1221 W 6 ST TX 78703
| Owner | PENURY PARTNERS LP |
|---|---|
| Parcel ID | 0108031306 |
| Short ID | 106811 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 10,160 SF |
| Land SF | 20,800 SF |
| Acres | 0.478 |
| Year Built | 1956 |
| Legal | LOT 15&16 BLK 1 OLT 1 DIV Z DUVAL SUBD |
| Neighborhood | 43CEN |
| Land | $5,200,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,200,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,491,189 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,491,189 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,491,189 |
| Taxable Value | $3,491,189 |
|---|
Appreciation: Market value has risen +23.4% from $2,829,801 (2021) to $3,491,189 (2025), a CAGR of 5.4% over 4 years. This represents moderate, steady growth. 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 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 $71,447. 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 149% of market value ($5,200,000 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~70-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 $3,491,189, this parcel sits in the top quartile (≥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 +13.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $10,174,485 by 2031, with an estimated annual tax burden around $162,787. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 14,030 SF | ✗ |
| 1ST | 1st Floor | 5,500 SF | ✓ |
| 2ND | 2nd Floor | 4,660 SF | ✓ |
| 611 | TERRACE | 910 SF | ✗ |
| 501 | CANOPY | 441 SF | ✗ |
| 407 | LOADING DOCK | 277 SF | ✓ |
| 327 | STORAGE COMM'L | 48 SF | ✓ |
| 413 | STAIRWAY EXT | 2 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% | $32,300.48 | $32,300.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $18,294.42 | $18,294.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $13,121.46 | $13,121.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,120.41 | $4,120.41 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,609.89 | $3,609.89 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $71,446.66 | $71,446.66 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $32,300.48 | 45.2% |
| CAT City of Austin | 0.5240% | $18,294.42 | 25.6% |
| TCO Travis County | 0.3758% | $13,121.46 | 18.4% |
| THD Travis Central Health | 0.1180% | $4,120.41 | 5.8% |
| ACT Austin Community College | 0.1034% | $3,609.89 | 5.1% |
| Total | 2.0465% | $71,446.66 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,365,796 | $3,491,189 | +53.7% |
| Assessed Value | $5,365,796 | $3,491,189 | +53.7% |
| Land Value | $5,200,000 | $5,200,000 | +0.0% |
| Improvement Value | $165,796 | — | — |
| Taxable Value | $5,365,796 | $3,491,189 | +53.7% |
| Total Tax 2026 = estimate |
~$109,810
Estimated
|
~$71,447
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $5,365,796 | $5,200,000 | $165,796 | — | $5,365,796 | $5,365,796 | Not yet — post-cert | Preliminary |
| 2025 | $3,491,189 | $5,200,000 | — | — | $3,491,189 | $3,491,189 | ~$71,447 | Partial |
| 2024 | $3,491,189 | $5,200,000 | — | — | $3,491,189 | $3,491,189 | $69,189 | Verified |
| 2023 | $4,173,271 | $3,640,000 | $533,271 | — | $4,173,271 | $4,173,271 | $60,358 | Verified |
| 2022 | $3,869,800 | $3,640,000 | $229,800 | — | $3,869,800 | $3,869,800 | $56,913 | Verified |
| 2021 | $2,829,801 | $2,600,000 | $229,801 | — | $2,829,801 | $2,829,801 | $61,596 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +53.7% | +53.7% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -16.3% | -16.3% | ~100% | No billing data | Verified |
| 2023 | +7.8% | +7.8% | ~100% | No billing data | Verified |
| 2022 | +36.8% | +36.8% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +23.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +53.7% | +16.4% | +13.7% | +53.7% | 2026 | -16.3% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| 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 |
$71,447 | $63,900 | ~$140,006 | $71,447 | 2025 | $56,913 | 2022 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$6,098,314 | ~$5,902,376 | ~2.0139% | ~$118,870 | +13.7% |
| 2028 | ~$6,930,833 | ~$6,492,613 | ~1.9814% | ~$128,644 | +29.2% |
| 2029 | ~$7,877,005 | ~$7,141,874 | ~1.9488% | ~$139,184 | +46.8% |
| 2030 | ~$8,952,344 | ~$7,856,062 | ~1.9163% | ~$150,545 | +66.8% |
| 2031 | ~$10,174,485 | ~$8,641,668 | ~1.8837% | ~$162,787 | +89.6% |
| 2027 | ~$5,990,998 | ~$5,902,376 | ~2.0465% | ~$120,791 | +11.7% |
| 2028 | ~$6,689,047 | ~$6,492,613 | ~2.0465% | ~$132,870 | +24.7% |
| 2029 | ~$7,468,430 | ~$7,141,874 | ~2.0465% | ~$146,157 | +39.2% |
| 2030 | ~$8,338,623 | ~$7,856,062 | ~2.0465% | ~$160,773 | +55.4% |
| 2031 | ~$9,310,209 | ~$8,641,668 | ~2.0465% | ~$176,850 | +73.5% |
| 2027 | ~$6,205,630 | ~$5,902,376 | ~1.9977% | ~$117,910 | +15.7% |
| 2028 | ~$7,176,912 | ~$6,492,613 | ~1.9488% | ~$126,531 | +33.8% |
| 2029 | ~$8,300,216 | ~$7,141,874 | ~1.9000% | ~$135,697 | +54.7% |
| 2030 | ~$9,599,334 | ~$7,856,062 | ~1.8512% | ~$145,431 | +78.9% |
| 2031 | ~$11,101,786 | ~$8,641,668 | ~1.8024% | ~$155,755 | +106.9% |
In 2025, this property's market value of $3,491,189 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +152% 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 | $3,491,189 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $3,491,189 | $647,500 | $1,401,787 | $3,362,090 | ↑ Top 25% | +0.0% |
| 2023 | $4,173,271 | $651,680 | $1,383,015 | $3,277,245 | ↑ Top 25% | +9.7% |
| 2022 | $3,869,800 | $535,964 | $1,190,250 | $2,842,216 | ↑ Top 25% | +3.3% |
| 2021 | $2,829,801 | $538,645 | $1,173,514 | $2,782,974 | ↑ Top 25% | 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 | — |