NOT LISTED FOR SALE

5007 Cape Verde Cove Unit B Austin, TX 78744

Franklin Park Neighborhood

Estimated Value: $357,813 - $462,000

2 Beds
2 Baths
1,784 Sq Ft
$227/Sq Ft Est. Value

Highlights

  • 0.32 Acre Lot
  • No Interior Steps
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2021

Great location! Minutes from downtown in SE Austin (Stassney and I35) at Franklin Park neighborhood. Located at cul-de-sac and ready to move in. Features incl. *2 full big size bedrooms, *2 fully updated bathrooms, *fully remodeled kitchen with new cabinets, stove, vent hood and refrigerator, *Fresh paint *Fireplace *Modern lighting and fixtures *Complete tiles *Washer/dryer hook ups ready *Attached garage *Private fenced patio *Big fenced backyard. Contact Owner for access code.

Last Agent to Rent the Property

Qizhi Lin

Allegiant Realty License #0699902 Listed on: 06/03/2021

Last Renter's Agent

Enrique Mejorada

Live512 LLC License #0724982

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,603

Year Built

  • Built in 1980

Lot Details

  • 0.32 Acre Lot
  • Northwest Facing Home
  • Wood Fence

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Schools

  • Widen Elementary School
  • Mendez Middle School
  • Akins High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $1,700
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Negotiable Lease Term
  • $50 Application Fee
  • Tax Lot 11
  • Assessor Parcel Number 03220302110000
  • Approved for Housing Choice Voucher

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Association Phone (512) 666-9194
  • Village South Ph 04 B Sec 02 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Deposit $350
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Medium pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,603

Year Built

Built in 1980

Lot Details

0

Parking

1

Rental Info

  • Additional Pet Fee: 350
  • App Deposit Payable To: Owner
  • App Fee Payable To: Qizhi Lin
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 350
  • Security Deposit: 1700
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Cats OK, Dogs OK, Medium (< 35 lbs)
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Year Built: 1980
  • Additional Pet Fee Description: One Time
  • Certified Funds: Yes
  • Direction Faces: NW
  • Directions: I-35. East on Stassney Ln. Right on Atascosa Dr. Left on Cape Verde Cv.
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Fireplaces: 1
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Housing Vouchers: Yes
  • Intermediary: Yes
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 1784.00
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: No Interior Steps, Primary Bedroom on Main
  • Laundry Location: Common Area
  • View: None
  • Flooring: Tile
  • Fireplace Features: Living Room
  • Management Company: Owner
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Refrigerator
  • Appliances Maintained: Dishwasher, Range/Oven/Stove, Refrigerator
  • Main Level Bedrooms: 2
  • Security Features: None
  • Smoking Inside: No
  • Spa Features: None
  • Window Features: None

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: No Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: None
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet-Cable
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Widen
  • Middle School: Mendez
  • High School: Akins
  • Elementary School: Widen
  • High School: Akins
  • Middle/Junior School: Mendez

Lot Info

  • Lot Features: None
  • Parcel Number: 03220302110000
  • Lot Size Acres: 0.3240
  • Lot Size Sq Ft: 14113.44
  • Subdivision Name: Village South Ph 04-B Sec 02

Building Info

  • Construction Materials: None
  • New Construction: No

Multi Family

  • Management Co Phone: (512) 666-9194
  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1784
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2016
Sold by
Vo Lac Dinh and Vo Linh Cam
Bought by
Rateria Abhishek
Current Estimated Value
$405,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,158
Outstanding Balance
$158,281
Interest Rate
3.43%
Mortgage Type
FHA
Estimated Equity
$247,422

Purchase Details

Closed on
Apr 25, 2014
Sold by
Nguyen Hoang
Bought by
Vo Lac Dinh and Vo Linh Cam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2008
Sold by
Km Solutions Llc
Bought by
Nguyen Hoang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2006
Sold by
Makarczyk Matthew and Takimoto Makarczyk Keiko
Bought by
Km Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,775
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 5, 2006
Sold by
Thompson Ronald D and Thompson Yu Son
Bought by
Makarczyk Matthew and Takimoto Makarczyk Keiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,775
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 8, 1994
Sold by
Vail Spencer
Bought by
Thompson Ronald D and Thompson Yu Son

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,200
Interest Rate
7.61%
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
Rateria Abhishek -- Trinity Title Of Texas Llc
Vo Lac Dinh -- None Available
Nguyen Hoang -- United Title Of Texas
Km Solutions Llc -- None Available
Makarczyk Matthew -- Independence Title Company
Thompson Ronald D -- Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rateria Abhishek $198,158
Previous Owner Vo Lac Dinh $108,000
Previous Owner Nguyen Hoang $102,400
Previous Owner Makarczyk Matthew $20,775
Previous Owner Makarczyk Matthew $103,875
Previous Owner Thompson Ronald D $32,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Rented $1,675 -1.5% --
08/10/2021 08/10/21 For Rent $1,700 0.0% --
06/08/2021 06/08/21 Off Market $1,700 -- --
06/03/2021 06/03/21 For Rent $1,700 +21.4% --
09/17/2020 09/17/20 Rented $1,400 0.0% --
05/28/2020 05/28/20 For Rent $1,400 -- --
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 $8,603 $406,538 $154,837 $251,701
2023 $8,603 $471,401 $144,000 $327,401
2022 $8,505 $430,640 $144,000 $286,640
2021 $7,169 $329,342 $72,000 $257,342
2020 $5,450 $254,108 $72,000 $182,108
2018 $5,085 $229,656 $72,000 $157,656
2017 $5,070 $227,360 $50,000 $177,360
2016 $3,945 $176,886 $23,000 $153,886
2015 $3,001 $135,098 $20,000 $115,098
2014 $3,001 $126,090 $20,000 $106,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8217234

Unlock MLS (Austin Board of REALTORS®)

APN: 295043