8701 MENCHACA RD 212 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191523 |
| Short ID | 974005 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 2,277 SF |
| Land SF | 7,755 SF |
| Acres | 0.178 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 212 PLUS 5.7936 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $77,555 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $77,555 |
| Improvement | $1,214,595 |
|---|---|
| Total Improvement | $1,214,595 |
| Market | $1,292,150 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,292,150 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,292,150 |
| Taxable Value | $1,292,150 |
|---|
Appreciation: Market value has risen +823.0% from $140,000 (2024) to $1,292,150 (2025), a CAGR of 823.0% 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 $26,444. 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 ($77,555 land vs $1,214,595 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 +823.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $86,544,089,479 by 2030, with an estimated annual tax burden around $39,201. 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 | 2,277 SF | ✓ |
Market value changed by 263% 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% | $7,344.24 | $7,344.24 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,159.65 | $4,159.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,983.46 | $2,983.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $936.87 | $936.87 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $820.79 | $820.79 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $16,245.01 | $16,245.01 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $799,623 | $1,292,150 | -38.1% |
| Assessed Value | $799,623 | $1,292,150 | -38.1% |
| Land Value | $77,555 | $77,555 | +0.0% |
| Improvement Value | $722,068 | $1,214,595 | -40.6% |
| Taxable Value | $799,623 | $1,292,150 | -38.1% |
| Total Tax 2026 = estimate |
~$16,364
Estimated
|
~$16,245
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $799,623 | $799,623 | +0 (+0.0%) |
| Taxable Value | $799,623 | $799,623 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $799,623 | $77,555 | $722,068 | — | $799,623 | $799,623 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,292,150 | $77,555 | $1,214,595 | — | $1,292,150 | $1,292,150 | ~$16,245 | Partial |
| 2024 | $140,000 | — | — | −$97,640 | $42,360 | $— | $7,056 | Verified |
| 2023 | $— | — | — | — | $33,888 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.1% | -38.1% | ~100% | Not available | Partial |
| 2025 | +262.9% ! | +262.9% | ~100% | Not available | Partial |
| 2024 | +28.4% | +28.4% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 0.7300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +366.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.1% | +392.4% | +936.7% | +823.0% | 2025 | -38.1% | 2026 |
| Assessment Ratio | 100.0% | 76.8% | — | 100.0% | 2025 | 30.3% | 2024 |
| Effective Tax Rate (2025) | 1.2600% | 1.2600% | — | 1.2600% | 2025 | 1.2600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$16,245 | $11,650 | ~$33,715 | $16,245 | 2025 | $7,056 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$11,926,083 | ~$1,421,365 | ~2.0139% | ~$28,625 | +823.0% |
| 2027 | ~$110,073,487 | ~$1,563,502 | ~1.9814% | ~$30,979 | +8418.6% |
| 2028 | ~$1,015,938,972 | ~$1,719,852 | ~1.9488% | ~$33,517 | +78523.9% |
| 2029 | ~$9,376,753,881 | ~$1,891,837 | ~1.9163% | ~$36,253 | +725570.7% |
| 2030 | ~$86,544,089,479 | ~$2,081,020 | ~1.8837% | ~$39,201 | +6697581.3% |
| 2026 | ~$11,900,240 | ~$1,421,365 | ~2.0465% | ~$29,088 | +821.0% |
| 2027 | ~$109,596,960 | ~$1,563,502 | ~2.0465% | ~$31,997 | +8381.8% |
| 2028 | ~$1,009,348,864 | ~$1,719,852 | ~2.0465% | ~$35,197 | +78013.9% |
| 2029 | ~$9,295,742,558 | ~$1,891,837 | ~2.0465% | ~$38,716 | +719301.2% |
| 2030 | ~$85,610,469,050 | ~$2,081,020 | ~2.0465% | ~$42,588 | +6625328.1% |
| 2026 | ~$11,951,926 | ~$1,421,365 | ~1.9977% | ~$28,394 | +825.0% |
| 2027 | ~$110,551,047 | ~$1,563,502 | ~1.9488% | ~$30,470 | +8455.6% |
| 2028 | ~$1,022,557,703 | ~$1,719,852 | ~1.9000% | ~$32,677 | +79036.1% |
| 2029 | ~$9,458,293,557 | ~$1,891,837 | ~1.8512% | ~$35,022 | +731881.1% |
| 2030 | ~$87,485,837,438 | ~$2,081,020 | ~1.8024% | ~$37,508 | +6770463.6% |
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.