301 W 6 ST TX 78701
| Owner | SIXTH & LAVACA 2018 LP |
|---|---|
| Parcel ID | 0206011308 |
| Short ID | 194292 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 6,978 SF |
| Land SF | 5,888 SF |
| Acres | 0.135 |
| Year Built | 1967 |
| Legal | LOT 7 BLOCK 053 ORIGINAL CITY |
| Neighborhood | 31CBD |
| Land | $3,768,320 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,768,320 |
| Improvement | $147,603 |
|---|---|
| Total Improvement | $147,603 |
| Market | $3,915,923 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,915,923 |
| Value Limitation Adjustment (−) (homestead cap) | −$93,401 |
| Net Appraised (assessed) | $3,822,522 |
| Taxable Value | $3,822,522 |
|---|
Appreciation: Market value has risen +34.3% from $2,915,646 (2021) to $3,915,923 (2025), a CAGR of 7.7% over 4 years. This represents moderate, steady growth. 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 $78,227. Austin ISD is the largest single contributor, at 43.5% of the total 2025 levy.
Assessment Gap: Assessed value ($3,822,522) is $93,401 below market value, suggesting potential for an upward assessment in future years.
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 96% of market value ($3,768,320 land vs $147,603 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 $3,915,923, 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 +7.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,661,850 by 2030, with an estimated annual tax burden around $106,655. 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 | 5,498 SF | ✓ |
| 2ND | 2nd Floor | 1,480 SF | ✓ |
| 501 | CANOPY | 366 SF | ✗ |
| 611 | TERRACE | 366 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% | $35,365.97 | $35,365.97 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,030.67 | $20,030.67 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,366.76 | $14,366.76 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,511.46 | $4,511.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,952.49 | $3,952.49 | Paid |
| P2U | — | — | — | — | — | — | $3,073.33 | $3,073.33 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $81,300.68 | $81,300.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,915,923 | $3,915,923 | +0.0% |
| Assessed Value | $3,915,923 | $3,822,522 | +2.4% |
| Land Value | $4,710,400 | $3,768,320 | +25.0% |
| Improvement Value | — | $147,603 | — |
| Taxable Value | $3,915,923 | $3,822,522 | +2.4% |
| Total Tax 2026 = estimate |
~$80,139
Estimated
|
~$81,301
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,915,923 | $3,915,923 | +0 (+0.0%) |
| Taxable Value | $3,915,923 | $3,915,923 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,915,923 | $4,710,400 | — | — | $3,915,923 | $3,915,923 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,915,923 | $3,768,320 | $147,603 | −$93,401 | $3,822,522 | $3,822,522 | ~$81,301 | Partial |
| 2024 | $2,654,529 | — | — | — | $3,768,320 ! | $— | $65,613 | Verified |
| 2023 | $2,572,492 | — | — | −$217,292 | $2,355,200 | $— | $50,020 | Verified |
| 2022 | $2,577,750 | — | — | −$222,550 | $2,355,200 | $— | $52,877 | Verified |
| 2021 | $2,915,646 | — | — | −$560,446 | $2,355,200 | $— | $58,187 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +2.4% | ~100% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 97.6% | Not available | Partial |
| 2024 | +47.5% | +20.0% | 81.4% | 1.6800% | Verified |
| 2023 | +3.2% | +3.2% | ~100% | 1.8800% | Verified |
| 2022 | -0.2% | -0.2% | ~100% | 2.0600% | Verified |
| 2021 | base year | — | ~100% | 2.0000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +51.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +7.8% | +7.7% | +47.5% | 2025 | -11.6% | 2022 |
| Assessment Ratio | 100.0% | 100.6% | — | 142.0% | 2024 | 80.8% | 2021 |
| Effective Tax Rate (2025) | 2.0800% | 2.0800% | — | 2.0800% | 2025 | 2.0800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$81,301 | $61,600 | ~$95,450 | $81,301 | 2025 | $50,020 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,215,596 | ~$4,204,774 | ~2.0139% | ~$84,681 | +7.7% |
| 2027 | ~$4,538,202 | ~$4,538,202 | ~1.9814% | ~$89,919 | +15.9% |
| 2028 | ~$4,885,496 | ~$4,885,496 | ~1.9488% | ~$95,210 | +24.8% |
| 2029 | ~$5,259,367 | ~$5,259,367 | ~1.9163% | ~$100,785 | +34.3% |
| 2030 | ~$5,661,850 | ~$5,661,850 | ~1.8837% | ~$106,655 | +44.6% |
| 2026 | ~$4,137,278 | ~$4,137,278 | ~2.0465% | ~$84,669 | +5.7% |
| 2027 | ~$4,371,144 | ~$4,371,144 | ~2.0465% | ~$89,455 | +11.6% |
| 2028 | ~$4,618,231 | ~$4,618,231 | ~2.0465% | ~$94,511 | +17.9% |
| 2029 | ~$4,879,285 | ~$4,879,285 | ~2.0465% | ~$99,854 | +24.6% |
| 2030 | ~$5,155,095 | ~$5,155,095 | ~2.0465% | ~$105,498 | +31.6% |
| 2026 | ~$4,293,914 | ~$4,204,774 | ~1.9977% | ~$83,997 | +9.7% |
| 2027 | ~$4,708,392 | ~$4,625,252 | ~1.9488% | ~$90,139 | +20.2% |
| 2028 | ~$5,162,878 | ~$5,087,777 | ~1.9000% | ~$96,669 | +31.8% |
| 2029 | ~$5,661,234 | ~$5,596,554 | ~1.8512% | ~$103,603 | +44.6% |
| 2030 | ~$6,207,695 | ~$6,156,210 | ~1.8024% | ~$110,958 | +58.5% |
In 2025, this property's market value of $3,915,923 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +176% above 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 | $3,915,923 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $2,654,529 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,572,492 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,577,750 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,915,646 | $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.