NOT LISTED FOR SALE

1910 Margalene Way Unit A&B Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $462,047 - $491,000

6 Beds
4 Baths
1,862 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 06, 2013

Current estimated payment $3,660/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

Est. Annual Taxes

  • $13,574

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

Est. Annual Taxes

$13,574

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
  • School District: Pflugerville ISD
  • Elementary School: Northwest
  • Middle School: Westview
  • High School: John B Connally
  • 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
Total Days on Market
2
Current Estimated Value
$476,524

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
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$146,250
Outstanding Balance
$106,538
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$384,396

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

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Range of Values:

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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 Change Sq Ft Price
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
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