NOT LISTED FOR SALE

Estimated Value: $388,426 - $456,000

-- Bed
-- Bath
2,427 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 28, 2019

Current estimated payment $2,993/month

7 Days on Market

About This Home

As of March 2019

Rare opportunity to own a multifamily property in San Marcos in one of the few neighborhoods that are zoned for such. Both units are currently leased with one of them being there since 2015. Since both units have current tenants all appointments to view the property will need to be scheduled at least 24 hours in advance.

Last Agent to Sell the Property

Thomas Ingle

Ingle Realty LLC License #0592628 Listed on: 03/04/2019

Last Buyer's Agent

Chase Jones

Agency Texas Inc License #0622256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,158

Year Built

  • Built in 1999

Lot Details

  • 8,494 Sq Ft Lot
  • Wood Fence

Parking

  • 4 Covered Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,427 Sq Ft Home
  • 2-Story Property

Schools

  • Crockett Elementary School
  • Doris Miller Middle School
  • San Marcos High School

Utilities

  • No Heating

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 29-A / P
  • Assessor Parcel Number 1142490P00029A03
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hughson Heights Sec 3 C Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,158

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2427.00
  • Restrictions: None
  • Unit Mix: 3/2.5
  • Year Built: 1999
  • Directions: When going North on RR 12 in San Marcos take a right on Craddock Ave right before the Walgreens. Go about .6 miles and take a right onto Sonora Trail. Take a left onto Cedargrove and it will be on your right.
  • Disclosures: See Remarks
  • Estimated Taxes: 5423.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Intermediary: No
  • Levels: Two
  • Living Area: 2427.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: None
  • View: None
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 4.00
  • Parking Features: None

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Heating: None
  • Meter Description: See Remarks
  • Water Source: See Remarks

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • School District: San Marcos ISD
  • Elementary School: Crockett
  • High School: San Marcos
  • Middle/Junior School: Doris Miller

Lot Info

  • Lot Features: None
  • Parcel Number: 1142490P00029A03
  • Lot Size Acres: 0.1950
  • Lot Size Sq Ft: 8494.20
  • Subdivision Name: Hughson Heights Sec 3-C

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2600.00
  • Pets Allowed: No

Building Info

  • Construction Materials: See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: P
  • Tax Filled Sqft Total: 2427
  • Tax Lot: 29-A
  • Tax Rate: 2.46170000000000
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Mar 26, 2019
Sold by
Ammolite Holdings Inc
Bought by
Miller John and Miller Jenny
Seller's Agent
Thomas Ingle
Ingle Realty LLC
Buyer's Agent
Chase Jones
Agency Texas Inc
List Price
$310,000
Current Estimated Value
$423,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$232,875
Outstanding Balance
$204,320
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$219,287

Purchase Details

Closed on
Aug 9, 2011
Sold by
Boehm Todd
Bought by
Ammolite Holdings Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller John -- None Available
Ammolite Holdings Inc -- San Marcos Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller John $232,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold -- -- --
03/11/2019 03/11/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $310,000 -- $128 / 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 $9,158 $344,515 $99,970 $244,545
2024 $9,158 $465,285 $99,970 $365,315
2023 $8,872 $466,460 $99,970 $366,490
2022 $6,557 $319,961 $84,720 $235,241
2021 $6,954 $315,490 $63,540 $251,950
2020 $5,891 $267,291 $63,540 $203,751
2019 $5,515 $224,030 $38,120 $185,910
2018 $5,448 $220,310 $38,120 $182,190
2017 $5,102 $212,190 $30,000 $182,190
2016 $4,804 $199,790 $30,000 $169,790
2015 $4,822 $199,790 $30,000 $169,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6010594

Unlock MLS (Austin Board of REALTORS®)

APN: R87481