NOT LISTED FOR SALE

12018 E Highway 290 Austin, TX 78737

Estimated Value: $600,000 - $1,077,000

1 Acre
$839,525 Price per Acre
43,560 Sq Ft Lot

Last Sold August 21, 2019

Current estimated payment $4,651/month

32 Days on Market

About This Lot

As of August 2019

Excellent development potential; less than 1000' to HEB owned 60 ac parcel at corner of Hwy 290 and Nutty Brown Rd, and less than 2000' from Endeavor's Belterra Village retail center.

Last Agent to Sell the Property

Ben Sorrell

Stanberry REALTORS License #0245626 Listed on: 06/25/2019

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,068

Lot Details

  • 1 Acre Lot
  • Lot Sloped Down
  • The community has rules related to exclusive easements

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces

Utilities

  • No Cooling
  • No Heating
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 04157701450000
  • 2% Total Tax Rate

Community Details

Overview

  • Association Phone (432) 386-5959
  • Property managed by CEDAR VALLEY PLAZA

Amenities

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$3,068

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Ranch
  • Restrictions: Easement
  • Acquisition Inclusion: Land Only
  • Current Use: See Remarks
  • Directions: Approx 6 miles west of the intersection of Hwy 71 W and Hwy 290 W in Oak Hill. On NW side of hwy across from Cedar Valley Exxon, just west of Cedar Valley Spirits.
  • Estimated Taxes: 3068.00
  • ETJ Extra Territorial Jurdn: Yes
  • Existing Lease Type: Fixed, Gross
  • FEMA Flood Plain: No
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Lease Expiration: 2020-09-30
  • Property Panorama: No
  • Road Surface Type: PVD
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: None
  • Management Company: CEDAR VALLEY PLAZA
  • Accessibility Features: None
  • Property Condition: See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 10.00
  • Parking Features: None
  • Parking Ratio: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Heating: None
  • Water Source: Water Line Available
  • Cooling: None

Condo/Co-op/Association

  • Management Co Rep: KIM

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: Unknown
  • Lot Features: Rolling Slope, Sloped Down
  • Topography: Sloping
  • Parcel Number: 04157701450000
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None

Multi Family

  • Management Co Phone: (432) 386-5959

Tax Info

  • Tax Rate: 1.85372000000000
  • Tax Year: 2018
  • Tax Annual Amount: 3068.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 20, 2019
Sold by
Cedar Valley Plaza Inc
Bought by
Cnbk Investments Llc
Seller's Agent
Ben Sorrell
Stanberry REALTORS
Buyer's Agent
Non Member
Non Member
List Price
$499,000
Current Estimated Value
$839,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$820,000
Outstanding Balance
$718,168
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$121,357

Purchase Details

Closed on
Sep 26, 1995
Sold by
Redinger Joe M and Redinger Kathleen
Bought by
Cedar Valley Plaza Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Cnbk Investments Llc -- Corridor Title Llc
Cedar Valley Plaza Inc -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cnbk Investments Llc $820,000
Previous Owner Cedar Valley Plaza Inc $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2019 08/21/19 Sold -- -- --
07/27/2019 07/27/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $499,000 -- --
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 $2,713 $566,280 $566,280 --
2023 $7,947 $566,280 $566,280 $0
2022 $6,783 $435,600 $435,600 $0
2021 $7,408 $435,600 $435,600 $0
2020 $3,881 $217,800 $217,800 $0
2018 $3,094 $165,528 $165,528 $0
2017 $2,468 $130,680 $130,680 $0
2016 $2,056 $108,900 $108,900 $0
2015 $2,167 $108,900 $108,900 $0
2014 $2,167 $108,900 $108,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6187341

Unlock MLS (Austin Board of REALTORS®)

APN: 324680