Last list price
3304 Thomas Kincheon St Unit A Austin, TX 78745
Cherry Creek Neighborhood
--
Bed
--
Bath
2,853
Sq Ft
7,049
Sq Ft Lot
Highlights
- Under Construction
- No HOA
- Living Room
- Golf Course View
- Porch
- Laundry in multiple locations
About This Home
As of October 201445 days from complete. 25% dn, 8% cap rate AFTER property taxes (11.5% cash on cash)! What's money doing in the bank? Open floor plans, pick stain for concrete downstairs & light or dark bamboo up. Strong opportunity in bullishly strong leasing market w/ great access to major roads, Whole Foods & Alamo Drafthouse. 15m to downtown! Should rent each side for $2000/mo if not more over the summer. Perfect for both investors and owner occupants! Cash flows day one with 20% down. Pics of complete unit.
Last Agent to Sell the Property
MINDSET REALTY LLC License #0589861 Listed on: 06/30/2014
Last Buyer's Agent
Tara West
Compass RE Texas, LLC License #0531838
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,150
Year Built
- Built in 2014 | Under Construction
Lot Details
- 7,049 Sq Ft Lot
- Privacy Fence
- Wood Fence
Parking
- 5 Covered Spaces
Home Design
- Slab Foundation
- Composition Roof
- Masonry Siding
- HardiePlank Type
Interior Spaces
- 2,853 Sq Ft Home
- 2-Story Property
- Living Room
- Golf Course Views
- Laundry in multiple locations
Outdoor Features
- Porch
Schools
- Boone Elementary School
- Covington Middle School
- Crockett High School
Utilities
- Central Air
- No Heating
- Separate Meters
Community Details
- No Home Owners Association
- 2 Units
- Kincheon Subdivision
Listing and Financial Details
- Assessor Parcel Number 04172703130000
- 2% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2021
Sold by
Tax Peter Bremer
Bought by
Wu Shengkai
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,625
Outstanding Balance
$542,524
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$232,271
Purchase Details
Closed on
Aug 1, 2019
Sold by
Stevens Scott B
Bought by
Tax Peter Bremer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 30, 2014
Closed on
Oct 17, 2014
Sold by
Gross John E and Gross Ann F
Bought by
Stevens Scott B
Seller's Agent
Dustin Mehaffey
MINDSET REALTY LLC
Buyer's Agent
Tara West
Compass RE Texas, LLC
List Price
$470,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$336,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Austin, TX
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | Corridor Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $590,625 | New Conventional | |
| Previous Owner | $448,000 | New Conventional | |
| Previous Owner | $336,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $620,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/29/2018 12/29/18 | Rented | $1,900 | 0.0% | -- |
| 10/07/2018 10/07/18 | Price Changed | $1,900 | -5.0% | $1 / Sq Ft |
| 08/14/2018 08/14/18 | For Rent | $2,000 | +5.3% | -- |
| 01/01/2017 01/01/17 | Rented | $1,900 | 0.0% | -- |
| 11/28/2016 11/28/16 | Under Contract | -- | -- | -- |
| 11/15/2016 11/15/16 | For Rent | $1,900 | 0.0% | -- |
| 10/23/2014 10/23/14 | Sold | -- | -- | -- |
| 08/06/2014 08/06/14 | Pending | -- | -- | -- |
| 06/30/2014 06/30/14 | For Sale | $470,000 | -- | $165 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $14,150 | $721,290 | $284,449 | $436,841 |
| 2023 | $14,732 | $814,237 | $275,000 | $539,237 |
| 2022 | $17,145 | $868,158 | $275,000 | $593,158 |
| 2021 | $12,303 | $565,200 | $125,000 | $440,200 |
| 2020 | $12,395 | $577,900 | $125,000 | $452,900 |
| 2018 | $12,512 | $565,132 | $125,000 | $440,132 |
| 2017 | $11,800 | $529,100 | $100,000 | $429,100 |
| 2016 | $10,482 | $470,000 | $100,000 | $370,000 |
| 2015 | $1,380 | $454,718 | $58,000 | $396,718 |
| 2014 | $1,380 | $58,000 | $58,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Crystal Olenbush
AustinRealEstate.com
(512) 422-3452
1 in this area
207 Total Sales
-
Seller Co-Listing Agent in 2018
Karlie Junot
AustinRealEstate.com
(512) 639-1997
8 Total Sales
-
Buyer's Agent in 2018
Liz Warren
MODUS Real Estate
(512) 212-7872
5 in this area
52 Total Sales
-
T
Seller's Agent in 2017
Tara West
Compass RE Texas, LLC
-
T
Seller Co-Listing Agent in 2017
Terri Savage
AustinRealEstate.com
(512) 844-7665
1 Total Sale
-
Buyer's Agent in 2017
Sean Skellenger
Skelly Agency
(512) 800-5555
11 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8266060
APN: 329113
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