606 E 7 ST TX 78701
| Owner | 606 HOLDINGS LLC |
|---|---|
| Parcel ID | 0206041208 |
| Short ID | 194638 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 2,400 SF |
| Land SF | 4,000 SF |
| Acres | 0.092 |
| Year Built | 1949 |
| Legal | E 40FT OF LOT 3 LESS NE TRI BLOCK 089 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $1,400,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,400,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $940,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $940,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $940,000 |
| Taxable Value | $940,000 |
|---|
Appreciation: Market value has risen +3.3% from $909,933 (2021) to $940,000 (2025), a CAGR of 0.8% over 4 years. Growth has been relatively flat for this asset class. 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 $19,237. Austin ISD is the largest single contributor, at 44.3% 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 ($1,400,000 land vs $0 improvements), about $350/SF of land. With value concentrated in the land under a ~77-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 $940,000, 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 +0.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $978,985 by 2030, with an estimated annual tax burden around $18,442. 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 | 2,400 SF | ✓ |
| 511 | DECK | 637 SF | ✗ |
| 327 | STORAGE COMM'L | 35 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% | $8,696.88 | $8,696.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,925.76 | $4,925.76 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,532.94 | $3,532.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,109.42 | $1,109.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $971.96 | $971.96 | Paid |
| P2U | — | — | — | — | — | — | $407.00 | $407.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,643.96 | $19,643.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $940,000 | $940,000 | +0.0% |
| Assessed Value | $940,000 | $940,000 | +0.0% |
| Land Value | $1,000,000 | $1,400,000 | -28.6% |
| Improvement Value | — | — | — |
| Taxable Value | $940,000 | $940,000 | +0.0% |
| Total Tax 2026 = estimate |
~$19,237
Estimated
|
~$19,644
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,043,126 | $940,000 | -103,126 (-9.9%) |
| Taxable Value | $1,043,126 | $940,000 | -103,126 (-9.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $940,000 | $1,000,000 | — | — | $940,000 | $940,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $940,000 | $1,400,000 | — | — | $940,000 | $940,000 | ~$19,644 | Partial |
| 2024 | $800,000 | — | — | — | $1,400,000 ! | $— | $19,451 | Verified |
| 2023 | $773,108 | — | — | −$233,108 | $540,000 | $— | $14,751 | Verified |
| 2022 | $803,552 | — | — | −$263,552 | $540,000 | $— | $15,541 | Verified |
| 2021 | $909,933 | — | — | −$369,933 | $540,000 | $— | $17,794 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.0% | +11.0% | ~100% | Not available | Partial |
| 2025 | -36.5% | -2.1% | ~100% | Not available | Partial |
| 2024 | +74.1% | +12.9% | 64.8% | 1.3100% | Verified |
| 2023 | +10.0% | +10.0% | ~100% | 1.7300% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 2.0100% | Verified |
| 2021 | base year | — | ~100% | 1.9600% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +17.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.1% | +0.8% | +17.5% | 2025 | -11.7% | 2022 |
| Assessment Ratio | 100.0% | 95.2% | — | 175.0% | 2024 | 59.3% | 2021 |
| Effective Tax Rate (2025) | 2.0900% | 2.0900% | — | 2.0900% | 2025 | 2.0900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,644 | $17,436 | ~$18,767 | $19,644 | 2025 | $14,751 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$947,671 | ~$947,671 | ~2.0139% | ~$19,085 | +0.8% |
| 2027 | ~$955,404 | ~$955,404 | ~1.9814% | ~$18,930 | +1.6% |
| 2028 | ~$963,200 | ~$963,200 | ~1.9488% | ~$18,771 | +2.5% |
| 2029 | ~$971,061 | ~$971,061 | ~1.9163% | ~$18,608 | +3.3% |
| 2030 | ~$978,985 | ~$978,985 | ~1.8837% | ~$18,442 | +4.1% |
| 2026 | ~$928,871 | ~$928,871 | ~2.0465% | ~$19,009 | -1.2% |
| 2027 | ~$917,873 | ~$917,873 | ~2.0465% | ~$18,784 | -2.4% |
| 2028 | ~$907,006 | ~$907,006 | ~2.0465% | ~$18,562 | -3.5% |
| 2029 | ~$896,267 | ~$896,267 | ~2.0465% | ~$18,342 | -4.7% |
| 2030 | ~$885,656 | ~$885,656 | ~2.0465% | ~$18,125 | -5.8% |
| 2026 | ~$966,471 | ~$966,471 | ~1.9977% | ~$19,307 | +2.8% |
| 2027 | ~$993,687 | ~$993,687 | ~1.9488% | ~$19,365 | +5.7% |
| 2028 | ~$1,021,669 | ~$1,021,669 | ~1.9000% | ~$19,412 | +8.7% |
| 2029 | ~$1,050,440 | ~$1,050,440 | ~1.8512% | ~$19,446 | +11.7% |
| 2030 | ~$1,080,021 | ~$1,080,021 | ~1.8024% | ~$19,466 | +14.9% |
In 2025, this property's market value of $940,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -34% 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 | $940,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $800,000 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $773,108 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $803,552 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $909,933 | $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.