MENCHACA RD 78748
| Owner | 10400 METROPOLITAN LTD |
|---|---|
| Parcel ID | 0440230623 |
| Short ID | 980437 |
| Type | Real |
| Use Code | 30 Strip Center (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 28,750 SF |
| Land SF | 414,168 SF |
| Acres | 9.508 |
| Year Built | 2001 |
| Legal | 12110 MENCHACA RD SUBD BLK A LOT 1 |
| Neighborhood | SOU |
| Land | $6,212,527 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $6,212,527 |
| Improvement | $187,473 |
|---|---|
| Total Improvement | $187,473 |
| Market | $6,400,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $6,400,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $6,400,000 |
| Taxable Value | $6,400,000 |
|---|
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 $103,838. 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 97% of market value ($6,212,527 land vs $187,473 improvements), about $15/SF of land. With value concentrated in the land, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $6,400,000, 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.
No delinquent taxes on record.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 58,272 SF | ✗ |
| 1ST | 1st Floor | 28,750 SF | ✓ |
| 881 | COMMCL FINISHOUT | 7,308 SF | ✓ |
| 591 | MASONRY TRIM SF | 4,550 SF | ✗ |
| 611 | TERRACE | 2,358 SF | ✗ |
| 093 | HVAC COMMRCL SF | 2,332 SF | ✗ |
| 501 | CANOPY | 1,929 SF | ✗ |
| 327 | STORAGE COMM'L | 528 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% | $59,212.80 | $59,212.80 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $24,054.08 | $24,054.08 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $7,553.47 | $7,553.47 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $6,617.60 | $6,617.60 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $6,400.00 | $6,400.00 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $103,837.95 | $103,837.95 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $6,400,000 | $6,400,000 | +0.0% |
| Assessed Value | $6,400,000 | $6,400,000 | +0.0% |
| Land Value | $6,212,527 | $6,212,527 | +0.0% |
| Improvement Value | $187,473 | $187,473 | +0.0% |
| Taxable Value | $6,400,000 | $6,400,000 | +0.0% |
| Total Tax 2026 = estimate |
~$103,838
Estimated
|
~$103,838
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $6,595,753 | $6,400,000 | -195,753 (-3.0%) |
| Taxable Value | $6,595,753 | $6,400,000 | -195,753 (-3.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $6,400,000 | $6,212,527 | $187,473 | — | $6,400,000 | $6,400,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $6,400,000 | $6,212,527 | $187,473 | — | $6,400,000 | $6,400,000 | ~$103,838 | Partial |
| 2024 | $— | — | — | — | $6,212,527 | $— | $102,670 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.1% | +3.1% | ~100% | Not available | Partial |
| 2025 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2024 | base year | — | ~100% | 1.6000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +0.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +0.0% | — | +0.0% | 2026 | +0.0% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
| 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 |
$103,838 | $103,838 | — | $103,838 | 2025 | $103,838 | 2025 |
In 2025, this property's market value of $6,400,000 places it in the top 25% for Commercial properties in Travis County (13608 comparable) — 5× 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 | $6,400,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Top 25% | -0.8% |
| 2024 | — | $661,016 | $1,438,465 | $3,471,171 | — | +0.0% |
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.