NOT LISTED FOR SALE

Estimated Value: $862,000 - $886,873

1 Bed
2 Baths
2,286 Sq Ft
$383/Sq Ft Est. Value

Last Sold August 23, 2023

Current estimated payment $5,964/month

48 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Open Floorplan
  • Maplewood Elementary School Rated A-
  • Second Kitchen
  • Deck

About This Home

As of August 2023

Truly one of a kind property on .24 ac lot in the heart of French Place/ Cherrywood in walking distance UT Law School! This home is nestled under a canopy of lush landscaping w a huge front porch w retro iron trellis work! Live in the vintage 1950's 3/1 cottage w gorgeous original hardwood floors, clawfoot tub, casement windows, rounded archways & oversized sleek back deck while you have 3 other rentable areas that bring in income that could offset a huge chunk of your mortgage payment! In total all 4 beautiful areas have separate entrances and are currently rented for $5150 month but several have long term tenants and are under market value. All leases end at the end of September but they are all wanting to renew. We will leave that up to the buyer. Rent potential is closer to $6450. The character and thoughtfulness to preserve the original features while providing updated modern charm is unbelievable. The alternate living spaces feature sleeping lofts w custom wood ladders, vaulted ceilings, french doors, built in bookcases & wood clad windows! Lot is 75front/79back/155right/130left so many development options! Walk/Bike to UT, Law School, the Drag, 3 min to DT Austin, Ladybird Lake Hike & Bike Trails, Hoovers, Haymaker, Este & tons of yummy coffee shops & restaurants! One of the best streets in the highly coveted French Place/Cherrywood neighborhood as its peaceful & quiet. Super low 1.9 tax rate plus the rental income make this the most affordable and uniquely cool properties you will come across! 5% cap rate w potential of 6.3% cap w up to date rents. There are also air B&B opportunities or you can combine the areas to accommodate a larger house. Owner agent, all sqft estimated & to be verified by buyer. All appliances convey!

Last Agent to Sell the Property

Chrissy Caputo

Austin Summit Group License #0472689 Listed on: 06/09/2023

Co-Listed By

Mike Caputo

Austin Summit Group License #0473528

Last Buyer's Agent

Laura Leslie

Keller Williams Realty License #0801080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,071

Year Built

  • Built in 1952

Lot Details

  • 10,738 Sq Ft Lot
  • Lot Dimensions are 79x155
  • Northeast Facing Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • Private Yard

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,286 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Woodwork
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite
  • Soaking Tub

Laundry

  • Laundry on main level
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Electric Grill
  • Front Porch

Additional Homes

  • Guest House

Schools

  • Maplewood Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Master Meter
  • Shared Gas Meter
  • Shared Water Meter
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / C
  • Assessor Parcel Number 1717E32ND
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Forest Hills C Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Dog Park
  • Trails

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,071

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: Deed Restrictions
  • Unit Mix: 1/1, 3/1, See Remarks
  • Year Built: 1952
  • Direction Faces: NE
  • Directions: I35 East on 32nd St into French Place/ Cherrywood. House on Right
  • Disclosures: Owner/Agent, Seller Disclosure
  • Estimated Taxes: 13071.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2286.00
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: Guest House, Shed(s)
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Tile Counters, Gas Dryer Hookup, Eat-in Kitchen, Entrance Foyer, French Doors, In-Law Floorplan, Natural Woodwork, Open Floorplan, Pantry, Primary Bedroom on Main, Soaking Tub, Walk-In Closet(s)
  • Laundry Location: Laundry Closet, Main Level
  • View: None
  • Flooring: Tile, Wood
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Gas Range, Microwave, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Heater-Gas
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Window Treatments

Exterior Features

  • Exterior Features: Electric Grill, Private Yard
  • Roof: Composition, Shingle
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Front Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Central
  • Meter Description: Electric Common, Gas Common, Water Common
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: Curbs, Dog Park, Golf Course, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Maplewood
  • Middle School: Kealing
  • High School: McCallum
  • Elementary School: Maplewood
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Curbs, Level, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 79x155
  • Parcel Number: 1717E32ND
  • Lot Size Acres: 0.2465
  • Lot Size Sq Ft: 10737.54
  • Subdivision Name: Forest Hills C

Rental Info

  • Total Actual Rent: 5150.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Block: C
  • Tax Filled Sqft Total: 2286
  • Tax Lot: 10
  • Tax Rate: 1.97000000000000
  • Tax Year: 2022
  • Tax Annual Amount: 13071.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Bright Elise
Bought by
Bright Sarah Elisabeth
Current Estimated Value
$874,437

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 23, 2023
Sold by
Kirkpatrick David K and Kirkpatrick Carmen Lara
Bought by
Bright Elise
Seller's Agent
Chrissy Caputo
Austin Summit Group
Buyer's Agent
Laura Leslie
Keller Williams Realty
List Price
$950,000
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%

Purchase Details

Listed on
Jun 9, 2023
Closed on
Aug 3, 2023
Sold by
Kirkpatrick David K and Smith Chrissy Nora
Bought by
Kirkpatrick David K and Caputo Chrissy Nora
Seller's Agent
Chrissy Caputo
Austin Summit Group
Buyer's Agent
Laura Leslie
Keller Williams Realty
List Price
$950,000
Views
31

Purchase Details

Closed on
May 29, 1996
Sold by
Glick William H and Mar Penny K
Bought by
Lynch Kirkpatrick David K and Lynch Smith Chrissy Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,601
Interest Rate
7.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Bright Sarah Elisabeth -- None Listed On Document
Bright Elise -- Texas National Title
Kirkpatrick David K -- None Listed On Document
Lynch Kirkpatrick David K -- Gracy Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kirkpatrick David K $102,659
Previous Owner Lynch Kirkpatrick David K $104,601
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold -- -- --
07/27/2023 07/27/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $950,000 -- $416 / 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
2025 $14,511 $762,231 $397,893 $364,338
2023 $10,459 $683,325 $0 $0
2022 $13,071 $661,851 $0 $0
2021 $12,981 $596,387 $302,500 $459,460
2020 $11,321 $527,808 $302,500 $292,613
2018 $9,491 $428,678 $302,500 $222,160
2017 $7,679 $344,340 $300,000 $166,625
2016 $6,981 $313,036 $240,000 $192,980
2015 $5,667 $284,578 $125,000 $254,061
2014 $5,667 $258,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8685385

Unlock MLS (Austin Board of REALTORS®)

APN: 205390