210 W 6 ST TX 78701
| Owner | UNIVERSITY OF TEXAS |
|---|---|
| Parcel ID | 0206011901 |
| Short ID | 194328 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 106,395 SF |
| Land SF | 40,846 SF |
| Acres | 0.938 |
| Year Built | 2020 |
| Legal | LOT 1-6 BLOCK 071 ORIGINAL CITY PLUS VAC ALLEY |
| Neighborhood | 50CBD |
| Land | $42,480,058 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $42,480,058 |
| Improvement | $345,076,271 |
|---|---|
| Total Improvement | $345,076,271 |
| Market | $387,556,329 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $387,556,329 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $387,556,329 |
| Taxable Value | $387,556,329 |
|---|
Appreciation: Market value has risen +465.4% from $68,540,020 (2021) to $387,556,329 (2025), a CAGR of 54.2% over 4 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 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 $7,931,282. 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 11% of market value ($42,480,058 land vs $345,076,271 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $387,556,329, 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 +54.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,379,271,549 by 2030, with an estimated annual tax burden around $11,757,630. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 187 | PARKING GARAGE | 684,400 SF | ✓ |
| ADDL | Additional Floor | 531,975 SF | ✓ |
| 1ST | 1st Floor | 35,465 SF | ✓ |
| 2ND | 2nd Floor | 35,465 SF | ✓ |
| 3RD | 3rd Floor | 35,465 SF | ✓ |
| 4TH | 4th Floor | 35,465 SF | ✓ |
| 5TH | 5th Floor | 35,465 SF | ✓ |
Market value changed by 143% 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% | $3,423,240.00 | $3,423,240.00 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,938,862.90 | $1,938,862.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,390,626.50 | $1,390,626.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $436,685.10 | $436,685.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $382,580.00 | $382,580.00 | Paid |
| P2U | — | — | — | — | — | — | $341,787.50 | $341,787.50 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,913,782.00 | $7,913,782.00 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $416,484,195 | $387,556,329 | +7.5% |
| Assessed Value | $416,484,195 | $387,556,329 | +7.5% |
| Land Value | $57,184,694 | $42,480,058 | +34.6% |
| Improvement Value | $359,299,501 | $345,076,271 | +4.1% |
| Taxable Value | $416,484,195 | $387,556,329 | +7.5% |
| Total Tax 2026 = estimate |
~$8,523,287
Estimated
|
~$7,913,782
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $426,418,050 | $416,484,195 | -9,933,855 (-2.3%) |
| Taxable Value | $426,418,050 | $416,484,195 | -9,933,855 (-2.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $416,484,195 | $57,184,694 | $359,299,501 | — | $416,484,195 | $416,484,195 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $387,556,329 | $42,480,058 | $345,076,271 | — | $387,556,329 | $387,556,329 | ~$7,913,782 | Partial |
| 2024 | $456,036,800 | — | — | −$413,556,742 | $42,480,058 | $— | $8,098,582 | Verified |
| 2023 | $512,657,750 | — | — | −$486,107,713 | $26,550,037 | $— | $8,735,447 | Verified |
| 2022 | $211,128,258 | — | — | −$184,578,221 | $26,550,037 | $— | $9,399,224 | Verified |
| 2021 | $68,540,020 | — | — | −$41,989,983 | $26,550,037 | $— | $4,806,213 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.0% | +10.0% | ~100% | Not available | Partial |
| 2025 | -2.9% | -2.9% | ~100% | Not available | Partial |
| 2024 | -23.3% | -23.3% | ~100% | 2.0300% | Verified |
| 2023 | +1.5% | +1.5% | ~100% | 1.6800% | Verified |
| 2022 | +142.8% ! | +142.8% | ~100% | 1.8300% | Verified |
| 2021 | base year | — | ~100% | 7.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +83.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +7.5% | +66.5% | +52.1% | +208.0% | 2022 | -15.0% | 2025 |
| Assessment Ratio | 100.0% | 44.3% | — | 100.0% | 2025 | 5.2% | 2023 |
| Effective Tax Rate (2025) | 2.0400% | 2.0400% | — | 2.0400% | 2025 | 2.0400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,913,782 | $7,790,649 | ~$10,112,230 | $9,399,224 | 2022 | $4,806,213 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$597,630,131 | ~$426,311,962 | ~2.0139% | ~$8,585,652 | +54.2% |
| 2027 | ~$921,573,837 | ~$468,943,158 | ~1.9814% | ~$9,291,583 | +137.8% |
| 2028 | ~$1,421,110,305 | ~$515,837,474 | ~1.9488% | ~$10,052,844 | +266.7% |
| 2029 | ~$2,191,419,088 | ~$567,421,221 | ~1.9163% | ~$10,873,442 | +465.4% |
| 2030 | ~$3,379,271,549 | ~$624,163,343 | ~1.8837% | ~$11,757,630 | +771.9% |
| 2026 | ~$589,879,004 | ~$426,311,962 | ~2.0465% | ~$8,724,410 | +52.2% |
| 2027 | ~$897,823,654 | ~$468,943,158 | ~2.0465% | ~$9,596,851 | +131.7% |
| 2028 | ~$1,366,529,930 | ~$515,837,474 | ~2.0465% | ~$10,556,537 | +252.6% |
| 2029 | ~$2,079,922,979 | ~$567,421,221 | ~2.0465% | ~$11,612,190 | +436.7% |
| 2030 | ~$3,165,740,833 | ~$624,163,343 | ~2.0465% | ~$12,773,409 | +716.8% |
| 2026 | ~$605,381,257 | ~$426,311,962 | ~1.9977% | ~$8,516,273 | +56.2% |
| 2027 | ~$945,634,065 | ~$468,943,158 | ~1.9488% | ~$9,138,949 | +144.0% |
| 2028 | ~$1,477,124,991 | ~$515,837,474 | ~1.9000% | ~$9,800,998 | +281.1% |
| 2029 | ~$2,307,338,876 | ~$567,421,221 | ~1.8512% | ~$10,504,068 | +495.4% |
| 2030 | ~$3,604,172,105 | ~$624,163,343 | ~1.8024% | ~$11,249,741 | +830.0% |
In 2025, this property's market value of $387,556,329 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 273× 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 | $387,556,329 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $456,036,800 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $512,657,750 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $211,128,258 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $68,540,020 | $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.