NOT LISTED FOR SALE

127 Old Bastrop Rd Cedar Creek, TX 78612

Estimated Value: $409,000 - $1,419,435

-- Bed
-- Bath
8,000 Sq Ft
$111/Sq Ft Est. Value

Last Sold August 08, 2022

Current estimated payment $5,691/month

32 Days on Market

Highlights

  • Horses Allowed On Property
  • Tile Flooring
  • Central Air
  • Shed

About This Home

As of August 2022

FANTASTIC & RARE opportunity to purchase a cash flowing mobile park community on almost 6 acres of land made up of prefab & mobile homes in a rapidly growing sector of the Austin Metroplex; 5 minutes to TESLA GIGAFACTORY & RETAIL DEVELOPMENT; 8 minutes to the airport; and easy access to major highways; DONT MISS THIS RARE OPPORTUNITY!!! PLEASE CALL OR TEXT TO SCHEDULE AN APPT. --UNAUTHORIZED SITE VISITS ARE NOT ALLOWED; Tenants are not to be disturbed

Last Agent to Sell the Property

Myung Lemond

Domain Realty, LLC License #0488738 Listed on: 02/12/2022

Last Buyer's Agent

Sudhakar Karumuri

SKTX Inc License #0652623

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $12,093

Year Built

  • Built in 1994

Lot Details

  • 5.95

Home Design

  • 8,000 Sq Ft Home

Flooring

  • Tile
  • Vinyl

Parking

  • 24 Parking Spaces
  • Driveway

Mobile Home

Utilities

  • Central Air
  • Septic Tank

Additional Features

  • Washer and Dryer Hookup
  • Shed
  • 5.95 Acre Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number R26581
  • 2% Total Tax Rate

Community Details

Overview

  • 12 Buildings
  • Association Phone (512) 555-1212
  • Country Living Park Community
  • Navarro, Jose A Subdivision
  • Property managed by LMAT LLC

Building Details

  • Operating Expense $34,689
  • Net Operating Income $105,051

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$12,093

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Mobile Home Park
  • Building Area Total: 8000.00
  • Restrictions: See Remarks
  • Year Built: 1994
  • Acquisition Inclusion: Building & Land, Land & Improvements
  • Additional Parcels: No
  • Current Use: Investment, Manufactured Home, Residential
  • Directions: Go east on Hwy 71 about 9 miles from ABIA entrance, turn right on Tucker Hill Ln and then right again on Old Bastrop Rd. Property is on left, sign says "Country Living Park"
  • Disclosures: None
  • Estimated Taxes: 13850.00
  • ETJ Extra Territorial Jurdn: No
  • Existing Lease Type: Deposit Required, Fixed, Gross
  • FEMA Flood Plain: No
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Leasable Area: 8000
  • Occupancy Percent: 100
  • Other Equipment: None
  • Other Structures: Mobile Home, Shed(s), Storage
  • Road Surface Type: Concrete, PVD
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • View: None
  • Flooring: Tile, Vinyl
  • Management Company: LMAT LLC
  • Accessibility Features: None
  • Property Condition: See Remarks
  • Security Features: None

Exterior Features

  • Foundation: See Remarks
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • Parking Ratio: 3.00
  • Total Parking Spaces: 24.00

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Connected
  • Heating: See Remarks
  • Water Source: Public
  • Cooling: Central Air, Electric, See Remarks

Condo/Co-op/Association

  • Management Co Rep: see agent

Lot Info

  • Topography: leveled for the most part and slightly
  • Parcel Number: R26581
  • Lot Size Acres: 5.9450
  • Lot Size Sq Ft: 258964.20
  • Subdivision Name: Navarro, Jose A

Building Info

  • Building Features: Appliances, Electric Dryer Connections, Washer Dryer Connections
  • Building Name: Country Living Park
  • Construction Materials: See Remarks
  • New Construction: No
  • Number Of Buildings: 12

Multi Family

  • Gross Scheduled Income: 139740.00
  • Management Co Phone: (512) 555-1212
  • Net Operating Income: 105051.00
  • Operating Expense: 34689.00

Tax Info

  • Tax Rate: 2.12090000000000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Maddukuri Akkiah and Maddukuri Jayasree D
Bought by
Subhi Properties Llc
Current Estimated Value
$886,812

Purchase Details

Listed on
Feb 12, 2022
Closed on
Aug 2, 2022
Sold by
Iglesia Puerta Del Cielo De Austin Inc
Bought by
Maddukuri Akkiah C and Talluri Jayasree D
Seller's Agent
Myung Lemond
Domain Realty, LLC
Buyer's Agent
Sudhakar Karumuri
SKTX Inc
List Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.99%
Original Mortgage
$1,200,096
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2022
Closed on
Jul 20, 2022
Sold by
Jsc Mobile Park Llc
Bought by
Iglesia Puerta Del Cielo De Austin Inc
Seller's Agent
Myung Lemond
Domain Realty, LLC
Buyer's Agent
Sudhakar Karumuri
SKTX Inc
List Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,096
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Mark Loi and Trinh Alice
Bought by
Lmat Llc

Purchase Details

Closed on
Feb 6, 2009
Sold by
Torres Nelda Griffin and Torres Ray
Bought by
Mark Loi and Trinh Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.17%
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
Subhi Properties Llc -- --
Maddukuri Akkiah C -- Independence Title
Iglesia Puerta Del Cielo De Austin Inc -- Independence Title
Lmat Llc -- None Available
Mark Loi -- Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maddukuri Akkiah C $1,200,096
Previous Owner Jsc Mobile Park Llc $659,100
Previous Owner Mark Loi $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold -- -- --
03/16/2022 03/16/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $1,500,000 -- $188 / 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
2025 $12,093 $1,222,425 $309,140 $913,285
2024 $12,093 $1,222,425 $309,140 $913,285
2023 $12,093 $786,435 $401,882 $384,553
2022 $13,500 $775,771 $336,844 $438,927
2021 $0 $730,889 $176,369 $554,520
2019 $10,205 $500,000 $100,000 $400,000
2018 $11,687 $551,028 $111,469 $439,559
2017 $10,558 $519,934 $122,616 $397,318
2016 $10,742 $481,903 $111,469 $370,434
2015 $8,559 $457,978 $111,469 $346,509
2014 $8,559 $396,255 $59,450 $336,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8634388

Unlock MLS (Austin Board of REALTORS®)

APN: 26581