106 E 6 ST TX 78701
| Owner | 601 CONGRESS LP |
|---|---|
| Parcel ID | 0206030701 |
| Short ID | 194403 |
| Type | Real |
| Use Code | 50 Office Hi-Rise (≥6 Stories) |
| Valuation | Income |
| Improvement SF | 47,484 SF |
| Land SF | 12,153 SF |
| Acres | 0.279 |
| Year Built | 1914 |
| Legal | LOT 1 & S 23FT OF LOT 2 & N23FT OF E 60FT OF LOT 2 BLOCK 069 ORIGINAL CITY |
| Neighborhood | 50CBD |
| Land | $12,639,370 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $12,639,370 |
| Improvement | $20,727,280 |
|---|---|
| Total Improvement | $20,727,280 |
| Market | $33,366,650 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $33,366,650 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $33,366,650 |
| Exemptions (−) (HT) | −$13,523,483 |
|---|---|
| Taxable Value | $19,843,167 |
Appreciation: Market value has fallen -39.1% from $54,830,778 (2021) to $33,366,650 (2025), a CAGR of -11.7% over 4 years. Growth has been relatively flat for this asset class. 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 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 $406,087. Austin ISD is the largest single contributor, at 49.1% 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 38% of market value ($12,639,370 land vs $20,727,280 improvements), about $1,040/SF of land. Most value sits in the improvements, so building condition, age (~112 yrs), and rent roll drive the underwriting.
Submarket Position: At $33,366,650, 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 -11.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $17,933,822 by 2030, with an estimated annual tax burden around $337,827. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 491 | SPRINKLER HEADS | 119,772 SF | ✗ |
| ADDL | Additional Floor | 48,192 SF | ✓ |
| 1ST | 1st Floor | 12,348 SF | ✓ |
| 2ND | 2nd Floor | 12,048 SF | ✓ |
| 3RD | 3rd Floor | 12,048 SF | ✓ |
| 4TH | 4th Floor | 12,048 SF | ✓ |
| 5TH | 5th Floor | 12,048 SF | ✓ |
| FBSMT | Finished Basement | 11,040 SF | ✓ |
| UBSMT | Unfinished Basement | 2,534 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% | $243,604.43 | $243,604.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $103,020.91 | $103,020.91 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $73,890.53 | $73,890.53 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $34,122.00 | $34,122.00 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $23,203.14 | $23,203.14 | Paid |
| P2U | — | — | — | — | — | — | $17,892.43 | $17,892.43 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $496,233.44 | $496,233.44 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $33,992,931 | $33,366,650 | +1.9% |
| Assessed Value | $33,992,931 | $33,366,650 | +1.9% |
| Land Value | $14,583,888 | $12,639,370 | +15.4% |
| Improvement Value | $19,409,043 | $20,727,280 | -6.4% |
| Taxable Value | $14,094,563 | $19,843,167 | -29.0% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$288,443
Estimated
|
~$496,233
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $47,088,680 | $33,992,931 | -13,095,749 (-27.8%) |
| Taxable Value | $27,190,312 | $14,094,563 | -13,095,749 (-48.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $33,992,931 | $14,583,888 | $19,409,043 | — | $33,992,931 | $14,094,563 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $33,366,650 | $12,639,370 | $20,727,280 | — | $33,366,650 | $19,843,167 | ~$496,233 | Partial |
| 2024 | $51,293,386 | — | — | −$38,654,016 | $12,639,370 | $— | $588,022 | Verified |
| 2023 | $58,375,650 | — | — | −$50,081,064 | $8,294,586 | $— | $574,340 | Verified |
| 2022 | $57,886,700 | — | — | −$49,592,114 | $8,294,586 | $— | $669,777 | Verified |
| 2021 | $54,830,778 | — | — | −$46,536,192 | $8,294,586 | $— | $666,340 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +41.1% | +41.1% | ~100% | Not available | Partial |
| 2025 | -22.0% | -22.0% | ~100% | Not available | Partial |
| 2024 | -16.6% | -16.6% | ~100% | 1.3700% | Verified |
| 2023 | -12.1% | -12.1% | ~100% | 1.1200% | Verified |
| 2022 | +0.8% | +0.8% | ~100% | 1.1500% | Verified |
| 2021 | base year | — | ~100% | 1.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -42.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +1.9% | -7.7% | -12.0% | +5.6% | 2022 | -34.9% | 2025 |
| Assessment Ratio | 100.0% | 44.7% | — | 100.0% | 2025 | 14.2% | 2023 |
| Effective Tax Rate (2025) | 1.4900% | 1.4900% | — | 1.4900% | 2025 | 1.4900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$496,233 | $598,942 | ~$456,841 | $669,777 | 2022 | $496,233 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$29,470,307 | ~$29,470,307 | ~2.0139% | ~$593,513 | -11.7% |
| 2027 | ~$26,028,953 | ~$26,028,953 | ~1.9814% | ~$515,735 | -22.0% |
| 2028 | ~$22,989,459 | ~$22,989,459 | ~1.9488% | ~$448,028 | -31.1% |
| 2029 | ~$20,304,898 | ~$20,304,898 | ~1.9163% | ~$389,101 | -39.1% |
| 2030 | ~$17,933,822 | ~$17,933,822 | ~1.8837% | ~$337,827 | -46.3% |
| 2026 | ~$31,698,318 | ~$31,698,318 | ~2.0465% | ~$648,701 | -5.0% |
| 2027 | ~$30,113,402 | ~$30,113,402 | ~2.0465% | ~$616,266 | -9.7% |
| 2028 | ~$28,607,732 | ~$28,607,732 | ~2.0465% | ~$585,453 | -14.3% |
| 2029 | ~$27,177,345 | ~$27,177,345 | ~2.0465% | ~$556,180 | -18.5% |
| 2030 | ~$25,818,478 | ~$25,818,478 | ~2.0465% | ~$528,371 | -22.6% |
| 2026 | ~$30,137,640 | ~$30,137,640 | ~1.9977% | ~$602,048 | -9.7% |
| 2027 | ~$27,221,112 | ~$27,221,112 | ~1.9488% | ~$530,496 | -18.4% |
| 2028 | ~$24,586,828 | ~$24,586,828 | ~1.9000% | ~$467,154 | -26.3% |
| 2029 | ~$22,207,472 | ~$22,207,472 | ~1.8512% | ~$411,103 | -33.4% |
| 2030 | ~$20,058,376 | ~$20,058,376 | ~1.8024% | ~$361,526 | -39.9% |
In 2025, this property's market value of $33,366,650 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 24× 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 | $33,366,650 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $51,293,386 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $58,375,650 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $57,886,700 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $54,830,778 | $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.