Seller's Agent in 2024
Monica Malorgio Katz
McNabb & Company Real Estate S
(512) 787-7935
6 in this area
83 Total Sales
1627 Gordon St San Marcos, TX 78666
Estimated Value: $563,000
--
Bed
--
Bath
10,574
Sq Ft
$53/Sq Ft
Est. Value
Highlights
- 6.63 Acre Lot
- No HOA
- 1-Story Property
- View of Hills
- Tile Flooring
- East Facing Home
About This Home
As of March 2024ADD to your portfolio, HOLD for future development or LIVE on the property while cash flowing - the choice is yours!!! This 6.5 acre property located *just* outside the city limits, therefore, in the ETJ and unrestricted consists of 2 single family homes and 3 duplexes. For a total 8 units and an annualized cash flow of $149k, you can't go wrong. This property is 1 mile from TXST, views of the Stadium and Old Main are visible, and is also adjacent to Elevation Apartments on Post Rd. Easily accessible to IH-35 via Post Rd or Aquarena, the location and size alone will always retain value. This property is professionally managed and recent updates include: well improvements, all units have been repainted on the interior, major landscaping, septic improvements, freshly paved road and more. **Opportunity Zone**
Last Agent to Sell the Property
McNabb & Company Real Estate S License #0524646 Listed on: 03/01/2023
Last Buyer's Agent
McNabb & Company Real Estate S License #0524646 Listed on: 03/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,091
Year Built
- Built in 1970
Lot Details
- 6.63 Acre Lot
- East Facing Home
- Many Trees
- Property is in good condition
Parking
- Carport
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 10,574 Sq Ft Home
- 1-Story Property
- Great Room with Fireplace
- Views of Hills
Flooring
- Tile
- Vinyl
Schools
- Travis Elementary School
- Miller Middle School
- San Marcos High School
Utilities
- Shared Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 1000172093000003
Community Details
Overview
- No Home Owners Association
- A0017 2 Juan M Veramendi Survey, Tract 93, Acres 6 Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2023
Closed on
Mar 6, 2024
Sold by
Bouwsma Otis J and Perez Lucilla
Bought by
San Marcos Partnership Lp
Seller's Agent
Monica Malorgio Katz
McNabb & Company Real Estate S
Buyer's Agent
Monica Malorgio Katz
McNabb & Company Real Estate S
List Price
$1,900,000
Views
29
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
-44.95%
Original Mortgage
$808,000
Outstanding Balance
$593,218
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$30,218
Purchase Details
Closed on
Jul 13, 2001
Sold by
Harris Ray
Bought by
Mcmullin Mcmullin A and Mcmullin Diana J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| San Marcos Partnership Lp | -- | Texas National Title | |
| Mcmullin Mcmullin A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | San Marcos Partnership Lp | $808,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/06/2024 03/06/24 | Sold | -- | -- | -- | |
| 03/06/2024 03/06/24 | Sold | -- | -- | -- | View Prior Sale |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- | |
| 03/16/2023 03/16/23 | For Sale | $1,900,000 | 0.0% | $180 / Sq Ft | |
| 03/16/2023 03/16/23 | Off Market | -- | -- | -- | |
| 03/16/2023 03/16/23 | Price Changed | $1,900,000 | 0.0% | $180 / Sq Ft | |
| 03/10/2023 03/10/23 | Pending | -- | -- | -- | |
| 03/01/2023 03/01/23 | For Sale | $1,900,000 | -9.5% | $180 / Sq Ft | |
| 10/03/2022 10/03/22 | Pending | -- | -- | -- | |
| 09/14/2022 09/14/22 | Off Market | -- | -- | -- | |
| 09/06/2022 09/06/22 | For Sale | $2,100,000 | -4.5% | $199 / Sq Ft | |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | $2,200,000 | -- | $208 / 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 | $15,156 | $1,000,000 | $60,490 | $939,510 |
| 2024 | $15,156 | $1,000,000 | $60,490 | $939,510 |
| 2023 | $30,994 | $2,140,292 | $234,560 | $1,905,732 |
| 2022 | $22,091 | $1,383,466 | $198,780 | $1,184,686 |
| 2021 | $19,347 | $1,094,330 | $132,520 | $961,810 |
| 2020 | $17,034 | $963,530 | $192,670 | $770,860 |
| 2019 | $17,515 | $899,220 | $168,080 | $731,140 |
| 2018 | $16,231 | $828,500 | $117,060 | $711,440 |
| 2017 | $15,799 | $800,320 | $105,360 | $694,960 |
| 2016 | $14,877 | $753,590 | $105,360 | $648,230 |
| 2015 | $14,005 | $727,400 | $100,340 | $627,060 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Malorgio Katz
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3829685
APN: R12067
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