406 E 6 ST TX 78701
| Owner | 406 E SIXTH STREET LTD |
|---|---|
| Parcel ID | 0206040215 |
| Short ID | 194541 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 3,064 SF |
| Land SF | 2,944 SF |
| Acres | 0.068 |
| Year Built | 1940 |
| Legal | W 23 FT OF LOT 2 BLOCK 066 ORIGINAL CITY (TOTAL SQ FT 2944) |
| Neighborhood | 31CBD |
| Land | $1,177,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,177,600 |
| Improvement | $70,650 |
|---|---|
| Total Improvement | $70,650 |
| Market | $1,248,250 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,248,250 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,248,250 |
| Exemptions on file | HT |
|---|---|
| Taxable Value | $1,248,250 |
Appreciation: Market value has fallen -2.6% from $1,281,758 (2021) to $1,248,250 (2025), a CAGR of -0.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), 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 $25,545. Austin ISD is the largest single contributor, at 46.5% 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 94% of market value ($1,177,600 land vs $70,650 improvements), about $400/SF of land. With value concentrated in the land under a ~86-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 $1,248,250, this parcel sits in the lower-middle (25th–50th 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 -0.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,223,202 by 2031, with an estimated annual tax burden around $23,042. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,840 SF | ✓ |
| 511 | DECK | 1,840 SF | ✗ |
| 2ND | 2nd Floor | 1,224 SF | ✓ |
| 611 | TERRACE | 752 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% | $10,023.50 | $10,023.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,813.23 | $4,813.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,452.23 | $3,452.23 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,290.69 | $1,290.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,084.07 | $1,084.07 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| P2U | — | — | — | — | — | — | $387.14 | $387.14 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,550.86 | $21,550.86 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $10,023.50 | 46.5% |
| CAT City of Austin | 0.5240% | $4,813.23 | 22.3% |
| TCO Travis County | 0.3758% | $3,452.23 | 16.0% |
| ACT Austin Community College | 0.1034% | $1,290.69 | 6.0% |
| THD Travis Central Health | 0.1180% | $1,084.07 | 5.0% |
| P3J | — | $500.00 | 2.3% |
| P2U | — | $387.14 | 1.8% |
| Total | 2.0465% 5 of 7 | $21,550.86 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,252,138 | $1,248,250 | +0.3% |
| Assessed Value | $1,252,138 | $1,248,250 | +0.3% |
| Land Value | $1,177,600 | $1,177,600 | +0.0% |
| Improvement Value | $74,538 | $70,650 | +5.5% |
| Taxable Value | $1,252,138 | $1,248,250 | +0.3% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$25,625
Estimated
|
~$21,551
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,252,138 | $1,177,600 | $74,538 | — | $1,252,138 | $1,252,138 | Not yet — post-cert | Preliminary |
| 2025 | $1,248,250 | $1,177,600 | $70,650 | — | $1,248,250 | $1,248,250 | ~$21,551 | Partial |
| 2024 | $1,247,778 | $1,177,600 | $70,178 | — | $1,247,778 | $918,289 | $20,985 | Verified |
| 2023 | $1,250,000 | $1,177,600 | $72,400 | — | $1,250,000 | $919,400 | $19,269 | Verified |
| 2022 | $1,283,059 | $1,177,600 | $105,459 | — | $1,283,059 | $— | $20,596 | Verified |
| 2021 | $1,281,758 | $1,177,600 | $104,158 | — | $1,281,758 | $935,279 | $22,538 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.3% | +0.3% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -0.2% | -0.2% | ~100% | No billing data | Verified |
| 2023 | -2.6% | -2.6% | ~100% | No billing data | Verified |
| 2022 | +0.1% | +0.1% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): -2.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.3% | -0.5% | -0.5% | +0.3% | 2026 | -2.6% | 2023 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7300% | 1.7300% | — | 1.7300% | 2025 | 1.7300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$21,551 | $20,988 | ~$24,067 | $22,538 | 2021 | $19,269 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,246,297 | ~$1,246,297 | ~2.0139% | ~$25,100 | -0.5% |
| 2028 | ~$1,240,483 | ~$1,240,483 | ~1.9814% | ~$24,579 | -0.9% |
| 2029 | ~$1,234,696 | ~$1,234,696 | ~1.9488% | ~$24,062 | -1.4% |
| 2030 | ~$1,228,936 | ~$1,228,936 | ~1.9163% | ~$23,550 | -1.9% |
| 2031 | ~$1,223,202 | ~$1,223,202 | ~1.8837% | ~$23,042 | -2.3% |
| 2027 | ~$1,221,254 | ~$1,221,254 | ~2.0465% | ~$24,993 | -2.5% |
| 2028 | ~$1,191,132 | ~$1,191,132 | ~2.0465% | ~$24,376 | -4.9% |
| 2029 | ~$1,161,752 | ~$1,161,752 | ~2.0465% | ~$23,775 | -7.2% |
| 2030 | ~$1,133,097 | ~$1,133,097 | ~2.0465% | ~$23,189 | -9.5% |
| 2031 | ~$1,105,149 | ~$1,105,149 | ~2.0465% | ~$22,617 | -11.7% |
| 2027 | ~$1,271,339 | ~$1,271,339 | ~1.9977% | ~$25,397 | +1.5% |
| 2028 | ~$1,290,835 | ~$1,290,835 | ~1.9488% | ~$25,156 | +3.1% |
| 2029 | ~$1,310,630 | ~$1,310,630 | ~1.9000% | ~$24,902 | +4.7% |
| 2030 | ~$1,330,728 | ~$1,330,728 | ~1.8512% | ~$24,634 | +6.3% |
| 2031 | ~$1,351,135 | ~$1,351,135 | ~1.8024% | ~$24,352 | +7.9% |
In 2025, this property's market value of $1,248,250 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -10% below 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 | $1,248,250 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $1,247,778 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $1,250,000 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $1,283,059 | $535,964 | $1,190,250 | $2,842,216 | ↑ Above median | +3.3% |
| 2021 | $1,281,758 | $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 | — |