1217 SOUTHPORT DR TX 78704
| Owner | TONG HY AN |
|---|---|
| Parcel ID | 0407070117 |
| Short ID | 310051 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,928 SF |
| Land SF | 7,872 SF |
| Acres | 0.181 |
| Year Built | 1981 |
| Legal | LOT 21 BLK B SOUTHRIDGE SEC 6 |
| Neighborhood | K3006 |
| Land | $392,687 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $392,687 |
| Improvement | $289,208 |
|---|---|
| Total Improvement | $289,208 |
| Market | $681,895 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $681,895 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $681,895 |
| Taxable Value | $681,895 |
|---|
Appreciation: Market value has risen +2.1% from $667,663 (2021) to $681,895 (2025), a CAGR of 0.5% 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 $13,955. 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 58% of market value ($392,687 land vs $289,208 improvements), about $50/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $681,895, 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 +0.5% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $700,112 by 2030, with an estimated annual tax burden around $13,188. 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 | 3,928 SF | ✗ |
| 1ST | 1st Floor | 2,072 SF | ✓ |
| 2ND | 2nd Floor | 1,856 SF | ✓ |
| 551 | PAVED AREA | 1,800 SF | ✗ |
| 612 | TERRACE UNCOVERD | 322 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 80 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% | $6,308.89 | $6,308.89 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,573.25 | $3,573.25 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,562.87 | $2,562.87 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $804.79 | $804.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $705.08 | $705.08 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,954.88 | $13,954.88 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $782,249 | $681,895 | +14.7% |
| Assessed Value | $782,249 | $681,895 | +14.7% |
| Land Value | $392,687 | $392,687 | +0.0% |
| Improvement Value | $389,562 | $289,208 | +34.7% |
| Taxable Value | $782,249 | $681,895 | +14.7% |
| Total Tax 2026 = estimate |
~$16,009
Estimated
|
~$13,955
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $782,249 | $782,249 | +0 (+0.0%) |
| Taxable Value | $782,249 | $782,249 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $782,249 | $392,687 | $389,562 | — | $782,249 | $782,249 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $681,895 | $392,687 | $289,208 | — | $681,895 | $681,895 | ~$13,955 | Partial |
| 2024 | $880,762 | — | — | −$380,762 | $500,000 | $— | $16,379 | Verified |
| 2023 | $936,981 | — | — | −$436,981 | $500,000 | $— | $15,935 | Verified |
| 2022 | $616,000 | — | — | −$116,000 | $500,000 | $— | $18,505 | Verified |
| 2021 | $667,663 | — | — | −$367,663 | $300,000 | $— | $13,408 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.7% | +14.7% | ~100% | Not available | Partial |
| 2025 | -17.5% | -17.5% | ~100% | Not available | Partial |
| 2024 | -11.8% | -11.8% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.7000% | Verified |
| 2022 | +52.1% | +52.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.0100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +10.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.7% | +6.1% | -2.1% | +52.1% | 2023 | -22.6% | 2025 |
| Assessment Ratio | 100.0% | 72.7% | — | 100.0% | 2025 | 44.9% | 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 |
$13,955 | $15,636 | ~$13,499 | $18,505 | 2022 | $13,408 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$685,500 | ~$685,500 | ~2.0139% | ~$13,806 | +0.5% |
| 2027 | ~$689,124 | ~$689,124 | ~1.9814% | ~$13,654 | +1.1% |
| 2028 | ~$692,768 | ~$692,768 | ~1.9488% | ~$13,501 | +1.6% |
| 2029 | ~$696,430 | ~$696,430 | ~1.9163% | ~$13,346 | +2.1% |
| 2030 | ~$700,112 | ~$700,112 | ~1.8837% | ~$13,188 | +2.7% |
| 2026 | ~$671,862 | ~$671,862 | ~2.0465% | ~$13,750 | -1.5% |
| 2027 | ~$661,977 | ~$661,977 | ~2.0465% | ~$13,547 | -2.9% |
| 2028 | ~$652,237 | ~$652,237 | ~2.0465% | ~$13,348 | -4.3% |
| 2029 | ~$642,641 | ~$642,641 | ~2.0465% | ~$13,152 | -5.8% |
| 2030 | ~$633,186 | ~$633,186 | ~2.0465% | ~$12,958 | -7.1% |
| 2026 | ~$699,138 | ~$699,138 | ~1.9977% | ~$13,966 | +2.5% |
| 2027 | ~$716,817 | ~$716,817 | ~1.9488% | ~$13,970 | +5.1% |
| 2028 | ~$734,943 | ~$734,943 | ~1.9000% | ~$13,964 | +7.8% |
| 2029 | ~$753,528 | ~$753,528 | ~1.8512% | ~$13,949 | +10.5% |
| 2030 | ~$772,582 | ~$772,582 | ~1.8024% | ~$13,925 | +13.3% |
In 2025, this property's market value of $681,895 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +31% 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 | $681,895 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $880,762 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $936,981 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $616,000 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $667,663 | $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.