8701 MENCHACA RD 202 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191514 |
| Short ID | 973996 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,289 SF |
| Land SF | 5,576 SF |
| Acres | 0.128 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 202 PLUS 5.5812 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $55,760 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $55,760 |
| Improvement | $1,220,998 |
|---|---|
| Total Improvement | $1,220,998 |
| Market | $1,276,758 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,276,758 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,276,758 |
| Taxable Value | $1,276,758 |
|---|
Appreciation: Market value has risen +812.0% from $140,000 (2024) to $1,276,758 (2025), a CAGR of 812.0% 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 $26,129. 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 4% of market value ($55,760 land vs $1,220,998 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 +812.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $80,539,948,621 by 2030, with an estimated annual tax burden around $38,734. 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 | 2,289 SF | ✓ |
Market value changed by 258% 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% | $5,093.23 | $5,093.23 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,884.71 | $2,884.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,069.03 | $2,069.03 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $649.72 | $649.72 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $569.22 | $569.22 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,265.91 | $11,265.91 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $781,635 | $1,276,758 | -38.8% |
| Assessed Value | $781,635 | $1,276,758 | -38.8% |
| Land Value | $55,760 | $55,760 | +0.0% |
| Improvement Value | $725,875 | $1,220,998 | -40.6% |
| Taxable Value | $781,635 | $1,276,758 | -38.8% |
| Total Tax 2026 = estimate |
~$15,996
Estimated
|
~$11,266
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $781,635 | $781,635 | +0 (+0.0%) |
| Taxable Value | $781,635 | $781,635 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $781,635 | $55,760 | $725,875 | — | $781,635 | $781,635 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,276,758 | $55,760 | $1,220,998 | — | $1,276,758 | $1,276,758 | ~$11,266 | Partial |
| 2024 | $140,000 | — | — | −$99,104 | $40,896 | $— | $7,060 | Verified |
| 2023 | $— | — | — | — | $32,646 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.8% | -38.8% | ~100% | Not available | Partial |
| 2025 | +258.4% ! | +258.4% | ~100% | Not available | Partial |
| 2024 | +28.5% | +28.5% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +360.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.8% | +386.6% | +927.5% | +812.0% | 2025 | -38.8% | 2026 |
| Assessment Ratio | 100.0% | 76.4% | — | 100.0% | 2025 | 29.2% | 2024 |
| Effective Tax Rate (2025) | 0.8800% | 0.8800% | — | 0.8800% | 2025 | 0.8800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,266 | $9,163 | ~$33,313 | $11,266 | 2025 | $7,060 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,643,650 | ~$1,404,434 | ~2.0139% | ~$28,284 | +812.0% |
| 2027 | ~$106,186,594 | ~$1,544,877 | ~1.9814% | ~$30,610 | +8216.9% |
| 2028 | ~$968,389,884 | ~$1,699,365 | ~1.9488% | ~$33,118 | +75747.6% |
| 2029 | ~$8,831,425,225 | ~$1,869,301 | ~1.9163% | ~$35,821 | +691607.1% |
| 2030 | ~$80,539,948,621 | ~$2,056,232 | ~1.8837% | ~$38,734 | +6308060.9% |
| 2026 | ~$11,618,115 | ~$1,404,434 | ~2.0465% | ~$28,742 | +810.0% |
| 2027 | ~$105,721,359 | ~$1,544,877 | ~2.0465% | ~$31,616 | +8180.5% |
| 2028 | ~$962,032,650 | ~$1,699,365 | ~2.0465% | ~$34,777 | +75249.6% |
| 2029 | ~$8,754,208,509 | ~$1,869,301 | ~2.0465% | ~$38,255 | +685559.2% |
| 2030 | ~$79,660,671,173 | ~$2,056,232 | ~2.0465% | ~$42,080 | +6239192.9% |
| 2026 | ~$11,669,185 | ~$1,404,434 | ~1.9977% | ~$28,056 | +814.0% |
| 2027 | ~$106,652,851 | ~$1,544,877 | ~1.9488% | ~$30,107 | +8253.4% |
| 2028 | ~$974,775,062 | ~$1,699,365 | ~1.9000% | ~$32,288 | +76247.7% |
| 2029 | ~$8,909,151,636 | ~$1,869,301 | ~1.8512% | ~$34,604 | +697694.9% |
| 2030 | ~$81,426,973,208 | ~$2,056,232 | ~1.8024% | ~$37,061 | +6377535.6% |
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.