8701 MENCHACA RD 105 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191506 |
| Short ID | 973988 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,677 SF |
| Land SF | 5,098 SF |
| Acres | 0.117 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 105 PLUS 3.8467 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $50,976 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $50,976 |
| Improvement | $945,683 |
|---|---|
| Total Improvement | $945,683 |
| Market | $996,659 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $996,659 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $996,659 |
| Taxable Value | $996,659 |
|---|
Appreciation: Market value has risen +611.9% from $140,000 (2024) to $996,659 (2025), a CAGR of 611.9% 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 $20,396. 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 ($50,976 land vs $945,683 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 +611.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,223,818,391 by 2030, with an estimated annual tax burden around $30,236. 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 | 1,677 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% | $5,440.18 | $5,440.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,081.22 | $3,081.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,209.97 | $2,209.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $693.98 | $693.98 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $607.99 | $607.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,033.34 | $12,033.34 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $613,150 | $996,659 | -38.5% |
| Assessed Value | $613,150 | $996,659 | -38.5% |
| Land Value | $50,976 | $50,976 | +0.0% |
| Improvement Value | $562,174 | $945,683 | -40.6% |
| Taxable Value | $613,150 | $996,659 | -38.5% |
| Total Tax 2026 = estimate |
~$12,548
Estimated
|
~$12,033
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $613,150 | $613,150 | +0 (+0.0%) |
| Taxable Value | $613,150 | $613,150 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $613,150 | $50,976 | $562,174 | — | $613,150 | $613,150 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $996,659 | $50,976 | $945,683 | — | $996,659 | $996,659 | ~$12,033 | Partial |
| 2024 | $140,000 | — | — | −$111,963 | $28,037 | $— | $5,396 | Verified |
| 2023 | $— | — | — | — | $22,500 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.5% | -38.5% | ~100% | Not available | Partial |
| 2025 | +266.1% ! | +266.1% | ~100% | Not available | Partial |
| 2024 | +21.2% | +21.2% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +343.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.5% | +286.7% | +701.0% | +611.9% | 2025 | -38.5% | 2026 |
| Assessment Ratio | 100.0% | 73.3% | — | 100.0% | 2025 | 20.0% | 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 |
$12,033 | $8,714 | ~$26,005 | $12,033 | 2025 | $5,396 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,095,208 | ~$1,096,325 | ~2.0139% | ~$22,079 | +611.9% |
| 2027 | ~$50,510,737 | ~$1,205,957 | ~1.9814% | ~$23,895 | +4968.0% |
| 2028 | ~$359,585,577 | ~$1,326,553 | ~1.9488% | ~$25,852 | +35979.1% |
| 2029 | ~$2,559,887,158 | ~$1,459,208 | ~1.9163% | ~$27,963 | +256746.8% |
| 2030 | ~$18,223,818,391 | ~$1,605,129 | ~1.8837% | ~$30,236 | +1828390.8% |
| 2026 | ~$7,075,275 | ~$1,096,325 | ~2.0465% | ~$22,436 | +609.9% |
| 2027 | ~$50,227,328 | ~$1,205,957 | ~2.0465% | ~$24,680 | +4939.6% |
| 2028 | ~$356,563,440 | ~$1,326,553 | ~2.0465% | ~$27,148 | +35675.9% |
| 2029 | ~$2,531,241,310 | ~$1,459,208 | ~2.0465% | ~$29,862 | +253872.7% |
| 2030 | ~$17,969,263,982 | ~$1,605,129 | ~2.0465% | ~$32,849 | +1802850.1% |
| 2026 | ~$7,115,141 | ~$1,096,325 | ~1.9977% | ~$21,901 | +613.9% |
| 2027 | ~$50,794,944 | ~$1,205,957 | ~1.9488% | ~$23,502 | +4996.5% |
| 2028 | ~$362,624,744 | ~$1,326,553 | ~1.9000% | ~$25,205 | +36284.0% |
| 2029 | ~$2,588,775,457 | ~$1,459,208 | ~1.8512% | ~$27,013 | +259645.4% |
| 2030 | ~$18,481,249,495 | ~$1,605,129 | ~1.8024% | ~$28,930 | +1854220.2% |
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.