NOT LISTED FOR SALE

4505 Inicio Ln Unit 359 Austin, TX 78725

Hornsby Bend Neighborhood

Estimated Value: $240,394 - $295,000

2 Beds
2.5 Baths
1,158 Sq Ft
$38/mo HOA Fee

Last Sold September 01, 2023

Current estimated payment $1,786/month

9 Days on Market

Highlights

  • Open Floorplan
  • Pet Amenities
  • Balcony
  • Covered Patio or Porch
  • Stainless Steel Appliances
  • Walk-In Closet

About This Home

As of September 2023

Come see this picture-perfect home in East Austin. Just minutes from Tesla’s new Gigafactory, and less than half an hour from downtown - enjoy all that Austin has to offer, but without the big city lifestyle. This stand alone condo comes with a super low HOA of $37.50 a month, which gives you the benefit of front yard maintenance, a playground and pavilion, a dog park, and maintained grounds throughout. The home has 2 generously sized bedrooms, 2.5 baths, an attached backyard that’s fully fenced, a designated 2-car parking pad with private access, freshly painted walls, brand new (July 2023) carpet upstairs, stained concrete floors (downstairs) and newly built gate in backyard. Completed in 2016, you will immediately notice the pride of ownership in this well-maintained starter home.

Last Agent to Sell the Property

Shawn Evans

LPT Realty, LLC License #0640974 Listed on: 07/26/2023

LPT Realty, LLC

Last Buyer's Agent

Richard Alvarado

Compass RE Texas, LLC License #0745699

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 2015

Lot Details

  • Northwest Facing Home
  • Landscaped
  • Native Plants
  • Back Yard Fenced

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,158 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Vinyl Clad Windows
  • Blinds
  • Storage
  • Security System Owned

Kitchen

  • Propane Cooktop
  • Range Hood
  • Warming Drawer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Alley Access
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Hornsby-Dunlap Elementary School
  • Dailey Middle School
  • Del Valle High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Propane
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 359
  • Assessor Parcel Number 03075011970000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, ground maintenance
  • Chaparral Crossing HOA
  • Built by Pacesetter Homes
  • Chaparral Crossing Condo Amd Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Common Area

Recreation

  • Community Playground
  • Park
  • Dog Park

Pet Policy

  • Pet Amenities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,998

Year Built

Built in 2015

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: See Remarks
  • Restrictions: None
  • Year Built: 2015
  • Additional Parcels: No
  • Direction Faces: NW
  • Directions: From 130, east on 969, Rt on Austin's Colony Blvd, Lt on Hunter's Bend, Lt on Kind Way, Lt on Chaparral Crossing Blvd., turn on Inicio Ln.
  • Disclosures: See Remarks
  • Estimated Taxes: 3840.00
  • ETJ Extra Territorial Jurdn: Yes
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Fenced, Full, Gate, Privacy, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 1158.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Electric Dryer Hookup, High Speed Internet, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Washer Hookup
  • Laundry Location: Inside, Laundry Closet, Main Level
  • View: None
  • Flooring: Carpet, Concrete, Linoleum
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Propane Cooktop, RNGHD, Stainless Steel Appliance(s), Vented Exhaust Fan, Warming Drawer, Water Heater-Electric, Water Softener Owned
  • Property Condition: Resale
  • Security Features: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
  • Window Features: Blinds, Vinyl Windows

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms: 3
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Exterior Steps, Private Yard
  • Roof: Composition, Shingle
  • Builder Name: Pacesetter Homes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access, Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Propane, Sewer Connected, Water Connected
  • Heating: Central, Propane
  • Water Source: Private
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Maintenance Grounds
  • Association Fee Frequency: Monthly
  • Association Fee: 37.50

Association/Amenities

  • Management Company: First Service Residential
  • Association Name: Chaparral Crossing HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Common Grounds, Curbs, Dog Park, High Speed Internet, Park, Pet Amenities, Picnic Area, Playground, Sidewalks

Schools

  • School District: Del Valle ISD
  • School District: Del Valle ISD
  • Elementary School: Hornsby-Dunlap
  • Middle School: Dailey
  • High School: Del Valle
  • Elementary School: Hornsby-Dunlap
  • High School: Del Valle
  • Middle/Junior School: Dailey

Lot Info

  • Lot Features: Alley Access, Back Yard, Curbs, Landscaped, Native Plants
  • Parcel Number: 03075011970000
  • Lot Size Acres: 0.1420
  • Lot Size Sq Ft: 6185.52
  • Subdivision Name: Chaparral Crossing Condo Amd

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1158
  • Tax Lot: 359
  • Tax Rate: 1.94717000000000
  • Tax Year: 2021
  • Tax Annual Amount: 2998.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Sep 1, 2023
Sold by
Walton Realty Llc-Austin Series 116
Seller's Agent
Shawn Evans
LPT Realty, LLC
Buyer's Agent
Richard Alvarado
Compass RE Texas, LLC
List Price
$275,000
Views
74
Current Estimated Value
$260,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.47%
Original Mortgage
$233,750
Outstanding Balance
$228,623
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$32,226

Purchase Details

Closed on
May 27, 2016
Sold by
Pacesetter Homes Llc
Bought by
Macias Luis F and Macias Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,151
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
-- -- Championship Title
Macias Luis F -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maha Ghoname $233,750
Previous Owner Macias Luis F $163,151
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold -- -- --
08/04/2023 08/04/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $275,000 -3.5% $237 / Sq Ft
05/21/2021 05/21/21 Sold -- -- -- View Prior Sale
05/07/2021 05/07/21 For Sale $285,000 -- $246 / 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 $4,381 $257,508 $37,165 $220,343
2023 $5,276 $341,070 $37,165 $303,905
2022 $6,471 $367,629 $37,165 $330,464
2021 $3,660 $197,205 $37,165 $170,761
2020 $3,567 $179,277 $37,165 $142,112
2018 $3,623 $169,516 $37,165 $132,351
2017 $3,462 $156,206 $37,165 $119,041
2016 $503 $22,700 $21,536 $1,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6323589

Unlock MLS (Austin Board of REALTORS®)

APN: 862623