606 W 17 ST TX 78701
| Owner | 606 W 17TH ST LLC |
|---|---|
| Parcel ID | 0210020501 |
| Short ID | 199701 |
| Type | Real |
| Use Code | 06 Apartment 26–49 Units |
| Valuation | Income |
| Improvement SF | 22,247 SF |
| Land SF | 27,870 SF |
| Acres | 0.640 |
| Year Built | 1945 |
| Legal | W 216' OF S128' OF OLT 25 DIVISION E |
| Neighborhood | 06CBD |
| Land | $3,344,363 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,344,363 |
| Improvement | $1,118,637 |
|---|---|
| Total Improvement | $1,118,637 |
| Market | $4,463,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $4,463,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $4,463,000 |
| Taxable Value | $4,463,000 |
|---|
Appreciation: Market value has fallen -10.2% from $4,967,930 (2021) to $4,463,000 (2025), a CAGR of -2.6% 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 Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family 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 $91,335. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 75% of market value ($3,344,363 land vs $1,118,637 improvements), about $120/SF of land. With value concentrated in the land under a ~81-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 $4,463,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 -2.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,903,383 by 2030, with an estimated annual tax burden around $73,530. 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.
18 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 8,737 SF | ✗ |
| 1ST | 1st Floor | 7,645 SF | ✓ |
| 2ND | 2nd Floor | 7,301 SF | ✓ |
| 3RD | 3rd Floor | 7,301 SF | ✓ |
| 611 | TERRACE | 4,257 SF | ✗ |
| 4TH | 4th Floor | 3,900 SF | ✓ |
| SO | Sketch Only | 1,750 SF | ✗ |
| UBSMT | Unfinished Basement | 1,677 SF | ✓ |
| 011C | PORCH OPEN 1ST COMM | 1,575 SF | ✗ |
| 012C | PORCH OPEN 2 COMM | 1,575 SF | ✗ |
| 013C | PORCH OPEN 3 COMM | 1,531 SF | ✗ |
| 601 | POOL COMM'L | 800 SF | ✗ |
| 581C | STORAGE ATT COMM | 380 SF | ✓ |
| 335 | PENTHOUSE | 208 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 2 SF | ✓ |
| 299 | ALL FLAT VALUE | 2 SF | ✓ |
| 539 | FENCE FV | 1 SF | ✗ |
| 276 | ELEVATOR COM PAS | 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% | $41,291.68 | $41,291.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $23,386.88 | $23,386.88 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $16,773.96 | $16,773.96 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $5,267.37 | $5,267.37 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $4,614.74 | $4,614.74 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $91,334.63 | $91,334.63 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $3,815,000 | $4,463,000 | -14.5% |
| Assessed Value | $3,815,000 | $4,463,000 | -14.5% |
| Land Value | $5,573,938 | $3,344,363 | +66.7% |
| Improvement Value | — | $1,118,637 | — |
| Taxable Value | $3,815,000 | $4,463,000 | -14.5% |
| Total Tax 2026 = estimate |
~$78,073
Estimated
|
~$91,335
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,406,015 | $3,815,000 | -2,591,015 (-40.4%) |
| Taxable Value | $5,355,600 | $3,815,000 | -1,540,600 (-28.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $3,815,000 | $5,573,938 | — | — | $3,815,000 | $3,815,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $4,463,000 | $3,344,363 | $1,118,637 | — | $4,463,000 | $4,463,000 | ~$91,335 | Partial |
| 2024 | $5,752,340 | — | — | −$2,407,977 | $3,344,363 | $— | $116,927 | Verified |
| 2023 | $5,360,135 | — | — | −$2,015,772 | $3,344,363 | $— | $104,074 | Verified |
| 2022 | $5,229,400 | — | — | −$1,911,640 | $3,317,760 | $— | $105,859 | Verified |
| 2021 | $4,967,930 | — | — | −$1,650,170 | $3,317,760 | $— | $113,827 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +43.5% | +20.0% | 83.6% | Not available | Partial |
| 2025 | -24.4% | -24.4% | ~100% | Not available | Partial |
| 2024 | +2.6% | +2.6% | ~100% | 1.9800% | Verified |
| 2023 | +7.3% | +7.3% | ~100% | 1.8100% | Verified |
| 2022 | +2.5% | +2.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -14.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -14.5% | -4.4% | +0.7% | +7.3% | 2024 | -22.4% | 2025 |
| Assessment Ratio | 100.0% | 75.1% | — | 100.0% | 2025 | 58.1% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$91,335 | $106,404 | ~$80,388 | $116,927 | 2024 | $91,335 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,345,000 | ~$4,345,000 | ~2.0139% | ~$87,506 | -2.6% |
| 2027 | ~$4,230,119 | ~$4,230,119 | ~1.9814% | ~$83,815 | -5.2% |
| 2028 | ~$4,118,276 | ~$4,118,276 | ~1.9488% | ~$80,259 | -7.7% |
| 2029 | ~$4,009,390 | ~$4,009,390 | ~1.9163% | ~$76,832 | -10.2% |
| 2030 | ~$3,903,383 | ~$3,903,383 | ~1.8837% | ~$73,530 | -12.5% |
| 2026 | ~$4,255,740 | ~$4,255,740 | ~2.0465% | ~$87,093 | -4.6% |
| 2027 | ~$4,058,104 | ~$4,058,104 | ~2.0465% | ~$83,048 | -9.1% |
| 2028 | ~$3,869,647 | ~$3,869,647 | ~2.0465% | ~$79,192 | -13.3% |
| 2029 | ~$3,689,942 | ~$3,689,942 | ~2.0465% | ~$75,514 | -17.3% |
| 2030 | ~$3,518,582 | ~$3,518,582 | ~2.0465% | ~$72,007 | -21.2% |
| 2026 | ~$4,434,260 | ~$4,434,260 | ~1.9977% | ~$88,582 | -0.6% |
| 2027 | ~$4,405,704 | ~$4,405,704 | ~1.9488% | ~$85,860 | -1.3% |
| 2028 | ~$4,377,333 | ~$4,377,333 | ~1.9000% | ~$83,170 | -1.9% |
| 2029 | ~$4,349,144 | ~$4,349,144 | ~1.8512% | ~$80,511 | -2.6% |
| 2030 | ~$4,321,137 | ~$4,321,137 | ~1.8024% | ~$77,883 | -3.2% |
In 2025, this property's market value of $4,463,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 9× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $4,463,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $5,752,340 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $5,360,135 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $5,229,400 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $4,967,930 | $300,453 | $376,850 | $539,896 | ↑ 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.