NOT LISTED FOR SALE

Estimated Value: $2,985,000

-- Bed
1 Bath
1,248 Sq Ft
$2,392/Sq Ft Est. Value

Last Sold July 29, 2021

Current estimated payment $16,585/month

2 Days on Market

Highlights

  • Estate
  • City View
  • Shed
  • Austin High School Rated A
  • No HOA
  • Fenced

About This Home

As of July 2021

Rare opportunity for savvy forward thinking investor. 1907 built home located on famous 6th street in Austin. Lot is zoned mixed use commercial. No need to inspect the interior of the improvements which are assumed to have no value. Property's highest and best use is redevelopment. Just 4 blocks east of Austin's Central business district. The Austin MSA is one of the fastest growing in the U.S. over the past several decades. This tract of land is mostly level, sloping upward to the ally at the rear. This site has good visibility from E. 6th and is above grade. TOD-NP Transit Oriented Development-Neighborhood Plan Combing District. Saltillo Plaza Metro is within walking distance of the subject property. NP allows for infill development through a council approved plan. TOD is located within Mixed Use Subdistrict

Last Agent to Sell the Property

Eddie Gawlik

Robinson Co., REALTORS License #0281147 Listed on: 06/18/2021

Last Buyer's Agent

Non Member

Non Member License #785011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,105

Lot Details

  • 6,403 Sq Ft Lot
  • Fenced
  • Level Lot
  • Mix use development. No value in improvements. Mostly level, tract slopes upward toward the rear ally, access to the property is from rear alley, site is above grade at 6th Street
  • Tear Down
  • Zoning described as TOD-NP Transit Oriented Development-Neighborhood Plan Combing District. Saltillo Plaza Metro is within walking distance of the subject property. NP allows for infill development through a council approved plan. TOD is located within Mixed Use Subdistrict

Parking

  • Alley Access

Home Design

  • Estate

Schools

  • Brooke Elementary School
  • Martin Middle School
  • Eastside Memorial High School

Additional Features

  • City Views
  • Shed

Community Details

  • No Home Owners Association
  • Division A Subdivision
  • The community has rules related to covenants, conditions, and restrictions, deed restrictions

Listing and Financial Details

  • Legal Lot and Block 10 / 1
  • Assessor Parcel Number 02050701100000
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,105

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: City Restrictions, Covenant, Deed Restrictions
  • Additional Parcels Description: Mix use development. No value in improvements. Mostly level, tract slopes upward toward the rear ally, access to the property is from rear alley, site is above grade at 6th Street
  • Additional Parcels: No
  • Builder Restricted: Yes
  • Commercial: Yes
  • Directions: From I H 35 exit 6th Street and head east. Property on left just past Waller Street.
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 8208.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced
  • Intermediary: No
  • Mineral: None
  • Other Structures: Shed(s)
  • Road Surface Type: APAVD, PVD
  • Special Listing Conditions: Estate
  • Title: Seller
  • Special Features: None

Interior Features

  • View: City
  • Property Condition: Tear Down

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Brooke
  • Middle School: Martin
  • High School: Eastside Memorial
  • Elementary School: Brooke
  • High School: Eastside Memorial
  • Middle/Junior School: Martin

Lot Info

  • Lot Features: Alley Access, Level, See Remarks
  • Topography: Mostly level; tract slopes upward toward the rear alley. Site is above grade at the 6th Street
  • Parcel Number: 02050701100000
  • Lot Size Acres: 0.1470
  • Lot Size Sq Ft: 6403.32
  • Subdivision Name: Division A
  • Surface Water: No
  • Zoning Description: TOD-NP Transit Oriented Development-Neighborhood Plan Combing District. Saltillo Plaza Metro is within walking distance of the subject property. NP allows for infill development through a council approved plan. TOD is located within Mixed Use Subdistrict

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 1
  • Tax Lot: 10
  • Tax Rate: 2.14486000000000
  • Tax Year: 2020
  • Tax Annual Amount: 2105.00
  • Tax Exemptions: Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 29, 2021
Sold by
Lara Paul Julian and Sanchez Beatrice Newton
Bought by
Joseph M Cater
Seller's Agent
Eddie Gawlik
Robinson Co., REALTORS
Buyer's Agent
Non Member
Non Member
List Price
$2,300,000
Current Estimated Value
$2,985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$2,150,000
Outstanding Balance
$1,960,091
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$779,909

Purchase Details

Closed on
May 19, 2021
Sold by
Cantu Emilio Gonzales and Cantu Emilio
Bought by
Cantu Mechael and Delgadillo Rita Cantu

Purchase Details

Closed on
May 15, 2021
Sold by
Cantu Emilio
Bought by
Cantu Michael and Delgadillo Rita Cantu
Source: Public Records

Range of Values:

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
Joseph M Cater -- None Listed On Document
Cantu Mechael -- None Available
Cantu Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph M Cater $2,150,000
Closed Joseph M Cater $2,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold -- -- --
06/28/2021 06/28/21 Off Market -- -- --
06/20/2021 06/20/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $2,300,000 -- $1,843 / 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
2023 $8,918 $450,000 $450,000 $0
2022 $8,887 $450,000 $450,000 $0
2021 $9,163 $420,944 $350,000 $218,655
2020 $8,208 $382,676 $350,000 $143,871
2018 $7,002 $316,261 $300,000 $107,937
2017 $6,412 $287,510 $275,000 $113,322
2016 $5,829 $261,373 $200,000 $153,138
2015 $1,382 $237,612 $200,000 $141,726
2014 $1,382 $216,011 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6337865

Unlock MLS (Austin Board of REALTORS®)

APN: 192885