NOT LISTED FOR SALE

Estimated Value: $253,517 - $377,000

-- Bed
-- Bath
6,300 Sq Ft
$53/Sq Ft Est. Value

Last Sold September 27, 2013

Current estimated payment $2,199/month

120 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2013

Monster Cash Flow on this property, just sit back and collect a check! Four duplexes all units are 2x1's about 850 sq ft each with w/d conn, laminate wood floors throughout and fenced back yards. Recently painted interior and exterior plus a metal roof. Gross rent of 6,878 per month. Solid 8% cap rate. Turn key opportunity. Come see it!Restrictions: Yes Property Condition is As Is

Last Agent to Sell the Property

Tyler Williams

Land Up Realty & Investments License #0524816 Listed on: 03/26/2013

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,416

Lot Details

  • 6,708

Interior Spaces

  • 6,300 Sq Ft Home
  • 1-Story Property

Parking

  • 20 Parking Spaces
  • 20 Covered Spaces
  • Driveway

Additional Features

  • Corner Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1194354200594003
  • 2% Total Tax Rate

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Association Phone (512) 878-1792
  • Westover Subdivision
  • Property managed by Prime Propety MGT

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,416

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Multi Family
  • Building Area Total: 6300.00
  • Restrictions: City Restrictions
  • Directions: I-35 South Exit Wonder World, R at stop light, R on Hopkins, L on Bishop, R on Hazelton, R on Allen, L on Advance
  • Disclosures: See Remarks
  • Estimated Taxes: 9480.00
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: No
  • Guest Accommodation Description: None
  • New Loan Amount: 384900
  • Occupancy Percent: 100
  • Road Surface Type: Concrete
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Laundry Location: None
  • Management Company: Prime Propety MGT
  • Accessibility Features: None
  • Property Condition: See Remarks
  • Security Features: None
  • Spa Features: None
  • Stories: 1

Exterior Features

  • Exterior Features: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 20.00
  • Parking Features: None
  • Parking Ratio: 1.00
  • Total Parking Spaces: 20.00

Utilities

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

Condo/Co-op/Association

  • Management Co Rep: anyone there

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: Unknown
  • Lot Features: Corner Lot
  • Parcel Number: 1194354200594003
  • Subdivision Name: Westover

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None
  • Number Of Buildings: 4

Multi Family

  • Management Co Phone: (512) 878-1792
  • Number Of Units Total: 8

Tax Info

  • Tax Rate: 2.30000000000000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2011
Sold by
Miami Rental Search Llc
Bought by
Watermen Investments Llc
Current Estimated Value
$331,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,398
Outstanding Balance
$66,375
Interest Rate
5.06%
Mortgage Type
Seller Take Back
Estimated Equity
$265,254

Purchase Details

Closed on
Dec 24, 2008
Sold by
Jan Mohammad A
Bought by
Miami Rental Search Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,836
Interest Rate
6.08%
Mortgage Type
Stand Alone Second
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
Watermen Investments Llc -- Chicago Title Insurance Co
Miami Rental Search Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watermen Investments Llc $95,398
Previous Owner Miami Rental Search Llc $97,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold -- -- --
07/24/2013 07/24/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $579,000 -- $92 / 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 $5,416 $214,624 $41,110 $173,514
2024 $5,416 $275,194 $41,110 $234,084
2023 $4,660 $245,000 $41,110 $203,890
2022 $5,129 $250,279 $28,140 $222,139
2021 $4,513 $204,737 $25,460 $179,277
2020 $3,967 $180,000 $25,460 $154,540
2019 $3,989 $162,025 $25,460 $136,565
2018 $3,097 $125,230 $24,790 $100,440
2017 $2,947 $122,560 $14,070 $108,490
2016 $2,828 $117,610 $14,070 $103,540
2015 $2,838 $117,610 $14,070 $103,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8514839

Unlock MLS (Austin Board of REALTORS®)

APN: R47747