NOT LISTED FOR SALE

1109 Cedar Dr Marble Falls, TX 78654

Estimated Value: $301,462 - $494,000

5 Beds
2 Baths
2,240 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 24, 2020

Current estimated payment $2,537/month

254 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Heating Available
  • Central Air

About This Home

As of September 2020

This beautiful duplex in the Pecan Valley neighborhood of Marble Falls is an amazing investment opportunity! Unit A is a 2 bedroom, 1 bath. Unit B is a 3 bedroom, 1 bath. Both units are very spacious, fenced yards for privacy, and a great gazebo in the back yard ~ Perfect for entertaining! Unit A is leased for 24 months @ $1,050/mo. Unit B is currently leased for 12 months @ $1,350/mo. Updates include new sewer line, new plumbing PEX, insulation, water heaters, electrical wiring. HOA waterfront park and dock.

Last Agent to Sell the Property

Clay Byrne

Keller Williams Realty License #0469701 Listed on: 11/23/2019

Keller Williams Realty

Last Buyer's Agent

Non Member

HLAOR Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 75 x 186 x 87 x 188

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Municipal Utilities District Water
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Pecan Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035230

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.35 Acres

Listing Details

  • Reso Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Co List Office Mls Id: HLM187
  • Subdivision Name: Pecan Valley
  • Directions: Marble Falls - west on 3rd Street, Left on Avenue J - drive through the park and it turns in to Pecan Valley Drive; right on Cedar. Duplex on the right.
  • Reso Flooring: Carpet, Laminate Floating, Tile
  • Efficiency: Ceiling Fan(s)
  • Year Built: 1973
  • HLM_FloodZone: No
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_PropOwnFeeMand: Yes
  • HLM_PropOwnFeeFrequency: Annually
  • HLM_PropertyOwnersFee: $35
  • HLM_MiscExtras: Fireplace,Patio/Deck
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Washer Hookup, Electric Water Heater
  • Total Bedrooms: 5

Exterior Features

  • Roof: Metal
  • Acres: 0.35
  • Construction Type: Stone
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: MUD

Schools

  • Junior High Dist: Marble Falls

Lot Info

  • Lot Dimensions: 75 x 186 x 87 x 188
  • Lot Size Sq Ft: 14175
  • Parcel #: 035230

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2019
Closed on
Sep 24, 2020
Sold by
Reichert Jay
Bought by
Saenz Erika Elissa
Seller's Agent
Clay Byrne
Keller Williams Realty
Buyer's Agent
Non Member
HLAOR Non Member Office
List Price
$349,900
Current Estimated Value
$401,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$228,750
Outstanding Balance
$203,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$198,366

Purchase Details

Closed on
Jul 16, 2008
Sold by
Larson Exchange Llc
Bought by
Larsen Larry and Larsen Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Saenz Erika Elissa -- None Available
Larsen Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saenz Erika Elissa $228,750
Previous Owner Larsen Larry $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold -- -- --
07/29/2020 07/29/20 Price Changed $325,000 -7.1% $145 / Sq Ft
11/23/2019 11/23/19 For Sale $349,900 -- $156 / Sq Ft
Source: Highland Lakes Association 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 $5,115 $283,102 $20,582 $262,520
2024 $5,115 $283,102 $20,582 $262,520
2023 $5,115 $296,227 $20,582 $275,645
2022 $5,964 $296,227 $20,582 $275,645
2021 $5,680 $257,920 $20,582 $237,338
2020 $4,651 $209,914 $20,582 $189,332
2019 $3,426 $150,173 $20,582 $129,591
2018 $695 $30,000 $4,940 $25,060
2017 $700 $30,000 $4,940 $25,060
2016 $2,651 $113,588 $14,175 $99,413
2015 -- $71,834 $14,175 $57,659
2014 -- $84,830 $14,175 $70,655
Source: Public Records

Agents Affiliated with this Home

  • Clay Byrne

    Seller's Agent in 2020

    Clay Byrne

    Keller Williams Realty

    (512) 942-7880

    1 in this area

    243 Total Sales

    Clay Byrne
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    HLAOR Non Member Office

    Non Member
    Section Image
See All Agents

Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM150319

Highland Lakes Association of REALTORS®

APN: 35230

Texas Burnet County Marble Falls 78654

1109 Cedar Dr, Marble Falls, TX

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Highland Lakes Association of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.