1608 W 6 ST TX
| Owner | WSP INVESTMENTS LTD |
|---|---|
| Parcel ID | 0109040613 |
| Short ID | 107199 |
| Type | Real |
| Use Code | 59 Office / Retail (SFR Conv.) |
| Valuation | Income |
| Improvement SF | 5,285 SF |
| Land SF | 22,500 SF |
| Acres | 0.517 |
| Year Built | 1923 |
| Legal | TRT 2 ROBERTSON SUSAN M ESTATE SUBD |
| Neighborhood | 59CEN |
| Land | $5,062,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,062,500 |
| Improvement | $426,704 |
|---|---|
| Total Improvement | $426,704 |
| Market | $5,489,204 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,489,204 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,489,204 |
| Taxable Value | $5,489,204 |
|---|
Appreciation: Market value has risen +85.9% from $2,952,500 (2021) to $5,489,204 (2025), a CAGR of 16.8% 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 $112,336. 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 92% of market value ($5,062,500 land vs $426,704 improvements), about $225/SF of land. With value concentrated in the land under a ~103-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 $5,489,204, 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 +16.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,916,774 by 2030, with an estimated annual tax burden around $166,531. 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 |
|---|---|---|---|
| 551 | PAVED AREA | 7,950 SF | ✗ |
| 095 | HVAC RESIDENTIAL | 5,285 SF | ✗ |
| 1ST | 1st Floor | 4,361 SF | ✓ |
| UBSMT | Unfinished Basement | 952 SF | ✓ |
| 2ND | 2nd Floor | 924 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 224 SF | ✗ |
| 511 | DECK | 224 SF | ✗ |
| 521 | FIREPLACE | 2 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% | $50,786.12 | $50,786.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $28,764.36 | $28,764.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $20,630.90 | $20,630.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,478.52 | $6,478.52 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,675.84 | $5,675.84 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $112,335.74 | $112,335.74 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,932,740 | $5,489,204 | +26.3% |
| Assessed Value | $6,932,740 | $5,489,204 | +26.3% |
| Land Value | $5,062,500 | $5,062,500 | +0.0% |
| Improvement Value | $1,870,240 | $426,704 | +338.3% |
| Taxable Value | $6,932,740 | $5,489,204 | +26.3% |
| Total Tax 2026 = estimate |
~$141,877
Estimated
|
~$112,336
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,932,740 | $6,932,740 | +0 (+0.0%) |
| Taxable Value | $6,932,740 | $6,932,740 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,932,740 | $5,062,500 | $1,870,240 | — | $6,932,740 | $6,932,740 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,489,204 | $5,062,500 | $426,704 | — | $5,489,204 | $5,489,204 | ~$112,336 | Partial |
| 2024 | $3,850,170 | — | — | — | $4,600,000 ! | $— | $91,163 | Verified |
| 2023 | $3,762,500 | — | — | −$218,750 | $3,543,750 | $— | $69,659 | Verified |
| 2022 | $2,952,500 | — | — | — | $3,543,750 ! | $— | $74,306 | Verified |
| 2021 | $2,952,500 | — | — | −$725,000 | $2,227,500 | $— | $64,266 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +26.3% | +26.3% | ~100% | Not available | Partial |
| 2025 | +19.3% | +19.3% | ~100% | Not available | Partial |
| 2024 | +19.5% | +19.5% | ~100% | 1.9800% | Verified |
| 2023 | +2.3% | +2.3% | ~100% | 1.8100% | Verified |
| 2022 | +27.4% | +27.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +85.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +26.3% | +19.7% | +11.9% | +42.6% | 2025 | +0.0% | 2022 |
| Assessment Ratio | 100.0% | 101.5% | — | 120.0% | 2022 | 75.4% | 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 |
$112,336 | $82,346 | ~$143,226 | $112,336 | 2025 | $64,266 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,409,723 | ~$6,038,124 | ~2.0139% | ~$121,604 | +16.8% |
| 2027 | ~$7,484,609 | ~$6,641,937 | ~1.9814% | ~$131,603 | +36.4% |
| 2028 | ~$8,739,749 | ~$7,306,131 | ~1.9488% | ~$142,385 | +59.2% |
| 2029 | ~$10,205,372 | ~$8,036,744 | ~1.9163% | ~$154,007 | +85.9% |
| 2030 | ~$11,916,774 | ~$8,840,418 | ~1.8837% | ~$166,531 | +117.1% |
| 2026 | ~$6,299,939 | ~$6,038,124 | ~2.0465% | ~$123,569 | +14.8% |
| 2027 | ~$7,230,416 | ~$6,641,937 | ~2.0465% | ~$135,926 | +31.7% |
| 2028 | ~$8,298,320 | ~$7,306,131 | ~2.0465% | ~$149,519 | +51.2% |
| 2029 | ~$9,523,951 | ~$8,036,744 | ~2.0465% | ~$164,471 | +73.5% |
| 2030 | ~$10,930,602 | ~$8,840,418 | ~2.0465% | ~$180,918 | +99.1% |
| 2026 | ~$6,519,507 | ~$6,038,124 | ~1.9977% | ~$120,621 | +18.8% |
| 2027 | ~$7,743,193 | ~$6,641,937 | ~1.9488% | ~$129,441 | +41.1% |
| 2028 | ~$9,196,561 | ~$7,306,131 | ~1.9000% | ~$138,818 | +67.5% |
| 2029 | ~$10,922,721 | ~$8,036,744 | ~1.8512% | ~$148,776 | +99.0% |
| 2030 | ~$12,972,874 | ~$8,840,418 | ~1.8024% | ~$159,337 | +136.3% |
In 2025, this property's market value of $5,489,204 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,489,204 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,850,170 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,762,500 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $2,952,500 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $2,952,500 | $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.