NOT LISTED FOR SALE

3005 Matador Dr Unit A & B Austin, TX 78741

Parker Lane Neighborhood

Estimated Value: $407,000 - $538,987

4 Beds
2 Baths
1,581 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 12, 2020

Current estimated payment $3,545/month

84 Days on Market

Highlights

  • 0.2 Acre Lot
  • Multiple Living Areas
  • No Interior Steps
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2020

Property Sold "As-Is". Incredible investment potential to own both A & B Units of a duplex. Less than 5 miles from downtown in an up and coming neighborhood. Over $7k in dumpster and demo costs to both units to bring them down to a blank slate ready for remodel. Current comps in the area for similar renovated units renting for $1600/mo per unit. Each unit 790 SF with option to create open living and dining concept.

Last Agent to Sell the Property

Renee Kennedy

PMI Austin License #0641840 Listed on: 05/06/2020

PMI Austin

Last Buyer's Agent

Yusuf Johnson

eXp Realty, LLC License #0563473

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,877

Year Built

  • Built in 1966

Lot Details

  • 8,538 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Multiple Living Areas
  • Dining Area
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Laundry in multiple locations

Parking

  • 2 Parking Spaces
  • Carport

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Schools

  • Linder Elementary School
  • Martin Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Above Ground Utilities

Community Details

  • No Home Owners Association
  • Santa Monica Park Sec 02 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 2 / G
  • Assessor Parcel Number 03100507200000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,877

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Duplex
  • Unit Style: 1st Floor Entry
  • Building Area Total: 1581.00
  • Restrictions: None
  • Year Built: 1966
  • Directions: Take W 15th St to I-35 S/US-290 W Exit S IH 35 Frontage Rd to Burleson Rd Continue on Burleson Rd. Right on Metcalfe Rd Left on Matador Dr , 3005 is on your Left hand side.
  • Disclosures: Familial Relation, Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 6136.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Levels: One
  • Living Area: 1581.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Multiple Dining Areas, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main
  • Laundry Location: In Carport, Laundry Room, Multiple Locations
  • View: None
  • Flooring: See Remarks
  • Fireplace Features: None
  • Num Dining: 2
  • Num Living: 2
  • Accessibility Features: None
  • Appliances: None
  • Main Level Bedrooms: 4
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 4

Exterior Features

  • Exterior Features: No Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Electricity Available, Natural Gas Available
  • Heating: Central, Natural Gas
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Linder
  • Middle School: Martin
  • High School: Travis
  • Elementary School: Linder
  • High School: Travis
  • Middle/Junior School: Martin

Lot Info

  • Lot Features: None
  • Special Assessment: No
  • Parcel Number: 03100507200000
  • Lot Size Acres: 0.1960
  • Lot Size Sq Ft: 8537.76
  • Subdivision Name: Santa Monica Park Sec 02

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer

Tax Info

  • Tax Block: G
  • Tax Filled Sqft Total: 1581
  • Tax Lot: 2
  • Tax Rate: 2.14486000000000
  • Tax Year: 2019
  • Tax Annual Amount: 5877.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 12, 2020
Sold by
Summer Moon Enterprises Lp
Bought by
Bodhi Holdings Llc
Seller's Agent
Renee Kennedy
PMI Austin
Buyer's Agent
Yusuf Johnson
eXp Realty, LLC
List Price
$349,000
Current Estimated Value
$478,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$256,500
Interest Rate
3%

Purchase Details

Closed on
Aug 12, 2019
Sold by
Otto Jay P
Bought by
Summer Moon Enterprises Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1998
Sold by
Houck Gary L
Bought by
Otto Jay P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,237
Interest Rate
6.87%
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
Bodhi Holdings Llc -- Heritage Title
Summer Moon Enterprises Lp -- Independence Title Co
Otto Jay P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodhi Holdings Llc $280,000
Closed Bodhi Holdings Llc $256,500
Previous Owner Summer Moon Enterprises Lp $256,500
Previous Owner Otto Jay P $250,000
Previous Owner Otto Jay P $250,000
Previous Owner Otto Jay P $35,237
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold -- -- --
07/29/2020 07/29/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $329,000 -5.7% $208 / Sq Ft
05/06/2020 05/06/20 For Sale $349,000 -- $221 / 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
2023 $10,855 $600,000 $183,750 $416,250
2022 $8,431 $426,907 $183,750 $243,157
2021 $7,213 $331,359 $183,750 $147,609
2020 $5,877 $274,000 $183,750 $90,250
2019 $6,283 $274,000 $183,750 $90,250
2018 $5,717 $258,219 $183,750 $74,469
2017 $5,789 $259,588 $183,750 $75,838
2016 $5,267 $209,084 $60,000 $149,084
2015 $3,153 $132,479 $60,000 $72,479
2014 $3,153 $132,479 $60,000 $72,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9642227

Unlock MLS (Austin Board of REALTORS®)

APN: 290232