611 E 7 ST TX 78701
| Owner | DAYWOOD JAMES C TRUSTEE |
|---|---|
| Parcel ID | 0206041107 |
| Short ID | 194623 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 4,092 SF |
| Land SF | 8,320 SF |
| Acres | 0.191 |
| Year Built | 1940 |
| Legal | W 65FT OF LOT 6 BLOCK 064 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $2,912,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,912,000 |
| Improvement | $57,934 |
|---|---|
| Total Improvement | $57,934 |
| Market | $2,969,934 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,969,934 |
| Value Limitation Adjustment (−) (homestead cap) | −$737,934 |
| Net Appraised (assessed) | $2,232,000 |
| Taxable Value | $2,232,000 |
|---|
Appreciation: Market value has risen +73.7% from $1,709,779 (2021) to $2,969,934 (2025), a CAGR of 14.8% 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 $45,678. Austin ISD is the largest single contributor, at 43.7% of the total 2025 levy.
Assessment Gap: Assessed value ($2,232,000) is $737,934 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.
Value Composition: Land carries 98% of market value ($2,912,000 land vs $57,934 improvements), about $350/SF of land. With value concentrated in the land under a ~86-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 $2,969,934, 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 +14.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,922,503 by 2030, with an estimated annual tax burden around $67,714. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,092 SF | ✓ |
| 611 | TERRACE | 3,250 SF | ✗ |
| 551 | PAVED AREA | 1,900 SF | ✗ |
| SO | Sketch Only | 1,040 SF | ✗ |
| 501 | CANOPY | 129 SF | ✗ |
| 289 | SHED FV | 1 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
Market value changed by 95% in 2024, 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% | $20,650.46 | $20,650.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,696.06 | $11,696.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,388.86 | $8,388.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,634.27 | $2,634.27 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,307.89 | $2,307.89 | Paid |
| P2U | — | — | — | — | — | — | $1,602.10 | $1,602.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,279.64 | $47,279.64 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,973,834 | $2,969,934 | +0.1% |
| Assessed Value | $2,678,400 | $2,232,000 | +20.0% |
| Land Value | $3,744,000 | $2,912,000 | +28.6% |
| Improvement Value | — | $57,934 | — |
| Taxable Value | $2,678,400 | $2,232,000 | +20.0% |
| HS Cap Loss | -$295,434 | — | |
| Total Tax 2026 = estimate |
~$54,813
Estimated
|
~$47,280
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,805,834 | $2,973,834 | -832,000 (-21.9%) |
| Taxable Value | $2,678,400 | $2,678,400 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,973,834 | $3,744,000 | — | −$295,434 | $2,678,400 | $2,678,400 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,969,934 | $2,912,000 | $57,934 | −$737,934 | $2,232,000 | $2,232,000 | ~$47,280 | Partial |
| 2024 | $1,550,000 | — | — | — | $2,912,000 ! | $— | $38,120 | Verified |
| 2023 | $1,453,030 | — | — | −$205,030 | $1,248,000 | $— | $29,015 | Verified |
| 2022 | $1,259,138 | — | — | −$11,138 | $1,248,000 | $— | $29,649 | Verified |
| 2021 | $1,709,779 | — | — | −$461,779 | $1,248,000 | $— | $28,167 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.1% | +20.0% | 70.4% | Not available | Partial |
| 2025 | -1.8% | +20.0% | 75.2% | Not available | Partial |
| 2024 | +95.1% ! | +20.0% | 61.5% | 1.2600% | Verified |
| 2023 | +6.7% | +6.7% | ~100% | 1.8700% | Verified |
| 2022 | -3.7% | -3.7% | ~100% | 2.0400% | Verified |
| 2021 | base year | — | ~100% | 1.6500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +96.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +17.5% | +14.8% | +91.6% | 2025 | -26.4% | 2022 |
| Assessment Ratio | 90.1% | 101.9% | — | 187.9% | 2024 | 73.0% | 2021 |
| Effective Tax Rate (2025) | 1.5900% | 1.5900% | — | 1.5900% | 2025 | 1.5900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$47,280 | $34,446 | ~$58,238 | $47,280 | 2025 | $28,167 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,409,561 | ~$2,455,200 | ~2.0139% | ~$49,446 | +14.8% |
| 2027 | ~$3,914,265 | ~$2,700,720 | ~1.9814% | ~$53,512 | +31.8% |
| 2028 | ~$4,493,678 | ~$2,970,792 | ~1.9488% | ~$57,896 | +51.3% |
| 2029 | ~$5,158,859 | ~$3,267,871 | ~1.9163% | ~$62,622 | +73.7% |
| 2030 | ~$5,922,503 | ~$3,594,658 | ~1.8837% | ~$67,714 | +99.4% |
| 2026 | ~$3,350,163 | ~$2,455,200 | ~2.0465% | ~$50,245 | +12.8% |
| 2027 | ~$3,779,070 | ~$2,700,720 | ~2.0465% | ~$55,270 | +27.2% |
| 2028 | ~$4,262,889 | ~$2,970,792 | ~2.0465% | ~$60,797 | +43.5% |
| 2029 | ~$4,808,650 | ~$3,267,871 | ~2.0465% | ~$66,876 | +61.9% |
| 2030 | ~$5,424,282 | ~$3,594,658 | ~2.0465% | ~$73,564 | +82.6% |
| 2026 | ~$3,468,960 | ~$2,455,200 | ~1.9977% | ~$49,047 | +16.8% |
| 2027 | ~$4,051,835 | ~$2,700,720 | ~1.9488% | ~$52,633 | +36.4% |
| 2028 | ~$4,732,649 | ~$2,970,792 | ~1.9000% | ~$56,446 | +59.4% |
| 2029 | ~$5,527,857 | ~$3,267,871 | ~1.8512% | ~$60,495 | +86.1% |
| 2030 | ~$6,456,680 | ~$3,594,658 | ~1.8024% | ~$64,789 | +117.4% |
In 2025, this property's market value of $2,969,934 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +110% 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 | $2,969,934 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,550,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,453,030 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,259,138 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,709,779 | $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.