215 E 6 ST TX 78701
| Owner | LAVES BENARD & HAROLD |
|---|---|
| Parcel ID | 0206031106 |
| Short ID | 194458 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 4,692 SF |
| Land SF | 2,944 SF |
| Acres | 0.068 |
| Year Built | 1915 |
| Legal | E 23FT OF LOT 9 BLOCK 057 ORIGINAL CITY (TOTAL SQ FT 2944) |
| Neighborhood | 31CBD |
| Land | $1,177,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,177,600 |
| Improvement | $433,014 |
|---|---|
| Total Improvement | $433,014 |
| Market | $1,610,614 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,610,614 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,610,614 |
| Taxable Value | $1,610,614 |
|---|
Appreciation: Market value has risen +6.1% from $1,518,446 (2021) to $1,610,614 (2025), a CAGR of 1.5% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2023→2024), 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 $32,961. Austin ISD is the largest single contributor, at 43.2% 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 73% of market value ($1,177,600 land vs $433,014 improvements), about $400/SF of land. With value concentrated in the land under a ~111-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 $1,610,614, this parcel sits in the upper-middle (50th–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 +1.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,733,731 by 2030, with an estimated annual tax burden around $32,659. 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.
2 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,967 SF | ✓ |
| 2ND | 2nd Floor | 1,725 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% | $14,901.40 | $14,901.40 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $8,439.89 | $8,439.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,053.41 | $6,053.41 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,900.89 | $1,900.89 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,665.37 | $1,665.37 | Paid |
| P2U | — | — | — | — | — | — | $1,027.32 | $1,027.32 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $34,488.28 | $34,488.28 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,684,466 | $1,610,614 | +4.6% |
| Assessed Value | $1,684,466 | $1,610,614 | +4.6% |
| Land Value | $1,177,600 | $1,177,600 | +0.0% |
| Improvement Value | $506,866 | $433,014 | +17.1% |
| Taxable Value | $1,684,466 | $1,610,614 | +4.6% |
| Total Tax 2026 = estimate |
~$34,472
Estimated
|
~$34,488
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,773,122 | $1,684,466 | -88,656 (-5.0%) |
| Taxable Value | $1,773,122 | $1,684,466 | -88,656 (-5.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,684,466 | $1,177,600 | $506,866 | — | $1,684,466 | $1,684,466 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,610,614 | $1,177,600 | $433,014 | — | $1,610,614 | $1,610,614 | ~$34,488 | Partial |
| 2024 | $1,550,300 | — | — | −$372,700 | $1,177,600 | $— | $33,447 | Verified |
| 2023 | $1,400,000 | — | — | −$222,400 | $1,177,600 | $— | $29,520 | Verified |
| 2022 | $1,400,000 | — | — | −$222,400 | $1,177,600 | $— | $29,049 | Verified |
| 2021 | $1,518,446 | — | — | −$340,846 | $1,177,600 | $— | $31,874 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +10.1% | +10.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +3.9% | +3.9% | ~100% | 2.0800% | Verified |
| 2023 | +2.6% | +2.6% | ~100% | 1.9000% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 1.9200% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.6% | +2.3% | +0.6% | +10.7% | 2024 | -7.8% | 2022 |
| Assessment Ratio | 100.0% | 87.0% | — | 100.0% | 2025 | 76.0% | 2024 |
| 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 |
$34,488 | $31,676 | ~$32,798 | $34,488 | 2025 | $29,049 | 2022 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,634,517 | ~$1,634,517 | ~2.0139% | ~$32,918 | +1.5% |
| 2027 | ~$1,658,775 | ~$1,658,775 | ~1.9814% | ~$32,867 | +3.0% |
| 2028 | ~$1,683,393 | ~$1,683,393 | ~1.9488% | ~$32,807 | +4.5% |
| 2029 | ~$1,708,376 | ~$1,708,376 | ~1.9163% | ~$32,737 | +6.1% |
| 2030 | ~$1,733,731 | ~$1,733,731 | ~1.8837% | ~$32,659 | +7.6% |
| 2026 | ~$1,602,305 | ~$1,602,305 | ~2.0465% | ~$32,791 | -0.5% |
| 2027 | ~$1,594,039 | ~$1,594,039 | ~2.0465% | ~$32,622 | -1.0% |
| 2028 | ~$1,585,815 | ~$1,585,815 | ~2.0465% | ~$32,453 | -1.5% |
| 2029 | ~$1,577,634 | ~$1,577,634 | ~2.0465% | ~$32,286 | -2.0% |
| 2030 | ~$1,569,495 | ~$1,569,495 | ~2.0465% | ~$32,119 | -2.6% |
| 2026 | ~$1,666,729 | ~$1,666,729 | ~1.9977% | ~$33,296 | +3.5% |
| 2027 | ~$1,724,800 | ~$1,724,800 | ~1.9488% | ~$33,614 | +7.1% |
| 2028 | ~$1,784,894 | ~$1,784,894 | ~1.9000% | ~$33,913 | +10.8% |
| 2029 | ~$1,847,082 | ~$1,847,082 | ~1.8512% | ~$34,193 | +14.7% |
| 2030 | ~$1,911,436 | ~$1,911,436 | ~1.8024% | ~$34,451 | +18.7% |
In 2025, this property's market value of $1,610,614 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +14% 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 | $1,610,614 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $1,550,300 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,400,000 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $1,518,446 | $517,750 | $1,142,600 | $2,780,453 | ↑ Above median | 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.