NOT LISTED FOR SALE

Estimated Value: $534,578 - $541,000

-- Bed
4 Baths
2,828 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 04, 2014

Current estimated payment $3,838/month

90 Days on Market

Highlights

  • Deck
  • Home Office
  • In-Law or Guest Suite
  • No HOA
  • Cul-De-Sac
  • Walk-In Closet

About This Home

As of April 2014

Back on Market. Great cash flow, blocks from elementary school, and two minutes from downtown Austin! Located in a cul-de-sac, these large three bedroom units lease quickly and for top dollar - currently $2,145/month. Recently remodeled in May 2012, this duplex is just six miles from Downtown. Built in 2003 and blocks from Rodriguez Elementary School, this large duplex has a large tenant pool and always generates the strongest rents in the area. Stained concrete floors make for a quick make ready.FEMA - Unknown Restrictions: Yes

Last Buyer's Agent

Dustin Raye

Spyglass Realty License #0613889

Spyglass Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 2003

Lot Details

  • 10,585 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Wood Fence
  • Dense Growth Of Small Trees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 2,828 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Home Office
  • Laundry in multiple locations

Flooring

  • Painted or Stained Flooring
  • Concrete

Bedrooms and Bathrooms

  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Deck

Schools

  • Rodriguez Elementary School
  • Mendez Middle School
  • Travis High School

Utilities

  • No Heating
  • Separate Meters
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Peppertree Park Sec 02 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 03170201050000
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,295

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2828.00
  • Restrictions: See Remarks
  • Unit Mix: 3/2
  • Year Built: 2003
  • Directions: From IH 35 and Stassney; going north on access road; turn right at Teri Road; turn right at Spruce Cove.
  • Estimated Taxes: 7017.30
  • Fencing: Privacy, Wood
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 2828.00
  • New Loan Amount: 136045
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: In-Law Floorplan, Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Concrete, Painted/Stained
  • Accessibility Features: None
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: None
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s)

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Rodriguez
  • Middle School: Mendez
  • High School: Travis
  • Elementary School: Rodriguez
  • High School: Travis
  • Middle/Junior School: Mendez

Lot Info

  • Lot Features: Cul-De-Sac, Trees-Small (Under 20 Ft)
  • Parcel Number: 03170201050000
  • Lot Size Acres: 0.2430
  • Lot Size Sq Ft: 10585.08
  • Subdivision Name: Peppertree Park Sec 02

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2145.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, Stone

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Rate: 2.70000000000000
  • Tax Year: 2013
  • Tax Annual Amount: 2295.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2015
Sold by
Nare Enterprises Llc
Bought by
Naretx Enterprises Llc
Current Estimated Value
$537,789

Purchase Details

Listed on
Nov 9, 2013
Closed on
Mar 6, 2014
Sold by
Calsun Enterprises Llc
Bought by
Nare Enterprises Llc
Buyer's Agent
Dustin Raye
Spyglass Realty
List Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$136,045
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2012
Closed on
Mar 28, 2012
Sold by
Hsbc Bank Usa Na
Bought by
Calsun Enterprises Llc
List Price
$129,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.90%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Guerrero Gabriel
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Jun 3, 2004
Sold by
Guerrero Jose
Bought by
Guerrero Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
9.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2003
Sold by
Cruz Raquel and Garcia Raquel Cruz
Bought by
Guerrero Jose and Guerrero Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.79%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 29, 2000
Sold by
Guerrero Gabriel
Bought by
Cruz Raquel
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
Naretx Enterprises Llc -- Independence Title
Nare Enterprises Llc -- None Available
Calsun Enterprises Llc -- Ttt
Hsbc Bank Usa $165,750 None Available
Guerrero Gabriel -- Chicago Title Insurance Comp
Guerrero Jose -- Chicago Title Insurance Co
Cruz Raquel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naretx Enterprises Llc $325,000
Closed Naretx Enterprises Llc $190,000
Previous Owner Nare Enterprises Llc $136,045
Previous Owner Guerrero Gabriel $11,600
Previous Owner Guerrero Gabriel $204,000
Previous Owner Guerrero Gabriel $170,000
Previous Owner Guerrero Jose $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Sold -- -- --
02/07/2014 02/07/14 Pending -- -- --
11/09/2013 11/09/13 For Sale $209,900 +61.6% $74 / Sq Ft
03/30/2012 03/30/12 Sold -- -- --
03/07/2012 03/07/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $129,900 -- $46 / 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 $10,894 $471,945 $135,422 $336,523
2023 $8,324 $460,074 $120,000 $340,074
2022 $8,064 $408,296 $120,000 $288,296
2021 $10,297 $473,064 $63,000 $410,064
2020 $7,874 $367,100 $63,000 $304,100
2018 $8,005 $361,572 $63,000 $298,572
2017 $6,099 $273,474 $50,000 $223,474
2016 $5,874 $263,393 $20,000 $243,393
2015 $4,040 $201,247 $20,000 $181,247
2014 $4,040 $169,780 $20,000 $149,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9734000

Unlock MLS (Austin Board of REALTORS®)

APN: 292860