1205 SOUTHPORT DR TX 78704
| Owner | 1205 SOUTHPORT LLC |
|---|---|
| Parcel ID | 0407070123 |
| Short ID | 310057 |
| Type | Real |
| Use Code | 05 Apartment 5–25 Units |
| Valuation | Income |
| Improvement SF | 5,622 SF |
| Land SF | 12,121 SF |
| Acres | 0.278 |
| Year Built | 1983 |
| Legal | LOT 15 BLK B SOUTHRIDGE SEC 6 |
| Neighborhood | 05SC1 |
| Land | $381,818 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $381,818 |
| Improvement | $958,182 |
|---|---|
| Total Improvement | $958,182 |
| Market | $1,340,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,340,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,340,000 |
| Taxable Value | $1,340,000 |
|---|
Appreciation: Market value has risen +22.6% from $1,092,974 (2021) to $1,340,000 (2025), a CAGR of 5.2% 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 $27,423. 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 ($381,818 land vs $958,182 improvements), about $32/SF of land. Most value sits in the improvements, so building condition, age (~43 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,340,000, 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 +5.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,728,715 by 2030, with an estimated annual tax burden around $32,565. 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 | 4,320 SF | ✗ |
| 2ND | 2nd Floor | 2,871 SF | ✓ |
| 1ST | 1st Floor | 2,751 SF | ✓ |
| 611 | TERRACE | 832 SF | ✗ |
| 581C | STORAGE ATT COMM | 160 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% | $12,397.68 | $12,397.68 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $7,021.83 | $7,021.83 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $5,036.32 | $5,036.32 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,581.51 | $1,581.51 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,385.56 | $1,385.56 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $27,422.90 | $27,422.90 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,405,500 | $1,340,000 | +4.9% |
| Assessed Value | $1,405,500 | $1,340,000 | +4.9% |
| Land Value | $381,818 | $381,818 | +0.0% |
| Improvement Value | $1,023,682 | $958,182 | +6.8% |
| Taxable Value | $1,405,500 | $1,340,000 | +4.9% |
| Total Tax 2026 = estimate |
~$28,763
Estimated
|
~$27,423
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,405,500 | $1,405,500 | +0 (+0.0%) |
| Taxable Value | $1,405,500 | $1,405,500 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,405,500 | $381,818 | $1,023,682 | — | $1,405,500 | $1,405,500 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,340,000 | $381,818 | $958,182 | — | $1,340,000 | $1,340,000 | ~$27,423 | Partial |
| 2024 | $1,321,170 | — | — | −$939,352 | $381,818 | $— | $28,969 | Verified |
| 2023 | $1,243,865 | — | — | −$862,047 | $381,818 | $— | $23,903 | Verified |
| 2022 | $1,101,582 | — | — | −$719,764 | $381,818 | $— | $24,565 | Verified |
| 2021 | $1,092,974 | — | — | −$711,156 | $381,818 | $— | $23,978 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +4.9% | +4.9% | ~100% | Not available | Partial |
| 2025 | -8.3% | -8.3% | ~100% | Not available | Partial |
| 2024 | +10.6% | +10.6% | ~100% | 1.9800% | Verified |
| 2023 | +6.2% | +6.2% | ~100% | 1.8100% | Verified |
| 2022 | +12.9% | +12.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1900% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +21.6% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.9% | +5.2% | +4.2% | +12.9% | 2023 | +0.8% | 2022 |
| Assessment Ratio | 100.0% | 54.9% | — | 100.0% | 2025 | 28.9% | 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 |
$27,423 | $25,768 | ~$30,454 | $28,969 | 2024 | $23,903 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,410,031 | ~$1,410,031 | ~2.0139% | ~$28,397 | +5.2% |
| 2027 | ~$1,483,721 | ~$1,483,721 | ~1.9814% | ~$29,398 | +10.7% |
| 2028 | ~$1,561,263 | ~$1,561,263 | ~1.9488% | ~$30,427 | +16.5% |
| 2029 | ~$1,642,857 | ~$1,642,857 | ~1.9163% | ~$31,482 | +22.6% |
| 2030 | ~$1,728,715 | ~$1,728,715 | ~1.8837% | ~$32,565 | +29.0% |
| 2026 | ~$1,383,231 | ~$1,383,231 | ~2.0465% | ~$28,308 | +3.2% |
| 2027 | ~$1,427,856 | ~$1,427,856 | ~2.0465% | ~$29,221 | +6.6% |
| 2028 | ~$1,473,921 | ~$1,473,921 | ~2.0465% | ~$30,164 | +10.0% |
| 2029 | ~$1,521,472 | ~$1,521,472 | ~2.0465% | ~$31,137 | +13.5% |
| 2030 | ~$1,570,557 | ~$1,570,557 | ~2.0465% | ~$32,141 | +17.2% |
| 2026 | ~$1,436,831 | ~$1,436,831 | ~1.9977% | ~$28,703 | +7.2% |
| 2027 | ~$1,540,658 | ~$1,540,658 | ~1.9488% | ~$30,025 | +15.0% |
| 2028 | ~$1,651,989 | ~$1,651,989 | ~1.9000% | ~$31,388 | +23.3% |
| 2029 | ~$1,771,364 | ~$1,771,364 | ~1.8512% | ~$32,791 | +32.2% |
| 2030 | ~$1,899,366 | ~$1,899,366 | ~1.8024% | ~$34,234 | +41.7% |
In 2025, this property's market value of $1,340,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +158% 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 | $1,340,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,321,170 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,243,865 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,101,582 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $1,092,974 | $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.