values are still Preliminary as of today.
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
Property Info
Owner CABOT-CHASE LTD
Parcel ID 0206041210
Short ID 194640
Type Real
Use Code 31 Night Club / Bar
Valuation Income
Improvement SF 1,773 SF
Land SF 4,864 SF
Acres 0.112
Year Built 1950
Legal W 38FT OF LOT 2 BLOCK 089 ORIGINAL CITY
Neighborhood 31CBD
Current Values 2025 Certified
Land$1,702,400
Special Use Land MarketNot Available
Total Land $1,702,400
Improvement
Total Improvement
Market$1,341,237
Special Use Exclusion (−)Not Available
Appraised$1,341,237
Value Limitation Adjustment (−) (homestead cap)−$326,719
Net Appraised (assessed) $1,014,518
Taxable Value $1,014,518
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has risen +90.5% from $703,934 (2021) to $1,341,237 (2025), a CAGR of 17.5% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +17.8%, 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 $20,762. Austin ISD is the largest single contributor, at 44.2% of the total 2025 levy.

Assessment Gap: Assessed value ($1,014,518) is $326,719 below market value, suggesting potential for an upward assessment in future years.

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.


Investment Snapshot — 2025 certified basis
Building (Main)
1,773 SF
living area
Gross Building
1,773 SF
enclosed area
Land
4,864 SF
0.112 ac
Value / Bldg SF
$756
all-in (incl. land)
Land $/SF
$350
land value only
Land Value Share
127%
Year Built
1950
~76 yrs old
Eff. Tax Rate
1.580%
total tax ÷ market value
Assessment Ratio
75.6%
below typical ~100%
Est. Annual Tax
$20,762
2025 taxable × rate

Value Composition: Land carries 127% of market value ($1,702,400 land vs $0 improvements), about $350/SF of land. With value concentrated in the land under a ~76-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 $1,341,237, this parcel sits in the lower-middle (25th–50th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +12.2% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,221,334 by 2031, with an estimated annual tax burden around $36,934. 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.

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Improvement Detail
Improvement Value
Not Available
Main Area
1,773 SF
Gross Building Area
1,773 SF
Year Built
1950
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
2 components · show ▾hide ▴
Code Description SF In Gross
1ST 1st Floor 1,773 SF
501 CANOPY 72 SF
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 1,773 SF main area · 1,773 SF gross · 0.112 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $9,386.32 $9,386.32 Paid
CAT City of Austin 0.5410% 0.4627% 0.4458% 0.4776% 0.5240% +0.0464% $5,316.25 $5,316.25 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $3,813.02 $3,813.02 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $1,197.36 $1,197.36 Paid
ACT Austin Community College 0.1048% 0.0987% 0.0986% 0.1013% 0.1034% +0.0021% $1,049.01 $1,049.01 Paid
P2U $475.93 $475.93 Paid
Combined Rate 2.1767% 1.9749% 1.8092% 1.9818% 2.0465% +0.0647% $21,237.89 $21,237.89 Paid
2025 Tax Burden — Entity Split
IAU
44.2% $9,386
CAT
25.0% $5,316
TCO
18.0% $3,813
THD
5.6% $1,197
ACT
4.9% $1,049
P2U
2.2% $476
Total: $21,238
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
IAU Austin ISD 0.9252% $9,386.32 44.2%
CAT City of Austin 0.5240% $5,316.25 25.0%
TCO Travis County 0.3758% $3,813.02 18.0%
THD Travis Central Health 0.1180% $1,197.36 5.6%
ACT Austin Community College 0.1034% $1,049.01 4.9%
P2U $475.93 2.2%
Total 2.0465% 5 of 6 $21,237.89 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $1,250,469 $1,341,237 -6.8%
Assessed Value $1,217,422 $1,014,518 +20.0%
Land Value $1,216,000 $1,702,400 -28.6%
Improvement Value $34,469
Taxable Value $1,217,422 $1,014,518 +20.0%
HS Cap Loss -$33,047
Total Tax 2026 = estimate
~$24,914
Estimated
~$21,238
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $1,250,469 $1,216,000 $34,469 −$33,047 $1,217,422 $1,217,422 Not yet — post-cert Preliminary
2025 $1,341,237 $1,702,400 −$326,719 $1,014,518 $1,014,518 ~$21,238 Partial
2024 $1,308,890 $1,702,400 −$463,458 $845,432 $845,432 $17,074 Verified
2023 $722,192 $656,640 $65,552 $722,192 $722,192 $12,936 Verified
2022 $704,527 $656,640 $47,887 $704,527 $704,527 $14,118 Verified
2021 $703,934 $656,640 $47,294 $703,934 $703,934 $15,526 Verified
Value Trend
Market Value vs. Taxable Value gap up to 35.4%
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 -6.8% +20.0% 97.4% Not available Partial
2025 +2.5% +20.0% 75.6% Not available Partial
2024 +81.2% ! +17.1% 64.6% No billing data Verified
2023 +2.5% +2.5% ~100% No billing data Verified
2022 +0.1% +0.1% ~100% No billing data Verified
2021 base year ~100% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): +90.5%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
!
Large Value Jump

Market value changed by 81% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$1,402,753 ~$1,339,164 ~2.0139% ~$26,970 +12.2%
2028 ~$1,573,582 ~$1,473,081 ~1.9814% ~$29,187 +25.8%
2029 ~$1,765,215 ~$1,620,389 ~1.9488% ~$31,579 +41.2%
2030 ~$1,980,185 ~$1,782,428 ~1.9163% ~$34,157 +58.4%
2031 ~$2,221,334 ~$1,960,670 ~1.8837% ~$36,934 +77.6%
Submarket Position
Where This Property Stands — Commercial Benchmark

In 2025, this property's market value of $1,341,237 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -3% below the county median of $1,382,921. 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 $1,341,237 $632,506 $1,382,921 $3,258,143 ↓ Below median -0.8%
2024 $1,308,890 $647,500 $1,401,787 $3,362,090 ↓ Below median +0.0%
2023 $722,192 $651,680 $1,383,015 $3,277,245 ↓ Below median +9.7%
2022 $704,527 $535,964 $1,190,250 $2,842,216 ↓ Below median +3.3%
2021 $703,934 $538,645 $1,173,514 $2,782,974 ↓ Below median base yr
Documents & Sources
Source What it provides Coverage for this parcel Confidence
TCAD Certified Appraisal Roll ↗ Market, assessed, and taxable value; land/improvement split; exemptions 2025 Certified
Texas Comptroller Annual Jurisdiction Roll (AJR) Prior-year market and taxable value 2021–2024 Verified
TCAD Preliminary Export ↗ First-look 2026 appraisal value, subject to change at certification 2026 (exported June 9, 2026; certifies July 25, 2026) Preliminary
Travis County Rates History ↗ Adopted tax rate for each of this parcel's taxing entities 1990–2025 Verified
TaxCurOpenData Current-year (2025) tax billing, by taxing entity 2025 Partial
PIR bulk billing export Prior-year tax billing, Travis County Tax Office 2021, 2022, 2023, 2024 Verified
Satellite imagery (Esri World Imagery) Aerial view of the parcel Located by geocoding this parcel's address — may not resolve for every address