NOT LISTED FOR SALE

509 Central Ave Unit B Elgin, TX 78621

Estimated Value: $343,000 - $782,000

3 Beds
1 Bath
1,794 Sq Ft
$314/Sq Ft Est. Value

Highlights

  • 1-Story Property
  • North Facing Home
  • Partially Fenced Property
  • Central Heating and Cooling System

About This Home

As of July 2021

Great 3 beds 1 bath Duplex, located near downtown Elgin. Leasing requirements: income need to be equal or higher than 3 times the rent, No eviction, broken leases or criminal background.

Last Agent to Rent the Property

Adela Hernandez

All City Real Estate Ltd. Co License #0619755 Listed on: 07/09/2021

All City Real Estate Ltd. Co

Last Renter's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 7,318 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,794 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Laminate Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Hall
  • Laundry in Kitchen

Parking

  • 2 Parking Spaces
  • Driveway

Location

  • City Lot

Schools

  • Elgin Elementary And Middle School
  • Elgin High School

Utilities

  • Central Heating and Cooling System
  • Separate Water Meter

Listing and Financial Details

  • Security Deposit $1,350
  • Tenant pays for all utilities
  • No Smoking Allowed
  • Negotiable Lease Term
  • $30 Application Fee
  • Tax Lot 1
  • Assessor Parcel Number R61933

Community Details

Overview

  • Central Ave Subdivision

Pet Policy

  • Pets Allowed
  • Pet Deposit $150
  • $50 Monthly Pet Rent
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

7,318 Sq Ft Lot

Rental Info

  • App Deposit Payable To: Texas Group 400
  • App Fee Payable To: See Agent
  • Application Fee: 30
  • Application Policy: Best Qualified Application
  • Application Required: TAR App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Max Numof Pets: 2
  • Monthly Pet Rent: 50
  • Pet Deposit: 150
  • Security Deposit: 1350
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Yes
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Year Built: 1986
  • Certified Funds: Yes
  • Direction Faces: North
  • Directions: From HWY 290, Turn left onto Austin St., Turn left onto Joe Sayers St., and Turn right onto Central Ave
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: Partial, See Remarks
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 1794.00
  • Monthly Pet Rent Per Pet: Yes
  • Move In Special: No
  • On Site Compliance: No
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks
  • Laundry Location: In Hall, In Kitchen
  • View: None
  • Flooring: Laminate
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Range
  • Appliances Maintained: Range/Oven/Stove, Refrigerator
  • Main Level Bedrooms: 3
  • Security Features: None
  • Smoking Inside: No
  • Window Features: Aluminum Frames

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Meter Description: Water Separate
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Community Features: None

Schools

  • School District: Elgin ISD
  • Elementary School: Elgin
  • High School: Elgin
  • Middle/Junior School: Elgin

Lot Info

  • Lot Features: City Lot
  • Parcel Number: R61933
  • Lot Size Acres: 0.1680
  • Lot Size Sq Ft: 7318.08
  • Subdivision Name: Central Ave

Building Info

  • Construction Materials: Vinyl Siding
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1794
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Gilliam Todd A and Gilliam Elizabeth C
Bought by
Genesis Properties Llc
Current Estimated Value
$562,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,920
Outstanding Balance
$382,957
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$179,544

Purchase Details

Closed on
Nov 30, 2005
Sold by
Collins Peggy
Bought by
Gilliam Todd A and Gilliam Elizabeth C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Genesis Properties Llc -- None Listed On Document
Genesis Properties Llc -- None Listed On Document
Genesis Properties Llc -- None Listed On Document
Gilliam Todd A -- None Available
Gilliam Todd A -- None Available
Gilliam Todd A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genesis Properties Llc $430,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2021 07/31/21 Rented $1,300 -3.7% --
07/20/2021 07/20/21 Under Contract -- -- --
07/09/2021 07/09/21 For Rent $1,350 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

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 $3,843 $143,961 $35,210 $108,751
2024 $3,843 $160,295 $35,210 $125,085
2023 $3,843 $166,549 $35,210 $131,339
2022 $3,574 $139,806 $28,168 $111,638
2021 $2,693 $94,077 $15,111 $78,966
2020 $4,420 $149,840 $13,644 $136,196
2019 $5,158 $150,137 $16,138 $133,999
2018 $3,294 $110,474 $14,670 $95,804
2017 $2,679 $89,518 $14,670 $74,848
2016 $2,915 $97,414 $14,670 $82,744
2015 $2,642 $95,790 $14,670 $81,120
2014 $2,642 $84,883 $14,670 $70,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1494260

Unlock MLS (Austin Board of REALTORS®)

APN: 61933

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