Last list price
1813 E 38th 1 2 St Austin, TX 78722
Cherrywood Neighborhood
3
Beds
1
Bath
1,048
Sq Ft
9,923
Sq Ft Lot
Highlights
- Gated Parking
- RV Carport
- Wooded Lot
- Maplewood Elementary School Rated A-
- Property is near public transit
- Wood Flooring
About This Home
As of May 2025Charming 1949 Cherrywood Home with Endless Possibilities!Nestled on a private corner lot, this classic 3-bedroom, 1-bath Cherrywood home offers a unique blend of character and versatility. A standout feature is the custom three-part attached covered carport—one section large enough for an RV or boat, while another provides a shaded outdoor dining area. Plenty of parking for friends and family!This property presents an incredible opportunity to live or invest in the highly sought-after Cherrywood neighborhood. With the potential to divide the lot or add ADUs (see attached Land Use report), the possibilities for remodeling or redevelopment are endless.Inside, you'll find mini-split wall units for efficient heating and cooling, a cozy wood-burning fireplace, and a charming dining area. The converted garage offers flexibility as a third bedroom or office space.Outside, mature trees provide shade and privacy, while garden beds and green spaces attract wildlife like birds and fireflies. A wired shed adds extra functionality.Recent updates offer peace of mind, including a new roof (2024), mini-split systems (2020) with a 10-year warranty, an updated electrical panel (2022), new front windows (2021), and a gas heater backup (2020).Ideally located within walking distance to green spaces like Mueller Lake and Patterson Park, as well as local coffee shops and eateries—the benefits of living near Mueller while still enjoying the privacy and space of a private yard. A short Uber or bike ride gets you to Downtown Austin, with easy access to Eastside attractions—without crossing I-35! Plus, you're conveniently equidistant to two HEB locations.Don't miss this rare opportunity in one of Austin's most desirable neighborhoods!
Last Agent to Sell the Property
Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0569907 Listed on: 03/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,993
Year Built
- Built in 1949
Lot Details
- 9,923 Sq Ft Lot
- Northeast Facing Home
- Wrought Iron Fence
- Wood Fence
- Chain Link Fence
- Corner Lot
- Wooded Lot
- Private Yard
- Back Yard
- Property is in good condition
Home Design
- Slab Foundation
- Shingle Roof
- Composition Roof
- Masonry Siding
- Vinyl Siding
- Stucco
Interior Spaces
- 1,048 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Living Room with Fireplace
Kitchen
- Free-Standing Gas Oven
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Home Security
- Security System Leased
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- Attached Carport
- Driveway
- Gated Parking
- RV Carport
Outdoor Features
- Shed
- Front Porch
Location
- Property is near public transit
Schools
- Maplewood Elementary School
- Kealing Middle School
- Mccallum High School
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- ENERGY STAR Qualified Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Giles Place Sec 02 Subdivision
Listing and Financial Details
- Assessor Parcel Number 02141209110000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
Apr 30, 2025
Sold by
Emerson Gabrielle Olivia and Mcintyre Debra Lynn
Bought by
Loan Ranger Capital Investments Reit Llc
Seller's Agent
Sumina Bhatti
Compass RE Texas, LLC
Buyer's Agent
Darshil Parikh
Compass RE Texas, LLC
List Price
$600,000
Views
5
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
23.14%
Original Mortgage
$1,935,000
Outstanding Balance
$1,625,698
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,037,815
Purchase Details
Closed on
Jun 27, 2002
Sold by
Pennington Linda G and Mathieu Maurice
Bought by
Emerson Gabriel O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 26, 1997
Sold by
Scott Dan M
Bought by
Pennington Linda G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Austin, TX
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Chicago Title | |
| Vendors Lien | -- | Alamo Title Company | |
| Warranty Deed | -- | Alamo Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,935,000 | Credit Line Revolving | |
| Previous Owner | $122,115 | Unknown | |
| Previous Owner | $131,100 | Purchase Money Mortgage | |
| Previous Owner | $74,100 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $600,000 | -- | $573 / 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 | $9,911 | $601,871 | $383,667 | $218,204 |
| 2023 | $9,911 | $551,398 | $0 | $0 |
| 2022 | $9,900 | $501,271 | $0 | $0 |
| 2021 | $9,919 | $455,701 | $288,750 | $230,250 |
| 2020 | $8,886 | $414,274 | $288,750 | $125,524 |
| 2018 | $7,586 | $342,647 | $288,750 | $108,437 |
| 2017 | $6,947 | $311,497 | $275,000 | $128,990 |
| 2016 | $6,315 | $283,179 | $220,000 | $149,391 |
| 2015 | $5,109 | $257,435 | $125,000 | $196,677 |
| 2014 | $5,109 | $234,032 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sumina Bhatti
Seller's Agent in 2025
Sumina Bhatti
Compass RE Texas, LLC
(512) 940-9140
5 in this area
101 Total Sales
-
Darshil Parikh
Buyer's Agent in 2025
Darshil Parikh
Compass RE Texas, LLC
(512) 502-5117
4 in this area
185 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8220348
APN: 207530
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