J
Seller's Agent in 2021
Jeremy Boos
Austin Evolution Residential
(512) 689-4735
2 in this area
19 Total Sales
511 E 50th St Austin, TX 78751
Hyde Park NeighborhoodEstimated Value: $677,000 - $984,564
--
Bed
3
Baths
2,866
Sq Ft
$303/Sq Ft
Est. Value
Highlights
- Horses Allowed On Property
- Wooded Lot
- No HOA
- Ridgetop Elementary School Rated A
- Vaulted Ceiling
- Walk-In Closet
About This Home
As of May 2021Investment Opportunity in Hyde Park - Duplex on large lot with 3 bed/3bth on each side. $3950 total monthly rent, leases expire 7/31/2021. Options to remodel and increase rental income or tear down and rebuild. Duplex next door at 601 E. 50th also for sale and is same layout. Rents are lower due to Covid impacting student lease market. Typically rent for $2200 each. Tenants also pay $100 per month for water. Owner also selling two other duplexes in Hyde Park and will be in MLS soon. 4513 Speedway, $869,000, 3x3 on each side and 3408 Cedar St.,$929,000 with a 2/2 and 3/2 on Huge lot. Buy them all for income producing portfolio. Properties sold as-is. No surveys, originals lost in 2014 house fire. Buyer to buy survey. Buyers agent to do due diligence. All units exact same floorplan. Pictures may be of different units.
Last Agent to Sell the Property
Austin Evolution Residential License #0460766 Listed on: 03/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,209
Year Built
- Built in 1984
Lot Details
- 9,235 Sq Ft Lot
- East Facing Home
- Level Lot
- Wooded Lot
- Property is in below average condition
Home Design
- Duplex
- Slab Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
- Vertical Siding
- Asphalt
Interior Spaces
- Walk-In Closet
- 2,866 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Aluminum Window Frames
- French Doors
- Living Room with Fireplace
- Washer and Dryer
Kitchen
- Electric Oven
- Free-Standing Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Parking
- Driveway
- Parking Lot
- Outside Parking
Schools
- Ridgetop Elementary School
- Lamar Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- City Lot
- Horses Allowed On Property
Listing and Financial Details
- The owner pays for trash collection, water
- Assessor Parcel Number 02230913260000
Community Details
Overview
- No Home Owners Association
- Mueller Fred A Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 17, 2022
Sold by
Kishore Papily Raghu
Bought by
Shumacker Eric and Ma Qianwen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$926,642
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$58,501
Purchase Details
Listed on
Mar 3, 2021
Closed on
May 14, 2021
Sold by
Gay Barry R and Daniels Deana A
Bought by
Papily Raghu Kishore
Seller's Agent
Jeremy Boos
Austin Evolution Residential
Buyer's Agent
Tony Lazarov
Respace LLC
List Price
$799,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$506,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 17, 1997
Sold by
Mccreary Richard B and Mccreary Lois A
Bought by
Gay Barry R and Daniels Deana A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.82%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shumacker Eric | -- | Capstone Title | |
| Papily Raghu Kishore | -- | Capstone Title | |
| Gay Barry R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shumacker Eric | $975,000 | |
| Previous Owner | Papily Raghu Kishore | $506,250 | |
| Previous Owner | Gay Barry R | $154,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | -- | -- | -- |
| 03/05/2021 03/05/21 | Pending | -- | -- | -- |
| 03/03/2021 03/03/21 | For Sale | $799,000 | -- | $279 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $17,220 | $816,095 | $613,598 | $202,497 |
| 2023 | $15,846 | $875,825 | $600,875 | $274,950 |
| 2022 | $19,050 | $964,595 | $600,875 | $363,720 |
| 2021 | $15,893 | $730,158 | $382,375 | $347,783 |
| 2020 | $12,209 | $569,200 | $382,375 | $186,825 |
| 2018 | $12,638 | $570,840 | $336,337 | $234,503 |
| 2017 | $10,266 | $460,342 | $357,500 | $102,842 |
| 2016 | $10,553 | $473,218 | $302,500 | $170,718 |
| 2015 | $10,340 | $479,183 | $269,500 | $209,683 |
| 2014 | $10,340 | $514,646 | $300,000 | $214,646 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Boos
-
Tony Lazarov
Buyer's Agent in 2021
Tony Lazarov
Respace LLC
(512) 762-8669
12 in this area
56 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7770943
APN: 221691
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