503 E 6 ST TX 78701
| Owner | SIXTH503 |
|---|---|
| Parcel ID | 0206040505 |
| Short ID | 194568 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 5,120 SF |
| Land SF | 2,642 SF |
| Acres | 0.061 |
| Year Built | 1920 |
| Legal | LOT 4 RESUB LOT 7-8 BLOCK 060 ORIGINAL CITY (TOTAL SQ FT 2642) |
| Neighborhood | 31CBD |
| Land | $739,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $739,760 |
| Improvement | $185,600 |
|---|---|
| Total Improvement | $185,600 |
| Market | $925,360 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $925,360 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $925,360 |
| Exemptions (−) (HT) | −$277,740 |
|---|---|
| Taxable Value | $647,620 |
Appreciation: Market value has fallen -35.8% from $1,441,452 (2021) to $925,360 (2025), a CAGR of -10.5% 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 $13,253. Austin ISD is the largest single contributor, at 47.1% 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 80% of market value ($739,760 land vs $185,600 improvements), about $280/SF of land. With value concentrated in the land under a ~106-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 $925,360, this parcel sits in the lower-middle (25th–50th 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 -10.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $531,739 by 2030, with an estimated annual tax burden around $10,017. 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 | 2,560 SF | ✓ |
| 2ND | 2nd Floor | 2,560 SF | ✓ |
| 501 | CANOPY | 160 SF | ✗ |
| 476 | ELEVATOR FREIGHT | 1 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% | $7,276.61 | $7,276.61 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,393.64 | $3,393.64 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,434.05 | $2,434.05 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $956.82 | $956.82 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $764.34 | $764.34 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| P2U | — | — | — | — | — | — | $136.55 | $136.55 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,462.01 | $15,462.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,000,000 | $925,360 | +8.1% |
| Assessed Value | $1,000,000 | $925,360 | +8.1% |
| Land Value | $1,056,800 | $739,760 | +42.9% |
| Improvement Value | — | $185,600 | — |
| Taxable Value | $652,437 | $647,620 | +0.7% |
| Exemptions | HT | HT | |
| Total Tax 2026 = estimate |
~$13,352
Estimated
|
~$15,462
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,412,822 | $1,000,000 | -412,822 (-29.2%) |
| Taxable Value | $762,869 | $652,437 | -110,432 (-14.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,000,000 | $1,056,800 | — | — | $1,000,000 | $652,437 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $925,360 | $739,760 | $185,600 | — | $925,360 | $647,620 | ~$15,462 | Partial |
| 2024 | $1,360,622 | — | — | −$620,862 | $739,760 | $— | $19,269 | Verified |
| 2023 | $1,155,420 | — | — | −$521,340 | $634,080 | $— | $18,747 | Verified |
| 2022 | $1,179,000 | — | — | −$544,920 | $634,080 | $— | $17,779 | Verified |
| 2021 | $1,441,452 | — | — | −$807,372 | $634,080 | $— | $19,732 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +52.7% | +20.0% | 78.6% | Not available | Partial |
| 2025 | -25.5% | -25.5% | ~100% | Not available | Partial |
| 2024 | -8.7% | -8.7% | ~100% | 1.5500% | Verified |
| 2023 | +17.8% | +17.8% | ~100% | 1.3800% | Verified |
| 2022 | -2.0% | -2.0% | ~100% | 1.5400% | Verified |
| 2021 | base year | — | ~100% | 1.3700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -21.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +8.1% | -5.3% | -11.8% | +17.8% | 2024 | -32.0% | 2025 |
| Assessment Ratio | 100.0% | 67.9% | — | 100.0% | 2025 | 44.0% | 2021 |
| Effective Tax Rate (2025) | 1.6700% | 1.6700% | — | 1.6700% | 2025 | 1.6700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,462 | $18,198 | ~$13,141 | $19,732 | 2021 | $15,462 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$828,301 | ~$828,301 | ~2.0139% | ~$16,681 | -10.5% |
| 2027 | ~$741,423 | ~$741,423 | ~1.9814% | ~$14,690 | -19.9% |
| 2028 | ~$663,657 | ~$663,657 | ~1.9488% | ~$12,934 | -28.3% |
| 2029 | ~$594,048 | ~$594,048 | ~1.9163% | ~$11,384 | -35.8% |
| 2030 | ~$531,739 | ~$531,739 | ~1.8837% | ~$10,017 | -42.5% |
| 2026 | ~$879,092 | ~$879,092 | ~2.0465% | ~$17,990 | -5.0% |
| 2027 | ~$835,137 | ~$835,137 | ~2.0465% | ~$17,091 | -9.8% |
| 2028 | ~$793,381 | ~$793,381 | ~2.0465% | ~$16,236 | -14.3% |
| 2029 | ~$753,712 | ~$753,712 | ~2.0465% | ~$15,425 | -18.5% |
| 2030 | ~$716,026 | ~$716,026 | ~2.0465% | ~$14,653 | -22.6% |
| 2026 | ~$846,809 | ~$846,809 | ~1.9977% | ~$16,916 | -8.5% |
| 2027 | ~$774,925 | ~$774,925 | ~1.9488% | ~$15,102 | -16.3% |
| 2028 | ~$709,144 | ~$709,144 | ~1.9000% | ~$13,474 | -23.4% |
| 2029 | ~$648,946 | ~$648,946 | ~1.8512% | ~$12,013 | -29.9% |
| 2030 | ~$593,859 | ~$593,859 | ~1.8024% | ~$10,704 | -35.8% |
In 2025, this property's market value of $925,360 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -35% below 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 | $925,360 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $1,360,622 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $1,155,420 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $1,179,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,441,452 | $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.