519 E 6 ST TX 78701
| Owner | WFT TRUST |
|---|---|
| Parcel ID | 0206040510 |
| Short ID | 194573 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 2,086 SF |
| Land SF | 2,826 SF |
| Acres | 0.065 |
| Year Built | 1920 |
| Legal | E 22.08FT OF LOT 6 BLOCK 060 ORIGINAL CITY (TOTAL SQ FT 2826) |
| Neighborhood | 20CBD |
| Land | $989,100 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $989,100 |
| Improvement | $28,517 |
|---|---|
| Total Improvement | $28,517 |
| Market | $1,017,617 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,017,617 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,017,617 |
| Taxable Value | $1,017,617 |
|---|
Appreciation: Market value has fallen -8.7% from $1,114,368 (2021) to $1,017,617 (2025), a CAGR of -2.2% 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 $20,825. 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 97% of market value ($989,100 land vs $28,517 improvements), about $350/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 $1,017,617, 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 -2.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $908,404 by 2030, with an estimated annual tax burden around $17,112. 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 | 2,086 SF | ✓ |
| 501 | CANOPY | 26 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% | $9,414.99 | $9,414.99 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,332.49 | $5,332.49 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,824.66 | $3,824.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,201.02 | $1,201.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,052.22 | $1,052.22 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| P2U | — | — | — | — | — | — | $478.80 | $478.80 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $21,804.18 | $21,804.18 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,130,401 | $1,017,617 | +11.1% |
| Assessed Value | $1,130,401 | $1,017,617 | +11.1% |
| Land Value | $1,130,400 | $989,100 | +14.3% |
| Improvement Value | $1 | $28,517 | -100.0% |
| Taxable Value | $1,130,401 | $1,017,617 | +11.1% |
| Total Tax 2026 = estimate |
~$23,133
Estimated
|
~$21,804
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,161,160 | $1,130,401 | -30,759 (-2.6%) |
| Taxable Value | $1,161,160 | $1,130,401 | -30,759 (-2.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,130,401 | $1,130,400 | $1 | — | $1,130,401 | $1,130,401 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,017,617 | $989,100 | $28,517 | — | $1,017,617 | $1,017,617 | ~$21,804 | Partial |
| 2024 | $868,954 | — | — | — | $989,100 ! | $— | $21,137 | Verified |
| 2023 | $917,855 | — | — | −$70,055 | $847,800 | $— | $16,563 | Verified |
| 2022 | $800,000 | — | — | — | $847,800 ! | $— | $19,045 | Verified |
| 2021 | $1,114,368 | — | — | −$345,732 | $768,636 | $— | $18,213 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.1% | +14.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | +17.1% | +17.1% | ~100% | 2.0800% | Verified |
| 2023 | -5.3% | -5.3% | ~100% | 1.9100% | Verified |
| 2022 | +4.0% | +4.0% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 1.6300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +11.1% | +1.9% | -4.2% | +17.1% | 2025 | -28.2% | 2022 |
| Assessment Ratio | 100.0% | 96.9% | — | 113.8% | 2024 | 69.0% | 2021 |
| 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 |
$21,804 | $19,352 | ~$18,549 | $21,804 | 2025 | $16,563 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$994,771 | ~$994,771 | ~2.0139% | ~$20,034 | -2.2% |
| 2027 | ~$972,439 | ~$972,439 | ~1.9814% | ~$19,268 | -4.4% |
| 2028 | ~$950,607 | ~$950,607 | ~1.9488% | ~$18,526 | -6.6% |
| 2029 | ~$929,266 | ~$929,266 | ~1.9163% | ~$17,807 | -8.7% |
| 2030 | ~$908,404 | ~$908,404 | ~1.8837% | ~$17,112 | -10.7% |
| 2026 | ~$974,419 | ~$974,419 | ~2.0465% | ~$19,941 | -4.2% |
| 2027 | ~$933,055 | ~$933,055 | ~2.0465% | ~$19,095 | -8.3% |
| 2028 | ~$893,447 | ~$893,447 | ~2.0465% | ~$18,284 | -12.2% |
| 2029 | ~$855,520 | ~$855,520 | ~2.0465% | ~$17,508 | -15.9% |
| 2030 | ~$819,203 | ~$819,203 | ~2.0465% | ~$16,765 | -19.5% |
| 2026 | ~$1,015,124 | ~$1,015,124 | ~1.9977% | ~$20,279 | -0.2% |
| 2027 | ~$1,012,637 | ~$1,012,637 | ~1.9488% | ~$19,735 | -0.5% |
| 2028 | ~$1,010,155 | ~$1,010,155 | ~1.9000% | ~$19,193 | -0.7% |
| 2029 | ~$1,007,680 | ~$1,007,680 | ~1.8512% | ~$18,654 | -1.0% |
| 2030 | ~$1,005,212 | ~$1,005,212 | ~1.8024% | ~$18,118 | -1.2% |
In 2025, this property's market value of $1,017,617 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -28% 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 | $1,017,617 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $868,954 | $661,016 | $1,438,465 | $3,471,171 | ↓ Below median | +0.0% |
| 2023 | $917,855 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $800,000 | $553,066 | $1,215,730 | $2,939,150 | ↓ Below median | +3.3% |
| 2021 | $1,114,368 | $517,750 | $1,142,600 | $2,780,453 | ↓ Below 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.