8701 MENCHACA RD 201 TX
| Owner | VILLAGE 404 LLC |
|---|---|
| Parcel ID | 0426191414 |
| Short ID | 938182 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,301 SF |
| Land SF | 6,935 SF |
| Acres | 0.159 |
| Year Built | 2020 |
| Legal | UNT 201 BLD 3 TRIO AT MENCHACA CONDOMINIUMS THE PLUS 5.7972 % INT IN COM AREA |
| Neighborhood | 54SOU |
| Land | $69,348 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $69,348 |
| Improvement | $782,103 |
|---|---|
| Total Improvement | $782,103 |
| Market | $851,451 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $851,451 |
| Value Limitation Adjustment (−) (homestead cap) | −$196,984 |
| Net Appraised (assessed) | $654,467 |
| Taxable Value | $654,467 |
|---|
Appreciation: Market value has risen +190.1% from $293,526 (2022) to $851,451 (2025), a CAGR of 42.6% 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 $13,394. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($654,467) is $196,984 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 8% of market value ($69,348 land vs $782,103 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 $851,451, 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 +42.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $5,023,597 by 2030, with an estimated annual tax burden around $19,855. 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 | 1,301 SF | ✓ |
Market value changed by 294% 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% | $6,055.13 | $6,055.13 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,429.52 | $3,429.52 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,459.78 | $2,459.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $772.42 | $772.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $676.72 | $676.72 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,393.57 | $13,393.57 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $490,672 | $851,451 | -42.4% |
| Assessed Value | $490,672 | $654,467 | -25.0% |
| Land Value | $69,348 | $69,348 | +0.0% |
| Improvement Value | $421,324 | $782,103 | -46.1% |
| Taxable Value | $490,672 | $654,467 | -25.0% |
| Total Tax 2026 = estimate |
~$10,042
Estimated
|
~$13,394
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $490,672 | $490,672 | +0 (+0.0%) |
| Taxable Value | $490,672 | $490,672 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $490,672 | $69,348 | $421,324 | — | $490,672 | $490,672 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $851,451 | $69,348 | $782,103 | −$196,984 | $654,467 | $654,467 | ~$13,394 | Partial |
| 2024 | $353,697 | — | — | −$284,349 | $69,348 | $— | $10,809 | Verified |
| 2023 | $528,678 | — | — | −$459,330 | $69,348 | $— | $6,399 | Verified |
| 2022 | $293,526 | — | — | −$224,178 | $69,348 | $— | $10,441 | Verified |
| 2021 | $— | — | — | — | $69,509 | $— | $6,389 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -42.4% | -25.0% | ~100% | Not available | Partial |
| 2025 | -38.9% | +20.0% | 76.9% | Not available | Partial |
| 2024 | +293.9% ! | +54.2% | 39.2% | 0.7800% | Verified |
| 2023 | -33.1% | -33.1% | ~100% | 1.8100% | Verified |
| 2022 | -2.4% | -2.4% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +57.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -42.4% | +36.3% | +63.6% | +140.7% | 2025 | -42.4% | 2026 |
| Assessment Ratio | 100.0% | 46.6% | — | 100.0% | 2026 | 13.1% | 2023 |
| Effective Tax Rate (2025) | 1.5700% | 1.5700% | — | 1.5700% | 2025 | 1.5700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$13,394 | $10,261 | ~$17,077 | $13,394 | 2025 | $6,399 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,214,313 | ~$719,914 | ~2.0139% | ~$14,499 | +42.6% |
| 2027 | ~$1,731,816 | ~$791,905 | ~1.9814% | ~$15,691 | +103.4% |
| 2028 | ~$2,469,862 | ~$871,096 | ~1.9488% | ~$16,976 | +190.1% |
| 2029 | ~$3,522,441 | ~$958,205 | ~1.9163% | ~$18,362 | +313.7% |
| 2030 | ~$5,023,597 | ~$1,054,026 | ~1.8837% | ~$19,855 | +490.0% |
| 2026 | ~$1,197,284 | ~$719,914 | ~2.0465% | ~$14,733 | +40.6% |
| 2027 | ~$1,683,584 | ~$791,905 | ~2.0465% | ~$16,206 | +97.7% |
| 2028 | ~$2,367,404 | ~$871,096 | ~2.0465% | ~$17,827 | +178.0% |
| 2029 | ~$3,328,970 | ~$958,205 | ~2.0465% | ~$19,610 | +291.0% |
| 2030 | ~$4,681,095 | ~$1,054,026 | ~2.0465% | ~$21,570 | +449.8% |
| 2026 | ~$1,231,342 | ~$719,914 | ~1.9977% | ~$14,381 | +44.6% |
| 2027 | ~$1,780,729 | ~$791,905 | ~1.9488% | ~$15,433 | +109.1% |
| 2028 | ~$2,575,235 | ~$871,096 | ~1.9000% | ~$16,551 | +202.5% |
| 2029 | ~$3,724,226 | ~$958,205 | ~1.8512% | ~$17,738 | +337.4% |
| 2030 | ~$5,385,860 | ~$1,054,026 | ~1.8024% | ~$18,997 | +532.6% |
In 2025, this property's market value of $851,451 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -40% 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 | $851,451 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $353,697 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $528,678 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $293,526 | $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.