NOT LISTED FOR SALE

2307 Rachael Ct Unit B Austin, TX 78748

Cherry Creek Neighborhood

Estimated Value: $672,000 - $752,000

2 Beds
1 Bath
780 Sq Ft
$900/Sq Ft Est. Value

Highlights

  • Living Room with Fireplace
  • Central Heating
  • Carpet
  • 1-Story Property

About This Home

As of November 2019

MOVE-IN SPECIAL: 1/2 OFF FIRST FULL MONTH'S RENT!! AVAILABLE FOR MOVE-IN BY 10/26/19. Unit currently being remodeled, fresh paint, fresh flooring throughout, fresh kitchen cabinets! 2-bed / 1-bath fourplex unit on first floor with stone fireplace in the living room and washer/dryer hookup in unit. Close to shopping and bus stop, convenient access to both I-35 and the MoPac. Pet friendly!

Last Agent to Rent the Property

James Hardin

Hecht Real Estate Group License #0656538 Listed on: 10/08/2019

Last Renter's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,353

Year Built

  • Built in 1983

Lot Details

  • 9,148

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Reserved Parking

Utilities

  • Central Heating
  • Separate Meters
  • Separate Water Meter

Listing and Financial Details

  • Security Deposit $895
  • Tenant pays for all bills
  • The owner pays for hoa dues
  • 12-Month Min and 24-Month Max Lease Term
  • $50 Application Fee
  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 04282103150000

Community Details

Overview

  • Property managed by HECHT REAL ESTATE GROUP

Pet Policy

  • Pet Deposit $350
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,353

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Additional Pet Fee: 100
  • Additional Pet Fee Description: Per Additional Pet
  • App Deposit Payable To: HECHT REAL ESTATE GROUP
  • App Fee Payable To: HECHT REAL ESTATE GROUP
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Attached, See Online App
  • First Month Rent Payable To: Broker
  • Lease Guarantor: No
  • Lse Length Negotiable: Yes
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Online App Instructions: https://hechtrealestate.managebuilding.com/Resident/apps/rentalapp/?listingId=54103
  • Online App Instructions Public: https://hechtrealestate.managebuilding.com/Resident/apps/rentalapp/?listingId=54103
  • Owner Pays: Hoa Dues
  • Pet Deposit: 350
  • Pet Description: Both Cats & Dogs, Breed Restrictions, Negotiable/Call Agent
  • Section8: No
  • Security Deposit: 895
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Fourplex
  • Unit Style: 1st Floor Entry, Single Level Floor Plan
  • Access Instructions: Key In Lockbox
  • Total Sq Ft: 780
  • Steps: No Exterior Steps, No Interior Steps
  • Stories: 2
  • Year Built: 1983
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Close Price By Sq Ft: 1.15
  • Ratio Current Price By Lot Size: 4086.76
  • Ratio Current Price By Sq Ft: 1.15
  • Ratio List Price By Sq Ft: 1.15
  • Special Features: None

Interior Features

  • Disability Features: No
  • Main Level Bedrooms: 2
  • Dining Description: Dining L
  • Laundry Facilities: Dryer Connection - Electric, Dryer Connection - Gas, In Unit, Kitchen, Washer Connections
  • Sprinkler System: No
  • Flooring: Carpet, Vinyl Sheet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Kitchen Appliances: Dishwasher, Disposal, Range-Free Standing, Single Oven
  • Management Company: HECHT REAL ESTATE GROUP
  • Master Main: Yes
  • Num Dining: 1
  • Fireplaces: 1
  • Num Living: 1
  • Num Parking Spaces: 2
  • Refrigerator: No

Exterior Features

  • Pool on Property: No
  • Waterfront: No
  • Foundation: Slab

Garage/Parking

  • Parking Features: 2 Reserved, Off Street

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central Heat
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: City

Condo/Co-op/Association

  • HOA: No
  • Managed By: Property Manager
  • Manager Phone: 512-310-8313
  • Pets: Yes

Fee Information

  • Per Person: Yes
  • Per Pet: No

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary A: Kocurek
  • Intermediary: Yes
  • Middle Intermediate School: Bailey
  • High School: Akins

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Size Area: 0.219
  • Parcel Number: 04282103150000
  • M A P S C O Grid: J
  • M A P S C O Page: 673

Tax Info

  • Tax Block: A
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Diebel Matthew and Diebel Kirsten
Bought by
Hooda Jagbir Singh and Gandlur Suvarna M
Current Estimated Value
$702,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$368,093
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$333,949

Purchase Details

Closed on
May 8, 2015
Sold by
Louis Family Trust
Bought by
Deibel Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2013
Sold by
Louis Shawn M
Bought by
Louis Shawn M and Louis Elizabeth A

Purchase Details

Closed on
Mar 15, 2006
Sold by
Hyde David A and Hyde Jeanne
Bought by
Louis Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,930
Interest Rate
1.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 6, 2001
Sold by
Daniels Melvita
Bought by
Hyde David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1999
Sold by
Fu Frank S and Fu Feng Ying
Bought by
Daniels Melvita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,650
Interest Rate
7.73%
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
Hooda Jagbir Singh -- Texas National Title
Deibel Matthew -- Itc
Louis Shawn M -- None Available
Louis Shawn -- None Available
Hyde David A -- --
Daniels Melvita -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hooda Jagbir Singh $412,500
Previous Owner Deibel Matthew $198,000
Previous Owner Louis Shawn $160,930
Previous Owner Hyde David A $190,000
Previous Owner Daniels Melvita $115,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Rented $895 0.0% --
10/28/2019 10/28/19 Under Contract -- -- --
10/08/2019 10/08/19 For Rent $895 +62.7% --
02/06/2012 02/06/12 Rented $550 -15.4% --
02/04/2012 02/04/12 Under Contract -- -- --
12/07/2011 12/07/11 For Rent $650 -- --
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 $13,353 $500,543 $301,039 $199,504
2023 $13,353 $543,324 $275,000 $268,324
2022 $13,790 $642,466 $275,000 $367,466
2021 $11,067 $468,296 $125,000 $343,296
2020 $10,099 $432,534 $125,000 $307,534
2018 $9,132 $379,884 $100,000 $279,884
2017 $6,736 $280,000 $50,000 $230,000
2016 $6,736 $280,000 $50,000 $230,000
2015 $6,685 $275,529 $50,000 $225,529
2014 $6,685 $260,838 $50,000 $210,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6823126

Unlock MLS (Austin Board of REALTORS®)

APN: 344517