NOT LISTED FOR SALE

Estimated Value: $522,000 - $702,000

Studio
2 Baths
1,408 Sq Ft
$436/Sq Ft Est. Value

Last Sold June 14, 2021

Current estimated payment $3,815/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Property is near public transit
  • Kealing Middle School Rated A
  • Deck
  • Wooded Lot

About This Home

As of June 2021

Rare duplex in 78702. Zoned LR-MU-NP. Always rented. Both units have been renovated and well maintained. Great investment opportunity. Almost 0.2 acre with redevelopment potential--zoning allows for non-owner occupied short-term rentals, and zoning allows for more than 2 units to be developed on this site--verify with City of Austin. Unit A on month-to-month lease. Unit B lease ends 6/30/21. Unit A has a small private fenced-in outdoor space. Unit B has very large backyard, totally fenced in with gate. Unit B also has a nice recently painted deck off the back door. Both units have stackable washer/dryer hookups, dishwashers, recent fridges, lots of cabinets. Hard tile in both units. No carpet!

Last Agent to Sell the Property

Thomas Lambert

E3 Properties License #0677143 Listed on: 05/21/2021

Last Buyer's Agent

Shelley Dahlman

Waterloo Realty, LLC License #0656713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,191

Year Built

  • Built in 1986

Lot Details

  • 8,494 Sq Ft Lot
  • East Facing Home
  • Back and Front Yard Fenced
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Aluminum Window Frames
  • Tile Flooring
  • Security System Owned

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Parking

  • 4 Parking Spaces
  • Common or Shared Parking
  • Driveway

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Campbell Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Separate Meters
  • Above Ground Utilities
  • Natural Gas Connected
  • Shared Water Meter
  • High Speed Internet
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near public transit
  • Horses Allowed On Property

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 29
  • Assessor Parcel Number 02101401220000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Division B Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,191

Year Built

Built in 1986

Lot Details

8,494 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: Zoning
  • Unit Mix: 2/1
  • Year Built: 1986
  • Direction Faces: East
  • Directions: From I-H35, take 12th street east 1.5 miles. Duplex is on the left.
  • Disclosures: Owner/Agent
  • Estimated Taxes: 9412.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Chain Link, Front Yard, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1408.00
  • Other Equipment: Dryer Connections, Gas Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Real Estate Owned
  • Title: Seller
  • Special Features: 20

Interior Features

  • Interior Amenities: Counter-Laminate, Electric Dryer Hookup, Gas Dryer Hookup, No Interior Steps, Open Floorplan, Primary Bedroom on Main
  • Laundry Location: In Kitchen
  • View: None
  • Flooring: Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer Stacked
  • Property Condition: Resale
  • Security Features: Security System Owned
  • Window Features: Aluminum Frames

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Deck, Front Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Common, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Cable Available, Cable Connected, Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Ceiling, Electric
  • Meter Description: Electric Separate, Gas Separate, Water Common
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Campbell
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Back Yard, Level, Near Public Transit, Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02101401220000
  • Lot Size Acres: 0.1950
  • Lot Size Sq Ft: 8494.20
  • Subdivision Name: Division B

Rental Info

  • Total Actual Rent: 2500.00
  • Pets Allowed: Yes

Building Info

  • Construction Materials: Brick Veneer, HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1408
  • Tax Lot: 29
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 8191.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2006
Sold by
Mak Kent
Bought by
Lambert Thomas L
Current Estimated Value
$613,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Outstanding Balance
$65,969
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$547,914

Purchase Details

Closed on
Mar 30, 2005
Sold by
Austin 1616 First Trust
Bought by
Mak Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,930
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 26, 2004
Sold by
Josephine Walrus 78722 Trust
Bought by
Austin 1616 First Trust

Purchase Details

Closed on
Feb 25, 2003
Sold by
Burlow Fairy
Bought by
Josephine Walras 78722 Trust
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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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
Lambert Thomas L -- Fidelity National Title Ins
Mak Kent -- Chicago Title Co
Austin 1616 First Trust -- Chicago Title Insurance Comp
Josephine Walras 78722 Trust -- --
Josephine Walrus 78722 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Thomas L $110,400
Previous Owner Mak Kent $105,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold -- -- --
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $549,000 -- $390 / 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 $7,946 $388,264 $150,000 $238,264
2023 $10,520 $629,311 $360,000 $269,311
2022 $13,363 $676,625 $360,000 $316,625
2021 $9,201 $422,705 $240,000 $182,705
2020 $7,972 $371,700 $240,000 $131,700
2018 $7,082 $319,896 $240,000 $79,896
2017 $4,977 $223,151 $200,000 $23,151
2016 $5,467 $245,139 $200,000 $45,139
2015 $4,919 $203,959 $150,000 $53,959
2014 $4,919 $206,713 $150,000 $56,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2724863

Unlock MLS (Austin Board of REALTORS®)

APN: 200673

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