NOT LISTED FOR SALE

Estimated Value: $545,223 - $671,000

-- Bed
6 Baths
4,560 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 25, 2023

Current estimated payment $4,161/month

34 Days on Market

Highlights

  • 0.2 Acre Lot
  • No HOA
  • Walk-In Closet
  • Property is near public transit
  • Front Porch
  • Living Room

About This Home

As of August 2023

Fully rented fourplex for sale in East Riverside! This fourplex offers easy access to many of Austin’s favorite places: Downtown, the airport, Oracle, University of Texas, Tesla HQ, and more. The property is located in Opportunity Zone Tract 23.07. The location also offers tenants convenient access to transportation corridors. Where Mission Hill Drive intersects with Burleson Rd, cyclists can hop on Austin’s ‘High Comfort’ Bike Route which features a protected bike lane with tall, reflective pylons. Only .5miles from nearest Metro Bus Stop. Only 1.7mi bike ride to the proposed new Blue Line Lightrail stop at East Riverside Dr and Pleasant Valley Rd (all development plans include this stop). The Blue Line will connect to the downtown transit center station in all plans, and also to the airport in most plans. Total monthly income is $5,030/mo (and could be higher; units are under-rented; ask agent). 3 units HVACs replaced in 2017; 4th unit hvac replaced 2022. All units electrical panels replaced 2022. Units 101, 102 and 104 remodeled btwn 2018-2020 (about $15-20K value/e.) with new dishwashers, refrigerators, laminate flooring downstairs, and fresh paint throughout. Each unit is 1,140sqft with 2 bedrooms, 1.5 bathrooms and a large laundry room on the main floor. Each unit features a fully fenced, private backyard. Tours ONLY Wednesday mornings or Saturday afternoons; must use agent showing service to schedule.

Last Agent to Sell the Property

Emily Ross

Keller Williams Realty License #0649266 Listed on: 06/09/2023

Keller Williams Realty

Last Buyer's Agent

Rebecca Taurozzi

Compass RE Texas, LLC License #0712548

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,025

Year Built

  • Built in 1968

Lot Details

  • 8,499 Sq Ft Lot
  • South Facing Home
  • Private Entrance
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Parking

  • 8 Car Garage
  • Common or Shared Parking
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Masonry Siding

Interior Spaces

  • Walk-In Closet
  • 4,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Dining Room

Kitchen

  • Gas Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Front Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Linder Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Shared Water Meter

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 6
  • Assessor Parcel Number 03110410200000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Mission Hill Sec 02 Subdivision

Amenities

  • Courtyard

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,025

Year Built

Built in 1968

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: None
  • Unit Mix: 2/1.5
  • Year Built: 1968
  • Direction Faces: South
  • Directions: From I-35 go east on 71/Ben White. Exit toward Woodward St/Burleson Rd/Todd Ln from State Hwy 71 E. Turn left/north on Burleson Rd. Take first left on Mission Hill Drive. Property will be on the right/north side of Mission Hill Drive.
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 15024.98
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Fenced, Full, Wood
  • Garage Spaces: 8.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4560.00
  • Other Equipment: Electric Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Counter-Laminate, Electric Dryer Hookup, Interior Steps, Pantry, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Unit, Laundry Room, Lower Level
  • View: None
  • Flooring: Carpet, Laminate, Linoleum, Vinyl
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Private Entrance, Private Yard
  • Roof: Shingle
  • Foundation: Slab
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 8.00
  • Parking Features: Asphalt, Common

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Meter Description: Water Common, See Remarks
  • Water Source: Public
  • Cooling: Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: Courtyard

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Linder
  • Middle School: Lively
  • High School: Travis
  • Elementary School: Linder
  • High School: Travis
  • Middle/Junior School: Lively

Lot Info

  • Lot Features: City Lot, Level, Near Public Transit
  • Parcel Number: 03110410200000
  • Lot Size Acres: 0.1951
  • Lot Size Sq Ft: 8498.56
  • Subdivision Name: Mission Hill Sec 02

Rental Info

  • Total Actual Rent: 4745.00
  • Pets Allowed: Negotiable

Building Info

  • Construction Materials: Brick, Masonry – Partial
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 4560
  • Tax Lot: 6
  • Tax Rate: 1.97490000000000
  • Tax Year: 2023
  • Tax Annual Amount: 15024.98
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2019
Sold by
2202 Mission Circle Llc
Bought by
Elohe Loans Llc
Current Estimated Value
$608,112

Purchase Details

Listed on
Mar 16, 2017
Closed on
May 2, 2017
Sold by
Otto Milton Joseph
Bought by
Kwan Ada Ho Ying and Lai Fan Wan
Seller's Agent
Neel Segal
ATX Properties
Buyer's Agent
Erin Jones
Real Broker, LLC
List Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$304,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 12, 2016
Sold by
Caswell James D and Caswell Martha
Bought by
2202 Mission Circle Llc

Purchase Details

Closed on
Nov 21, 2006
Sold by
Novastar Mortgage Inc
Bought by
Caswell James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,440
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2006
Sold by
Maldonado Marisol and Maldonado Christopher
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Aug 25, 2004
Sold by
Bonet Floreal A and Bonet Yolanda F
Bought by
Maldonado Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Deotto Alicia Maria Rueda
Bought by
Otto Milton Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 1998
Sold by
Bonet Alexis and Rojas Helios U
Bought by
Bonet Floreal A and Bonet Yolanda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,300
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1997
Sold by
Defiel Michael K
Bought by
Otto Milton J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 1993
Sold by
Shriver Scott and Shriver Paula Ann
Bought by
Lively Bobby J and Lively Georgeanne W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
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
Elohe Loans Llc -- First American Title
Kwan Ada Ho Ying -- None Available
2202 Mission Circle Llc -- Attorney
Caswell James D -- First American Title
Novastar Mortgage Inc $152,127 None Available
Maldonado Marisol -- American-Austin Title Co
Otto Milton Joseph -- Alamo Title Company
Bonet Floreal A -- Fidelity National Title
Otto Milton J -- Stewart Title
Lively Bobby J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwan Ada Ho Ying $304,500
Previous Owner Caswell James D $103,440
Previous Owner Maldonado Marisol $148,500
Previous Owner Otto Milton J $165,750
Previous Owner Bonet Floreal $85,500
Previous Owner Bonet Floreal A $79,300
Previous Owner Otto Milton J $99,000
Previous Owner Lively Bobby J $59,000
Closed Maldonado Marisol $39,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold -- -- --
07/13/2023 07/13/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $699,000 0.0% $153 / Sq Ft
06/08/2018 06/08/18 Rented $1,095 0.0% --
05/30/2018 05/30/18 Under Contract -- -- --
05/19/2018 05/19/18 For Rent $1,095 0.0% --
05/02/2017 05/02/17 Sold -- -- --
03/30/2017 03/30/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $475,000 -- $104 / 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 $10,164 $635,936 $253,127 $382,809
2023 $12,389 $684,785 $175,000 $509,785
2022 $15,025 $760,788 $175,000 $585,788
2021 $12,035 $552,909 $175,000 $377,909
2020 $10,869 $506,734 $175,000 $331,734
2018 $10,492 $473,894 $175,000 $298,894
2017 $9,826 $440,596 $175,000 $265,596
2016 $6,066 $271,981 $30,000 $241,981
2015 $4,950 $245,022 $30,000 $215,022
2014 $4,950 $208,000 $30,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8172275

Unlock MLS (Austin Board of REALTORS®)

APN: 291223