NOT LISTED FOR SALE

1914 Margalene Way Unit B Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $432,000 - $504,734

3 Beds
2 Baths
1,040 Sq Ft
$453/Sq Ft Est. Value

Highlights

  • Fitness Center
  • No HOA
  • Tennis Courts
  • Vaulted Ceiling
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of May 2016

Well maintain duplex in the popular Wells Branch area. Duplex features an open floor plan with vaulted ceilings, ceiling fans, fireplace, spacious back yard, no carpet, beautiful laminate wood floors in all bedrooms, tile in the kitchen and dining areas, and much more. Area has great amenities and nearby park. Minutes from IH 35 and MoPac, close to shopping and restaurants.

Last Agent to Rent the Property

Christine Chau

Texas Urban PM License #0500959 Listed on: 04/29/2016

Last Renter's Agent

Susan Albertson

Citywide Realty and Apartment License #0374720

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • Privacy Fence
  • Wood Fence
  • Interior Lot
  • Lot Sloped Down
  • Dense Growth Of Small Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Masonry Siding
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Security Deposit $1,300
  • Tenant pays for all utilities
  • $55 Application Fee
  • Assessor Parcel Number 02702016150000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wells Branch Phs C Sec 3 Subdivision
  • Property managed by Texas Urban Realty

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park
  • Trails

Pet Policy

  • Pet Deposit $300
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, All
  • Available Date: 2016-05-14
  • App Deposit Payable To: Texas Urban Realty
  • App Fee Payable To: Texas Urban Realty
  • Application Fee: 55
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 2
  • Additional Pet Fee: 200
  • Pet Deposit: 300
  • Max Lease Months: 12

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Building Area Total: 1040
  • Year Built: 1985
  • Directions: I-35 North, exit Wells Branch Pkwy - Left on Wells Branch Pkwy - Right on Surrender(stop light) - Right on Margalene, Duplex is on the left.
  • Disclosures: See Remarks
  • Fencing: Privacy, Wood
  • Fireplaces: 1
  • Garage Spaces: 1
  • Levels: One
  • Living Area: 1040
  • Special Listing Conditions: Standard
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: No
  • Current Price By Living Ar: 1.25
  • "Current Price By Original ": 1.00
  • List Price By Living Area: 1.25
  • List Price By Original Lis: 1.00
  • Restrictions: None
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Vaulted Ceiling(s), Primary Bedroom on Main
  • View: None
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator
  • Main Level Bedrooms: 3
  • Security Features: None
  • Spa Features: None
  • ResoLivingAreaSource: Owner
  • Laundry Location: Laundry Room,See Remarks

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

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
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: MUD
  • Utilities: Electricity Available, Underground Utilities
  • Heating: Central
  • Water Source: MUD
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: Common Grounds, Dog Park, Fitness Center, Park, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities, Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Texas Urban Realty

Schools

  • Elementary School: Northwest
  • High School: John B Connally
  • Middle/Junior School: Westview
  • Junior High Dist: Pflugerville ISD

Lot Info

  • Lot Features: Curbs, Interior Lot, Public Maintained Road, Sloped Down, Trees-Small (Under 20 Ft)
  • Lot Size: 0 x 0
  • Parcel Number: 02702016150000
  • Subdivision Name: Wells Branch Phs C Sec 3
  • Crops: None

Building Info

  • Construction Materials: Masonry – Partial, Frame, Stone, Vinyl Siding

Multi Family

  • Number Of Units Total: 2
  • Management Co Phone: (512) 293-2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Nguyen Lam
Bought by
Nguyen Lam and Le Bichtan
Current Estimated Value
$488,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,600
Outstanding Balance
$204,412
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$266,272

Purchase Details

Closed on
Mar 11, 2014
Sold by
Tjrl Properties Llc
Bought by
Nguyen Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Munoz Omar
Bought by
Tjrl Properties Llc

Purchase Details

Closed on
Feb 11, 1999
Sold by
Kindred James A and Kindred Melissa Ann
Bought by
Munoz Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1994
Sold by
Houtz Kenneth H and Houtz Mary Ann
Bought by
Kindred James A and Kindred Melissa Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Lam -- None Available
Nguyen Lam -- Austin Title Company
Tjrl Properties Llc -- Alamo Title Company
Munoz Omar -- Alamo Title Company
Kindred James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Lam $229,600
Previous Owner Nguyen Lam $183,750
Previous Owner Munoz Omar $125,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Rented $1,300 0.0% --
05/04/2016 05/04/16 Under Contract -- -- --
04/29/2016 04/29/16 For Rent $1,300 +8.3% --
01/09/2015 01/09/15 Rented $1,200 -4.0% --
12/30/2014 12/30/14 Under Contract -- -- --
12/01/2014 12/01/14 For Rent $1,250 0.0% --
07/26/2014 07/26/14 Rented $1,250 0.0% --
07/23/2014 07/23/14 Under Contract -- -- --
07/04/2014 07/04/14 For Rent $1,250 -- --
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 $10,266 $504,074 $235,792 $268,282
2023 $14,637 $781,977 $275,000 $506,977
2022 $13,013 $628,956 $275,000 $353,956
2021 $8,903 $379,314 $75,000 $304,314
2020 $6,951 $289,900 $75,000 $214,900
2018 $7,111 $284,922 $75,000 $209,922
2017 $8,096 $267,893 $75,000 $192,893
2016 $6,348 $251,736 $40,000 $211,736
2015 $5,244 $242,352 $40,000 $202,352
2014 $5,244 $197,829 $40,000 $157,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6433664

Unlock MLS (Austin Board of REALTORS®)

APN: 480864