NOT LISTED FOR SALE

Estimated Value: $599,239 - $700,000

-- Bed
1 Bath
1,284 Sq Ft
$506/Sq Ft Est. Value

Last Sold June 30, 2022

Current estimated payment $4,424/month

51 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Multiple Living Areas
  • Russell Lee Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of June 2022

Price just dropped 25k! Wonderful income property close to everything. Stable long-term tenants in place and always rented. Don't miss this incredible opportunity in 78751! Property has a two bedroom unit in the front and a separate garage apt in the back.

Last Agent to Sell the Property

Sam Archer

Compass RE Texas, LLC License #0547022 Listed on: 05/03/2022

Compass RE Texas, LLC

Co-Listed By

Mallory Smock

Compass RE Texas, LLC License #0756913

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,542

Year Built

  • Built in 1936

Lot Details

  • 6,578 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Chain Link Fence

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,284 Sq Ft Home
  • 1-Story Property
  • Multiple Living Areas
  • Dining Area
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Parking

  • 2 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Additional Features

  • Horses Allowed On Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 02180908070000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Country Club Terrace Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,542

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 1/1, 2/1
  • Year Built: 1936
  • Direction Faces: South
  • Directions: Home is W of I-35. Red River to 43rd street, go east toward I-35.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 10163.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1284.00
  • Other Equipment: Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, See Remarks
  • Laundry Location: See Remarks
  • View: None
  • Flooring: Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Range, Microwave, Gas Oven, Free-Standing Gas Range, Refrigerator, Washer/Dryer
  • Property Condition: Resale
  • Security Features: None
  • Window Features: None

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Unpaved
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Meter Description: Allocation Billing
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Lee
  • Middle School: Kealing
  • High School: McCallum
  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: None
  • Parcel Number: 02180908070000
  • Lot Size Acres: 0.1510
  • Lot Size Sq Ft: 6577.56
  • Subdivision Name: Country Club Terrace

Rental Info

  • Total Actual Rent: 3145.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 942
  • Tax Lot: 18
  • Tax Rate: 2.38230000000000
  • Tax Year: 2021
  • Tax Annual Amount: 6542.32
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 29, 2022
Sold by
Rappaport Richard I and Rappaport Marian H
Bought by
Archer Samuel J
Seller's Agent
Sam Archer
Compass RE Texas, LLC
Buyer's Agent
Non Member
Non Member
List Price
$699,900
Current Estimated Value
$649,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.74%
Original Mortgage
$428,000
Interest Rate
5.25%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jun 4, 2013
Sold by
Park Hong and Park Catherine
Bought by
Rappaport Richard I and Fish Marian H
Seller's Agent
Mark Strub
Strub Residential
Buyer's Agent
Sam Archer
RAM Austin Property Management
List Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$217,500
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2006
Sold by
Delmonico Charles R and Delmonico Stacey A
Bought by
Park Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,280
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 18, 2003
Sold by
Pleuthner John W
Bought by
Delmonico Charles R and Delmonico Stacey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Archer Samuel J -- Independence Title
Rappaport Richard I -- None Available
Park Hong -- None Available
Delmonico Charles R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Samuel J $497,000
Closed Archer Samuel J $428,000
Previous Owner Rappaport Richard I $217,500
Previous Owner Park Hong $191,280
Previous Owner Delmonico Charles R $91,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold -- -- --
06/09/2022 06/09/22 Off Market -- -- --
05/11/2022 05/11/22 Price Changed $675,000 -3.6% $526 / Sq Ft
05/03/2022 05/03/22 For Sale $699,900 +133.3% $545 / Sq Ft
06/05/2013 06/05/13 Sold -- -- --
04/29/2013 04/29/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $300,000 -- $318 / 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 $10,940 $468,131 $307,006 $161,125
2023 $10,343 $571,682 $350,000 $221,682
2022 $12,865 $651,423 $350,000 $301,423
2021 $10,163 $466,900 $325,000 $141,900
2020 $8,882 $414,100 $325,000 $89,100
2018 $7,904 $357,000 $325,000 $32,000
2017 $7,560 $339,000 $325,000 $14,000
2016 $7,056 $316,376 $243,750 $72,626
2015 $6,474 $279,396 $187,500 $91,896
2014 $6,474 $280,063 $187,500 $92,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2416159

Unlock MLS (Austin Board of REALTORS®)

APN: 213385