$565,000
SOLD DEC 2, 2019
Last list price

1603 Waterloo Trail Unit A Austin, TX 78704

South Lamar Neighborhood
-- Bed
-- Bath
2,128 Sq Ft
7,144 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

2 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • No HOA
  • Zilker Elementary School Rated A-
  • 2 Fireplaces
  • Balcony

About This Home

As of December 2019

Incredible investment opportunity in hot 78704! Updated Duplex boasts mod design, clean lines and good sized yards. Contemporary kitchens, open to living rooms, lots of light. Fresh, clean, fully furnished and move in ready. Two bedrooms / Two and a half baths on each side. Courtyard entrance, carport and fenced back yards. Income producing property, see agent for details.Restrictions: Yes

Last Agent to Sell the Property

Todd Grossman

Compass RE Texas, LLC License #0576748 Listed on: 11/19/2019

Compass RE Texas, LLC

Co-Listed By

Michelle Jones

Compass RE Texas, LLC License #0539172

Last Buyer's Agent

Mark Strub

Strub Residential License #0526714

Strub Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,890

Year Built

  • Built in 1982

Lot Details

  • 7,144 Sq Ft Lot
  • Privacy Fence
  • Chain Link Fence
  • Lot Sloped Down
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 2 Fireplaces
  • Family Room
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Patio

Schools

  • Zilker Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • No Cooling

Community Details

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

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 21 / B
  • Assessor Parcel Number 04040711130000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,890

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2128.00
  • Restrictions: See Remarks
  • Unit Mix: 2/1.5
  • Year Built: 1982
  • Directions: From IH-35, exit 232A and go west on Oltorf past Congress and 1st ST. After train tracks take left on Thornton, then right on Waterloo Trail. Duplex is on left.
  • Disclosures: Seller Provided Survey Available
  • Estimated Taxes: 11388.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced, Privacy
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2128.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Balcony, Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central, Electric
  • Meter Description: See Remarks
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, None

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Zilker
  • Middle School: O Henry
  • High School: Austin
  • Elementary School: Zilker
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: Curbs, Sloped Down, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, See Remarks
  • Parcel Number: 04040711130000
  • Lot Size Acres: 0.1640
  • Lot Size Sq Ft: 7143.84
  • Subdivision Name: Cinnamon Ridge

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 2128
  • Tax Lot: 21
  • Tax Rate: 2.19652000000000
  • Tax Year: 2019
  • Tax Annual Amount: 9890.00
  • Tax Exemptions: None

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
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%
Total Days on Market
2
Current Estimated Value
$842,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,785
Avg. Annual Appreciation
6.36%

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
Sold Price
$550,000
Premium/Discount to List
$10,000
1.85%

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1995
Sold by
Harper Donald G
Bought by
Mcgehee Christina and Mcgehee Les

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Vendors Lien -- Austin Title Co
Vendors Lien -- Atc
Vendors Lien -- North American Title
Vendors Lien -- --
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
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $100,750 Unknown
Previous Owner $99,000 Purchase Money Mortgage
Closed $26,250 No Value Available
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: 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 $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: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8268950

Unlock MLS (Austin Board of REALTORS®)

APN: 553211