NOT LISTED FOR SALE

Estimated Value: $533,438 - $823,000

-- Bed
2 Baths
1,895 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 21, 2016

Current estimated payment $4,531/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • Living Room
  • 1-Story Property
  • No HOA
  • Painted or Stained Flooring
  • Laundry in multiple locations

About This Home

As of December 2016

Multiple Offers, highest and best deadline 11/21 at 4PM. Prime 78704 investment with one unit prepped for immediate lease or move-in. New interior paint & make-ready in vacant unit. Take a look at rental comps in the area! Units always lease remarkably fast, given proximity to downtown & area schools. Water commonly metered.

Last Agent to Sell the Property

Adrienne Laosa

Treaty Oak Property Management License #0616163 Listed on: 11/16/2016

Last Buyer's Agent

David Hardt

Compass RE Texas, LLC License #0590949

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,212

Year Built

  • Built in 1971

Lot Details

  • 7,275 Sq Ft Lot
  • Wood Fence

Home Design

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

Interior Spaces

  • 1,895 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Concrete
  • Tile

Laundry

  • Laundry in multiple locations
  • Washer and Dryer Hookup

Schools

  • Joslin Elementary School
  • Covington Middle School
  • Crockett High School

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Phillips Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 04061203490000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,212

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1895.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1971
  • Directions: Take S Lamar Blvd, turn left onto Manchaca Rd, turn right onto Gathright Cove. Property will be on the left.
  • Estimated Taxes: 7717.00
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1895.00
  • Other Equipment: Dryer Connections, Washer Hookup
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Concrete, Painted/Stained, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

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

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Meter Description: Gas 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: Joslin
  • Middle School: Covington
  • High School: Crockett
  • Elementary School: Joslin
  • High School: Crockett
  • Middle/Junior School: Covington

Lot Info

  • Lot Features: Public Maintained Road
  • Parcel Number: 04061203490000
  • Lot Size Acres: 0.1670
  • Lot Size Sq Ft: 7274.52
  • Subdivision Name: Phillips

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1150.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Composition, Brick Veneer

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1895
  • Tax Rate: 2.29608000000000
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 22, 2016
Sold by
Emura Cara
Bought by
Barger Jean M and Barger Justin D
Seller's Agent
Adrienne Laosa
Treaty Oak Property Management
Buyer's Agent
David Hardt
Compass RE Texas, LLC
List Price
$389,900
Current Estimated Value
$696,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$311,250
Outstanding Balance
$254,533
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$441,577

Purchase Details

Listed on
Feb 28, 2012
Closed on
Apr 11, 2012
Sold by
Cole Tim
Bought by
Emura Cara and Emura Living Trust
Seller's Agent
David Davidson
Heart of Texas REALTORS®
Buyer's Agent
Robert Grunnah
Castle Hill Duplex
List Price
$246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
Mar 2, 2006
Sold by
Mciver Marilyn
Bought by
Cole Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 1996
Sold by
Wallace Roy
Bought by
Mciver Marilyn
Source: Public Records

Range of Values:

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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
Barger Jean M -- Independence Title
Emura Cara -- Independence Title
Cole Tim -- Gtc
Mciver Marilyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barger Jean M $311,250
Previous Owner Cole Tim $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2016 12/21/16 Sold -- -- --
11/23/2016 11/23/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $389,900 +58.5% $206 / Sq Ft
04/12/2012 04/12/12 Sold -- -- -- View Prior Sale
04/04/2012 04/04/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $246,000 -- $130 / 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 $10,212 $431,055 $310,248 $120,807
2023 $12,788 $706,796 $400,000 $306,796
2022 $11,913 $656,163 $400,000 $256,163
2021 $11,551 $518,737 $240,000 $278,737
2020 $9,433 $439,800 $240,000 $199,800
2018 $9,649 $435,802 $240,000 $195,802
2017 $8,894 $401,735 $220,000 $181,735
2016 $7,495 $336,084 $184,000 $152,084
2015 $6,244 $337,694 $128,000 $209,694
2014 $6,244 $262,365 $152,000 $110,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1707995

Unlock MLS (Austin Board of REALTORS®)

APN: 308373