NOT LISTED FOR SALE
2 Beds
1 Bath
3,835 Sq Ft
9,017 Sq Ft Lot

Last Sold April 26, 2022

18 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Porch
  • Russell Lee Elementary School Rated A-
  • No HOA
  • 3-minute walk to Adams-Hemphill Park

About This Home

As of April 2022

Fantastic multi-family investment property by UT. The front building is comprised of 3 units. Unit A is 1Bedroom/1Bath, Unit B is 1Bedroom/1Bath, Unit C is 2Bedrooms/2Baths. The back building is a 6Bedroom/ 2Bath unit. The lot is .206 acres, 9000 square feet and it is zoned MF4. The current rent roll through 7/31/22 is $8,800/month. 2 of the 4 leases have been renewed through July 2023 with increased rents of $150/month. See the documents for feasibility study, leases, survey and T-47. No showings without an executed contract.

Last Agent to Sell the Property

Kasey Gilliam

Bramlett Partners License #0685262 Listed on: 02/24/2022

Bramlett Partners

Last Buyer's Agent

Tony Lazarov

Respace LLC License #0459968

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,733

Year Built

  • Built in 1975

Lot Details

  • 9,017 Sq Ft Lot
  • Southwest Facing Home
  • Level Lot
  • Wooded Lot

Parking

  • 10 Parking Spaces

Home Design

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

Interior Spaces

  • 3,835 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in multiple locations
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters

Additional Features

  • Porch
  • Horses Allowed On Property

Listing and Financial Details

  • Legal Lot and Block 12 / 2
  • Assessor Parcel Number 02160413180000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Grooms Add Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,733

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: City Restrictions
  • Unit Mix: 1/1, 2/2, See Remarks
  • Year Built: 1975
  • Direction Faces: SW
  • Directions: From Mopac - take 29th street exit, left on Guadalupe, right on 30th street, building on left. From I:35 - exit Dean Keeton, right on San Jacinto, left on 30th Street, building on right.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 23733.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3835.00
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Electric Dryer Hookup, Washer Hookup
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Tile
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Microwave, Oven
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Screens

Exterior Features

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

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Meter Description: Electric Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Level, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02160413180000
  • Lot Size Acres: 0.2070
  • Lot Size Sq Ft: 9016.92
  • Subdivision Name: Grooms Add

Rental Info

  • Total Actual Rent: 9200.00
  • Pets Allowed: Negotiable

Building Info

  • Construction Materials: Frame, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 2
  • Tax Filled Sqft Total: 3709
  • Tax Lot: 12
  • Tax Rate: 2.17668000000000
  • Tax Year: 2021
  • Tax Annual Amount: 23733.00
  • Tax Exemptions: None
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold -- -- --
03/14/2022 03/14/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $1,850,000 0.0% $482 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,850,000 +32.6% $482 / Sq Ft
09/04/2020 09/04/20 Sold -- -- -- View Prior Sale
07/25/2020 07/25/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $1,395,000 -- $376 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $26,601 $1,495,650 $900,000 $595,650
2023 $26,601 $1,284,725 $900,000 $384,725
2022 $23,100 $1,169,675 $675,000 $494,675
2021 $23,733 $1,090,309 $675,000 $415,309
2020 $21,798 $1,016,275 $675,000 $341,275
2019 $16,737 $762,000 $675,000 $87,000
2018 $16,811 $759,310 $450,000 $309,310
2017 $15,464 $693,420 $450,000 $243,420
2016 $14,716 $659,880 $450,000 $209,880
2015 $12,357 $567,477 $360,000 $207,477
2014 $12,357 $519,260 $270,000 $249,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5033262

Unlock MLS (Austin Board of REALTORS®)