NOT LISTED FOR SALE

2306 Cedrick Cove Unit A Austin, TX 78748

Cherry Creek Neighborhood

Estimated Value: $713,000 - $740,000

2 Beds
1 Bath
780 Sq Ft
$928/Sq Ft Est. Value

Highlights

  • 0.4 Acre Lot
  • No HOA
  • No Interior Steps
  • Quartz Countertops
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of October 2024

Welcome to your new home at 2306 Cedrick Cove Unit A, located in charming South Austin. This adorable first-floor unit, recently upgraded, offers cozy comfort and modern convenience. Step into the living room where a charming brick fireplace sets the scene for cozy evenings. The U-shaped kitchen boasts ample cabinet space, perfect for culinary enthusiasts. Two nicely sized bedrooms provide comfortable retreats, complemented by a well-appointed bathroom. Enjoy the convenience of an in-unit washer and dryer, as well as a private patio offering a relaxing outdoor space. Pet-friendly and inclusive of a refrigerator, this home is ready for you to move in and make it your own. Don't miss out on this opportunity to experience South Austin living at its finest! Tenants will be required to sign up for the new Resident Perks Program at $25/mo per household.

Last Agent to Rent the Property

Abigail Fortune

Keller Williams Realty Brokerage Phone: (512) 535-7450 License #0816557 Listed on: 07/30/2024

Keller Williams Realty

Last Renter's Agent

Jackie Cross

eXp Realty, LLC License #0783735

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,067

Year Built

  • Built in 1983

Lot Details

  • 0.4 Acre Lot
  • Northwest Facing Home

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace
  • Vinyl Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Schools

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

Additional Features

  • No Interior Steps
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,149
  • Tenant pays for all utilities, insurance
  • 12 Month Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 04282103220000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tanglewood Forest Sec 03 Subdivision
  • Property managed by Tower Property Management

Pet Policy

  • Pet Deposit $350
  • Dogs and Cats Allowed
  • Large pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,067

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Tenant Pays: All Utilities, Insurance
  • Pets Allowed: Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Large (< 50lbs)
  • Available Date: 2024-08-02
  • App Deposit Payable To: Tower Property Management
  • App Fee Payable To: Tower Property Management
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 2
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 250
  • Pet Deposit: 350
  • Max Lease Months: 24
  • Online App Instructions: https://towerpropertymanagement.appfolio.com/listings
  • Online App Instructions Public: https://towerpropertymanagement.appfolio.com/listings
  • App Delivery To: Tower Property Management 1801 S MoPac Ex-py #100 Austin, TX 78746

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Quadruplex
  • Year Built: 1983
  • Direction Faces: Northwest
  • Directions: West on Slaughter Ln, right on Roxanna, left on Cedrick Cove.
  • Disclosures: None
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: 12 Months
  • Levels: Two
  • Living Area: 780
  • Attribution Contact: (512) 535-7450
  • Attribution Contact: (512) 535-7450
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Unit Style: 1st Floor Entry,End Unit,Neighbor Above
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Quartz Counters, No Interior Steps
  • View: None
  • Flooring: Vinyl
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Cooktop, Oven, RNGHD, Refrigerator, See Remarks, Washer/Dryer Stacked
  • Main Level Bedrooms: 2
  • Security Features: None
  • Spa Features: None
  • Window Features: Blinds
  • ResoLivingAreaSource: Estimated
  • Laundry Location: In Kitchen

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Composition, Shingle
  • 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: See Remarks
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), 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: Tower Property Management

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 04282103220000
  • Lot Size Acres: 0.399
  • Lot Size Sq Ft: 17380.44
  • Subdivision Name: Tanglewood Forest Sec 03

Building Info

  • Construction Materials: Wood Siding
  • New Construction: No

Multi Family

  • Number Of Units Total: 4
  • Management Co Phone: 512-535-7450

Tax Info

  • Tax Filled Sqft Total: 3120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Rajanna Vijay Shankar and Chindigiri Seema Somashekhar
Bought by
Jaffer Salman
Current Estimated Value
$723,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Outstanding Balance
$391,315
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$332,237

Purchase Details

Closed on
Dec 19, 2018
Sold by
Oth Pre Fund 1 Llc
Bought by
Somashekhar Rajanna Vijay Shankar and Somashekhar Chindigiri Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2010
Sold by
The Bank Of New York Mellon
Bought by
Mayfair Bruton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2010
Sold by
Mcnerney Dorothy R
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 18, 2004
Sold by
Keyes Mary Alice
Bought by
Zuniga Edward and Mcnerney Dorothy Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2003
Sold by
Bank One Na
Bought by
Keyes Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
7.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2003
Sold by
Uresti Raul
Bought by
Csfb Mbs Series 2002-5

Purchase Details

Closed on
Sep 7, 2001
Sold by
Lkb Enterprises Llc
Bought by
Uresti Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,440
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Kastleman Bryan
Bought by
Lkb Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2001
Sold by
Kastleman Bryan
Bought by
Kastleman Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2001
Sold by
Lamuette L Greenland Living Trust
Bought by
Kastleman Bryan
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
Jaffer Salman -- Texas National Title
Somashekhar Rajanna Vijay Shankar -- None Available
Mayfair Bruton Llc -- Lsi Title Agency Inc
The Bank Of New York Mellon $173,448 None Available
Zuniga Edward -- --
Keyes Mary Alice -- --
Csfb Mbs Series 2002-5 $188,924 --
Uresti Raul -- --
Lkb Enterprises Llc -- --
Kastleman Bryan -- --
Kastleman Bryan -- Gracy Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaffer Salman $438,750
Previous Owner Somashekhar Rajanna Vijay Shankar $390,000
Previous Owner Mayfair Bruton Llc $130,000
Previous Owner Zuniga Edward $169,200
Previous Owner Keyes Mary Alice $121,500
Previous Owner Uresti Raul $177,440
Previous Owner Kastleman Bryan $141,000
Closed Uresti Raul $44,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Rented $1,149 0.0% --
09/09/2024 09/09/24 Under Contract -- -- --
08/28/2024 08/28/24 Price Changed $1,149 -4.2% $1 / Sq Ft
08/20/2024 08/20/24 Price Changed $1,199 -4.0% $2 / Sq Ft
08/15/2024 08/15/24 Price Changed $1,249 -3.8% $2 / Sq Ft
07/30/2024 07/30/24 For Rent $1,299 -7.1% --
09/02/2022 09/02/22 Rented $1,399 0.0% --
08/26/2022 08/26/22 Under Contract -- -- --
08/26/2022 08/26/22 For Rent $1,399 0.0% --
08/26/2022 08/26/22 Off Market $1,399 -- --
08/25/2022 08/25/22 For Rent $1,399 +86.5% --
01/31/2015 01/31/15 Rented $750 0.0% --
01/31/2015 01/31/15 Under Contract -- -- --
01/08/2015 01/08/15 For Rent $750 -- --
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 $15,067 $547,683 $328,581 $219,102
2023 $13,804 $700,000 $316,250 $383,750
2022 $12,986 $605,000 $316,250 $288,750
2021 $13,574 $574,382 $143,750 $430,632
2020 $12,529 $536,606 $143,750 $392,856
2018 $8,794 $365,816 $115,000 $250,816
2017 $6,254 $260,000 $50,000 $210,000
2016 $6,254 $260,000 $50,000 $210,000
2015 $5,434 $243,913 $50,000 $193,913
2014 $5,434 $212,016 $50,000 $162,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2292607

Unlock MLS (Austin Board of REALTORS®)

APN: 344524