501 W 6 ST TX 78701
| Owner | 501 MILLER WEST LLC |
|---|---|
| Parcel ID | 0206010304 |
| Short ID | 194185 |
| Type | Real |
| Use Code | 43 Strip Center (>10,000 SF) |
| Valuation | Income |
| Improvement SF | 28,536 SF |
| Land SF | 18,823 SF |
| Acres | 0.432 |
| Year Built | 1968 |
| Legal | LOT 5-6 & 8.4FT ALLEY BLOCK 051 ORIGINAL CITY |
| Neighborhood | 43CBD |
| Land | $7,340,970 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $7,340,970 |
| Improvement | $7,469,030 |
|---|---|
| Total Improvement | $7,469,030 |
| Market | $14,810,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $14,810,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $14,810,000 |
| Taxable Value | $14,810,000 |
|---|
Appreciation: Market value has fallen -1.3% from $15,000,000 (2021) to $14,810,000 (2025), a CAGR of -0.3% over 4 years. Growth has been relatively flat for this asset class. 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 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 $303,084. Austin ISD is the largest single contributor, at 43.3% 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 50% of market value ($7,340,970 land vs $7,469,030 improvements), about $390/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $14,810,000, 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 -0.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $14,575,881 by 2030, with an estimated annual tax burden around $274,572. 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 | 9,536 SF | ✓ |
| 2ND | 2nd Floor | 9,500 SF | ✓ |
| 3RD | 3rd Floor | 9,500 SF | ✓ |
| 551 | PAVED AREA | 7,870 SF | ✗ |
| 501 | CANOPY | 338 SF | ✗ |
| 611 | TERRACE | 252 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% | $137,022.12 | $137,022.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $77,606.92 | $77,606.92 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $55,662.64 | $55,662.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $17,479.21 | $17,479.21 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $15,313.54 | $15,313.54 | Paid |
| P2U | — | — | — | — | — | — | $13,236.75 | $13,236.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $316,321.18 | $316,321.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $15,614,386 | $14,810,000 | +5.4% |
| Assessed Value | $15,614,386 | $14,810,000 | +5.4% |
| Land Value | $13,552,560 | $7,340,970 | +84.6% |
| Improvement Value | $2,061,826 | $7,469,030 | -72.4% |
| Taxable Value | $15,614,386 | $14,810,000 | +5.4% |
| Total Tax 2026 = estimate |
~$319,546
Estimated
|
~$316,321
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $15,788,956 | $15,614,386 | -174,570 (-1.1%) |
| Taxable Value | $15,788,956 | $15,614,386 | -174,570 (-1.1%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $15,614,386 | $13,552,560 | $2,061,826 | — | $15,614,386 | $15,614,386 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $14,810,000 | $7,340,970 | $7,469,030 | — | $14,810,000 | $14,810,000 | ~$316,321 | Partial |
| 2024 | $14,792,493 | — | — | −$7,451,523 | $7,340,970 | $— | $307,578 | Verified |
| 2023 | $14,020,506 | — | — | −$7,997,146 | $6,023,360 | $— | $280,853 | Verified |
| 2022 | $13,931,902 | — | — | −$7,908,542 | $6,023,360 | $— | $290,415 | Verified |
| 2021 | $15,000,000 | — | — | −$8,976,640 | $6,023,360 | $— | $303,253 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +6.6% | +6.6% | ~100% | Not available | Partial |
| 2025 | -0.3% | -0.3% | ~100% | Not available | Partial |
| 2024 | +0.4% | +0.4% | ~100% | 2.0700% | Verified |
| 2023 | +5.5% | +5.5% | ~100% | 1.9000% | Verified |
| 2022 | +0.6% | +0.6% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.0200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +6.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.4% | +0.9% | -1.3% | +5.5% | 2024 | -7.1% | 2022 |
| Assessment Ratio | 100.0% | 62.7% | — | 100.0% | 2025 | 40.2% | 2021 |
| Effective Tax Rate (2025) | 2.1400% | 2.1400% | — | 2.1400% | 2025 | 2.1400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$316,321 | $299,684 | ~$285,910 | $316,321 | 2025 | $280,853 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$14,762,877 | ~$14,762,877 | ~2.0139% | ~$297,315 | -0.3% |
| 2027 | ~$14,715,904 | ~$14,715,904 | ~1.9814% | ~$291,579 | -0.6% |
| 2028 | ~$14,669,081 | ~$14,669,081 | ~1.9488% | ~$285,877 | -1.0% |
| 2029 | ~$14,622,407 | ~$14,622,407 | ~1.9163% | ~$280,208 | -1.3% |
| 2030 | ~$14,575,881 | ~$14,575,881 | ~1.8837% | ~$274,572 | -1.6% |
| 2026 | ~$14,466,677 | ~$14,466,677 | ~2.0465% | ~$296,058 | -2.3% |
| 2027 | ~$14,131,313 | ~$14,131,313 | ~2.0465% | ~$289,195 | -4.6% |
| 2028 | ~$13,803,724 | ~$13,803,724 | ~2.0465% | ~$282,491 | -6.8% |
| 2029 | ~$13,483,728 | ~$13,483,728 | ~2.0465% | ~$275,942 | -9.0% |
| 2030 | ~$13,171,151 | ~$13,171,151 | ~2.0465% | ~$269,546 | -11.1% |
| 2026 | ~$15,059,077 | ~$15,059,077 | ~1.9977% | ~$300,829 | +1.7% |
| 2027 | ~$15,312,344 | ~$15,312,344 | ~1.9488% | ~$298,413 | +3.4% |
| 2028 | ~$15,569,869 | ~$15,569,869 | ~1.9000% | ~$295,830 | +5.1% |
| 2029 | ~$15,831,726 | ~$15,831,726 | ~1.8512% | ~$293,076 | +6.9% |
| 2030 | ~$16,097,987 | ~$16,097,987 | ~1.8024% | ~$290,145 | +8.7% |
In 2025, this property's market value of $14,810,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 10× 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 | $14,810,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $14,792,493 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $14,020,506 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $13,931,902 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $15,000,000 | $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.