1216 SOUTHPORT DR TX 78704
| Owner | GRANDY LAND LLC |
|---|---|
| Parcel ID | 0407071115 |
| Short ID | 310134 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,840 SF |
| Land SF | 7,973 SF |
| Acres | 0.183 |
| Year Built | 1982 |
| Legal | LOT 15 BLK A SOUTHRIDGE SEC 6 |
| Neighborhood | K3006 |
| Land | $393,528 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $393,528 |
| Improvement | $288,029 |
|---|---|
| Total Improvement | $288,029 |
| Market | $681,557 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $681,557 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $681,557 |
| Taxable Value | $681,557 |
|---|
Appreciation: Market value has risen +14.2% from $596,800 (2021) to $681,557 (2025), a CAGR of 3.4% 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 $13,948. 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 ($393,528 land vs $288,029 improvements), about $49/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $681,557, 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 +3.4% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $804,626 by 2030, with an estimated annual tax burden around $15,157. 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 | 3,840 SF | ✗ |
| 551 | PAVED AREA | 2,100 SF | ✗ |
| 1ST | 1st Floor | 2,019 SF | ✓ |
| 2ND | 2nd Floor | 1,821 SF | ✓ |
| 612 | TERRACE UNCOVERD | 295 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% | $6,305.77 | $6,305.77 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,571.47 | $3,571.47 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,561.60 | $2,561.60 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $804.39 | $804.39 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $704.73 | $704.73 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,947.96 | $13,947.96 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $782,000 | $681,557 | +14.7% |
| Assessed Value | $782,000 | $681,557 | +14.7% |
| Land Value | $393,528 | $393,528 | +0.0% |
| Improvement Value | $388,472 | $288,029 | +34.9% |
| Taxable Value | $782,000 | $681,557 | +14.7% |
| Total Tax 2026 = estimate |
~$16,004
Estimated
|
~$13,948
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $782,000 | $782,000 | +0 (+0.0%) |
| Taxable Value | $782,000 | $782,000 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $782,000 | $393,528 | $388,472 | — | $782,000 | $782,000 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $681,557 | $393,528 | $288,029 | — | $681,557 | $681,557 | ~$13,948 | Partial |
| 2024 | $870,592 | — | — | −$370,592 | $500,000 | $— | $15,879 | Verified |
| 2023 | $881,508 | — | — | −$381,508 | $500,000 | $— | $15,751 | Verified |
| 2022 | $588,650 | — | — | −$88,650 | $500,000 | $— | $17,409 | Verified |
| 2021 | $596,800 | — | — | −$296,800 | $300,000 | $— | $12,813 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +14.7% | +14.7% | ~100% | Not available | Partial |
| 2025 | -14.9% | -14.9% | ~100% | Not available | Partial |
| 2024 | -8.0% | -8.0% | ~100% | 1.9800% | Verified |
| 2023 | -1.2% | -1.2% | ~100% | 1.8100% | Verified |
| 2022 | +49.8% | +49.8% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.1500% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +15.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +14.7% | +8.0% | +0.7% | +49.8% | 2023 | -21.7% | 2025 |
| Assessment Ratio | 100.0% | 74.9% | — | 100.0% | 2025 | 50.3% | 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 |
$13,948 | $15,160 | ~$14,673 | $17,409 | 2022 | $12,813 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$704,564 | ~$704,564 | ~2.0139% | ~$14,189 | +3.4% |
| 2027 | ~$728,348 | ~$728,348 | ~1.9814% | ~$14,431 | +6.9% |
| 2028 | ~$752,935 | ~$752,935 | ~1.9488% | ~$14,673 | +10.5% |
| 2029 | ~$778,351 | ~$778,351 | ~1.9163% | ~$14,915 | +14.2% |
| 2030 | ~$804,626 | ~$804,626 | ~1.8837% | ~$15,157 | +18.1% |
| 2026 | ~$690,933 | ~$690,933 | ~2.0465% | ~$14,140 | +1.4% |
| 2027 | ~$700,438 | ~$700,438 | ~2.0465% | ~$14,334 | +2.8% |
| 2028 | ~$710,074 | ~$710,074 | ~2.0465% | ~$14,532 | +4.2% |
| 2029 | ~$719,842 | ~$719,842 | ~2.0465% | ~$14,731 | +5.6% |
| 2030 | ~$729,745 | ~$729,745 | ~2.0465% | ~$14,934 | +7.1% |
| 2026 | ~$718,195 | ~$718,195 | ~1.9977% | ~$14,347 | +5.4% |
| 2027 | ~$756,803 | ~$756,803 | ~1.9488% | ~$14,749 | +11.0% |
| 2028 | ~$797,486 | ~$797,486 | ~1.9000% | ~$15,152 | +17.0% |
| 2029 | ~$840,357 | ~$840,357 | ~1.8512% | ~$15,557 | +23.3% |
| 2030 | ~$885,531 | ~$885,531 | ~1.8024% | ~$15,961 | +29.9% |
In 2025, this property's market value of $681,557 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 | $681,557 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $870,592 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $881,508 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $588,650 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $596,800 | $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.