NOT LISTED FOR SALE

4701 Sara Dr Unit A Austin, TX 78721

East MLK Neighborhood

Estimated Value: $624,191 - $872,000

4 Beds
3 Baths
2,138 Sq Ft
$350/Sq Ft Est. Value

Last Sold January 09, 2020

Current estimated payment $5,206/month

126 Days on Market

Highlights

  • Creek or Stream View
  • Covered patio or porch
  • Walk-In Closet
  • Vaulted Ceiling
  • Attached Garage
  • Recessed Lighting

About This Home

As of January 2020

Striking investment opportunity in East Austin. 4BD, 3BA floor plan with large open concept kitchen. Massive walk in closet and enormous laundry room with ample storage and wash sink. Floor plan lends itself to a Type 1 Airbnb for those that travel frequently. Located 10 minutes to the airport. House could be rented as either a 4 BD for maximum revenue or the master suite could be locked off completely and still rented as a 3BD. 1 car garage with carport. Large, private, fenced back yard.

Last Agent to Sell the Property

Austin Stowell

Compass RE Texas, LLC License #0516777 Listed on: 08/02/2019

Compass RE Texas, LLC

Last Buyer's Agent

Elizabeth Kirkpatrick

All City Real Estate Ltd. Co License #0674223

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,178

Year Built

  • Built in 2019

Lot Details

  • 0.26

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • House
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,138 Sq Ft Home
  • Vaulted Ceiling
  • Recessed Lighting
  • Creek or Stream Views
  • Fire and Smoke Detector

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Front Facing Garage

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Utilities

  • Central Heating
  • Underground Utilities
  • Electricity To Lot Line
  • Sewer in Street

Additional Features

  • No Carpet
  • Level Lot

Community Details

  • Association fees include common insurance
  • Built by GCS

Listing and Financial Details

  • Legal Lot and Block 1 / 7
  • Assessor Parcel Number 02081810030000
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,178

Year Built

Built in 2019

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: House
  • Unit Style: 1st Floor Entry
  • Access Instructions: Key In Lockbox
  • Guest Accommodations: No
  • Restrictions: No
  • Total Sq Ft: 2138
  • Steps: Interior Steps
  • Stories: 2
  • Year Built Exception: New
  • Year Built: 2019
  • Ratio Close Price By List Price: 0.97663
  • Ratio Close Price By Original Li: 0.90139
  • Ratio Close Price By Sq Ft: 273.62
  • Ratio Current Price By Lot Size: 2224334.60
  • Ratio Current Price By Sq Ft: 273.62
  • Ratio List Price By Sq Ft: 280.17
  • Special Features: NewHome
  • Year Built: 2019

Interior Features

  • Disability Features: No
  • Faces: North
  • Master Description: Walk-In Closet, Walk-In Shower
  • Kitchen: Breakfast Bar, Center Island, Natural Stone Counters, Walk-In Pantry
  • Main Level Bedrooms: 1
  • Interior Amenities: Ceiling-Vaulted, Lighting Recessed, Smoke Detector, Walk-In Closet
  • Dining Description: Breakfast Area
  • View: Creek/Stream
  • Laundry Facilities: Dryer Connection - Electric, Main Level, Sink, Utility/Laundry Room, Washer Connections
  • Sprinkler System: No
  • Flooring: Concrete, No Carpet, Tile - Hard
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Kitchen Appliances: Dishwasher, Disposal, Microwave Oven, Range-Free Standing, Refrigerator, Stainless Steel, Water Heater Gas, Water Heater Tankless
  • Master Main: No
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 3
  • Num Parking Spaces: 1
  • Region: Austin - East

Exterior Features

  • Fence: Cedar
  • Pool on Property: No
  • Waterfront: No
  • Exterior Features: Curbs, Gutters Partial, Patio-Covered
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Horses Allowed On Property: No
  • Builder Name: GCS
  • Water Access: No
  • Foundation: Slab
  • Spa Hot Tub: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: 1 Car Carport, Attached, Entry-Front, Garage

Utilities

  • Cooling: Central Air
  • Sewer: City At Street
  • Utilities: Electricity On Property, Natural Gas On Property, Underground
  • Heating: Central Heat
  • Water Source: City

Condo/Co-op/Association

  • Gated Community: No
  • HOA: Yes
  • HOA Fee Includes: Common Insurance
  • Association Fee Frequency: Monthly
  • Association Fee: 90
  • Hoa Name: 4701 Sara Drive Cond
  • H O A Requirement: Mandatory

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary A: Ortega
  • Intermediary: Yes
  • Middle Intermediate School: Martin
  • High School: Eastside Memorial

Lot Info

  • F E M A100 Yr Flood Plain: Partial
  • Lot Features: Level
  • Lot Size Area: 0.263
  • Parcel Number: 02081810030000
  • M A P S C O Grid: T
  • M A P S C O Page: 586

Tax Info

  • Actual Tax: 4228.00
  • Tax Block: 7
  • Tax Lot: 1
  • Tax Rate: 2.19652000000000
  • Tax Amount: 9731.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jan 9, 2020
Sold by
Airhead Reserve Llc
Bought by
Refass Mohamed
Seller's Agent
Austin Stowell
Compass RE Texas, LLC
Buyer's Agent
Elizabeth Kirkpatrick
All City Real Estate Ltd. Co
List Price
$649,000
Sold Price
$585,000
Premium/Discount to List
-$64,000
-9.86%
Total Days on Market
126
Current Estimated Value
$748,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,096
Avg. Annual Appreciation
4.64%
Original Mortgage
$468,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Refass Mohamed -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeass Mohamed $469,100
Closed Refass Mohamed $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold -- -- --
12/06/2019 12/06/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $599,000 -7.7% $280 / Sq Ft
08/02/2019 08/02/19 For Sale $649,000 -- $304 / 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 $11,178 $717,604 $165,000 $552,604
2022 $14,203 $719,191 $0 $0
2021 $13,061 $600,060 $96,250 $503,810
2020 $10,430 $486,293 $96,250 $390,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6428862

Unlock MLS (Austin Board of REALTORS®)

APN: 928695