NOT LISTED FOR SALE

1915 Margalene Way Unit B Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $439,478 - $457,000

3 Beds
2 Baths
1,936 Sq Ft
$233/Sq Ft Est. Value

Highlights

  • Granite Countertops
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Ceiling Fan

About This Home

As of February 2024

Great Remodeled Duplex in Wells Branch*3 Bedrooms and 2 Baths**New Fixtures*Granite Counters in Kitchen*Stainless Steel Appliances in Kitchen*Carpet in Bedrooms Only *Privacy Fenced Yard*Refrigerator Stays*Stackable Washer/Dryer*One Car Garage*Great Location*Close to Mopac and I-35*Thank you for showing!

Last Agent to Rent the Property

Lisa Kosub

Keller Williams Realty Brokerage Phone: (512) 346-3550 License #0370131 Listed on: 12/02/2023

Keller Williams Realty

Last Renter's Agent

William Lyles

Horizon Realty License #0706854

Horizon Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 60.00 x 137.00
  • Southeast Facing Home
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room with Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

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
  • Heating System Uses Natural Gas
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Security Deposit $1,700
  • Tenant pays for all utilities
  • 12 Month Lease Term
  • $100 Application Fee
  • Assessor Parcel Number 02682010060000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wells Branch Phs C Sec 3 Subdivision
  • Property managed by Merit Properties

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $300
  • Breed Restrictions
  • Small pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Small (< 20 lbs), Number Limit, Size Limit, Breed Restrictions
  • Available Date: 2024-01-15
  • App Deposit Payable To: Merit Properties
  • App Fee Payable To: Merit Properties
  • Application Fee: 100
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 200
  • Pet Deposit: 300
  • Max Lease Months: 24
  • Online App Instructions: www.meritpropertiesaustin.com/vacancies
  • Online App Instructions Public: www.meritpropertiesaustin.com/vacancies
  • App Delivery To: www.meritpropertiesaustin.com/vacancies

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Year Built: 1984
  • Direction Faces: Southeast
  • Directions: MOPAC*EAST ON WELLS BRANCH PKWAY*NORTH ON SURRENDER AVE*RIGHT ON MARGALENE** OR ** i-35*WEST ON WELLS BRANCH PKWAY*RIGHT ON ALEX AVE*LEFT ON MARGALENE WAY
  • Disclosures: None
  • Fencing: Privacy
  • Fireplaces: 1
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 1936
  • Attribution Contact: (512) 346-3550
  • Attribution Contact: (512) 346-3550
  • FEMA Flood Plain: No
  • Current Price By Living Ar: 0.88
  • "Current Price By Original ": 1.00
  • List Price By Living Area: 0.88
  • List Price By Original Lis: 1.00
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters, Interior Steps, Primary Bedroom on Main
  • View: None
  • Flooring: Carpet, Tile, Vinyl
  • Fireplace Features: Family Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Gas Range, Free-Standing Range, Washer/Dryer Stacked
  • Main Level Bedrooms: 3
  • Spa Features: None
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: None

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
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

  • Sewer: MUD
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Central, Natural Gas
  • Water Source: MUD
  • Cooling: Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Merit Properties

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size: 60.00 X 137.00
  • Parcel Number: 02682010060000
  • Subdivision Name: WELLS BRANCH PHS C SEC 3

Building Info

  • Construction Materials: Brick Veneer, Frame
  • New Construction: No

Multi Family

  • Number Of Units Total: 2
  • Management Co Phone: 000-000-0000

Tax Info

  • Tax Filled Sqft Total: 1936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 1998
Sold by
Bergman Johnson Partners Ltd
Bought by
Hill Country Bible Church Of Austin
Current Estimated Value
$450,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,943
Outstanding Balance
$26,529
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$423,964

Purchase Details

Closed on
Jul 29, 1998
Sold by
Johnson James G and Johnson Linda N
Bought by
Bergman Johnson Partners Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,943
Outstanding Balance
$26,529
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$423,964

Purchase Details

Closed on
Jul 27, 1998
Sold by
Hill Country Bible Church
Bought by
Brushwood Brian A and Brushwood Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,943
Outstanding Balance
$26,529
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$423,964
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
Hill Country Bible Church Of Austin -- Gracy Title
Bergman Johnson Partners Ltd -- --
Brushwood Brian A -- Gracy Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brushwood Brian A $126,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Rented $1,700 0.0% --
12/02/2023 12/02/23 For Rent $1,700 0.0% --
12/01/2022 12/01/22 Rented $1,700 0.0% --
11/22/2022 11/22/22 Under Contract -- -- --
11/10/2022 11/10/22 Price Changed $1,700 -5.3% $1 / Sq Ft
10/08/2022 10/08/22 For Rent $1,795 -- --
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 $11,008 $397,989 $190,202 $207,787
2023 $14,701 $785,390 $275,000 $510,390
2022 $14,070 $680,054 $275,000 $405,054
2021 $8,502 $362,209 $75,000 $287,209
2020 $6,883 $287,029 $75,000 $212,029
2018 $6,760 $270,840 $75,000 $195,840
2017 $6,909 $274,002 $75,000 $199,002
2016 $5,327 $211,234 $40,000 $171,234
2015 $4,959 $206,355 $40,000 $166,355
2014 $4,959 $187,054 $40,000 $147,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3438051

Unlock MLS (Austin Board of REALTORS®)

APN: 272647