614 E 7 ST TX 78701
| Owner | 606 HOLDINGS LLC |
|---|---|
| Parcel ID | 0206041207 |
| Short ID | 194637 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 1,581 SF |
| Land SF | 3,010 SF |
| Acres | 0.069 |
| Year Built | 1925 |
| Legal | LOT 4 LESS NE TRI BLOCK 089 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $1,053,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,053,500 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $705,500 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $705,500 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $705,500 |
| Taxable Value | $705,500 |
|---|
Appreciation: Market value has risen +17.7% from $599,433 (2021) to $705,500 (2025), a CAGR of 4.2% over 4 years. This represents moderate, steady growth. 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 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 $14,438. Austin ISD is the largest single contributor, at 44.6% 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 149% of market value ($1,053,500 land vs $0 improvements), about $350/SF of land. With value concentrated in the land under a ~101-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 $705,500, 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 +4.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $864,853 by 2030, with an estimated annual tax burden around $16,292. 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 | 1,581 SF | ✓ |
| 551 | PAVED AREA | 600 SF | ✗ |
| 541 | FENCE COMM LF | 70 SF | ✗ |
Market value changed by 98% 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% | $6,527.29 | $6,527.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,696.94 | $3,696.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,651.59 | $2,651.59 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $832.65 | $832.65 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $729.49 | $729.49 | Paid |
| P2U | — | — | — | — | — | — | $190.09 | $190.09 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,628.05 | $14,628.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $705,500 | $705,500 | +0.0% |
| Assessed Value | $705,500 | $705,500 | +0.0% |
| Land Value | $752,500 | $1,053,500 | -28.6% |
| Improvement Value | — | — | — |
| Taxable Value | $705,500 | $705,500 | +0.0% |
| Total Tax 2026 = estimate |
~$14,438
Estimated
|
~$14,628
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $783,024 | $705,500 | -77,524 (-9.9%) |
| Taxable Value | $783,024 | $705,500 | -77,524 (-9.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $705,500 | $752,500 | — | — | $705,500 | $705,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $705,500 | $1,053,500 | — | — | $705,500 | $705,500 | ~$14,628 | Partial |
| 2024 | $560,304 | — | — | — | $1,053,500 ! | $— | $13,484 | Verified |
| 2023 | $509,292 | — | — | −$102,942 | $406,350 | $— | $10,193 | Verified |
| 2022 | $529,344 | — | — | −$122,994 | $406,350 | $— | $10,067 | Verified |
| 2021 | $599,433 | — | — | −$193,083 | $406,350 | $— | $11,551 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.0% | +11.0% | ~100% | Not available | Partial |
| 2025 | -36.5% | +4.9% | ~100% | Not available | Partial |
| 2024 | +98.2% ! | +20.0% | 60.5% | 1.2100% | Verified |
| 2023 | +10.0% | +10.0% | ~100% | 1.8200% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 1.9800% | Verified |
| 2021 | base year | — | ~100% | 1.9300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +4.1% | +4.2% | +25.9% | 2025 | -11.7% | 2022 |
| Assessment Ratio | 100.0% | 102.1% | — | 188.0% | 2024 | 67.8% | 2021 |
| Effective Tax Rate (2025) | 2.0700% | 2.0700% | — | 2.0700% | 2025 | 2.0700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,628 | $11,985 | ~$15,541 | $14,628 | 2025 | $10,067 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$734,829 | ~$734,829 | ~2.0139% | ~$14,799 | +4.2% |
| 2027 | ~$765,377 | ~$765,377 | ~1.9814% | ~$15,165 | +8.5% |
| 2028 | ~$797,195 | ~$797,195 | ~1.9488% | ~$15,536 | +13.0% |
| 2029 | ~$830,335 | ~$830,335 | ~1.9163% | ~$15,912 | +17.7% |
| 2030 | ~$864,853 | ~$864,853 | ~1.8837% | ~$16,292 | +22.6% |
| 2026 | ~$720,719 | ~$720,719 | ~2.0465% | ~$14,749 | +2.2% |
| 2027 | ~$736,266 | ~$736,266 | ~2.0465% | ~$15,068 | +4.4% |
| 2028 | ~$752,148 | ~$752,148 | ~2.0465% | ~$15,393 | +6.6% |
| 2029 | ~$768,373 | ~$768,373 | ~2.0465% | ~$15,725 | +8.9% |
| 2030 | ~$784,948 | ~$784,948 | ~2.0465% | ~$16,064 | +11.3% |
| 2026 | ~$748,939 | ~$748,939 | ~1.9977% | ~$14,961 | +6.2% |
| 2027 | ~$795,052 | ~$795,052 | ~1.9488% | ~$15,494 | +12.7% |
| 2028 | ~$844,005 | ~$844,005 | ~1.9000% | ~$16,036 | +19.6% |
| 2029 | ~$895,971 | ~$895,971 | ~1.8512% | ~$16,586 | +27.0% |
| 2030 | ~$951,137 | ~$951,137 | ~1.8024% | ~$17,143 | +34.8% |
In 2025, this property's market value of $705,500 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -50% 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 | $705,500 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $560,304 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $509,292 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $529,344 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $599,433 | $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.