$1,375,000
SOLD OCT 25, 2023
Last list price
-- Bed
-- Bath
4,180 Sq Ft
6,499 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

19 Days on Market

Highlights

  • Living Room with Fireplace
  • Wooded Lot
  • Neighborhood Views
  • Russell Lee Elementary School Rated A-
  • No HOA
  • Balcony

About This Home

As of October 2023

Fantastic investment opportunity with this fourplex which consists of four like kind 2 bedroom/ 2 bath units. Rents are mostly up to current market. Each floorplan is configured with two bedrooms on either side and living/dining/kitchen in the middle. 1984 construction with higher ceilings provide a more modern feel for the neighborhood. The property has been extremely well maintained with local ownership and management for years. Pella windows installed November 2022. Roof shingles were done in April 2022. Exterior painting and gutter work performed in August 2022. Each unit also features a stackable washer/dryer which will convey.
Wonderful location with the UT Shuttle and Cap Metro stops just down the street. Tiny Grocer will open a second location just a block away next to First Light Book Shop.

Last Agent to Sell the Property

Rick Schulte

Stanberry REALTORS License #0287344 Listed on: 09/14/2023

Last Buyer's Agent

Caitlyn Turner

Compass RE Texas, LLC License #0697178

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,579

Year Built

  • Built in 1984

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50 x 131
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 4,180 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • 4 Fireplaces
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in Hall
  • Stacked Washer and Dryer

Parking

  • Common or Shared Parking
  • Alley Access
  • Unassigned Parking

Outdoor Features

  • Balcony
  • Rain Gutters

Schools

  • Lee Elementary School
  • Kealing Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Above Ground Utilities

Listing and Financial Details

  • Legal Lot and Block 23 / 23
  • Assessor Parcel Number 02200602200000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Hyde Park Add 01 Subdivision
  • The community has rules related to deed restrictions, zoning restrictions

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,579

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: Deed Restrictions, Zoning
  • Unit Mix: 2/2
  • Year Built: 1984
  • Direction Faces: East
  • Directions: Exit 45th Street from MoPac, Lamar, Guadalupe or Airport Blvd. At the light take Speedway south for a couple blocks and the property will be on the west side of the street.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 17579.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Partial, Wood
  • Fireplaces: 4
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4180.00
  • Other Equipment: Stackable W/D Connections
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Counter-Laminate, Electric Dryer Hookup, Stackable W/D Connections, Walk-In Closet(s), Washer Hookup
  • Laundry Location: In Hall
  • View: Neighborhood
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room, See Remarks
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, See Remarks

Exterior Features

  • Exterior Features: Balcony, Gutters Partial
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access, Common, Unassigned

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground
  • Heating: Central, Electric
  • Meter Description: Allocation Billing
  • Water Source: Public
  • Cooling: Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: Curbs

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Lee
  • Middle School: Kealing
  • High School: McCallum
  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Kealing

Lot Info

  • Lot Features: Alley Access, Curbs, Level, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 50 x 131
  • Special Assessment: No
  • Parcel Number: 02200602200000
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6499.15
  • Subdivision Name: Hyde Park Add 01

Rental Info

  • Total Actual Rent: 7780.00
  • Pets Allowed: Cats OK

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Block: 23
  • Tax Filled Sqft Total: 4180
  • Tax Lot: 23
  • Tax Rate: 1.97490000000000
  • Tax Year: 2023
  • Tax Annual Amount: 17578.99
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 25, 2023
Sold by
Rad Ventures Llc
Bought by
Serious Moonlight Llc
Seller's Agent
Rick Schulte
Stanberry REALTORS
Buyer's Agent
Caitlyn Turner
Compass RE Texas, LLC
List Price
$1,375,000
Views
40
Current Estimated Value
$1,176,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.35%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Dorf Roger A and Dorf Sandra M
Bought by
Rad Ventures Llc
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 Type Sale Price Title Company
Warranty Deed -- Independence Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Small Business Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Rented $1,850 -7.3% --
02/08/2024 02/08/24 Price Changed $1,995 -4.8% $0 / Sq Ft
01/23/2024 01/23/24 Price Changed $2,095 -27.9% $1 / Sq Ft
01/20/2024 01/20/24 For Rent $2,905 0.0% --
10/25/2023 10/25/23 Sold -- -- --
10/03/2023 10/03/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,375,000 -- $329 / 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 $20,800 $776,261 $562,222 $214,039
2023 $15,831 $875,000 $550,000 $325,000
2022 $17,811 $901,835 $550,000 $351,835
2021 $17,397 $799,224 $350,000 $449,224
2020 $17,088 $796,700 $350,000 $446,700
2018 $17,904 $808,664 $350,000 $458,664
2017 $15,054 $675,045 $350,000 $325,045
2016 $13,939 $625,045 $300,000 $325,045
2015 $14,517 $696,302 $255,000 $441,302
2014 $14,517 $610,000 $250,000 $360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5297679

Unlock MLS (Austin Board of REALTORS®)

APN: 215753