NOT LISTED FOR SALE

2506 S Bagdad Rd Leander, TX 78641

Estimated Value: $357,000 - $484,000

Studio
2 Baths
1,936 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 30, 2022

Current estimated payment $2,934/month

6 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Laundry Room
  • Running Brushy Middle Rated A
  • Living Room
  • 1-Story Property

About This Home

As of June 2022

Cash flowing duplex, with an opportunity for a new owner that self manages to achieve a 4-5% cap rate. Nice open floor plan, units have been updated recently. Multiple offers received, deadline for offer submission is Tuesday, May 31st at 2 pm.

Last Agent to Sell the Property

Nicholas Landis

Epique Realty LLC License #0654352 Listed on: 05/25/2022

Epique Realty LLC

Last Buyer's Agent

Steven Nastri

Austin Castles Realty License #0203658

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.28 Acre Lot
  • West Facing Home
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Composition Roof
  • Vertical Siding
  • Stone Siding

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Schools

  • Running Brushy Middle School
  • Leander High School

Additional Features

  • Sustainability products and practices used to construct the property include see remarks
  • Horses Allowed On Property

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 3 / A
  • Assessor Parcel Number 17W33970A000030006
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Ridgeoaks Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: See Remarks
  • Unit Mix: 3/2
  • Year Built: 1983
  • Direction Faces: West
  • Directions: Merge onto 183A Frontage Rd. Turn left onto E New Hope Dr. Turn right onto US-183 N/N Bell Blvd/N US Hwy 183. Turn left onto Osage Dr and right onto S Bagdad Rd. Property is on the right.
  • Disclosures: See Remarks
  • Estimated Taxes: 9859.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: See Remarks
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1936.00
  • Other Equipment: See Remarks
  • Other Structures: See Remarks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks
  • Laundry Location: See Remarks
  • View: See Remarks
  • Flooring: See Remarks
  • Accessibility Features: See Remarks
  • Appliances: See Remarks
  • Property Condition: Resale
  • Security Features: See Remarks
  • Window Features: See Remarks

Exterior Features

  • Exterior Features: See Remarks
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: See Remarks
  • Waterfront: No

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Heating: See Remarks
  • Meter Description: See Remarks
  • Water Source: See Remarks
  • Cooling: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks

Association/Amenities

  • Association: No
  • Community Features: See Remarks

Schools

  • School District: Leander ISD
  • Elementary School: Patricia Knowles
  • High School: Leander High
  • Middle/Junior School: Running Brushy

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Parcel Number: 17W33970A000030006
  • Lot Size Acres: 0.2830
  • Lot Size Sq Ft: 12327.48
  • Subdivision Name: Ridgeoaks

Rental Info

  • Total Actual Rent: 2965.00
  • Pets Allowed: Negotiable

Building Info

  • Construction Materials: Vertical Siding, Stone
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 1936
  • Tax Lot: 3
  • Tax Rate: 2.37985000000000
  • Tax Year: 2022
  • Tax Exemptions: See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 30, 2022
Sold by
Ruth Norsworthy Olive
Bought by
Hodge Jared L
Seller's Agent
Nicholas Landis
Epique Realty LLC
Buyer's Agent
Steven Nastri
Austin Castles Realty
List Price
$400,000
Current Estimated Value
$430,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.55%
Original Mortgage
$306,000
Outstanding Balance
$257,131
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$173,054
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hodge Jared L -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Jared L $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold -- -- --
05/31/2022 05/31/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $400,000 -- $207 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $8,341 $450,864 $127,367 $323,497
2024 $8,341 $412,413 $127,367 $285,046
2023 $8,327 $412,413 $127,367 $285,046
2022 $9,109 $414,264 $84,911 $329,353
2021 $7,509 $295,667 $73,836 $221,831
2020 $7,299 $284,770 $70,085 $214,685
2019 $7,434 $280,978 $73,651 $207,327
2018 $6,869 $259,636 $70,421 $189,215
2017 $6,204 $229,005 $68,483 $160,522
2016 $6,465 $238,626 $68,483 $170,143
2015 $4,077 $154,726 $44,363 $110,363
2014 $4,077 $147,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4872462

Unlock MLS (Austin Board of REALTORS®)

APN: R037223

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