$834,460 - $1,157,000
RENTED FEB 7, 2025

1503 Drake Ave Unit A Austin, TX 78704

SoCo Neighborhood
1 Bed
1 Bath
600 Sq Ft
$1,660 Price per Sq Ft

About This Home

Unique opportunity to live in a remodeled 1930's craftsman style home 2 blocks off of South Congress. Shared pool, fully furnished, all bills paid! Private, fenced yard. Unbeatable location. Flexible lease terms.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Drake Avenue Llc
Bought by
Camp Soco Llc
Current Estimated Value
$995,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,376,500
Outstanding Balance
$920,785
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$74,945

Purchase Details

Closed on
Apr 5, 2017
Sold by
Heinley Brandon J and Heinley Carrie F
Bought by
Camp Lucky Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2006
Sold by
Scruggs T M
Bought by
Heinley Brandon J and Heinley Carrie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Choban Anthony M
Bought by
Scruggs T M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,954
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 9, 2002
Sold by
Choban Anthony M and Mccray Patricia F
Bought by
Scruggs T M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,847
Interest Rate
6.76%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Camp Soco Llc -- Heritage Title
Camp Lucky Llc -- None Available
Heinley Brandon J -- Gracy Title Company
Scruggs T M -- --
Scruggs T M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camp Soco Llc $2,376,500
Previous Owner Camp Lucky Llc $450,000
Previous Owner Camp Lucky Llc $1,600,000
Previous Owner Heinley Brandon J $210,291
Previous Owner Heinley Brandon J $212,000
Previous Owner Scruggs T M $69,954
Previous Owner Scruggs T M $75,518
Previous Owner Scruggs T M $76,847
Previous Owner Choban Anthony M $165,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Rented $3,000 0.0% --
02/03/2025 02/03/25 For Rent $3,000 0.0% --
08/13/2024 08/13/24 Rented $3,000 +7.1% --
08/02/2024 08/02/24 Price Changed $2,800 -3.4% $5 / Sq Ft
07/19/2024 07/19/24 For Rent $2,900 -14.7% --
08/08/2022 08/08/22 Rented $3,400 0.0% --
08/02/2022 08/02/22 Price Changed $3,400 -2.9% $7 / Sq Ft
07/28/2022 07/28/22 For Rent $3,500 +105.9% --
03/22/2021 03/22/21 Rented $1,700 0.0% --
03/17/2021 03/17/21 Under Contract -- -- --
03/05/2021 03/05/21 For Rent $1,700 -26.1% --
01/06/2021 01/06/21 Rented $2,300 +21.1% --
12/18/2020 12/18/20 For Rent $1,900 -11.6% --
10/01/2020 10/01/20 Rented $2,150 +13.2% --
09/23/2020 09/23/20 Price Changed $1,900 -5.0% $4 / Sq Ft
06/28/2020 06/28/20 For Rent $2,000 0.0% --
03/28/2019 03/28/19 Rented $2,000 0.0% --
02/26/2019 02/26/19 Under Contract -- -- --
02/21/2019 02/21/19 For Rent $2,000 -- --

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 $19,620 $922,357 $880,000 $42,357
2022 $17,557 $888,994 $880,000 $8,994
2021 $15,047 $691,277 $495,000 $196,277
2020 $13,686 $638,090 $495,000 $143,090
2018 $13,159 $594,343 $495,000 $99,343
2017 $12,973 $581,708 $440,000 $141,708
2016 $11,934 $535,108 $412,500 $122,608
2015 $9,677 $527,240 $385,000 $142,240
2014 $9,677 $406,623 $350,000 $56,623
Source: Public Records

Agents Affiliated with this Home

  • Karen Kelly

    Seller's Agent in 2025

    Karen Kelly

    van Heuven Properties

    (512) 569-5878

    6 in this area

    70 Total Sales

    Karen Kelly
    Section Image
  • James Wilson

    Seller Co-Listing Agent in 2025

    James Wilson

    van Heuven Properties

    (256) 861-0063

    2 in this area

    50 Total Sales

    James Wilson
    Section Image
  • Jennifer Kim

    Buyer's Agent in 2024

    Jennifer Kim

    eXp Realty, LLC

    (512) 971-0299

    146 Total Sales

    Jennifer Kim
    Section Image
  • Alison Thorn

    Buyer's Agent in 2021

    Alison Thorn

    Spyglass Realty

    (512) 468-8543

    28 Total Sales

    Alison Thorn
    Section Image
  • Candace Comer

    Buyer's Agent in 2020

    Candace Comer

    MODUS Real Estate

    (512) 800-3460

    1 in this area

    74 Total Sales

    Candace Comer
    Section Image
See All Agents

Map

Texas Travis County Austin 78704 SoCo

1503 Drake Ave Unit A, Austin, TX

This home is located at 1503 Drake Ave Unit A, Austin, TX 78704 and is currently estimated at $995,730, approximately $1,659 per square foot. 1503 Drake Ave Unit A is a home located in Travis County with nearby schools including Travis Heights Elementary School, Premier High School At Travis, and St. Ignatius Martyr School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes