NOT LISTED FOR SALE

1103 W Martin Luther King Dr 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

  • Main Floor Primary Bedroom
  • Central Heating
  • 5-minute walk to Dunbar Park
  • Corner Lot
  • Concrete Flooring

About This Home

As of July 2018

Spacious 2 Story Duplex! Unit 1 Is On The Left 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.Now Accepting Applications With A June or July Move In Date! 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.

Last Agent to Rent the Property

Sandra Spears

Tarpon Blue Real Estate License #0638211 Listed on: 01/25/2018

Last Renter's Agent

Sandra Spears

Tarpon Blue Real Estate License #0638211 Listed on: 01/25/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,008

Year Built

  • Built in 2017

Lot Details

  • Corner Lot

Home Design

  • 1,630 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Shingle Roof

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • Off-Street Parking

Utilities

  • Central Heating
  • Separate Meters
  • Separate Water Meter

Community Details

  • Property managed by Investors Property Mgmt

Listing and Financial Details

  • Security Deposit $1,800
  • Tenant pays for all bills
  • The owner pays for property tax
  • 12-Month Min and 24-Month Max 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: IPM
  • App Fee Payable To: IPM
  • Application Fee: 40
  • Application Policy: Best Qualified Application
  • Application Required: See Attached
  • First Month Rent Payable To: See Agent
  • Furnished: Unfurnished
  • Lease Guarantor: Yes
  • Lse Length Negotiable: Yes
  • Max Lease Months: 24
  • Min Lease Months: 12
  • Owner Pays: Property Tax
  • Pet Description: See Agent
  • Security Deposit: 1800
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Duplex
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 1630
  • Steps: Interior Garage
  • Stories: 2
  • Year Built Exception: New
  • Year Built: 2017
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.88889
  • Ratio Close Price By Sq Ft: 0.98
  • Ratio Current Price By Lot Size: 5536.33
  • Ratio Current Price By Sq Ft: 0.98
  • Ratio List Price By Sq Ft: 0.98
  • Special Features: NewHome
  • Year Built: 2017

Interior Features

  • Disability Features: No
  • Master Description: Full Bath
  • Main Level Bedrooms: 1
  • Interior Amenities: Master Downstairs
  • Dining Description: Liv/Din Combo
  • Laundry Facilities: Closet
  • Sprinkler System: No
  • Flooring: Concrete, Laminate
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Kitchen Appliances: Dishwasher, Range-Free Standing
  • Management Company: Investors Property Mgmt
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Num Parking Spaces: 4
  • Region: Kyle/Buda/San Marcos
  • Dryer: Yes
  • Refrigerator: Yes
  • Washer: Yes

Exterior Features

  • Pool on Property: No
  • Trees: Large (Over 40 Ft)
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Foundation: Slab

Garage/Parking

  • Parking Features: Common, Off Street

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity Available
  • Heating: Central Heat, Electric
  • Meter Description: Electric Separate, Water Separate
  • Water Source: City
  • Dryer Maintained: Yes

Condo/Co-op/Association

  • HOA: No
  • Managed By: Property Manager
  • Manager Phone: 512-722-3955
  • Pets: No

Fee Information

  • Per Person: Yes

Schools

  • School District: San Marcos ISD
  • Elementary A: Crockett
  • Intermediary: Yes
  • Middle Intermediate School: Doris Miller
  • High School: San Marcos

Lot Info

  • F E M A100 Yr Flood Plain: See Agent
  • Lot Features: Corner
  • Lot Size Area: 0.289
  • Parcel Number: 1196450200001003
  • M A P S C O Grid: A
  • M A P S C O Page: 858

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
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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
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
07/02/2018 07/02/18 Rented $1,600 0.0% --
06/05/2018 06/05/18 Under Contract -- -- --
05/22/2018 05/22/18 Price Changed $1,600 -3.0% $1 / Sq Ft
05/22/2018 05/22/18 Price Changed $1,650 -2.9% $1 / Sq Ft
02/06/2018 02/06/18 Price Changed $1,700 -5.6% $1 / Sq Ft
01/25/2018 01/25/18 For Rent $1,800 -- --
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: 8179883

Unlock MLS (Austin Board of REALTORS®)

APN: R48334