8701 MENCHACA RD 104 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191505 |
| Short ID | 973987 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,123 SF |
| Land SF | 6,062 SF |
| Acres | 0.139 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 104 PLUS 4.8713 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $60,624 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $60,624 |
| Improvement | $1,164,843 |
|---|---|
| Total Improvement | $1,164,843 |
| Market | $1,225,467 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,225,467 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,225,467 |
| Taxable Value | $1,225,467 |
|---|
Appreciation: Market value has risen +775.3% from $140,000 (2024) to $1,225,467 (2025), a CAGR of 775.3% 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 $25,079. 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 ($60,624 land vs $1,164,843 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 +775.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $62,975,198,729 by 2030, with an estimated annual tax burden around $37,178. 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 | 2,123 SF | ✓ |
Market value changed by 267% 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% | $6,469.92 | $6,469.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,664.45 | $3,664.45 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,628.28 | $2,628.28 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $825.33 | $825.33 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $723.08 | $723.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,311.06 | $14,311.06 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $753,083 | $1,225,467 | -38.5% |
| Assessed Value | $753,083 | $1,225,467 | -38.5% |
| Land Value | $60,624 | $60,624 | +0.0% |
| Improvement Value | $692,459 | $1,164,843 | -40.6% |
| Taxable Value | $753,083 | $1,225,467 | -38.5% |
| Total Tax 2026 = estimate |
~$15,412
Estimated
|
~$14,311
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $753,083 | $753,083 | +0 (+0.0%) |
| Taxable Value | $753,083 | $753,083 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $753,083 | $60,624 | $692,459 | — | $753,083 | $753,083 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,225,467 | $60,624 | $1,164,843 | — | $1,225,467 | $1,225,467 | ~$14,311 | Partial |
| 2024 | $140,000 | — | — | −$106,657 | $33,343 | $— | $6,622 | Verified |
| 2023 | $— | — | — | — | $28,493 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.5% | -38.5% | ~100% | Not available | Partial |
| 2025 | +266.7% ! | +266.7% | ~100% | Not available | Partial |
| 2024 | -18.7% | -18.7% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.4900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +198.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.5% | +368.4% | +885.1% | +775.3% | 2025 | -38.5% | 2026 |
| Assessment Ratio | 100.0% | 74.6% | — | 100.0% | 2025 | 23.8% | 2024 |
| Effective Tax Rate (2025) | 1.1700% | 1.1700% | — | 1.1700% | 2025 | 1.1700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,311 | $10,467 | ~$31,975 | $14,311 | 2025 | $6,622 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$10,726,924 | ~$1,348,014 | ~2.0139% | ~$27,148 | +775.3% |
| 2027 | ~$93,896,367 | ~$1,482,815 | ~1.9814% | ~$29,380 | +7562.1% |
| 2028 | ~$821,906,427 | ~$1,631,097 | ~1.9488% | ~$31,787 | +66968.8% |
| 2029 | ~$7,194,422,879 | ~$1,794,206 | ~1.9163% | ~$34,382 | +586976.0% |
| 2030 | ~$62,975,198,729 | ~$1,973,627 | ~1.8837% | ~$37,178 | +5138773.5% |
| 2026 | ~$10,702,415 | ~$1,348,014 | ~2.0465% | ~$27,587 | +773.3% |
| 2027 | ~$93,467,781 | ~$1,482,815 | ~2.0465% | ~$30,346 | +7527.1% |
| 2028 | ~$816,285,507 | ~$1,631,097 | ~2.0465% | ~$33,380 | +66510.2% |
| 2029 | ~$7,128,895,373 | ~$1,794,206 | ~2.0465% | ~$36,718 | +581628.9% |
| 2030 | ~$62,259,036,564 | ~$1,973,627 | ~2.0465% | ~$40,390 | +5080333.5% |
| 2026 | ~$10,751,433 | ~$1,348,014 | ~1.9977% | ~$26,929 | +777.3% |
| 2027 | ~$94,325,935 | ~$1,482,815 | ~1.9488% | ~$28,898 | +7597.1% |
| 2028 | ~$827,553,091 | ~$1,631,097 | ~1.9000% | ~$30,991 | +67429.6% |
| 2029 | ~$7,260,401,088 | ~$1,794,206 | ~1.8512% | ~$33,214 | +592359.9% |
| 2030 | ~$63,697,936,163 | ~$1,973,627 | ~1.8024% | ~$35,572 | +5197750.0% |
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.