616 W 7 ST TX 78701
| Owner | SIX-TEN-TWELVE-SIXTEEN NUECES LLC |
|---|---|
| Parcel ID | 0107000709 |
| Short ID | 807119 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 6,257 SF |
| Land SF | 10,041 SF |
| Acres | 0.231 |
| Year Built | 1968 |
| Legal | LOT 5A BLOCK 075 ORIGINAL CITY AMENDED PLAT OF LOTS 5&6 |
| Neighborhood | 31CBD |
| Land | $1,847,467 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,847,467 |
| Improvement | $619,733 |
|---|---|
| Total Improvement | $619,733 |
| Market | $2,467,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,467,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,467,200 |
| Taxable Value | $2,467,200 |
|---|
Appreciation: Market value has fallen -14.1% from $2,872,000 (2021) to $2,467,200 (2025), a CAGR of -3.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 lagged 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 $50,491. 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 75% of market value ($1,847,467 land vs $619,733 improvements), about $184/SF of land. With value concentrated in the land under a ~58-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 $2,467,200, 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 -3.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,040,466 by 2030, with an estimated annual tax burden around $38,437. 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 |
|---|---|---|---|
| 611 | TERRACE | 5,931 SF | ✗ |
| 1ST | 1st Floor | 5,927 SF | ✓ |
| 501 | CANOPY | 3,497 SF | ✗ |
| 551 | PAVED AREA | 1,980 SF | ✗ |
| 327 | STORAGE COMM'L | 330 SF | ✓ |
| 2ND | 2nd Floor | 330 SF | ✓ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
Market value changed by 89% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $22,826.53 | $22,826.53 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,928.55 | $12,928.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $9,272.85 | $9,272.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,911.86 | $2,911.86 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,551.08 | $2,551.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $50,490.87 | $50,490.87 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,467,200 | $2,467,200 | +0.0% |
| Assessed Value | $2,467,200 | $2,467,200 | +0.0% |
| Land Value | $4,518,261 | $1,847,467 | +144.6% |
| Improvement Value | — | $619,733 | — |
| Taxable Value | $2,467,200 | $2,467,200 | +0.0% |
| Total Tax 2026 = estimate |
~$50,491
Estimated
|
~$50,491
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $4,663,662 | $2,467,200 | -2,196,462 (-47.1%) |
| Taxable Value | $2,960,640 | $2,467,200 | -493,440 (-16.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,467,200 | $4,518,261 | — | — | $2,467,200 | $2,467,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,467,200 | $1,847,467 | $619,733 | — | $2,467,200 | $2,467,200 | ~$50,491 | Partial |
| 2024 | $2,500,000 | — | — | −$652,533 | $1,847,467 | $— | $55,431 | Verified |
| 2023 | $2,466,816 | — | — | −$988,843 | $1,477,973 | $— | $45,231 | Verified |
| 2022 | $2,529,417 | — | — | −$1,051,444 | $1,477,973 | $— | $48,718 | Verified |
| 2021 | $2,872,000 | — | — | −$1,394,027 | $1,477,973 | $— | $55,057 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +89.0% ! | +20.0% | 63.5% | Not available | Partial |
| 2025 | -11.8% | -11.8% | ~100% | Not available | Partial |
| 2024 | +11.9% | +11.9% | ~100% | 1.9800% | Verified |
| 2023 | +1.3% | +1.3% | ~100% | 1.8100% | Verified |
| 2022 | -2.5% | -2.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | -2.9% | -3.7% | +1.3% | 2024 | -11.9% | 2022 |
| Assessment Ratio | 100.0% | 74.0% | — | 100.0% | 2025 | 51.5% | 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 |
$50,491 | $50,986 | ~$43,020 | $55,431 | 2024 | $45,231 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,375,250 | ~$2,375,250 | ~2.0139% | ~$47,836 | -3.7% |
| 2027 | ~$2,286,727 | ~$2,286,727 | ~1.9814% | ~$45,309 | -7.3% |
| 2028 | ~$2,201,503 | ~$2,201,503 | ~1.9488% | ~$42,904 | -10.8% |
| 2029 | ~$2,119,455 | ~$2,119,455 | ~1.9163% | ~$40,615 | -14.1% |
| 2030 | ~$2,040,466 | ~$2,040,466 | ~1.8837% | ~$38,437 | -17.3% |
| 2026 | ~$2,343,840 | ~$2,343,840 | ~2.0465% | ~$47,966 | -5.0% |
| 2027 | ~$2,226,648 | ~$2,226,648 | ~2.0465% | ~$45,568 | -9.8% |
| 2028 | ~$2,115,316 | ~$2,115,316 | ~2.0465% | ~$43,290 | -14.3% |
| 2029 | ~$2,009,550 | ~$2,009,550 | ~2.0465% | ~$41,125 | -18.5% |
| 2030 | ~$1,909,072 | ~$1,909,072 | ~2.0465% | ~$39,069 | -22.6% |
| 2026 | ~$2,424,594 | ~$2,424,594 | ~1.9977% | ~$48,435 | -1.7% |
| 2027 | ~$2,382,724 | ~$2,382,724 | ~1.9488% | ~$46,435 | -3.4% |
| 2028 | ~$2,341,577 | ~$2,341,577 | ~1.9000% | ~$44,490 | -5.1% |
| 2029 | ~$2,301,140 | ~$2,301,140 | ~1.8512% | ~$42,599 | -6.7% |
| 2030 | ~$2,261,402 | ~$2,261,402 | ~1.8024% | ~$40,759 | -8.3% |
In 2025, this property's market value of $2,467,200 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +74% 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 | $2,467,200 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,500,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,466,816 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,529,417 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,872,000 | $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.