1609 Rutland Dr Unit A & B Austin, TX 78758
North Austin NeighborhoodEstimated Value: $439,767 - $547,000
--
Bed
2
Baths
2,086
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- No HOA
- 1-Story Property
- North Facing Home
- Tile Flooring
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 (1607, 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
- $9,621
Year Built
- Built in 1972
Lot Details
- 8,163 Sq Ft Lot
- North Facing Home
- Back Yard Fenced
- Property is in below average condition
Parking
- 2 Car Garage
- Carport
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,086 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Tile Flooring
- Washer and Dryer Hookup
Schools
- Padron Elementary School
- Burnet Middle School
- Navarro Early College High School
Utilities
- No Cooling
- No Heating
- Cable TV Available
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 02441209090000
- 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
40
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
$118,384
Avg. Annual Appreciation
29.54%
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
Flo-Shep Interests Ltd
Bought by
Equity Cash Offer Llc
Similar Home in Austin, TX
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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 | $359,290 | None Listed On Document | |
| Equity Cash Offer Llc | -- | New Title Company Name |
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% | $182 / Sq Ft |
| 01/03/2024 01/03/24 | For Sale | $420,000 | -- | $201 / 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 | $9,621 | $531,749 | $261,250 | $270,499 |
| 2022 | $11,042 | $559,122 | $261,250 | $297,872 |
| 2021 | $8,199 | $376,683 | $118,750 | $257,933 |
| 2020 | $6,435 | $300,000 | $118,750 | $181,250 |
| 2018 | $6,642 | $300,000 | $118,750 | $181,250 |
| 2017 | $5,002 | $224,299 | $71,250 | $153,049 |
| 2016 | $4,348 | $194,958 | $60,000 | $134,958 |
| 2015 | $3,421 | $177,394 | $20,000 | $157,394 |
| 2014 | $3,421 | $151,347 | $20,000 | $131,347 |
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: 5180535
APN: 250256
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