1402 W 6 ST TX 78703
| Owner | WEST 1402 LLC |
|---|---|
| Parcel ID | 0108031165 |
| Short ID | 106793 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 1,848 SF |
| Land SF | 6,665 SF |
| Acres | 0.153 |
| Year Built | 1922 |
| Legal | 40X149' AV & 14.65X53' AV OF LOT 1&2 OLT 3 DIV Z SMOOT SUBD |
| Neighborhood | 59CEN |
| Land | $1,582,862 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,582,862 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,325,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,325,000 |
| Value Limitation Adjustment (−) (homestead cap) | −$4,275 |
| Net Appraised (assessed) | $1,320,725 |
| Taxable Value | $1,320,725 |
|---|
Appreciation: Market value has risen +27.1% from $1,042,267 (2021) to $1,325,000 (2025), a CAGR of 6.2% over 4 years. This represents moderate, steady growth. 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 $27,028. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($1,320,725) is $4,275 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 119% of market value ($1,582,862 land vs $0 improvements), about $237/SF of land. With value concentrated in the land under a ~104-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 $1,325,000, this parcel sits in the lower-middle (25th–50th 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 +6.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,788,595 by 2030, with an estimated annual tax burden around $33,693. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 1,848 SF | ✗ |
| 1ST | 1st Floor | 1,456 SF | ✓ |
| 2ND | 2nd Floor | 392 SF | ✓ |
| 612C | TERRACE UNCOVERD COMM | 108 SF | ✗ |
| 511 | DECK | 64 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 36 SF | ✗ |
| 251 | BATHROOM | 1 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% | $12,219.35 | $12,219.35 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,920.82 | $6,920.82 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,963.88 | $4,963.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,558.76 | $1,558.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,365.63 | $1,365.63 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,028.44 | $27,028.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,477,000 | $1,325,000 | +11.5% |
| Assessed Value | $1,477,000 | $1,320,725 | +11.8% |
| Land Value | $1,666,170 | $1,582,862 | +5.3% |
| Improvement Value | — | — | — |
| Taxable Value | $1,477,000 | $1,320,725 | +11.8% |
| Total Tax 2026 = estimate |
~$30,227
Estimated
|
~$27,028
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,477,000 | $1,477,000 | +0 (+0.0%) |
| Taxable Value | $1,477,000 | $1,477,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,477,000 | $1,666,170 | — | — | $1,477,000 | $1,477,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,325,000 | $1,582,862 | — | −$4,275 | $1,320,725 | $1,320,725 | ~$27,028 | Partial |
| 2024 | $1,236,303 | — | — | −$135,699 | $1,100,604 | $— | $21,812 | Verified |
| 2023 | $1,188,500 | — | — | −$238,783 | $949,717 | $— | $22,368 | Verified |
| 2022 | $1,022,048 | — | — | −$72,331 | $949,717 | $— | $23,472 | Verified |
| 2021 | $1,042,267 | — | — | −$250,836 | $791,431 | $— | $22,247 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.5% | +11.8% | ~100% | Not available | Partial |
| 2025 | +20.4% | +20.0% | ~100% | Not available | Partial |
| 2024 | -11.0% | -11.0% | ~100% | 1.9800% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.8100% | Verified |
| 2022 | +16.3% | +16.3% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +29.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.5% | +7.4% | +4.0% | +16.3% | 2023 | -1.9% | 2022 |
| Assessment Ratio | 100.0% | 89.6% | — | 100.0% | 2026 | 75.9% | 2021 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$27,028 | $23,385 | ~$30,965 | $27,028 | 2025 | $21,812 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,406,938 | ~$1,406,938 | ~2.0139% | ~$28,335 | +6.2% |
| 2027 | ~$1,493,944 | ~$1,493,944 | ~1.9814% | ~$29,601 | +12.8% |
| 2028 | ~$1,586,330 | ~$1,586,330 | ~1.9488% | ~$30,915 | +19.7% |
| 2029 | ~$1,684,429 | ~$1,684,429 | ~1.9163% | ~$32,279 | +27.1% |
| 2030 | ~$1,788,595 | ~$1,788,595 | ~1.8837% | ~$33,693 | +35.0% |
| 2026 | ~$1,380,438 | ~$1,380,438 | ~2.0465% | ~$28,250 | +4.2% |
| 2027 | ~$1,438,196 | ~$1,438,196 | ~2.0465% | ~$29,432 | +8.5% |
| 2028 | ~$1,498,371 | ~$1,498,371 | ~2.0465% | ~$30,664 | +13.1% |
| 2029 | ~$1,561,063 | ~$1,561,063 | ~2.0465% | ~$31,947 | +17.8% |
| 2030 | ~$1,626,379 | ~$1,626,379 | ~2.0465% | ~$33,284 | +22.7% |
| 2026 | ~$1,433,438 | ~$1,433,438 | ~1.9977% | ~$28,635 | +8.2% |
| 2027 | ~$1,550,752 | ~$1,550,752 | ~1.9488% | ~$30,222 | +17.0% |
| 2028 | ~$1,677,666 | ~$1,677,666 | ~1.9000% | ~$31,876 | +26.6% |
| 2029 | ~$1,814,966 | ~$1,814,966 | ~1.8512% | ~$33,599 | +37.0% |
| 2030 | ~$1,963,504 | ~$1,963,504 | ~1.8024% | ~$35,390 | +48.2% |
In 2025, this property's market value of $1,325,000 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -7% below 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 | $1,325,000 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,236,303 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,188,500 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,022,048 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,042,267 | $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.