8701 MENCHACA RD 207 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191519 |
| Short ID | 974001 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,272 SF |
| Land SF | 6,910 SF |
| Acres | 0.159 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 207 PLUS 5.2135 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $69,103 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $69,103 |
| Improvement | $1,211,930 |
|---|---|
| Total Improvement | $1,211,930 |
| Market | $1,281,033 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,281,033 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,281,033 |
| Taxable Value | $1,281,033 |
|---|
Appreciation: Market value has risen +815.0% from $140,000 (2024) to $1,281,033 (2025), a CAGR of 815.0% 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 $26,216. 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 ($69,103 land vs $1,211,930 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 +815.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $82,171,596,840 by 2030, with an estimated annual tax burden around $38,864. 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 | 2,272 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% | $7,374.77 | $7,374.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,176.94 | $4,176.94 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,995.86 | $2,995.86 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $940.76 | $940.76 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $824.20 | $824.20 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,312.53 | $16,312.53 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $789,586 | $1,281,033 | -38.4% |
| Assessed Value | $789,586 | $1,281,033 | -38.4% |
| Land Value | $69,103 | $69,103 | +0.0% |
| Improvement Value | $720,483 | $1,211,930 | -40.6% |
| Taxable Value | $789,586 | $1,281,033 | -38.4% |
| Total Tax 2026 = estimate |
~$16,159
Estimated
|
~$16,313
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $789,586 | $789,586 | +0 (+0.0%) |
| Taxable Value | $789,586 | $789,586 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $789,586 | $69,103 | $720,483 | — | $789,586 | $789,586 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,281,033 | $69,103 | $1,211,930 | — | $1,281,033 | $1,281,033 | ~$16,313 | Partial |
| 2024 | $140,000 | — | — | −$101,993 | $38,007 | $— | $6,956 | Verified |
| 2023 | $— | — | — | — | $30,494 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.4% | -38.4% | ~100% | Not available | Partial |
| 2025 | +265.0% ! | +265.0% | ~100% | Not available | Partial |
| 2024 | +28.4% | +28.4% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.7400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +368.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.4% | +388.3% | +928.9% | +815.0% | 2025 | -38.4% | 2026 |
| Assessment Ratio | 100.0% | 75.7% | — | 100.0% | 2025 | 27.1% | 2024 |
| Effective Tax Rate (2025) | 1.2700% | 1.2700% | — | 1.2700% | 2025 | 1.2700% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,313 | $11,634 | ~$33,425 | $16,313 | 2025 | $6,956 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,721,754 | ~$1,409,136 | ~2.0139% | ~$28,379 | +815.0% |
| 2027 | ~$107,256,811 | ~$1,550,050 | ~1.9814% | ~$30,713 | +8272.7% |
| 2028 | ~$981,425,105 | ~$1,705,055 | ~1.9488% | ~$33,229 | +76512.0% |
| 2029 | ~$8,980,271,045 | ~$1,875,560 | ~1.9163% | ~$35,941 | +700917.9% |
| 2030 | ~$82,171,596,840 | ~$2,063,116 | ~1.8837% | ~$38,864 | +6414379.3% |
| 2026 | ~$11,696,133 | ~$1,409,136 | ~2.0465% | ~$28,838 | +813.0% |
| 2027 | ~$106,788,453 | ~$1,550,050 | ~2.0465% | ~$31,722 | +8236.1% |
| 2028 | ~$975,003,752 | ~$1,705,055 | ~2.0465% | ~$34,894 | +76010.7% |
| 2029 | ~$8,902,014,078 | ~$1,875,560 | ~2.0465% | ~$38,383 | +694809.0% |
| 2030 | ~$81,277,486,865 | ~$2,063,116 | ~2.0465% | ~$42,221 | +6344583.3% |
| 2026 | ~$11,747,375 | ~$1,409,136 | ~1.9977% | ~$28,150 | +817.0% |
| 2027 | ~$107,726,194 | ~$1,550,050 | ~1.9488% | ~$30,208 | +8309.3% |
| 2028 | ~$987,874,590 | ~$1,705,055 | ~1.9000% | ~$32,396 | +77015.5% |
| 2029 | ~$9,059,042,845 | ~$1,875,560 | ~1.8512% | ~$34,720 | +707067.0% |
| 2030 | ~$83,073,558,235 | ~$2,063,116 | ~1.8024% | ~$37,185 | +6484788.2% |
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.