407 E 6 ST TX 78701
| Owner | SCHULTZ ENTERPRISE LLC |
|---|---|
| Parcel ID | 0206040104 |
| Short ID | 194522 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 6,112 SF |
| Land SF | 4,224 SF |
| Acres | 0.097 |
| Year Built | 1910 |
| Legal | E 9FT OF LOT 1 & W 24FT OF LOT 2 BLOCK 059 ORIGINAL CITY (TOTAL SQ FT 4224) |
| Neighborhood | 31CBD |
| Land | $1,689,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,689,600 |
| Improvement | $1,060,400 |
|---|---|
| Total Improvement | $1,060,400 |
| Market | $2,750,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,750,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,750,000 |
| Exemptions (−) (HT) | −$952,600 |
|---|---|
| Taxable Value | $1,797,400 |
Appreciation: Market value has fallen -10.8% from $3,081,667 (2021) to $2,750,000 (2025), a CAGR of -2.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 $36,784. Austin ISD is the largest single contributor, at 47.9% 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 61% of market value ($1,689,600 land vs $1,060,400 improvements), about $400/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $2,750,000, 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 -2.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,385,154 by 2030, with an estimated annual tax burden around $44,930. 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 | 4,096 SF | ✓ |
| 2ND | 2nd Floor | 2,016 SF | ✓ |
| MEZZ | Mezzanine | 2,016 SF | ✓ |
| SO | Sketch Only | 2,016 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% | $21,036.27 | $21,036.27 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,418.68 | $9,418.68 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,755.44 | $6,755.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,843.50 | $2,843.50 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,121.35 | $2,121.35 | Paid |
| P2U | — | — | — | — | — | — | $1,200.10 | $1,200.10 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $43,875.34 | $43,875.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,940,000 | $2,750,000 | +6.9% |
| Assessed Value | $2,940,000 | $2,750,000 | +6.9% |
| Land Value | $1,689,600 | $1,689,600 | +0.0% |
| Improvement Value | $1,250,400 | $1,060,400 | +17.9% |
| Taxable Value | $1,826,601 | $1,797,400 | +1.6% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$37,381
Estimated
|
~$43,875
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $3,071,597 | $2,940,000 | -131,597 (-4.3%) |
| Taxable Value | $1,958,198 | $1,826,601 | -131,597 (-6.7%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,940,000 | $1,689,600 | $1,250,400 | — | $2,940,000 | $1,826,601 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,750,000 | $1,689,600 | $1,060,400 | — | $2,750,000 | $1,797,400 | ~$43,875 | Partial |
| 2024 | $2,700,000 | — | — | −$1,010,400 | $1,689,600 | $— | $42,416 | Verified |
| 2023 | $2,618,246 | — | — | −$928,646 | $1,689,600 | $— | $38,645 | Verified |
| 2022 | $2,675,000 | — | — | −$985,400 | $1,689,600 | $— | $41,222 | Verified |
| 2021 | $3,081,667 | — | — | −$1,392,067 | $1,689,600 | $— | $45,861 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +11.7% | +11.7% | ~100% | Not available | Partial |
| 2025 | +1.1% | +1.1% | ~100% | Not available | Partial |
| 2024 | +0.7% | +0.7% | ~100% | 1.5600% | Verified |
| 2023 | +3.1% | +3.1% | ~100% | 1.4300% | Verified |
| 2022 | -3.8% | -3.8% | ~100% | 1.5700% | Verified |
| 2021 | base year | — | ~100% | 1.4900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +1.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +6.9% | -0.7% | -4.1% | +6.9% | 2026 | -13.2% | 2022 |
| Assessment Ratio | 100.0% | 74.2% | — | 100.0% | 2025 | 54.8% | 2021 |
| Effective Tax Rate (2025) | 1.6000% | 1.6000% | — | 1.6000% | 2025 | 1.6000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$43,875 | $42,404 | ~$49,293 | $45,861 | 2021 | $38,645 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,672,818 | ~$2,672,818 | ~2.0139% | ~$53,829 | -2.8% |
| 2027 | ~$2,597,803 | ~$2,597,803 | ~1.9814% | ~$51,473 | -5.5% |
| 2028 | ~$2,524,893 | ~$2,524,893 | ~1.9488% | ~$49,206 | -8.2% |
| 2029 | ~$2,454,029 | ~$2,454,029 | ~1.9163% | ~$47,026 | -10.8% |
| 2030 | ~$2,385,154 | ~$2,385,154 | ~1.8837% | ~$44,930 | -13.3% |
| 2026 | ~$2,617,818 | ~$2,617,818 | ~2.0465% | ~$53,573 | -4.8% |
| 2027 | ~$2,491,990 | ~$2,491,990 | ~2.0465% | ~$50,998 | -9.4% |
| 2028 | ~$2,372,210 | ~$2,372,210 | ~2.0465% | ~$48,547 | -13.7% |
| 2029 | ~$2,258,187 | ~$2,258,187 | ~2.0465% | ~$46,213 | -17.9% |
| 2030 | ~$2,149,645 | ~$2,149,645 | ~2.0465% | ~$43,992 | -21.8% |
| 2026 | ~$2,727,818 | ~$2,727,818 | ~1.9977% | ~$54,493 | -0.8% |
| 2027 | ~$2,705,816 | ~$2,705,816 | ~1.9488% | ~$52,732 | -1.6% |
| 2028 | ~$2,683,990 | ~$2,683,990 | ~1.9000% | ~$50,996 | -2.4% |
| 2029 | ~$2,662,341 | ~$2,662,341 | ~1.8512% | ~$49,285 | -3.2% |
| 2030 | ~$2,640,866 | ~$2,640,866 | ~1.8024% | ~$47,598 | -4.0% |
In 2025, this property's market value of $2,750,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +94% 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 | $2,750,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,700,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,618,246 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,675,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $3,081,667 | $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.