1309 SOUTHPORT DR TX 78704
| Owner | PETREE ELIZABETH & LARRY |
|---|---|
| Parcel ID | 0407071158 |
| Short ID | 310144 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,870 SF |
| Land SF | 8,007 SF |
| Acres | 0.184 |
| Year Built | 1981 |
| Legal | LOT 8 BLK A SOUTHRIDGE SEC 6 |
| Neighborhood | K3006 |
| Land | $393,816 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $393,816 |
| Improvement | $263,578 |
|---|---|
| Total Improvement | $263,578 |
| Market | $657,394 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $657,394 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $657,394 |
| Taxable Value | $657,394 |
|---|
Appreciation: Market value has risen +4.1% from $631,727 (2021) to $657,394 (2025), a CAGR of 1.0% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2021→2022), 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 +19.0%, 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 $13,453. 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 60% of market value ($393,816 land vs $263,578 improvements), about $49/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $657,394, this parcel sits in the upper-middle (50th–75th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). 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 +6.3% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $1,164,828 by 2031, with an estimated annual tax burden around $21,942. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,870 SF | ✗ |
| 551 | PAVED AREA | 2,100 SF | ✗ |
| 1ST | 1st Floor | 1,935 SF | ✓ |
| 2ND | 2nd Floor | 1,935 SF | ✓ |
| 612 | TERRACE UNCOVERD | 256 SF | ✗ |
| 252 | BEDROOMS | 8 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
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.
| 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% | $6,082.21 | $6,082.21 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,444.86 | $3,444.86 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,470.78 | $2,470.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $775.88 | $775.88 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $679.75 | $679.75 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,453.48 | $13,453.48 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| IAU Austin ISD | 0.9252% | $6,082.21 | 45.2% |
| CAT City of Austin | 0.5240% | $3,444.86 | 25.6% |
| TCO Travis County | 0.3758% | $2,470.78 | 18.4% |
| THD Travis Central Health | 0.1180% | $775.88 | 5.8% |
| ACT Austin Community College | 0.1034% | $679.75 | 5.1% |
| Total | 2.0465% | $13,453.48 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $857,819 | $657,394 | +30.5% |
| Assessed Value | $788,873 | $657,394 | +20.0% |
| Land Value | $393,816 | $393,816 | +0.0% |
| Improvement Value | $464,003 | $263,578 | +76.0% |
| Taxable Value | $788,873 | $657,394 | +20.0% |
| HS Cap Loss | -$68,946 | — | |
| Total Tax 2026 = estimate |
~$16,144
Estimated
|
~$13,453
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $857,819 | $393,816 | $464,003 | −$68,946 | $788,873 | $788,873 | Not yet — post-cert | Preliminary |
| 2025 | $657,394 | $393,816 | $263,578 | — | $657,394 | $657,394 | ~$13,453 | Partial |
| 2024 | $786,866 | $525,000 | $261,866 | — | $786,866 | $786,866 | $15,594 | Verified |
| 2023 | $996,116 | $525,000 | $471,116 | — | $996,116 | $996,116 | $18,022 | Verified |
| 2022 | $960,313 | $525,000 | $435,313 | — | $960,313 | $960,313 | $18,965 | Verified |
| 2021 | $631,727 | $315,000 | $316,727 | — | $631,727 | $631,727 | $13,751 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.5% | +20.0% | 92.0% | Not available | Partial |
| 2025 | -16.5% | -16.5% | ~100% | Not available | Partial |
| 2024 | -21.0% | -21.0% | ~100% | No billing data | Verified |
| 2023 | +3.7% | +3.7% | ~100% | No billing data | Verified |
| 2022 | +52.0% | +52.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +4.1% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +30.5% | +9.7% | +6.3% | +52.0% | 2022 | -21.0% | 2024 |
| Assessment Ratio | 92.0% | 98.7% | — | 100.0% | 2021 | 92.0% | 2026 |
| 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 |
$13,453 | $15,957 | ~$19,883 | $18,965 | 2022 | $13,453 | 2025 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$911,946 | ~$867,760 | ~2.0139% | ~$17,476 | +6.3% |
| 2028 | ~$969,487 | ~$954,536 | ~1.9814% | ~$18,913 | +13.0% |
| 2029 | ~$1,030,660 | ~$1,030,660 | ~1.9488% | ~$20,086 | +20.1% |
| 2030 | ~$1,095,692 | ~$1,095,692 | ~1.9163% | ~$20,997 | +27.7% |
| 2031 | ~$1,164,828 | ~$1,164,828 | ~1.8837% | ~$21,942 | +35.8% |
| 2027 | ~$894,789 | ~$867,760 | ~2.0465% | ~$17,759 | +4.3% |
| 2028 | ~$933,353 | ~$933,353 | ~2.0465% | ~$19,101 | +8.8% |
| 2029 | ~$973,578 | ~$973,578 | ~2.0465% | ~$19,924 | +13.5% |
| 2030 | ~$1,015,537 | ~$1,015,537 | ~2.0465% | ~$20,783 | +18.4% |
| 2031 | ~$1,059,305 | ~$1,059,305 | ~2.0465% | ~$21,679 | +23.5% |
| 2027 | ~$929,102 | ~$867,760 | ~1.9977% | ~$17,335 | +8.3% |
| 2028 | ~$1,006,308 | ~$954,536 | ~1.9488% | ~$18,602 | +17.3% |
| 2029 | ~$1,089,930 | ~$1,049,990 | ~1.9000% | ~$19,950 | +27.1% |
| 2030 | ~$1,180,501 | ~$1,154,989 | ~1.8512% | ~$21,381 | +37.6% |
| 2031 | ~$1,278,598 | ~$1,270,488 | ~1.8024% | ~$22,899 | +49.1% |
In 2025, this property's market value of $657,394 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12570 comparable) — +27% above the county median of $519,086. 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 | $657,394 | $438,150 | $519,086 | $747,031 | ↑ Above median | -7.5% |
| 2024 | $786,866 | $467,312 | $564,206 | $847,583 | ↑ Above median | -6.3% |
| 2023 | $996,116 | $503,694 | $616,727 | $918,308 | ↑ Top 25% | +0.9% |
| 2022 | $960,313 | $506,269 | $614,560 | $904,074 | ↑ Top 25% | +39.0% |
| 2021 | $631,727 | $353,349 | $436,046 | $657,886 | ↑ Above median | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |