NOT LISTED FOR SALE

2303 Rachael Ct Unit A Austin, TX 78748

Cherry Creek Neighborhood

Estimated Value: $729,000

2 Beds
1 Bath
780 Sq Ft
$935/Sq Ft Est. Value

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Dogs and Cats Allowed
  • 1-Story Property
  • ENERGY STAR Qualified Water Heater
  • North Facing Home

About This Home

As of November 2022

This downstairs unit is a part of a four plex on a cul-de-sac street. We are in the middle of a complete remodel with new cabinets and counter tops. Updated pictures are on the way. There is a refrigerator, dishwasher, disposal. There is a laundry closet with washer/dryer hook ups. The dryer has both electric and gas hook ups. The primary bedroom has two regular size closets. The unit has central AC and Heat. Gas heating, gas water heater, gas range and dryer hook ups. There is a large garden type window and a wood burning fireplace. There is also a storage closet for your extras. Conveniently located between IH 35 and Mopac-Loop1 near grocery shopping, restaurants, schools and everything else you need. It is a MUST SEE!

Last Agent to Rent the Property

John Iles

ILES Real Estate License #0340686 Listed on: 06/28/2022

Last Renter's Agent

John Iles

ILES Real Estate License #0340686 Listed on: 06/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,611

Year Built

  • Built in 1983

Lot Details

  • 7,449 Sq Ft Lot
  • North Facing Home

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Oven
  • Electric Range
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Common or Shared Parking

Schools

  • Kocurek Elementary School
  • Bailey Middle School
  • Akins High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • ENERGY STAR Qualified Water Heater
  • Phone Available

Listing and Financial Details

  • Security Deposit $1,375
  • Tenant pays for all utilities, pest control
  • The owner pays for common area maintenance, exterior maintenance, management, repairs, roof maintenance, taxes
  • Negotiable Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 04282103170000
  • Tax Block A

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tanglewood Forest Sec 03 Subdivision
  • Property managed by ILES Real Estate

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Medium pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,611

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Management, Repairs, Roof Maintenance, Taxes
  • Tenant Pays: All Utilities, Pest Control
  • Pets Allowed: Cats OK, Dogs OK, Medium (< 35 lbs), Number Limit, Size Limit, Breed Restrictions
  • Available Date: 2022-10-27
  • App Deposit Payable To: ILES Real Estate
  • App Fee Payable To: ILES Real Estate
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 1
  • Additional Pet Fee: 75
  • Pet Deposit: 500
  • Max Lease Months: 12

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Quadruplex
  • Year Built: 1983
  • Direction Faces: North
  • Directions: from Slaughter Lane and Roxanna travel North to Rachael Court, turn left or West on Rachael and 2303 is the second fourplex on the left.
  • Disclosures: None
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 780
  • FEMA Flood Plain: No
  • Unit Style: 2nd Floor Entry
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Electric Dryer Hookup, Gas Dryer Hookup, Pantry, Washer Hookup
  • View: None
  • Flooring: Carpet, Vinyl
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Exhaust Fan, Oven, Free-Standing Range, Refrigerator, Water Heater
  • Main Level Bedrooms: 2
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Owner
  • Laundry Location: In Kitchen,Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Dishwasher,Disposal,Range/Oven/Stove,Refrigerator,Water Heater
  • Min Lease Months: 6
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Gas Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: ILES Real Estate
  • Management Co Rep: JOHN

Schools

  • Elementary School: Kocurek
  • High School: Akins
  • Middle/Junior School: Bailey
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 04282103170000
  • Lot Size Acres: 0.171
  • Lot Size Sq Ft: 7448.76
  • Subdivision Name: Tanglewood Forest Sec 03

Building Info

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

Multi Family

  • Number Of Units Total: 4
  • Management Co Phone: (512) 563-8530

Tax Info

  • Tax Block: A
  • Tax Map Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Veronica Smith-Iszard
Bought by
Vj Heritage Austin Llc
Current Estimated Value
$729,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$241,888
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$466,112

Purchase Details

Closed on
Feb 1, 2006
Sold by
Rodenbeck Ryan C and Rodenbeck Angel B
Bought by
Smith Iszard Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2005
Sold by
Erb Paul and Erb Monica
Bought by
Rodenbeck Ryan C and Rodenbeck Angel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,900
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2003
Sold by
Garcia Rolando J and Garcia Lucy P
Bought by
Erb Paul and Erb Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 1999
Sold by
Shih Glen C and Shih Melissa
Bought by
Garcia Rolando J and Garcia Lucy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,271
Interest Rate
7.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Vj Heritage Austin Llc -- First American Title
Smith Iszard Veronica -- None Available
Rodenbeck Ryan C -- --
Erb Paul -- --
Garcia Rolando J -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vj Heritage Austin Llc $260,000
Previous Owner Smith Iszard Veronica $185,000
Previous Owner Smith Iszard Veronica $202,500
Previous Owner Rodenbeck Ryan C $175,900
Previous Owner Erb Paul $151,200
Previous Owner Garcia Rolando $141,121
Previous Owner Garcia Rolando $141,121
Previous Owner Garcia Rolando J $134,271
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Rented $1,375 0.0% --
10/25/2022 10/25/22 Price Changed $1,375 -1.7% $2 / Sq Ft
09/29/2022 09/29/22 Price Changed $1,399 -0.1% $2 / Sq Ft
06/28/2022 06/28/22 For Rent $1,400 +12.0% --
06/16/2022 06/16/22 Rented $1,250 0.0% --
05/25/2022 05/25/22 For Rent $1,250 +39.0% --
12/17/2020 12/17/20 Rented $899 0.0% --
11/18/2020 11/18/20 Price Changed $899 -2.8% $1 / Sq Ft
10/23/2020 10/23/20 Price Changed $925 -2.6% $1 / Sq Ft
10/06/2020 10/06/20 For Rent $950 +5.6% --
10/18/2019 10/18/19 Rented $900 -5.3% --
08/30/2019 08/30/19 Under Contract -- -- --
08/12/2019 08/12/19 Price Changed $950 +5.6% $1 / Sq Ft
07/29/2019 07/29/19 For Rent $900 +9.1% --
09/27/2018 09/27/18 Rented $825 -2.9% --
08/28/2018 08/28/18 Under Contract -- -- --
07/02/2018 07/02/18 For Rent $850 0.0% --
02/26/2018 02/26/18 Rented $850 0.0% --
01/30/2018 01/30/18 For Rent $850 -- --
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 $15,611 $577,480 $294,575 $282,905
2023 $15,611 $657,994 $275,000 $382,994
2022 $14,442 $672,848 $275,000 $397,848
2021 $11,743 $496,904 $125,000 $371,904
2020 $11,405 $488,452 $125,000 $363,452
2018 $9,132 $379,884 $100,000 $279,884
2017 $7,529 $312,969 $50,000 $262,969
2016 $7,525 $312,822 $50,000 $262,822
2015 $6,290 $250,000 $50,000 $200,000
2014 $6,290 $245,435 $50,000 $195,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4424960

Unlock MLS (Austin Board of REALTORS®)

APN: 344519