1909 Alex Ave Unit A & B Austin, TX 78728
Wells Branch NeighborhoodEstimated Value: $458,155 - $481,000
--
Bed
2
Baths
2,210
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Vaulted Ceiling
- 2 Car Attached Garage
- Wooded Lot
- No HOA
- Eat-In Kitchen
About This Home
As of February 2024BRAND NEW ROOF as of October 2023!!! Calling all investors! or need help with your monthly mortgage payment? Live on one side and rent out the other long term or on AirBnb! Fantastic opportunity in Wells Branch - income-producing duplex! This incredible multi-family home awaits you in the heart of NW Austin. This well-maintained duplex is an amazing investment, boasting consistent rental income. Located in the vibrant Wells Branch neighborhood, this property offers the perfect blend of tranquility and convenience. Situated just 20 minutes from downtown Austin and Ladybird Trail, you'll enjoy easy access to the city's vibrant energy and outdoor recreational opportunities. Proximity to The Domain & NW Tech Corridor - only 10 minutes away! Find yourself at The Domain, Q2 stadium (home to Austin FC!), and within the bustling NW Tech Corridor, home to numerous tech companies and employment opportunities. Nature enthusiasts and dog lovers will appreciate being just 8 minutes from the Walnut Creek greenbelt, offering endless hiking and biking trails for outdoor adventures and off-leash fun for your four-legged friends. Enjoy a stress-free commute with just a 20-minute drive to the airport and a 30-minute drive to the F1 Circuit of The Americas, new Tesla factory, and incoming Samsung plant in Taylor. Nicely updated interiors, open floorplan with high ceilings, and a kitchen that opens to the living room for easy entertaining. The backyard is private and perfect for yard games and BBQs. Don't miss out on this fantastic opportunity to own an income-producing duplex in the desirable Wells Branch neighborhood of NW Austin. Act quickly as properties like this are in high demand in this market! B unit lease just renewed at $1625/month! New paint and fresh carpet in A unit, could rent for $1600-$1700/month!
Last Agent to Sell the Property
Bramlett Partners Brokerage Phone: (512) 850-5717 License #0738813 Listed on: 09/20/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,935
Year Built
- Built in 1994
Lot Details
- 6,970 Sq Ft Lot
- East Facing Home
- Privacy Fence
- Wood Fence
- Level Lot
- Irregular Lot
- Wooded Lot
- Back Yard
- Property is in good condition
Parking
- 2 Car Attached Garage
- Single Garage Door
- Garage Door Opener
- Shared Driveway
Home Design
- Duplex
- Slab Foundation
- Asphalt Roof
- Masonry Siding
- HardiePlank Type
Interior Spaces
- 2,210 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Chandelier
- Double Pane Windows
- Aluminum Window Frames
- Living Room with Fireplace
- Vinyl Flooring
- Washer and Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- Double Master Bedroom
- Walk-In Closet
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
- Municipal Utilities District for Water and Sewer
Listing and Financial Details
- Assessor Parcel Number 02702016110000
- Tax Block U
Community Details
Overview
- No Home Owners Association
- Wells Branch Ph C Sec 03 Subdivision
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2023
Closed on
Feb 8, 2024
Sold by
1909 Alex Llc
Bought by
Sharma Arjun K and Gandhi Radhika N
Seller's Agent
Jeremy Vandermause
Bramlett Partners
Buyer's Agent
Andres Bustamante
Realty of America, LLC
List Price
$499,000
Sold Price
$492,500
Premium/Discount to List
-$6,500
-1.3%
Total Days on Market
111
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,922
Avg. Annual Appreciation
-3.52%
Original Mortgage
$369,375
Outstanding Balance
$364,632
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$104,946
Purchase Details
Closed on
Sep 30, 2020
Sold by
Jadess Investments Llc
Bought by
1909 Alex Llc
Purchase Details
Closed on
May 23, 2019
Sold by
Teoh Mary Reischman and Teoh Andrew
Bought by
Jade88 Investments Llc
Purchase Details
Closed on
Dec 23, 2013
Sold by
Reischman Reischman Mary Mary and Reischman Teoh Mary
Bought by
Teoh Mary Reischman and Teoh Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,676
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2006
Sold by
Podzimek Joseph and Podzimek Pamela
Bought by
Reischman Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,300
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Similar Home 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharma Arjun K | -- | Independence Title | |
| 1909 Alex Llc | -- | None Available | |
| Jade88 Investments Llc | -- | None Available | |
| Teoh Mary Reischman | -- | None Available | |
| Reischman Mary | -- | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharma Arjun K | $369,375 | |
| Previous Owner | Teoh Mary Reischman | $128,676 | |
| Previous Owner | Reischman Mary | $152,100 | |
| Previous Owner | Reischman Mary | $170,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2024 02/08/24 | Sold | -- | -- | -- |
| 12/30/2023 12/30/23 | For Sale | $499,000 | 0.0% | $226 / Sq Ft |
| 11/03/2023 11/03/23 | Off Market | -- | -- | -- |
| 10/11/2023 10/11/23 | Price Changed | $499,000 | -2.2% | $226 / Sq Ft |
| 09/20/2023 09/20/23 | For Sale | $510,000 | -- | $231 / 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 |
|---|---|---|---|---|
| 2023 | $8,209 | $723,316 | $275,000 | $448,316 |
| 2022 | $14,062 | $679,684 | $275,000 | $404,684 |
| 2021 | $9,154 | $389,982 | $75,000 | $314,982 |
| 2020 | $6,520 | $271,891 | $75,000 | $196,891 |
| 2019 | $6,668 | $271,891 | $75,000 | $196,891 |
| 2018 | $6,450 | $258,423 | $75,000 | $183,423 |
| 2017 | $6,785 | $269,083 | $75,000 | $194,083 |
| 2016 | $5,220 | $207,001 | $40,000 | $167,001 |
| 2015 | $4,446 | $184,479 | $40,000 | $144,479 |
| 2014 | $4,446 | $167,716 | $40,000 | $127,716 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Vandermause
Seller's Agent in 2024
Jeremy Vandermause
Bramlett Partners
(512) 434-9998
6 in this area
139 Total Sales
-
Andres Bustamante
Buyer's Agent in 2024
Andres Bustamante
Realty of America, LLC
(915) 227-9301
1 in this area
89 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5248751
APN: 273780
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