NOT LISTED FOR SALE

308 Terrace Dr Unit A Austin, TX 78704

SoCo Neighborhood

Estimated Value: $1,040,217 - $1,217,000

3 Beds
2.5 Baths
1,903 Sq Ft
6,098 Sq Ft Lot

Last Sold April 03, 2024

Current estimated payment $6,708/month

60 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Main Floor Primary Bedroom
  • Mature Trees
  • Wood Flooring
  • High Ceiling

About This Home

As of April 2024

Immerse yourself in the essence of modern living with this Travis Heights gem. The 3 bed, two & half bath home spans w/1 garage, 1 carport & 1,903 sq. ft. is complemented by an additional 231 sq. ft. rooftop bonus room, perfect for yoga sessions, a home office, or efficient storage.An open-concept layout defines the living / kitchen areas, where flat-panel cabinetry & sleek granite countertops set the stage for culinary adventures & stylish entertaining. A built-in dry bar & adjacent screen porch offers a tranquil retreat for savoring your favorite beverage or diving into a captivating book. This serene space effortlessly transitions to a spacious backyard patio, enveloped by lush landscaping for utmost privacy. The primary suite on the main level has a spa-inspired bathroom, complete with a lavish soaking tub & a walk-in shower. A generously sized walk-in closet adds to the allure of this personal sanctuary. Ascending to the second level, discover a versatile studio landing, currently utilized as a home office but adaptable to accommodate fitness equipment like a Peloton or treadmill. The second floor showcases two expansive bedrooms, each featuring walk-in closets. Sun-drenched interiors, framed by expansive windows, create a welcoming ambiance throughout.Relish Austin's dynamic skyline from two rooftop terraces, perfect for hosting gatherings or unwinding amidst the urban panorama. The first rooftop terrace boasts a covered pergola. Ascend the unique spiral staircase to the rooftop deck, where unobstructed city views set the stage for unparalleled relaxation or entertainment. A discreet "hobbit door" unveils an additional 231 square feet of versatile space, offering panoramic view of the St Edwards tower.Elevate your outdoor experience in the expansive yard, featuring xeriscaping. This residence exudes charm and privacy of a standalone home, with a shared connection at the carport. Walk to South Congress' eclectic shops, restaurants, parks.

Last Agent to Sell the Property

Reinae Kessler

Austin Home Girls Realty Brokerage Phone: (512) 983-8556 License #0563167 Listed on: 01/03/2024

Last Buyer's Agent

Amy Kline

eXp Realty, LLC License #0619977

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,134

Year Built

  • Built in 2007

Lot Details

  • South Facing Home
  • Wood Fence
  • Wire Fence
  • Xeriscape Landscape
  • Mature Trees
  • Wooded Lot
  • Private Yard
  • Property is in excellent condition

Parking

  • 1 Car Attached Garage
  • Carport

Property Views

  • Panoramic
  • City

Home Design

  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,903 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • High Ceiling
  • Gas Log Fireplace
  • Aluminum Window Frames
  • Living Room with Fireplace
  • Prewired Security

Kitchen

  • Breakfast Bar
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Travis Hts Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Association fees include insurance
  • Terrace Drive Condo 308 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03020017020000
  • Tax Block 1

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,134

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Additional Parcels: No
  • Direction Faces: South
  • Directions: Southbound on Congress~Left on E Annie St~Right on Newning Ave~ Right on Terrace Dr
  • Disclosures: Seller Disclosure
  • Fencing: Privacy, Wire, Wood
  • Fireplaces: 1
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 1903
  • Other Structures: Storage
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 983-8556
  • Attribution Contact: (512) 983-8556
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 21281.33
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 191.20
  • Current Price By Living Ar: 612.72
  • "Current Price By Original ": 0.88
  • List Price Lot Size Square: 204.97
  • List Price By Living Area: 656.86
  • List Price By Original Lis: 0.94
  • Restrictions: City Restrictions,Deed Restrictions
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: 1st Floor Entry,Low Rise (1-3 Stories),End Unit
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Interior Steps, Primary Bedroom on Main, Walk-In Closet(s), Wired for Sound
  • View: City, Panoramic
  • Flooring: Stone, Wood
  • Fireplace Features: Gas Log, Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, RNGHD, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Excellent
  • Security Features: Prewired
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Closet,Main Level

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Private Yard
  • Roof: Membrane, Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached, Carport, Garage
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Insurance
  • Association Fee Frequency: See Remarks

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Travis Hts
  • High School: Travis
  • Middle/Junior School: Lively
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Xeriscape
  • Parcel Number: 03020017020000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4
  • Subdivision Name: Terrace Drive Condo 308

Building Info

  • Construction Materials: Frame, Stone, Stucco
  • New Construction: No

Tax Info

  • Tax Block: 1
  • Tax Year: 2023
  • Tax Annual Amount: 10133.79
  • Tax Filled Sqft Total: 2399
  • Tax Rate: 1.97490000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Apr 2, 2024
Sold by
Allen & Nancy Middleman Living Trust and Middleman A
Bought by
Bell-Garcia Daniel
Seller's Agent
Reinae Kessler
Austin Home Girls Realty
Buyer's Agent
Amy Kline
eXp Realty, LLC
List Price
$1,325,000
Views
46
Current Estimated Value
$1,107,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.89%
Original Mortgage
$932,800
Outstanding Balance
$916,321
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$190,983

Purchase Details

Closed on
May 10, 2012
Sold by
Barber Luke and Paez Lee
Bought by
Middleman A Allen and The Allen & Nancy Middleman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2010
Sold by
Fannie Mae
Bought by
Barber Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2010
Sold by
Losinger James G and Losinger Tina G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 28, 2008
Sold by
Edwards Khrisana L and Edwards Michael P
Bought by
Losinger Tina G and Losinger James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
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
Bell-Garcia Daniel -- Austin Title Company
Middleman A Allen -- None Available
Barber Luke -- Gracy Title
Federal National Mortgage Association $422,657 None Available
Losinger Tina G -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell-Garcia Daniel $932,800
Previous Owner Middleman A Allen $300,000
Previous Owner Barber Luke $270,000
Previous Owner Losinger Tina G $140,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold -- -- --
03/04/2024 03/04/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $1,250,000 -5.7% $657 / Sq Ft
01/03/2024 01/03/24 For Sale $1,325,000 -- $696 / 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 $11,081 $1,121,038 $450,000 $671,038
2023 $10,134 $1,077,578 $0 $0
2022 $19,347 $979,616 $0 $0
2021 $19,385 $890,560 $337,500 $610,595
2020 $17,365 $809,600 $337,500 $472,100
2018 $17,936 $810,106 $337,500 $472,606
2017 $17,137 $768,416 $300,000 $468,416
2016 $16,256 $728,903 $281,250 $473,385
2015 $12,155 $662,639 $262,500 $629,897
2014 $12,155 $602,399 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5736982

Unlock MLS (Austin Board of REALTORS®)

APN: 772479