1207 SOUTHPORT DR TX 78704
| Owner | 1207 SOUTHPORT LLC |
|---|---|
| Parcel ID | 0407070122 |
| Short ID | 310056 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 7,698 SF |
| Land SF | 16,015 SF |
| Acres | 0.368 |
| Year Built | 1983 |
| Legal | LOT 16 BLK B SOUTHRIDGE SEC 6 |
| Neighborhood | 05SC1 |
| Land | $504,466 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $504,466 |
| Improvement | $1,305,534 |
|---|---|
| Total Improvement | $1,305,534 |
| Market | $1,810,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,810,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,810,000 |
| Taxable Value | $1,810,000 |
|---|
Appreciation: Market value has risen +35.9% from $1,331,517 (2021) to $1,810,000 (2025), a CAGR of 8.0% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. 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 $37,041. 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 28% of market value ($504,466 land vs $1,305,534 improvements), about $31/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,810,000, 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 +8.0% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,656,705 by 2030, with an estimated annual tax burden around $50,045. 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.
8 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 6,990 SF | ✗ |
| 1ST | 1st Floor | 3,861 SF | ✓ |
| 2ND | 2nd Floor | 3,837 SF | ✓ |
| 611 | TERRACE | 660 SF | ✗ |
| 581C | STORAGE ATT COMM | 200 SF | ✓ |
| 132 | PLBG 5-FIXT AVG | 1 SF | ✓ |
| 152 | COMMODE AVG | 1 SF | ✓ |
| 162 | LAVATORY AVG | 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% | $16,746.12 | $16,746.12 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $9,484.71 | $9,484.71 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $6,802.79 | $6,802.79 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $2,136.22 | $2,136.22 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,871.54 | $1,871.54 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $37,041.38 | $37,041.38 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,874,500 | $1,810,000 | +3.6% |
| Assessed Value | $1,874,500 | $1,810,000 | +3.6% |
| Land Value | $504,466 | $504,466 | +0.0% |
| Improvement Value | $1,370,034 | $1,305,534 | +4.9% |
| Taxable Value | $1,874,500 | $1,810,000 | +3.6% |
| Total Tax 2026 = estimate |
~$38,361
Estimated
|
~$37,041
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,874,500 | $1,874,500 | +0 (+0.0%) |
| Taxable Value | $1,874,500 | $1,874,500 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,874,500 | $504,466 | $1,370,034 | — | $1,874,500 | $1,874,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,810,000 | $504,466 | $1,305,534 | — | $1,810,000 | $1,810,000 | ~$37,041 | Partial |
| 2024 | $1,687,050 | — | — | −$1,182,584 | $504,466 | $— | $34,920 | Verified |
| 2023 | $1,574,580 | — | — | −$1,070,114 | $504,466 | $— | $30,523 | Verified |
| 2022 | $1,358,981 | — | — | −$854,515 | $504,466 | $— | $31,097 | Verified |
| 2021 | $1,331,517 | — | — | −$827,051 | $504,466 | $— | $29,581 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +3.6% | +3.6% | ~100% | Not available | Partial |
| 2025 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2024 | +4.4% | +4.4% | ~100% | 1.9800% | Verified |
| 2023 | +7.1% | +7.1% | ~100% | 1.8100% | Verified |
| 2022 | +15.9% | +15.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +33.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +3.6% | +7.2% | +7.2% | +15.9% | 2023 | +2.1% | 2022 |
| Assessment Ratio | 100.0% | 56.1% | — | 100.0% | 2025 | 29.9% | 2024 |
| 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 |
$37,041 | $32,632 | ~$44,555 | $37,041 | 2025 | $29,581 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,954,391 | ~$1,954,391 | ~2.0139% | ~$39,360 | +8.0% |
| 2027 | ~$2,110,301 | ~$2,110,301 | ~1.9814% | ~$41,813 | +16.6% |
| 2028 | ~$2,278,649 | ~$2,278,649 | ~1.9488% | ~$44,407 | +25.9% |
| 2029 | ~$2,460,427 | ~$2,460,427 | ~1.9163% | ~$47,149 | +35.9% |
| 2030 | ~$2,656,705 | ~$2,656,705 | ~1.8837% | ~$50,045 | +46.8% |
| 2026 | ~$1,918,191 | ~$1,918,191 | ~2.0465% | ~$39,255 | +6.0% |
| 2027 | ~$2,032,850 | ~$2,032,850 | ~2.0465% | ~$41,602 | +12.3% |
| 2028 | ~$2,154,362 | ~$2,154,362 | ~2.0465% | ~$44,089 | +19.0% |
| 2029 | ~$2,283,137 | ~$2,283,137 | ~2.0465% | ~$46,724 | +26.1% |
| 2030 | ~$2,419,610 | ~$2,419,610 | ~2.0465% | ~$49,517 | +33.7% |
| 2026 | ~$1,990,591 | ~$1,990,591 | ~1.9977% | ~$39,765 | +10.0% |
| 2027 | ~$2,189,201 | ~$2,189,201 | ~1.9488% | ~$42,664 | +21.0% |
| 2028 | ~$2,407,627 | ~$2,407,627 | ~1.9000% | ~$45,745 | +33.0% |
| 2029 | ~$2,647,846 | ~$2,647,846 | ~1.8512% | ~$49,017 | +46.3% |
| 2030 | ~$2,912,033 | ~$2,912,033 | ~1.8024% | ~$52,486 | +60.9% |
In 2025, this property's market value of $1,810,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 3× 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 | $1,810,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,687,050 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,574,580 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,358,981 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,331,517 | $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.