518 E 6 ST TX 78701
| Owner | SRPF B/PECAN STREET II LP |
|---|---|
| Parcel ID | 0206040607 |
| Short ID | 194585 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 723 SF |
| Land SF | 2,944 SF |
| Acres | 0.068 |
| Year Built | 2015 |
| Legal | E 23FT OF LOT 3 BLOCK 065 ORIGINAL CITY (TOTAL SQ FT 2944) |
| Neighborhood | 31CBD |
| Land | $1,030,400 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,030,400 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $914,350 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $914,350 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $914,350 |
| Taxable Value | $914,350 |
|---|
Appreciation: Market value has risen +0.8% from $906,702 (2021) to $914,350 (2025), a CAGR of 0.2% 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 $18,712. Austin ISD is the largest single contributor, at 43.2% 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 113% of market value ($1,030,400 land vs $0 improvements), about $350/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $914,350, 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 +5.7% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,572,247 by 2031, with an estimated annual tax burden around $29,617. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 2,940 SF | ✗ |
| 1ST | 1st Floor | 723 SF | ✓ |
| 501 | CANOPY | 400 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% | $8,459.57 | $8,459.57 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,791.35 | $4,791.35 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,436.54 | $3,436.54 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,079.14 | $1,079.14 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $945.44 | $945.44 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| P2U | — | — | — | — | — | — | $383.27 | $383.27 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,595.31 | $19,595.31 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $8,459.57 | 43.2% |
| CAT City of Austin | 0.5240% | $4,791.35 | 24.5% |
| TCO Travis County | 0.3758% | $3,436.54 | 17.5% |
| THD Travis Central Health | 0.1180% | $1,079.14 | 5.5% |
| ACT Austin Community College | 0.1034% | $945.44 | 4.8% |
| P3J | — | $500.00 | 2.6% |
| P2U | — | $383.27 | 2.0% |
| Total | 2.0465% 5 of 7 | $19,595.31 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,193,968 | $914,350 | +30.6% |
| Assessed Value | $1,097,220 | $914,350 | +20.0% |
| Land Value | $1,177,600 | $1,030,400 | +14.3% |
| Improvement Value | $16,368 | — | — |
| Taxable Value | $1,097,220 | $914,350 | +20.0% |
| HS Cap Loss | -$96,748 | — | |
| Total Tax 2026 = estimate |
~$22,454
Estimated
|
~$19,595
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $1,193,968 | $1,177,600 | $16,368 | −$96,748 | $1,097,220 | $1,097,220 | Not yet — post-cert | Preliminary |
| 2025 | $914,350 | $1,030,400 | — | — | $914,350 | $914,350 | ~$19,595 | Partial |
| 2024 | $898,929 | $1,030,400 | — | — | $898,929 | $898,929 | $18,684 | Verified |
| 2023 | $914,413 | $883,200 | $31,213 | — | $914,413 | $914,413 | $17,427 | Verified |
| 2022 | $905,487 | $883,200 | $22,287 | — | $905,487 | $905,487 | $18,788 | Verified |
| 2021 | $906,702 | $883,200 | $23,502 | — | $906,702 | $906,702 | $20,643 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.6% | +20.0% | 91.9% | Not available | Partial |
| 2025 | +1.7% | +1.7% | ~100% | Not available | Partial |
| 2024 | -1.7% | -1.7% | ~100% | No billing data | Verified |
| 2023 | +1.0% | +1.0% | ~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): +0.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +30.6% | +6.3% | +5.7% | +30.6% | 2026 | -1.7% | 2024 |
| Assessment Ratio | 91.9% | 98.6% | — | 100.0% | 2021 | 91.9% | 2026 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$19,595 | $19,028 | ~$27,238 | $20,643 | 2021 | $17,427 | 2023 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$1,261,532 | ~$1,206,942 | ~2.0139% | ~$24,307 | +5.7% |
| 2028 | ~$1,332,920 | ~$1,327,636 | ~1.9814% | ~$26,306 | +11.6% |
| 2029 | ~$1,408,347 | ~$1,408,347 | ~1.9488% | ~$27,446 | +18.0% |
| 2030 | ~$1,488,042 | ~$1,488,042 | ~1.9163% | ~$28,515 | +24.6% |
| 2031 | ~$1,572,247 | ~$1,572,247 | ~1.8837% | ~$29,617 | +31.7% |
| 2027 | ~$1,237,653 | ~$1,206,942 | ~2.0465% | ~$24,700 | +3.7% |
| 2028 | ~$1,282,936 | ~$1,282,936 | ~2.0465% | ~$26,255 | +7.5% |
| 2029 | ~$1,329,876 | ~$1,329,876 | ~2.0465% | ~$27,216 | +11.4% |
| 2030 | ~$1,378,533 | ~$1,378,533 | ~2.0465% | ~$28,211 | +15.5% |
| 2031 | ~$1,428,971 | ~$1,428,971 | ~2.0465% | ~$29,244 | +19.7% |
| 2027 | ~$1,285,411 | ~$1,206,942 | ~1.9977% | ~$24,111 | +7.7% |
| 2028 | ~$1,383,858 | ~$1,327,636 | ~1.9488% | ~$25,873 | +15.9% |
| 2029 | ~$1,489,845 | ~$1,460,400 | ~1.9000% | ~$27,748 | +24.8% |
| 2030 | ~$1,603,949 | ~$1,603,949 | ~1.8512% | ~$29,692 | +34.3% |
| 2031 | ~$1,726,792 | ~$1,726,792 | ~1.8024% | ~$31,123 | +44.6% |
In 2025, this property's market value of $914,350 places it in the 25th–50th percentile for Commercial properties in Travis County (13595 comparable) — -34% 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 | $914,350 | $632,506 | $1,382,921 | $3,258,143 | ↓ Below median | -0.8% |
| 2024 | $898,929 | $647,500 | $1,401,787 | $3,362,090 | ↓ Below median | +0.0% |
| 2023 | $914,413 | $651,680 | $1,383,015 | $3,277,245 | ↓ Below median | +9.7% |
| 2022 | $905,487 | $535,964 | $1,190,250 | $2,842,216 | ↓ Below median | +3.3% |
| 2021 | $906,702 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below 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 | — |