1214 SOUTHPORT DR TX 78704
| Owner | SILENT BAY LLC |
|---|---|
| Parcel ID | 0407071114 |
| Short ID | 310133 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,928 SF |
| Land SF | 7,927 SF |
| Acres | 0.182 |
| Year Built | 1981 |
| Legal | LOT 14 BLK A SOUTHRIDGE SEC 6 |
| Neighborhood | K3006 |
| Land | $393,138 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $393,138 |
| Improvement | $298,339 |
|---|---|
| Total Improvement | $298,339 |
| Market | $691,477 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $691,477 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $691,477 |
| Taxable Value | $691,477 |
|---|
Appreciation: Market value has risen +9.5% from $631,700 (2021) to $691,477 (2025), a CAGR of 2.3% 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 $14,151. 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 57% of market value ($393,138 land vs $298,339 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 $691,477, 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 +2.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $774,215 by 2030, with an estimated annual tax burden around $14,584. 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 |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,928 SF | ✗ |
| 1ST | 1st Floor | 2,072 SF | ✓ |
| 2ND | 2nd Floor | 1,856 SF | ✓ |
| 551 | PAVED AREA | 1,800 SF | ✗ |
| 512 | DECK UNCOVRED | 114 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 80 SF | ✗ |
| 612 | TERRACE UNCOVERD | 76 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% | $6,397.55 | $6,397.55 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,623.46 | $3,623.46 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,598.88 | $2,598.88 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $816.10 | $816.10 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $714.99 | $714.99 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $14,150.98 | $14,150.98 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $676,402 | $691,477 | -2.2% |
| Assessed Value | $676,402 | $691,477 | -2.2% |
| Land Value | $393,138 | $393,138 | +0.0% |
| Improvement Value | $283,264 | $298,339 | -5.1% |
| Taxable Value | $676,402 | $691,477 | -2.2% |
| Total Tax 2026 = estimate |
~$13,842
Estimated
|
~$14,151
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $676,402 | $676,402 | +0 (+0.0%) |
| Taxable Value | $676,402 | $676,402 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $676,402 | $393,138 | $283,264 | — | $676,402 | $676,402 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $691,477 | $393,138 | $298,339 | — | $691,477 | $691,477 | ~$14,151 | Partial |
| 2024 | $916,420 | — | — | −$416,420 | $500,000 | $— | $15,874 | Verified |
| 2023 | $916,420 | — | — | −$416,420 | $500,000 | $— | $16,580 | Verified |
| 2022 | $610,364 | — | — | −$110,364 | $500,000 | $— | $18,099 | Verified |
| 2021 | $631,700 | — | — | −$331,700 | $300,000 | $— | $13,286 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -2.2% | -2.2% | ~100% | Not available | Partial |
| 2025 | -13.7% | -13.7% | ~100% | Not available | Partial |
| 2024 | -12.6% | -12.6% | ~100% | 1.9800% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.8100% | Verified |
| 2022 | +50.1% | +50.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +13.3% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -2.2% | +4.0% | +2.7% | +50.1% | 2023 | -24.5% | 2025 |
| Assessment Ratio | 100.0% | 73.1% | — | 100.0% | 2025 | 47.5% | 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 |
$14,151 | $15,598 | ~$14,418 | $18,099 | 2022 | $13,286 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$707,285 | ~$707,285 | ~2.0139% | ~$14,244 | +2.3% |
| 2027 | ~$723,454 | ~$723,454 | ~1.9814% | ~$14,334 | +4.6% |
| 2028 | ~$739,993 | ~$739,993 | ~1.9488% | ~$14,421 | +7.0% |
| 2029 | ~$756,911 | ~$756,911 | ~1.9163% | ~$14,505 | +9.5% |
| 2030 | ~$774,215 | ~$774,215 | ~1.8837% | ~$14,584 | +12.0% |
| 2026 | ~$693,455 | ~$693,455 | ~2.0465% | ~$14,191 | +0.3% |
| 2027 | ~$695,440 | ~$695,440 | ~2.0465% | ~$14,232 | +0.6% |
| 2028 | ~$697,429 | ~$697,429 | ~2.0465% | ~$14,273 | +0.9% |
| 2029 | ~$699,425 | ~$699,425 | ~2.0465% | ~$14,314 | +1.1% |
| 2030 | ~$701,426 | ~$701,426 | ~2.0465% | ~$14,355 | +1.4% |
| 2026 | ~$721,115 | ~$721,115 | ~1.9977% | ~$14,405 | +4.3% |
| 2027 | ~$752,022 | ~$752,022 | ~1.9488% | ~$14,656 | +8.8% |
| 2028 | ~$784,255 | ~$784,255 | ~1.9000% | ~$14,901 | +13.4% |
| 2029 | ~$817,869 | ~$817,869 | ~1.8512% | ~$15,140 | +18.3% |
| 2030 | ~$852,924 | ~$852,924 | ~1.8024% | ~$15,373 | +23.3% |
In 2025, this property's market value of $691,477 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +33% 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 | $691,477 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $916,420 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $916,420 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $610,364 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $631,700 | $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.