11800 MENCHACA RD TX 78748
| Owner | RW MENCHACA OWNER LLC |
|---|---|
| Parcel ID | 0438230804 |
| Short ID | 556625 |
| Type | Real |
| Use Code | 00 (unlisted) |
| Valuation | Income |
| Improvement SF | — |
| Land SF | 345,779 SF |
| Acres | 7.938 |
| Year Built | — |
| Legal | LOT 1 LESS E 10' HICKS HAROLD SUBD THE |
| Neighborhood | 97MHP |
| Land | $3,388,637 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,388,637 |
| Improvement | $29,879 |
|---|---|
| Total Improvement | $29,879 |
| Market | $3,418,516 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,418,516 |
| Value Limitation Adjustment (−) (homestead cap) | −$605,480 |
| Net Appraised (assessed) | $2,813,036 |
| Taxable Value | $2,813,036 |
|---|
Appreciation: Market value has risen +198.3% from $1,145,866 (2021) to $3,418,516 (2025), a CAGR of 31.4% 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 +17.8%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $45,641. Austin ISD is the largest single contributor, at 57.0% of the total 2025 levy.
Assessment Gap: Assessed value ($2,813,036) is $605,480 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 99% of market value ($3,388,637 land vs $29,879 improvements), about $10/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $3,418,516, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). 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 +39.5% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $31,862,411 by 2031, with an estimated annual tax burden around $144,116. 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 |
|---|---|---|---|
| 438 | STREETS PRIVATE | 34,707 SF | ✗ |
| SO | Sketch Only | 728 SF | ✗ |
| 406 | MH PARK SPACES | 29 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% | $26,026.21 | $26,026.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,572.66 | $10,572.66 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,320.03 | $3,320.03 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $2,908.68 | $2,908.68 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $2,813.04 | $2,813.04 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $45,640.62 | $45,640.62 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $26,026.21 | 57.0% |
| TCO Travis County | 0.3758% | $10,572.66 | 23.2% |
| THD Travis Central Health | 0.1180% | $3,320.03 | 7.3% |
| ACT Austin Community College | 0.1034% | $2,908.68 | 6.4% |
| E05 Travis County ESD # 05 | 0.1000% | $2,813.04 | 6.2% |
| Total | 1.6225% | $45,640.62 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,042,355 | $3,418,516 | +76.8% |
| Assessed Value | $6,042,355 | $2,813,036 | +114.8% |
| Land Value | $3,388,637 | $3,388,637 | +0.0% |
| Improvement Value | $2,653,718 | $29,879 | +8781.5% |
| Taxable Value | $6,042,355 | $2,813,036 | +114.8% |
| Total Tax 2026 = estimate |
~$98,035
Estimated
|
~$45,641
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $6,042,355 | $3,388,637 | $2,653,718 | — | $6,042,355 | $6,042,355 | Not yet — post-cert | Preliminary |
| 2025 | $3,418,516 | $3,388,637 | $29,879 | −$605,480 | $2,813,036 | $2,813,036 | ~$45,641 | Partial |
| 2024 | $48,263 | $3,388,637 | — | −$36,677 | $11,586 | $6,586 | $37,606 | Verified |
| 2023 | $50,679 | $2,420,455 | — | −$19,979 | $30,700 | $— | $33,869 | Verified |
| 2022 | $52,915 | $2,420,455 | — | −$25,006 | $27,909 | $— | $34,533 | Verified |
| 2021 | $1,145,866 | $864,448 | $281,418 | — | $1,145,866 | $1,145,866 | $19,889 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +76.8% ! | +114.8% | ~100% | Not available | Partial |
| 2025 | +6983.1% ! | +24179.6% | 82.3% | Not available | Partial |
| 2024 | -4.8% | -62.3% | 24.0% | No billing data | Verified |
| 2023 | -4.2% | +10.0% | 60.6% | No billing data | Verified |
| 2022 | -95.4% ! | -97.6% | 52.7% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +198.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +76.8% | +1391.1% | +39.4% | +6983.1% | 2025 | -95.4% | 2022 |
| Assessment Ratio | 100.0% | 69.9% | — | 100.0% | 2021 | 24.0% | 2024 |
| Effective Tax Rate (2025) | 1.3400% | 1.3400% | — | 1.3400% | 2025 | 1.3400% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$45,641 | $34,307 | ~$124,346 | $45,641 | 2025 | $19,889 | 2021 |
Market value changed by 95% 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 | ~$8,425,986 | ~$6,646,591 | ~1.5942% | ~$105,958 | +39.4% |
| 2028 | ~$11,749,928 | ~$7,311,250 | ~1.5659% | ~$114,484 | +94.5% |
| 2029 | ~$16,385,122 | ~$8,042,375 | ~1.5376% | ~$123,656 | +171.2% |
| 2030 | ~$22,848,840 | ~$8,846,612 | ~1.5093% | ~$133,518 | +278.1% |
| 2031 | ~$31,862,411 | ~$9,731,273 | ~1.4810% | ~$144,116 | +427.3% |
| 2027 | ~$8,305,139 | ~$6,646,591 | ~1.6225% | ~$107,839 | +37.4% |
| 2028 | ~$11,415,305 | ~$7,311,250 | ~1.6225% | ~$118,623 | +88.9% |
| 2029 | ~$15,690,189 | ~$8,042,375 | ~1.6225% | ~$130,485 | +159.7% |
| 2030 | ~$21,565,962 | ~$8,846,612 | ~1.6225% | ~$143,533 | +256.9% |
| 2031 | ~$29,642,135 | ~$9,731,273 | ~1.6225% | ~$157,887 | +390.6% |
| 2027 | ~$8,546,833 | ~$6,646,591 | ~1.5800% | ~$105,017 | +41.4% |
| 2028 | ~$12,089,384 | ~$7,311,250 | ~1.5376% | ~$112,415 | +100.1% |
| 2029 | ~$17,100,277 | ~$8,042,375 | ~1.4951% | ~$120,242 | +183.0% |
| 2030 | ~$24,188,120 | ~$8,846,612 | ~1.4527% | ~$128,510 | +300.3% |
| 2031 | ~$34,213,783 | ~$9,731,273 | ~1.4102% | ~$137,230 | +466.2% |
In 2025, this property's market value of $3,418,516 places it in the top 25% for Commercial properties in Travis County (13595 comparable) — +147% above the county median of $1,382,921. 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 | $3,418,516 | $632,506 | $1,382,921 | $3,258,143 | ↑ Top 25% | -0.8% |
| 2024 | $48,263 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $50,679 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $52,915 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $1,145,866 | $538,645 | $1,173,514 | $2,782,974 | ↓ Below median | 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 | — |