NOT LISTED FOR SALE

1203 Sarabeth Way Austin, TX 78721

East MLK Neighborhood

Estimated Value: $529,000 - $638,523

3 Beds
2.5 Baths
1,657 Sq Ft
$357/Sq Ft Est. Value

Highlights

  • Vaulted Ceiling
  • Quartz Countertops
  • Walk-In Closet
  • Wood Flooring
  • Private Yard
  • Home Security System

About This Home

As of August 2024

Welcome to 1203 Sarabeth Way, a recently completed new construction home with over 1,650 SQFT of air-conditioned living space. The energy-efficient house contains solar panels, electric charging, and spray-foam insulation. The floor plan of the ground level is both functional and spacious with an open floor plan containing a living room, dining room, and kitchen. The kitchen has stainless steel appliances, beautiful cabinetry, and an oversized pantry. A large window and door in the kitchen overlook the ample backyard and covered patio. A half bathroom is located off the one-car garage. The primary bedroom located upstairs features soaring vaulted ceilings, dual vanities, walk-in closet, and large shower. Two secondary bedrooms upstairs share a generously sized full bathroom. The laundry closet is upstairs. The Central-East location lends itself to easy access to Downtown ATX, UT Austin, and Mueller in just 10 minutes or less!

Last Agent to Rent the Property

David Rowe

David Rowe Properties LLC Brokerage Phone: (832) 622-6342 License #0731471 Listed on: 07/01/2024

David Rowe Properties LLC

Last Renter's Agent

Non Member

Non Member License #785011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,991

Year Built

  • Built in 2022

Lot Details

  • 3,498 Sq Ft Lot
  • West Facing Home
  • Private Yard
  • Back Yard

Parking

  • 1 Car Garage

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Smart Home
  • Carbon Monoxide Detectors

Schools

  • Norman-Sims Elementary School
  • Martin Middle School
  • Northeast Early College High School

Utilities

  • Central Air
  • High Speed Internet

Community Details

  • Penn Place Cottages Sec A Subdivision

Listing and Financial Details

  • Security Deposit $3,600
  • Tenant pays for all utilities
  • The owner pays for association fees
  • Negotiable Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 02091602730000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,991

Year Built

Built in 2022

Lot Details

0

Parking

1

Rental Info

  • Owner Pays: Association Fees
  • Tenant Pays: All Utilities
  • Pets Allowed: Negotiable
  • Available Date: 2024-07-01
  • App Deposit Payable To: RAJASHEKAR SUNDARAMURTHY
  • App Fee Payable To: RAJASHEKAR SUNDARAMURTHY
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Monthly Pet Rent: 30
  • Pet Deposit: 500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Direction Faces: West
  • Directions: Heading North on I-35, take the 6th-12th exit, turn right on 12th street. Head on 12th street. Go past the Airport Blvd ligth and Sarabeth Way on the right side a few street up the road.
  • Disclosures: See Remarks
  • Garage Spaces: 1
  • Lease Term: Negotiable
  • Levels: Two
  • Living Area: 1657
  • Attribution Contact: (832) 622-6342
  • Attribution Contact: (832) 622-6342
  • FEMA Flood Plain: No
  • Smoking Inside YN: 0
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Vaulted Ceiling(s), Quartz Counters, Pantry, Smart Home, Walk-In Closet(s)
  • Flooring: Concrete, Wood
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Range, Refrigerator, Washer/Dryer
  • Security Features: Carbon Monoxide Detector(s), Security System
  • ResoLivingAreaSource: Builder
  • Laundry Location: Laundry Closet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard
  • Pool Features: None
  • Private Pool: No
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, High Speed Internet, Natural Gas Available, Sewer Available, Water Available
  • Cooling: Central Air

Association/Amenities

  • Community Features: See Remarks

Condo/Co-op/Association

  • Managed By: Owner

Schools

  • Elementary School: Norman-Sims
  • High School: Northeast Early College
  • Middle/Junior School: Martin
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard
  • Parcel Number: 02091602730000
  • Lot Size Acres: 0.0803
  • Lot Size Sq Ft: 3497.87
  • Subdivision Name: Penn Place Cottages Sec A

Building Info

  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Psw Real Estate Llc
Bought by
Sundaramurthy Rajashekar and Rajashekar Vijayashree
Current Estimated Value
$591,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,405
Outstanding Balance
$386,932
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$204,199

Purchase Details

Closed on
Apr 21, 2020
Sold by
Psw Penn Place Llc
Bought by
Psw Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000,000
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
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
Sundaramurthy Rajashekar -- Heritage Title
Psw Real Estate Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundaramurthy Rajashekar $405,405
Previous Owner Psw Real Estate Llc $13,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Rented $3,500 -2.8% --
07/27/2024 07/27/24 Under Contract -- -- --
07/01/2024 07/01/24 For Rent $3,600 -- --
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 $12,991 $510,188 $206,250 $303,938
2023 $11,743 $666,874 $300,000 $366,874
2022 $7,760 $392,935 $240,000 $152,935
2021 $3,809 $175,000 $175,000 $0
2020 $938 $43,750 $43,750 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2024

    David Rowe

    David Rowe Properties LLC

    (832) 622-6342

    1 in this area

    45 Total Sales

    David Rowe
    Section Image

  • N

    Tenant's Agent in 2024

    Non Member

    Non Member

See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6078456

Unlock MLS (Austin Board of REALTORS®)

APN: 914204

Texas Travis County Austin 78721 East MLK

1203 Sarabeth Way, Austin, TX

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