1220 SOUTHPORT DR TX 78704
| Owner | KENNEDY PAUL |
|---|---|
| Parcel ID | 0407071117 |
| Short ID | 310136 |
| Type | Real |
| Use Code | 04 Fourplex |
| Valuation | Income |
| Improvement SF | 3,144 SF |
| Land SF | 8,161 SF |
| Acres | 0.187 |
| Year Built | 1982 |
| Legal | LOT 17 BLK A SOUTHRIDGE SEC 6 |
| Neighborhood | K3006 |
| Land | $395,261 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $395,261 |
| Improvement | $260,269 |
|---|---|
| Total Improvement | $260,269 |
| Market | $655,530 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $655,530 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $655,530 |
| Taxable Value | $655,530 |
|---|
Appreciation: Market value has risen +13.6% from $577,096 (2021) to $655,530 (2025), a CAGR of 3.2% 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 $13,415. 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 60% of market value ($395,261 land vs $260,269 improvements), about $48/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $655,530, 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 +3.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $768,729 by 2030, with an estimated annual tax burden around $14,481. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,144 SF | ✗ |
| 551 | PAVED AREA | 2,367 SF | ✗ |
| 1ST | 1st Floor | 1,572 SF | ✓ |
| 2ND | 2nd Floor | 1,572 SF | ✓ |
| 612 | TERRACE UNCOVERD | 190 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 72 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 32 SF | ✗ |
| 251 | BATHROOM | 4 SF | ✓ |
| 413 | STAIRWAY EXT | 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% | $6,064.96 | $6,064.96 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $3,435.09 | $3,435.09 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,463.78 | $2,463.78 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $773.68 | $773.68 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $677.82 | $677.82 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $13,415.33 | $13,415.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $684,991 | $655,530 | +4.5% |
| Assessed Value | $684,991 | $655,530 | +4.5% |
| Land Value | $395,261 | $395,261 | +0.0% |
| Improvement Value | $289,730 | $260,269 | +11.3% |
| Taxable Value | $684,991 | $655,530 | +4.5% |
| Total Tax 2026 = estimate |
~$14,018
Estimated
|
~$13,415
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $785,540 | $684,991 | -100,549 (-12.8%) |
| Taxable Value | $785,540 | $684,991 | -100,549 (-12.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $684,991 | $395,261 | $289,730 | — | $684,991 | $684,991 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $655,530 | $395,261 | $260,269 | — | $655,530 | $655,530 | ~$13,415 | Partial |
| 2024 | $730,577 | — | — | −$205,577 | $525,000 | $— | $15,361 | Verified |
| 2023 | $811,752 | — | — | −$286,752 | $525,000 | $— | $13,218 | Verified |
| 2022 | $587,658 | — | — | −$62,658 | $525,000 | $— | $16,031 | Verified |
| 2021 | $577,096 | — | — | −$262,096 | $315,000 | $— | $12,791 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +19.8% | +19.8% | ~100% | Not available | Partial |
| 2025 | -15.4% | -15.4% | ~100% | Not available | Partial |
| 2024 | +6.1% | +6.1% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +38.1% | +38.1% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.2200% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +11.5% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +4.5% | +4.8% | +2.3% | +38.1% | 2023 | -10.3% | 2025 |
| Assessment Ratio | 100.0% | 80.1% | — | 100.0% | 2025 | 54.6% | 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 |
$13,415 | $14,163 | ~$14,056 | $16,031 | 2022 | $12,791 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$676,751 | ~$676,751 | ~2.0139% | ~$13,629 | +3.2% |
| 2027 | ~$698,658 | ~$698,658 | ~1.9814% | ~$13,843 | +6.6% |
| 2028 | ~$721,275 | ~$721,275 | ~1.9488% | ~$14,056 | +10.0% |
| 2029 | ~$744,624 | ~$744,624 | ~1.9163% | ~$14,269 | +13.6% |
| 2030 | ~$768,729 | ~$768,729 | ~1.8837% | ~$14,481 | +17.3% |
| 2026 | ~$663,640 | ~$663,640 | ~2.0465% | ~$13,581 | +1.2% |
| 2027 | ~$671,850 | ~$671,850 | ~2.0465% | ~$13,749 | +2.5% |
| 2028 | ~$680,162 | ~$680,162 | ~2.0465% | ~$13,919 | +3.8% |
| 2029 | ~$688,577 | ~$688,577 | ~2.0465% | ~$14,092 | +5.0% |
| 2030 | ~$697,096 | ~$697,096 | ~2.0465% | ~$14,266 | +6.3% |
| 2026 | ~$689,861 | ~$689,861 | ~1.9977% | ~$13,781 | +5.2% |
| 2027 | ~$725,991 | ~$725,991 | ~1.9488% | ~$14,148 | +10.7% |
| 2028 | ~$764,012 | ~$764,012 | ~1.9000% | ~$14,516 | +16.5% |
| 2029 | ~$804,025 | ~$804,025 | ~1.8512% | ~$14,884 | +22.7% |
| 2030 | ~$846,133 | ~$846,133 | ~1.8024% | ~$15,250 | +29.1% |
In 2025, this property's market value of $655,530 places it in the 50th–75th percentile for Multi-Family properties in Travis County (12584 comparable) — +26% 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 | $655,530 | $438,669 | $519,778 | $749,859 | ↑ Above median | -7.5% |
| 2024 | $730,577 | $467,458 | $564,615 | $848,565 | ↑ Above median | -6.3% |
| 2023 | $811,752 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | $587,658 | $506,618 | $615,058 | $906,429 | ↓ Below median | +39.1% |
| 2021 | $577,096 | $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.