NOT LISTED FOR SALE

1903 1/2 Margalene Way Unit A Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $463,502 - $476,000

3 Beds
2 Baths
968 Sq Ft
$487/Sq Ft Est. Value

Highlights

  • 0.23 Acre Lot
  • Clubhouse
  • Community Pool
  • Community Lake
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of March 2022

No showings at this time due to Covid. Decisions will have to be made from the photographs. Cute 3 bedroom, 2 bath duplex with 1 car garage in Wells Branch! Privacy fenced back yard with patio. Front and back yard mowing is provided. Fireplace in living room. Kitchen has refrigerator, gas range, dishwasher, disposal, pantry and inside washer/dryer connections. Master bedroom has private bath and walk-in closet. Area offers hike and bike trails, community pool and sports courts.

Last Agent to Rent the Property

Walter Rock

Rock Properties License #0544445 Listed on: 01/11/2022

Last Renter's Agent

Walter Rock

Rock Properties License #0544445 Listed on: 01/11/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Masonry wall
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Porch

Schools

  • Northwest Elementary School
  • Westview Middle School
  • John B Connally High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater
  • Municipal Utilities District for Water and Sewer
  • Phone Available

Listing and Financial Details

  • Security Deposit $1,795
  • Tenant pays for all utilities, grounds care, sewer, trash collection, water
  • No Smoking Allowed
  • 12-Month Min and 18-Month Max Lease Term
  • Negotiable Lease Term
  • $50 Application Fee
  • Legal Lot and Block U / T
  • Assessor Parcel Number 02682010170000
  • Approved for Housing Choice Voucher

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Association Phone (512) 850-4510
  • Wells Branch Ph C Sec 03 Subdivision
  • Property managed by Rock Properties
  • Community Lake

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Trails

Pet Policy

  • Pet Size Limit
  • Pet Deposit $400
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

1

Rental Info

  • App Deposit Payable To: Rock Properties
  • App Fee Payable To: Rock Properties
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Broker
  • Furnished: Unfurnished
  • Max Lease Months: 18
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 400
  • Security Deposit: 1795
  • Tenant Pays: All Utilities, Grounds Care, Sewer, Trash Collection, Water
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Breed Restrictions, Negotiable
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Unit Style: 1st Floor Entry
  • Year Built: 1984
  • Certified Funds: Yes
  • Direction Faces: North
  • Directions: IH 35 NORTH TO WELLS BRANCH, WEST ON WELLS BRANCH, RIGHT ON ALEX, LEFT ON MARGALENE WAY, DUPLEX IS ON LEFT
  • Disclosures: None
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced, Masonry, Privacy, Wood
  • Fireplaces: 1
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Housing Vouchers: Yes
  • Intermediary: Yes
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 968.00
  • Move In Special: No
  • On Site Compliance: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-Vaulted, In-Law Floorplan, Pantry, Primary Bedroom on Main, Walk-In Closet(s)
  • Laundry Location: Laundry Room, Main Level
  • View: None
  • Flooring: Carpet, Tile, Vinyl
  • Fireplace Features: Family Room, Wood Burning
  • Management Company: Rock Properties
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Free-Standing Range, Refrigerator, Water Heater-Gas
  • Appliances Maintained: Dishwasher, Disposal, Range/Oven/Stove, Refrigerator
  • Main Level Bedrooms: 3
  • Security Features: Smoke Detector(s)
  • Smoking Inside: No
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Patio, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Attached
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Municipal Utility District (MUD)
  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Heating: Central, Natural Gas
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Property Manager

Association/Amenities

  • Association: Yes
  • Community Features: Clubhouse, Cluster Mailbox, Curbs, Lake, Playground, Pool, Sidewalks, Sport Court(s)/Facility, Tennis Court(s), Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Pflugerville ISD
  • Elementary School: Northwest
  • High School: John B Connally
  • Middle/Junior School: Westview

Lot Info

  • Lot Features: Curbs, Level
  • Parcel Number: 02682010170000
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10018.80
  • Subdivision Name: Wells Branch Ph C Sec 03

Building Info

  • Construction Materials: Frame, Masonry – Partial
  • New Construction: No

Multi Family

  • Management Co Phone: 5128504510
  • Number Of Units Total: 2

Tax Info

  • Tax Block: T
  • Tax Filled Sqft Total: 1936
  • Tax Lot: U

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Fontenette Debbie
Bought by
Doherty Sean
Current Estimated Value
$471,501

Purchase Details

Closed on
Dec 17, 2003
Sold by
Melchor Jesus and Melchor Teresa
Bought by
Fontenette Phillip and Fontenette Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2001
Sold by
Fortin Family Trust
Bought by
Melchor Jesus and Melchor Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,706
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2000
Sold by
Fortin Robert F and Fortin Donna Jean
Bought by
Fortin Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Doherty Sean -- Texas National Title
Fontenette Phillip -- Gracy Title Company
Melchor Jesus -- Fidelity National Title Ins
Fortin Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fontenette Phillip $161,100
Previous Owner Melchor Jesus $163,706
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Rented $1,800 -6.5% --
03/18/2022 03/18/22 Under Contract -- -- --
01/27/2022 01/27/22 Price Changed $1,925 +7.2% $2 / Sq Ft
01/20/2022 01/20/22 Price Changed $1,795 +5.9% $2 / Sq Ft
01/11/2022 01/11/22 For Rent $1,695 -- --
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 $10,270 $415,521 $193,765 $221,756
2023 $10,270 $717,007 $275,000 $442,007
2022 $10,392 $683,960 $275,000 $408,960
2021 $8,680 $365,182 $75,000 $290,182
2020 $6,786 $283,000 $75,000 $208,000
2018 $6,167 $247,081 $75,000 $172,081
2017 $6,144 $246,146 $75,000 $171,146
2016 $4,876 $193,361 $40,000 $153,361
2015 $4,617 $183,398 $40,000 $143,398
2014 $4,617 $174,154 $40,000 $134,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2200845

Unlock MLS (Austin Board of REALTORS®)

APN: 272656