NOT LISTED FOR SALE

3103 West Ave Austin, TX 78705

Heritage Neighborhood

Estimated Value: $1,276,245 - $1,578,000

-- Bed
-- Bath
3,377 Sq Ft
$433/Sq Ft Est. Value

Last Sold June 30, 2021

Current estimated payment $9,185/month

23 Days on Market

Highlights

  • Additional Residence on Property
  • Horses Allowed On Property
  • 0.33 Acre Lot
  • Bryker Woods Elementary School Rated A
  • Greenhouse
  • Mature Trees

About This Home

As of June 2021

Turnkey investment opportunity in the heart of West Campus. Property features two renovated duplex structures, totaling four separate living units. This steady revenue-generating property brings in approximately $5,500 a month with leases ending in summer 2021.
On almost .33 acres, this property offers the opportunity to continue as a successful rental property or serve as a great location for a new build. A perfect property for a main home with ADU as this property fronts 2 streets--West Avenue and Kings Lane. Also grandfathered with four units. Zoned SF-3 and located minutes from Seton Central, St. David's Heart Hospital, Restaurants & Central Market.

Last Agent to Sell the Property

Amy Deane

Moreland Properties License #0699040 Listed on: 03/24/2021

Moreland Properties

Last Buyer's Agent

John Brady

Compass RE Texas, LLC License #0653290

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,772

Year Built

  • Built in 1948

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 75 x 192
  • West Facing Home
  • Privacy Fence
  • Chain Link Fence
  • Interior Lot
  • Level Lot
  • Mature Trees
  • Wooded Lot
  • Tear Down

Parking

  • 2 Car Detached Garage
  • Detached Carport Space

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Clapboard

Interior Spaces

  • 3,377 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room
  • Wood Flooring
  • Free-Standing Range

Laundry

  • Laundry in multiple locations
  • No Washer or Dryer Hookups

Outdoor Features

  • Patio
  • Greenhouse
  • Porch

Schools

  • Bryker Woods Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Space Heater
  • Heating System Uses Natural Gas
  • Separate Meters
  • Above Ground Utilities
  • Separate Water Meter
  • Gas Water Heater
  • Phone Available

Additional Features

  • Energy-Efficient Appliances
  • Additional Residence on Property
  • Horses Allowed On Property

Listing and Financial Details

  • Legal Lot and Block 1-4 / 1
  • Assessor Parcel Number 02170204160002
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Smyth Add Subdivision

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,772

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: City Restrictions
  • Unit Mix: 2/1, 2/2
  • Year Built: 1948
  • Direction Faces: West
  • Directions: NORTH LAMAR, RIGHT ON 35TH STREET, RIGHT ON WEST AVENUE, ON LEFT, SECOND STRUCTURE FACES KIngs Lane. 1 BLOCK EAST
  • Disclosures: None
  • Estimated Taxes: 18453.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced, Privacy
  • Garage Spaces: 2.00
  • Green Energy Efficient: Appliances
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3377.00
  • Other Equipment: No W/D Connections
  • Other Structures: Garage(s), Greenhouse, Second Residence
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Wood
  • Accessibility Features: None
  • Appliances: Free-Standing Range, Water Heater-Gas
  • Property Condition: Resale, Tear Down
  • Security Features: None
  • Window Features: None

Exterior Features

  • Exterior Features: Exterior Steps
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Patio, Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Detached, Detached Carport, Garage

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Electricity Available, Natural Gas Available, Phone Available
  • Heating: Central, Natural Gas, Space Heater
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Bryker Woods
  • Middle School: O Henry
  • High School: Austin
  • Elementary School: Bryker Woods
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: Interior Lot, Level, Public Maintained Road, Trees-Large (Over 40 Ft), Trees-Moderate, See Remarks
  • Lot Size: 75 X 192
  • Special Assessment: No
  • Parcel Number: 02170204160002
  • Lot Size Acres: 0.3310
  • Lot Size Sq Ft: 14418.36
  • Subdivision Name: Smyth Add

Rental Info

  • Total Actual Rent: 7100.00
  • Pets Allowed: Dogs OK

Building Info

  • Construction Materials: Clapboard, Frame
  • New Construction: No

Tax Info

  • Tax Block: 1
  • Tax Lot: 1-4
  • Tax Rate: 2.19652000000000
  • Tax Year: 2018
  • Tax Annual Amount: 12772.00
  • Tax Exemptions: Homestead, Over 65, See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Jun 30, 2021
Sold by
4Th Street Railyard Llc
Bought by
Sharman Christopher M and Dalsgaard Ulla
Seller's Agent
Amy Deane
Moreland Properties
Buyer's Agent
John Brady
Compass RE Texas, LLC
List Price
$1,500,000
Current Estimated Value
$1,462,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.98%
Original Mortgage
$1,050,000
Outstanding Balance
$954,775
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$532,064

Purchase Details

Closed on
Feb 28, 2020
Sold by
Canady Jerlene H and Heaton Nancy K
Bought by
4Th Street Railyard Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2017
Sold by
Canady Fisher Joe Ann
Bought by
Fischer Eugene Francis and Fischer Jo Ann
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
Sharman Christopher M -- Benchmark Title
4Th Street Railyard Llc -- None Available
Fischer Eugene Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharman Christopher M $1,050,000
Previous Owner 4Th Street Railyard Llc $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold -- -- --
04/16/2021 04/16/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,500,000 0.0% $444 / Sq Ft
07/25/2020 07/25/20 Rented $1,700 0.0% --
07/14/2020 07/14/20 Price Changed $1,700 -4.2% $2 / Sq Ft
07/02/2020 07/02/20 For Rent $1,775 -- --
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
2021 $12,128 $557,181 $297,500 $259,681
2020 $9,353 $420,045 $297,500 $122,545
2018 -- $367,250 $297,500 $69,750
2017 -- $366,739 $297,500 $69,239
2016 -- $338,063 $273,000 $65,063
2015 -- $369,235 $217,000 $152,235
2014 -- $265,001 $187,916 $77,085
Source: Public Records

Agents Affiliated with this Home

  • Amy Deane

    Seller's Agent in 2021

    Amy Deane

    Moreland Properties

    (512) 695-4820

    1 in this area

    76 Total Sales

    Amy Deane
    Section Image

  • J

    Buyer's Agent in 2021

    John Brady

    Compass RE Texas, LLC

    (512) 987-0237

    1 in this area

    5 Total Sales

    John Brady
    Section Image
  • Meagan Clark

    Seller's Agent in 2020

    Meagan Clark

    eXp Realty, LLC

    (512) 653-0924

    1 in this area

    41 Total Sales

    Meagan Clark
    Section Image
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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8649229

Unlock MLS (Austin Board of REALTORS®)

APN: 211162

Texas Travis County Austin 78705 Heritage

3103 West Ave, Austin, TX

This home is located at 3103 West Ave, Austin, TX 78705 since 24 March 2021 and is currently estimated at $1,462,415, approximately $433 per square foot. This property was built in 1948. 3103 West Ave is a home located in Travis County with nearby schools including Bryker Woods Elementary School, Austin High School, and Kirby Hall School.

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