NOT LISTED FOR SALE

Estimated Value: $565,164 - $741,000

Studio
8 Baths
4,124 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 31, 2018

Current estimated payment $4,732/month

16 Days on Market

Highlights

  • City View
  • Laundry in multiple locations
  • Level Lot
  • Wooded Lot
  • Wood Fence

About This Home

As of January 2018

Fully leased fourplex in great central location, close to shopping malls, dining, entertainment & major highways! Each unit has 2 bedrooms & 2 full baths w/ample parking spaces. All 4 units have reliable renters thru 2018. A:$885/month, exp on 5/31/18. B: $925/month, exp on 6/30/18. C: $825/month, exp on 4/30/18. D: $925/month, exp on 8/31/18. Lovely & well-maintained home w/large backyard, mature trees & extra storage. Professionally managed. Don't miss out on a positive cash flow investment opportunity!

Last Agent to Sell the Property

Gene Arant

Keller Williams - Lake Travis License #0436817 Listed on: 12/05/2017

Keller Williams - Lake Travis

Co-Listed By

Jennifer Shahry

Compass RE Texas, LLC License #0597582

Last Buyer's Agent

Neel Segal

ATX Properties License #0492866

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,966

Year Built

  • Built in 1982

Lot Details

  • 8,368 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Wooded Lot

HOA Fees

  • $285 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,124 Sq Ft Home
  • 2-Story Property
  • City Views
  • Laundry in multiple locations

Schools

  • Padron Elementary School
  • Burnet Middle School
  • Navarro Early College High School

Utilities

  • No Heating

Community Details

  • Association fees include cable TV, common area maintenance, maintenance structure, trash
  • $400 HOA Transfer Fee
  • 4 Units
  • Villas At Walnut Cre Association
  • Villas On Walnut Creek Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 9 / B
  • Assessor Parcel Number 02441101090000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,966

Year Built

Built in 1982

Lot Details

8,368 Sq Ft Lot

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 4124.00
  • Restrictions: None
  • Unit Mix: 2/2
  • Year Built: 1982
  • Directions: From Research Blvd, right onto Metric Blvd. Right onto W Rundberg Ln. Right onto West Loop. Apartment complex will be on the right.
  • Disclosures: See Remarks
  • Estimated Taxes: 8225.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4124.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: City, None
  • Accessibility Features: None
  • 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
  • Heating: None
  • Meter Description: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Maintenance Structure, Trash, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 285.00

Association/Amenities

  • Association Name: Villas at Walnut Cre
  • Requirement: Mandatory
  • Association Transfer Fee: 400
  • Association: Yes
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Padron
  • High School: Navarro Early College
  • Middle/Junior School: Burnet (Austin ISD)

Lot Info

  • Lot Features: Level, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02441101090000
  • Lot Size Acres: 0.1950
  • Lot Size Sq Ft: 8368.00
  • Subdivision Name: Villas On Walnut Creek

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3560.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 4124
  • Tax Lot: 9
  • Tax Rate: 2.23014000000000
  • Tax Year: 2017
  • Tax Annual Amount: 7966.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 31, 2018
Sold by
Dorev Properties Llc
Bought by
Papily Raghu Kishore
Seller's Agent
Gene Arant
Keller Williams - Lake Travis
Buyer's Agent
Neel Segal
ATX Properties
List Price
$425,000
Current Estimated Value
$642,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$313,125
Outstanding Balance
$264,855
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$377,436

Purchase Details

Closed on
Apr 5, 2016
Sold by
Brish Eldor
Bought by
Dorev Properties Llc

Purchase Details

Listed on
Oct 5, 2015
Closed on
Oct 5, 2015
Sold by
Bessi Llc
Bought by
Brish Eldor
Seller's Agent
Brent Bockholt
Austin Property Team
Buyer's Agent
Tony Lazarov
Uptown Realty LLC
List Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$260,295
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2015
Sold by
Bockholt Susan and Bockholt Brent
Bought by
Bessi Llc

Purchase Details

Closed on
Aug 30, 2007
Sold by
Hughes Tilton L
Bought by
Bockholt Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Wilson Erik
Bought by
Hughes Tilton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1997
Sold by
Atkins James Eric and Atkins Kathleen Ann
Bought by
Wilson Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,850
Interest Rate
7.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Papily Raghu Kishore -- None Available
Dorev Properties Llc -- None Available
Brish Eldor -- Itc
Bessi Llc -- None Available
Bockholt Susan -- Alamo Title Company
Hughes Tilton L -- Fidelity National Title Co
Wilson Erik -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papily Raghu Kishore $313,125
Previous Owner Brish Eldor $260,295
Previous Owner Bockholt Susan $250,000
Previous Owner Hughes Tilton L $176,250
Previous Owner Wilson Erik $131,850
Closed Bessi Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2018 01/31/18 Sold -- -- --
12/21/2017 12/21/17 Pending -- -- --
12/13/2017 12/13/17 For Sale $425,000 0.0% $103 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $425,000 +13.3% $103 / Sq Ft
10/06/2015 10/06/15 Sold -- -- -- View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $375,000 -- $91 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $13,262 $648,049 $211,785 $436,264
2023 $11,579 $640,000 $275,000 $365,000
2022 $14,606 $739,557 $275,000 $464,557
2021 $12,121 $556,876 $125,000 $431,876
2020 $8,955 $417,500 $125,000 $292,500
2018 $9,243 $417,500 $125,000 $292,500
2017 $8,225 $368,825 $75,000 $293,825
2016 $7,966 $357,182 $60,000 $297,182
2015 $4,522 $217,137 $20,000 $197,137
2014 $4,522 $190,000 $20,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7143580

Unlock MLS (Austin Board of REALTORS®)

APN: 250047

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