NOT LISTED FOR SALE

Estimated Value: $617,607 - $754,000

-- Bed
5 Baths
3,908 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 28, 2015

Current estimated payment $5,024/month

89 Days on Market

Highlights

  • Wooded Lot
  • Walk-In Closet
  • Tile Flooring
  • 4 Fireplaces
  • Living Room
  • Laundry in multiple locations

About This Home

As of December 2015

Great opportunity to own a cash flowing rental in Austin! All units fully occupied and always a waiting list. building w/all 2bd/1ba units, market rent of $800/mo. Onsite HOA rep shows/monitors properties. HOA maintains lawns & common areas, dues cover basic cable, trash collection & yard maintenance. Great location close to shops/restaurants in exploding N. Burnet area next door to new AISD elementaryFEMA - Unknown Restrictions: Yes

Last Agent to Sell the Property

Brent Bockholt

Austin Property Team License #0578500 Listed on: 08/12/2015

Last Buyer's Agent

Bee Nguyen

Hayven & Co. LLC License #0627783

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,996

Year Built

  • Built in 1982

Lot Details

  • 7,144 Sq Ft Lot
  • Wood Fence
  • Wooded Lot

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • Clapboard

Interior Spaces

  • Walk-In Closet
  • 3,908 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Family Room
  • Living Room
  • Fire and Smoke Detector

Flooring

  • Linoleum
  • Tile

Laundry

  • Laundry in multiple locations
  • Washer and Dryer Hookup

Schools

  • Padron Elementary School
  • Burnet Middle School
  • Navarro Early College High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Separate Water Meter
  • Shared Water Meter

Community Details

  • Association fees include cable TV, common area maintenance, insurance, parking, trash
  • $400 HOA Transfer Fee
  • 4 Units
  • Villas HOA
  • Villas On Walnut Creek Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02441108040000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,996

Year Built

Built in 1982

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3908.00
  • Restrictions: Deed Restrictions
  • Unit Mix: 2/1
  • Year Built: 1982
  • Directions: 183 N, Exit Metric heading North, Rt on Rundberg, Rt into Villas on Walnut Creek after elementary school.
  • Estimated Taxes: 3348.00
  • Fencing: Wood
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Levels: Two
  • Living Area: 3908.00
  • New Loan Amount: 264000
  • Other Equipment: Dryer Connections, Washer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Linoleum, Tile
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: Smoke Detector(s)
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Electric
  • Meter Description: Electric Separate, Water Common, Water Separate, See Remarks
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Insurance, Parking, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 275.00

Association/Amenities

  • Management Company: Owners
  • Association Name: Villas HOA
  • Requirement: Mandatory
  • Association Transfer Fee: 400
  • Association: Yes
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Padron
  • Middle School: Burnet (Austin ISD)
  • High School: Navarro Early College
  • Elementary School: Padron
  • High School: Navarro Early College
  • Middle/Junior School: Burnet (Austin ISD)

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02441108040000
  • Lot Size Acres: 0.1640
  • Lot Size Sq Ft: 7143.84
  • Subdivision Name: Villas On Walnut Creek

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3150.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Clapboard, Masonry – Partial

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Filled Sqft Total: 3908
  • Tax Rate: 2.37980000000000
  • Tax Year: 2014
  • Tax Annual Amount: 2996.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Nguyen Phuong
Bought by
Nguyen Phuong and Phan Phong Thanh
Current Estimated Value
$685,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$388,395
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$394,451

Purchase Details

Listed on
Aug 12, 2015
Closed on
Dec 22, 2015
Sold by
Sanderson Davjd Michael
Bought by
Nguyen Phuong
Seller's Agent
Brent Bockholt
Austin Property Team
Buyer's Agent
Bee Nguyen
Hayven & Co. LLC
List Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$247,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Monarch Ln Co
Bought by
Sanderson David Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,360
Interest Rate
4.74%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2011
Sold by
Geraci 5 Lp
Bought by
Monarch Ln Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Geraci 5 Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2010
Sold by
Tsai Danny
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 27, 2006
Sold by
Brewster Mark
Bought by
Tsai Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,120
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2001
Sold by
Garcia Irene
Bought by
Brewster Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1998
Sold by
Edwards Michael A and Edwards Cynthia K
Bought by
Garcia Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1995
Sold by
Johnson Roger K and Johnson Donna A
Bought by
Edwards Michael A and Edwards Cynthia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1994
Sold by
Johnson Roger K and Johnson Donna A
Bought by
Johnson Roger K and Johnson Donna A
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
Nguyen Phuong -- None Listed On Document
Nguyen Phuong -- Capital Title Of Texas
Sanderson David Michael -- First American Title
Monarch Ln Co -- Capital Title Of Texas
Geraci 5 Limited Partnership -- Itc
Hsbc Bank Usa National Association $125,800 None Available
Tsai Danny -- None Available
Brewster Mark -- Gracy Title Company
Garcia Irene -- Texas American Title Company
Edwards Michael A -- --
Johnson Roger K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Phuong $390,000
Previous Owner Nguyen Phuong $247,500
Previous Owner Sanderson David Michael $178,360
Previous Owner Monarch Ln Co $104,000
Previous Owner Tsai Danny $203,120
Previous Owner Brewster Mark $142,500
Previous Owner Garcia Irene $125,550
Previous Owner Edwards Michael A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2015 12/28/15 Sold -- -- --
11/09/2015 11/09/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $369,000 0.0% $94 / Sq Ft
04/01/2012 04/01/12 Rented $725 0.0% --
03/20/2012 03/20/12 Under Contract -- -- --
02/16/2012 02/16/12 For Rent $725 -- --
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 $13,520 $630,509 $210,329 $420,180
2023 $13,520 $617,512 $275,000 $342,512
2022 $12,171 $616,257 $275,000 $341,257
2021 $11,793 $541,794 $125,000 $416,794
2020 $10,026 $467,451 $125,000 $342,451
2018 $9,376 $423,505 $125,000 $298,505
2017 $7,971 $357,399 $75,000 $282,399
2016 $7,359 $330,000 $60,000 $270,000
2015 $2,996 $154,769 $20,000 $221,127
2014 $2,996 $140,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4353838

Unlock MLS (Austin Board of REALTORS®)

APN: 250136