NOT LISTED FOR SALE

2003 Margalene Way Unit B Austin, TX 78728

Wells Branch Neighborhood

Estimated Value: $475,000 - $484,774

3 Beds
2 Baths
2,096 Sq Ft
$229/Sq Ft Est. Value

Highlights

  • City View
  • Clubhouse
  • Wood Flooring
  • 0.21 Acre Lot
  • Wooded Lot
  • Private Yard

About This Home

As of April 2024

Tile flooring throughout, stainless steel appliances. Fireplace, galley kitchen open to dining area and living area. A bonus room from a partially converted garage. Close to restaurants and main highways. Minutes from the Domain. CREDIT SCORE OF 600+ REQUIRED ALONG WITH GOOD RENTAL HISTORY.

Last Agent to Rent the Property

Caroline Tanksley

M.E. 'Gene' Johnson REALTY Brokerage Phone: (512) 244-6655 License #0551877 Listed on: 03/06/2024

Last Renter's Agent

Rebecca Kellett

The Real ATX License #0638010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 9,060 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Wooded Lot
  • Private Yard

Home Design

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

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room with Fireplace
  • City Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Outside Parking

Schools

  • Northwest Elementary School
  • Pflugerville Middle School
  • Pflugerville High School

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer
  • ENERGY STAR Qualified Water Heater
  • Phone Available

Listing and Financial Details

  • Security Deposit $1,900
  • Tenant pays for all utilities, electricity, gas, pest control, sewer, telephone, trash collection, water
  • The owner pays for association fees, taxes
  • 12 Month Lease Term
  • $45 Application Fee
  • Assessor Parcel Number 02682010030000

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Wells Branch Ph C Sec 03 Subdivision
  • Property managed by ME Gene Johnson Realtors

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $800
  • Dogs Allowed
  • Breed Restrictions
  • Medium pets allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Association Fees, Taxes
  • Tenant Pays: All Utilities, Electricity, Gas, Pest Control, Sewer, Telephone, Trash Collection, Water
  • Pets Allowed: Dogs OK, Medium (< 35 lbs), Number Limit, Size Limit, Breed Restrictions
  • Available Date: 2024-03-20
  • App Deposit Payable To: Mernel Lovell
  • App Fee Payable To: ME Gene Johnson Realtors
  • Application Fee: 45
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 1
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 800
  • Pet Deposit: 800
  • Max Lease Months: 12
  • App Delivery To: 1901 E Palm Valley Blvd Round Rock, TX 78664

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Year Built: 1984
  • Direction Faces: West
  • Directions: WELLS BRANCH PARKWAY, RIGHT ON ALEX AVE., LEFT ON MARGALENE WAY
  • Disclosures: None
  • Fencing: Fenced, Privacy
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 2096
  • Attribution Contact: (512) 244-6655
  • Attribution Contact: (512) 244-6655
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 0.21
  • Current Price By Living Ar: 0.91
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 0.21
  • List Price By Living Area: 0.91
  • List Price By Original Lis: 1.00
  • Unit Style: 1st Floor Entry
  • Smoking Inside YN: 0
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Interior Steps, Pantry, Primary Bedroom on Main
  • View: City
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Gas Range, Free-Standing Range, Refrigerator, Water Heater
  • Main Level Bedrooms: 3
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Hall

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Outside
  • Total Parking Spaces: 2

Utilities

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

Association/Amenities

  • Association: Yes
  • Community Features: Clubhouse, Curbs, Park, Playground, Tennis Court(s), Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Owner
  • Management Company: ME Gene Johnson Realtors

Schools

  • Elementary School: Northwest
  • High School: Pflugerville
  • Middle/Junior School: Pflugerville
  • Junior High Dist: Pflugerville ISD

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02682010030000
  • Lot Size Acres: 0.208
  • Lot Size Sq Ft: 9060.48
  • Subdivision Name: Wells Branch Ph C Sec 03

Building Info

  • Construction Materials: Frame, Stone
  • New Construction: No

Multi Family

  • Number Of Units Total: 2
  • Management Co Phone: (512) 244-6655

Tax Info

  • Tax Filled Sqft Total: 2096

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2007
Sold by
Epc Holdings 729 Llc
Bought by
Lovell Mernel
Current Estimated Value
$480,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Outstanding Balance
$88,959
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$391,299

Purchase Details

Closed on
Nov 29, 2004
Sold by
Aa Equities Inc
Bought by
Kaplan Ron and Holland Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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
Lovell Mernel -- Independence Title Co
Kaplan Ron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovell Mernel $146,250
Previous Owner Kaplan Ron $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Rented $1,900 0.0% --
04/19/2024 04/19/24 Under Contract -- -- --
03/06/2024 03/06/24 For Rent $1,900 +5.6% --
03/30/2022 03/30/22 Rented $1,800 0.0% --
03/29/2022 03/29/22 Under Contract -- -- --
03/25/2022 03/25/22 For Rent $1,800 -2.7% --
03/18/2022 03/18/22 Rented $1,850 0.0% --
03/18/2022 03/18/22 Under Contract -- -- --
12/06/2021 12/06/21 For Rent $1,850 +34.5% --
09/21/2020 09/21/20 Rented $1,375 -5.2% --
09/15/2020 09/15/20 Under Contract -- -- --
08/03/2020 08/03/20 For Rent $1,450 +31.8% --
10/02/2014 10/02/14 Rented $1,100 0.0% --
09/29/2014 09/29/14 Under Contract -- -- --
09/17/2014 09/17/14 For Rent $1,100 -- --
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 $10,807 $438,395 $191,679 $246,716
2023 $14,371 $767,768 $275,000 $492,768
2022 $13,788 $666,418 $275,000 $391,418
2021 $8,560 $364,695 $75,000 $289,695
2020 $7,272 $303,274 $75,000 $228,274
2018 $7,143 $286,179 $75,000 $211,179
2017 $6,633 $263,045 $75,000 $188,045
2016 $5,444 $215,900 $40,000 $175,900
2015 $5,270 $219,626 $40,000 $179,626
2014 $5,270 $198,785 $40,000 $158,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1564619

Unlock MLS (Austin Board of REALTORS®)

APN: 272644