506 WEST AVE TX 78701
| Owner | 506 WEST AVENUE LP |
|---|---|
| Parcel ID | 0107000909 |
| Short ID | 105383 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 4,800 SF |
| Land SF | 9,506 SF |
| Acres | 0.218 |
| Year Built | 1964 |
| Legal | 54 X 177 FT OF OLT 11 DIVISION Z |
| Neighborhood | 31CBD |
| Land | $1,330,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,330,840 |
| Improvement | $785,115 |
|---|---|
| Total Improvement | $785,115 |
| Market | $2,115,955 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,115,955 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,115,955 |
| Taxable Value | $2,115,955 |
|---|
Appreciation: Market value has risen +9.0% from $1,940,417 (2021) to $2,115,955 (2025), a CAGR of 2.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $43,303. 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 63% of market value ($1,330,840 land vs $785,115 improvements), about $140/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,115,955, 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 +2.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $2,504,390 by 2031, with an estimated annual tax burden around $47,176. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 4,000 SF | ✓ |
| 551 | PAVED AREA | 3,750 SF | ✗ |
| 2ND | 2nd Floor | 800 SF | ✓ |
| 611 | TERRACE | 704 SF | ✗ |
| 501 | CANOPY | 128 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% | $16,801.22 | $16,801.22 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,515.91 | $9,515.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,825.18 | $6,825.18 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,143.24 | $2,143.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,877.70 | $1,877.70 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,163.25 | $37,163.25 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $16,801.22 | 45.2% |
| CAT City of Austin | 0.5240% | $9,515.91 | 25.6% |
| TCO Travis County | 0.3758% | $6,825.18 | 18.4% |
| THD Travis Central Health | 0.1180% | $2,143.24 | 5.8% |
| ACT Austin Community College | 0.1034% | $1,877.70 | 5.1% |
| Total | 2.0465% | $37,163.25 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,204,441 | $2,115,955 | +4.2% |
| Assessed Value | $2,179,146 | $2,115,955 | +3.0% |
| Land Value | $4,277,700 | $1,330,840 | +221.4% |
| Improvement Value | — | $785,115 | — |
| Taxable Value | $2,179,146 | $2,115,955 | +3.0% |
| HS Cap Loss | -$25,295 | — | |
| Total Tax 2026 = estimate |
~$44,596
Estimated
|
~$37,163
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $2,204,441 | $4,277,700 | — | −$25,295 | $2,179,146 | $2,179,146 | Not yet — post-cert | Preliminary |
| 2025 | $2,115,955 | $1,330,840 | $785,115 | — | $2,115,955 | $2,115,955 | ~$37,163 | Partial |
| 2024 | $2,145,696 | $1,330,840 | $814,856 | — | $2,145,696 | $2,145,696 | $42,524 | Verified |
| 2023 | $1,892,400 | $1,486,738 | $405,662 | — | $1,892,400 | $1,892,400 | $34,238 | Verified |
| 2022 | $1,892,400 | $1,486,738 | $405,662 | — | $1,892,400 | $1,892,400 | $37,373 | Verified |
| 2021 | $1,940,417 | $1,486,738 | $453,679 | — | $1,940,417 | $1,940,417 | $42,237 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.2% | +3.0% | 98.8% | Not available | Partial |
| 2025 | -1.4% | -1.4% | ~100% | Not available | Partial |
| 2024 | +13.4% | +13.4% | ~100% | No billing data | Verified |
| 2023 | +0.0% | +0.0% | ~100% | No billing data | Verified |
| 2022 | -2.5% | -2.5% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.2% | +2.7% | +2.6% | +13.4% | 2024 | -2.5% | 2022 |
| Assessment Ratio | 98.9% | 99.8% | — | 100.0% | 2021 | 98.9% | 2026 |
| Effective Tax Rate (2025) | 1.7600% | 1.7600% | — | 1.7600% | 2025 | 1.7600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$37,163 | $38,707 | ~$46,369 | $42,524 | 2024 | $34,238 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$2,261,409 | ~$2,261,409 | ~2.0139% | ~$45,543 | +2.6% |
| 2028 | ~$2,319,850 | ~$2,319,850 | ~1.9814% | ~$45,965 | +5.2% |
| 2029 | ~$2,379,800 | ~$2,379,800 | ~1.9488% | ~$46,378 | +8.0% |
| 2030 | ~$2,441,300 | ~$2,441,300 | ~1.9163% | ~$46,782 | +10.7% |
| 2031 | ~$2,504,390 | ~$2,504,390 | ~1.8837% | ~$47,176 | +13.6% |
| 2027 | ~$2,217,320 | ~$2,217,320 | ~2.0465% | ~$45,377 | +0.6% |
| 2028 | ~$2,230,275 | ~$2,230,275 | ~2.0465% | ~$45,642 | +1.2% |
| 2029 | ~$2,243,305 | ~$2,243,305 | ~2.0465% | ~$45,909 | +1.8% |
| 2030 | ~$2,256,412 | ~$2,256,412 | ~2.0465% | ~$46,177 | +2.4% |
| 2031 | ~$2,269,595 | ~$2,269,595 | ~2.0465% | ~$46,447 | +3.0% |
| 2027 | ~$2,305,498 | ~$2,305,498 | ~1.9977% | ~$46,056 | +4.6% |
| 2028 | ~$2,411,188 | ~$2,411,188 | ~1.9488% | ~$46,990 | +9.4% |
| 2029 | ~$2,521,723 | ~$2,521,723 | ~1.9000% | ~$47,913 | +14.4% |
| 2030 | ~$2,637,325 | ~$2,637,325 | ~1.8512% | ~$48,822 | +19.6% |
| 2031 | ~$2,758,226 | ~$2,758,226 | ~1.8024% | ~$49,713 | +25.1% |
In 2025, this property's market value of $2,115,955 places it in the 50th–75th percentile for Commercial properties in Travis County (13595 comparable) — +53% 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 | $2,115,955 | $632,506 | $1,382,921 | $3,258,143 | ↑ Above median | -0.8% |
| 2024 | $2,145,696 | $647,500 | $1,401,787 | $3,362,090 | ↑ Above median | +0.0% |
| 2023 | $1,892,400 | $651,680 | $1,383,015 | $3,277,245 | ↑ Above median | +9.7% |
| 2022 | $1,892,400 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,940,417 | $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 | — |