1621 E 6 ST TX 78702
| Owner | ARNOLD OWNER LP |
|---|---|
| Parcel ID | 0204081202 |
| Short ID | 852354 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 222,428 SF |
| Land SF | 151,023 SF |
| Acres | 3.467 |
| Year Built | 2015 |
| Legal | LOT 2-4 EASTSIDE VILLAGE |
| Neighborhood | 08EC |
| Land | $26,428,941 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $26,428,941 |
| Improvement | $81,674,935 |
|---|---|
| Total Improvement | $81,674,935 |
| Market | $108,103,876 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $108,103,876 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $108,103,876 |
| Taxable Value | $108,103,876 |
|---|
Appreciation: Market value has risen +4021.9% from $2,622,675 (2021) to $108,103,876 (2025), a CAGR of 153.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family 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 $2,212,330. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 24% of market value ($26,428,941 land vs $81,674,935 improvements), about $175/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $108,103,876, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +153.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,290,476,003 by 2030, with an estimated annual tax burden around $3,279,640. 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.
11 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 780,658 SF | ✗ |
| 187 | PARKING GARAGE | 170,000 SF | ✓ |
| 2ND | 2nd Floor | 75,149 SF | ✓ |
| 3RD | 3rd Floor | 75,149 SF | ✓ |
| 1ST | 1st Floor | 72,130 SF | ✓ |
| 4TH | 4th Floor | 70,044 SF | ✓ |
| MISC | Miscellaneous | 9,271 SF | ✓ |
| 5TH | 5th Floor | 8,411 SF | ✓ |
| 611 | TERRACE | 1,814 SF | ✗ |
| 601 | POOL COMM'L | 1,560 SF | ✗ |
| 581C | STORAGE ATT COMM | 510 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% | $1,000,177.06 | $1,000,177.06 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $566,482.69 | $566,482.69 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $406,303.01 | $406,303.01 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $127,587.44 | $127,587.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $111,779.41 | $111,779.41 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $2,212,329.61 | $2,212,329.61 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $107,620,000 | $108,103,876 | -0.4% |
| Assessed Value | $107,620,000 | $108,103,876 | -0.4% |
| Land Value | $26,428,941 | $26,428,941 | +0.0% |
| Improvement Value | $81,191,059 | $81,674,935 | -0.6% |
| Taxable Value | $107,620,000 | $108,103,876 | -0.4% |
| Total Tax 2026 = estimate |
~$2,202,427
Estimated
|
~$2,212,330
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $110,796,610 | $107,620,000 | -3,176,610 (-2.9%) |
| Taxable Value | $110,796,610 | $107,620,000 | -3,176,610 (-2.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $107,620,000 | $26,428,941 | $81,191,059 | — | $107,620,000 | $107,620,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $108,103,876 | $26,428,941 | $81,674,935 | — | $108,103,876 | $108,103,876 | ~$2,212,330 | Partial |
| 2024 | $126,730,000 | — | — | — | — | $— | $2,220,936 | Verified |
| 2023 | $108,500,000 | — | — | — | — | $— | $2,152,072 | Verified |
| 2022 | $98,500,000 | — | — | — | — | $— | $2,150,283 | Verified |
| 2021 | $2,622,675 | — | — | — | — | $— | $2,150,621 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.5% | +2.5% | ~100% | Not available | Partial |
| 2025 | -7.6% | -7.6% | ~100% | Not available | Partial |
| 2024 | -7.7% | -7.7% | ~100% | 1.9000% | Verified |
| 2023 | +9.2% | +9.2% | ~100% | 1.7000% | Verified |
| 2022 | +10.8% | +10.8% | ~100% | 1.8500% | Verified |
| 2021 | base year | — | ~100% | 82.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +3.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -0.4% | +733.5% | +153.6% | +3655.7% | 2022 | -14.7% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$2,212,330 | $2,177,248 | ~$2,820,677 | $2,220,936 | 2024 | $2,150,283 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$273,914,778 | ~$118,914,264 | ~2.0139% | ~$2,394,858 | +153.4% |
| 2027 | ~$694,048,245 | ~$130,805,690 | ~1.9814% | ~$2,591,768 | +542.0% |
| 2028 | ~$1,758,586,996 | ~$143,886,259 | ~1.9488% | ~$2,804,112 | +1526.8% |
| 2029 | ~$4,455,926,871 | ~$158,274,885 | ~1.9163% | ~$3,033,007 | +4021.9% |
| 2030 | ~$11,290,476,003 | ~$174,102,373 | ~1.8837% | ~$3,279,640 | +10344.1% |
| 2026 | ~$271,752,700 | ~$118,914,264 | ~2.0465% | ~$2,433,563 | +151.4% |
| 2027 | ~$683,134,895 | ~$130,805,690 | ~2.0465% | ~$2,676,919 | +531.9% |
| 2028 | ~$1,717,271,934 | ~$143,886,259 | ~2.0465% | ~$2,944,611 | +1488.5% |
| 2029 | ~$4,316,896,879 | ~$158,274,885 | ~2.0465% | ~$3,239,072 | +3893.3% |
| 2030 | ~$10,851,862,359 | ~$174,102,373 | ~2.0465% | ~$3,562,979 | +9938.4% |
| 2026 | ~$276,076,855 | ~$118,914,264 | ~1.9977% | ~$2,375,505 | +155.4% |
| 2027 | ~$705,048,077 | ~$130,805,690 | ~1.9488% | ~$2,549,193 | +552.2% |
| 2028 | ~$1,800,559,453 | ~$143,886,259 | ~1.9000% | ~$2,733,863 | +1565.6% |
| 2029 | ~$4,598,288,329 | ~$158,274,885 | ~1.8512% | ~$2,929,975 | +4153.6% |
| 2030 | ~$11,743,158,781 | ~$174,102,373 | ~1.8024% | ~$3,137,971 | +10762.8% |
In 2025, this property's market value of $108,103,876 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 208× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $108,103,876 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $126,730,000 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $108,500,000 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $98,500,000 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,622,675 | $300,453 | $376,850 | $539,896 | ↑ 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.