$499,900
SOLD OCT 11, 2024
Last list price
-- Bed
-- Bath
1,802 Sq Ft
7,998 Sq Ft Lot

Recently Sold

$277 Per Sq Ft

8 Days on Market

Highlights

  • Living Room with Fireplace
  • Cul-De-Sac
  • 1-Story Property
  • No HOA
  • Shed
  • South Facing Home

About This Home

As of October 2024

Don't miss out on this exceptional investment opportunity located in the highly sought-after 78704 zip code of Austin, TX. This duplex, built in 1972, presents a unique chance to own a multi-family property in one of Austin's most vibrant neighborhoods. With two distinct units, Unit A and Unit B, this property offers versatility and promise for both investors and homeowners alike.

Unit A, is in need of significant work. Unit B, on the other hand, is in fair condition.

Sitting on a generous 7997 square foot lot, the duplex offers plenty of outdoor space for both units. The expansive yard can be developed into a shared oasis or divided to provide private outdoor areas for each unit.

Located in the dynamic 78704 area, 1402 Valleyridge Cir is surrounded by an eclectic mix of trendy restaurants, unique shops, and entertainment options. This neighborhood is renowned for its vibrant community and convenient access to downtown Austin, making it an ideal location for attracting renters or enjoying urban living. Highly regarded schools, nearby parks, and green spaces add to the property's appeal, providing excellent educational and recreational opportunities.

Investing in 1402 Valleyridge Cir means not only owning property in one of Austin's most desirable areas but also the chance to increase its value through renovation and strategic updates.

Last Agent to Sell the Property

Trevor Genz

Spyglass Realty Brokerage Phone: (512) 759-0889 License #0782837 Listed on: 09/04/2024

Spyglass Realty

Last Buyer's Agent

Jason Soto

Spyglass Realty License #0569695

Spyglass Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,453

Year Built

  • Built in 1972

Lot Details

  • 7,998 Sq Ft Lot
  • Cul-De-Sac
  • South Facing Home
  • Back Yard Fenced
  • Property is in average condition

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Schools

  • Galindo Elementary School
  • Lively Middle School
  • Travis High School

Additional Features

  • Shed
  • Sewer Connected

Listing and Financial Details

  • Assessor Parcel Number 04050804110000

Community Details

Overview

  • No Home Owners Association
  • Southridge Sec 05 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,453

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Direction Faces: South
  • Directions: Head S on South Lamar Blvd, Turn left onto Del Curto Rd, Turn right toward Clawson Rd, Turn left onto Southridge Dr, Turn right onto Valleyridge Cir, Property is on the right
  • Disclosures: Lead Base Paint Addendum, See Remarks
  • Fencing: Back Yard, Fenced
  • Fireplaces: 2
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1802
  • Other Equipment: None
  • Other Structures: Shed(s)
  • Special Listing Conditions: See Remarks
  • Attribution Contact: (512) 759-0889
  • Attribution Contact: (512) 759-0889
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12182.00
  • FEMA Flood Plain: No
  • Restrictions: See Remarks
  • Tax Exemptions: None
  • Unit Mix: 2/1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • ACT_MonthToMonthYN: 0
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Laminate Counters
  • View: None
  • Flooring: Laminate
  • Fireplace Features: Living Room
  • Accessibility Features: See Remarks
  • Appliances: Dishwasher, Disposal, Range
  • Property Condition: Resale, Average
  • Security Features: None
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Garage

Exterior Features

  • Exterior Features: None
  • Roof: Shingle
  • Foundation: Slab
  • Patio And Porch Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: See Remarks

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: See Remarks
  • Water Source: Public
  • Cooling: See Remarks
  • Meter Description: See Remarks

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Galindo
  • High School: Travis
  • Middle/Junior School: Lively
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Cul-De-Sac
  • Parcel Number: 04050804110000
  • Lot Size Acres: 0.1836
  • Lot Size Sq Ft: 7997.62
  • Subdivision Name: Southridge Sec 05

Rental Info

  • Owner Pays: None
  • Pets Allowed: No Restrictions

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12452.74
  • Tax Map Number: 14
  • Tax Filled Sqft Total: 2478
  • Tax Rate: 1.77000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 7, 2024
Sold by
Chyzy Special Needs Trust and Wallace Robert
Bought by
Arjs Holdings Llc
Seller's Agent
Trevor Genz
Spyglass Realty
Buyer's Agent
Jason Soto
Spyglass Realty
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.41%
Original Mortgage
$480,000
Outstanding Balance
$203,765
Interest Rate
6.46%
Mortgage Type
Construction
Estimated Equity
$669,937

Purchase Details

Closed on
Jul 13, 2001
Sold by
Brown Carole
Bought by
Brown Carole
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Wfg Title Insurance
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $800,000 -2.4% $444 / Sq Ft
06/24/2025 06/24/25 Price Changed $820,000 -3.5% $455 / Sq Ft
06/10/2025 06/10/25 Price Changed $850,000 -3.4% $472 / Sq Ft
05/01/2025 05/01/25 Price Changed $880,000 -1.7% $488 / Sq Ft
04/02/2025 04/02/25 Price Changed $895,000 -0.6% $497 / Sq Ft
03/05/2025 03/05/25 Price Changed $900,000 -2.7% $499 / Sq Ft
02/19/2025 02/19/25 For Sale $925,000 +85.0% $513 / Sq Ft
10/11/2024 10/11/24 Sold -- -- --
09/04/2024 09/04/24 For Sale $499,900 -- $277 / 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 $13,640 $876,046 $500,000 $376,046
2022 $15,067 $762,933 $500,000 $262,933
2021 $12,476 $573,175 $300,000 $273,175
2020 $10,884 $507,423 $300,000 $207,423
2018 $10,965 $495,251 $300,000 $195,251
2017 $10,246 $459,437 $275,000 $184,437
2016 $8,571 $384,343 $230,000 $154,343
2015 $7,187 $372,811 $160,000 $212,811
2014 $7,187 $302,006 $190,000 $112,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5413573

Unlock MLS (Austin Board of REALTORS®)

APN: 307769