1607 Rutland Dr Unit A & B Austin, TX 78758
North Austin NeighborhoodEstimated Value: $470,273 - $516,000
--
Bed
2
Baths
1,890
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Neighborhood Views
- 1-Story Property
- No HOA
- Porch
- North Facing Home
About This Home
As of May 2024This is a very rare opportunity to begin or expand a substantial investment property portfolio in North Austin at an incredible price. This duplex, and 7 others, are all available for sale (1609, 1611, 1613, 1615, 1617, 1619, 1621 Rutland Rd). 1607, 1609, 1611 (partial A and full B), 1613A and 1621 have all been gutted to the studs. 1615, 1617, and 1619 all have walls. 1615 Unit B and 1619 Unit A & B are all tenant occupied and tenant-maintained. Please do not disturb the tenant occupied properties.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: (888) 519-7431 License #0755467 Listed on: 01/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,076
Year Built
- Built in 1972
Lot Details
- 8,024 Sq Ft Lot
- North Facing Home
- Wood Fence
- Back Yard Fenced
- Property is in below average condition
Parking
- 2 Car Garage
- Carport
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,890 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Neighborhood Views
- No Kitchen Appliances
- Washer and Dryer Hookup
Outdoor Features
- Porch
Schools
- Padron Elementary School
- Burnet Middle School
- Navarro Early College High School
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 02441209100000
- Tax Block J
Community Details
Overview
- No Home Owners Association
- Quail Creek West Sec 04 Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
May 15, 2024
Sold by
Residential Investment Trust
Bought by
Tong Andy Thinh
Seller's Agent
Francisco Lopez Reyes
eXp Realty, LLC
Buyer's Agent
Alex Gilmore
Pauly Presley Realty
List Price
$420,000
Sold Price
$375,000
Premium/Discount to List
-$45,000
-10.71%
Total Days on Market
76
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,137
Avg. Annual Appreciation
29.48%
Purchase Details
Closed on
Oct 5, 2023
Sold by
Zavala Angela
Bought by
Residential Investment Trust
Purchase Details
Closed on
May 18, 2022
Sold by
Equity Cash Offer Llc
Bought by
Doors Development Gold Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,500
Interest Rate
5.3%
Mortgage Type
New Conventional
Similar Home in Austin, TX
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tong Andy Thinh | -- | None Listed On Document | |
| Residential Investment Trust | $359,437 | None Listed On Document | |
| Doors Development Gold Llc | -- | New Title Company Name | |
| Equity Cash Offer Llc | -- | New Title Company Name |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Doors Development Gold Llc | $509,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2024 05/24/24 | Sold | -- | -- | -- |
| 03/20/2024 03/20/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | Price Changed | $379,000 | -9.8% | $201 / Sq Ft |
| 01/03/2024 01/03/24 | For Sale | $420,000 | -- | $222 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $9,076 | $501,640 | $261,250 | $240,390 |
| 2022 | $10,387 | $525,967 | $261,250 | $264,717 |
| 2021 | $7,572 | $347,869 | $118,750 | $229,119 |
| 2020 | $6,679 | $311,400 | $118,750 | $192,650 |
| 2018 | $6,288 | $284,000 | $118,750 | $165,250 |
| 2017 | $4,580 | $205,385 | $71,250 | $134,135 |
| 2016 | $4,038 | $181,070 | $60,000 | $121,070 |
| 2015 | $3,141 | $162,678 | $20,000 | $142,678 |
| 2014 | $3,141 | $139,049 | $20,000 | $119,049 |
Source: Public Records
Agents Affiliated with this Home
-
Francisco Lopez Reyes
F
Seller's Agent in 2024
Francisco Lopez Reyes
eXp Realty, LLC
(317) 289-5924
8 in this area
13 Total Sales
-
Alex Gilmore
A
Buyer's Agent in 2024
Alex Gilmore
Pauly Presley Realty
(512) 808-9651
8 in this area
55 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6012127
APN: 250257
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