8701 MENCHACA RD 209 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191521 |
| Short ID | 974003 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,890 SF |
| Land SF | 10,021 SF |
| Acres | 0.230 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 209 PLUS 7.4751 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $100,209 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $100,209 |
| Improvement | $1,512,228 |
|---|---|
| Total Improvement | $1,512,228 |
| Market | $1,612,437 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,612,437 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,612,437 |
| Taxable Value | $1,612,437 |
|---|
Appreciation: Market value has risen +1051.7% from $140,000 (2024) to $1,612,437 (2025), a CAGR of 1051.7% 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 $32,998. 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 6% of market value ($100,209 land vs $1,512,228 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 +1051.7% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $326,780,665,397 by 2030, with an estimated annual tax burden around $48,918. 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 | 2,890 SF | ✓ |
Market value changed by 262% 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% | $9,339.89 | $9,339.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,289.95 | $5,289.95 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,794.16 | $3,794.16 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,191.44 | $1,191.44 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,043.82 | $1,043.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $20,659.26 | $20,659.26 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $999,184 | $1,612,437 | -38.0% |
| Assessed Value | $999,184 | $1,612,437 | -38.0% |
| Land Value | $100,209 | $100,209 | +0.0% |
| Improvement Value | $898,975 | $1,512,228 | -40.6% |
| Taxable Value | $999,184 | $1,612,437 | -38.0% |
| Total Tax 2026 = estimate |
~$20,448
Estimated
|
~$20,659
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $999,184 | $999,184 | +0 (+0.0%) |
| Taxable Value | $999,184 | $999,184 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $999,184 | $100,209 | $898,975 | — | $999,184 | $999,184 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,612,437 | $100,209 | $1,512,228 | — | $1,612,437 | $1,612,437 | ~$20,659 | Partial |
| 2024 | $140,000 | — | — | −$85,346 | $54,654 | $— | $8,823 | Verified |
| 2023 | $— | — | — | — | $43,723 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.0% | -38.0% | ~100% | Not available | Partial |
| 2025 | +262.2% ! | +262.2% | ~100% | Not available | Partial |
| 2024 | +26.3% | +26.3% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.5700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +357.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.0% | +506.9% | +1193.1% | +1051.7% | 2025 | -38.0% | 2026 |
| Assessment Ratio | 100.0% | 79.7% | — | 100.0% | 2025 | 39.0% | 2024 |
| Effective Tax Rate (2025) | 1.2800% | 1.2800% | — | 1.2800% | 2025 | 1.2800% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$20,659 | $14,741 | ~$42,072 | $20,659 | 2025 | $8,823 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$18,571,093 | ~$1,773,681 | ~2.0139% | ~$35,721 | +1051.7% |
| 2027 | ~$213,890,844 | ~$1,951,049 | ~1.9814% | ~$38,658 | +13165.1% |
| 2028 | ~$2,463,467,935 | ~$2,146,154 | ~1.9488% | ~$41,825 | +152679.2% |
| 2029 | ~$28,372,763,187 | ~$2,360,769 | ~1.9163% | ~$45,239 | +1759520.0% |
| 2030 | ~$326,780,665,397 | ~$2,596,846 | ~1.8837% | ~$48,918 | +20266159.4% |
| 2026 | ~$18,538,845 | ~$1,773,681 | ~2.0465% | ~$36,298 | +1049.7% |
| 2027 | ~$213,148,645 | ~$1,951,049 | ~2.0465% | ~$39,928 | +13119.0% |
| 2028 | ~$2,450,656,756 | ~$2,146,154 | ~2.0465% | ~$43,921 | +151884.7% |
| 2029 | ~$28,176,198,497 | ~$2,360,769 | ~2.0465% | ~$48,313 | +1747329.4% |
| 2030 | ~$323,953,225,854 | ~$2,596,846 | ~2.0465% | ~$53,144 | +20090807.5% |
| 2026 | ~$18,603,342 | ~$1,773,681 | ~1.9977% | ~$35,432 | +1053.7% |
| 2027 | ~$214,634,333 | ~$1,951,049 | ~1.9488% | ~$38,023 | +13211.2% |
| 2028 | ~$2,476,323,684 | ~$2,146,154 | ~1.9000% | ~$40,777 | +153476.5% |
| 2029 | ~$28,570,354,555 | ~$2,360,769 | ~1.8512% | ~$43,702 | +1771774.2% |
| 2030 | ~$329,627,812,714 | ~$2,596,846 | ~1.8024% | ~$46,805 | +20442733.6% |
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.