700 W 6 ST TX 78701
| Owner | OLD PECAN ST ENTERPRISES INC |
|---|---|
| Parcel ID | 0107000605 |
| Short ID | 105357 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 17,104 SF |
| Land SF | 11,776 SF |
| Acres | 0.270 |
| Year Built | 1900 |
| Legal | LOT 4 *E 23 FT OF LOT 3 BLOCK 076 ORIGINAL CITY |
| Neighborhood | 32CBD |
| Land | $2,355,200 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $2,355,200 |
| Improvement | $338,000 |
|---|---|
| Total Improvement | $338,000 |
| Market | $2,693,200 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,693,200 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,693,200 |
| Taxable Value | $2,693,200 |
|---|
Appreciation: Market value has risen +3.6% from $2,600,000 (2021) to $2,693,200 (2025), a CAGR of 0.9% 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 +24.1%, 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 $55,116. 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 87% of market value ($2,355,200 land vs $338,000 improvements), about $200/SF of land. With value concentrated in the land under a ~126-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 $2,693,200, this parcel sits in the upper-middle (50th–75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +0.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,814,412 by 2030, with an estimated annual tax burden around $53,016. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 8,927 SF | ✓ |
| 1ST | 1st Floor | 8,177 SF | ✓ |
| 513C | DECK COVERD COMM | 2,571 SF | ✗ |
| 501 | CANOPY | 706 SF | ✗ |
| 512C | DECK UNCOVRED COMM | 706 SF | ✗ |
Market value changed by 314% in 2026, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $24,917.49 | $24,917.49 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $14,112.83 | $14,112.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,122.26 | $10,122.26 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,178.60 | $3,178.60 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,784.77 | $2,784.77 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $55,115.95 | $55,115.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,953,713 | $2,693,200 | +232.5% |
| Assessed Value | $3,231,840 | $2,693,200 | +20.0% |
| Land Value | $8,832,000 | $2,355,200 | +275.0% |
| Improvement Value | $121,713 | $338,000 | -64.0% |
| Taxable Value | $3,231,840 | $2,693,200 | +20.0% |
| HS Cap Loss | -$5,721,873 | — | |
| Total Tax 2026 = estimate |
~$66,139
Estimated
|
~$55,116
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $11,155,873 | $8,953,713 | -2,202,160 (-19.7%) |
| Taxable Value | $3,231,840 | $3,231,840 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,953,713 | $8,832,000 | $121,713 | −$5,721,873 | $3,231,840 | $3,231,840 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,693,200 | $2,355,200 | $338,000 | — | $2,693,200 | $2,693,200 | ~$55,116 | Partial |
| 2024 | $2,638,854 | — | — | −$283,654 | $2,355,200 | $— | $52,297 | Verified |
| 2023 | $2,464,562 | — | — | −$297,778 | $2,166,784 | $— | $47,743 | Verified |
| 2022 | $2,414,982 | — | — | −$248,198 | $2,166,784 | $— | $48,673 | Verified |
| 2021 | $2,600,000 | — | — | −$433,216 | $2,166,784 | $— | $52,566 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +314.2% ! | +20.0% | 29.0% | Not available | Partial |
| 2025 | +2.1% | +2.1% | ~100% | Not available | Partial |
| 2024 | +0.0% | +0.0% | ~100% | 1.9800% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.8100% | Verified |
| 2022 | +2.1% | +2.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +232.5% | +47.3% | -13.2% | +232.5% | 2026 | -7.1% | 2022 |
| Assessment Ratio | 36.1% | 81.0% | — | 100.0% | 2025 | 36.1% | 2026 |
| 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 |
$55,116 | $51,279 | ~$53,879 | $55,116 | 2025 | $47,743 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,717,017 | ~$2,717,017 | ~2.0139% | ~$54,719 | +0.9% |
| 2027 | ~$2,741,045 | ~$2,741,045 | ~1.9814% | ~$54,311 | +1.8% |
| 2028 | ~$2,765,286 | ~$2,765,286 | ~1.9488% | ~$53,891 | +2.7% |
| 2029 | ~$2,789,741 | ~$2,789,741 | ~1.9163% | ~$53,460 | +3.6% |
| 2030 | ~$2,814,412 | ~$2,814,412 | ~1.8837% | ~$53,016 | +4.5% |
| 2026 | ~$2,663,153 | ~$2,663,153 | ~2.0465% | ~$54,501 | -1.1% |
| 2027 | ~$2,633,442 | ~$2,633,442 | ~2.0465% | ~$53,893 | -2.2% |
| 2028 | ~$2,604,062 | ~$2,604,062 | ~2.0465% | ~$53,292 | -3.3% |
| 2029 | ~$2,575,010 | ~$2,575,010 | ~2.0465% | ~$52,697 | -4.4% |
| 2030 | ~$2,546,282 | ~$2,546,282 | ~2.0465% | ~$52,109 | -5.5% |
| 2026 | ~$2,770,881 | ~$2,770,881 | ~1.9977% | ~$55,353 | +2.9% |
| 2027 | ~$2,850,803 | ~$2,850,803 | ~1.9488% | ~$55,558 | +5.9% |
| 2028 | ~$2,933,031 | ~$2,933,031 | ~1.9000% | ~$55,728 | +8.9% |
| 2029 | ~$3,017,630 | ~$3,017,630 | ~1.8512% | ~$55,862 | +12.0% |
| 2030 | ~$3,104,669 | ~$3,104,669 | ~1.8024% | ~$55,958 | +15.3% |
In 2025, this property's market value of $2,693,200 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +90% above the county median of $1,417,484. 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 | $2,693,200 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,638,854 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,464,562 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,414,982 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,600,000 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | base yr |
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.