1107 GARNER AVE TX 78704
| Owner | CBJ EXEMPT TRUST |
|---|---|
| Parcel ID | 0102050721 |
| Short ID | 102301 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 7,560 SF |
| Land SF | 11,440 SF |
| Acres | 0.263 |
| Year Built | 1958 |
| Legal | LOT 2 BROOKS CHESTER ADDN |
| Neighborhood | 05SC |
| Land | $743,600 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $743,600 |
| Improvement | $2,167,000 |
|---|---|
| Total Improvement | $2,167,000 |
| Market | $2,910,600 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,910,600 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,910,600 |
| Taxable Value | $2,910,600 |
|---|
Appreciation: Market value has risen +24.2% from $2,343,600 (2021) to $2,910,600 (2025), a CAGR of 5.6% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has lagged the broader multi-family market over the same period.
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 $59,565. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. 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 26% of market value ($743,600 land vs $2,167,000 improvements), about $65/SF of land. Most value sits in the improvements, so building condition, age (~68 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,910,600, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family 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 +5.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $3,815,982 by 2030, with an estimated annual tax burden around $71,883. 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 |
|---|---|---|---|
| 1ST | 1st Floor | 3,780 SF | ✓ |
| 2ND | 2nd Floor | 3,780 SF | ✓ |
| 551 | PAVED AREA | 3,694 SF | ✗ |
| 011C | PORCH OPEN 1ST COMM | 86 SF | ✗ |
| 071 | OBS HEAT WALL | 35 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $26,928.87 | $26,928.87 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $15,252.04 | $15,252.04 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,939.34 | $10,939.34 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,435.18 | $3,435.18 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $3,009.56 | $3,009.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $59,564.99 | $59,564.99 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,835,000 | $2,910,600 | -2.6% |
| Assessed Value | $2,835,000 | $2,910,600 | -2.6% |
| Land Value | $743,600 | $743,600 | +0.0% |
| Improvement Value | $2,091,400 | $2,167,000 | -3.5% |
| Taxable Value | $2,835,000 | $2,910,600 | -2.6% |
| Total Tax 2026 = estimate |
~$58,018
Estimated
|
~$59,565
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,835,000 | $2,835,000 | +0 (+0.0%) |
| Taxable Value | $2,835,000 | $2,835,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,835,000 | $743,600 | $2,091,400 | — | $2,835,000 | $2,835,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,910,600 | $743,600 | $2,167,000 | — | $2,910,600 | $2,910,600 | ~$59,565 | Partial |
| 2024 | $2,608,200 | — | — | −$1,864,600 | $743,600 | $— | $56,934 | Verified |
| 2023 | $2,494,800 | — | — | −$1,751,200 | $743,600 | $— | $47,189 | Verified |
| 2022 | $2,343,600 | — | — | −$1,600,000 | $743,600 | $— | $49,270 | Verified |
| 2021 | $2,343,600 | — | — | −$1,600,000 | $743,600 | $— | $51,013 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.6% | -2.6% | ~100% | Not available | Partial |
| 2025 | +1.3% | +1.3% | ~100% | Not available | Partial |
| 2024 | +10.1% | +10.1% | ~100% | 1.9800% | Verified |
| 2023 | +4.5% | +4.5% | ~100% | 1.8100% | Verified |
| 2022 | +6.5% | +6.5% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +24.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.6% | +4.0% | +6.1% | +11.6% | 2025 | -2.6% | 2026 |
| Assessment Ratio | 100.0% | 53.6% | — | 100.0% | 2025 | 28.5% | 2024 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$59,565 | $52,794 | ~$66,807 | $59,565 | 2025 | $47,189 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$3,072,609 | ~$3,072,609 | ~2.0139% | ~$61,880 | +5.6% |
| 2027 | ~$3,243,635 | ~$3,243,635 | ~1.9814% | ~$64,269 | +11.4% |
| 2028 | ~$3,424,182 | ~$3,424,182 | ~1.9488% | ~$66,732 | +17.6% |
| 2029 | ~$3,614,777 | ~$3,614,777 | ~1.9163% | ~$69,270 | +24.2% |
| 2030 | ~$3,815,982 | ~$3,815,982 | ~1.8837% | ~$71,883 | +31.1% |
| 2026 | ~$3,014,397 | ~$3,014,397 | ~2.0465% | ~$61,689 | +3.6% |
| 2027 | ~$3,121,895 | ~$3,121,895 | ~2.0465% | ~$63,889 | +7.3% |
| 2028 | ~$3,233,227 | ~$3,233,227 | ~2.0465% | ~$66,168 | +11.1% |
| 2029 | ~$3,348,530 | ~$3,348,530 | ~2.0465% | ~$68,527 | +15.0% |
| 2030 | ~$3,467,944 | ~$3,467,944 | ~2.0465% | ~$70,971 | +19.1% |
| 2026 | ~$3,130,821 | ~$3,130,821 | ~1.9977% | ~$62,543 | +7.6% |
| 2027 | ~$3,367,704 | ~$3,367,704 | ~1.9488% | ~$65,631 | +15.7% |
| 2028 | ~$3,622,510 | ~$3,622,510 | ~1.9000% | ~$68,828 | +24.5% |
| 2029 | ~$3,896,595 | ~$3,896,595 | ~1.8512% | ~$72,134 | +33.9% |
| 2030 | ~$4,191,418 | ~$4,191,418 | ~1.8024% | ~$75,545 | +44.0% |
In 2025, this property's market value of $2,910,600 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 6× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family 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 | $2,910,600 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $2,608,200 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $2,494,800 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $2,343,600 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $2,343,600 | $300,453 | $376,850 | $539,896 | ↑ 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.