612 E 6 ST TX 78701
| Owner | SRPF B/PECAN STREET LP |
|---|---|
| Parcel ID | 0206041112 |
| Short ID | 194628 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 9,000 SF |
| Land SF | 5,633 SF |
| Acres | 0.129 |
| Year Built | 1900 |
| Legal | 0.1293 AC OF LOT 3 BLOCK 064 ORIGINAL CITY (TOTAL SQFT 5633) |
| Neighborhood | 53CBD |
| Land | $1,971,550 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,971,550 |
| Improvement | — |
|---|---|
| Total Improvement | — |
| Market | $1,816,508 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,816,508 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,816,508 |
| Taxable Value | $1,816,508 |
|---|
Appreciation: Market value has fallen -35.5% from $2,816,617 (2021) to $1,816,508 (2025), a CAGR of -10.4% 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 $37,175. 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 109% of market value ($1,971,550 land vs $0 improvements), about $350/SF of land. With value concentrated in the land under a ~126-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 $1,816,508, 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 -10.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,049,843 by 2030, with an estimated annual tax burden around $19,776. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 2ND | 2nd Floor | 5,000 SF | ✓ |
| 1ST | 1st Floor | 4,000 SF | ✓ |
| 611 | TERRACE | 462 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% | $16,806.33 | $16,806.33 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,518.81 | $9,518.81 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,827.25 | $6,827.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,143.90 | $2,143.90 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,878.27 | $1,878.27 | Paid |
| P2U | — | — | — | — | — | — | $1,217.77 | $1,217.77 | Paid |
| P3J | — | — | — | — | — | — | $500.00 | $500.00 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $38,892.33 | $38,892.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,542,968 | $1,816,508 | -15.1% |
| Assessed Value | $1,542,968 | $1,816,508 | -15.1% |
| Land Value | $1,408,250 | $1,971,550 | -28.6% |
| Improvement Value | $134,718 | — | — |
| Taxable Value | $1,542,968 | $1,816,508 | -15.1% |
| Total Tax 2026 = estimate |
~$31,577
Estimated
|
~$38,892
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,964,248 | $1,542,968 | -1,421,280 (-47.9%) |
| Taxable Value | $2,179,810 | $1,542,968 | -636,842 (-29.2%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,542,968 | $1,408,250 | $134,718 | — | $1,542,968 | $1,542,968 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,816,508 | $1,971,550 | — | — | $1,816,508 | $1,816,508 | ~$38,892 | Partial |
| 2024 | $3,314,939 | — | — | −$1,498,431 | $1,816,508 | $— | $37,718 | Verified |
| 2023 | $2,775,653 | — | — | −$1,367,403 | $1,408,250 | $— | $63,079 | Verified |
| 2022 | $2,867,404 | — | — | −$1,459,154 | $1,408,250 | $— | $57,593 | Verified |
| 2021 | $2,816,617 | — | — | −$1,408,367 | $1,408,250 | $— | $65,282 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +63.2% | +20.0% | 73.5% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | -45.2% | -45.2% | ~100% | 2.0800% | Verified |
| 2023 | +19.4% | +19.4% | ~100% | 1.9000% | Verified |
| 2022 | -3.2% | -3.2% | ~100% | 2.0700% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -36.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -15.1% | -8.5% | -7.2% | +19.4% | 2024 | -45.2% | 2025 |
| Assessment Ratio | 100.0% | 67.4% | — | 100.0% | 2025 | 49.1% | 2022 |
| 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 |
$38,892 | $52,513 | ~$25,878 | $65,282 | 2021 | $37,718 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,627,851 | ~$1,627,851 | ~2.0139% | ~$32,784 | -10.4% |
| 2027 | ~$1,458,788 | ~$1,458,788 | ~1.9814% | ~$28,904 | -19.7% |
| 2028 | ~$1,307,283 | ~$1,307,283 | ~1.9488% | ~$25,477 | -28.0% |
| 2029 | ~$1,171,512 | ~$1,171,512 | ~1.9163% | ~$22,450 | -35.5% |
| 2030 | ~$1,049,843 | ~$1,049,843 | ~1.8837% | ~$19,776 | -42.2% |
| 2026 | ~$1,725,683 | ~$1,725,683 | ~2.0465% | ~$35,316 | -5.0% |
| 2027 | ~$1,639,398 | ~$1,639,398 | ~2.0465% | ~$33,550 | -9.8% |
| 2028 | ~$1,557,429 | ~$1,557,429 | ~2.0465% | ~$31,873 | -14.3% |
| 2029 | ~$1,479,557 | ~$1,479,557 | ~2.0465% | ~$30,279 | -18.5% |
| 2030 | ~$1,405,579 | ~$1,405,579 | ~2.0465% | ~$28,765 | -22.6% |
| 2026 | ~$1,664,181 | ~$1,664,181 | ~1.9977% | ~$33,245 | -8.4% |
| 2027 | ~$1,524,628 | ~$1,524,628 | ~1.9488% | ~$29,713 | -16.1% |
| 2028 | ~$1,396,778 | ~$1,396,778 | ~1.9000% | ~$26,539 | -23.1% |
| 2029 | ~$1,279,648 | ~$1,279,648 | ~1.8512% | ~$23,689 | -29.6% |
| 2030 | ~$1,172,341 | ~$1,172,341 | ~1.8024% | ~$21,130 | -35.5% |
In 2025, this property's market value of $1,816,508 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +28% 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 | $1,816,508 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $3,314,939 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $2,775,653 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | $2,867,404 | $553,066 | $1,215,730 | $2,939,150 | ↑ Above median | +3.3% |
| 2021 | $2,816,617 | $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.