NOT LISTED FOR SALE

Estimated Value: $409,000 - $495,000

Studio
2 Baths
1,440 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 24, 2021

Current estimated payment $3,010/month

97 Days on Market

Highlights

  • Tile Flooring
  • Wood Fence
  • Property has 1 Level
  • Central Heating and Cooling System

About This Home

As of March 2021

Don’t miss the opportunity to invest in one of the hottest markets in the country! This cash flowing duplex offers endless opportunities. The SF3 lot offers multiple long term options (several new builds in the immediate vicinity), it has steady cashflow, and with a simple rehab you can raise rents to $1500+. This one wont last long and is priced competitively for the savvy investor!

Last Agent to Sell the Property

Zachary Barton

Realty Texas LLC License #0670908 Listed on: 11/16/2020

Realty Texas LLC

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,660

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Wood Fence

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring
  • Electric Range

Schools

  • SIMS Elementary School
  • Gus Garcia Young Men's Leadership Academy Middle School

Utilities

  • Central Heating and Cooling System
  • No Septic System

Community Details

  • 2 Units
  • Flournoy Heights Sec 01 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 204653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,660

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Architectural Style: None
  • Directions: From U.S. 290 Frontage Rd, Head east toward Ed Bluestein Blvd, Slight right onto Ed Bluestein Blvd, Turn right onto Manor Rd, Keep left to stay on Manor Rd, Continue onto Springdale Rd, House is on the right.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.16
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex,Multi Family
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Building Stories: 1
  • Subdivision Name: Flournoy Heights Sec 01
  • Water Body Name: None
  • Year Built: 1964
  • Special Features: None
  • Stories: 1

Interior Features

  • Accessibility Features: None
  • Appliances: Electric Range
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Living Area: 1440.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Wood Siding
  • Fencing: Wood
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Level
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: None
  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Schools

  • Elementary School: Sims Elementary School
  • Junior High Dist: Austin ISD
  • Middle Or Junior School: Gus Garcia Young Men's Leadership Academy

Lot Info

  • Parcel #: 204653
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6660.0
  • Tax Block: A
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 22, 2021
Sold by
Otomi Kazrol Property Group Llc
Bought by
Kumar Roshan
Seller's Agent
Zachary Barton
Realty Texas LLC
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$400,000
Current Estimated Value
$444,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$392,755
Outstanding Balance
$352,256
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$104,963

Purchase Details

Closed on
Nov 6, 2020
Sold by
Cash Home Investors Llc
Bought by
Otomi Karol Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 1997
Sold by
Mccumber Gary R
Bought by
Zappe Robert G and Zappe Priscilla

Purchase Details

Closed on
Oct 3, 1995
Sold by
Gonzales Roger and Gonzales Cynthia
Bought by
Oak Lane Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1995
Sold by
Oak Lane Investments
Bought by
Mccumber Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
9.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Kumar Roshan -- None Available
Otomi Karol Property Group Llc -- None Available
Cash Home Investors Llc -- None Available
Zappe Robert G -- --
Oak Lane Investments -- Longhorn Title Co Inc
Mccumber Gary R -- Fidelity National Title Ins
Mccumber Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Roshan $392,755
Previous Owner Otomi Karol Property Group Llc $420,000
Previous Owner Mccumber Gary R $45,900
Previous Owner Mccumber Gary R $43,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold -- -- --
02/22/2021 02/22/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $400,000 -- $278 / Sq Ft
Source: Central Texas MLS (CTXMLS)

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 $8,531 $436,322 $262,130 $174,192
2023 $8,539 $471,943 $300,000 $171,943
2022 $10,224 $517,702 $300,000 $217,702
2021 $7,094 $325,901 $175,000 $150,901
2020 $6,660 $310,500 $175,000 $135,500
2018 $5,627 $254,140 $175,000 $79,140
2017 $4,566 $204,756 $150,000 $54,756
2016 $4,269 $191,443 $100,000 $91,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 426632

Central Texas MLS (CTXMLS)

APN: 204653