NOT LISTED FOR SALE

13808 W Fm 1431 Kingsland, TX 78639

Estimated Value: $463,000

2 Beds
2 Baths
3,200 Sq Ft
$145/Sq Ft Est. Value

Last Sold December 18, 2019

Current estimated payment $2,663/month

181 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • Wood Fence
  • Covered Patio or Porch
  • Central Air

About This Home

As of December 2019

MOTIVATED SELLER! Great investment opportunity in Kingsland, Texas! The profitable and established Lake LBJ Laundromat is conveniently located in the heart of the Highland Lakes Area. This sale includes the business, equipment, and prime real estate on FM 1431. Since the laundromat's inception in 2007, the owner has invested wisely in high quality equipment, which help make this the local favorite. On the second floor, there is a 1360 sq. ft. 2 bedroom, 2 bath apartment for the new owner to live in, or rent for additional income. The apartment has it's own private stairway and deck that overlook the large backyard.

Last Agent to Sell the Property

Andrew Virdell

Landmasters Real Estate License #0624479 Listed on: 04/08/2019

Co-Listed By

Natalie Virdell

Landmasters Real Estate License #0676262

Last Buyer's Agent

Chad Thibodeaux

RE/MAX HORSESHOE BAY RESORT SA License #0423439

RE/MAX HORSESHOE BAY RESORT SA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 1968

Lot Details

  • 0.36 Acre Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • Kingsland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056222

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Reso Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Farm to Market/Ranch Rd, Paved Road
  • Co List Office Mls Id: HLM27
  • Co List Office Phone: 325-388-4531
  • Co List Office Mls Id: HLM27
  • Subdivision Name: Kingsland
  • Directions: Heading East on 1431 from Kingsland, Property is on the left before you go up Lookout Mountain
  • Reso Flooring: Carpet, Stained Concrete, Tile
  • Year Built: 1968
  • HLM_LandType: Commercial Potential
  • HLM_SingleLevelLiving: Yes
  • HLM_FloodZone: Unknown
  • HLM_ShortSale: No
  • HLM_REOForeclosure: No
  • HLM_Waterfront: No
  • HLM_NumberOfResidences: 1
  • HLM_GolfCourseLot: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Metal
  • Fencing: Wood
  • Acres: 0.36
  • Construction Type: Block, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: Marble Falls

Lot Info

  • Lot Dimensions: .36 Acres
  • Lot Size Sq Ft: 15681
  • Parcel #: 056222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Dec 18, 2019
Sold by
Gaffney Joseph Michael
Bought by
Lbj Waschwerks Llc
Seller's Agent
Andrew Virdell
Landmasters Real Estate
Buyer's Agent
Chad Thibodeaux
RE/MAX HORSESHOE BAY RESORT SA
List Price
$325,000
Current Estimated Value
$463,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$219,000
Outstanding Balance
$193,080
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$359,920

Purchase Details

Closed on
Dec 18, 2006
Sold by
Dawkins Arnold P and Dawkins Stacy W
Bought by
Gaffney Joseph Michael and Gaffney Joseph Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.31%
Mortgage Type
Commercial
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
Lbj Waschwerks Llc -- None Available
Gaffney Joseph Michael -- Note Abaible
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lbj Waschwerks Llc $219,000
Previous Owner Gaffney Joseph Michael $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2024 12/21/24 Off Market -- -- --
12/18/2019 12/18/19 Sold -- -- --
10/06/2019 10/06/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $315,000 -3.1% $98 / Sq Ft
04/08/2019 04/08/19 For Sale $325,000 -- $102 / Sq Ft
Source: Highland Lakes Association 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 $2,882 $197,765 $13,613 $184,152
2024 $2,882 $196,967 $13,613 $183,354
2023 $2,882 $196,967 $13,613 $183,354
2022 $2,974 $175,098 $15,245 $159,853
2021 $2,549 $139,847 $15,245 $124,602
2020 $2,377 $126,999 $15,245 $111,754
2019 $2,348 $121,070 $15,245 $105,825
2018 $2,296 $116,608 $15,245 $101,363
2017 $2,086 $103,223 $15,245 $87,978
2016 $3,233 $159,947 $9,147 $150,800
2015 -- $159,947 $9,147 $150,800
2014 -- $158,617 $9,147 $149,470
Source: Public Records

Agents Affiliated with this Home

  • Andrew Virdell

    Seller's Agent in 2019

    Andrew Virdell

    Landmasters Real Estate

    (325) 388-4531

    76 in this area

    156 Total Sales

    Andrew Virdell
    Section Image
  • Natalie Virdell

    Seller Co-Listing Agent in 2019

    Natalie Virdell

    Landmasters Real Estate

    (512) 940-6918

    63 in this area

    139 Total Sales

    Natalie Virdell
    Section Image
  • Chad Thibodeaux

    Buyer's Agent in 2019

    Chad Thibodeaux

    RE/MAX

    (512) 755-1606

    6 in this area

    183 Total Sales

    Chad Thibodeaux
    Section Image
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Map

Source: Highland Lakes Association of REALTORS®

MLS Number: HLM147608

Highland Lakes Association of REALTORS®

APN: 56222

Texas Burnet County Kingsland 78639

13808 W Fm 1431, Kingsland, TX

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