NOT LISTED FOR SALE

Estimated Value: $588,458 - $712,000

-- Bed
4 Baths
3,120 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 30, 2021

Current estimated payment $4,826/month

14 Days on Market

Highlights

  • Horses Allowed On Property
  • 0.3 Acre Lot
  • No HOA
  • City View
  • Wooded Lot
  • Sport Court

About This Home

As of September 2021

Rare opportunity to purchase a fourplex in this convenient part of south Austin! Easily rentable income property, with good long term potential... One first floor unit vacant and ready for immediate move-in, with good tenants in place in other units. All units are 2 bed/ 1 bath, 780 sq. ft., all with private patio, or balcony. Units A & C are mirror image of units B & D. Each unit has its own private storage closet near their front door. Refrigerators included... Foundation repair completed July 2021.

Last Agent to Sell the Property

Nick Sanchez

StepStone Realty LLC License #0581721 Listed on: 08/06/2021

StepStone Realty LLC

Last Buyer's Agent

Christyan Lepiz

Home Brokers License #0605268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,215

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Wooded Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vertical Siding
  • Masonry Siding
  • Stone Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Window Screens
  • Living Room
  • Dining Room with Fireplace
  • City Views

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Paved Parking
  • Parking Lot
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Horses Allowed On Property

Listing and Financial Details

  • Legal Lot and Block 18 / A
  • Assessor Parcel Number 04282103230000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Tanglewood Forest Sec 03 Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Mailbox

Recreation

  • Sport Court
  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,215

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: City Restrictions, Deed Restrictions
  • Unit Mix: 2/1
  • Year Built: 1983
  • Direction Faces: East
  • Directions: From Slaughter and Menchaca head west on Slaughter. Take a right on Roxanna just past the HEB shopping center. First left on Cedrick Cv. to 2308
  • Disclosures: Familial Relation
  • Estimated Taxes: 12158.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3120.00
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Counter-Laminate, Electric Dryer Hookup, No Interior Steps, Pantry
  • Laundry Location: In Unit
  • View: City, See Remarks
  • Flooring: Carpet, Tile
  • Fireplace Features: Dining Room, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Free-Standing Gas Range, RNGHD, Refrigerator, Water Heater-Gas
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Screens

Exterior Features

  • Exterior Features: Balcony, Exterior Steps, See Remarks
  • Roof: Shingle
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Common, Parking Lot, Paved, Unassigned
  • Total Parking Spaces: 2.00

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: Cluster Mailbox, Park, Playground, Sport Court(s)/Facility

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: Cul-De-Sac, Trees-Moderate
  • Parcel Number: 04282103230000
  • Lot Size Acres: 0.3000
  • Lot Size Sq Ft: 13068.00
  • Subdivision Name: Tanglewood Forest Sec 03

Rental Info

  • Total Actual Rent: 2950.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial, Vertical Siding, Stone
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 3120
  • Tax Lot: 18
  • Tax Rate: 2.41630000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 30, 2021
Sold by
Sanchez Gerard B and Sanchez Elizabeth
Bought by
Lepiz Christyan and Lepiz Laura
Seller's Agent
Nick Sanchez
StepStone Realty LLC
Buyer's Agent
Christyan Lepiz
Home Brokers
List Price
$649,900
Current Estimated Value
$649,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$461,250
Outstanding Balance
$425,154
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,791

Purchase Details

Closed on
Jul 13, 1995
Sold by
Hurley James M
Bought by
Sanchez Gerard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.54%
Mortgage Type
Seller Take Back
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
Lepiz Christyan -- Chicago Title
Sanchez Gerard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepiz Christyan $461,250
Previous Owner Sanchez Gerard $181,900
Previous Owner Sanchez Gerard $162,000
Previous Owner Sanchez Gerard D $160,000
Previous Owner Sanchez Gerard D $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold -- -- --
08/20/2021 08/20/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $649,900 -- $208 / Sq Ft
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 $15,215 $561,531 $318,679 $242,852
2023 $12,719 $644,943 $316,250 $328,693
2022 $14,085 $656,216 $288,750 $367,466
2021 $11,184 $473,246 $131,250 $341,996
2020 $11,467 $491,100 $131,250 $359,850
2018 $8,931 $371,500 $105,000 $266,500
2017 $6,350 $263,957 $50,000 $213,957
2016 $6,411 $266,500 $50,000 $216,500
2015 $6,290 $259,063 $50,000 $209,063
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: 6904663

Unlock MLS (Austin Board of REALTORS®)

APN: 344526