8701 MENCHACA RD 204 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191516 |
| Short ID | 973998 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,302 SF |
| Land SF | 10,814 SF |
| Acres | 0.248 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 204 PLUS 2.9873 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $108,141 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $108,141 |
| Improvement | $815,795 |
|---|---|
| Total Improvement | $815,795 |
| Market | $923,936 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $923,936 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $923,936 |
| Taxable Value | $923,936 |
|---|
Appreciation: Market value has risen +560.0% from $140,000 (2024) to $923,936 (2025), a CAGR of 560.0% 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 $18,908. 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 12% of market value ($108,141 land vs $815,795 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 +560.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $11,566,744,878 by 2030, with an estimated annual tax burden around $28,030. 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 | 1,302 SF | ✓ |
Market value changed by 337% 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% | $4,221.69 | $4,221.69 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,391.09 | $2,391.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,714.98 | $1,714.98 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $538.54 | $538.54 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $471.81 | $471.81 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,338.11 | $9,338.11 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $544,605 | $923,936 | -41.1% |
| Assessed Value | $544,605 | $923,936 | -41.1% |
| Land Value | $108,141 | $108,141 | +0.0% |
| Improvement Value | $436,464 | $815,795 | -46.5% |
| Taxable Value | $544,605 | $923,936 | -41.1% |
| Total Tax 2026 = estimate |
~$11,145
Estimated
|
~$9,338
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $544,605 | $544,605 | +0 (+0.0%) |
| Taxable Value | $544,605 | $544,605 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $544,605 | $108,141 | $436,464 | — | $544,605 | $544,605 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $923,936 | $108,141 | $815,795 | — | $923,936 | $923,936 | ~$9,338 | Partial |
| 2024 | $140,000 | — | — | −$118,243 | $21,757 | $— | $4,189 | Verified |
| 2023 | $— | — | — | — | $17,474 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -41.1% | -41.1% | ~100% | Not available | Partial |
| 2025 | +337.1% ! | +337.1% | ~100% | Not available | Partial |
| 2024 | +16.7% | +16.7% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.1200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +410.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -41.1% | +259.4% | +651.9% | +560.0% | 2025 | -41.1% | 2026 |
| Assessment Ratio | 100.0% | 71.8% | — | 100.0% | 2025 | 15.5% | 2024 |
| Effective Tax Rate (2025) | 1.0100% | 1.0100% | — | 1.0100% | 2025 | 1.0100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,338 | $6,763 | ~$24,107 | $9,338 | 2025 | $4,189 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,097,555 | ~$1,016,330 | ~2.0139% | ~$20,468 | +560.0% |
| 2027 | ~$40,241,077 | ~$1,117,963 | ~1.9814% | ~$22,151 | +4255.4% |
| 2028 | ~$265,572,713 | ~$1,229,759 | ~1.9488% | ~$23,966 | +28643.6% |
| 2029 | ~$1,752,658,499 | ~$1,352,735 | ~1.9163% | ~$25,922 | +189594.8% |
| 2030 | ~$11,566,744,878 | ~$1,488,008 | ~1.8837% | ~$28,030 | +1251798.9% |
| 2026 | ~$6,079,077 | ~$1,016,330 | ~2.0465% | ~$20,799 | +558.0% |
| 2027 | ~$39,997,544 | ~$1,117,963 | ~2.0465% | ~$22,879 | +4229.0% |
| 2028 | ~$263,165,558 | ~$1,229,759 | ~2.0465% | ~$25,167 | +28383.1% |
| 2029 | ~$1,731,509,066 | ~$1,352,735 | ~2.0465% | ~$27,684 | +187305.7% |
| 2030 | ~$11,392,538,104 | ~$1,488,008 | ~2.0465% | ~$30,452 | +1232944.1% |
| 2026 | ~$6,116,034 | ~$1,016,330 | ~1.9977% | ~$20,303 | +562.0% |
| 2027 | ~$40,485,349 | ~$1,117,963 | ~1.9488% | ~$21,787 | +4281.8% |
| 2028 | ~$267,994,502 | ~$1,229,759 | ~1.9000% | ~$23,366 | +28905.7% |
| 2029 | ~$1,774,001,090 | ~$1,352,735 | ~1.8512% | ~$25,042 | +191904.8% |
| 2030 | ~$11,743,076,243 | ~$1,488,008 | ~1.8024% | ~$26,819 | +1270883.7% |
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.