NOT LISTED FOR SALE

Estimated Value: $916,829

0.21 Acre
$4,407,832 Price per Acre
9,060 Sq Ft Lot

Last Sold August 26, 2022

Current estimated payment $6,425/month

76 Days on Market

Highlights

  • Horses Allowed On Property
  • Accessible Approach with Ramp
  • 1-Story Property
  • Gated Parking
  • Central Heating and Cooling System

About This Lot

As of August 2022

Commercial office building space For Sale in South Austin. Zoned CS-MU-NP. High Visibility! Over 30,000 cars per day pass by. On major growth corridor. Develop up to 60 feet in height. Convenient Central Austin location. Less than 10 minutes from downtown. 12 minutes from the airport. Easy access to Ben White / 290 / 71, IH-35, MOPAC / Loop 1, & Loop 360. Flexible building uses. Quick & easy access to St David's South Austin Hospital & surrounding medical community. St. Elmo Park across the street. Front & rear building entrance. 4 Large separate offices, spacious common areas, office equipment niche, 2 private restrooms. (Photo of Kitchenette/storage area and second bathroom are not featured). Huge parking area in back plus parking in front (approx. 15+ cars). Light-up Commercial business signage on steel post in front and mounted on the building. Owner and tenant keep the place in immaculate condition and tenant pays rent on time. Rent is on the lower side, but the accelerating appreciation on this property make it a smart investment. Buyer needs to purchase survey. Top ranking Austin Tour company just moved in next door and there's a business/strip center next to them, and an abundance of surrounding businesses, plus new builds coming to the area. Perfect for an owner/operator or other type of business!

Last Agent to Sell the Property

Nate Jones

eXp Realty, LLC License #0601650 Listed on: 02/05/2022

eXp Realty, LLC

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,264

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 9,060 Sq Ft Lot
  • The community has rules related to zoning restrictions
  • Zoning described as CS-MU-NP

Home Design

  • Synthetic Stucco Exterior

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • No Washer or Dryer Hookups

Parking

  • 16 Parking Spaces
  • Driveway
  • Gated Parking

Additional Features

  • Accessible Approach with Ramp
  • Horses Allowed On Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04110503170000
  • 2% Total Tax Rate

Community Details

Overview

  • Association Phone (512) 507-5266
  • Fortview Add Subdivision
  • Property managed by see owner

Building Details

  • Operating Expense $1,800

Property Details

Property Type

Land

Est. Annual Taxes

$17,264

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Site Planned
  • Building Area Total: 1720.00
  • Restrictions: Zoning
  • Year Built: 1958
  • Acquisition Inclusion: Building & Land, Signs
  • Additional Parcels: No
  • Current Use: Mixed Use, Office
  • Directions: South on 1st from Ben White/71. Building is on the left,
  • Disclosures: Lead Base Paint Addendum
  • Estimated Taxes: 13950.00
  • ETJ Extra Territorial Jurdn: No
  • Existing Lease Type: Net
  • FEMA Flood Plain: No
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Leasable Area: 1720
  • Other Equipment: No W/D Connections
  • Other Structures: None
  • Road Surface Type: Asphalt, Concrete, Sidewalks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • View: None
  • Flooring: Laminate
  • Management Company: see owner
  • Accessibility Features: Accessible Approach with Ramp
  • Property Condition: Updated/Remodeled
  • Security Features: None
  • Stories: 1

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Gated, On Site
  • Parking Ratio: 9.30
  • Total Parking Spaces: 16.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Management Co Rep: see owner

Lot Info

  • Topography: Level
  • Parcel Number: 04110503170000
  • Lot Size Acres: 0.2080
  • Lot Size Sq Ft: 9060.48
  • Subdivision Name: Fortview Add
  • Zoning Description: CS-MU-NP

Building Info

  • Building Features: Sign-Freestanding, Sign-Roof
  • Construction Materials: Synthetic Stucco
  • New Construction: No
  • Number Of Buildings: 1

Multi Family

  • Gross Scheduled Income: 33600.00
  • Management Co Phone: (512) 507-5266
  • Operating Expense: 1800.00

Tax Info

  • Tax Rate: 2.16000000000000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Alderson Lan and Alderson Elizabeth
Bought by
Toxtla Llc
Current Estimated Value
$916,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,000
Outstanding Balance
$811,751
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$105,078

Purchase Details

Closed on
Jun 19, 2019
Sold by
Wert Georgia May and Wert Robert Charles
Bought by
Georgia M Wert Living Trust

Purchase Details

Closed on
Jun 27, 2002
Sold by
Cleveland Charles R and Cleveland Maria Elena
Bought by
Wert Robert Charles and Wert Georgia May

Purchase Details

Closed on
Dec 31, 1996
Sold by
Morales Alberto and Morales Anna
Bought by
Cleveland Charles R and Cleveland Maria Elena

Purchase Details

Closed on
Oct 3, 1995
Sold by
Schroeder Esther P and Walker John B
Bought by
Cleveland Charles R and Cleveland Maria Elena
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
Toxtla Llc -- Austin Title Company
Toxtla Llc -- Austin Title Company
Georgia M Wert Living Trust -- None Available
Wert Robert Charles -- Fidelity National Title
Cleveland Charles R -- --
Cleveland Charles R -- Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toxtla Llc $821,000
Closed Toxtla Llc $821,000
Previous Owner Cleveland Charles R $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold -- -- --
04/22/2022 04/22/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $1,250,000 0.0% $727 / Sq Ft
11/13/2020 11/13/20 Rented $2,700 0.0% --
11/09/2020 11/09/20 Under Contract -- -- --
08/17/2020 08/17/20 For Rent $2,700 0.0% --
08/03/2020 08/03/20 Under Contract -- -- --
05/19/2020 05/19/20 For Rent $2,700 +57.0% --
04/02/2012 04/02/12 Rented $1,720 0.0% --
03/19/2012 03/19/12 Under Contract -- -- --
02/29/2012 02/29/12 For Rent $1,720 -- --
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 $17,264 $667,874 $271,860 $396,014
2023 $13,134 $725,950 $271,860 $454,090
2022 $12,912 $653,805 $271,860 $381,945
2021 $14,038 $644,923 $271,860 $373,063
2020 $11,694 $545,200 $271,860 $273,340
2018 $12,024 $543,094 $271,860 $271,234
2017 $11,343 $508,621 $271,860 $236,761
2016 $10,593 $475,000 $271,860 $203,140
2015 $4,879 $319,000 $90,620 $228,380
2014 $4,879 $237,519 $45,310 $192,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5877230

Unlock MLS (Austin Board of REALTORS®)

APN: 315641