1322 SOUTHPORT DR TX 78704
| Owner | TANBARA PROPERTIES LLC |
|---|---|
| Parcel ID | 0405080342 |
| Short ID | 307757 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,968 SF |
| Land SF | 8,365 SF |
| Acres | 0.192 |
| Year Built | 1981 |
| Legal | LOT 1 BLK B SOUTHRIDGE SEC 6 |
| Neighborhood | K3006 |
| Land | $397,169 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $397,169 |
| Improvement | $293,977 |
|---|---|
| Total Improvement | $293,977 |
| Market | $691,146 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $691,146 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $691,146 |
| Taxable Value | $691,146 |
|---|
Appreciation: Market value has risen +16.6% from $592,792 (2021) to $691,146 (2025), a CAGR of 3.9% over 4 years. Growth has been relatively flat for this asset class. 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 $14,144. 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 57% of market value ($397,169 land vs $293,977 improvements), about $47/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $691,146, 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 +3.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $837,344 by 2030, with an estimated annual tax burden around $15,773. 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.
10 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,968 SF | ✗ |
| 551 | PAVED AREA | 2,200 SF | ✗ |
| 1ST | 1st Floor | 2,112 SF | ✓ |
| 2ND | 2nd Floor | 1,856 SF | ✓ |
| SO | Sketch Only | 320 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 304 SF | ✗ |
| 612 | TERRACE UNCOVERD | 272 SF | ✗ |
| 581 | STORAGE ATT | 48 SF | ✓ |
| 251 | BATHROOM | 6 SF | ✓ |
| 522 | FIREPLACE | 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% | $6,394.48 | $6,394.48 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,621.72 | $3,621.72 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,597.64 | $2,597.64 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $815.71 | $815.71 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $714.64 | $714.64 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,144.19 | $14,144.19 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $725,584 | $691,146 | +5.0% |
| Assessed Value | $725,584 | $691,146 | +5.0% |
| Land Value | $397,169 | $397,169 | +0.0% |
| Improvement Value | $328,415 | $293,977 | +11.7% |
| Taxable Value | $725,584 | $691,146 | +5.0% |
| Total Tax 2026 = estimate |
~$14,849
Estimated
|
~$14,144
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $832,092 | $725,584 | -106,508 (-12.8%) |
| Taxable Value | $829,375 | $725,584 | -103,791 (-12.5%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $725,584 | $397,169 | $328,415 | — | $725,584 | $725,584 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $691,146 | $397,169 | $293,977 | — | $691,146 | $691,146 | ~$14,144 | Partial |
| 2024 | $853,598 | — | — | −$328,598 | $525,000 | $— | $16,016 | Verified |
| 2023 | $869,809 | — | — | −$344,809 | $525,000 | $— | $15,444 | Verified |
| 2022 | $631,119 | — | — | −$106,119 | $525,000 | $— | $17,178 | Verified |
| 2021 | $592,792 | — | — | −$277,792 | $315,000 | $— | $13,737 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +20.4% | +20.0% | ~100% | Not available | Partial |
| 2025 | -14.5% | -14.5% | ~100% | Not available | Partial |
| 2024 | -7.1% | -7.1% | ~100% | 1.9800% | Verified |
| 2023 | -8.8% | -8.8% | ~100% | 1.7800% | Verified |
| 2022 | +51.0% | +51.0% | ~100% | 1.8000% | Verified |
| 2021 | base year | — | ~100% | 2.3200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +9.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +5.0% | +5.7% | +2.9% | +37.8% | 2023 | -19.0% | 2025 |
| Assessment Ratio | 100.0% | 76.4% | — | 100.0% | 2025 | 53.1% | 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 |
$14,144 | $15,304 | ~$15,116 | $17,178 | 2022 | $13,737 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$718,186 | ~$718,186 | ~2.0139% | ~$14,464 | +3.9% |
| 2027 | ~$746,283 | ~$746,283 | ~1.9814% | ~$14,787 | +8.0% |
| 2028 | ~$775,480 | ~$775,480 | ~1.9488% | ~$15,113 | +12.2% |
| 2029 | ~$805,819 | ~$805,819 | ~1.9163% | ~$15,442 | +16.6% |
| 2030 | ~$837,344 | ~$837,344 | ~1.8837% | ~$15,773 | +21.2% |
| 2026 | ~$704,363 | ~$704,363 | ~2.0465% | ~$14,415 | +1.9% |
| 2027 | ~$717,832 | ~$717,832 | ~2.0465% | ~$14,690 | +3.9% |
| 2028 | ~$731,559 | ~$731,559 | ~2.0465% | ~$14,971 | +5.8% |
| 2029 | ~$745,548 | ~$745,548 | ~2.0465% | ~$15,258 | +7.9% |
| 2030 | ~$759,805 | ~$759,805 | ~2.0465% | ~$15,549 | +9.9% |
| 2026 | ~$732,008 | ~$732,008 | ~1.9977% | ~$14,623 | +5.9% |
| 2027 | ~$775,287 | ~$775,287 | ~1.9488% | ~$15,109 | +12.2% |
| 2028 | ~$821,124 | ~$821,124 | ~1.9000% | ~$15,601 | +18.8% |
| 2029 | ~$869,671 | ~$869,671 | ~1.8512% | ~$16,099 | +25.8% |
| 2030 | ~$921,088 | ~$921,088 | ~1.8024% | ~$16,601 | +33.3% |
In 2025, this property's market value of $691,146 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +33% 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 | $691,146 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $853,598 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $869,809 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $631,119 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $592,792 | $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.