617 E 7 ST TX 78701
| Owner | CAPITOL ENDEAVORS LTD |
|---|---|
| Parcel ID | 0206041108 |
| Short ID | 194624 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 2,193 SF |
| Land SF | 5,824 SF |
| Acres | 0.134 |
| Year Built | 1965 |
| Legal | W 41.5FT OF LOT 5 & E4FT OF LOT 6 BLOCK 064 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $2,038,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,038,400 |
| Improvement | $45,695 |
|---|---|
| Total Improvement | $45,695 |
| Market | $2,084,095 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,084,095 |
| Value Limitation Adjustment (−) (homestead cap) | −$867,295 |
| Net Appraised (assessed) | $1,216,800 |
| Taxable Value | $1,216,800 |
|---|
Appreciation: Market value has risen +107.0% from $1,006,904 (2021) to $2,084,095 (2025), a CAGR of 19.9% 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 $24,902. Austin ISD is the largest single contributor, at 44.0% of the total 2025 levy.
Assessment Gap: Assessed value ($1,216,800) is $867,295 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 ($2,038,400 land vs $45,695 improvements), about $350/SF of land. With value concentrated in the land under a ~61-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 $2,084,095, 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 +19.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,174,034 by 2030, with an estimated annual tax burden around $36,915. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,193 SF | ✓ |
| 551 | PAVED AREA | 2,180 SF | ✗ |
| 501 | CANOPY | 572 SF | ✗ |
| 611 | TERRACE | 491 SF | ✗ |
Market value changed by 143% 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% | $11,257.83 | $11,257.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,376.24 | $6,376.24 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,573.28 | $4,573.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,436.10 | $1,436.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,258.17 | $1,258.17 | Paid |
| P2U | — | — | — | — | — | — | $663.04 | $663.04 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $25,564.66 | $25,564.66 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,429,247 | $2,084,095 | -31.4% |
| Assessed Value | $1,429,247 | $1,216,800 | +17.5% |
| Land Value | $1,456,000 | $2,038,400 | -28.6% |
| Improvement Value | — | $45,695 | — |
| Taxable Value | $1,429,247 | $1,216,800 | +17.5% |
| Total Tax 2026 = estimate |
~$29,249
Estimated
|
~$25,565
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,504,470 | $1,429,247 | -75,223 (-5.0%) |
| Taxable Value | $1,460,160 | $1,429,247 | -30,913 (-2.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,429,247 | $1,456,000 | — | — | $1,429,247 | $1,429,247 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,084,095 | $2,038,400 | $45,695 | −$867,295 | $1,216,800 | $1,216,800 | ~$25,565 | Partial |
| 2024 | $875,000 | — | — | — | $2,038,400 ! | $— | $20,608 | Verified |
| 2023 | $830,000 | — | — | −$43,760 | $786,240 | $— | $15,665 | Verified |
| 2022 | $886,533 | — | — | −$100,293 | $786,240 | $— | $16,722 | Verified |
| 2021 | $1,006,904 | — | — | −$220,664 | $786,240 | $— | $19,684 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -27.8% | +20.0% | 97.0% | Not available | Partial |
| 2025 | -2.1% | +15.9% | 58.4% | Not available | Partial |
| 2024 | +143.3% ! | +20.0% | 49.3% | 0.9700% | Verified |
| 2023 | +1.2% | +1.2% | ~100% | 1.7900% | Verified |
| 2022 | -2.5% | -2.5% | ~100% | 1.9300% | Verified |
| 2021 | base year | — | ~100% | 1.9500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +135.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -31.4% | +18.8% | +30.9% | +138.2% | 2025 | -31.4% | 2026 |
| Assessment Ratio | 100.0% | 108.8% | — | 233.0% | 2024 | 58.4% | 2025 |
| Effective Tax Rate (2025) | 1.2300% | 1.2300% | — | 1.2300% | 2025 | 1.2300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$25,565 | $19,648 | ~$31,749 | $25,565 | 2025 | $15,665 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,499,769 | ~$1,338,480 | ~2.0139% | ~$26,956 | +19.9% |
| 2027 | ~$2,998,349 | ~$1,472,328 | ~1.9814% | ~$29,173 | +43.9% |
| 2028 | ~$3,596,372 | ~$1,619,561 | ~1.9488% | ~$31,563 | +72.6% |
| 2029 | ~$4,313,670 | ~$1,781,517 | ~1.9163% | ~$34,139 | +107.0% |
| 2030 | ~$5,174,034 | ~$1,959,669 | ~1.8837% | ~$36,915 | +148.3% |
| 2026 | ~$2,458,087 | ~$1,338,480 | ~2.0465% | ~$27,392 | +17.9% |
| 2027 | ~$2,899,192 | ~$1,472,328 | ~2.0465% | ~$30,131 | +39.1% |
| 2028 | ~$3,419,454 | ~$1,619,561 | ~2.0465% | ~$33,144 | +64.1% |
| 2029 | ~$4,033,077 | ~$1,781,517 | ~2.0465% | ~$36,458 | +93.5% |
| 2030 | ~$4,756,815 | ~$1,959,669 | ~2.0465% | ~$40,104 | +128.2% |
| 2026 | ~$2,541,451 | ~$1,338,480 | ~1.9977% | ~$26,738 | +21.9% |
| 2027 | ~$3,099,174 | ~$1,472,328 | ~1.9488% | ~$28,693 | +48.7% |
| 2028 | ~$3,779,289 | ~$1,619,561 | ~1.9000% | ~$30,772 | +81.3% |
| 2029 | ~$4,608,657 | ~$1,781,517 | ~1.8512% | ~$32,979 | +121.1% |
| 2030 | ~$5,620,029 | ~$1,959,669 | ~1.8024% | ~$35,321 | +169.7% |
In 2025, this property's market value of $2,084,095 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +47% 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 | $2,084,095 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $875,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $830,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $886,533 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,006,904 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.