NOT LISTED FOR SALE

Estimated Value: $1,011,356 - $1,207,000

-- Bed
6 Baths
3,870 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 26, 2021

Current estimated payment $8,042/month

8 Days on Market

Highlights

  • Horses Allowed On Property
  • Creek or Stream View
  • Granite Countertops
  • Open Floorplan
  • Mature Trees
  • No HOA

About This Home

As of May 2021

Great income producing 4plex in the heart of South Austin! Units lease quickly with track record of increasing rents. Newer HVAC units, lots of remodeling of unit interiors. 3 units leased, one month to month with plan to vacate on 5/31/21. Lots of potential for this property - buy & hold, consider redevelopment or a condo conversion.

Last Agent to Sell the Property

Tim Hendricks

Hendricks Real Estate License #0595881 Listed on: 03/31/2021

Last Buyer's Agent

Daniel Alvarez

Gold Tier Real Estate, LLC License #0749240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,786

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 8,015 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Level Lot
  • Mature Trees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Walk-In Closet
  • 3,870 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Window Treatments
  • Aluminum Window Frames
  • Creek or Stream Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 6 Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Outside Parking
  • Off-Street Parking

Schools

  • Galindo Elementary School
  • Fulmore Middle School
  • Travis High School

Utilities

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

Additional Features

  • Stepless Entry
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 04070302690000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Meisha Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,786

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: None
  • Unit Mix: 2/1.5
  • Year Built: 1972
  • Direction Faces: NW
  • Directions: South Congress south, right on Alpine Circle.
  • Disclosures: None
  • Estimated Taxes: 19350.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: Partial
  • Fencing: Fenced, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3870.00
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Counter-Corian, Counter-Granite, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: See Remarks
  • View: Creek/Stream
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Gas Range, Refrigerator
  • Property Condition: Resale, Updated/Remodeled
  • Security Features: None
  • Window Features: Aluminum Frames, Window Coverings

Exterior Features

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

Garage/Parking

  • Parking Features: Asphalt, Common, Off Street, Outside
  • Total Parking Spaces: 6.00

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Galindo
  • Middle School: Fulmore
  • High School: Travis
  • Elementary School: Galindo
  • High School: Travis
  • Middle/Junior School: Fulmore

Lot Info

  • Lot Features: Level, Trees-Large (Over 40 Ft)
  • Parcel Number: 04070302690000
  • Lot Size Acres: 0.1840
  • Lot Size Sq Ft: 8015.04
  • Subdivision Name: Meisha

Rental Info

  • Total Actual Rent: 6275.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

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

Tax Info

  • Tax Lot: 1
  • Tax Rate: 2.22670000000000
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 25, 2021
Sold by
Angel Brennan Witherspoon and Angel Jerald
Bought by
Angel Brennan and Brennan Angel Revocable Trust
Seller's Agent
Tim Hendricks
Hendricks Real Estate
Buyer's Agent
Daniel Alvarez
Homebody RE, LLC
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$1,109,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,178
Avg. Annual Appreciation
2.52%
Original Mortgage
$760,000
Outstanding Balance
$693,576
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$415,602

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 24, 2021
Sold by
Jorge Emil and Jorge Family Trust
Bought by
Angel Brennan Witherspoon and Angel Jerald
Seller's Agent
Tim Hendricks
Hendricks Real Estate
Buyer's Agent
Daniel Alvarez
Homebody RE, LLC
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$693,576
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$415,602

Purchase Details

Listed on
Jan 28, 2015
Closed on
Apr 10, 2015
Sold by
Austin 4Plexes Llc
Bought by
Jorge Camilo S and Jorge Emil
Seller's Agent
Alan Ware
Metro 512 Realty
Buyer's Agent
Ryan Ermisch
Classic Realty Of Texas, LLC
List Price
$825,000
Sold Price
$755,000
Premium/Discount to List
-$70,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$566,250
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2013
Sold by
Bier Lorraine and Baxter Ira
Bought by
Austin 4Plexes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2009
Sold by
Eyes Of The World Investments Llc
Bought by
Bier Lorraine and Baxter Ira

Purchase Details

Closed on
Dec 20, 2005
Sold by
Lloyd James L
Bought by
Bohls Joshua and Bohls Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
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
Angel Brennan -- Independence Title Company
Angel Brennan Witherspoon -- Independence Title Company
Jorge Camilo S -- Heritage Title
Austin 4Plexes Llc -- Heritage Title
Bier Lorraine -- Gracy Title Co
Bohls Joshua -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angel Brennan Witherspoon $760,000
Previous Owner Jorge Camilo S $566,250
Previous Owner Austin 4Plexes Llc $255,500
Previous Owner Bohls Joshua $197,600
Previous Owner Lloyd James L $150,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold -- -- --
04/08/2021 04/08/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $995,000 +20.6% $257 / Sq Ft
04/13/2015 04/13/15 Sold -- -- --
03/06/2015 03/06/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $825,000 -- $213 / 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
2023 $22,786 $1,259,441 $472,500 $786,941
2022 $19,749 $1,000,000 $472,500 $527,500
2021 $19,875 $913,087 $315,000 $598,087
2020 $18,640 $869,034 $315,000 $554,034
2018 $16,243 $733,641 $315,000 $418,641
2017 $10,632 $476,729 $288,750 $187,979
2016 $14,166 $635,185 $225,750 $409,435
2015 $6,640 $468,192 $190,000 $278,192
2014 $6,640 $279,021 $160,000 $119,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8820397

Unlock MLS (Austin Board of REALTORS®)

APN: 309756