12015 MENCHACA RD TX 78748
| Owner | HOME-TECH INDUSTRIES INC |
|---|---|
| Parcel ID | 0440230330 |
| Short ID | 350514 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 152,620 SF |
| Land SF | 448,494 SF |
| Acres | 10.296 |
| Year Built | 2009 |
| Legal | ABS 27 SUR 2 WILSON W ACR 10.2960 |
| Neighborhood | 63BRV |
| Land | $3,767,350 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $3,767,350 |
| Improvement | $4,923,650 |
|---|---|
| Total Improvement | $4,923,650 |
| Market | $8,691,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $8,691,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $8,691,000 |
| Taxable Value | $8,691,000 |
|---|
Appreciation: Market value has risen +38.2% from $6,288,352 (2021) to $8,691,000 (2025), a CAGR of 8.4% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.6225% in 2025 (+0.0183% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $141,009. Austin ISD is the largest single contributor, at 57.0% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. 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 43% of market value ($3,767,350 land vs $4,923,650 improvements), about $8/SF of land. Most value sits in the improvements, so building condition, age (~17 yrs), and rent roll drive the underwriting.
Submarket Position: At $8,691,000, this parcel sits in the top quartile (≥75th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +8.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $13,023,745 by 2030, with an estimated annual tax burden around $192,876. 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.
7 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| SO | Sketch Only | 152,820 SF | ✗ |
| 1ST | 1st Floor | 152,620 SF | ✓ |
| 551 | PAVED AREA | 106,000 SF | ✗ |
| 093 | HVAC COMMRCL SF | 2,250 SF | ✗ |
| 501 | CANOPY | 924 SF | ✗ |
| 611 | TERRACE | 924 SF | ✗ |
| MISC | Miscellaneous | 1 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| 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% | $80,409.13 | $80,409.13 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $32,664.69 | $32,664.69 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $10,257.38 | $10,257.38 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $8,986.49 | $8,986.49 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $8,691.00 | $8,691.00 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $141,008.69 | $141,008.69 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $8,179,253 | $8,691,000 | -5.9% |
| Assessed Value | $8,179,253 | $8,691,000 | -5.9% |
| Land Value | $3,767,350 | $3,767,350 | +0.0% |
| Improvement Value | $4,411,903 | $4,923,650 | -10.4% |
| Taxable Value | $8,179,253 | $8,691,000 | -5.9% |
| Total Tax 2026 = estimate |
~$132,706
Estimated
|
~$141,009
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $8,179,253 | $8,179,253 | +0 (+0.0%) |
| Taxable Value | $8,179,253 | $8,179,253 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $8,179,253 | $3,767,350 | $4,411,903 | — | $8,179,253 | $8,179,253 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $8,691,000 | $3,767,350 | $4,923,650 | — | $8,691,000 | $8,691,000 | ~$141,009 | Partial |
| 2024 | $8,682,036 | — | — | −$4,914,686 | $3,767,350 | $— | $148,624 | Verified |
| 2023 | $8,500,000 | — | — | −$5,809,036 | $2,690,964 | $— | $127,057 | Verified |
| 2022 | $6,400,000 | — | — | −$3,709,036 | $2,690,964 | $— | $137,039 | Verified |
| 2021 | $6,288,352 | — | — | −$5,391,364 | $896,988 | $— | $111,083 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -5.9% | -5.9% | ~100% | Not available | Partial |
| 2025 | -6.2% | -6.2% | ~100% | Not available | Partial |
| 2024 | +6.7% | +6.7% | ~100% | 1.6000% | Verified |
| 2023 | +2.1% | +2.1% | ~100% | 1.4600% | Verified |
| 2022 | +32.8% | +32.8% | ~100% | 1.6100% | Verified |
| 2021 | base year | — | ~100% | 1.7700% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +35.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -5.9% | +6.2% | +9.8% | +32.8% | 2023 | -5.9% | 2026 |
| Assessment Ratio | 100.0% | 55.2% | — | 100.0% | 2025 | 14.3% | 2021 |
| Effective Tax Rate (2025) | 1.6200% | 1.6200% | — | 1.6200% | 2025 | 1.6200% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$141,009 | $132,962 | ~$170,942 | $148,624 | 2024 | $111,083 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$9,423,299 | ~$9,423,299 | ~1.5942% | ~$150,223 | +8.4% |
| 2027 | ~$10,217,301 | ~$10,217,301 | ~1.5659% | ~$159,989 | +17.6% |
| 2028 | ~$11,078,206 | ~$11,078,206 | ~1.5376% | ~$170,334 | +27.5% |
| 2029 | ~$12,011,650 | ~$12,011,650 | ~1.5093% | ~$181,287 | +38.2% |
| 2030 | ~$13,023,745 | ~$13,023,745 | ~1.4810% | ~$192,876 | +49.9% |
| 2026 | ~$9,249,479 | ~$9,249,479 | ~1.6225% | ~$150,070 | +6.4% |
| 2027 | ~$9,843,846 | ~$9,843,846 | ~1.6225% | ~$159,713 | +13.3% |
| 2028 | ~$10,476,406 | ~$10,476,406 | ~1.6225% | ~$169,976 | +20.5% |
| 2029 | ~$11,149,615 | ~$11,149,615 | ~1.6225% | ~$180,899 | +28.3% |
| 2030 | ~$11,866,083 | ~$11,866,083 | ~1.6225% | ~$192,523 | +36.5% |
| 2026 | ~$9,597,119 | ~$9,560,100 | ~1.5800% | ~$151,051 | +10.4% |
| 2027 | ~$10,597,710 | ~$10,516,110 | ~1.5376% | ~$161,691 | +21.9% |
| 2028 | ~$11,702,621 | ~$11,567,721 | ~1.4951% | ~$172,950 | +34.7% |
| 2029 | ~$12,922,731 | ~$12,724,493 | ~1.4527% | ~$184,843 | +48.7% |
| 2030 | ~$14,270,048 | ~$13,996,942 | ~1.4102% | ~$197,385 | +64.2% |
In 2025, this property's market value of $8,691,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 6× the county median of $1,417,484. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $8,691,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | $8,682,036 | $661,016 | $1,438,465 | $3,471,171 | ↑ Top 25% | +0.0% |
| 2023 | $8,500,000 | $667,828 | $1,414,358 | $3,374,900 | ↑ Top 25% | +9.7% |
| 2022 | $6,400,000 | $553,066 | $1,215,730 | $2,939,150 | ↑ Top 25% | +3.3% |
| 2021 | $6,288,352 | $517,750 | $1,142,600 | $2,780,453 | ↑ Top 25% | base yr |
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.