501 E 6 ST TX 78701
| Owner | SIXTH503 |
|---|---|
| Parcel ID | 0206040504 |
| Short ID | 194567 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 7,680 SF |
| Land SF | 3,866 SF |
| Acres | 0.089 |
| Year Built | 1920 |
| Legal | LOT 5 RESUB LOT 7-8 BLOCK 060 ORIGINAL CITY (TOTAL SQ FT 3866) |
| Neighborhood | 31CBD |
| Land | $1,082,480 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,082,480 |
| Improvement | $1,503,911 |
|---|---|
| Total Improvement | $1,503,911 |
| Market | $2,586,391 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,586,391 |
| Value Limitation Adjustment (−) (homestead cap) | −$96,391 |
| Net Appraised (assessed) | $2,490,000 |
| Exemptions (−) (HT) | −$1,022,576 |
|---|---|
| Taxable Value | $1,467,424 |
Appreciation: Market value has risen +4.4% from $2,477,750 (2021) to $2,586,391 (2025), a CAGR of 1.1% 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 $30,031. Austin ISD is the largest single contributor, at 49.2% of the total 2025 levy.
Assessment Gap: Assessed value ($2,490,000) is $96,391 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 42% of market value ($1,082,480 land vs $1,503,911 improvements), about $280/SF of land. Most value sits in the improvements, so building condition, age (~106 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,586,391, 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 +1.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,728,915 by 2030, with an estimated annual tax burden around $51,406. 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 | 3,840 SF | ✓ |
| 2ND | 2nd Floor | 3,840 SF | ✓ |
| 501 | CANOPY | 1,520 SF | ✗ |
| 511 | DECK | 180 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% | $18,307.04 | $18,307.04 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,689.55 | $7,689.55 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,515.24 | $5,515.24 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,574.66 | $2,574.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,731.90 | $1,731.90 | Paid |
| P2U | — | — | — | — | — | — | $894.87 | $894.87 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,213.26 | $37,213.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,226,955 | $2,586,391 | -13.9% |
| Assessed Value | $2,226,955 | $2,490,000 | -10.6% |
| Land Value | $1,546,400 | $1,082,480 | +42.9% |
| Improvement Value | $680,555 | $1,503,911 | -54.7% |
| Taxable Value | $1,264,440 | $1,467,424 | -13.8% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$25,877
Estimated
|
~$37,213
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,698,229 | $2,226,955 | -471,274 (-17.5%) |
| Taxable Value | $1,735,714 | $1,264,440 | -471,274 (-27.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,226,955 | $1,546,400 | $680,555 | — | $2,226,955 | $1,264,440 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,586,391 | $1,082,480 | $1,503,911 | −$96,391 | $2,490,000 | $1,467,424 | ~$37,213 | Partial |
| 2024 | $2,000,000 | — | — | −$917,520 | $1,082,480 | $— | $31,593 | Verified |
| 2023 | $1,962,474 | — | — | −$1,034,634 | $927,840 | $— | $27,524 | Verified |
| 2022 | $2,191,000 | — | — | −$1,263,160 | $927,840 | $— | $29,646 | Verified |
| 2021 | $2,477,750 | — | — | −$1,549,910 | $927,840 | $— | $35,611 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.3% | +8.4% | ~100% | Not available | Partial |
| 2025 | +24.6% | +20.0% | 96.3% | Not available | Partial |
| 2024 | +3.8% | +3.8% | ~100% | 1.5200% | Verified |
| 2023 | +1.9% | +1.9% | ~100% | 1.3800% | Verified |
| 2022 | -10.4% | -10.4% | ~100% | 1.5100% | Verified |
| 2021 | base year | — | ~100% | 1.4400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +18.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -13.9% | -0.9% | +4.3% | +29.3% | 2025 | -13.9% | 2026 |
| Assessment Ratio | 100.0% | 62.9% | — | 100.0% | 2026 | 37.4% | 2021 |
| Effective Tax Rate (2025) | 1.4400% | 1.4400% | — | 1.4400% | 2025 | 1.4400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$37,213 | $32,318 | ~$52,041 | $37,213 | 2025 | $27,524 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,614,288 | ~$2,614,288 | ~2.0139% | ~$52,650 | +1.1% |
| 2027 | ~$2,642,485 | ~$2,642,485 | ~1.9814% | ~$52,358 | +2.2% |
| 2028 | ~$2,670,987 | ~$2,670,987 | ~1.9488% | ~$52,053 | +3.3% |
| 2029 | ~$2,699,796 | ~$2,699,796 | ~1.9163% | ~$51,736 | +4.4% |
| 2030 | ~$2,728,915 | ~$2,728,915 | ~1.8837% | ~$51,406 | +5.5% |
| 2026 | ~$2,562,560 | ~$2,562,560 | ~2.0465% | ~$52,442 | -0.9% |
| 2027 | ~$2,538,948 | ~$2,538,948 | ~2.0465% | ~$51,959 | -1.8% |
| 2028 | ~$2,515,554 | ~$2,515,554 | ~2.0465% | ~$51,480 | -2.7% |
| 2029 | ~$2,492,375 | ~$2,492,375 | ~2.0465% | ~$51,006 | -3.6% |
| 2030 | ~$2,469,410 | ~$2,469,410 | ~2.0465% | ~$50,536 | -4.5% |
| 2026 | ~$2,666,015 | ~$2,666,015 | ~1.9977% | ~$53,258 | +3.1% |
| 2027 | ~$2,748,091 | ~$2,748,091 | ~1.9488% | ~$53,556 | +6.3% |
| 2028 | ~$2,832,693 | ~$2,832,693 | ~1.9000% | ~$53,822 | +9.5% |
| 2029 | ~$2,919,901 | ~$2,919,901 | ~1.8512% | ~$54,053 | +12.9% |
| 2030 | ~$3,009,792 | ~$3,009,792 | ~1.8024% | ~$54,248 | +16.4% |
In 2025, this property's market value of $2,586,391 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +82% 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 | $2,586,391 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,000,000 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,962,474 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,191,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,477,750 | $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.