NOT LISTED FOR SALE

Estimated Value: $789,000 - $820,000

-- Bed
4 Baths
2,894 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 29, 2024

Current estimated payment $5,546/month

16 Days on Market

Highlights

  • Building Security
  • Security System Owned
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Dogs and Cats Allowed

About This Home

As of February 2024

Call for details regarding our Byrne Buyers Guarantee ... if you don't love this home for up to 12 months after you buy it we will sell it zero seller commission. conditions apply. Register now! This recently upgraded 4-unit apartment building, constructed in 1972 and nestled in the heart of Austin's student zone near St. Edwards University, presents a lucrative investment opportunity with a gross monthly income of approximately $4,775. Situated conveniently near South Congress and South Lamar, it offers easy access to IH-35, making it perfect for students and young professionals who value proximity to Austin's eclectic mix of dining, shopping, and entertainment. The property's location not only ensures a steady stream of potential tenants but also places it in a vibrant, youthful setting. Each of the four units has been modernized, enhancing the building's appeal and ensuring high occupancy rates. The building's close proximity to popular spots like Summer Moon Coffee Bar and access to Austin's parks and outdoor areas add to its allure. This property is a smart choice for investors looking to capitalize on Austin's robust student housing market, offering a blend of practicality, modern comfort, and an unbeatable location. Call for details regarding our Byrne Buyers Guarantee ... if you don't love this home for up to 12 months after you buy it we will sell it zero seller commission. conditions apply. Register now! Buyer to verify all MLS information.

Last Agent to Sell the Property

Clay Byrne

Keller Williams Realty Brokerage Phone: (512) 942-7880 License #0469701 Listed on: 01/26/2024

Keller Williams Realty

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,425

Year Built

  • Built in 1972

Lot Details

  • 9,026 Sq Ft Lot
  • Southeast Facing Home
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,894 Sq Ft Home
  • 2-Story Property
  • Security System Owned

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Parking

  • Driveway
  • Parking Lot
  • Outside Parking

Schools

  • Galindo Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Above Ground Utilities

Listing and Financial Details

  • Assessor Parcel Number 04100104120000
  • Tax Block A

Community Details

Overview

  • No Home Owners Association
  • Willow Spgs Sec 01 Subdivision

Pet Policy

  • Dogs and Cats Allowed

Security

  • Building Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,425

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1972
  • Direction Faces: Southeast
  • Directions: I35 exit Woodward west. Left on Willowrun Drive.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 2894
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 942-7880
  • Attribution Contact: (512) 942-7880
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 16425.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 90.85
  • Current Price By Living Ar: 283.34
  • "Current Price By Original ": 0.91
  • List Price Lot Size Square: 99.70
  • List Price By Living Area: 310.95
  • List Price By Original Lis: 1.00
  • Restrictions: City Restrictions
  • Tax Exemptions: None
  • Unit Mix: 1/1,2/1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: None
  • View: None
  • Flooring: Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Property Condition: Resale, Good
  • Security Features: Building Security, Security System Owned
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Common Area,Upper Level

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Outside, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air, See Remarks
  • Meter Description: Electric Separate,Water Common

Association/Amenities

  • Association: No
  • Community Features: None

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 04100104120000
  • Lot Size Acres: 0.2072
  • Lot Size Sq Ft: 9025.63
  • Subdivision Name: Willow Spgs Sec 01

Rental Info

  • Owner Pays: None
  • Total Actual Rent: 4675
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Year: 2023
  • Tax Annual Amount: 16425.27
  • Tax Filled Sqft Total: 2894
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Pallett David G
Bought by
3432 Willowrun Drive Series and Rittenhouse Group Llc
Current Estimated Value
$800,041

Purchase Details

Listed on
Jan 26, 2024
Closed on
Feb 29, 2024
Sold by
Suegros Llc
Bought by
Pallett David G
Seller's Agent
Clay Byrne
Keller Williams Realty
Buyer's Agent
Non Member
Non Member
List Price
$899,900
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%

Purchase Details

Closed on
Oct 6, 2021
Sold by
Hoverman Claire and Hoverman John Russell
Bought by
Suegros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,017
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 19, 2014
Closed on
Aug 6, 2014
Sold by
3432 Willowrun Llc
Bought by
Hoverman Claire
Seller's Agent
Chris Cagle
Cagle Realty Company
Buyer's Agent
James Herrington
Likewater, LLC
List Price
$379,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$312,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2009
Sold by
Harris Craigan Rogers
Bought by
3432 Willowrun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 1995
Sold by
Easter & Easter Inc
Bought by
Parker Donna P
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
3432 Willowrun Drive Series -- None Listed On Document
Pallett David G -- Chicago Title
Suegros Llc -- Chicago Title
Hoverman Claire -- None Available
3432 Willowrun Llc -- Itc
Parker Donna P -- Austin Title Company Inc
Parker Donna F -- Austin Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suegros Llc $458,017
Previous Owner Hoverman Claire $312,000
Previous Owner 3432 Willowrun Llc $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold -- -- --
01/26/2024 01/26/24 For Sale $899,900 +137.4% $311 / Sq Ft
08/06/2014 08/06/14 Sold -- -- -- View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $379,000 -- $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 $16,251 $668,172 $403,347 $264,825
2023 $16,251 $907,851 $472,500 $435,351
2022 $14,275 $722,796 $472,500 $250,296
2021 $14,439 $663,368 $315,000 $348,368
2020 $12,751 $594,472 $315,000 $279,472
2018 $10,012 $452,205 $315,000 $137,205
2017 $8,433 $378,117 $288,750 $89,367
2016 $9,375 $420,399 $225,750 $194,649
2015 $6,165 $402,649 $190,000 $212,649
2014 $6,165 $259,068 $160,000 $99,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4635317

Unlock MLS (Austin Board of REALTORS®)

APN: 313556