1007 BONHAM TER TX 78704
| Owner | BOE JEFFREY A |
|---|---|
| Parcel ID | 0302030508 |
| Short ID | 283541 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,272 SF |
| Land SF | 6,709 SF |
| Acres | 0.154 |
| Year Built | 1960 |
| Legal | LOT 22 BLK 31 TRAVIS HEIGHTS |
| Neighborhood | K4005 |
| Land | $605,318 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $605,318 |
| Improvement | $19,134 |
|---|---|
| Total Improvement | $19,134 |
| Market | $624,452 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $624,452 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $624,452 |
| Taxable Value | $624,452 |
|---|
Appreciation: Market value has fallen -0.2% from $625,755 (2021) to $624,452 (2025), a CAGR of -0.1% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2024→2025), 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 $12,779. 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 97% of market value ($605,318 land vs $19,134 improvements), about $90/SF of land. With value concentrated in the land under a ~66-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 $624,452, this parcel sits in the upper-middle (50th–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 -0.1% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $622,827 by 2030, with an estimated annual tax burden around $11,732. 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.
5 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,596 SF | ✓ |
| RSBLW | Residence Below | 676 SF | ✓ |
| 581 | STORAGE ATT | 136 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 108 SF | ✗ |
| 251 | BATHROOM | 3 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% | $5,777.43 | $5,777.43 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,272.23 | $3,272.23 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,346.97 | $2,346.97 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $737.00 | $737.00 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $645.68 | $645.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $12,779.31 | $12,779.31 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $609,271 | $624,452 | -2.4% |
| Assessed Value | $609,271 | $624,452 | -2.4% |
| Land Value | $605,318 | $605,318 | +0.0% |
| Improvement Value | $3,953 | $19,134 | -79.3% |
| Taxable Value | $609,271 | $624,452 | -2.4% |
| Total Tax 2026 = estimate |
~$12,469
Estimated
|
~$12,779
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $747,275 | $609,271 | -138,004 (-18.5%) |
| Taxable Value | $747,275 | $609,271 | -138,004 (-18.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $609,271 | $605,318 | $3,953 | — | $609,271 | $609,271 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $624,452 | $605,318 | $19,134 | — | $624,452 | $624,452 | ~$12,779 | Partial |
| 2024 | $1,034,200 | — | — | −$234,200 | $800,000 | $— | $20,027 | Verified |
| 2023 | $1,057,905 | — | — | −$257,905 | $800,000 | $— | $18,711 | Verified |
| 2022 | $743,700 | — | — | — | $800,000 ! | $— | $20,893 | Verified |
| 2021 | $625,755 | — | — | −$175,755 | $450,000 | $— | $16,188 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.7% | +19.7% | ~100% | Not available | Partial |
| 2025 | -38.2% | -38.2% | ~100% | Not available | Partial |
| 2024 | -2.3% | -2.3% | ~100% | 1.9800% | Verified |
| 2023 | -2.2% | -2.2% | ~100% | 1.8100% | Verified |
| 2022 | +42.2% | +42.2% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.5900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -16.0% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.4% | +3.4% | +0.4% | +42.2% | 2023 | -39.6% | 2025 |
| Assessment Ratio | 100.0% | 88.8% | — | 107.6% | 2022 | 71.9% | 2021 |
| 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 |
$12,779 | $17,720 | ~$12,151 | $20,893 | 2022 | $12,779 | 2025 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$624,127 | ~$624,127 | ~2.0139% | ~$12,570 | -0.1% |
| 2027 | ~$623,802 | ~$623,802 | ~1.9814% | ~$12,360 | -0.1% |
| 2028 | ~$623,477 | ~$623,477 | ~1.9488% | ~$12,151 | -0.2% |
| 2029 | ~$623,152 | ~$623,152 | ~1.9163% | ~$11,941 | -0.2% |
| 2030 | ~$622,827 | ~$622,827 | ~1.8837% | ~$11,732 | -0.3% |
| 2026 | ~$611,638 | ~$611,638 | ~2.0465% | ~$12,517 | -2.1% |
| 2027 | ~$599,086 | ~$599,086 | ~2.0465% | ~$12,260 | -4.1% |
| 2028 | ~$586,792 | ~$586,792 | ~2.0465% | ~$12,009 | -6.0% |
| 2029 | ~$574,751 | ~$574,751 | ~2.0465% | ~$11,762 | -8.0% |
| 2030 | ~$562,956 | ~$562,956 | ~2.0465% | ~$11,521 | -9.8% |
| 2026 | ~$636,616 | ~$636,616 | ~1.9977% | ~$12,717 | +1.9% |
| 2027 | ~$649,016 | ~$649,016 | ~1.9488% | ~$12,648 | +3.9% |
| 2028 | ~$661,659 | ~$661,659 | ~1.9000% | ~$12,572 | +6.0% |
| 2029 | ~$674,547 | ~$674,547 | ~1.8512% | ~$12,487 | +8.0% |
| 2030 | ~$687,687 | ~$687,687 | ~1.8024% | ~$12,395 | +10.1% |
In 2025, this property's market value of $624,452 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +20% 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 | $624,452 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $1,034,200 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,057,905 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $743,700 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $625,755 | $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.