8701 MENCHACA RD 202 TX
| Owner | 8701 MENCHACA RD BUILDING 2 202 LLC |
|---|---|
| Parcel ID | 0426191407 |
| Short ID | 938175 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,759 SF |
| Land SF | 9,398 SF |
| Acres | 0.216 |
| Year Built | 2020 |
| Legal | UNT 202 BLD 2 TRIO AT MENCHACA CONDOMINIUMS THE PLUS 7.838 % INT IN COM AREA |
| Neighborhood | 54SOU |
| Land | $93,978 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $93,978 |
| Improvement | $710,764 |
|---|---|
| Total Improvement | $710,764 |
| Market | $804,742 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $804,742 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $804,742 |
| Taxable Value | $804,742 |
|---|
Appreciation: Market value has risen +109.9% from $383,453 (2022) to $804,742 (2025), a CAGR of 28.0% over 3 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 +16.6%, 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 $16,469. Austin ISD is the largest single contributor, at 45.2% 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 12% of market value ($93,978 land vs $710,764 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~6 yrs), and rent roll drive the underwriting.
Submarket Position: At $804,742, 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 +28.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,768,413 by 2030, with an estimated annual tax burden around $24,414. 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 |
|---|---|---|---|
| 2ND | 2nd Floor | 1,759 SF | ✓ |
Market value changed by 78% 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% | $7,445.47 | $7,445.47 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,216.98 | $4,216.98 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,024.58 | $3,024.58 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $949.78 | $949.78 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $832.10 | $832.10 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,468.91 | $16,468.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $589,890 | $804,742 | -26.7% |
| Assessed Value | $589,890 | $804,742 | -26.7% |
| Land Value | $93,978 | $93,978 | +0.0% |
| Improvement Value | $495,912 | $710,764 | -30.2% |
| Taxable Value | $589,890 | $804,742 | -26.7% |
| Total Tax 2026 = estimate |
~$12,072
Estimated
|
~$16,469
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $648,231 | $589,890 | -58,341 (-9.0%) |
| Taxable Value | $648,231 | $589,890 | -58,341 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $589,890 | $93,978 | $495,912 | — | $589,890 | $589,890 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $804,742 | $93,978 | $710,764 | — | $804,742 | $804,742 | ~$16,469 | Partial |
| 2024 | $439,961 | — | — | −$345,983 | $93,978 | $— | $11,710 | Verified |
| 2023 | $698,231 | — | — | −$604,253 | $93,978 | $— | $7,960 | Verified |
| 2022 | $383,453 | — | — | −$289,475 | $93,978 | $— | $13,790 | Verified |
| 2021 | $— | — | — | — | $93,978 | $— | $8,347 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -19.4% | -19.4% | ~100% | Not available | Partial |
| 2025 | +2.8% | +36.2% | ~100% | Not available | Partial |
| 2024 | +77.9% ! | +34.3% | 75.5% | 1.5000% | Verified |
| 2023 | -37.0% | -37.0% | ~100% | 1.8100% | Verified |
| 2022 | +10.1% | +10.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +26.9% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -26.7% | +25.3% | +37.4% | +82.9% | 2025 | -37.0% | 2024 |
| Assessment Ratio | 100.0% | 51.9% | — | 100.0% | 2025 | 13.5% | 2023 |
| 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 |
$16,469 | $12,482 | ~$20,998 | $16,469 | 2025 | $7,960 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,030,319 | ~$885,216 | ~2.0139% | ~$17,828 | +28.0% |
| 2027 | ~$1,319,126 | ~$973,738 | ~1.9814% | ~$19,294 | +63.9% |
| 2028 | ~$1,688,889 | ~$1,071,112 | ~1.9488% | ~$20,874 | +109.9% |
| 2029 | ~$2,162,300 | ~$1,178,223 | ~1.9163% | ~$22,578 | +168.7% |
| 2030 | ~$2,768,413 | ~$1,296,045 | ~1.8837% | ~$24,414 | +244.0% |
| 2026 | ~$1,014,224 | ~$885,216 | ~2.0465% | ~$18,116 | +26.0% |
| 2027 | ~$1,278,235 | ~$973,738 | ~2.0465% | ~$19,927 | +58.8% |
| 2028 | ~$1,610,972 | ~$1,071,112 | ~2.0465% | ~$21,920 | +100.2% |
| 2029 | ~$2,030,322 | ~$1,178,223 | ~2.0465% | ~$24,112 | +152.3% |
| 2030 | ~$2,558,834 | ~$1,296,045 | ~2.0465% | ~$26,523 | +218.0% |
| 2026 | ~$1,046,413 | ~$885,216 | ~1.9977% | ~$17,684 | +30.0% |
| 2027 | ~$1,360,661 | ~$973,738 | ~1.9488% | ~$18,977 | +69.1% |
| 2028 | ~$1,769,280 | ~$1,071,112 | ~1.9000% | ~$20,351 | +119.9% |
| 2029 | ~$2,300,611 | ~$1,178,223 | ~1.8512% | ~$21,811 | +185.9% |
| 2030 | ~$2,991,505 | ~$1,296,045 | ~1.8024% | ~$23,360 | +271.7% |
In 2025, this property's market value of $804,742 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -43% 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 | $804,742 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $439,961 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $698,231 | $667,828 | $1,414,358 | $3,374,900 | ↓ Below median | +9.7% |
| 2022 | $383,453 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | — | $517,750 | $1,142,600 | $2,780,453 | — | 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.