NOT LISTED FOR SALE

1103 W Martin Luther King Dr Unit 2 San Marcos, TX 78666

Dunbar Neighborhood

Estimated Value: $522,000 - $696,000

3 Beds
3 Baths
1,630 Sq Ft
$369/Sq Ft Est. Value

Highlights

  • Mature Trees
  • No HOA
  • Laundry closet
  • Corner Lot
  • Breakfast Bar
  • 5-minute walk to Dunbar Park

About This Home

As of August 2022

Spacious 2 Story Duplex! Unit 2 Is On The Right At 1,630 Square Feet And Features 3 Bedrooms, 3 Baths, Range, Dishwasher, Refrigerator, Washer & Dryer. One bedroom & Bath Located On The Lower Level With 2 Bedrooms and 2 Bathrooms On The upper Level. Great location! Close to Downtown & Texas State University! IPM Application Packet Includes: TAR Residential Lease Application, Investors Property Management Tenant Criteria Signed, Income Verification For Last 60 Days & Photo ID Of Each Applicant. Incomplete Application Packages Will Not Be Processed.

Last Agent to Rent the Property

Sandra Spears

Tarpon Blue Real Estate License #0638211 Listed on: 07/06/2022

Last Renter's Agent

Sandra Spears

Tarpon Blue Real Estate License #0638211 Listed on: 07/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,008

Year Built

  • Built in 2017

Lot Details

  • 0.29 Acre Lot
  • Northwest Facing Home
  • Corner Lot
  • Mature Trees

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,630 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Electric Range
  • Free-Standing Range
  • Dishwasher

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking

Schools

  • Crockett Elementary School
  • Doris Miller Middle School
  • San Marcos High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Association Phone (512) 722-3955
  • J B Wilson Subdivision
  • Property managed by Investors Property Mgmt

Listing and Financial Details

  • Security Deposit $1,850
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • 12 Month Lease Term
  • $40 Application Fee
  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 1196450200001003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,008

Year Built

Built in 2017

Lot Details

0

Rental Info

  • App Deposit Payable To: Investors Property Management
  • App Fee Payable To: Investors Property Management
  • Application Fee: 40
  • Application Policy: Best Qualified Application
  • Application Required: See Attached
  • First Month Rent Payable To: Broker
  • Furnished: Unfurnished
  • Max Lease Months: 24
  • Min Lease Months: 12
  • Security Deposit: 1850
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: No
  • Pets Allowed: No
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Year Built: 2017
  • Certified Funds: Yes
  • Direction Faces: NW
  • Directions: From E. Hopkins Street, Left On Guadalupe Street, Right On Martin Luther King (West), And The Duplex Will Be On The Left.
  • Disclosures: None
  • FEMA Flood Plain: See Remarks
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Guarantor: Yes
  • Lease Term: 12 Months
  • Levels: Two
  • Living Area: 1630.00
  • Monthly Pet Rent Per Pet: No
  • Move In Special: No
  • On Site Compliance: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Interior Steps
  • Laundry Location: Laundry Closet
  • View: None
  • Flooring: Concrete, Laminate
  • Fireplace Features: None
  • Management Company: Investors Property Mgmt
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Range, Free-Standing Range, Refrigerator
  • Appliances Maintained: Dishwasher, Disposal, Dryer, Range/Oven/Stove, Refrigerator, Washer
  • Main Level Bedrooms: 1
  • Security Features: None
  • Smoking Inside: No
  • Spa Features: None
  • Window Features: Blinds

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms: 3
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Common, Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central, Electric
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Property Manager

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: San Marcos ISD
  • Elementary School: Crockett
  • High School: San Marcos
  • Middle/Junior School: Doris Miller

Lot Info

  • Lot Features: Corner Lot, Trees-Large (Over 40 Ft)
  • Parcel Number: 1196450200001003
  • Lot Size Acres: 0.2890
  • Lot Size Sq Ft: 12588.84
  • Subdivision Name: J B Wilson

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Multi Family

  • Management Co Phone: (512) 722-3955
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2016
Sold by
Loisel Daniel and Loisel Kathleen
Bought by
Z4 Pratt Properties Llc
Current Estimated Value
$601,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Outstanding Balance
$95,144
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$506,189

Purchase Details

Closed on
Jul 31, 2008
Sold by
The Belisle Family Ltd
Bought by
Loisel Daniel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Z4 Pratt Properties Llc -- Itc
Loisel Daniel -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Z4 Pratt Properties Llc $119,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Rented $1,750 0.0% --
08/16/2022 08/16/22 Under Contract -- -- --
07/22/2022 07/22/22 For Rent $1,750 0.0% --
07/20/2022 07/20/22 Under Contract -- -- --
07/06/2022 07/06/22 For Rent $1,750 +9.4% --
07/27/2020 07/27/20 Rented $1,600 0.0% --
07/16/2020 07/16/20 Under Contract -- -- --
06/10/2020 06/10/20 For Rent $1,600 0.0% --
05/15/2019 05/15/19 Rented $1,600 -5.9% --
04/15/2019 04/15/19 Under Contract -- -- --
12/11/2018 12/11/18 For Rent $1,700 -5.6% --
01/25/2018 01/25/18 For Rent $1,800 +5.9% --
01/25/2018 01/25/18 Rented $1,700 -- --
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 $11,008 $474,462 $127,390 $347,072
2024 $11,008 $559,295 $127,390 $431,905
2023 $10,271 $540,000 $123,850 $416,150
2022 $10,603 $517,401 $91,840 $425,561
2021 $9,329 $423,253 $56,230 $367,023
2020 $8,489 $385,154 $48,200 $336,954
2019 $7,738 $314,350 $48,200 $266,150
2018 $6,835 $276,400 $63,000 $213,400
2017 $3,550 $147,640 $20,410 $127,230
2016 $3,344 $139,100 $20,410 $118,690
2015 $1,601 $69,770 $15,120 $54,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4523623

Unlock MLS (Austin Board of REALTORS®)

APN: R48334