508 E 6 ST TX 78701
| Owner | SRPF B/PECAN STREET LP |
|---|---|
| Parcel ID | 0206040610 |
| Short ID | 194588 |
| Type | Real |
| Use Code | 31 Night Club / Bar |
| Valuation | Income |
| Improvement SF | 5,900 SF |
| Land SF | 12,384 SF |
| Acres | 0.284 |
| Year Built | 1993 |
| Legal | LOT 1C * RESUB PT OF LT 1 BLK 65 DACY RESUB LOT 2 *(TOTAL SQ FT 12384) BLOCK 065 ORIGINAL CITY |
| Neighborhood | 96ALL |
| Land | $4,226,040 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $4,226,040 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $3,853,360 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,853,360 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,853,360 |
| Taxable Value | $3,853,360 |
|---|
Appreciation: Market value has risen +2.8% from $3,750,000 (2021) to $3,853,360 (2025), a CAGR of 0.7% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2025→2026), 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 $78,858. 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 110% of market value ($4,226,040 land vs $0 improvements), about $341/SF of land. With value concentrated in the land under a ~33-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 $3,853,360, this parcel sits in the top quartile (≥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 +0.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,986,575 by 2030, with an estimated annual tax burden around $75,097. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 5,900 SF | ✓ |
| 611 | TERRACE | 1,264 SF | ✗ |
| 511 | DECK | 1,192 SF | ✗ |
| 501 | CANOPY | 1,064 SF | ✗ |
| 541 | FENCE COMM LF | 188 SF | ✗ |
| 327 | STORAGE COMM'L | 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% | $35,651.29 | $35,651.29 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $20,192.26 | $20,192.26 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $14,482.66 | $14,482.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $4,547.85 | $4,547.85 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,984.37 | $3,984.37 | Paid |
| P2U | — | — | — | — | — | — | $3,101.86 | $3,101.86 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $82,460.29 | $82,460.29 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $5,039,682 | $3,853,360 | +30.8% |
| Assessed Value | $4,624,032 | $3,853,360 | +20.0% |
| Land Value | $4,953,600 | $4,226,040 | +17.2% |
| Improvement Value | $86,082 | — | — |
| Taxable Value | $4,624,032 | $3,853,360 | +20.0% |
| HS Cap Loss | -$415,650 | — | |
| Total Tax 2026 = estimate |
~$94,630
Estimated
|
~$82,460
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $5,599,215 | $5,039,682 | -559,533 (-10.0%) |
| Taxable Value | $4,624,032 | $4,624,032 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $5,039,682 | $4,953,600 | $86,082 | −$415,650 | $4,624,032 | $4,624,032 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,853,360 | $4,226,040 | — | — | $3,853,360 | $3,853,360 | ~$82,460 | Partial |
| 2024 | $4,321,964 | — | — | −$527,432 | $3,794,532 | $— | $78,748 | Verified |
| 2023 | $4,154,606 | — | — | −$439,406 | $3,715,200 | $— | $82,230 | Verified |
| 2022 | $3,832,335 | — | — | −$117,135 | $3,715,200 | $— | $86,205 | Verified |
| 2021 | $3,750,000 | — | — | −$34,800 | $3,715,200 | $— | $87,250 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +45.3% | +20.0% | 82.6% | Not available | Partial |
| 2025 | +1.6% | +1.6% | ~100% | Not available | Partial |
| 2024 | -12.2% | -12.2% | ~100% | 2.0800% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.9000% | Verified |
| 2022 | +8.4% | +8.4% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.3300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +30.8% | +6.9% | -4.1% | +30.8% | 2026 | -10.8% | 2025 |
| Assessment Ratio | 91.8% | 94.2% | — | 100.0% | 2025 | 87.8% | 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 |
$82,460 | $83,379 | ~$76,629 | $87,250 | 2021 | $78,748 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,879,642 | ~$3,879,642 | ~2.0139% | ~$78,134 | +0.7% |
| 2027 | ~$3,906,103 | ~$3,906,103 | ~1.9814% | ~$77,395 | +1.4% |
| 2028 | ~$3,932,745 | ~$3,932,745 | ~1.9488% | ~$76,643 | +2.1% |
| 2029 | ~$3,959,569 | ~$3,959,569 | ~1.9163% | ~$75,877 | +2.8% |
| 2030 | ~$3,986,575 | ~$3,986,575 | ~1.8837% | ~$75,097 | +3.5% |
| 2026 | ~$3,802,575 | ~$3,802,575 | ~2.0465% | ~$77,819 | -1.3% |
| 2027 | ~$3,752,459 | ~$3,752,459 | ~2.0465% | ~$76,794 | -2.6% |
| 2028 | ~$3,703,004 | ~$3,703,004 | ~2.0465% | ~$75,781 | -3.9% |
| 2029 | ~$3,654,200 | ~$3,654,200 | ~2.0465% | ~$74,783 | -5.2% |
| 2030 | ~$3,606,040 | ~$3,606,040 | ~2.0465% | ~$73,797 | -6.4% |
| 2026 | ~$3,956,709 | ~$3,956,709 | ~1.9977% | ~$79,042 | +2.7% |
| 2027 | ~$4,062,830 | ~$4,062,830 | ~1.9488% | ~$79,178 | +5.4% |
| 2028 | ~$4,171,798 | ~$4,171,798 | ~1.9000% | ~$79,265 | +8.3% |
| 2029 | ~$4,283,688 | ~$4,283,688 | ~1.8512% | ~$79,299 | +11.2% |
| 2030 | ~$4,398,579 | ~$4,398,579 | ~1.8024% | ~$79,279 | +14.1% |
In 2025, this property's market value of $3,853,360 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — +172% 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 | $3,853,360 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $4,321,964 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $4,154,606 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $3,832,335 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $3,750,000 | $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.