1511 E 6 ST TX 78702
| Owner | 1511 EAST 6TH LLC |
|---|---|
| Parcel ID | 0204061806 |
| Short ID | 191939 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 6,606 SF |
| Land SF | 6,750 SF |
| Acres | 0.155 |
| Year Built | 1914 |
| Legal | LOT 6 BLK 3 OLT 4 PLUS 1/2 ADJ VAC ALLEY DIVISION A |
| Neighborhood | 32CEN |
| Land | $1,181,250 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,181,250 |
| Improvement | $1,088,009 |
|---|---|
| Total Improvement | $1,088,009 |
| Market | $2,269,259 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,269,259 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,269,259 |
| Taxable Value | $2,269,259 |
|---|
Appreciation: Market value has risen +10.3% from $2,058,000 (2021) to $2,269,259 (2025), a CAGR of 2.5% over 4 years. Growth has been relatively flat for this asset class. 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 lagged 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 $46,440. 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 52% of market value ($1,181,250 land vs $1,088,009 improvements), about $175/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,269,259, 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 +2.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,564,085 by 2030, with an estimated annual tax burden around $48,301. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 4,856 SF | ✓ |
| 2ND | 2nd Floor | 1,750 SF | ✓ |
| 611 | TERRACE | 627 SF | ✗ |
| 501 | CANOPY | 165 SF | ✗ |
| 327 | STORAGE COMM'L | 156 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $19,660.50 | $19,660.50 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $11,135.36 | $11,135.36 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $7,986.71 | $7,986.71 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,507.99 | $2,507.99 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,197.25 | $2,197.25 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,487.81 | $43,487.81 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,461,107 | $2,269,259 | +8.5% |
| Assessed Value | $2,461,107 | $2,269,259 | +8.5% |
| Land Value | $1,181,250 | $1,181,250 | +0.0% |
| Improvement Value | $1,279,857 | $1,088,009 | +17.6% |
| Taxable Value | $1,525,866 | $2,269,259 | -32.8% |
| Exemptions | HT | None | |
| Total Tax 2026 = estimate |
~$31,227
Estimated
|
~$43,488
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,461,107 | $2,461,107 | +0 (+0.0%) |
| Taxable Value | $1,525,866 | $1,525,866 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,461,107 | $1,181,250 | $1,279,857 | — | $2,461,107 | $1,525,866 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,269,259 | $1,181,250 | $1,088,009 | — | $2,269,259 | $2,269,259 | ~$43,488 | Partial |
| 2024 | $1,900,000 | — | — | −$718,750 | $1,181,250 | $— | $26,285 | Verified |
| 2023 | $1,989,787 | — | — | −$808,537 | $1,181,250 | $— | $26,243 | Verified |
| 2022 | $1,999,218 | — | — | −$1,155,468 | $843,750 | $— | $28,482 | Verified |
| 2021 | $2,058,000 | — | — | −$1,281,750 | $776,250 | $— | $26,975 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +8.5% | +8.5% | ~100% | Not available | Partial |
| 2025 | +0.4% | +0.4% | ~100% | Not available | Partial |
| 2024 | +4.8% | +4.8% | ~100% | 1.1600% | Verified |
| 2023 | +8.4% | +8.4% | ~100% | 1.2200% | Verified |
| 2022 | -0.5% | -0.5% | ~100% | 1.4300% | Verified |
| 2021 | base year | — | ~100% | 1.3100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.5% | +4.0% | +0.9% | +19.4% | 2025 | -4.5% | 2024 |
| Assessment Ratio | 100.0% | 66.9% | — | 100.0% | 2025 | 37.7% | 2021 |
| Effective Tax Rate (2025) | 1.9200% | 1.9200% | — | 1.9200% | 2025 | 1.9200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,488 | $30,295 | ~$47,577 | $43,488 | 2025 | $26,243 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,325,379 | ~$2,325,379 | ~2.0139% | ~$46,832 | +2.5% |
| 2027 | ~$2,382,887 | ~$2,382,887 | ~1.9814% | ~$47,214 | +5.0% |
| 2028 | ~$2,441,817 | ~$2,441,817 | ~1.9488% | ~$47,587 | +7.6% |
| 2029 | ~$2,502,204 | ~$2,502,204 | ~1.9163% | ~$47,950 | +10.3% |
| 2030 | ~$2,564,085 | ~$2,564,085 | ~1.8837% | ~$48,301 | +13.0% |
| 2026 | ~$2,279,994 | ~$2,279,994 | ~2.0465% | ~$46,660 | +0.5% |
| 2027 | ~$2,290,779 | ~$2,290,779 | ~2.0465% | ~$46,880 | +0.9% |
| 2028 | ~$2,301,616 | ~$2,301,616 | ~2.0465% | ~$47,102 | +1.4% |
| 2029 | ~$2,312,504 | ~$2,312,504 | ~2.0465% | ~$47,325 | +1.9% |
| 2030 | ~$2,323,443 | ~$2,323,443 | ~2.0465% | ~$47,549 | +2.4% |
| 2026 | ~$2,370,764 | ~$2,370,764 | ~1.9977% | ~$47,360 | +4.5% |
| 2027 | ~$2,476,810 | ~$2,476,810 | ~1.9488% | ~$48,269 | +9.1% |
| 2028 | ~$2,587,599 | ~$2,587,599 | ~1.9000% | ~$49,165 | +14.0% |
| 2029 | ~$2,703,343 | ~$2,703,343 | ~1.8512% | ~$50,044 | +19.1% |
| 2030 | ~$2,824,265 | ~$2,824,265 | ~1.8024% | ~$50,904 | +24.5% |
In 2025, this property's market value of $2,269,259 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +60% 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 | $2,269,259 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,900,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,989,787 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $1,999,218 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,058,000 | $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.