12000 MENCHACA RD 78748
| Owner | RANGEL CONCRETE |
|---|---|
| Parcel ID | 0440230904 |
| Short ID | 960029 |
| Type | Real |
| Use Code | 53 Office Small (<10,000 SF) |
| Valuation | Income |
| Improvement SF | 5,041 SF |
| Land SF | 72,340 SF |
| Acres | 1.661 |
| Year Built | 2022 |
| Legal | MANCHACA BUSINESS PARK CONDOMINIUMS UNT 3 PLUS 33.33 % INT IN COM AREA |
| Neighborhood | SO3 |
| Land | $723,401 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $723,401 |
| Improvement | $2,321,599 |
|---|---|
| Total Improvement | $2,321,599 |
| Market | $3,045,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $3,045,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $3,045,000 |
| Taxable Value | $3,045,000 |
|---|
Appreciation: Market value has risen +113.8% from $1,424,281 (2023) to $3,045,000 (2025), a CAGR of 46.2% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2023→2024), 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 +0.2%, 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 $49,404. 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 24% of market value ($723,401 land vs $2,321,599 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Submarket Position: At $3,045,000, this parcel sits in the upper-middle (50th–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 +46.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $20,350,090 by 2030, with an estimated annual tax burden around $72,626. 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.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 31,000 SF | ✗ |
| 1ST | 1st Floor | 3,858 SF | ✓ |
| 2ND | 2nd Floor | 1,183 SF | ✓ |
Market value changed by 113% in 2023, 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% | $28,172.34 | $28,172.34 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $11,444.48 | $11,444.48 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,593.80 | $3,593.80 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,148.53 | $3,148.53 | Paid |
| E05 Travis County ESD # 05 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $3,045.00 | $3,045.00 | Paid |
| Combined Rate | 1.7357% | 1.6122% | 1.4634% | 1.6042% | 1.6225% | +0.0183% | $49,404.15 | $49,404.15 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,048,172 | $3,045,000 | -32.7% |
| Assessed Value | $2,048,172 | $3,045,000 | -32.7% |
| Land Value | $723,401 | $723,401 | +0.0% |
| Improvement Value | $1,324,771 | $2,321,599 | -42.9% |
| Taxable Value | $2,048,172 | $3,045,000 | -32.7% |
| Total Tax 2026 = estimate |
~$33,231
Estimated
|
~$49,404
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,250,739 | $2,048,172 | -202,567 (-9.0%) |
| Taxable Value | $2,250,739 | $2,048,172 | -202,567 (-9.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,048,172 | $723,401 | $1,324,771 | — | $2,048,172 | $2,048,172 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $3,045,000 | $723,401 | $2,321,599 | — | $3,045,000 | $3,045,000 | ~$49,404 | Partial |
| 2024 | $2,848,586 | — | — | −$2,125,185 | $723,401 | $— | $48,831 | Verified |
| 2023 | $1,424,281 | — | — | −$700,880 | $723,401 | $— | $41,688 | Verified |
| 2022 | $— | — | — | — | $723,401 | $— | $22,963 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -26.1% | -26.1% | ~100% | Not available | Partial |
| 2025 | -33.5% | -10.9% | ~100% | Not available | Partial |
| 2024 | +51.2% | +12.8% | 74.6% | 1.0700% | Verified |
| 2023 | +112.8% ! | +112.8% | ~100% | 1.3800% | Verified |
| 2022 | base year | — | ~100% | 1.6100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +113.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -32.7% | +24.7% | +60.4% | +100.0% | 2024 | -32.7% | 2026 |
| Assessment Ratio | 100.0% | 69.0% | — | 100.0% | 2025 | 25.4% | 2024 |
| 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 |
$49,404 | $46,641 | ~$62,663 | $49,404 | 2025 | $41,688 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,452,287 | ~$3,349,500 | ~1.5942% | ~$53,397 | +46.2% |
| 2027 | ~$6,509,969 | ~$3,684,450 | ~1.5659% | ~$57,693 | +113.8% |
| 2028 | ~$9,518,636 | ~$4,052,895 | ~1.5376% | ~$62,316 | +212.6% |
| 2029 | ~$13,917,798 | ~$4,458,185 | ~1.5093% | ~$67,285 | +357.1% |
| 2030 | ~$20,350,090 | ~$4,904,003 | ~1.4810% | ~$72,626 | +568.3% |
| 2026 | ~$4,391,387 | ~$3,349,500 | ~1.6225% | ~$54,345 | +44.2% |
| 2027 | ~$6,333,095 | ~$3,684,450 | ~1.6225% | ~$59,779 | +108.0% |
| 2028 | ~$9,133,356 | ~$4,052,895 | ~1.6225% | ~$65,757 | +199.9% |
| 2029 | ~$13,171,789 | ~$4,458,185 | ~1.6225% | ~$72,333 | +332.6% |
| 2030 | ~$18,995,868 | ~$4,904,003 | ~1.6225% | ~$79,566 | +523.8% |
| 2026 | ~$4,513,187 | ~$3,349,500 | ~1.5800% | ~$52,923 | +48.2% |
| 2027 | ~$6,689,278 | ~$3,684,450 | ~1.5376% | ~$56,651 | +119.7% |
| 2028 | ~$9,914,601 | ~$4,052,895 | ~1.4951% | ~$60,595 | +225.6% |
| 2029 | ~$14,695,056 | ~$4,458,185 | ~1.4527% | ~$64,762 | +382.6% |
| 2030 | ~$21,780,469 | ~$4,904,003 | ~1.4102% | ~$69,156 | +615.3% |
In 2025, this property's market value of $3,045,000 places it in the 50th–75th percentile for Commercial properties in Travis County (13608 comparable) — +115% above 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 | $3,045,000 | $649,268 | $1,417,484 | $3,347,260 | ↑ Above median | -0.8% |
| 2024 | $2,848,586 | $661,016 | $1,438,465 | $3,471,171 | ↑ Above median | +0.0% |
| 2023 | $1,424,281 | $667,828 | $1,414,358 | $3,374,900 | ↑ Above median | +9.7% |
| 2022 | — | $553,066 | $1,215,730 | $2,939,150 | — | +3.3% |
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.