NOT LISTED FOR SALE

309 S Avenue C Elgin, TX 78621

Estimated Value: $248,660 - $329,000

-- Bed
-- Bath
1,912 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 18, 2022

Current estimated payment $2,243/month

22 Days on Market

Highlights

  • Horses Allowed On Property
  • Covered Patio or Porch
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of January 2022

Great duplex with long-term tenants in place! Hard to find investment property in the greater Austin MSA at this price. Under market month-month leases in place due to legacy tenants. Has not had a vacancy in years. 2 bedroom / 1 bathroom on each side with huge yards, private washer dryer room & ample parking out front. All separate utilities. Newer building that is in overall solid condition. Enjoy the value now before pricing gets out of reach. Can keep property as-is with current tenants and enjoy in place cash flow or improve units to bump rents. Just minutes to downtown Elgin, Hwy 290, & 95.

Last Agent to Sell the Property

Yusuf Johnson

eXp Realty, LLC License #0563473 Listed on: 10/06/2021

eXp Realty, LLC

Last Buyer's Agent

Marisol Giron

Ideal Realty License #0639916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,032

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Southwest Facing Home
  • Wood Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Tile

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Parking Lot
  • Outside Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen

Schools

  • Booker T Washington Elementary School
  • Elgin Middle School
  • Elgin High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Phone Available

Additional Features

  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Elgin City Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 1 / DIV
  • Assessor Parcel Number R55739
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,032

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 2/2
  • Year Built: 1999
  • Direction Faces: SW
  • Directions: From downtown Elgin, take Main St south. Right on W Brenham St, left onto S Ave C. Property will be on your left.
  • Disclosures: None
  • Estimated Taxes: 4427.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1912.00
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Laundry Location: Laundry Room
  • View: None
  • Flooring: Linoleum, Tile
  • Accessibility Features: Accessible Full Bath, Accessible Kitchen
  • Appliances: Dishwasher, Disposal, Free-Standing Electric Range
  • Property Condition: Resale
  • Security Features: None
  • Window Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Waterfront: No

Garage/Parking

  • Parking Features: Common, Off Street, Outside, Parking Lot
  • Total Parking Spaces: 2.00

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Elgin ISD
  • School District: Elgin ISD
  • Elementary School: Booker T Washington
  • Middle School: Elgin
  • High School: Elgin
  • Elementary School: Booker T Washington
  • High School: Elgin
  • Middle/Junior School: Elgin

Lot Info

  • Lot Features: Level
  • Parcel Number: R55739
  • Lot Size Acres: 0.2650
  • Lot Size Sq Ft: 11543.40
  • Subdivision Name: Elgin City

Rental Info

  • Total Actual Rent: 1425.00
  • Pets Allowed: No

Building Info

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

Tax Info

  • Tax Block: DIV
  • Tax Filled Sqft Total: 1912
  • Tax Lot: 1
  • Tax Rate: 2.86206000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 18, 2022
Sold by
Segalotto Michael J
Bought by
Ochoa Jacob Nelson and Ochoa Ramiro
Seller's Agent
Yusuf Johnson
eXp Realty, LLC
Buyer's Agent
Marisol Giron
Ideal Realty
List Price
$249,900
Current Estimated Value
$304,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Original Mortgage
$220,000
Outstanding Balance
$203,172
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$100,993

Purchase Details

Closed on
Aug 28, 2009
Sold by
Hernandez Ralph and Hernandez Juanita R
Bought by
Segalotto Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.16%
Mortgage Type
Unknown
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
Ochoa Jacob Nelson -- Texas National Title
Segalotto Michael J $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Jacob Nelson $220,000
Previous Owner Segalotto Michael J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold -- -- --
10/12/2021 10/12/21 Off Market -- -- --
10/06/2021 10/06/21 For Sale $249,900 -- $131 / 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 $7,032 $269,966 $130,440 $139,526
2023 $7,032 $293,318 $130,440 $162,878
2022 $4,241 $229,754 $91,308 $138,446
2021 $4,427 $154,667 $55,985 $98,682
2020 $5,477 $185,672 $55,985 $129,687
2019 $5,752 $192,932 $21,932 $171,000
2018 $4,558 $152,562 $25,972 $126,590
2017 $3,727 $124,551 $25,972 $98,579
2016 $3,825 $127,802 $25,972 $101,830
2015 $3,497 $125,732 $25,972 $99,760
2014 $3,497 $112,351 $25,972 $86,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8504317

Unlock MLS (Austin Board of REALTORS®)

APN: 55739