8701 MENCHACA RD 210 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191522 |
| Short ID | 974004 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,425 SF |
| Land SF | 4,328 SF |
| Acres | 0.099 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 210 PLUS 3.2685 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $43,277 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $43,277 |
| Improvement | $803,578 |
|---|---|
| Total Improvement | $803,578 |
| Market | $846,855 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $846,855 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $846,855 |
| Taxable Value | $846,855 |
|---|
Appreciation: Market value has risen +504.9% from $140,000 (2024) to $846,855 (2025), a CAGR of 504.9% 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 $17,331. 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 ($43,277 land vs $803,578 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 +504.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $6,858,263,354 by 2030, with an estimated annual tax burden around $25,692. 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 | 1,425 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% | $4,618.60 | $4,618.60 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,615.89 | $2,615.89 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,876.22 | $1,876.22 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $589.17 | $589.17 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $516.17 | $516.17 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $10,216.05 | $10,216.05 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $429,402 | $846,855 | -49.3% |
| Assessed Value | $429,402 | $846,855 | -49.3% |
| Land Value | $43,277 | $43,277 | +0.0% |
| Improvement Value | $386,125 | $803,578 | -51.9% |
| Taxable Value | $429,402 | $846,855 | -49.3% |
| Total Tax 2026 = estimate |
~$8,788
Estimated
|
~$10,216
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $520,975 | $429,402 | -91,573 (-17.6%) |
| Taxable Value | $520,975 | $429,402 | -91,573 (-17.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $429,402 | $43,277 | $386,125 | — | $429,402 | $429,402 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $846,855 | $43,277 | $803,578 | — | $846,855 | $846,855 | ~$10,216 | Partial |
| 2024 | $140,000 | — | — | −$116,102 | $23,898 | $— | $4,586 | Verified |
| 2023 | $— | — | — | — | $19,118 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.5% | -38.5% | ~100% | Not available | Partial |
| 2025 | +265.9% ! | +265.9% | ~100% | Not available | Partial |
| 2024 | +18.4% | +18.4% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.0400% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +333.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -49.3% | +227.8% | +622.5% | +504.9% | 2025 | -49.3% | 2026 |
| Assessment Ratio | 100.0% | 72.4% | — | 100.0% | 2025 | 17.1% | 2024 |
| Effective Tax Rate (2025) | 1.2100% | 1.2100% | — | 1.2100% | 2025 | 1.2100% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$10,216 | $7,401 | ~$22,097 | $10,216 | 2025 | $4,586 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$5,122,596 | ~$931,541 | ~2.0139% | ~$18,761 | +504.9% |
| 2027 | ~$30,986,398 | ~$1,024,695 | ~1.9814% | ~$20,303 | +3559.0% |
| 2028 | ~$187,435,616 | ~$1,127,164 | ~1.9488% | ~$21,967 | +22033.1% |
| 2029 | ~$1,133,791,345 | ~$1,239,880 | ~1.9163% | ~$23,760 | +133782.6% |
| 2030 | ~$6,858,263,354 | ~$1,363,868 | ~1.8837% | ~$25,692 | +809751.0% |
| 2026 | ~$5,105,659 | ~$931,541 | ~2.0465% | ~$19,064 | +502.9% |
| 2027 | ~$30,781,833 | ~$1,024,695 | ~2.0465% | ~$20,970 | +3534.8% |
| 2028 | ~$185,582,572 | ~$1,127,164 | ~2.0465% | ~$23,067 | +21814.3% |
| 2029 | ~$1,118,870,699 | ~$1,239,880 | ~2.0465% | ~$25,374 | +132020.7% |
| 2030 | ~$6,745,631,487 | ~$1,363,868 | ~2.0465% | ~$27,911 | +796450.9% |
| 2026 | ~$5,139,533 | ~$931,541 | ~1.9977% | ~$18,609 | +506.9% |
| 2027 | ~$31,191,641 | ~$1,024,695 | ~1.9488% | ~$19,970 | +3583.2% |
| 2028 | ~$189,300,953 | ~$1,127,164 | ~1.9000% | ~$21,416 | +22253.4% |
| 2029 | ~$1,148,860,726 | ~$1,239,880 | ~1.8512% | ~$22,953 | +135562.0% |
| 2030 | ~$6,972,394,714 | ~$1,363,868 | ~1.8024% | ~$24,582 | +823228.0% |
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.