1408 E 6 ST TX 78702
| Owner | 1408 E 6TH ST LLC |
|---|---|
| Parcel ID | 0205071211 |
| Short ID | 193025 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 3,231 SF |
| Land SF | 6,300 SF |
| Acres | 0.145 |
| Year Built | 2020 |
| Legal | LOT 9 BLK 1 DIVISION A |
| Neighborhood | 53EAS |
| Land | $1,102,500 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,102,500 |
| Improvement | $1,197,466 |
|---|---|
| Total Improvement | $1,197,466 |
| Market | $2,299,966 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,299,966 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,299,966 |
| Taxable Value | $2,299,966 |
|---|
Appreciation: Market value has risen +187.5% from $800,000 (2022) to $2,299,966 (2025), a CAGR of 42.2% over 3 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +54.6%, so this parcel has outpaced the broader land/vacant 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 $47,068. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Land / Vacant. 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 48% of market value ($1,102,500 land vs $1,197,466 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 $2,299,966, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +42.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,369,253 by 2030, with an estimated annual tax burden around $69,776. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,720 SF | ✓ |
| 2ND | 2nd Floor | 1,511 SF | ✓ |
| 501 | CANOPY | 160 SF | ✗ |
Market value changed by 94% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $21,279.29 | $21,279.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $12,052.21 | $12,052.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $8,644.31 | $8,644.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,714.49 | $2,714.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,378.16 | $2,378.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $47,068.46 | $47,068.46 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,299,966 | $2,299,966 | +0.0% |
| Assessed Value | $2,299,966 | $2,299,966 | +0.0% |
| Land Value | $1,102,500 | $1,102,500 | +0.0% |
| Improvement Value | $1,197,466 | $1,197,466 | +0.0% |
| Taxable Value | $2,299,966 | $2,299,966 | +0.0% |
| Total Tax 2026 = estimate |
~$47,068
Estimated
|
~$47,068
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,304,342 | $2,299,966 | -4,376 (-0.2%) |
| Taxable Value | $2,304,342 | $2,299,966 | -4,376 (-0.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,299,966 | $1,102,500 | $1,197,466 | — | $2,299,966 | $2,299,966 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,299,966 | $1,102,500 | $1,197,466 | — | $2,299,966 | $2,299,966 | ~$47,068 | Partial |
| 2024 | $1,608,702 | — | — | — | — | $— | $41,525 | Verified |
| 2023 | $1,711,979 | — | — | — | — | $— | $29,105 | Verified |
| 2022 | $800,000 | — | — | — | — | $— | $33,810 | Verified |
| 2021 | $— | — | — | — | — | $— | $17,413 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.2% | +0.2% | ~100% | Not available | Partial |
| 2025 | -5.8% | +8.8% | ~100% | Not available | Partial |
| 2024 | +51.8% | +31.4% | 86.5% | 1.7000% | Verified |
| 2023 | -6.0% | -6.0% | ~100% | 1.8100% | Verified |
| 2022 | +94.4% ! | +94.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +161.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +37.8% | +42.2% | +114.0% | 2023 | -6.0% | 2024 |
| 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 |
$47,068 | $37,877 | ~$60,011 | $47,068 | 2025 | $29,105 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,270,383 | ~$2,529,963 | ~2.0139% | ~$50,952 | +42.2% |
| 2027 | ~$4,650,244 | ~$2,782,959 | ~1.9814% | ~$55,141 | +102.2% |
| 2028 | ~$6,612,305 | ~$3,061,255 | ~1.9488% | ~$59,659 | +187.5% |
| 2029 | ~$9,402,211 | ~$3,367,380 | ~1.9163% | ~$64,529 | +308.8% |
| 2030 | ~$13,369,253 | ~$3,704,118 | ~1.8837% | ~$69,776 | +481.3% |
| 2026 | ~$3,224,383 | ~$2,529,963 | ~2.0465% | ~$51,775 | +40.2% |
| 2027 | ~$4,520,348 | ~$2,782,959 | ~2.0465% | ~$56,953 | +96.5% |
| 2028 | ~$6,337,196 | ~$3,061,255 | ~2.0465% | ~$62,648 | +175.5% |
| 2029 | ~$8,884,283 | ~$3,367,380 | ~2.0465% | ~$68,913 | +286.3% |
| 2030 | ~$12,455,111 | ~$3,704,118 | ~2.0465% | ~$75,804 | +441.5% |
| 2026 | ~$3,316,382 | ~$2,529,963 | ~1.9977% | ~$50,540 | +44.2% |
| 2027 | ~$4,781,979 | ~$2,782,959 | ~1.9488% | ~$54,235 | +107.9% |
| 2028 | ~$6,895,262 | ~$3,061,255 | ~1.9000% | ~$58,164 | +199.8% |
| 2029 | ~$9,942,461 | ~$3,367,380 | ~1.8512% | ~$62,337 | +332.3% |
| 2030 | ~$14,336,298 | ~$3,704,118 | ~1.8024% | ~$66,762 | +523.3% |
In 2025, this property's market value of $2,299,966 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 27× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,299,966 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | $1,608,702 | $23,000 | $66,000 | $330,000 | ↑ Top 25% | +0.0% |
| 2023 | $1,711,979 | $25,000 | $71,500 | $271,439 | ↑ Top 25% | +0.0% |
| 2022 | $800,000 | $15,000 | $55,000 | $180,463 | ↑ Top 25% | +100.0% |
| 2021 | — | $6,000 | $14,480 | $80,000 | — | 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.