8701 MENCHACA RD 103 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191504 |
| Short ID | 973986 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,642 SF |
| Land SF | 5,001 SF |
| Acres | 0.115 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 103 PLUS 3.7680 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $50,013 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $50,013 |
| Improvement | $925,948 |
|---|---|
| Total Improvement | $925,948 |
| Market | $975,961 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $975,961 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $975,961 |
| Taxable Value | $975,961 |
|---|
Appreciation: Market value has risen +597.1% from $140,000 (2024) to $975,961 (2025), a CAGR of 597.1% over 1 year. 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.
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 $19,973. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: O. 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 5% of market value ($50,013 land vs $925,948 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +597.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $16,067,732,825 by 2030, with an estimated annual tax burden around $29,609. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 1,642 SF | ✓ |
Market value changed by 266% in 2025, 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% | $5,337.48 | $5,337.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,023.05 | $3,023.05 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,168.25 | $2,168.25 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $680.87 | $680.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $596.51 | $596.51 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,806.16 | $11,806.16 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $600,454 | $975,961 | -38.5% |
| Assessed Value | $600,454 | $975,961 | -38.5% |
| Land Value | $50,013 | $50,013 | +0.0% |
| Improvement Value | $550,441 | $925,948 | -40.6% |
| Taxable Value | $600,454 | $975,961 | -38.5% |
| Total Tax 2026 = estimate |
~$12,288
Estimated
|
~$11,806
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $600,454 | $600,454 | +0 (+0.0%) |
| Taxable Value | $600,454 | $600,454 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $600,454 | $50,013 | $550,441 | — | $600,454 | $600,454 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $975,961 | $50,013 | $925,948 | — | $975,961 | $975,961 | ~$11,806 | Partial |
| 2024 | $140,000 | — | — | −$112,493 | $27,507 | $— | $5,284 | Verified |
| 2023 | $— | — | — | — | $22,040 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.5% | -38.5% | ~100% | Not available | Partial |
| 2025 | +266.0% ! | +266.0% | ~100% | Not available | Partial |
| 2024 | +20.6% | +20.6% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.9200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +341.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.5% | +279.3% | +684.3% | +597.1% | 2025 | -38.5% | 2026 |
| Assessment Ratio | 100.0% | 73.2% | — | 100.0% | 2025 | 19.6% | 2024 |
| Effective Tax Rate (2025) | 1.2100% | 1.2100% | — | 1.2100% | 2025 | 1.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,806 | $8,545 | ~$25,465 | $11,806 | 2025 | $5,284 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,803,571 | ~$1,073,557 | ~2.0139% | ~$21,621 | +597.1% |
| 2027 | ~$47,428,711 | ~$1,180,913 | ~1.9814% | ~$23,398 | +4759.7% |
| 2028 | ~$330,632,656 | ~$1,299,004 | ~1.9488% | ~$25,316 | +33777.7% |
| 2029 | ~$2,304,889,842 | ~$1,428,905 | ~1.9163% | ~$27,382 | +236066.2% |
| 2030 | ~$16,067,732,825 | ~$1,571,795 | ~1.8837% | ~$29,609 | +1646249.9% |
| 2026 | ~$6,784,051 | ~$1,073,557 | ~2.0465% | ~$21,970 | +595.1% |
| 2027 | ~$47,156,958 | ~$1,180,913 | ~2.0465% | ~$24,167 | +4731.8% |
| 2028 | ~$327,795,090 | ~$1,299,004 | ~2.0465% | ~$26,584 | +33486.9% |
| 2029 | ~$2,278,552,841 | ~$1,428,905 | ~2.0465% | ~$29,242 | +233367.6% |
| 2030 | ~$15,838,562,582 | ~$1,571,795 | ~2.0465% | ~$32,167 | +1622768.4% |
| 2026 | ~$6,823,090 | ~$1,073,557 | ~1.9977% | ~$21,446 | +599.1% |
| 2027 | ~$47,701,244 | ~$1,180,913 | ~1.9488% | ~$23,014 | +4787.6% |
| 2028 | ~$333,486,551 | ~$1,299,004 | ~1.9000% | ~$24,681 | +34070.1% |
| 2029 | ~$2,331,454,502 | ~$1,428,905 | ~1.8512% | ~$26,452 | +238788.1% |
| 2030 | ~$16,299,548,139 | ~$1,571,795 | ~1.8024% | ~$28,330 | +1670002.4% |
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.