NOT LISTED FOR SALE

2306 Cedrick Cove Unit C 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
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Balcony
  • Central Heating and Cooling System

About This Home

As of April 2021

Adorable unit on second floor available now in South Austin. Living room opens up to a cozy brick fire place. Perfect for the chilly nights. U-shaped kitchen with tons of cabinet space. Nice sized bedrooms and bathroom. Washer and dryer connections. Unit includes a balcony. Great price! Won't be on the market for long! Visit today!

Last Agent to Rent the Property

John Martin

Keller Williams Realty License #0617787 Listed on: 03/19/2021

Keller Williams Realty

Co-Listed By

Justin Rourke

Keller Williams Realty License #0600108

Last Renter's Agent

Jon Roach

The Stiles Agency License #0731539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,067

Year Built

  • Built in 1983

Lot Details

  • 0.4 Acre Lot
  • South Facing Home

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room with Fireplace
  • Vinyl Flooring
  • Neighborhood Views
  • Laundry in unit

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport

Schools

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

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,050
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • 12 Month Lease Term
  • $70 Application Fee
  • Legal Lot and Block 17 / A
  • Assessor Parcel Number 04282103220000
  • Approved for Housing Choice Voucher

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Association Phone (512) 535-3700
  • Tanglewood Forest Sec 03 Subdivision
  • Property managed by Tower Property Management

Pet Policy

  • Pet Deposit $350
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Medium pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,067

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Additional Pet Fee: 150
  • App Delivery To: Ascension Realty Group 1801 S Mopac Suite 100 Austin, TX 78746
  • App Deposit Payable To: Tower Property Management
  • App Fee Payable To: Tower Property Management
  • Application Fee: 70
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 350
  • Security Deposit: 1050
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs)
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Quadruplex
  • Unit Style: 2nd Floor Entry
  • Year Built: 1983
  • Additional Pet Fee Description: Per Additional Pet
  • Administrative Fee Payable To: Tower Property Management
  • Certified Funds: Yes
  • Direction Faces: South
  • Directions: Take Slaughter west from I 35. Turn right onto Roxanna just past Manchaca. Turn left onto Cedrick Cv.
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Housing Vouchers: Yes
  • Intermediary: Yes
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 780.00
  • Monthly Pet Rent Per Pet: No
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Laundry Location: In Unit
  • View: Neighborhood
  • Flooring: Vinyl
  • Fireplace Features: Living Room
  • Management Company: Tower Property Management
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Range, Free-Standing Range, Refrigerator, See Remarks
  • Appliances Maintained: Dishwasher, Range/Oven/Stove, Refrigerator
  • Main Level Bedrooms: 2
  • Security Features: None
  • Smoking Inside: No
  • Spa Features: None
  • Window Features: Blinds

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Meter Description: Allocation Billing, Read Meter
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Property Manager

Association/Amenities

  • Association: No
  • Community Features: None

Fee Information

  • Administration Fee: 99

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 04282103220000
  • Lot Size Acres: 0.3990
  • Lot Size Sq Ft: 17380.44
  • Subdivision Name: Tanglewood Forest Sec 03

Building Info

  • Construction Materials: None
  • New Construction: No

Multi Family

  • Management Co Phone: (512) 535-3700
  • Number Of Units Total: 4

Tax Info

  • Tax Block: A
  • Tax Lot: 17

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
04/01/2021 04/01/21 Rented $1,050 0.0% --
03/24/2021 03/24/21 Under Contract -- -- --
03/19/2021 03/19/21 For Rent $1,050 +25.7% --
11/23/2016 11/23/16 Rented $835 +1.2% --
11/23/2016 11/23/16 Under Contract -- -- --
10/05/2016 10/05/16 For Rent $825 -- --
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: 3592553

Unlock MLS (Austin Board of REALTORS®)

APN: 344524