NOT LISTED FOR SALE

1507 Drake Ave Unit B Austin, TX 78704

SoCo Neighborhood

Estimated Value: $1,024,000

1 Bed
1 Bath
600 Sq Ft
$1,707/Sq Ft Est. Value

About This Home

FULLY FURNISHED LEASE! 3-12 MONTHS! Camp SoCo! Unique opportunity to live on an artists compound only 2 blocks off of South Congress Avenue. 6 fully furnished bungalows sit on over 1/2 an acre with gorgeous 200+ year old Live Oaks. Each bungalow was built in 1939 and recently remodeled with new cabinets, countertops, lighting, closets, washers and dryers. All utilities including and lawn maintenance included. Google Fiber internet, all new high end furniture.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2006
Sold by
Scruggs T M
Bought by
Heinley Brandon J and Heinley Carrie F
Current Estimated Value
$1,024,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Heinley Brandon J -- Gracy Title Company
Scruggs T M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinley Brandon J $212,700
Closed Heinley Brandon J $220,000
Previous Owner Scruggs T M $71,137
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Rented $3,100 0.0% --
01/28/2023 01/28/23 Under Contract -- -- --
01/27/2023 01/27/23 Price Changed $3,100 -3.1% $5 / Sq Ft
01/23/2023 01/23/23 Price Changed $3,200 -3.0% $5 / Sq Ft
01/22/2023 01/22/23 For Rent $3,300 +69.2% --
05/15/2019 05/15/19 Rented $1,950 0.0% --
05/10/2019 05/10/19 Under Contract -- -- --
03/26/2019 03/26/19 Price Changed $1,950 -2.5% $4 / Sq Ft
03/19/2019 03/19/19 Price Changed $2,000 -4.8% $4 / Sq Ft
02/22/2019 02/22/19 For Rent $2,100 -- --

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 $17,185 $949,850 $800,000 $149,850
2022 $19,865 $1,005,886 $800,000 $205,886
2021 $15,214 $698,939 $450,000 $248,939
2020 $13,246 $617,561 $450,000 $167,561
2018 $13,755 $621,287 $450,000 $171,287
2017 $12,069 $541,165 $400,000 $141,165
2016 $11,087 $497,138 $375,000 $122,138
2015 $9,633 $489,515 $350,000 $139,515
2014 $9,633 $404,787 $350,000 $54,787
Source: Public Records

Agents Affiliated with this Home

  • Karen Kelly

    Seller's Agent in 2023

    Karen Kelly

    van Heuven Properties

    (512) 569-5878

    6 in this area

    70 Total Sales

    Karen Kelly
    Section Image
  • Grace Young

    Buyer's Agent in 2019

    Grace Young

    Compass RE Texas, LLC

    (903) 245-3771

    38 Total Sales

    Grace Young
    Section Image
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Map

Texas Travis County Austin 78704 SoCo

1507 Drake Ave Unit B, Austin, TX

This home is located at 1507 Drake Ave Unit B, Austin, TX 78704 and is currently estimated at $1,024,000, approximately $1,706 per square foot. 1507 Drake Ave Unit B 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.

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