1614 E 6 ST TX 78702
| Owner | IRP CANDELA APARTMENTS LLC |
|---|---|
| Parcel ID | 0204080517 |
| Short ID | 191974 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 32,000 SF |
| Acres | 0.735 |
| Year Built | — |
| Legal | LOT 4-8 OLT 5 DIV A MCFALLS J K P SUBD |
| Neighborhood | 08EC |
| Land | $4,800,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,800,000 |
| Improvement | $35,300,000 |
|---|---|
| Total Improvement | $35,300,000 |
| Market | $40,100,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $40,100,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $40,100,000 |
| Taxable Value | $40,100,000 |
|---|
Appreciation: Market value has risen +4.7% from $38,300,000 (2021) to $40,100,000 (2025), a CAGR of 1.2% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has lagged the broader multi-family 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 $820,640. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 12% of market value ($4,800,000 land vs $35,300,000 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $40,100,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $35,416,420 by 2031, with an estimated annual tax burden around $667,154. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 98,532 SF | ✓ |
| 187 | PARKING GARAGE | 50,000 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% | $371,005.20 | $371,005.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $210,130.82 | $210,130.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $150,713.85 | $150,713.85 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $47,327.22 | $47,327.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $41,463.40 | $41,463.40 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $820,640.49 | $820,640.49 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $371,005.20 | 45.2% |
| CAT City of Austin | 0.5240% | $210,130.82 | 25.6% |
| TCO Travis County | 0.3758% | $150,713.85 | 18.4% |
| THD Travis Central Health | 0.1180% | $47,327.22 | 5.8% |
| ACT Austin Community College | 0.1034% | $41,463.40 | 5.1% |
| Total | 2.0465% | $820,640.49 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $36,830,000 | $40,100,000 | -8.2% |
| Assessed Value | $36,830,000 | $40,100,000 | -8.2% |
| Land Value | $4,800,000 | $4,800,000 | +0.0% |
| Improvement Value | $32,030,000 | $35,300,000 | -9.3% |
| Taxable Value | $36,830,000 | $40,100,000 | -8.2% |
| Total Tax 2026 = estimate |
~$753,720
Estimated
|
~$820,640
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $36,830,000 | $4,800,000 | $32,030,000 | — | $36,830,000 | $36,830,000 | Not yet — post-cert | Preliminary |
| 2025 | $40,100,000 | $4,800,000 | $35,300,000 | — | $40,100,000 | $40,100,000 | ~$820,640 | Partial |
| 2024 | $43,040,666 | $4,800,000 | $38,240,666 | — | $43,040,666 | $43,040,666 | $814,611 | Verified |
| 2023 | $44,970,000 | $4,800,000 | $40,170,000 | — | $44,970,000 | $44,970,000 | $754,259 | Verified |
| 2022 | $42,560,000 | $4,000,000 | $38,560,000 | — | $42,560,000 | $42,560,000 | $779,362 | Verified |
| 2021 | $38,300,000 | $3,680,000 | $34,620,000 | — | $38,300,000 | $38,300,000 | $793,992 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -8.2% | -8.2% | ~100% | Not available | Partial |
| 2025 | -6.8% | -6.8% | ~100% | Not available | Partial |
| 2024 | -4.3% | -4.3% | ~100% | No billing data | Verified |
| 2023 | +5.7% | +5.7% | ~100% | No billing data | Verified |
| 2022 | +11.1% | +11.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.2% | -0.5% | -0.8% | +11.1% | 2022 | -8.2% | 2026 |
| 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 |
$820,640 | $792,573 | ~$701,326 | $820,640 | 2025 | $754,259 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$36,542,841 | ~$36,542,841 | ~2.0139% | ~$735,950 | -0.8% |
| 2028 | ~$36,257,921 | ~$36,257,921 | ~1.9814% | ~$718,410 | -1.6% |
| 2029 | ~$35,975,222 | ~$35,975,222 | ~1.9488% | ~$701,099 | -2.3% |
| 2030 | ~$35,694,728 | ~$35,694,728 | ~1.9163% | ~$684,015 | -3.1% |
| 2031 | ~$35,416,420 | ~$35,416,420 | ~1.8837% | ~$667,154 | -3.8% |
| 2027 | ~$35,806,241 | ~$35,806,241 | ~2.0465% | ~$732,769 | -2.8% |
| 2028 | ~$34,810,939 | ~$34,810,939 | ~2.0465% | ~$712,401 | -5.5% |
| 2029 | ~$33,843,304 | ~$33,843,304 | ~2.0465% | ~$692,598 | -8.1% |
| 2030 | ~$32,902,566 | ~$32,902,566 | ~2.0465% | ~$673,346 | -10.7% |
| 2031 | ~$31,987,977 | ~$31,987,977 | ~2.0465% | ~$654,629 | -13.1% |
| 2027 | ~$37,279,441 | ~$37,279,441 | ~1.9977% | ~$744,717 | +1.2% |
| 2028 | ~$37,734,367 | ~$37,734,367 | ~1.9488% | ~$735,382 | +2.5% |
| 2029 | ~$38,194,844 | ~$38,194,844 | ~1.9000% | ~$725,708 | +3.7% |
| 2030 | ~$38,660,940 | ~$38,660,940 | ~1.8512% | ~$715,689 | +5.0% |
| 2031 | ~$39,132,724 | ~$39,132,724 | ~1.8024% | ~$705,317 | +6.3% |
In 2025, this property's market value of $40,100,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 77× the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $40,100,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $43,040,666 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $44,970,000 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $42,560,000 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $38,300,000 | $353,349 | $436,046 | $657,886 | ↑ 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 | — |