7731 MENCHACA RD TX 78745
| Owner | CRP-GREP ELAN DAWSON OWNER LP |
|---|---|
| Parcel ID | 0422150139 |
| Short ID | 943158 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 466,092 SF |
| Acres | 10.700 |
| Year Built | — |
| Legal | LOT 1 BLK A MENCHACA ROAD APARTMENTS |
| Neighborhood | 08SC3 |
| Land | $9,321,840 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $9,321,840 |
| Improvement | $63,968,160 |
|---|---|
| Total Improvement | $63,968,160 |
| Market | $73,290,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $73,290,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $73,290,000 |
| Taxable Value | $73,290,000 |
|---|
Appreciation: Market value has risen +2146.3% from $3,262,644 (2021) to $73,290,000 (2025), a CAGR of 117.7% over 4 years. This is strong appreciation — well above typical inflation. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced 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 $1,499,869. 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 13% of market value ($9,321,840 land vs $63,968,160 improvements), about $20/SF of land. Most value sits in the improvements, so building condition, age, and rent roll drive the underwriting.
Submarket Position: At $73,290,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). 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 +84.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,488,240,977 by 2031, with an estimated annual tax burden around $2,114,007. 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.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| ADDL | Additional Floor | 257,400 SF | ✓ |
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.
| 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% | $646,335.47 | $646,335.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $366,073.04 | $366,073.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $262,561.56 | $262,561.56 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $82,449.69 | $82,449.69 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $72,234.21 | $72,234.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $1,429,653.97 | $1,429,653.97 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $646,335.47 | 45.2% |
| CAT City of Austin | 0.5240% | $366,073.04 | 25.6% |
| TCO Travis County | 0.3758% | $262,561.56 | 18.4% |
| THD Travis Central Health | 0.1180% | $82,449.69 | 5.8% |
| ACT Austin Community College | 0.1034% | $72,234.21 | 5.1% |
| Total | 2.0465% | $1,429,653.97 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $69,682,139 | $73,290,000 | -4.9% |
| Assessed Value | $69,682,139 | $73,290,000 | -4.9% |
| Land Value | $9,321,840 | $9,321,840 | +0.0% |
| Improvement Value | $60,360,299 | $63,968,160 | -5.6% |
| Taxable Value | $69,682,139 | $73,290,000 | -4.9% |
| Total Tax 2026 = estimate |
~$1,426,035
Estimated
|
~$1,429,654
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $69,682,139 | $9,321,840 | $60,360,299 | — | $69,682,139 | $69,682,139 | Not yet — post-cert | Preliminary |
| 2025 | $73,290,000 | $9,321,840 | $63,968,160 | — | $73,290,000 | $73,290,000 | ~$1,429,654 | Partial |
| 2024 | $77,240,000 | $9,321,840 | $67,918,160 | — | $77,240,000 | $77,240,000 | $1,432,214 | Verified |
| 2023 | $47,522,317 | $9,321,840 | $38,200,477 | — | $47,522,317 | $47,522,317 | $859,796 | Verified |
| 2022 | $24,523,884 | $3,262,644 | $21,261,240 | — | $24,523,884 | $24,523,884 | $484,328 | Verified |
| 2021 | $3,262,644 | $3,262,644 | — | — | $3,262,644 | $3,262,644 | $71,017 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -4.9% | -4.9% | ~100% | Not available | Partial |
| 2025 | -5.1% | -5.1% | ~100% | Not available | Partial |
| 2024 | +62.5% | +62.5% | ~100% | No billing data | Verified |
| 2023 | +93.8% ! | +93.8% | ~100% | No billing data | Verified |
| 2022 | +651.7% ! | +651.7% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2146.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -4.9% | +159.6% | +84.5% | +651.7% | 2022 | -5.1% | 2025 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.9500% | 1.9500% | — | 1.9500% | 2025 | 1.9500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$1,429,654 | $855,402 | ~$1,818,166 | $1,432,214 | 2024 | $71,017 | 2021 |
Market value changed by 652% in 2022, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$128,538,087 | ~$76,650,353 | ~2.0139% | ~$1,543,689 | +84.5% |
| 2028 | ~$237,105,805 | ~$84,315,388 | ~1.9814% | ~$1,670,615 | +240.3% |
| 2029 | ~$437,373,579 | ~$92,746,927 | ~1.9488% | ~$1,807,489 | +527.7% |
| 2030 | ~$806,794,449 | ~$102,021,620 | ~1.9163% | ~$1,955,031 | +1057.8% |
| 2031 | ~$1,488,240,977 | ~$112,223,782 | ~1.8837% | ~$2,114,007 | +2035.8% |
| 2027 | ~$127,144,444 | ~$76,650,353 | ~2.0465% | ~$1,568,638 | +82.5% |
| 2028 | ~$231,992,155 | ~$84,315,388 | ~2.0465% | ~$1,725,502 | +232.9% |
| 2029 | ~$423,300,919 | ~$92,746,927 | ~2.0465% | ~$1,898,052 | +507.5% |
| 2030 | ~$772,369,514 | ~$102,021,620 | ~2.0465% | ~$2,087,857 | +1008.4% |
| 2031 | ~$1,409,292,161 | ~$112,223,782 | ~2.0465% | ~$2,296,643 | +1922.5% |
| 2027 | ~$129,931,729 | ~$76,650,353 | ~1.9977% | ~$1,531,215 | +86.5% |
| 2028 | ~$242,275,202 | ~$84,315,388 | ~1.9488% | ~$1,643,172 | +247.7% |
| 2029 | ~$451,754,730 | ~$92,746,927 | ~1.9000% | ~$1,762,207 | +548.3% |
| 2030 | ~$842,357,513 | ~$102,021,620 | ~1.8512% | ~$1,888,618 | +1108.9% |
| 2031 | ~$1,570,688,988 | ~$112,223,782 | ~1.8024% | ~$2,022,689 | +2154.1% |
In 2025, this property's market value of $73,290,000 places it in the top 25% for Multi-Family properties in Travis County (12570 comparable) — 141× the county median of $519,086. 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 | $73,290,000 | $438,150 | $519,086 | $747,031 | ↑ Top 25% | -7.5% |
| 2024 | $77,240,000 | $467,312 | $564,206 | $847,583 | ↑ Top 25% | -6.3% |
| 2023 | $47,522,317 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $24,523,884 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $3,262,644 | $353,349 | $436,046 | $657,886 | ↑ Top 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |