$540,000
SOLD MAR 7, 2018
Last list price

1603 Waterloo Trail Unit A Austin, TX 78704

South Lamar Neighborhood
-- Bed
-- Bath
2,128 Sq Ft
7,148 Sq Ft Lot

Recently Sold

$254 Per Sq Ft

14 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Cooling Available
  • Zilker Elementary School Rated A-
  • Covered Patio or Porch
  • Inside Utility

About This Home

As of December 2019

Beautiful, updated duplex minutes from downtown and Zilker Park in the desirable 78704 zip code. Open floor plan with fireplace is perfect for entertaining guests or head upstairs to the balcony to enjoy a captivating view of downtown.

A fresh coat of paint brightens the entire exterior. Interior upgrades on one side include custom wood walling between kitchen and living room, concrete floors on main level, new a/c unit in 2016 and stainless appliances. Occupy one side and make income from the other with tenants or short-term rentals. Current owners lived on one side and rented out other unit for a profit of almost $3000/month on average last year. AirBnB license is current.

Last Agent to Sell the Property

Rebecca Stockhorst

All City Real Estate Ltd. Co License #0592333 Listed on: 01/21/2018

All City Real Estate Ltd. Co

Last Buyer's Agent

NON-MEMBER AGENT TEAM

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,089

Year Built

  • Built in 1982

Lot Details

  • 7,148 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 2,128 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Inside Utility

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Cinnamon Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / B
  • Assessor Parcel Number 553211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,089

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Directions: From IH35, exit 232A and go west on Oltorf past Congress and First. After train tracks take left on Thorton, then right on Waterloo Trail. Duplex is on left.
  • Inclusions: Building(s),Other Sale Incl-See Remarks
  • Unit Levels: Two
  • Lot Size Acres: 0.1641
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex,Multi Family
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Cinnamon Ridge
  • Water Body Name: None
  • Year Built: 1982
  • Special Features: None
  • Stories: 2

Interior Features

  • Accessibility Features: None
  • Appliances: Dishwasher, Electric Range, Multiple Water Heaters, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Laminate, Vinyl
  • Living Area: 2128.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Masonry, Wood Siding
  • Exterior Features: Covered Patio, Lighting
  • Fencing: Chain Link, Privacy
  • Foundation Details: Slab
  • Lot Features: City Lot, None
  • Patio And Porch Features: Covered, Patio
  • Roof: Composition, Shingle
  • View: None
  • View: No
  • Waterfront: No

Garage/Parking

  • Carport Spaces: 2.0

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet, Main Level, In Unit
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Austin ISD

Lot Info

  • Parcel #: 553211
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Dec 2, 2019
Sold by
Miro Spadier Michael Dan and Spadier Lindsey Colleen
Bought by
Cheun Vannak
Seller's Agent
Todd Grossman
Compass RE Texas, LLC
Buyer's Agent
Mark Strub
Strub Residential
List Price
$565,000
Current Estimated Value
$837,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Listed on
Jan 21, 2018
Closed on
Mar 7, 2018
Sold by
Hull Andrew and Hull Andrew L
Bought by
Miro Spadier Michael Dan
Seller's Agent
Rebecca Stockhorst
All City Real Estate Ltd. Co
Buyer's Agent
NON-MEMBER AGENT TEAM
Non Member Office
List Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$412,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2008
Sold by
Merkl John and Goodman Lisa
Bought by
Hull Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2006
Sold by
Beam James K
Bought by
Merkl John and Goodman Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,125
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2001
Sold by
Mcgehee Christina and Mcgehee Les
Bought by
Beam James K

Purchase Details

Closed on
Aug 11, 1995
Sold by
Harper Donald G
Bought by
Mcgehee Christina and Mcgehee Les
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
Warranty Deed -- None Available
Warranty Deed -- None Available
Vendors Lien -- Austin Title Co
Vendors Lien -- Austin Title Co
Vendors Lien -- Atc
Vendors Lien -- Atc
Vendors Lien -- North American Title
Vendors Lien -- North American Title
Vendors Lien -- --
Vendors Lien -- --
Warranty Deed -- Texas Professional Title Inc
Warranty Deed -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $412,500 New Conventional
Previous Owner $215,836 New Conventional
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $193,125 Purchase Money Mortgage
Previous Owner $148,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Rented $2,100 0.0% --
05/19/2024 05/19/24 Under Contract -- -- --
04/17/2024 04/17/24 Price Changed $2,100 -2.3% $1 / Sq Ft
03/22/2024 03/22/24 For Rent $2,150 -4.4% --
08/10/2022 08/10/22 Rented $2,250 0.0% --
08/09/2022 08/09/22 Under Contract -- -- --
08/06/2022 08/06/22 For Rent $2,250 0.0% --
08/05/2022 08/05/22 Under Contract -- -- --
07/23/2022 07/23/22 For Rent $2,250 +21.6% --
08/04/2020 08/04/20 Rented $1,850 0.0% --
07/17/2020 07/17/20 For Rent $1,850 0.0% --
12/02/2019 12/02/19 Sold -- -- --
11/21/2019 11/21/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $565,000 +4.6% $266 / Sq Ft
03/07/2018 03/07/18 Sold -- -- --
02/05/2018 02/05/18 Pending -- -- --
01/21/2018 01/21/18 For Sale $540,000 -- $254 / 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 $12,089 $520,884 $386,639 $134,245
2023 $15,403 $851,336 $500,000 $351,336
2022 $13,816 $699,592 $500,000 $199,592
2021 $13,548 $622,400 $300,000 $322,400
2020 $11,120 $518,461 $300,000 $218,461
2018 $10,572 $477,502 $300,000 $220,279
2017 $9,794 $439,161 $275,000 $208,117
2016 $8,513 $381,719 $230,000 $174,161
2015 $6,910 $341,571 $160,000 $196,527
2014 $6,910 $305,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Texas MLS (CTXMLS)

MLS Number: 333912

Central Texas MLS (CTXMLS)

APN: 553211