NOT LISTED FOR SALE

Estimated Value: $629,000 - $725,000

-- Bed
5 Baths
2,572 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 10, 2020

Current estimated payment $4,657/month

202 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • No HOA
  • Sunset Valley Elementary School Rated A-
  • 1 Fireplace
  • Living Room

About This Home

As of April 2020

Excellent investment opportunity! This property sits in the West Gate area, just a few streets away from Central Market and super close to downtown! Fully leased. A,C, & D currently on month to month. Great income property. Rents can be increased at next renewal. Complex is being sold as is. Washer/Dryer hook up in Unit A only. Fantastic location! DO NOT DISTURB TENANTS - Will show with acceptable contract.

Last Agent to Sell the Property

Hanalei Myers

Coldwell Banker Realty License #0601368 Listed on: 08/21/2019

Coldwell Banker Realty

Last Buyer's Agent

Bryan Greenleaf

Compass RE Texas, LLC License #0493653

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,425

Year Built

  • Built in 1972

Lot Details

  • 9,496 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Views of Woods
  • Laundry in multiple locations

Schools

  • Sunset Valley Elementary School
  • Covington Middle School
  • Crockett High School

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Southern Oaks Sec 07 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 9 / B
  • Assessor Parcel Number 04101316040000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,425

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 2572.00
  • Restrictions: See Remarks
  • Unit Mix: 1/1, 2/1.5
  • Year Built: 1972
  • Directions: Mopac South, Take Westgate Blvd, left on Tahoe Trail
  • Disclosures: See Remarks
  • Estimated Taxes: 8136.00
  • FEMA Flood Plain: Yes-100 yr
  • Fencing: Fenced, Wood
  • Fireplaces: 1
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 2572.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: Trees/Woods
  • 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: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Meter Description: Allocation Billing
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Sunset Valley
  • Middle School: Covington
  • High School: Crockett
  • Elementary School: Sunset Valley
  • High School: Crockett
  • Middle/Junior School: Covington

Lot Info

  • Lot Features: Level, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 04101316040000
  • Lot Size Acres: 0.2180
  • Lot Size Sq Ft: 9496.08
  • Subdivision Name: Southern Oaks Sec 07

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3465.00
  • Pets Allowed: No

Building Info

  • Construction Materials: HardiPlank Type

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: B
  • Tax Filled Sqft Total: 2572
  • Tax Lot: 9
  • Tax Rate: 2.19652000000000
  • Tax Year: 2019
  • Tax Annual Amount: 10425.00
  • Tax Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Apr 10, 2020
Sold by
Chavez Danny
Bought by
Le Diana N
Seller's Agent
Hanalei Myers
Coldwell Banker Realty
Buyer's Agent
Bryan Greenleaf
Compass RE Texas, LLC
List Price
$475,000
Current Estimated Value
$657,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$333,750
Outstanding Balance
$294,533
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$362,614

Purchase Details

Listed on
Apr 13, 2018
Closed on
Apr 3, 2018
Sold by
Reed Albert Lloyd and Reed Karin Helga
Bought by
Chavez Danny
Seller's Agent
Chris Riley
Compass RE Texas, LLC
Buyer's Agent
Hanalei Myers
Coldwell Banker Realty
List Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Reed Albert Lloyd and Reed Karin Helga
Bought by
Reed Albert Lloyd and Reed Karin Helga

Purchase Details

Closed on
Nov 30, 2006
Sold by
Miller Kenneth W
Bought by
Reed Albert and Reed Karin Helga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,962
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2002
Sold by
Nettle James P and Nettle Michelle M
Bought by
Miller Kenneth W

Purchase Details

Closed on
Jan 25, 2001
Sold by
Nettle James P and Nettle Connie
Bought by
Miller Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
7.43%
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
Le Diana N -- Atc
Chavez Danny -- None Available
Reed Albert Lloyd -- None Available
Reed Albert -- Chicago Title Insurance Co
Miller Kenneth W -- Texas American Title Company
Miller Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Diana N $333,750
Previous Owner Reed Albert $155,962
Previous Owner Miller Kenneth W $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold -- -- --
03/10/2020 03/10/20 Pending -- -- --
03/08/2020 03/08/20 Price Changed $475,000 0.0% $185 / Sq Ft
03/08/2020 03/08/20 For Sale $475,000 -3.1% $185 / Sq Ft
02/08/2020 02/08/20 Off Market -- -- --
01/22/2020 01/22/20 Pending -- -- --
01/14/2020 01/14/20 Price Changed $490,000 -3.9% $191 / Sq Ft
10/03/2019 10/03/19 Price Changed $510,000 -2.9% $198 / Sq Ft
08/21/2019 08/21/19 For Sale $525,000 +43.8% $204 / Sq Ft
04/30/2018 04/30/18 Sold -- -- --
04/18/2018 04/18/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $365,000 -- $142 / 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 $14,072 $660,030 $407,393 $252,637
2024 $14,072 $710,035 $400,000 $310,035
2023 $14,072 $748,760 $400,000 $348,760
2022 $13,607 $688,973 $400,000 $288,973
2021 $10,428 $479,080 $200,000 $279,080
2020 $7,945 $370,400 $200,000 $170,400
2018 $10,508 $474,611 $200,000 $274,611
2017 $7,548 $319,200 $50,000 $269,200
2016 $5,499 $246,568 $50,000 $196,568
2015 $4,575 $249,860 $50,000 $199,860
2014 $4,575 $192,257 $50,000 $142,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7749155

Unlock MLS (Austin Board of REALTORS®)

APN: 510139