1111 W 6 ST TX 78703
| Owner | SDC TREATY OAK LLC |
|---|---|
| Parcel ID | 0108010314 |
| Short ID | 106493 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 121,010 SF |
| Land SF | 119,818 SF |
| Acres | 2.751 |
| Year Built | 2023 |
| Legal | LOT 1 ELM SQUARE ADDN |
| Neighborhood | 51CBD |
| Land | $29,954,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $29,954,500 |
| Improvement | $30,151,254 |
|---|---|
| Total Improvement | $30,151,254 |
| Market | $60,105,754 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $60,105,754 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $60,105,754 |
| Taxable Value | $60,105,754 |
|---|
Appreciation: Market value has risen +99.7% from $30,104,713 (2021) to $60,105,754 (2025), a CAGR of 18.9% over 4 years. This is strong appreciation — well above typical inflation. 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 +24.1%, 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 $1,230,055. 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 50% of market value ($29,954,500 land vs $30,151,254 improvements), about $250/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $60,105,754, this parcel sits in the top quartile (≥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 +18.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $142,648,759 by 2030, with an estimated annual tax burden around $1,823,480. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 124,832 SF | ✗ |
| 491 | SPRINKLER HEADS | 60,312 SF | ✗ |
| 611 | TERRACE | 44,255 SF | ✗ |
| 2ND | 2nd Floor | 43,910 SF | ✓ |
| 3RD | 3rd Floor | 43,245 SF | ✓ |
| 1ST | 1st Floor | 33,855 SF | ✓ |
| 4TH | 4th Floor | 23,141 SF | ✓ |
| 487 | PARKING UNDER | 22,495 SF | ✓ |
| 501 | CANOPY | 1,136 SF | ✗ |
| 482 | LIGHT POLES | 6 SF | ✓ |
Market value changed by 203% in 2022, 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% | $556,098.44 | $556,098.44 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $314,964.37 | $314,964.37 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $225,904.47 | $225,904.47 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $70,938.61 | $70,938.61 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $62,149.35 | $62,149.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,230,055.24 | $1,230,055.24 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $58,929,718 | $60,105,754 | -2.0% |
| Assessed Value | $58,929,718 | $60,105,754 | -2.0% |
| Land Value | $29,954,500 | $29,954,500 | +0.0% |
| Improvement Value | $28,975,218 | $30,151,254 | -3.9% |
| Taxable Value | $58,929,718 | $60,105,754 | -2.0% |
| Total Tax 2026 = estimate |
~$1,205,988
Estimated
|
~$1,230,055
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $58,929,718 | $58,929,718 | +0 (+0.0%) |
| Taxable Value | $58,929,718 | $58,929,718 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $58,929,718 | $29,954,500 | $28,975,218 | — | $58,929,718 | $58,929,718 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $60,105,754 | $29,954,500 | $30,151,254 | — | $60,105,754 | $60,105,754 | ~$1,230,055 | Partial |
| 2024 | $46,515,552 | — | — | −$16,561,052 | $29,954,500 | $— | $852,076 | Verified |
| 2023 | $59,406,100 | — | — | −$35,442,500 | $23,963,600 | $— | $841,581 | Verified |
| 2022 | $19,575,838 | — | — | — | $23,963,600 ! | $— | $1,173,225 | Verified |
| 2021 | $30,104,713 | — | — | −$15,127,463 | $14,977,250 | $— | $426,103 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2025 | +39.8% | +39.8% | ~100% | Not available | Partial |
| 2024 | -7.6% | -7.6% | ~100% | 1.9800% | Verified |
| 2023 | -21.7% | -21.7% | ~100% | 1.8100% | Verified |
| 2022 | +203.5% ! | +203.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.4200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +207.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.0% | +34.8% | +19.3% | +203.5% | 2023 | -35.0% | 2022 |
| Assessment Ratio | 100.0% | 79.5% | — | 122.4% | 2022 | 40.3% | 2023 |
| 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 |
$1,230,055 | $904,608 | ~$1,568,296 | $1,230,055 | 2025 | $426,103 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$71,447,402 | ~$66,116,329 | ~2.0139% | ~$1,331,541 | +18.9% |
| 2027 | ~$84,929,160 | ~$72,727,962 | ~1.9814% | ~$1,441,023 | +41.3% |
| 2028 | ~$100,954,857 | ~$80,000,759 | ~1.9488% | ~$1,559,086 | +68.0% |
| 2029 | ~$120,004,521 | ~$88,000,834 | ~1.9163% | ~$1,686,352 | +99.7% |
| 2030 | ~$142,648,759 | ~$96,800,918 | ~1.8837% | ~$1,823,480 | +137.3% |
| 2026 | ~$70,245,287 | ~$66,116,329 | ~2.0465% | ~$1,353,061 | +16.9% |
| 2027 | ~$82,095,306 | ~$72,727,962 | ~2.0465% | ~$1,488,367 | +36.6% |
| 2028 | ~$95,944,364 | ~$80,000,759 | ~2.0465% | ~$1,637,204 | +59.6% |
| 2029 | ~$112,129,686 | ~$88,000,834 | ~2.0465% | ~$1,800,924 | +86.6% |
| 2030 | ~$131,045,389 | ~$96,800,918 | ~2.0465% | ~$1,981,016 | +118.0% |
| 2026 | ~$72,649,517 | ~$66,116,329 | ~1.9977% | ~$1,320,781 | +20.9% |
| 2027 | ~$87,811,098 | ~$72,727,962 | ~1.9488% | ~$1,417,351 | +46.1% |
| 2028 | ~$106,136,824 | ~$80,000,759 | ~1.9000% | ~$1,520,028 | +76.6% |
| 2029 | ~$128,287,036 | ~$88,000,834 | ~1.8512% | ~$1,629,066 | +113.4% |
| 2030 | ~$155,059,882 | ~$96,800,918 | ~1.8024% | ~$1,744,712 | +158.0% |
In 2025, this property's market value of $60,105,754 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 42× 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 | $60,105,754 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $46,515,552 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $59,406,100 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $19,575,838 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $30,104,713 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | 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.