3407 BONNIE RD TX 78703
| Owner | PERLITZ GERALD MICHAEL FAMILY TRUST |
|---|---|
| Parcel ID | 0116081311 |
| Short ID | 116307 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 2,304 SF |
| Land SF | 8,353 SF |
| Acres | 0.192 |
| Year Built | 1962 |
| Legal | LOT 4B PERLITZ HOUSTON SUBD |
| Neighborhood | XSMF1 |
| Land | $909,592 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $909,592 |
| Improvement | $50,408 |
|---|---|
| Total Improvement | $50,408 |
| Market | $960,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $960,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $960,000 |
| Taxable Value | $960,000 |
|---|
Appreciation: Market value has risen +28.2% from $749,100 (2021) to $960,000 (2025), a CAGR of 6.4% over 4 years. This represents moderate, steady growth. 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 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 $19,646. 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 cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 95% of market value ($909,592 land vs $50,408 improvements), about $109/SF of land. With value concentrated in the land under a ~64-year-old structure, this reads as a land-dominated asset — the classic higher-and-best-use / redevelopment signal. Underwrite the dirt, not the building.
Submarket Position: At $960,000, 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 +6.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,308,988 by 2030, with an estimated annual tax burden around $24,658. 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 | 2,304 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,304 SF | ✗ |
| 051 | CARPORT DET 1ST | 441 SF | ✗ |
| 581 | STORAGE ATT | 126 SF | ✓ |
| 612 | TERRACE UNCOVERD | 40 SF | ✗ |
| SO | Sketch Only | 40 SF | ✗ |
| 251 | BATHROOM | 2 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% | $8,881.92 | $8,881.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $5,030.56 | $5,030.56 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $3,608.11 | $3,608.11 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,133.02 | $1,133.02 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $992.64 | $992.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $19,646.25 | $19,646.25 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $932,200 | $960,000 | -2.9% |
| Assessed Value | $932,200 | $960,000 | -2.9% |
| Land Value | $1,136,990 | $909,592 | +25.0% |
| Improvement Value | — | $50,408 | — |
| Taxable Value | $932,200 | $960,000 | -2.9% |
| Total Tax 2026 = estimate |
~$19,077
Estimated
|
~$19,646
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $960,000 | $932,200 | -27,800 (-2.9%) |
| Taxable Value | $960,000 | $932,200 | -27,800 (-2.9%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $932,200 | $1,136,990 | — | — | $932,200 | $932,200 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $960,000 | $909,592 | $50,408 | — | $960,000 | $960,000 | ~$19,646 | Partial |
| 2024 | $1,201,360 | — | — | −$335,110 | $866,250 | $— | $19,420 | Verified |
| 2023 | $1,334,750 | — | — | −$133,390 | $1,201,360 | $— | $21,736 | Verified |
| 2022 | $871,716 | — | — | — | $1,237,500 ! | $— | $26,360 | Verified |
| 2021 | $749,100 | — | — | −$144,100 | $605,000 | $— | $18,974 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | -18.4% | -18.4% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +53.1% | +53.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5300% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.9% | +7.3% | +7.0% | +53.1% | 2023 | -20.1% | 2025 |
| Assessment Ratio | 100.0% | 97.5% | — | 142.0% | 2022 | 72.1% | 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 |
$19,646 | $21,227 | ~$22,574 | $26,360 | 2022 | $18,974 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,021,419 | ~$1,021,419 | ~2.0139% | ~$20,571 | +6.4% |
| 2027 | ~$1,086,768 | ~$1,086,768 | ~1.9814% | ~$21,533 | +13.2% |
| 2028 | ~$1,156,298 | ~$1,156,298 | ~1.9488% | ~$22,534 | +20.4% |
| 2029 | ~$1,230,276 | ~$1,230,276 | ~1.9163% | ~$23,576 | +28.2% |
| 2030 | ~$1,308,988 | ~$1,308,988 | ~1.8837% | ~$24,658 | +36.4% |
| 2026 | ~$1,002,219 | ~$1,002,219 | ~2.0465% | ~$20,510 | +4.4% |
| 2027 | ~$1,046,295 | ~$1,046,295 | ~2.0465% | ~$21,412 | +9.0% |
| 2028 | ~$1,092,310 | ~$1,092,310 | ~2.0465% | ~$22,354 | +13.8% |
| 2029 | ~$1,140,348 | ~$1,140,348 | ~2.0465% | ~$23,337 | +18.8% |
| 2030 | ~$1,190,499 | ~$1,190,499 | ~2.0465% | ~$24,363 | +24.0% |
| 2026 | ~$1,040,619 | ~$1,040,619 | ~1.9977% | ~$20,788 | +8.4% |
| 2027 | ~$1,128,009 | ~$1,128,009 | ~1.9488% | ~$21,983 | +17.5% |
| 2028 | ~$1,222,738 | ~$1,222,738 | ~1.9000% | ~$23,232 | +27.4% |
| 2029 | ~$1,325,421 | ~$1,325,421 | ~1.8512% | ~$24,536 | +38.1% |
| 2030 | ~$1,436,728 | ~$1,436,728 | ~1.8024% | ~$25,895 | +49.7% |
In 2025, this property's market value of $960,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +85% above 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 | $960,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,201,360 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,334,750 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $871,716 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $749,100 | $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.