NOT LISTED FOR SALE

2303 Rachael Ct Unit C Austin, TX 78748

Cherry Creek Neighborhood

Estimated Value: $729,000

2 Beds
1 Bath
3,120 Sq Ft
$234/Sq Ft Est. Value

Highlights

  • No HOA
  • Storage
  • ENERGY STAR Qualified Water Heater
  • Dual Closets
  • Central Heating and Cooling System
  • North Facing Home

About This Home

As of February 2023

This upstairs unit has wood type vinyl flooring in LR, DR, Kit and hallway. No Carpet! There is a fireplace in the LR. The unit comes with a storage unit and laundry hookups. This location is close to Shopping, Restaurants, Schools with easy access to IH 35 and Mopac. This is a MUST SEE!

Last Agent to Rent the Property

John Iles

ILES Real Estate Brokerage Phone: (512) 512-5638 License #0340686 Listed on: 11/23/2022

Last Renter's Agent

Rosemarie Veals

Cultivate Realty Inc License #0755555

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

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room with Fireplace
  • Storage
  • Washer and Gas Dryer Hookup
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dual Closets
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Assigned 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

Community Details

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

Listing and Financial Details

  • Security Deposit $1,200
  • Tenant pays for all utilities, cable TV, electricity, gas, hot water, insurance, pest control, sewer, telephone, trash collection, water
  • The owner pays for common area maintenance, exterior maintenance, grounds care, management, repairs, roof maintenance, taxes
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 04282103170000

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, Grounds Care, Management, Repairs, Roof Maintenance, Taxes
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Hot Water, Insurance, Pest Control, Sewer, Telephone, Trash Collection, Water
  • Pets Allowed: No
  • Available Date: 2022-12-01
  • 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
  • Monthly Pet Rent: 0
  • 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: 12 Months
  • Levels: Two
  • Living Area: 3120
  • Attribution Contact: (512) 512-5638
  • Attribution Contact: (512) 512-5638
  • FEMA Flood Plain: No
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Electric Dryer Hookup, Gas Dryer Hookup, Pantry, Storage, Two Primary Closets, 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: PublicRecords
  • Laundry Location: Laundry Closet
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Dishwasher,Disposal,Range/Oven/Stove,Refrigerator
  • Min Lease Months: 6
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • 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

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 Map Number: 12
  • Tax Filled Sqft Total: 3120

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
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
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
02/14/2023 02/14/23 Rented $1,200 0.0% --
01/01/2023 01/01/23 Price Changed $1,200 -12.7% $0 / Sq Ft
11/23/2022 11/23/22 For Rent $1,375 +66.7% --
03/06/2018 03/06/18 Rented $825 0.0% --
12/05/2017 12/05/17 For Rent $825 0.0% --
09/02/2016 09/02/16 Rented $825 -2.9% --
09/02/2016 09/02/16 Under Contract -- -- --
06/17/2016 06/17/16 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: 5628828

Unlock MLS (Austin Board of REALTORS®)

APN: 344519