8701 MENCHACA RD 106 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191507 |
| Short ID | 973989 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 900 SF |
| Land SF | 3,087 SF |
| Acres | 0.071 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 106 PLUS 2.0649 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $30,872 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $30,872 |
| Improvement | $534,948 |
|---|---|
| Total Improvement | $534,948 |
| Market | $565,820 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $565,820 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $565,820 |
| Taxable Value | $565,820 |
|---|
Appreciation: Market value has risen +304.2% from $140,000 (2024) to $565,820 (2025), a CAGR of 304.2% 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 $11,579. 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 ($30,872 land vs $534,948 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 +304.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $610,140,127 by 2030, with an estimated annual tax burden around $17,166. 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 | 900 SF | ✓ |
Market value changed by 265% 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% | $3,294.64 | $3,294.64 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $1,866.02 | $1,866.02 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,338.38 | $1,338.38 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $420.28 | $420.28 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $368.21 | $368.21 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $7,287.53 | $7,287.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $348,888 | $565,820 | -38.3% |
| Assessed Value | $348,888 | $565,820 | -38.3% |
| Land Value | $30,872 | $30,872 | +0.0% |
| Improvement Value | $318,016 | $534,948 | -40.6% |
| Taxable Value | $348,888 | $565,820 | -38.3% |
| Total Tax 2026 = estimate |
~$7,140
Estimated
|
~$7,288
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $348,888 | $348,888 | +0 (+0.0%) |
| Taxable Value | $348,888 | $348,888 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $348,888 | $30,872 | $318,016 | — | $348,888 | $348,888 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $565,820 | $30,872 | $534,948 | — | $565,820 | $565,820 | ~$7,288 | Partial |
| 2024 | $140,000 | — | — | −$123,020 | $16,980 | $— | $3,074 | Verified |
| 2023 | $— | — | — | — | $12,078 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.3% | -38.3% | ~100% | Not available | Partial |
| 2025 | +264.7% ! | +264.7% | ~100% | Not available | Partial |
| 2024 | +15.6% | +15.6% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.5100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +321.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.3% | +132.9% | +354.4% | +304.2% | 2025 | -38.3% | 2026 |
| Assessment Ratio | 100.0% | 70.7% | — | 100.0% | 2025 | 12.1% | 2024 |
| Effective Tax Rate (2025) | 1.2900% | 1.2900% | — | 1.2900% | 2025 | 1.2900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$7,288 | $5,181 | ~$14,764 | $7,288 | 2025 | $3,074 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$2,286,802 | ~$622,402 | ~2.0139% | ~$12,535 | +304.2% |
| 2027 | ~$9,242,273 | ~$684,642 | ~1.9814% | ~$13,565 | +1533.4% |
| 2028 | ~$37,353,308 | ~$753,106 | ~1.9488% | ~$14,677 | +6501.6% |
| 2029 | ~$150,966,063 | ~$828,417 | ~1.9163% | ~$15,875 | +26580.9% |
| 2030 | ~$610,140,127 | ~$911,259 | ~1.8837% | ~$17,166 | +107732.9% |
| 2026 | ~$2,275,486 | ~$622,402 | ~2.0465% | ~$12,737 | +302.2% |
| 2027 | ~$9,151,028 | ~$684,642 | ~2.0465% | ~$14,011 | +1517.3% |
| 2028 | ~$36,801,511 | ~$753,106 | ~2.0465% | ~$15,412 | +6404.1% |
| 2029 | ~$147,999,907 | ~$828,417 | ~2.0465% | ~$16,953 | +26056.7% |
| 2030 | ~$595,192,196 | ~$911,259 | ~2.0465% | ~$18,649 | +105091.1% |
| 2026 | ~$2,298,118 | ~$622,402 | ~1.9977% | ~$12,433 | +306.2% |
| 2027 | ~$9,333,972 | ~$684,642 | ~1.9488% | ~$13,343 | +1549.6% |
| 2028 | ~$37,910,593 | ~$753,106 | ~1.9000% | ~$14,309 | +6600.1% |
| 2029 | ~$153,976,582 | ~$828,417 | ~1.8512% | ~$15,336 | +27113.0% |
| 2030 | ~$625,386,887 | ~$911,259 | ~1.8024% | ~$16,424 | +110427.5% |
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.