NOT LISTED FOR SALE

501 N Austin St Marfa, TX 79843

Estimated Value: $552,000

2 Beds
1 Bath
1,648 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 08, 2023

Current estimated payment $3,573/month

176 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Low Maintenance Yard
  • High Ceiling
  • 1 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of May 2023

Perfectly located two blocks from the historic Marfa Courthouse, this 1940's adobe has been gently and tastefully modernized with new electrical/plumbing/flooring. It still maintains its original structural charm with large windows, built-in shelving, high ceilings and a decorative fireplace. The sun-filled home invites you in and welcomes you. With an over-sized lot, there is room to grow, or turn the garage and casita into guest quarters or a nightly rental. Come fall in love with Marfa.

Last Agent to Sell the Property

Kathleen Walstrom

Marfa Realty Properties & Services, LLC License #0625985 Listed on: 10/06/2022

Last Buyer's Agent

Melissa Bent

Marfa Realty Properties & Services, LLC License #0717317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,220

Year Built

  • Built in 1940

Lot Details

  • 0.46 Acre Lot
  • Low Maintenance Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,648 Sq Ft Home
  • Bookcases
  • High Ceiling
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Gas Range
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Marfa Elementary And Middle School
  • Marfa High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Marfa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27919

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,220

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.459
  • Lot Size Sq Ft: 19994.04
  • Road Surface Type: Paved
  • Subdivision Name: Marfa
  • Directions: N. on Austin St. from Hwy 90, 5 blocks
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Other - See Remarks
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Gas Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bookcases, Other - See Remarks, High Ceilings
  • Living Area: 1648
  • Dining Room Features: Kitchen
  • Master Bathroom Features: None

Exterior Features

  • Lot Features: Low Maintenance
  • Home Warranty: No
  • Construction Type: Stucco, Other, Frame
  • Exterior Features: Other - See Remarks
  • Foundation Details: Pillar/Post/Pier, Other
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, Other - See Remarks, Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: In Kitchen
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Marfa
  • Junior High Dist: Marfa
  • High School: Marfa
  • Middle Or Junior School: Marfa

Green Features

Lot Info

  • Parcel #: 27919
  • ResoLotSizeUnits: SquareFeet

Multi Family

Tax Info

  • Tax Annual Amount: 11220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
May 8, 2023
Sold by
Morrison Mark C
Bought by
Caldwell Kenneth and Caldwell Timothy
Seller's Agent
Kathleen Walstrom
Marfa Realty Properties & Services, LLC
Buyer's Agent
Melissa Bent
Marfa Realty Properties & Services, LLC
List Price
$499,000
Views
159
Current Estimated Value
$552,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$307,941
Interest Rate
6.42%
Mortgage Type
New Conventional
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
Caldwell Kenneth -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Kenneth $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold -- -- --
04/02/2023 04/02/23 Pending -- -- --
10/07/2022 10/07/22 For Sale $499,000 +63.6% $303 / Sq Ft
04/28/2020 04/28/20 Sold -- -- --
03/30/2020 03/30/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $305,000 -- $185 / Sq Ft
Source: Odessa 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 $7,070 $420,000 $273,380 $146,620
2022 $2,830 $144,918 $56,953 $87,965
2021 $2,158 $101,368 $37,970 $63,398
2020 $1,771 $77,248 $37,970 $39,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Odessa Board of REALTORS®

MLS Number: 136324

APN: 10967