3824 SOUTHWAY DR TX 78704
| Owner | DOMATS 4 LLC |
|---|---|
| Parcel ID | 0407070102 |
| Short ID | 310036 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 4,030 SF |
| Land SF | 8,624 SF |
| Acres | 0.198 |
| Year Built | 1971 |
| Legal | LOT 1 BLK C SOUTHRIDGE SEC 2 |
| Neighborhood | K3006 |
| Land | $359,636 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $359,636 |
| Improvement | $376,794 |
|---|---|
| Total Improvement | $376,794 |
| Market | $736,430 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $736,430 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $736,430 |
| Taxable Value | $736,430 |
|---|
Appreciation: Market value has risen +13.5% from $649,117 (2021) to $736,430 (2025), a CAGR of 3.2% 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 $15,071. 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 49% of market value ($359,636 land vs $376,794 improvements), about $42/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $736,430, 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 +3.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $862,268 by 2030, with an estimated annual tax burden around $16,243. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,015 SF | ✓ |
| 2ND | 2nd Floor | 2,015 SF | ✓ |
| 551 | PAVED AREA | 1,056 SF | ✗ |
| 611 | TERRACE | 400 SF | ✗ |
| 252 | BEDROOMS | 8 SF | ✓ |
| 251 | BATHROOM | 6 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% | $6,761.92 | $6,761.92 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,829.83 | $3,829.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,746.90 | $2,746.90 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $862.58 | $862.58 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $755.71 | $755.71 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,956.94 | $14,956.94 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $824,447 | $736,430 | +12.0% |
| Assessed Value | $824,447 | $736,430 | +12.0% |
| Land Value | $359,636 | $359,636 | +0.0% |
| Improvement Value | $464,811 | $376,794 | +23.4% |
| Taxable Value | $824,447 | $736,430 | +12.0% |
| Total Tax 2026 = estimate |
~$16,872
Estimated
|
~$14,957
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $824,447 | $824,447 | +0 (+0.0%) |
| Taxable Value | $824,447 | $824,447 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $824,447 | $359,636 | $464,811 | — | $824,447 | $824,447 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $736,430 | $359,636 | $376,794 | — | $736,430 | $736,430 | ~$14,957 | Partial |
| 2024 | $942,853 | — | — | −$470,353 | $472,500 | $— | $16,294 | Verified |
| 2023 | $906,429 | — | — | −$433,929 | $472,500 | $— | $17,059 | Verified |
| 2022 | $600,324 | — | — | −$127,824 | $472,500 | $— | $17,901 | Verified |
| 2021 | $649,117 | — | — | −$365,617 | $283,500 | $— | $13,067 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +12.0% | +12.0% | ~100% | Not available | Partial |
| 2025 | -11.9% | -11.9% | ~100% | Not available | Partial |
| 2024 | -11.3% | -11.3% | ~100% | 1.9500% | Verified |
| 2023 | +4.0% | +4.0% | ~100% | 1.8100% | Verified |
| 2022 | +51.0% | +51.0% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +22.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +12.0% | +7.5% | +1.0% | +51.0% | 2023 | -21.9% | 2025 |
| Assessment Ratio | 100.0% | 70.8% | — | 100.0% | 2025 | 43.7% | 2021 |
| Effective Tax Rate (2025) | 2.0300% | 2.0300% | — | 2.0300% | 2025 | 2.0300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$14,957 | $15,856 | ~$15,776 | $17,901 | 2022 | $13,067 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$760,035 | ~$760,035 | ~2.0139% | ~$15,307 | +3.2% |
| 2027 | ~$784,397 | ~$784,397 | ~1.9814% | ~$15,542 | +6.5% |
| 2028 | ~$809,539 | ~$809,539 | ~1.9488% | ~$15,777 | +9.9% |
| 2029 | ~$835,488 | ~$835,488 | ~1.9163% | ~$16,010 | +13.5% |
| 2030 | ~$862,268 | ~$862,268 | ~1.8837% | ~$16,243 | +17.1% |
| 2026 | ~$745,306 | ~$745,306 | ~2.0465% | ~$15,253 | +1.2% |
| 2027 | ~$754,290 | ~$754,290 | ~2.0465% | ~$15,436 | +2.4% |
| 2028 | ~$763,381 | ~$763,381 | ~2.0465% | ~$15,622 | +3.7% |
| 2029 | ~$772,583 | ~$772,583 | ~2.0465% | ~$15,811 | +4.9% |
| 2030 | ~$781,895 | ~$781,895 | ~2.0465% | ~$16,001 | +6.2% |
| 2026 | ~$774,764 | ~$774,764 | ~1.9977% | ~$15,477 | +5.2% |
| 2027 | ~$815,093 | ~$815,093 | ~1.9488% | ~$15,885 | +10.7% |
| 2028 | ~$857,521 | ~$857,521 | ~1.9000% | ~$16,293 | +16.4% |
| 2029 | ~$902,158 | ~$902,158 | ~1.8512% | ~$16,701 | +22.5% |
| 2030 | ~$949,118 | ~$949,118 | ~1.8024% | ~$17,107 | +28.9% |
In 2025, this property's market value of $736,430 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +42% 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 | $736,430 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $942,853 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $906,429 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $600,324 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $649,117 | $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.