8701 MENCHACA RD 205 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191517 |
| Short ID | 973999 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,677 SF |
| Land SF | 4,996 SF |
| Acres | 0.115 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 205 PLUS 3.8467 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $49,961 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $49,961 |
| Improvement | $945,683 |
|---|---|
| Total Improvement | $945,683 |
| Market | $995,644 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $995,644 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $995,644 |
| Taxable Value | $995,644 |
|---|
Appreciation: Market value has risen +611.2% from $140,000 (2024) to $995,644 (2025), a CAGR of 611.2% 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 $20,376. 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 ($49,961 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 +611.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $18,112,746,425 by 2030, with an estimated annual tax burden around $30,206. 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% | $5,329.15 | $5,329.15 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,018.34 | $3,018.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,164.87 | $2,164.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $679.81 | $679.81 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $595.58 | $595.58 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $11,787.75 | $11,787.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $612,135 | $995,644 | -38.5% |
| Assessed Value | $612,135 | $995,644 | -38.5% |
| Land Value | $49,961 | $49,961 | +0.0% |
| Improvement Value | $562,174 | $945,683 | -40.6% |
| Taxable Value | $612,135 | $995,644 | -38.5% |
| Total Tax 2026 = estimate |
~$12,527
Estimated
|
~$11,788
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $612,135 | $612,135 | +0 (+0.0%) |
| Taxable Value | $612,135 | $612,135 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $612,135 | $49,961 | $562,174 | — | $612,135 | $612,135 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $995,644 | $49,961 | $945,683 | — | $995,644 | $995,644 | ~$11,788 | Partial |
| 2024 | $140,000 | — | — | −$112,521 | $27,479 | $— | $5,384 | 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 | +266.5% ! | +266.5% | ~100% | Not available | Partial |
| 2024 | +20.9% | +20.9% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.9000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +343.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.5% | +286.4% | +700.3% | +611.2% | 2025 | -38.5% | 2026 |
| Assessment Ratio | 100.0% | 73.2% | — | 100.0% | 2025 | 19.6% | 2024 |
| Effective Tax Rate (2025) | 1.1800% | 1.1800% | — | 1.1800% | 2025 | 1.1800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$11,788 | $8,586 | ~$25,979 | $11,788 | 2025 | $5,384 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$7,080,764 | ~$1,095,208 | ~2.0139% | ~$22,057 | +611.2% |
| 2027 | ~$50,356,574 | ~$1,204,729 | ~1.9814% | ~$23,870 | +4957.7% |
| 2028 | ~$358,123,002 | ~$1,325,202 | ~1.9488% | ~$25,826 | +35869.0% |
| 2029 | ~$2,546,878,703 | ~$1,457,722 | ~1.9163% | ~$27,934 | +255702.1% |
| 2030 | ~$18,112,746,425 | ~$1,603,495 | ~1.8837% | ~$30,206 | +1819099.1% |
| 2026 | ~$7,060,851 | ~$1,095,208 | ~2.0465% | ~$22,413 | +609.2% |
| 2027 | ~$50,073,741 | ~$1,204,729 | ~2.0465% | ~$24,655 | +4929.3% |
| 2028 | ~$355,110,097 | ~$1,325,202 | ~2.0465% | ~$27,120 | +35566.4% |
| 2029 | ~$2,518,349,492 | ~$1,457,722 | ~2.0465% | ~$29,832 | +252836.7% |
| 2030 | ~$17,859,487,024 | ~$1,603,495 | ~2.0465% | ~$32,815 | +1793662.3% |
| 2026 | ~$7,100,677 | ~$1,095,208 | ~1.9977% | ~$21,879 | +613.2% |
| 2027 | ~$50,640,202 | ~$1,204,729 | ~1.9488% | ~$23,478 | +4986.2% |
| 2028 | ~$361,152,902 | ~$1,325,202 | ~1.9000% | ~$25,179 | +36173.3% |
| 2029 | ~$2,575,649,626 | ~$1,457,722 | ~1.8512% | ~$26,985 | +258591.8% |
| 2030 | ~$18,368,870,822 | ~$1,603,495 | ~1.8024% | ~$28,901 | +1844823.6% |
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.