8701 MENCHACA RD 203 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191515 |
| Short ID | 973997 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,660 SF |
| Land SF | 6,765 SF |
| Acres | 0.155 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 203 PLUS 3.8093 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $67,646 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $67,646 |
| Improvement | $936,098 |
|---|---|
| Total Improvement | $936,098 |
| Market | $1,003,744 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,003,744 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,003,744 |
| Taxable Value | $1,003,744 |
|---|
Appreciation: Market value has risen +617.0% from $140,000 (2024) to $1,003,744 (2025), a CAGR of 617.0% 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 $20,541. 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 7% of market value ($67,646 land vs $936,098 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 +617.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $19,015,055,401 by 2030, with an estimated annual tax burden around $30,451. 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 | 1,660 SF | ✓ |
Market value changed by 272% 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% | $7,219.34 | $7,219.34 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,088.90 | $4,088.90 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,932.72 | $2,932.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $920.93 | $920.93 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $806.83 | $806.83 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,968.72 | $15,968.72 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $624,121 | $1,003,744 | -37.8% |
| Assessed Value | $624,121 | $1,003,744 | -37.8% |
| Land Value | $67,646 | $67,646 | +0.0% |
| Improvement Value | $556,475 | $936,098 | -40.6% |
| Taxable Value | $624,121 | $1,003,744 | -37.8% |
| Total Tax 2026 = estimate |
~$12,773
Estimated
|
~$15,969
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $624,121 | $624,121 | +0 (+0.0%) |
| Taxable Value | $624,121 | $624,121 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $624,121 | $67,646 | $556,475 | — | $624,121 | $624,121 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,003,744 | $67,646 | $936,098 | — | $1,003,744 | $1,003,744 | ~$15,969 | Partial |
| 2024 | $140,000 | — | — | −$112,264 | $27,736 | $— | $5,340 | Verified |
| 2023 | $— | — | — | — | $22,282 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -37.8% | -37.8% | ~100% | Not available | Partial |
| 2025 | +272.5% ! | +272.5% | ~100% | Not available | Partial |
| 2024 | +20.9% | +20.9% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +350.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -37.8% | +289.6% | +704.2% | +617.0% | 2025 | -37.8% | 2026 |
| Assessment Ratio | 100.0% | 73.3% | — | 100.0% | 2025 | 19.8% | 2024 |
| Effective Tax Rate (2025) | 1.5900% | 1.5900% | — | 1.5900% | 2025 | 1.5900% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$15,969 | $10,655 | ~$26,190 | $15,969 | 2025 | $5,340 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,196,443 | ~$1,104,118 | ~2.0139% | ~$22,236 | +617.0% |
| 2027 | ~$51,595,618 | ~$1,214,530 | ~1.9814% | ~$24,065 | +5040.3% |
| 2028 | ~$369,919,940 | ~$1,335,983 | ~1.9488% | ~$26,036 | +36754.0% |
| 2029 | ~$2,652,178,002 | ~$1,469,582 | ~1.9163% | ~$28,161 | +264128.5% |
| 2030 | ~$19,015,055,401 | ~$1,616,540 | ~1.8837% | ~$30,451 | +1894312.9% |
| 2026 | ~$7,176,368 | ~$1,104,118 | ~2.0465% | ~$22,596 | +615.0% |
| 2027 | ~$51,308,161 | ~$1,214,530 | ~2.0465% | ~$24,855 | +5011.7% |
| 2028 | ~$366,832,831 | ~$1,335,983 | ~2.0465% | ~$27,341 | +36446.5% |
| 2029 | ~$2,622,708,006 | ~$1,469,582 | ~2.0465% | ~$30,075 | +261192.5% |
| 2030 | ~$18,751,313,159 | ~$1,616,540 | ~2.0465% | ~$33,082 | +1868037.0% |
| 2026 | ~$7,216,518 | ~$1,104,118 | ~1.9977% | ~$22,057 | +619.0% |
| 2027 | ~$51,883,877 | ~$1,214,530 | ~1.9488% | ~$23,669 | +5069.0% |
| 2028 | ~$373,024,321 | ~$1,335,983 | ~1.9000% | ~$25,384 | +37063.3% |
| 2029 | ~$2,681,895,657 | ~$1,469,582 | ~1.8512% | ~$27,205 | +267089.2% |
| 2030 | ~$19,281,757,015 | ~$1,616,540 | ~1.8024% | ~$29,136 | +1920883.5% |
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.