NOT LISTED FOR SALE

422 Sailmaster St Unit A & B Lakeway, TX 78734

Estimated Value: $573,000

-- Bed
4 Baths
2,180 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 14, 2023

Current estimated payment $3,549/month

36 Days on Market

Highlights

  • Two Primary Bathrooms
  • Deck
  • Wooded Lot
  • Serene Hills Elementary School Rated A-
  • Living Room with Fireplace
  • No HOA

About This Home

As of September 2023

Huge Price Cut! Motivated Seller! Amazing Opportunity to Own an Investment property in Coveted Lakeway Zip Code and Lake Travis ISD. These Duplexes Very Rarely Come Available! Both Sides are Identical in Size and Layout w/ Detatch Car Garage. Each Unit is a Real 3 Bedroom, 2 Full Bath, Den, Kitchen, Living & Dining Combo with Fire Place, w/ Fended-in Private Back Yard. Roof 2010, Unit A has New HVAC, Close to City Hall, Hospital, Lakeway Amenities and Entertainment as Well as Marinas, Golf Course, Parks, Trails and Much More! Owner Occupied, 2 Hour Notice Please! See Showing Instructions.

Last Agent to Sell the Property

Miriam Vega-Murphy

All City Real Estate Ltd. Co License #0623587 Listed on: 07/10/2023

All City Real Estate Ltd. Co

Last Buyer's Agent

Jessica Pippin

eXp Realty, LLC License #0696146

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,311

Year Built

  • Built in 1984

Lot Details

  • 0.32 Acre Lot
  • East Facing Home
  • Wood Fence
  • Perimeter Fence
  • Back Yard Fenced
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,180 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Two Primary Bathrooms
  • Double Vanity

Laundry

  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Entrance

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Serene Hills Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Underground Utilities
  • Separate Water Meter
  • Electric Water Heater
  • Municipal Utilities District for Water and Sewer
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 47 / B
  • Assessor Parcel Number 01417305220000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Lohmans Crossing Estates Sec 1 Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,311

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 3/2, See Remarks
  • Year Built: 1984
  • Direction Faces: East
  • Directions: RR 620 to Lakeway Blvd, Right on Lohmans Xing, Right on Sailmaster, House on the Right
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 9310.58
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Fenced, Perimeter, Privacy, Wood
  • Fireplaces: 2
  • Garage Spaces: 2.00
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2180.00
  • Other Contingency Types: Financing
  • Other Equipment: Electric Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Primary Baths, Ceiling Fan(s), Counter-Laminate, Double Vanity, Electric Dryer Hookup, No Interior Steps, Washer Hookup
  • Laundry Location: In Garage
  • View: None
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Accessibility Features: Accessible Entrance
  • Appliances: Dishwasher, Disposal, Range, RNGHD, Refrigerator, Water Heater-Electric
  • Property Condition: See Remarks
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Window Features: Vinyl Windows

Exterior Features

  • Exterior Features: Gutters Partial, Private Yard
  • Roof: Asphalt
  • Foundation: Slab
  • Patio And Porch Features: Deck
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Detached

Utilities

  • Sewer: Municipal Utility District (MUD)
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Underground Utilities
  • Heating: Central
  • Meter Description: Water Separate
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Ceiling Fan(s), Central Air, Separate Meters

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Lake Travis ISD
  • School District: Lake Travis ISD
  • Elementary School: Serene Hills
  • Middle School: Hudson Bend
  • High School: Lake Travis
  • Elementary School: Serene Hills
  • High School: Lake Travis
  • Middle/Junior School: Hudson Bend

Lot Info

  • Lot Features: Cleared, Gentle Sloping, Trees-Moderate
  • Parcel Number: 01417305220000
  • Lot Size Acres: 0.3171
  • Lot Size Sq Ft: 13812.88
  • Subdivision Name: Lohmans Crossing Estates Sec 1

Building Info

  • Construction Materials: Frame
  • New Construction: No

Rental Info

  • Pets Allowed: Negotiable

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 2180
  • Tax Lot: 47
  • Tax Rate: 1.90700000000000
  • Tax Year: 2023
  • Tax Annual Amount: 9310.58
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Sep 14, 2023
Sold by
Cole Gerald and Cole Luz Estella
Bought by
Downes Allison and Mendoza Richard
Seller's Agent
Miriam Vega-Murphy
All City Real Estate Ltd. Co
Buyer's Agent
Jessica Pippin
eXp Realty, LLC
List Price
$725,000
Sold Price
$550,000
Premium/Discount to List
-$175,000
-24.14%
Total Days on Market
36
Views
27
Current Estimated Value
$573,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,000
Avg. Annual Appreciation
2.38%
Original Mortgage
$412,500
Outstanding Balance
$405,597
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$167,403

Purchase Details

Closed on
Sep 2, 2005
Sold by
Quayle Family Revocable Trust
Bought by
Cole Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,645
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 2003
Sold by
Quayle Donald K and Quayle Judith A
Bought by
Quayle Family Revocable Trust

Purchase Details

Closed on
Mar 14, 2003
Sold by
Quayle Family Revocable Trust
Bought by
Quayle Donald K and Quayle Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,950
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1999
Sold by
Quayle Donald K and Quayle Judith A
Bought by
Quayle Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Mccasland Timothy Edwin
Bought by
Quayle Donald K and Quayle Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,400
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
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
Downes Allison -- None Listed On Document
Cole Gerald -- Alamo Title Company
Quayle Family Revocable Trust -- --
Quayle Donald K -- --
Quayle Family Revocable Trust -- --
Quayle Donald K -- Austin Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downes Allison $412,500
Previous Owner Cole Gerald $166,000
Previous Owner Cole Gerald $150,645
Previous Owner Quayle Donald K $99,950
Previous Owner Quayle Donald K $99,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold -- -- --
08/15/2023 08/15/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $625,000 -7.4% $287 / Sq Ft
07/22/2023 07/22/23 Price Changed $675,000 -6.9% $310 / Sq Ft
07/10/2023 07/10/23 For Sale $725,000 -- $333 / 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 $4,128 $488,021 $0 $0
2022 $8,464 $443,655 $0 $0
2021 $8,212 $403,323 $200,000 $208,964
2020 $9,734 $366,657 $200,000 $166,657
2018 $7,011 $306,992 $200,000 $150,431
2017 $6,416 $279,084 $70,000 $270,257
2016 $5,833 $253,713 $55,000 $200,612
2015 $4,078 $230,648 $55,000 $199,097
2014 $4,078 $209,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3060819

Unlock MLS (Austin Board of REALTORS®)

APN: 139939