NOT LISTED FOR SALE

401 Country Aire Dr Unit 403 Round Rock, TX 78664

Stony Point Neighborhood

Estimated Value: $350,028 - $460,000

-- Bed
4 Baths
1,936 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 24, 2016

Current estimated payment $2,823/month

2 Days on Market

About This Home

As of May 2016

CASH FLOW MACHINE- $735/MO AFTER PITI (75% LTV @ 4.25%). Great duplex with well laid out 3/2 units on each side. Tenants in 401 have been in place 10+ years, rents remain under market but are increased each year at renewal. Market rent total for building is $2300 ($1150 per unit). Separate meters for everything, easy to manage. Recent work 401 - new HVAC in 2012, new tub & shower in 2013, new window in 2014. 403 - new outlets switches in 2014, re-tiled shower in 2012.

Last Agent to Sell the Property

Tim Hendricks

Hendricks Real Estate License #0595881 Listed on: 04/10/2016

Last Buyer's Agent

Chimo Dai

Kimo PLLC License #0618151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • 1985

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • 1,936 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Shingle Roof

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Separate Water Meter

Listing and Financial Details

  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

Year Built

1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Total Sq Ft: 1936
  • Stories: 1
  • Unit Mix: 3/2
  • Year Built Exception: Resale
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Close Price By Sq Ft: 123.92
  • Ratio Current Price By Lot Size: 1131603.77
  • Ratio Current Price By Sq Ft: 123.92
  • Ratio List Price By Sq Ft: 123.92
  • Special Features: None
  • Year Built: 1985

Interior Features

  • Laundry Facilities: Separate
  • Condition: As-Is
  • Region: Round Rock

Exterior Features

  • Fence: Privacy, Wood
  • Trees: Medium (20 Ft - 40 Ft), Moderate
  • Roof: Composition Shingle
  • Construction: 1 Side Masonry
  • Foundation: Slab

Utilities

  • Sewer: City On Property
  • Utilities: Electricity On Property
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: City

Schools

  • School District: Round Rock ISD
  • Elementary A: Union Hill
  • Intermediary: Yes
  • Middle Intermediate School: Cd Fulkes
  • High School: Stony Point

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Features: Corner, Level
  • Lot Size Area: 0.212

Rental Info

  • Total Actual Rent: 2050

Tax Info

  • Actual Tax: 4148.00
  • Tax Filled Sqft Total: 1936
  • Tax Rate: 2.34918000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2016
Closed on
May 19, 2016
Sold by
Ann O Farrell Paul and Farrell Ann O
Bought by
Nagaram Giridhar and Nagaram Nirmalabai
Seller's Agent
Tim Hendricks
Hendricks Real Estate
Buyer's Agent
Chimo Dai
Kimo PLLC
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$409,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,607
Avg. Annual Appreciation
6.16%
Original Mortgage
$165,750
Outstanding Balance
$133,777
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$279,342

Purchase Details

Closed on
Nov 16, 2006
Sold by
Shibley Deborah
Bought by
Ofarrell Paul and Ofarrell Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
Ridgeway Henry E
Bought by
Shibley Deborah
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
Nagaram Giridhar -- Itc
Ofarrell Paul -- Fidelity Natl Title Ins Co
Shibley Deborah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagaram Giridhar $165,750
Previous Owner Farrell Ann O $134,700
Previous Owner Ofarrell Paul $131,600
Previous Owner Land Eric John $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold -- -- --
04/12/2016 04/12/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $239,900 -- $124 / 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
2024 $6,500 $366,932 $77,000 $289,932
2023 $6,614 $377,068 $77,000 $300,068
2022 $8,052 $424,582 $77,000 $347,582
2021 $7,176 $319,673 $59,000 $260,673
2020 $6,321 $279,997 $53,278 $226,719
2019 $6,070 $262,910 $48,600 $214,310
2018 $5,560 $240,848 $41,730 $199,118
2017 $4,914 $208,604 $39,000 $169,604
2016 $4,301 $182,559 $39,000 $143,559
2015 $3,197 $176,559 $33,000 $143,559
2014 $3,197 $135,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6912177

Unlock MLS (Austin Board of REALTORS®)

APN: R092489