NOT LISTED FOR SALE

1611 Rutland Dr Unit A & B Austin, TX 78758

North Austin Neighborhood

Estimated Value: $461,669 - $527,000

-- Bed
2 Baths
2,010 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 24, 2024

Current estimated payment $3,539/month

76 Days on Market

Highlights

  • Living Room with Fireplace
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Porch
  • North Facing Home

About This Home

As of May 2024

This 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, 1609, 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

Francisco Lopez Reyes

eXp Realty, LLC Brokerage Phone: (888) 519-7431 License #0755467 Listed on: 01/03/2024

eXp Realty, LLC

Last Buyer's Agent

Alex Gilmore

Pauly Presley Realty License #0647827

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,327

Year Built

  • Built in 1972

Lot Details

  • 8,202 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Back Yard Fenced and Front Yard
  • 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

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Neighborhood Views
  • No Kitchen Appliances
  • Washer and Gas 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 02441209080000
  • Tax Block J

Community Details

Overview

  • No Home Owners Association
  • Quail Creek West Sec 04 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,327

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Direction Faces: North
  • Directions: Head north on Burnet Road from 183 onto Rutland Dr.
  • Disclosures: Lead Base Paint Addendum
  • Fencing: Back Yard, Wood
  • Fireplaces: 2
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2010
  • Other Equipment: Gas Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Real Estate Owned
  • Attribution Contact: (888) 519-7431
  • Attribution Contact: (888) 519-7431
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9327.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: See Remarks
  • Unit Mix: 3/1
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: See Remarks
  • View: Neighborhood
  • Flooring: See Remarks
  • Fireplace Features: Living Room
  • Accessibility Features: See Remarks
  • Appliances: None
  • Property Condition: Resale, Poor
  • Security Features: None
  • Window Features: See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Carport

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Foundation: Slab
  • Patio And Porch Features: Porch
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: None
  • Water Source: Public
  • Cooling: None
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Padron
  • High School: Navarro Early College
  • Middle/Junior School: Burnet (Austin ISD)
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 02441209080000
  • Lot Size Acres: 0.1883
  • Lot Size Sq Ft: 8202.35
  • Subdivision Name: Quail Creek West Sec 04

Rental Info

  • Owner Pays: None
  • Pets Allowed: All

Building Info

  • Construction Materials: Brick, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: J
  • Tax Year: 2023
  • Tax Annual Amount: 9327.37
  • Tax Map Number: 36
  • Tax Filled Sqft Total: 2136
  • Tax Rate: 0.10069200000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
May 20, 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
88
Current Estimated Value
$494,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,335
Avg. Annual Appreciation
29.78%

Purchase Details

Closed on
May 18, 2022
Sold by
Flo-Shep Interests Ltd
Bought by
Equity Cash Offer Llc

Purchase Details

Closed on
May 6, 2022
Sold by
Zavala Angela
Bought by
Doors Development Gold Llc
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 Buyer Sale Price Title Company
Tong Andy Thinh -- None Listed On Document
Equity Cash Offer Llc -- New Title Company Name
Doors Development Gold Llc $359,825 None Listed On Document
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% $189 / Sq Ft
01/03/2024 01/03/24 For Sale $420,000 -- $209 / 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 $9,327 $515,539 $261,250 $254,289
2022 $10,690 $541,270 $261,250 $280,020
2021 $7,863 $361,222 $118,750 $242,472
2020 $6,838 $318,800 $118,750 $200,050
2018 $6,427 $290,272 $118,750 $171,522
2017 $4,797 $215,082 $71,250 $143,832
2016 $4,128 $185,111 $60,000 $125,111
2015 $3,348 $168,267 $20,000 $148,267
2014 $3,348 $140,685 $20,000 $120,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2355730

Unlock MLS (Austin Board of REALTORS®)

APN: 250255