1645 E 6 ST TX 78702
| Owner | LAMY-EASTSIDE LLC |
|---|---|
| Parcel ID | 0204081204 |
| Short ID | 852356 |
| Type | Real |
| Use Code | 51 Office Large (>35,000 SF) |
| Valuation | Income |
| Improvement SF | 70,875 SF |
| Land SF | 34,789 SF |
| Acres | 0.799 |
| Year Built | 2015 |
| Legal | LOT 1 EASTSIDE VILLAGE |
| Neighborhood | 51EAS |
| Land | $5,218,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,218,350 |
| Improvement | $31,613,864 |
|---|---|
| Total Improvement | $31,613,864 |
| Market | $36,832,214 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $36,832,214 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $36,832,214 |
| Taxable Value | $36,832,214 |
|---|
Appreciation: Market value has fallen -27.1% from $50,536,799 (2021) to $36,832,214 (2025), a CAGR of -7.6% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $753,766. 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 14% of market value ($5,218,350 land vs $31,613,864 improvements), about $150/SF of land. Most value sits in the improvements, so building condition, age (~11 yrs), and rent roll drive the underwriting.
Submarket Position: At $36,832,214, 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 -7.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $24,802,928 by 2030, with an estimated annual tax burden around $467,223. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 23,625 SF | ✓ |
| 2ND | 2nd Floor | 23,625 SF | ✓ |
| 3RD | 3rd Floor | 23,625 SF | ✓ |
| 4TH | 4th Floor | 23,625 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% | $340,771.64 | $340,771.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $193,007.06 | $193,007.06 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $138,432.03 | $138,432.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $43,470.48 | $43,470.48 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $38,084.51 | $38,084.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $753,765.72 | $753,765.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $33,622,714 | $36,832,214 | -8.7% |
| Assessed Value | $33,622,714 | $36,832,214 | -8.7% |
| Land Value | $5,218,350 | $5,218,350 | +0.0% |
| Improvement Value | $28,404,364 | $31,613,864 | -10.2% |
| Taxable Value | $33,622,714 | $36,832,214 | -8.7% |
| Total Tax 2026 = estimate |
~$688,084
Estimated
|
~$753,766
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $33,951,023 | $33,622,714 | -328,309 (-1.0%) |
| Taxable Value | $33,951,023 | $33,622,714 | -328,309 (-1.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $33,622,714 | $5,218,350 | $28,404,364 | — | $33,622,714 | $33,622,714 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $36,832,214 | $5,218,350 | $31,613,864 | — | $36,832,214 | $36,832,214 | ~$753,766 | Partial |
| 2024 | $46,750,000 | — | — | −$41,531,650 | $5,218,350 | $— | $888,294 | Verified |
| 2023 | $57,466,998 | — | — | −$52,248,648 | $5,218,350 | $— | $850,462 | Verified |
| 2022 | $52,901,283 | — | — | −$48,552,658 | $4,348,625 | $— | $1,032,356 | Verified |
| 2021 | $50,536,799 | — | — | −$46,536,064 | $4,000,735 | $— | $1,065,482 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -7.8% | -7.8% | ~100% | Not available | Partial |
| 2025 | -17.8% | -17.8% | ~100% | Not available | Partial |
| 2024 | -12.9% | -12.9% | ~100% | 1.9800% | Verified |
| 2023 | -10.5% | -10.5% | ~100% | 1.6500% | Verified |
| 2022 | +8.6% | +8.6% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 2.1100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -30.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -8.7% | -7.0% | -5.8% | +8.6% | 2023 | -21.2% | 2025 |
| Assessment Ratio | 100.0% | 39.4% | — | 100.0% | 2025 | 7.9% | 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 |
$753,766 | $918,072 | ~$571,247 | $1,065,482 | 2021 | $753,766 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$34,031,638 | ~$34,031,638 | ~2.0139% | ~$685,376 | -7.6% |
| 2027 | ~$31,444,006 | ~$31,444,006 | ~1.9814% | ~$623,028 | -14.6% |
| 2028 | ~$29,053,128 | ~$29,053,128 | ~1.9488% | ~$566,199 | -21.1% |
| 2029 | ~$26,844,043 | ~$26,844,043 | ~1.9163% | ~$514,410 | -27.1% |
| 2030 | ~$24,802,928 | ~$24,802,928 | ~1.8837% | ~$467,223 | -32.7% |
| 2026 | ~$34,990,603 | ~$34,990,603 | ~2.0465% | ~$716,077 | -5.0% |
| 2027 | ~$33,241,073 | ~$33,241,073 | ~2.0465% | ~$680,274 | -9.8% |
| 2028 | ~$31,579,019 | ~$31,579,019 | ~2.0465% | ~$646,260 | -14.3% |
| 2029 | ~$30,000,069 | ~$30,000,069 | ~2.0465% | ~$613,947 | -18.5% |
| 2030 | ~$28,500,065 | ~$28,500,065 | ~2.0465% | ~$583,250 | -22.6% |
| 2026 | ~$34,768,282 | ~$34,768,282 | ~1.9977% | ~$694,553 | -5.6% |
| 2027 | ~$32,820,005 | ~$32,820,005 | ~1.9488% | ~$639,609 | -10.9% |
| 2028 | ~$30,980,901 | ~$30,980,901 | ~1.9000% | ~$588,642 | -15.9% |
| 2029 | ~$29,244,853 | ~$29,244,853 | ~1.8512% | ~$541,379 | -20.6% |
| 2030 | ~$27,606,087 | ~$27,606,087 | ~1.8024% | ~$497,564 | -25.0% |
In 2025, this property's market value of $36,832,214 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 26× 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 | $36,832,214 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $46,750,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $57,466,998 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $52,901,283 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $50,536,799 | $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.