Seller's Agent in 2018
Dave Bair
Berkshire Hathaway TX Realty
(512) 423-0456
56 Total Sales
1205 Lorrain St Austin, TX 78703
Clarksville NeighborhoodEstimated Value: $2,021,000
--
Bed
4
Baths
3,824
Sq Ft
$529/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Mature Trees
- No HOA
- Mathews Elementary School Rated A
- Wood Flooring
- 4-minute walk to West Austin Park
About This Home
As of July 2018This is a meticulously maintained cool triplex in one of the most desirable neighborhoods near Downtown. Historically low vacancy and attractive financial upside make this a great investment. Total monthly rental income is $6,500. It's beautifully landscaped with native vegetation, and has no known deferred maintenance. The units are fully leased and have had frequent updates with classic Clarksville character in mind. Truly a rare investment property in Central Austin.Restrictions: Yes
Last Agent to Sell the Property
Berkshire Hathaway TX Realty License #0244388 Listed on: 06/06/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,727
Year Built
- Built in 1956
Lot Details
- 8,015 Sq Ft Lot
- Lot Dimensions are 60x135
- Privacy Fence
- Fenced
- Xeriscape Landscape
- Level Lot
- Mature Trees
Parking
- 3 Covered Spaces
Home Design
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 3,824 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Data
- Living Room
Kitchen
- Oven
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Laundry in multiple locations
- Washer and Dryer Hookup
Outdoor Features
- Porch
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Shared Water Meter
Community Details
- No Home Owners Association
- 3 Units
- Shelley Heights Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Legal Lot and Block 3 / G
- Assessor Parcel Number 01100112090000
- 2% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2021
Sold by
Tully John David and Tully Lisa
Bought by
Tully Sharon A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$694,222
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,326,778
Purchase Details
Listed on
Jun 6, 2018
Closed on
Jul 20, 2018
Sold by
Page Heather and Mcmullen Todd
Bought by
Tully John David and Tully Lisa
Seller's Agent
Dave Bair
Berkshire Hathaway TX Realty
Buyer's Agent
Amy Reinarz
Compass RE Texas, LLC
List Price
$1,295,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$927,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 2, 2004
Sold by
Levarg Mark Z and Teibel Rosanne
Bought by
Mcmullen Todd and Page Heather
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 1996
Sold by
Levbarg Mark Z
Bought by
Teibel Rosanne
Purchase Details
Closed on
May 26, 1995
Sold by
Levbarg Mark Z
Bought by
Levbarg Mark Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Tully Sharon A | -- | Capital Title | |
| Tully John David | -- | Trinity Title | |
| Mcmullen Todd | -- | Chicago Title Insurance Comp | |
| Teibel Rosanne | -- | -- | |
| Levbarg Mark Z | -- | Austin Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tully Sharon A | $765,000 | |
| Closed | Tully John David | $795,000 | |
| Closed | Tully John David | $927,500 | |
| Previous Owner | Page Heather Ann | $521,600 | |
| Previous Owner | Mcmullen Todd | $380,000 | |
| Previous Owner | Levbarg Mark Z | $80,000 | |
| Closed | Mcmullen Todd | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2018 07/20/18 | Sold | -- | -- | -- |
| 06/10/2018 06/10/18 | Pending | -- | -- | -- |
| 06/06/2018 06/06/18 | For Sale | $1,295,000 | -- | $339 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $25,841 | $1,438,360 | $843,858 | $594,502 |
| 2023 | $23,960 | $1,514,963 | $0 | $0 |
| 2022 | $27,513 | $1,393,116 | $0 | $0 |
| 2021 | $27,176 | $1,248,500 | $550,000 | $698,500 |
| 2020 | $25,833 | $1,204,406 | $550,000 | $654,406 |
| 2018 | $21,874 | $988,000 | $687,500 | $300,500 |
| 2017 | $13,827 | $620,000 | $467,500 | $152,500 |
| 2016 | $17,581 | $788,354 | $440,000 | $348,354 |
| 2015 | $14,517 | $671,000 | $330,000 | $341,000 |
| 2014 | $14,517 | $610,000 | $300,000 | $310,000 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Bair
-
Amy Reinarz
Buyer's Agent in 2018
Amy Reinarz
Compass RE Texas, LLC
(512) 589-0953
1 in this area
56 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3761629
APN: 109143
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