700 W 6 ST TX 78701
| Owner | OLD PECAN ST ENTERPRISES INC |
|---|---|
| Parcel ID | 0107000605 |
| Short ID | 105357 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 17,104 SF |
| Land SF | 11,776 SF |
| Acres | 0.270 |
| Year Built | 1900 |
| Legal | LOT 4 *E 23 FT OF LOT 3 BLOCK 076 ORIGINAL CITY |
| Neighborhood | 32CBD |
| Land | $2,355,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,355,200 |
| Improvement | $338,000 |
|---|---|
| Total Improvement | $338,000 |
| Market | $2,693,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,693,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,693,200 |
| Taxable Value | $2,693,200 |
|---|
Appreciation: Market value has risen +11.5% from $2,414,982 (2021) to $2,693,200 (2025), a CAGR of 2.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 +17.8%, 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 $55,116. Austin ISD is the largest single contributor, at 45.2% 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 87% of market value ($2,355,200 land vs $338,000 improvements), about $200/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 $2,693,200, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +35.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $51,533,925 by 2031, with an estimated annual tax burden around $98,047. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 8,927 SF | ✓ |
| 1ST | 1st Floor | 8,177 SF | ✓ |
| 513C | DECK COVERD COMM | 2,571 SF | ✗ |
| 501 | CANOPY | 706 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 706 SF | ✗ |
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.
| 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% | $24,917.49 | $24,917.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,112.83 | $14,112.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,122.26 | $10,122.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,178.60 | $3,178.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,784.77 | $2,784.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,115.95 | $55,115.95 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $24,917.49 | 45.2% |
| CAT City of Austin | 0.5240% | $14,112.83 | 25.6% |
| TCO Travis County | 0.3758% | $10,122.26 | 18.4% |
| THD Travis Central Health | 0.1180% | $3,178.60 | 5.8% |
| ACT Austin Community College | 0.1034% | $2,784.77 | 5.1% |
| Total | 2.0465% | $55,115.95 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $11,155,873 | $2,693,200 | +314.2% |
| Assessed Value | $3,231,840 | $2,693,200 | +20.0% |
| Land Value | $8,832,000 | $2,355,200 | +275.0% |
| Improvement Value | $2,323,873 | $338,000 | +587.5% |
| Taxable Value | $3,231,840 | $2,693,200 | +20.0% |
| HS Cap Loss | -$7,924,033 | — | |
| Total Tax 2026 = estimate |
~$66,139
Estimated
|
~$55,116
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $11,155,873 | $8,832,000 | $2,323,873 | −$7,924,033 | $3,231,840 | $3,231,840 | Not yet — post-cert | Preliminary |
| 2025 | $2,693,200 | $2,355,200 | $338,000 | — | $2,693,200 | $2,693,200 | ~$55,116 | Partial |
| 2024 | $2,638,854 | $2,355,200 | $283,654 | — | $2,638,854 | $2,638,854 | $52,297 | Verified |
| 2023 | $2,638,854 | $2,166,784 | $472,070 | — | $2,638,854 | $2,638,854 | $47,743 | Verified |
| 2022 | $2,464,562 | $2,166,784 | $297,778 | — | $2,464,562 | $2,464,562 | $48,673 | Verified |
| 2021 | $2,414,982 | $2,166,784 | $248,198 | — | $2,414,982 | $2,414,982 | $52,566 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +314.2% ! | +20.0% | 29.0% | Not available | Partial |
| 2025 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2023 | +7.1% | +7.1% | ~100% | No billing data | Verified |
| 2022 | +2.1% | +2.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +314.2% | +65.1% | +35.8% | +314.2% | 2026 | +0.0% | 2024 |
| Assessment Ratio | 29.0% | 88.2% | — | 100.0% | 2021 | 29.0% | 2026 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$55,116 | $51,279 | ~$84,326 | $55,116 | 2025 | $47,743 | 2023 |
Market value changed by 314% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$15,150,309 | ~$3,555,024 | ~2.0139% | ~$71,596 | +35.8% |
| 2028 | ~$20,574,980 | ~$3,910,526 | ~1.9814% | ~$77,483 | +84.4% |
| 2029 | ~$27,941,992 | ~$4,301,579 | ~1.9488% | ~$83,831 | +150.5% |
| 2030 | ~$37,946,812 | ~$4,731,737 | ~1.9163% | ~$90,674 | +240.2% |
| 2031 | ~$51,533,925 | ~$5,204,911 | ~1.8837% | ~$98,047 | +361.9% |
| 2027 | ~$14,927,192 | ~$3,555,024 | ~2.0465% | ~$72,753 | +33.8% |
| 2028 | ~$19,973,430 | ~$3,910,526 | ~2.0465% | ~$80,028 | +79.0% |
| 2029 | ~$26,725,584 | ~$4,301,579 | ~2.0465% | ~$88,031 | +139.6% |
| 2030 | ~$35,760,349 | ~$4,731,737 | ~2.0465% | ~$96,834 | +220.6% |
| 2031 | ~$47,849,378 | ~$5,204,911 | ~2.0465% | ~$106,518 | +328.9% |
| 2027 | ~$15,373,427 | ~$3,555,024 | ~1.9977% | ~$71,017 | +37.8% |
| 2028 | ~$21,185,455 | ~$3,910,526 | ~1.9488% | ~$76,210 | +89.9% |
| 2029 | ~$29,194,760 | ~$4,301,579 | ~1.9000% | ~$81,731 | +161.7% |
| 2030 | ~$40,232,038 | ~$4,731,737 | ~1.8512% | ~$87,594 | +260.6% |
| 2031 | ~$55,442,033 | ~$5,204,911 | ~1.8024% | ~$93,812 | +397.0% |
In 2025, this property's market value of $2,693,200 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +95% above the county median of $1,382,921. 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 | $2,693,200 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,638,854 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $2,638,854 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $2,464,562 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $2,414,982 | $538,645 | $1,173,514 | $2,782,974 | ↑ Above median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |