6002 HUDSON ST TX 78721
| Owner | MALTA VENTURES LLC |
|---|---|
| Parcel ID | 0207220402 |
| Short ID | 196423 |
| Type | Real |
| Use Code | 20 Small Store (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 1,080 SF |
| Land SF | 69,857 SF |
| Acres | 1.604 |
| Year Built | 1965 |
| Legal | ABS 22 SUR 29 TANNEHILL J C ACR 1.63 (TRT 39) |
| Neighborhood | 20CEN |
| Land | $1,047,858 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,047,858 |
| Improvement | $100 |
|---|---|
| Total Improvement | $100 |
| Market | $1,047,958 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,047,958 |
| Value Limitation Adjustment (−) (homestead cap) | −$544,842 |
| Net Appraised (assessed) | $503,116 |
| Taxable Value | $503,116 |
|---|
Appreciation: Market value has risen +168.0% from $390,970 (2021) to $1,047,958 (2025), a CAGR of 28.0% over 4 years. This is strong appreciation — well above typical inflation. 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 outpaced 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 $10,296. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($503,116) is $544,842 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 100% of market value ($1,047,858 land vs $100 improvements), about $15/SF of land. With value concentrated in the land under a ~61-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 $1,047,958, 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 +27.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,594,135 by 2030, with an estimated annual tax burden around $15,263. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,080 SF | ✓ |
| 501 | CANOPY | 130 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 60 SF | ✗ |
Market value changed by 200% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $4,654.83 | $4,654.83 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,636.41 | $2,636.41 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,890.94 | $1,890.94 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $593.79 | $593.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $520.22 | $520.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,296.19 | $10,296.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,047,958 | $1,047,958 | +0.0% |
| Assessed Value | $603,739 | $503,116 | +20.0% |
| Land Value | $1,047,858 | $1,047,858 | +0.0% |
| Improvement Value | $100 | $100 | +0.0% |
| Taxable Value | $603,739 | $503,116 | +20.0% |
| HS Cap Loss | -$444,219 | — | |
| Total Tax 2026 = estimate |
~$12,355
Estimated
|
~$10,296
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,047,958 | $1,047,958 | +0 (+0.0%) |
| Taxable Value | $603,739 | $603,739 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,047,958 | $1,047,858 | $100 | −$444,219 | $603,739 | $603,739 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,047,958 | $1,047,858 | $100 | −$544,842 | $503,116 | $503,116 | ~$10,296 | Partial |
| 2024 | $349,386 | — | — | — | $1,047,858 ! | $— | $8,309 | Verified |
| 2023 | $372,770 | — | — | −$23,484 | $349,286 | $— | $6,321 | Verified |
| 2022 | $372,478 | — | — | −$17,464 | $355,014 | $— | $7,362 | Verified |
| 2021 | $390,970 | — | — | −$35,956 | $355,014 | $— | $8,108 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +20.0% | 57.6% | Not available | Partial |
| 2025 | +0.0% | +20.0% | 48.0% | Not available | Partial |
| 2024 | +199.9% ! | +20.0% | 40.0% | 0.7900% | Verified |
| 2023 | -6.3% | -6.3% | ~100% | 1.8100% | Verified |
| 2022 | +0.1% | +0.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +181.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +37.8% | +28.0% | +199.9% | 2025 | -6.3% | 2024 |
| Assessment Ratio | 57.6% | 114.2% | — | 299.9% | 2024 | 48.0% | 2025 |
| Effective Tax Rate (2025) | 0.9800% | 0.9800% | — | 0.9800% | 2025 | 0.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,296 | $8,079 | ~$13,127 | $10,296 | 2025 | $6,321 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,340,893 | ~$553,428 | ~2.0139% | ~$11,146 | +28.0% |
| 2027 | ~$1,715,711 | ~$608,770 | ~1.9814% | ~$12,062 | +63.7% |
| 2028 | ~$2,195,302 | ~$669,647 | ~1.9488% | ~$13,050 | +109.5% |
| 2029 | ~$2,808,952 | ~$736,612 | ~1.9163% | ~$14,116 | +168.0% |
| 2030 | ~$3,594,135 | ~$810,273 | ~1.8837% | ~$15,263 | +243.0% |
| 2026 | ~$1,319,933 | ~$553,428 | ~2.0465% | ~$11,326 | +26.0% |
| 2027 | ~$1,662,494 | ~$608,770 | ~2.0465% | ~$12,458 | +58.6% |
| 2028 | ~$2,093,960 | ~$669,647 | ~2.0465% | ~$13,704 | +99.8% |
| 2029 | ~$2,637,403 | ~$736,612 | ~2.0465% | ~$15,075 | +151.7% |
| 2030 | ~$3,321,885 | ~$810,273 | ~2.0465% | ~$16,582 | +217.0% |
| 2026 | ~$1,361,852 | ~$553,428 | ~1.9977% | ~$11,056 | +30.0% |
| 2027 | ~$1,769,766 | ~$608,770 | ~1.9488% | ~$11,864 | +68.9% |
| 2028 | ~$2,299,862 | ~$669,647 | ~1.9000% | ~$12,723 | +119.5% |
| 2029 | ~$2,988,737 | ~$736,612 | ~1.8512% | ~$13,636 | +185.2% |
| 2030 | ~$3,883,950 | ~$810,273 | ~1.8024% | ~$14,604 | +270.6% |
In 2025, this property's market value of $1,047,958 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -26% 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 | $1,047,958 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $349,386 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $372,770 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $372,478 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $390,970 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.