NOT LISTED FOR SALE

Estimated Value: $494,000 - $720,000

4 Beds
2 Baths
1,559 Sq Ft
$417/Sq Ft Est. Value

Last Sold November 20, 2024

Current estimated payment $4,513/month

227 Days on Market

Highlights

  • Private Pool
  • North Facing Home
  • Level Lot
  • No HOA
  • Property is in excellent condition

About This Home

As of November 2024

Shovel Ready - Build 3 Units on this stellar lot in North Austin - Plans are stamped and ready to start! Seller financing is available for this deal both the purchase and the construction. Unlock the potential of this expansive 2-lot land parcel, strategically located on Ohlen Road. Boasting vast development potential, this property offers the opportunity to build three impressive, 3-story units, making it an ideal investment for investors and developers. The potential to build three, 3-story units opens up a world of possibilities for maximizing the use of this property.Situated on Ohlen Road, in the desirable Wooten neighborhood, this property enjoys a prime location in an area of high demand. Conveniently accessible to major highways, shopping centers, dining options, and entertainment venues, this development offers residents a convenient and fulfilling lifestyle. The prospect of constructing three, 3-story units promises excellent investment potential. The demand for housing in the area makes this an opportune time to secure this development deal. Developers will appreciate the potential for maximizing returns while providing quality homes for future residents. Don't miss out on this exceptional development opportunity at 2203 Ohlen Road. For more information and details, including zoning information, architectural plans, and potential ROI, reach out to the listing agent. Secure your place in Austin's thriving real estate market with this exciting development deal.

Last Agent to Sell the Property

Michael Estes

Trend Real Estate Brokerage Phone: (512) 554-8554 License #0494994 Listed on: 03/21/2024

Last Buyer's Agent

Bryan McLane

MCLANE REALTY, LLC License #0620413

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,015

Lot Details

  • 9,744 Sq Ft Lot
  • Lot Dimensions are 85 x 115
  • North Facing Home
  • Level Lot
  • Property is in excellent condition
  • Tear Down

Parking

  • 2 Parking Spaces

Schools

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

Additional Features

  • No Kitchen Appliances
  • Private Pool
  • City Lot
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Dixie Terrace Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 02410704020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,015

Lot Details

9,744 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: See Remarks
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From Burnet Road - East on Ohlen - house on the RT
  • Disclosures: Real Estate Owned (Lender), Seller Provided Survey Available, See Remarks
  • Fencing: See Remarks
  • Other Structures: See Remarks
  • Special Listing Conditions: Real Estate Owned
  • Attribution Contact: (512) 554-8554
  • Attribution Contact: (512) 554-8554
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 18574.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 41.11
  • "Current Price By Original ": 0.67
  • List Price Lot Size Square: 41.11
  • List Price By Original Lis: 0.67
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Special Features: 5120

Interior Features

  • View: None
  • Appliances: None
  • Property Condition: Tear Down, Excellent
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: City Lot, Curbs, Level
  • Lot Size: 85 x 115
  • Parcel Number: 02410704020000
  • Lot Size Acres: 0.2237
  • Lot Size Sq Ft: 9744.37
  • Subdivision Name: Dixie Terrace

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17015.48
  • Tax Rate: 1.97490000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Nov 20, 2024
Sold by
1S Reo Income Advantage Llc
Bought by
True Home Constructions Llc and Fifteen Six Vision Llc
Seller's Agent
Michael Estes
Trend Real Estate
Buyer's Agent
Bryan McLane
MCLANE REALTY, LLC
List Price
$599,555
Views
854
Current Estimated Value
$649,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.20%

Purchase Details

Closed on
Dec 20, 2023
Sold by
1 Sharpe Income Advantage
Bought by
1S Reo Income Advantage Llc

Purchase Details

Closed on
Jul 7, 2023
Sold by
Zavala Angela
Bought by
Next Level Rei Llc

Purchase Details

Closed on
Oct 7, 2021
Sold by
Texas Capitol Llc
Bought by
Next Level Rei Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,650
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 30, 2018
Sold by
Spur Interprests Ltd
Bought by
Hegedus Wilson Jacqieline and Wilson Jesse Rudolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2017
Closed on
May 18, 2017
Sold by
Texas Capitol Llc
Bought by
Spur Interest Ltd
Seller's Agent
Tina Mallach
Mallach and Company
Buyer's Agent
Trevor Pitts
Wave Realty Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.92%
Original Mortgage
$250,000
Interest Rate
4.08%
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
True Home Constructions Llc -- Texas National Title
True Home Constructions Llc -- Texas National Title
1S Reo Income Advantage Llc -- None Listed On Document
Next Level Rei Llc $600,000 None Listed On Document
Next Level Rei Llc -- Independence Title
Hegedus Wilson Jacqieline -- Capstone Title
Spur Interest Ltd $360,000 Independence Title Co
Texas Capitol Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Next Level Rei Llc $727,650
Previous Owner Hegedus Wilson Jacqieline $347,000
Previous Owner Spur Interest Ltd $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2024 11/20/24 Sold -- -- --
10/25/2024 10/25/24 Price Changed $400,555 -33.2% $257 / Sq Ft
03/21/2024 03/21/24 For Sale $599,555 0.0% $385 / Sq Ft
06/28/2018 06/28/18 Rented $2,300 0.0% --
06/16/2018 06/16/18 Under Contract -- -- --
05/23/2018 05/23/18 Price Changed $2,300 -23.3% $1 / Sq Ft
03/30/2018 03/30/18 For Rent $3,000 0.0% --
05/18/2017 05/18/17 Sold -- -- -- View Prior Sale
05/18/2017 05/18/17 Off Market -- -- --
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 $12,514 $611,489 $339,597 $271,892
2023 $13,023 $940,473 $325,000 $615,473
2022 $18,256 $924,391 $400,000 $524,391
2021 $12,501 $574,300 $240,000 $334,300
2020 $9,630 $449,000 $240,000 $209,000
2018 $7,758 $350,407 $240,000 $110,407
2017 $5,957 $267,092 $200,000 $121,057
2016 $5,415 $242,811 $180,000 $129,914
2015 $1,243 $220,737 $140,000 $108,508
2014 $1,243 $200,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8417171

Unlock MLS (Austin Board of REALTORS®)

APN: 246031

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