607 TRINITY ST TX 78701
| Owner | WOOLDRIDGE ASSOCIATES LLC |
|---|---|
| Parcel ID | 0206040201 |
| Short ID | 194529 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 4,920 SF |
| Land SF | 3,692 SF |
| Acres | 0.085 |
| Year Built | 1900 |
| Legal | S 53.5FT OF LOT 8 BLOCK 066 ORIGINAL CITY (TOTAL SQ FT 3692) |
| Neighborhood | 31CBD |
| Land | $1,033,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,033,760 |
| Improvement | $265,330 |
|---|---|
| Total Improvement | $265,330 |
| Market | $1,299,090 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,299,090 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,299,090 |
| Exemptions (−) (HT) | −$391,105 |
|---|---|
| Taxable Value | $907,985 |
Appreciation: Market value has fallen -6.2% from $1,385,141 (2021) to $1,299,090 (2025), a CAGR of -1.6% 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 $18,582. Austin ISD is the largest single contributor, at 47.1% 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 80% of market value ($1,033,760 land vs $265,330 improvements), about $280/SF of land. With value concentrated in the land under a ~126-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 $1,299,090, this parcel sits in the lower-middle (25th–50th 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 -1.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,199,004 by 2030, with an estimated annual tax burden around $22,586. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 3,120 SF | ✓ |
| 2ND | 2nd Floor | 1,800 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $10,209.92 | $10,209.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,758.00 | $4,758.00 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,412.62 | $3,412.62 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,343.26 | $1,343.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,071.63 | $1,071.63 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| P2U | — | — | — | — | — | — | $377.39 | $377.39 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,672.82 | $21,672.82 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,357,634 | $1,299,090 | +4.5% |
| Assessed Value | $1,357,634 | $1,299,090 | +4.5% |
| Land Value | $2,953,600 | $1,033,760 | +185.7% |
| Improvement Value | — | $265,330 | — |
| Taxable Value | $1,357,634 | $907,985 | +49.5% |
| Exemptions | — | HT | |
| Total Tax 2026 = estimate |
~$27,784
Estimated
|
~$21,673
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,357,634 | $1,357,634 | +0 (+0.0%) |
| Taxable Value | $1,357,634 | $1,357,634 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,357,634 | $2,953,600 | — | — | $1,357,634 | $1,357,634 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,299,090 | $1,033,760 | $265,330 | — | $1,299,090 | $907,985 | ~$21,673 | Partial |
| 2024 | $1,250,000 | — | — | −$216,240 | $1,033,760 | $— | $21,937 | Verified |
| 2023 | $1,202,957 | — | — | −$523,629 | $679,328 | $— | $17,558 | Verified |
| 2022 | $1,204,700 | — | — | −$525,372 | $679,328 | $— | $18,581 | Verified |
| 2021 | $1,385,141 | — | — | −$705,813 | $679,328 | $— | $20,270 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.5% | +4.5% | ~100% | Not available | Partial |
| 2025 | -5.3% | -5.3% | ~100% | Not available | Partial |
| 2024 | +9.8% | +9.8% | ~100% | 1.6000% | Verified |
| 2023 | +3.9% | +3.9% | ~100% | 1.4000% | Verified |
| 2022 | -0.1% | -0.1% | ~100% | 1.5400% | Verified |
| 2021 | base year | — | ~100% | 1.4600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | -0.2% | -2.4% | +4.5% | 2026 | -13.0% | 2022 |
| Assessment Ratio | 100.0% | 74.1% | — | 100.0% | 2025 | 49.0% | 2021 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,673 | $20,004 | ~$24,147 | $21,937 | 2024 | $17,558 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,278,426 | ~$1,278,426 | ~2.0139% | ~$25,747 | -1.6% |
| 2027 | ~$1,258,090 | ~$1,258,090 | ~1.9814% | ~$24,928 | -3.2% |
| 2028 | ~$1,238,078 | ~$1,238,078 | ~1.9488% | ~$24,128 | -4.7% |
| 2029 | ~$1,218,385 | ~$1,218,385 | ~1.9163% | ~$23,348 | -6.2% |
| 2030 | ~$1,199,004 | ~$1,199,004 | ~1.8837% | ~$22,586 | -7.7% |
| 2026 | ~$1,252,444 | ~$1,252,444 | ~2.0465% | ~$25,631 | -3.6% |
| 2027 | ~$1,207,473 | ~$1,207,473 | ~2.0465% | ~$24,711 | -7.1% |
| 2028 | ~$1,164,117 | ~$1,164,117 | ~2.0465% | ~$23,823 | -10.4% |
| 2029 | ~$1,122,317 | ~$1,122,317 | ~2.0465% | ~$22,968 | -13.6% |
| 2030 | ~$1,082,019 | ~$1,082,019 | ~2.0465% | ~$22,143 | -16.7% |
| 2026 | ~$1,304,408 | ~$1,304,408 | ~1.9977% | ~$26,058 | +0.4% |
| 2027 | ~$1,309,747 | ~$1,309,747 | ~1.9488% | ~$25,525 | +0.8% |
| 2028 | ~$1,315,108 | ~$1,315,108 | ~1.9000% | ~$24,987 | +1.2% |
| 2029 | ~$1,320,492 | ~$1,320,492 | ~1.8512% | ~$24,445 | +1.6% |
| 2030 | ~$1,325,897 | ~$1,325,897 | ~1.8024% | ~$23,898 | +2.1% |
In 2025, this property's market value of $1,299,090 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -8% below 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 | $1,299,090 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,250,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,202,957 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,204,700 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,385,141 | $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.