1122 W 6 ST TX 78703
| Owner | SIXTH & BLANCO OWNER LP |
|---|---|
| Parcel ID | 0108010625 |
| Short ID | 106553 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 7,999 SF |
| Land SF | 69,404 SF |
| Acres | 1.593 |
| Year Built | 1920 |
| Legal | LOT 16 BLK B OLT 2 DIV Z RAYMOND SUBD |
| Neighborhood | 20CEN |
| Land | $17,351,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $17,351,000 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $17,351,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $17,351,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $17,351,000 |
| Taxable Value | $17,351,000 |
|---|
Appreciation: Market value has risen +908.8% from $1,720,000 (2021) to $17,351,000 (2025), a CAGR of 78.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), 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 $355,086. 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 100% of market value ($17,351,000 land vs $0 improvements), about $250/SF of land. With value concentrated in the land under a ~106-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 $17,351,000, 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 +78.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $311,938,937 by 2030, with an estimated annual tax burden around $526,392. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 7,486 SF | ✗ |
| 1ST | 1st Floor | 6,074 SF | ✓ |
| 2ND | 2nd Floor | 1,925 SF | ✓ |
| 501 | CANOPY | 520 SF | ✗ |
| 327 | STORAGE COMM'L | 320 SF | ✓ |
| 511 | DECK | 272 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 228 SF | ✗ |
| SO | Sketch Only | 204 SF | ✗ |
| 413 | STAIRWAY EXT | 1 SF | ✓ |
| 251 | BATHROOM | 1 SF | ✓ |
Market value changed by 827% in 2025, 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% | $160,531.45 | $160,531.45 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $90,922.19 | $90,922.19 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $65,212.87 | $65,212.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $20,478.17 | $20,478.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $17,940.93 | $17,940.93 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $355,085.61 | $355,085.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $22,325,923 | $17,351,000 | +28.7% |
| Assessed Value | $22,325,923 | $17,351,000 | +28.7% |
| Land Value | $17,351,000 | $17,351,000 | +0.0% |
| Improvement Value | $4,974,923 | — | — |
| Taxable Value | $22,325,923 | $17,351,000 | +28.7% |
| Total Tax 2026 = estimate |
~$456,897
Estimated
|
~$355,086
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $22,325,923 | $22,325,923 | +0 (+0.0%) |
| Taxable Value | $22,325,923 | $22,325,923 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $22,325,923 | $17,351,000 | $4,974,923 | — | $22,325,923 | $22,325,923 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $17,351,000 | $17,351,000 | — | — | $17,351,000 | $17,351,000 | ~$355,086 | Partial |
| 2024 | $1,700,000 | — | — | — | $1,872,219 ! | $— | $37,104 | Verified |
| 2023 | $1,793,236 | — | — | −$293,236 | $1,500,000 | $— | $30,757 | Verified |
| 2022 | $1,357,340 | — | — | — | $1,500,000 ! | $— | $35,415 | Verified |
| 2021 | $1,720,000 | — | — | −$470,000 | $1,250,000 | $— | $29,545 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +28.7% | +28.7% | ~100% | Not available | Partial |
| 2025 | +826.8% ! | +826.8% | ~100% | Not available | Partial |
| 2024 | +10.1% | +10.1% | ~100% | 1.9800% | Verified |
| 2023 | -5.2% | -5.2% | ~100% | 1.8100% | Verified |
| 2022 | +32.1% | +32.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 1.7200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1178.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +28.7% | +191.0% | +70.3% | +920.6% | 2025 | -21.1% | 2022 |
| Assessment Ratio | 100.0% | 96.1% | — | 110.5% | 2022 | 72.7% | 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 |
$355,086 | $97,581 | ~$452,727 | $355,086 | 2025 | $29,545 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$30,922,424 | ~$19,086,100 | ~2.0139% | ~$384,382 | +78.2% |
| 2027 | ~$55,109,001 | ~$20,994,710 | ~1.9814% | ~$415,987 | +217.6% |
| 2028 | ~$98,213,583 | ~$23,094,181 | ~1.9488% | ~$450,069 | +466.0% |
| 2029 | ~$175,033,256 | ~$25,403,599 | ~1.9163% | ~$486,807 | +908.8% |
| 2030 | ~$311,938,937 | ~$27,943,959 | ~1.8837% | ~$526,392 | +1697.8% |
| 2026 | ~$30,575,404 | ~$19,086,100 | ~2.0465% | ~$390,594 | +76.2% |
| 2027 | ~$53,879,045 | ~$20,994,710 | ~2.0465% | ~$429,654 | +210.5% |
| 2028 | ~$94,944,011 | ~$23,094,181 | ~2.0465% | ~$472,619 | +447.2% |
| 2029 | ~$167,307,445 | ~$25,403,599 | ~2.0465% | ~$519,881 | +864.3% |
| 2030 | ~$294,824,082 | ~$27,943,959 | ~2.0465% | ~$571,869 | +1599.2% |
| 2026 | ~$31,269,444 | ~$19,086,100 | ~1.9977% | ~$381,276 | +80.2% |
| 2027 | ~$56,352,839 | ~$20,994,710 | ~1.9488% | ~$409,153 | +224.8% |
| 2028 | ~$101,557,369 | ~$23,094,181 | ~1.9000% | ~$438,793 | +485.3% |
| 2029 | ~$183,023,597 | ~$25,403,599 | ~1.8512% | ~$470,270 | +954.8% |
| 2030 | ~$329,839,551 | ~$27,943,959 | ~1.8024% | ~$503,654 | +1801.0% |
In 2025, this property's market value of $17,351,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 12× 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 | $17,351,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $1,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,793,236 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,357,340 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,720,000 | $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.