305 W 6 ST TX 78701
| Owner | SIXTH & LAVACA 2018 LP |
|---|---|
| Parcel ID | 0206011307 |
| Short ID | 194291 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 6,107 SF |
| Land SF | 8,832 SF |
| Acres | 0.203 |
| Year Built | 1967 |
| Legal | LOT 8 & E23FT OF LOT 9 BLOCK 053 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $5,652,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $5,652,480 |
| Improvement | $139,587 |
|---|---|
| Total Improvement | $139,587 |
| Market | $5,792,067 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $5,792,067 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $5,792,067 |
| Taxable Value | $5,792,067 |
|---|
Appreciation: Market value has risen +47.1% from $3,937,594 (2021) to $5,792,067 (2025), a CAGR of 10.1% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $118,534. Austin ISD is the largest single contributor, at 43.4% 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 98% of market value ($5,652,480 land vs $139,587 improvements), about $640/SF of land. With value concentrated in the land under a ~59-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $5,792,067, 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 +10.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $9,382,896 by 2030, with an estimated annual tax burden around $175,719. 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 |
|---|---|---|---|
| 611 | TERRACE | 5,753 SF | ✗ |
| 2ND | 2nd Floor | 3,060 SF | ✓ |
| 1ST | 1st Floor | 3,047 SF | ✓ |
| 327 | STORAGE COMM'L | 838 SF | ✓ |
| 501 | CANOPY | 469 SF | ✗ |
| 413 | STAIRWAY EXT | 3 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% | $53,588.20 | $53,588.20 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $30,351.42 | $30,351.42 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $21,769.19 | $21,769.19 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $6,835.97 | $6,835.97 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $5,989.00 | $5,989.00 | Paid |
| P2U | — | — | — | — | — | — | $4,895.16 | $4,895.16 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $123,428.94 | $123,428.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $7,000,000 | $5,792,067 | +20.9% |
| Assessed Value | $7,000,000 | $5,792,067 | +20.9% |
| Land Value | $7,065,600 | $5,652,480 | +25.0% |
| Improvement Value | — | $139,587 | — |
| Taxable Value | $7,000,000 | $5,792,067 | +20.9% |
| Total Tax 2026 = estimate |
~$143,254
Estimated
|
~$123,429
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $7,000,000 | $7,000,000 | +0 (+0.0%) |
| Taxable Value | $7,000,000 | $7,000,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $7,000,000 | $7,065,600 | — | — | $7,000,000 | $7,000,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $5,792,067 | $5,652,480 | $139,587 | — | $5,792,067 | $5,792,067 | ~$123,429 | Partial |
| 2024 | $3,783,551 | — | — | — | $5,652,480 ! | $— | $119,665 | Verified |
| 2023 | $3,741,632 | — | — | −$208,832 | $3,532,800 | $— | $71,491 | Verified |
| 2022 | $3,739,054 | — | — | −$206,254 | $3,532,800 | $— | $77,136 | Verified |
| 2021 | $3,937,594 | — | — | −$404,794 | $3,532,800 | $— | $84,626 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.9% | +20.9% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +53.1% | +53.1% | ~100% | 2.0700% | Verified |
| 2023 | +1.1% | +1.1% | ~100% | 1.8900% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +20.9% | +14.0% | +6.3% | +53.1% | 2025 | -5.0% | 2022 |
| Assessment Ratio | 100.0% | 104.7% | — | 149.4% | 2024 | 89.7% | 2021 |
| Effective Tax Rate (2025) | 2.1300% | 2.1300% | — | 2.1300% | 2025 | 2.1300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$123,429 | $95,269 | ~$151,128 | $123,429 | 2025 | $71,491 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,378,730 | ~$6,371,274 | ~2.0139% | ~$128,313 | +10.1% |
| 2027 | ~$7,024,815 | ~$7,008,401 | ~1.9814% | ~$138,864 | +21.3% |
| 2028 | ~$7,736,340 | ~$7,709,241 | ~1.9488% | ~$150,241 | +33.6% |
| 2029 | ~$8,519,934 | ~$8,480,165 | ~1.9163% | ~$162,505 | +47.1% |
| 2030 | ~$9,382,896 | ~$9,328,182 | ~1.8837% | ~$175,719 | +62.0% |
| 2026 | ~$6,262,889 | ~$6,262,889 | ~2.0465% | ~$128,169 | +8.1% |
| 2027 | ~$6,771,983 | ~$6,771,983 | ~2.0465% | ~$138,588 | +16.9% |
| 2028 | ~$7,322,459 | ~$7,322,459 | ~2.0465% | ~$149,853 | +26.4% |
| 2029 | ~$7,917,683 | ~$7,917,683 | ~2.0465% | ~$162,034 | +36.7% |
| 2030 | ~$8,561,291 | ~$8,561,291 | ~2.0465% | ~$175,206 | +47.8% |
| 2026 | ~$6,494,572 | ~$6,371,274 | ~1.9977% | ~$127,277 | +12.1% |
| 2027 | ~$7,282,281 | ~$7,008,401 | ~1.9488% | ~$136,582 | +25.7% |
| 2028 | ~$8,165,530 | ~$7,709,241 | ~1.9000% | ~$146,477 | +41.0% |
| 2029 | ~$9,155,906 | ~$8,480,165 | ~1.8512% | ~$156,984 | +58.1% |
| 2030 | ~$10,266,401 | ~$9,328,182 | ~1.8024% | ~$168,128 | +77.2% |
In 2025, this property's market value of $5,792,067 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 4× 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 | $5,792,067 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $3,783,551 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $3,741,632 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,739,054 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,937,594 | $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.