Seller's Agent in 2024
Ian Williams
Real Broker, LLC
(512) 329-7006
2 in this area
69 Total Sales
1201 Gregory Ln Unit 1203 Round Rock, TX 78664
Stony Point NeighborhoodEstimated Value: $439,000 - $494,000
--
Bed
4
Baths
2,253
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- High Ceiling
- 2 Car Attached Garage
- Wooded Lot
- No HOA
- Walk-In Closet
About This Home
As of May 2024Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation.Key Features:Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal.Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history.Income Potential: Competitive rental income with scope for future increases.Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options.Community Amenities: Close proximity to parks, recreational facilities, and community centers.Stable cash flow with upward trending rental market.Potential for asset appreciation in a high-demand area.Opportunity for portfolio diversification.Low vacancy rates with a strong tenant retention history.The properties have been managed by a professional property management team, ensuring a hassle-free investment experience. This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.For all offers, please submit at this link:
Last Agent to Sell the Property
Real Broker, LLC Brokerage Phone: (512) 960-3253 License #0660318 Listed on: 03/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,537
Year Built
- Built in 1993
Lot Details
- 9,278 Sq Ft Lot
- East Facing Home
- Privacy Fence
- Wooded Lot
- Back Yard Fenced and Front Yard
- Property is in average condition
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- Walk-In Closet
- 2,253 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Blinds
- Living Room with Fireplace
- 2 Fireplaces
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Free-Standing Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Accessible Home Design
- No Interior Steps
Schools
- Union Hill Elementary School
- Hopewell Middle School
- Stony Point High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- ENERGY STAR Qualified Water Heater
Listing and Financial Details
- The owner pays for taxes
- Assessor Parcel Number 163577000D0039
- Tax Block D
Community Details
Overview
- No Home Owners Association
- Chapel Hill North Sec 03 Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
May 30, 2024
Sold by
Thomas Stephen Michael and Thomas Leah
Bought by
Keller Rodney
Seller's Agent
Ian Williams
Real Broker, LLC
Buyer's Agent
Austin Moore
Central Metro Realty
List Price
$485,000
Sold Price
$479,000
Premium/Discount to List
-$6,000
-1.24%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,754
Avg. Annual Appreciation
-3.50%
Original Mortgage
$470,324
Interest Rate
7.1%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 26, 2024
Sold by
1201 Gregory Llc
Bought by
Thomas Stephen Michael
Purchase Details
Closed on
Nov 15, 2017
Sold by
Thomas Stephen Michael
Bought by
1201 Gregory Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2017
Sold by
Blue Jay Enterprises Ltd
Bought by
Thomas Stephen Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keller Rodney | -- | Real Title | |
| Thomas Stephen Michael | -- | None Listed On Document | |
| 1201 Gregory Llc | -- | None Available | |
| Thomas Stephen Michael | -- | Itc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keller Rodney | $473,615 | |
| Closed | Keller Rodney | $470,324 | |
| Previous Owner | Thomas Stephen Michael | $224,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | -- | -- | -- |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $485,000 | 0.0% | $215 / Sq Ft |
| 07/24/2020 07/24/20 | Rented | $1,400 | 0.0% | -- |
| 06/23/2020 06/23/20 | Under Contract | -- | -- | -- |
| 05/18/2020 05/18/20 | For Rent | $1,400 | +5.7% | -- |
| 06/23/2017 06/23/17 | Rented | $1,325 | 0.0% | -- |
| 06/07/2017 06/07/17 | Under Contract | -- | -- | -- |
| 06/05/2017 06/05/17 | Price Changed | $1,325 | -1.9% | $1 / Sq Ft |
| 05/22/2017 05/22/17 | For Rent | $1,350 | +8.0% | -- |
| 09/25/2015 09/25/15 | Rented | $1,250 | 0.0% | -- |
| 09/24/2015 09/24/15 | Under Contract | -- | -- | -- |
| 09/09/2015 09/09/15 | For Rent | $1,250 | +24.4% | -- |
| 08/10/2012 08/10/12 | Rented | $1,005 | +1.0% | -- |
| 08/09/2012 08/09/12 | Under Contract | -- | -- | -- |
| 08/03/2012 08/03/12 | For Rent | $995 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,537 | $481,908 | $77,000 | $404,908 |
| 2023 | $7,877 | $449,053 | $77,000 | $372,053 |
| 2022 | $9,723 | $512,711 | $77,000 | $435,711 |
| 2021 | $8,512 | $379,203 | $59,000 | $320,203 |
| 2020 | $7,650 | $338,887 | $53,278 | $285,609 |
| 2019 | $6,558 | $284,074 | $48,600 | $235,474 |
| 2018 | $6,751 | $292,427 | $41,730 | $250,697 |
| 2017 | $5,654 | $239,982 | $39,000 | $200,982 |
| 2016 | $5,274 | $218,488 | $39,000 | $179,488 |
| 2015 | $3,867 | $198,800 | $33,000 | $165,800 |
| 2014 | $3,867 | $164,353 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Williams
-
Austin Moore
Buyer's Agent in 2024
Austin Moore
Central Metro Realty
(720) 224-4283
1 in this area
19 Total Sales
-
Sam Archer
Seller's Agent in 2020
Sam Archer
RAM Austin Property Management
(512) 633-4650
1 in this area
75 Total Sales
-
Madison Melser
M
Buyer's Agent in 2020
Madison Melser
RAM Austin Property Management
(817) 996-5386
-
Marc Witmer
M
Seller's Agent in 2017
Marc Witmer
Austin Landmark Prop. Services
(512) 736-2644
2 in this area
16 Total Sales
-
Sarah Thompson
Buyer's Agent in 2017
Sarah Thompson
CB&A, Realtors
(805) 832-9798
1 in this area
22 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3247593
APN: R092505
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