NOT LISTED FOR SALE

Estimated Value: $672,000 - $706,000

Studio
10 Baths
4,092 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 29, 2023

Current estimated payment $4,572/month

9 Days on Market

Highlights

  • Granite Countertops
  • Neighborhood Views
  • Tile Flooring
  • No HOA
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of November 2023

Discover a lucrative investment in the heart of East Austin with this fully leased quadruplex, ideally situated walking distance from the bustling Riverside Drive and minutes from downtown and the airport. With its prime location near booming Riverside, the epicenter of Austin’s growth and where a new rail line is planned, this quadruplex offers a fantastic opportunity for savvy investors. Enjoy a steady income stream from day one because it is fully leased. This quadruplex offers an unusual floor plan, with each bedroom having its own en suite bathroom, making it ideal for roommates. Don't miss your chance to invest in a property that promises both present stability and future growth. Schedule a viewing today!

Last Agent to Sell the Property

Lilly Rockwell

Compass RE Texas, LLC Brokerage Phone: (512) 575-3644 License #0696828 Listed on: 10/11/2023

Compass RE Texas, LLC

Last Buyer's Agent

Kurt Duffeck

Redfin Corporation License #0607712

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 9,487 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Few Trees
  • Property is in average condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • Walk-In Closet
  • 4,092 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Neighborhood Views

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • Open Parking
  • Parking Lot
  • Outside Parking
  • Off-Site Parking

Location

  • City Lot

Schools

  • Allison Elementary School
  • Martin Middle School
  • Eastside Early College High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 03081003110000

Community Details

Overview

  • No Home Owners Association
  • Kasparek Add Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

9,487 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1984
  • Direction Faces: Southeast
  • Directions: Going South on I-35, go East on East Riverside Dr., right on Kirksey Dr.
  • Disclosures: Seller Disclosure
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 4092
  • Other Equipment: Electric Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 575-3644
  • Attribution Contact: (512) 575-3644
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9716.73
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 83.27
  • Current Price By Living Ar: 193.06
  • "Current Price By Original ": 1.07
  • List Price Lot Size Square: 77.47
  • List Price By Living Area: 179.62
  • List Price By Original Lis: 1.00
  • Restrictions: City Restrictions,Zoning
  • Tax Exemptions: None
  • Unit Mix: 2/2.5
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters, Laminate Counters, Electric Dryer Hookup, Walk-In Closet(s), Washer Hookup
  • View: Neighborhood
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Range
  • Property Condition: Resale, Average
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit

Exterior Features

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

Garage/Parking

  • Parking Features: Common, Off Site, Open, Outside, Parking Lot
  • Total Parking Spaces: 8

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Allison
  • High School: Eastside Early College
  • Middle/Junior School: Martin
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: City Lot, Public Maintained Road, Trees-Small (Under 20 Ft), Trees-Sparse
  • Parcel Number: 03081003110000
  • Lot Size Acres: 0.2178
  • Lot Size Sq Ft: 9487.37
  • Subdivision Name: Kasparek Add
  • Special Assessment: No

Rental Info

  • Owner Pays: Grounds Care
  • Total Actual Rent: 4850
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Frame, HardiPlank Type, Wood Siding
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Filled Sqft Total: 4092
  • Tax Rate: 1.80924700000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Nov 29, 2023
Sold by
Welsh Evan and Welsh Amber
Bought by
Hoang Thuynhu
Seller's Agent
Lilly Rockwell
Compass RE Texas, LLC
Buyer's Agent
Kurt Duffeck
Redfin Corporation
List Price
$735,000
Views
22
Current Estimated Value
$687,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.77%
Original Mortgage
$632,000
Outstanding Balance
$621,768
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$65,657

Purchase Details

Closed on
Mar 2, 2011
Sold by
Mendoza Robert J and Mendoza Cynthia R
Bought by
Welsh Evan and Welsh Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,100
Interest Rate
4.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2000
Sold by
Keirns Harry D and Keirns Nancy A
Bought by
Karney James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Hoang Thuynhu -- None Listed On Document
Welsh Evan -- None Available
Karney James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Thuynhu $632,000
Previous Owner Welsh Evan $182,100
Previous Owner Karney James L $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold -- -- --
10/20/2023 10/20/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $735,000 -- $180 / 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 $10,770 $637,339 $254,052 $383,287
2023 $9,834 $543,549 $75,000 $468,549
2022 $11,926 $603,876 $75,000 $528,876
2021 $9,647 $443,219 $75,000 $368,219
2020 $9,523 $444,000 $75,000 $369,000
2018 $4,696 $212,114 $20,000 $192,114
2017 $4,734 $212,293 $20,000 $192,293
2016 $4,734 $212,293 $20,000 $192,293
2015 $5,709 $239,887 $20,000 $219,887
2014 $5,709 $239,887 $20,000 $219,887
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3692561

Unlock MLS (Austin Board of REALTORS®)

APN: 551518

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