NOT LISTED FOR SALE

Estimated Value: $609,000 - $781,000

0.07 Acre
$10,667,169 Price per Acre
2,831 Sq Ft Lot

Last Sold October 29, 2021

Current estimated payment $4,433/month

114 Days on Market

Highlights

  • Covered Arena
  • Outdoor Living Area
  • Central Heating and Cooling System
  • Mathews Elementary School Rated A
  • Outdoor Storage
  • High Speed Internet

About This Lot

As of October 2021

Price is firm. This 1928 bungalow is conveniently located one mile from downtown Austin, the capital and the University of Texas. Directly intersecting historic and popular East 11th District and its charming local shops, popular eateries and other eclectic, sought-out venues. 1009 Wheeless' ultimate location offers a mixed-use, unique opportunity in a neighborhood rich with history with an abundance of foot traffic. PRIME LOCATION. Public parking lot on the right of the property Permitted uses include, not limited to, administrative/business offices, art and crafts studio, business support, communications services, consumer convenience services, financial services, food/liquor sales, general retail, indoor entertainment, medical offices, personal services pet services, professional offices, restaurant, service station, commercial parking. (All information here deemed reliable but not guaranteed. Buyer must verify.) Residential/Commercial Use

Last Agent to Sell the Property

Maria Quiroz

DEN Property Group License #0702173 Listed on: 04/29/2021

Last Buyer's Agent

Jody Allen

All City Real Estate Ltd. Co License #0707402

All City Real Estate Ltd. Co

Property Details

Property Type

  • Land

Year Built

  • Built in 1928

Lot Details

  • 2,831 Sq Ft Lot
  • The community has rules related to zoning restrictions

Home Design

  • 1,134 Sq Ft Home
  • Blown-In Insulation
  • Wood Siding
  • Concrete Siding

Flooring

  • Concrete
  • Vinyl

Parking

  • 1 Parking Space
  • Alley Access
  • Driveway
  • Off-Street Parking
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available

Additional Features

  • Washer and Dryer Hookup
  • Covered Arena

Listing and Financial Details

  • Assessor Parcel Number 02050711130000
  • 2% Total Tax Rate

Community Details

Overview

  • Association Phone (210) 957-9785
  • DIV B Stuart & Mair Subd Subdivision
  • Property managed by DEN Property Group

Amenities

  • Community Storage Space

Recreation

  • Outdoor Living Area
  • Outdoor Storage

Property Details

Property Type

Land

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Site Planned
  • Building Area Total: 1134.00
  • Restrictions: Zoning
  • Year Built: 1928
  • Acquisition Inclusion: Building & Land
  • Additional Parcels: No
  • Anchors Co-Tenants: E 11thst District
  • Current Use: Mixed Use, Single Family, See Remarks
  • Directions: IH 35 N access. Right on E 11th (.9miles) Right on Wheeless st. Destination will be on your left.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 7574.66
  • ETJ Extra Territorial Jurdn: No
  • Existing Lease Type: None
  • FEMA Flood Plain: No
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Other Equipment: Dryer Connections, Gas Dryer Hookup, Washer Hookup
  • Other Structures: Covered Arena, Storage
  • Road Surface Type: APAVD, Concrete, PVD
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Flooring: Concrete, Vinyl
  • Management Company: DEN Property Group
  • Accessibility Features: None
  • Property Condition: Resale
  • Security Features: None

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access, Off Site, Off Street
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Cable, Natural Gas Available, Phone Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Management Co Rep: Maria Quiroz

Lot Info

  • Parcel Number: 02050711130000
  • Lot Size Acres: 0.0650
  • Lot Size Sq Ft: 2831.40
  • Subdivision Name: DIV B STUART & MAIR SUBD

Building Info

  • Building Features: Clean Room, Living Area/Building, Storage, Telephone(s), Washer Connections, Washer Dryer Connections
  • Construction Materials: Concrete, Blown-In Insulation, Wood Siding
  • New Construction: No
  • Number Of Buildings: 1

Multi Family

  • Management Co Phone: (210) 957-9785

Tax Info

  • Tax Rate: 2.14400000000000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Oct 29, 2021
Sold by
Hernandez Eucevlo and Hernandez Marciana T
Bought by
Alderete & Rocha Investements Llc
Seller's Agent
Maria Quiroz
DEN Property Group
Buyer's Agent
Jody Allen
All City Real Estate Ltd. Co
List Price
$750,000
Current Estimated Value
$693,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.09%
Original Mortgage
$555,000
Outstanding Balance
$507,205
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,161

Purchase Details

Closed on
May 26, 1994
Sold by
Passarell Manuel R and Passarell Manuel Albert
Bought by
Hernandez Eucevio and Hernandez Marciana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
8.52%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alderete & Rocha Investements Llc -- Texas National Title
Hernandez Eucevio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alderete & Rocha Investements Llc $555,000
Previous Owner Hernandez Eucevio $13,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold -- -- --
08/21/2021 08/21/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $750,000 -- $661 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,732 $496,918 $259,264 $237,654
2023 $10,267 $567,478 $243,750 $323,728
2022 $10,705 $542,058 $243,750 $298,308
2021 $4,784 $219,775 $162,500 $153,028
2020 $4,285 $199,795 $162,500 $190,653
2018 $3,656 $165,120 $162,500 $127,801
2017 $3,348 $150,109 $130,000 $138,586
2016 $3,043 $136,463 $90,000 $154,926
2015 $860 $124,057 $120,000 $121,901
2014 $860 $112,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6204706

Unlock MLS (Austin Board of REALTORS®)

APN: 193012