Seller's Agent in 2024
Gregory Tran
Keller Williams Realty
(512) 765-4337
3 in this area
153 Total Sales
1608 Parker Ln Austin, TX 78741
East Riverside-Oltorf NeighborhoodEstimated Value: $528,000 - $559,587
--
Bed
2
Baths
1,343
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Private Yard
- Covered Patio or Porch
- Wooded Lot
- No HOA
- Shed
About This Home
As of February 2024**For full Offering Memorandum go to tinyurl.com/1608parker ** There is a lot to love about this Riverside duplex. Both units come occupied with great tenants and both sides have private laundry facilities and covered parking. However, the investor still has the opportunity to raise rents to increase cash flow. The location is prime. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin. The duplex is also just a short walk from the UT Shuttle bus and Metro lines.
Note that the sewer lines have been replaced with PVC and the foundation has been repaired with steel piers which will save the buyer tens of thousands of dollars in repair costs.
Last Agent to Sell the Property
Keller Williams Realty Brokerage Phone: (512) 643-9804 License #0627600 Listed on: 11/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,663
Year Built
- Built in 1964
Lot Details
- 0.26 Acre Lot
- North Facing Home
- Wood Fence
- Wooded Lot
- Private Yard
- Property is in average condition
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1,343 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Laminate Flooring
- Stacked Washer and Dryer Hookup
Kitchen
- Free-Standing Gas Range
- Dishwasher
- Disposal
Parking
- 2 Parking Spaces
- Carport
Outdoor Features
- Covered Patio or Porch
- Shed
Schools
- Travis Hts Elementary School
- Martin Middle School
- Travis High School
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- High Speed Internet
- Phone Available
Listing and Financial Details
- The owner pays for roof maintenance, taxes
- Assessor Parcel Number 03030507130000
- Tax Block A
Community Details
Overview
- No Home Owners Association
- Payne Lloyd W Subdivision
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2023
Closed on
Feb 7, 2024
Sold by
Chin Andrew T and Chin Tessia
Bought by
Alcocer Isela
Seller's Agent
Gregory Tran
Keller Williams Realty
Buyer's Agent
Cody Wickham
Compass RE Texas, LLC
List Price
$525,000
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$415,184
Outstanding Balance
$408,717
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$135,077
Purchase Details
Listed on
Feb 26, 2016
Closed on
Jul 21, 2016
Sold by
Parker Taylor Duplexes Llc
Bought by
Chin Andrew T and Lamison Tessia
Seller's Agent
Jan Moreland
Moreland Properties
Buyer's Agent
Bill Roquemore
Prestige Realty
List Price
$429,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$323,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Alcocer Isela | -- | Patten Title | |
| Chin Andrew T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alcocer Isela | $415,184 | |
| Previous Owner | Chin Andrew T | $323,000 | |
| Previous Owner | Parker Taylor Duplexes Llc | $942,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2024 02/22/24 | Sold | -- | -- | -- |
| 01/12/2024 01/12/24 | Pending | -- | -- | -- |
| 01/09/2024 01/09/24 | For Sale | $525,000 | 0.0% | $391 / Sq Ft |
| 12/21/2023 12/21/23 | Pending | -- | -- | -- |
| 11/15/2023 11/15/23 | For Sale | $525,000 | +22.4% | $391 / Sq Ft |
| 07/22/2016 07/22/16 | Sold | -- | -- | -- |
| 05/12/2016 05/12/16 | Pending | -- | -- | -- |
| 02/26/2016 02/26/16 | For Sale | $429,000 | -- | $319 / 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 |
|---|---|---|---|---|
| 2025 | $8,102 | $412,920 | $229,472 | $183,448 |
| 2023 | $7,231 | $489,263 | $0 | $0 |
| 2022 | $10,017 | $507,192 | $0 | $0 |
| 2021 | $10,448 | $480,004 | $262,500 | $281,284 |
| 2020 | $8,923 | $416,000 | $262,500 | $153,500 |
| 2018 | $7,771 | $351,000 | $262,500 | $88,500 |
| 2017 | $8,475 | $380,000 | $262,500 | $117,500 |
| 2016 | $5,403 | $208,589 | $157,500 | $51,089 |
| 2015 | $3,607 | $193,372 | $100,000 | $93,372 |
| 2014 | $3,607 | $151,585 | $100,000 | $51,585 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Tran
-
Cody Wickham
Buyer's Agent in 2024
Cody Wickham
Compass RE Texas, LLC
(512) 593-0312
1 in this area
148 Total Sales
-
Jan Moreland
J
Seller's Agent in 2016
Jan Moreland
Moreland Properties
(512) 694-0494
67 Total Sales
-
Bill Roquemore
B
Buyer's Agent in 2016
Bill Roquemore
Prestige Realty
(512) 627-4286
19 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5475581
APN: 284948
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