NOT LISTED FOR SALE

Estimated Value: $769,807 - $1,022,000

0.14 Acre
$6,636,326 Price per Acre
5,881 Sq Ft Lot

Last Sold January 17, 2023

Current estimated payment $5,304/month

100 Days on Market

Highlights

  • Wooded Lot
  • Community Pool
  • Balcony
  • No HOA
  • Tennis Courts
  • Park

About This Lot

As of January 2023

Welcome home to an original part of classic Austin! Nestled in the heart of 78704, the hottest zip code in the capital city. Surrounded by trees, with the Blunn Creek Greenbelt just moments away from your front door, you can walk the trails or sit and read peacefully on a bench. If the heat is getting to you Big Stacy Pool is less than a ten minute walk away as are all the popular shops and restaurants that make up SoCo (the buzzing South Congress scene) with its view of the downtown skyline and the capitol. Little Stacy park also give you access to a playground, as well as basketball and tennis courts. The elementary school Travis Heights and the middle school Sarah Beth Lively, two exemplary campuses are within walking distance as well. The house itself boasts 2.5 baths, 2 bedrooms with 1 additional flex/office room (no closet), a back deck, and an unfinished basement. With its open concept and original wooden floors, you'll enjoy your new sanctuary with it quick access to the downtown scene. A new multi-level, 145,000 square foot HEB grocery store is currently being constructed at Oltorf and South Congress and will be completed in the years to come. This neighborhood is truly unique and has everything you need to make 508 Lockhart Dr your brand new home!

This lot is ZONED SF-3 so you can build an ADU on this property.

Last Agent to Sell the Property

Gabriel Tello

All City Real Estate Ltd. Co License #0744316 Listed on: 09/05/2022

All City Real Estate Ltd. Co

Last Buyer's Agent

Sahar Pezeshki

Compass RE Texas, LLC License #0642642

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,437

Lot Details

  • 5,881 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Lot Sloped Down
  • Wooded Lot
  • Back Yard Fenced and Front Yard

Schools

  • Travis Hts Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Above Ground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 5
  • Assessor Parcel Number 283365
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Blue Bonnet Hills Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Balcony

Property Details

Property Type

Land

Est. Annual Taxes

$4,437

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: None
  • Additional Parcels: No
  • Builder Restricted: No
  • Commercial: No
  • Directions: From IH-35 go west on Oltorf, take a right on Eastside Dr, take a left on Lockhart, house is on the right about halfway up the street. From From Hwy 71 go north on S. Congress, take a right on Leland St, take a left on Brackenridge St, take a right on Lockhart, house is on the left about halfway down the hill.
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 11650.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Privacy, Wood
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Mineral: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • View: None

Exterior Features

  • Exterior Features: Balcony
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Cable Available, Electricity Available, Electricity Connected, Internet-Cable, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Association/Amenities

  • Association: No
  • Community Features: Curbs, Park, Picnic Area, Pool, Tennis Court(s)

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Travis Hts
  • Middle School: Lively
  • High School: Travis
  • Elementary School: Travis Hts
  • High School: Travis
  • Middle/Junior School: Lively

Lot Info

  • Endangered Species: No
  • Lot Features: Back Yard, Curbs, Front Yard, Sloped Down, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 283365
  • Lot Size Acres: 0.1350
  • Lot Size Sq Ft: 5880.60
  • Subdivision Name: Blue Bonnet Hills
  • Surface Water: No

Building Info

  • New Construction: No

Tax Info

  • Tax Block: 5
  • Tax Lot: 10
  • Tax Rate: 2.14486000000000
  • Tax Year: 2020
  • Tax Annual Amount: 4437.00
  • Tax Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Jan 17, 2023
Sold by
Vasquez Arthur E
Bought by
Polacov Federico David
Seller's Agent
Gabriel Tello
All City Real Estate Ltd. Co
Buyer's Agent
Sahar Pezeshki
Compass RE Texas, LLC
List Price
$1,000,000
Views
4
Current Estimated Value
$895,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.48%
Original Mortgage
$710,600
Outstanding Balance
$692,683
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$103,182

Purchase Details

Listed on
Sep 5, 2022
Closed on
Jan 13, 2023
Sold by
Vasquez Arthur E
Bought by
Vasquez Arthur E
Seller's Agent
Gabriel Tello
All City Real Estate Ltd. Co
Buyer's Agent
Sahar Pezeshki
Compass RE Texas, LLC
List Price
$1,000,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,600
Outstanding Balance
$692,683
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$103,182
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
Polacov Federico David -- --
Vasquez Arthur E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polacov Federico David $710,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold -- -- --
01/17/2023 01/17/23 Sold -- -- --
12/14/2022 12/14/22 Pending -- -- --
12/14/2022 12/14/22 Pending -- -- --
12/11/2022 12/11/22 For Sale $1,000,000 0.0% $845 / Sq Ft
12/11/2022 12/11/22 For Sale $1,000,000 0.0% $845 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
11/27/2022 11/27/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $1,000,000 0.0% $845 / Sq Ft
09/23/2022 09/23/22 Price Changed $1,000,000 -16.7% $845 / Sq Ft
09/05/2022 09/05/22 Price Changed $1,200,000 0.0% $1,014 / Sq Ft
09/05/2022 09/05/22 For Sale $1,200,000 -7.7% $1,014 / Sq Ft
08/05/2022 08/05/22 For Sale $1,300,000 -- $1,098 / 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 $5,068 $709,347 $571,421 $137,926
2023 $4,391 $722,971 $0 $0
2022 $12,980 $657,246 $0 $0
2021 $13,006 $597,496 $405,000 $193,717
2020 $11,650 $543,178 $405,000 $138,178
2018 $11,030 $498,190 $405,000 $93,190
2017 $10,517 $471,596 $400,000 $132,577
2016 $9,561 $428,724 $375,000 $114,708
2015 $3,550 $389,749 $350,000 $131,027
2014 $3,550 $354,317 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5048905

Unlock MLS (Austin Board of REALTORS®)

APN: 283365