NOT LISTED FOR SALE

Estimated Value: $1,724,833

-- Bed
3 Baths
4,957 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 19, 2021

Current estimated payment $12,773/month

28 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Deck
  • Barton Hills Elementary School Rated A
  • Mature Trees
  • Living Room with Fireplace

About This Home

As of May 2021

A remarkable opportunity awaits for owner occupiers and investors alike at this gorgeous quadplex in highly desirable Barton Hills. Immediate returns as every unit is currently leased. This quadplex is extremely versatile, with each unit having the opportunity to be opened to a conjoining unit. Several significant renovations were made in 2015 and 2020. Unique backyard spaces and private entrances for each unit. The amount of natural light that spans throughout is absolutely incredible. Currently bringing in $109,800 a year in rental income, less utilities, with room to increase rents year after year. Minimal vacancy time as the desirability of the neighborhood and attractiveness of the property draws many prospective renters quickly. Incredible proximity to Zilker Park, Barton Springs, South Lamar, DT Austin and the Lady Bird hike and bike trails. Plan for your future by securing this incredible quadplex in HOT 78704!

Last Agent to Sell the Property

Todd Bailey

eXp Realty, LLC License #0501464 Listed on: 04/16/2021

eXp Realty, LLC

Co-Listed By

Gillian Robb

Bramlett Partners License #0617728

Last Buyer's Agent

Joy Smith

Compass RE Texas, LLC License #0671215

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,501

Year Built

  • Built in 1978

Lot Details

  • 10,324 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Interior Lot
  • Mature Trees
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Stone Siding

Interior Spaces

  • Walk-In Closet
  • 4,957 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Living Room with Fireplace
  • 2 Fireplaces
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry in multiple locations
  • Washer and Electric Dryer Hookup

Schools

  • Barton Hills Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Deck
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 01020901650000
  • 2% Total Tax Rate

Community Details

Overview

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

Recreation

  • Community Playground
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,501

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: Deed Restrictions
  • Unit Mix: 1/1, 2/1, 2/1.5
  • Year Built: 1978
  • Direction Faces: West
  • Directions: Fm Lamar, north Bluebonnet, Lt Rundell, Rt Rabb, Lt Ridgeview, Lt Westridge
  • Disclosures: Lead Base Paint Addendum, Seller Provided Survey Available
  • Estimated Taxes: 25460.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Fireplaces: 2
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Multi/Split
  • Living Area: 4957.00
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-High, Electric Dryer Hookup, Interior Steps, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Laminate, Tile, Wood
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Varies by Unit
  • Meter Description: See Remarks
  • Water Source: Public
  • Cooling: Central Air, Varies by Unit, Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: Curbs, Park, Playground, Sidewalks, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Barton Hills
  • Middle School: O Henry
  • High School: Austin
  • Elementary School: Barton Hills
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: Interior Lot, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 01020901650000
  • Lot Size Acres: 0.2370
  • Lot Size Sq Ft: 10323.72
  • Subdivision Name: Barton Hills

Rental Info

  • Total Actual Rent: 8950.00
  • Pets Allowed: Yes

Building Info

  • Construction Materials: Stone
  • New Construction: No

Tax Info

  • Tax Lot: 2
  • Tax Rate: 2.22666500000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 19, 2021
Sold by
Word Mcgehee
Bought by
04 Austin Llc
Seller's Agent
Todd Bailey
eXp Realty, LLC
Buyer's Agent
Joy Smith
Compass RE Texas, LLC
List Price
$1,700,000
Current Estimated Value
$1,724,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Jul 10, 2006
Sold by
King James S
Bought by
Word Mcgehee and Mcgehee Word Iii Trust

Purchase Details

Closed on
Sep 14, 2000
Sold by
Word Mcgehee
Bought by
Word Mcgehee
Source: Public Records

Range of Values:

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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
04 Austin Llc -- First American Title
Word Mcgehee -- None Available
Word Mcgehee -- None Available
Word Mcgehee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Word Mcgehee $150,000
Previous Owner Word Mcgehee $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold -- -- --
04/19/2021 04/19/21 Off Market -- -- --
04/16/2021 04/16/21 For Sale $1,700,000 -- $343 / 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 $40,501 $1,951,738 $645,669 $1,306,069
2023 $42,985 $2,375,875 $950,000 $1,425,875
2022 $37,402 $1,893,832 $950,000 $943,832
2021 $24,889 $1,143,418 $425,000 $718,418
2020 $17,020 $793,545 $425,000 $368,545
2018 $16,608 $750,161 $425,000 $325,161
2017 $17,141 $768,585 $400,000 $368,585
2016 $16,397 $735,242 $400,000 $335,242
2015 $11,463 $732,450 $342,000 $390,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6874614

Unlock MLS (Austin Board of REALTORS®)

APN: 857461