3805 SOUTHRIDGE DR TX 78704
| Owner | 2814 SIMONDALE LLC |
|---|---|
| Parcel ID | 0407070114 |
| Short ID | 310048 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,901 SF |
| Land SF | 9,365 SF |
| Acres | 0.215 |
| Year Built | 1971 |
| Legal | LOT 13 BLK C SOUTHRIDGE SEC 2 |
| Neighborhood | K3006 |
| Land | $406,546 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $406,546 |
| Improvement | $364,904 |
|---|---|
| Total Improvement | $364,904 |
| Market | $771,450 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $771,450 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $771,450 |
| Taxable Value | $771,450 |
|---|
Appreciation: Market value has risen +8.0% from $714,100 (2021) to $771,450 (2025), a CAGR of 1.9% 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 $15,788. 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 53% of market value ($406,546 land vs $364,904 improvements), about $43/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $771,450, 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 +1.9% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $849,657 by 2030, with an estimated annual tax burden around $16,005. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,901 SF | ✗ |
| 1ST | 1st Floor | 2,407 SF | ✓ |
| 2ND | 2nd Floor | 1,494 SF | ✓ |
| 612 | TERRACE UNCOVERD | 448 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 303 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% | $7,137.46 | $7,137.46 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $4,042.53 | $4,042.53 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,899.46 | $2,899.46 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $910.49 | $910.49 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $797.68 | $797.68 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $15,787.62 | $15,787.62 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $855,045 | $771,450 | +10.8% |
| Assessed Value | $855,045 | $771,450 | +10.8% |
| Land Value | $406,546 | $406,546 | +0.0% |
| Improvement Value | $448,499 | $364,904 | +22.9% |
| Taxable Value | $855,045 | $771,450 | +10.8% |
| Total Tax 2026 = estimate |
~$17,498
Estimated
|
~$15,788
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,005,107 | $855,045 | -150,062 (-14.9%) |
| Taxable Value | $925,740 | $855,045 | -70,695 (-7.6%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $855,045 | $406,546 | $448,499 | — | $855,045 | $855,045 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $771,450 | $406,546 | $364,904 | — | $771,450 | $771,450 | ~$15,788 | Partial |
| 2024 | $901,245 | — | — | −$376,245 | $525,000 | $— | $17,378 | Verified |
| 2023 | $1,001,371 | — | — | −$476,371 | $525,000 | $— | $16,306 | Verified |
| 2022 | $717,400 | — | — | −$192,400 | $525,000 | $— | $19,776 | Verified |
| 2021 | $714,100 | — | — | −$399,100 | $315,000 | $— | $15,616 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +30.3% | +20.0% | 92.1% | Not available | Partial |
| 2025 | -12.0% | -12.0% | ~100% | Not available | Partial |
| 2024 | -2.7% | -2.7% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +39.6% | +39.6% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +10.8% | +5.3% | +-0.0% | +39.6% | 2023 | -14.4% | 2025 |
| Assessment Ratio | 100.0% | 71.3% | — | 100.0% | 2025 | 44.1% | 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 |
$15,788 | $16,973 | ~$15,926 | $19,776 | 2022 | $15,616 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$786,493 | ~$786,493 | ~2.0139% | ~$15,839 | +1.9% |
| 2027 | ~$801,830 | ~$801,830 | ~1.9814% | ~$15,887 | +3.9% |
| 2028 | ~$817,465 | ~$817,465 | ~1.9488% | ~$15,931 | +6.0% |
| 2029 | ~$833,406 | ~$833,406 | ~1.9163% | ~$15,970 | +8.0% |
| 2030 | ~$849,657 | ~$849,657 | ~1.8837% | ~$16,005 | +10.1% |
| 2026 | ~$771,064 | ~$771,064 | ~2.0465% | ~$15,780 | -0.1% |
| 2027 | ~$770,679 | ~$770,679 | ~2.0465% | ~$15,772 | -0.1% |
| 2028 | ~$770,293 | ~$770,293 | ~2.0465% | ~$15,764 | -0.1% |
| 2029 | ~$769,908 | ~$769,908 | ~2.0465% | ~$15,756 | -0.2% |
| 2030 | ~$769,523 | ~$769,523 | ~2.0465% | ~$15,748 | -0.2% |
| 2026 | ~$801,922 | ~$801,922 | ~1.9977% | ~$16,020 | +3.9% |
| 2027 | ~$833,598 | ~$833,598 | ~1.9488% | ~$16,245 | +8.1% |
| 2028 | ~$866,525 | ~$866,525 | ~1.9000% | ~$16,464 | +12.3% |
| 2029 | ~$900,753 | ~$900,753 | ~1.8512% | ~$16,675 | +16.8% |
| 2030 | ~$936,332 | ~$936,332 | ~1.8024% | ~$16,876 | +21.4% |
In 2025, this property's market value of $771,450 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +48% 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 | $771,450 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $901,245 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,001,371 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $717,400 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $714,100 | $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.