NOT LISTED FOR SALE

1910 Margalene Way Unit A&B Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $446,875 - $484,000

6 Beds
4 Baths
1,862 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 06, 2013

Current estimated payment $3,333/month

2 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Tennis Courts
  • 2 Fireplaces
  • Community Pool
  • In-Law or Guest Suite

About This Home

As of May 2013

INVESTORS. Amazing investment opportunity. CASHFLOW. 3/2 duplex. LONG TERM TENANTS both units, so room for RENT INCREASE. (Tenants would like to renew but understand if owner-occupy on one side.) STRONG rental area w/LOW VACANCY RATE. Pflugerville ISD. NO HOA. SHOWING ONLY WITH ACCPTED OFFER. Don't miss out.FEMA - Unknown Restrictions: Unknown

Last Agent to Sell the Property

Karen Jones

Bella Real Estate License #0589926 Listed on: 03/19/2013

Last Buyer's Agent

Kay Roush

Coldwell Banker Realty License #0428829

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 7,231 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Covered Spaces

Home Design

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

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • 2 Fireplaces
  • Window Treatments
  • Fire and Smoke Detector
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Municipal Utilities District Water

Listing and Financial Details

  • Assessor Parcel Number 02682009060000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wells Branch Ph C Sec 03 Subdivision

Amenities

  • Community Mailbox

Recreation

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1862.00
  • Restrictions: None
  • Unit Mix: 3/2
  • Year Built: 1985
  • Directions: From Mopac go EAST on Wells Branch Parkway. Turn LEFT on Surrender Ave. Take the 1st RIGHT onto Margalene Way. From IH-35 go WEST on Wells Branch Pkwy. Turn RIGHT on Alex Ave. LEFT on Margalene Way.
  • Estimated Taxes: 4239.00
  • Fencing: Privacy, Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 1862.00
  • New Loan Amount: 146250
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: In-Law Floorplan, Pantry, Walk-In Closet(s), Wired for Data
  • Laundry Location: Multiple Locations
  • Flooring: Carpet, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Treatments

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: None

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: Cluster Mailbox, Playground, Pool, 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, Interior Lot, Level, Trees-Moderate
  • Parcel Number: 02682009060000
  • Lot Size Acres: 0.1660
  • Lot Size Sq Ft: 7230.96
  • Subdivision Name: Wells Branch Ph C Sec 03

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1700.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, Stone, Stone Veneer

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2012
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2015
Sold by
Meschke Karen
Bought by
Meschke Karen and Kgmeschke Trust
Current Estimated Value
$468,958

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 3, 2013
Sold by
Rinker Dean S
Bought by
Meschke Karen
Seller's Agent
Karen Jones
Bella Real Estate
Buyer's Agent
Kay Roush
Coldwell Banker Realty
List Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$146,250
Outstanding Balance
$104,098
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$364,860

Purchase Details

Closed on
Jan 12, 2006
Sold by
Sheng Jai Raymond B and Sheng Jai Lan
Bought by
Rinker Dean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.22%
Mortgage Type
Fannie Mae Freddie Mac
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
Meschke Karen -- None Available
Meschke Karen -- None Available
Rinker Dean S -- Atc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meschke Karen $146,250
Previous Owner Rinker Dean S $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold -- -- --
03/21/2013 03/21/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $199,900 -- $107 / 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 $10,388 $470,749 $234,694 $236,055
2023 $13,574 $725,187 $275,000 $450,187
2022 $14,379 $695,009 $275,000 $420,009
2021 $7,986 $340,229 $75,000 $265,229
2020 $6,856 $285,930 $75,000 $210,930
2018 $6,352 $254,514 $75,000 $194,803
2017 $6,883 $231,376 $75,000 $197,966
2016 $5,304 $210,342 $40,000 $170,342
2015 $4,944 $205,739 $40,000 $165,739
2014 $4,944 $186,509 $40,000 $146,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6541892

Unlock MLS (Austin Board of REALTORS®)

APN: 272636