8701 MENCHACA RD 202 TX
| Owner | GENT AND COMPANY LLC |
|---|---|
| Parcel ID | 0426191415 |
| Short ID | 938183 |
| Type | Real |
| Use Code | 23 Small Office Condo |
| Valuation | Income |
| Improvement SF | 1,080 SF |
| Land SF | 4,098 SF |
| Acres | 0.094 |
| Year Built | 2020 |
| Legal | UNT 202 BLD 3 TRIO AT MENCHACA CONDOMINIUMS THE PLUS 4.8124 % INT IN COM AREA |
| Neighborhood | 54SOU |
| Land | $40,979 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $40,979 |
| Improvement | $684,335 |
|---|---|
| Total Improvement | $684,335 |
| Market | $725,314 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $725,314 |
| Value Limitation Adjustment (−) (homestead cap) | −$377,571 |
| Net Appraised (assessed) | $347,743 |
| Taxable Value | $347,743 |
|---|
Appreciation: Market value has risen +193.7% from $246,956 (2022) to $725,314 (2025), a CAGR of 43.2% over 3 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 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 $7,117. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Assessment Gap: Assessed value ($347,743) is $377,571 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 6% of market value ($40,979 land vs $684,335 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 $725,314, 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 +43.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,368,881 by 2030, with an estimated annual tax burden around $10,550. 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 | 1,080 SF | ✓ |
Market value changed by 314% 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% | $3,217.32 | $3,217.32 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,822.23 | $1,822.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,306.97 | $1,306.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $410.42 | $410.42 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $359.57 | $359.57 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,116.51 | $7,116.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $255,000 | $725,314 | -64.8% |
| Assessed Value | $255,000 | $347,743 | -26.7% |
| Land Value | $40,979 | $40,979 | +0.0% |
| Improvement Value | $214,021 | $684,335 | -68.7% |
| Taxable Value | $255,000 | $347,743 | -26.7% |
| Total Tax 2026 = estimate |
~$5,219
Estimated
|
~$7,117
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $255,000 | $255,000 | +0 (+0.0%) |
| Taxable Value | $255,000 | $255,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $255,000 | $40,979 | $214,021 | — | $255,000 | $255,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $725,314 | $40,979 | $684,335 | −$377,571 | $347,743 | $347,743 | ~$7,117 | Partial |
| 2024 | $289,786 | — | — | −$248,807 | $40,979 | $— | $5,743 | Verified |
| 2023 | $442,889 | — | — | −$401,910 | $40,979 | $— | $5,243 | Verified |
| 2022 | $246,956 | — | — | −$205,977 | $40,979 | $— | $8,747 | Verified |
| 2021 | $— | — | — | — | $57,701 | $— | $5,375 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -64.8% | -26.7% | ~100% | Not available | Partial |
| 2025 | -39.5% | -23.3% | 47.9% | Not available | Partial |
| 2024 | +313.8% ! | +56.5% | 37.8% | 0.4800% | Verified |
| 2023 | -34.6% | -34.6% | ~100% | 1.8100% | Verified |
| 2022 | -5.9% | -5.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +54.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -64.8% | +32.6% | +96.0% | +150.3% | 2025 | -64.8% | 2026 |
| Assessment Ratio | 100.0% | 37.6% | — | 100.0% | 2026 | 9.3% | 2023 |
| Effective Tax Rate (2025) | 0.9800% | 0.9800% | — | 0.9800% | 2025 | 0.9800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,117 | $6,712 | ~$9,073 | $8,747 | 2022 | $5,243 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,038,711 | ~$382,517 | ~2.0139% | ~$7,704 | +43.2% |
| 2027 | ~$1,487,523 | ~$420,769 | ~1.9814% | ~$8,337 | +105.1% |
| 2028 | ~$2,130,260 | ~$462,846 | ~1.9488% | ~$9,020 | +193.7% |
| 2029 | ~$3,050,713 | ~$509,131 | ~1.9163% | ~$9,756 | +320.6% |
| 2030 | ~$4,368,881 | ~$560,044 | ~1.8837% | ~$10,550 | +502.3% |
| 2026 | ~$1,024,205 | ~$382,517 | ~2.0465% | ~$7,828 | +41.2% |
| 2027 | ~$1,446,265 | ~$420,769 | ~2.0465% | ~$8,611 | +99.4% |
| 2028 | ~$2,042,249 | ~$462,846 | ~2.0465% | ~$9,472 | +181.6% |
| 2029 | ~$2,883,829 | ~$509,131 | ~2.0465% | ~$10,419 | +297.6% |
| 2030 | ~$4,072,212 | ~$560,044 | ~2.0465% | ~$11,461 | +461.4% |
| 2026 | ~$1,053,218 | ~$382,517 | ~1.9977% | ~$7,641 | +45.2% |
| 2027 | ~$1,529,362 | ~$420,769 | ~1.9488% | ~$8,200 | +110.9% |
| 2028 | ~$2,220,763 | ~$462,846 | ~1.9000% | ~$8,794 | +206.2% |
| 2029 | ~$3,224,737 | ~$509,131 | ~1.8512% | ~$9,425 | +344.6% |
| 2030 | ~$4,682,593 | ~$560,044 | ~1.8024% | ~$10,094 | +545.6% |
In 2025, this property's market value of $725,314 places it in the 25th–50th percentile for Commercial properties in Travis County (13608 comparable) — -49% 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 | $725,314 | $649,268 | $1,417,484 | $3,347,260 | ↓ Below median | -0.8% |
| 2024 | $289,786 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $442,889 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $246,956 | $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.