1414 W 6 ST TX 78703
| Owner | BRIGHT CULTURE PROPERTIES LLC |
|---|---|
| Parcel ID | 0108030507 |
| Short ID | 106693 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,156 SF |
| Land SF | 5,600 SF |
| Acres | 0.129 |
| Year Built | 1925 |
| Legal | 50 X 112.2 FT OLT 3 DIVISION Z |
| Neighborhood | 59CEN |
| Land | $1,400,000 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,400,000 |
| Improvement | $74,879 |
|---|---|
| Total Improvement | $74,879 |
| Market | $1,474,879 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,474,879 |
| Value Limitation Adjustment (−) (homestead cap) | −$22,665 |
| Net Appraised (assessed) | $1,452,214 |
| Taxable Value | $1,452,214 |
|---|
Appreciation: Market value has risen +74.4% from $845,474 (2021) to $1,474,879 (2025), a CAGR of 14.9% 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 $29,719. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,452,214) is $22,665 below market value, suggesting potential for an upward assessment in future years.
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 95% of market value ($1,400,000 land vs $74,879 improvements), about $250/SF of land. With value concentrated in the land under a ~101-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 $1,474,879, 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 +14.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,956,831 by 2030, with an estimated annual tax burden around $44,057. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 1,600 SF | ✗ |
| 1ST | 1st Floor | 1,156 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,156 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 171 SF | ✗ |
| 522C | FIREPLACE COMM | 1 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% | $13,435.88 | $13,435.88 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,609.85 | $7,609.85 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,458.07 | $5,458.07 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,713.95 | $1,713.95 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,501.59 | $1,501.59 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $29,719.34 | $29,719.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,485,964 | $1,474,879 | +0.8% |
| Assessed Value | $1,485,964 | $1,452,214 | +2.3% |
| Land Value | $1,400,000 | $1,400,000 | +0.0% |
| Improvement Value | $85,964 | $74,879 | +14.8% |
| Taxable Value | $1,485,964 | $1,452,214 | +2.3% |
| Total Tax 2026 = estimate |
~$30,410
Estimated
|
~$29,719
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,681,102 | $1,485,964 | -195,138 (-11.6%) |
| Taxable Value | $1,681,102 | $1,485,964 | -195,138 (-11.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,485,964 | $1,400,000 | $85,964 | — | $1,485,964 | $1,485,964 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,474,879 | $1,400,000 | $74,879 | −$22,665 | $1,452,214 | $1,452,214 | ~$29,719 | Partial |
| 2024 | $1,008,482 | — | — | — | $1,400,000 ! | $— | $23,983 | Verified |
| 2023 | $1,023,572 | — | — | −$183,572 | $840,000 | $— | $18,246 | Verified |
| 2022 | $810,572 | — | — | — | $840,000 ! | $— | $20,215 | Verified |
| 2021 | $845,474 | — | — | −$145,474 | $700,000 | $— | $17,644 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.0% | +15.8% | ~100% | Not available | Partial |
| 2025 | -1.6% | +20.0% | 98.5% | Not available | Partial |
| 2024 | +48.6% | +20.0% | 80.8% | 1.6000% | Verified |
| 2023 | -1.5% | -1.5% | ~100% | 1.8100% | Verified |
| 2022 | +26.3% | +26.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +82.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.8% | +13.5% | +14.8% | +46.2% | 2025 | -4.1% | 2022 |
| Assessment Ratio | 100.0% | 101.0% | — | 138.8% | 2024 | 82.1% | 2023 |
| Effective Tax Rate (2025) | 2.0200% | 2.0200% | — | 2.0200% | 2025 | 2.0200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$29,719 | $21,961 | ~$37,892 | $29,719 | 2025 | $17,644 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,695,003 | ~$1,597,435 | ~2.0139% | ~$32,171 | +14.9% |
| 2027 | ~$1,947,980 | ~$1,757,179 | ~1.9814% | ~$34,817 | +32.1% |
| 2028 | ~$2,238,713 | ~$1,932,897 | ~1.9488% | ~$37,669 | +51.8% |
| 2029 | ~$2,572,839 | ~$2,126,187 | ~1.9163% | ~$40,744 | +74.4% |
| 2030 | ~$2,956,831 | ~$2,338,805 | ~1.8837% | ~$44,057 | +100.5% |
| 2026 | ~$1,665,505 | ~$1,597,435 | ~2.0465% | ~$32,691 | +12.9% |
| 2027 | ~$1,880,770 | ~$1,757,179 | ~2.0465% | ~$35,960 | +27.5% |
| 2028 | ~$2,123,857 | ~$1,932,897 | ~2.0465% | ~$39,556 | +44.0% |
| 2029 | ~$2,398,363 | ~$2,126,187 | ~2.0465% | ~$43,512 | +62.6% |
| 2030 | ~$2,708,348 | ~$2,338,805 | ~2.0465% | ~$47,863 | +83.6% |
| 2026 | ~$1,724,500 | ~$1,597,435 | ~1.9977% | ~$31,911 | +16.9% |
| 2027 | ~$2,016,370 | ~$1,757,179 | ~1.9488% | ~$34,245 | +36.7% |
| 2028 | ~$2,357,638 | ~$1,932,897 | ~1.9000% | ~$36,725 | +59.9% |
| 2029 | ~$2,756,665 | ~$2,126,187 | ~1.8512% | ~$39,360 | +86.9% |
| 2030 | ~$3,223,227 | ~$2,338,805 | ~1.8024% | ~$42,154 | +118.5% |
In 2025, this property's market value of $1,474,879 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +4% 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 | $1,474,879 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,008,482 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,023,572 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $810,572 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $845,474 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.