NOT LISTED FOR SALE

Estimated Value: $507,000 - $662,585

-- Bed
4 Baths
2,108 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 30, 2022

Current estimated payment $4,011/month

7 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Living Room with Fireplace
  • Cunningham Elementary School Rated A-
  • Mature Trees
  • Vaulted Ceiling

About This Home

As of June 2022

MULTIPLE OFFERS - highest/best offer deadline - 5pm Thurs, 6/2. Tremendous investment opportunity in south central Austin. Awesome private end of cul-de-sac location in 78745, one of hottest zip codes around. Large units w/vaulted ceilings & fireplaces in each unit, 1-car garages and spacious yards. Strong current rents & more room for equity gain through cosmetic updates & rent increase potential. Recent dimensional shingle roof already installed (approx 2 years) + one complete 15-SEER HVAC system (unit A) installed about 5 years ago. DO NOT DISTURB tenants-units shown AFTER contract.

Last Agent to Sell the Property

Jeff Lowther

Austin Property Investments License #0425458 Listed on: 05/27/2022

Last Buyer's Agent

Alexandra Angelovich

Douglas Elliman Real Estate License #0720916

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,761

Year Built

  • Built in 1984

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Wood Fence
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Masonite

Interior Spaces

  • 2,108 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile
  • Vinyl

Laundry

  • Laundry in multiple locations
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Cunningham Elementary School
  • Covington Middle School
  • Crockett High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Shared Water Meter

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 04181807410000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Matthews Park Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,761

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: City Restrictions
  • Unit Mix: 2/2, 3/2
  • Year Built: 1984
  • Direction Faces: SW
  • Directions: From Wm Cannon: South on Manchaca*Right on Matthews*Left on Lilac*Left on Courtney....last duplex on the left
  • Disclosures: None
  • Estimated Taxes: 12369.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Fenced, Privacy, Wood
  • Fireplaces: 2
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2108.00
  • Other Equipment: Dryer Connections, Washer Hookup, None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceiling-Vaulted, Counter-Laminate, Electric Dryer Hookup, Open Floorplan, Washer Hookup
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • Fireplace Features: Living Room, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Oven, Free-Standing Range, Refrigerator
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Window Treatments

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Meter Description: Electric Separate, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Cunningham
  • Middle School: Covington
  • High School: Crockett
  • Elementary School: Cunningham
  • High School: Crockett
  • Middle/Junior School: Covington

Lot Info

  • Lot Features: Cul-De-Sac, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 04181807410000
  • Lot Size Acres: 0.2400
  • Lot Size Sq Ft: 10454.40
  • Subdivision Name: Matthews Park

Rental Info

  • Total Actual Rent: 3100.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

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

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 2108
  • Tax Lot: 10
  • Tax Rate: 2.17670000000000
  • Tax Year: 2021
  • Tax Annual Amount: 8761.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 30, 2022
Sold by
Jared Wise
Bought by
Zhu Yuanshen
Seller's Agent
Jeff Lowther
Austin Property Investments
Buyer's Agent
Alexandra Angelovich
Douglas Elliman Real Estate
List Price
$549,900
Current Estimated Value
$584,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.47%
Original Mortgage
$452,000
Outstanding Balance
$433,637
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$88,688

Purchase Details

Listed on
Nov 30, 2013
Closed on
Jan 14, 2014
Sold by
Binkley Ronald D
Bought by
Wise Jared
Seller's Agent
Ron Binkley
RE/MAX Fine Properties
Buyer's Agent
Jeff Lowther
Austin Property Investments
List Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$181,600
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2002
Sold by
Williams Crystal L
Bought by
Binkley Ronald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,200
Interest Rate
6.92%
Source: Public Records

Range of Values:

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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
Zhu Yuanshen -- Independence Title
Wise Jared -- Austin Title Company
Binkley Ronald D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Yuanshen $452,000
Previous Owner Wise Jared $181,600
Previous Owner Binkley Ronald D $116,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold -- -- --
06/03/2022 06/03/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $549,900 +120.0% $261 / Sq Ft
02/03/2014 02/03/14 Sold -- -- --
12/19/2013 12/19/13 Pending -- -- --
11/30/2013 11/30/13 For Sale $250,000 -- $119 / 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 $9,890 $503,603 $291,976 $211,627
2023 $10,233 $565,599 $288,750 $276,849
2022 $11,223 $568,256 $288,750 $279,506
2021 $8,761 $402,471 $131,250 $271,221
2020 $7,212 $336,250 $131,250 $205,000
2018 $7,681 $346,914 $125,000 $221,914
2017 $4,395 $197,067 $100,000 $97,067
2016 $4,470 $200,457 $50,000 $150,457
2015 $5,154 $223,270 $50,000 $173,270
2014 $5,154 $216,563 $50,000 $166,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3328238

Unlock MLS (Austin Board of REALTORS®)

APN: 330393