1006 W 6 ST TX 78703
| Owner | 600 NORTH LAMAR LTD |
|---|---|
| Parcel ID | 0108010912 |
| Short ID | 106587 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 15,064 SF |
| Land SF | 49,448 SF |
| Acres | 1.135 |
| Year Built | 1940 |
| Legal | 184 X 200 FT OF BLK D OLT 2 DIV Z & LOT 1 RESUB OF A PORTION OF BLK D RAYMOND SUBD |
| Neighborhood | 43CEN |
| Land | $12,362,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,362,000 |
| Improvement | $189,529 |
|---|---|
| Total Improvement | $189,529 |
| Market | $12,551,529 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $12,551,529 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $12,551,529 |
| Taxable Value | $12,551,529 |
|---|
Appreciation: Market value has risen +63.2% from $7,689,973 (2021) to $12,551,529 (2025), a CAGR of 13.0% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $256,865. 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 98% of market value ($12,362,000 land vs $189,529 improvements), about $250/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 $12,551,529, 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 +13.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $23,155,886 by 2030, with an estimated annual tax burden around $380,787. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 26,375 SF | ✗ |
| 1ST | 1st Floor | 15,064 SF | ✓ |
| 611 | TERRACE | 1,802 SF | ✗ |
| 501 | CANOPY | 652 SF | ✗ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $116,126.75 | $116,126.75 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $65,772.15 | $65,772.15 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $47,174.29 | $47,174.29 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $14,813.69 | $14,813.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $12,978.28 | $12,978.28 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $256,865.16 | $256,865.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $12,563,746 | $12,551,529 | +0.1% |
| Assessed Value | $12,563,746 | $12,551,529 | +0.1% |
| Land Value | $12,362,000 | $12,362,000 | +0.0% |
| Improvement Value | $201,746 | $189,529 | +6.4% |
| Taxable Value | $12,563,746 | $12,551,529 | +0.1% |
| Total Tax 2026 = estimate |
~$257,115
Estimated
|
~$256,865
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $12,563,746 | $12,563,746 | +0 (+0.0%) |
| Taxable Value | $12,563,746 | $12,563,746 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $12,563,746 | $12,362,000 | $201,746 | — | $12,563,746 | $12,563,746 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $12,551,529 | $12,362,000 | $189,529 | — | $12,551,529 | $12,551,529 | ~$256,865 | Partial |
| 2024 | $10,272,124 | — | — | — | $12,362,000 ! | $— | $248,709 | Verified |
| 2023 | $10,166,999 | — | — | −$277,399 | $9,889,600 | $— | $185,848 | Verified |
| 2022 | $7,689,973 | — | — | — | $9,889,600 ! | $— | $200,790 | Verified |
| 2021 | $7,689,973 | — | — | −$272,773 | $7,417,200 | $— | $167,386 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.1% | +0.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +22.2% | +22.2% | ~100% | 1.9800% | Verified |
| 2023 | +1.0% | +1.0% | ~100% | 1.8100% | Verified |
| 2022 | +32.2% | +32.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +63.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.1% | +11.1% | +13.0% | +32.2% | 2023 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 107.1% | — | 128.6% | 2022 | 96.5% | 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 |
$256,865 | $211,920 | ~$327,498 | $256,865 | 2025 | $167,386 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,186,968 | ~$13,806,682 | ~2.0139% | ~$278,058 | +13.0% |
| 2027 | ~$16,035,501 | ~$15,187,350 | ~1.9814% | ~$300,920 | +27.8% |
| 2028 | ~$18,124,895 | ~$16,706,085 | ~1.9488% | ~$325,575 | +44.4% |
| 2029 | ~$20,486,532 | ~$18,376,694 | ~1.9163% | ~$352,151 | +63.2% |
| 2030 | ~$23,155,886 | ~$20,214,363 | ~1.8837% | ~$380,787 | +84.5% |
| 2026 | ~$13,935,937 | ~$13,806,682 | ~2.0465% | ~$282,552 | +11.0% |
| 2027 | ~$15,473,043 | ~$15,187,350 | ~2.0465% | ~$310,807 | +23.3% |
| 2028 | ~$17,179,689 | ~$16,706,085 | ~2.0465% | ~$341,888 | +36.9% |
| 2029 | ~$19,074,574 | ~$18,376,694 | ~2.0465% | ~$376,076 | +52.0% |
| 2030 | ~$21,178,461 | ~$20,214,363 | ~2.0465% | ~$413,684 | +68.7% |
| 2026 | ~$14,437,999 | ~$13,806,682 | ~1.9977% | ~$275,811 | +15.0% |
| 2027 | ~$16,608,001 | ~$15,187,350 | ~1.9488% | ~$295,977 | +32.3% |
| 2028 | ~$19,104,150 | ~$16,706,085 | ~1.9000% | ~$317,418 | +52.2% |
| 2029 | ~$21,975,465 | ~$18,376,694 | ~1.8512% | ~$340,188 | +75.1% |
| 2030 | ~$25,278,333 | ~$20,214,363 | ~1.8024% | ~$364,338 | +101.4% |
In 2025, this property's market value of $12,551,529 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 9× 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 | $12,551,529 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $10,272,124 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $10,166,999 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $7,689,973 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $7,689,973 | $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.