NOT LISTED FOR SALE

Estimated Value: $745,158 - $807,000

-- Bed
2 Baths
2,304 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 27, 2019

Current estimated payment $5,179/month

43 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Laundry Facilities
  • Zilker Elementary School Rated A-
  • Central Air
  • Wood Fence

About This Home

As of June 2019

Wow! .3 acres of prime 78704 real estate. Rare tri-plex, and it cash flows as is. Under-rented, and with some cosmetic update they could easily support an extra couple hundred/mo per unit. Add-on's also possible with this deep lot. No showings without executed contract.

Last Agent to Sell the Property

Gregory Tran

Keller Williams Realty License #0627600 Listed on: 04/09/2019

Keller Williams Realty

Last Buyer's Agent

Wendy Papasan

Keller Williams Realty License #0593308

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,525

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property

Schools

  • Zilker Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Separate Meters
  • Shared Water Meter

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 04050806020000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Southridge Sec 01 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,525

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Building Area Total: 2304.00
  • Restrictions: None
  • Unit Mix: 1/1, 2/1
  • Year Built: 1970
  • Directions: From Ben White, go North on Clawson and it will be on the East side of the road.
  • Estimated Taxes: 11525.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2304.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Common Area
  • View: None
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: None
  • Meter Description: Electric Separate, Gas Separate, Water Common
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 04050806020000
  • Lot Size Acres: 0.2970
  • Lot Size Sq Ft: 12937.32
  • Subdivision Name: Southridge Sec 01

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3493.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – All Sides

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 2304
  • Tax Lot: 1
  • Tax Rate: 2.19652000000000
  • Tax Year: 2018
  • Tax Annual Amount: 11525.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Jun 27, 2019
Sold by
Gray Kay Lynn and Watson Kay Lynn
Bought by
Wallace Brent and Loes Kaelyn
Seller's Agent
Gregory Tran
Keller Williams Realty
Buyer's Agent
Wendy Papasan
Keller Williams Realty
List Price
$549,000
Current Estimated Value
$776,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$454,000
Outstanding Balance
$400,038
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,041

Purchase Details

Closed on
Aug 13, 2003
Sold by
Gray Richard E
Bought by
Gray Kay Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,200
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1993
Sold by
Quigley Michael E and Quigley Francine
Bought by
Tofas Helen and Tofas Nafsika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%
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
Wallace Brent -- Texas National Title
Gray Kay Lynn -- --
Tofas Helen -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Brent $454,000
Previous Owner Watson Kay Lynn $106,000
Previous Owner Gray Kay Lynn $128,200
Previous Owner Tofas Helen $60,000
Closed Gray Kay Lynn $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold -- -- --
05/22/2019 05/22/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $549,000 0.0% $238 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $549,000 -- $238 / 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 $11,402 $615,022 $439,937 $175,085
2023 $12,328 $761,551 $0 $0
2022 $13,908 $704,209 $0 $0
2021 $12,925 $593,791 $330,000 $288,900
2020 $11,467 $534,636 $330,000 $204,636
2018 $11,617 $524,702 $330,000 $194,702
2017 $9,641 $432,315 $302,500 $129,815
2016 $8,717 $390,883 $253,000 $137,883
2015 $6,828 $351,592 $176,000 $175,592
2014 $6,828 $286,933 $190,000 $96,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9113557

Unlock MLS (Austin Board of REALTORS®)

APN: 307838