NOT LISTED FOR SALE

5303 Indio Dr Unit D Austin, TX 78745

Westgate Neighborhood

Estimated Value: $843,000 - $1,132,000

2 Beds
2 Baths
1,048 Sq Ft
$921/Sq Ft Est. Value

Highlights

  • Main Floor Primary Bedroom
  • High Ceiling
  • No HOA
  • Sunset Valley Elementary School Rated A-
  • Granite Countertops
  • Central Heating and Cooling System

About This Home

As of July 2020

Recently updated with new kitchen cabinets, granite counter tops, and updated appliances. This spacious top floor unit features vaulted ceilings, vinyl plank wood floors with carpet in the bedrooms, washer/dryer connections, and a walk in closet in the master. Great location off of Westgate just down from Central Market, with Sunset Valley right around the corner! Tenants moving out, but you can check out the virtual tour here - https://www.boxbrownie.com/360/?c=0a3f3a8bf1f6a2b8ac2cade9ae31ef07d4a79852FEMA - Unknown

Last Agent to Rent the Property

Chris Riley

Compass RE Texas, LLC License #0619130 Listed on: 06/19/2020

Compass RE Texas, LLC

Last Renter's Agent

Christopher Hernandez

Compass RE Texas, LLC License #0717098

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,075

Year Built

  • Built in 1983

Lot Details

  • 7,928 Sq Ft Lot
  • Northwest Facing Home

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Frame Construction

Interior Spaces

  • 1,048 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • High Ceiling
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,250
  • Tenant pays for all utilities
  • $75 Application Fee
  • Assessor Parcel Number 04121301420000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cherry Creek Ph V Sec 01 Subdivision
  • Property managed by Lee Properties

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed
  • Medium pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,075

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Tenant Pays: All Utilities
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, All, Medium (< 35 lbs)
  • Available Date: 2020-07-09
  • App Deposit Payable To: Lee Properties
  • App Fee Payable To: Lee Properties
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Broker
  • Max Numof Pets: 2
  • Additional Pet Fee: 300
  • Pet Deposit: 0
  • Max Lease Months: 12
  • Online App Instructions: https://www.leeproperties.com/current-vacancies
  • Online App Instructions Public: https://www.leeproperties.com/current-vacancies
  • App Delivery To: 2213 Poquito Street Suite #100, Austin 78722

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Quadruplex
  • Building Area Total: 1048
  • Year Built: 1983
  • Direction Faces: Northwest
  • Directions: From Westgate and 290, turn left on Indio Dr. Continue to 5303 on the right. Not in the CV or Circle but this one is on Indio Drive.
  • Fencing: None
  • Fireplaces: 1
  • Levels: Two
  • Living Area: 1048
  • Special Listing Conditions: Standard
  • FEMA Flood Plain: See Remarks
  • Restrictions: None
  • Unit Style: Neighbor Below
  • Smoking Inside YN: 0
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bookcases, High Ceilings, Primary Bedroom on Main, Granite Counters
  • View: None
  • Flooring: Carpet, Laminate
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Free-Standing Range, Refrigerator
  • Main Level Bedrooms: 2
  • Security Features: None
  • Spa Features: None
  • ResoLivingAreaSource: Owner
  • Laundry Location: In Kitchen,Laundry Room
  • Num Dining: 1
  • Num Living: 1
  • Appliances Maintained: Dishwasher,Disposal,Range/Oven/Stove,Refrigerator
  • Min Lease Months: 12
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Exterior Steps
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate

Association/Amenities

  • Association: No
  • Community Features: None

Condo/Co-op/Association

  • Managed By: Property Manager
  • Management Company: Lee Properties

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 04121301420000
  • Lot Size Acres: 0.182
  • Lot Size Sq Ft: 7927.92
  • Subdivision Name: Cherry Creek Ph V Sec 01
  • Crops: None

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 4
  • Management Co Phone: (512) 906-0383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Parate Sachin N and Parate Mona
Bought by
Teague Adonis
Current Estimated Value
$965,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$932,400
Outstanding Balance
$843,666
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$121,794

Purchase Details

Closed on
Jan 21, 2014
Sold by
Nung Llc
Bought by
Parate Sachin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2006
Sold by
Cho Smith J and Shyn Sarah I
Bought by
Tsang Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2005
Sold by
Runyan Glenn M and Runyan Sharon J
Bought by
Cho Smith J and Shyn Sarah I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,800
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1996
Sold by
Andrews Bolivar C
Bought by
Runyan Glenn M and Runyan Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
8.1%
Mortgage Type
Commercial
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
Teague Adonis -- North American Title
Parate Sachin N -- None Available
Tsang Michael -- None Available
Cho Smith J -- Fidelity National Title Co
Runyan Glenn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teague Adonis $932,400
Previous Owner Parate Sachin N $260,000
Previous Owner Tsang Michael $240,800
Previous Owner Cho Smith J $195,800
Previous Owner Runyan Glenn M $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Rented $1,250 0.0% --
07/13/2020 07/13/20 Under Contract -- -- --
06/19/2020 06/19/20 For Rent $1,250 +13.6% --
02/20/2019 02/20/19 Rented $1,100 -4.3% --
02/13/2019 02/13/19 Under Contract -- -- --
01/29/2019 01/29/19 Price Changed $1,150 -3.8% $1 / Sq Ft
01/12/2019 01/12/19 Price Changed $1,195 -4.4% $1 / Sq Ft
01/03/2019 01/03/19 Price Changed $1,250 -7.4% $1 / Sq Ft
12/12/2018 12/12/18 For Rent $1,350 +35.0% --
09/02/2017 09/02/17 Rented $1,000 0.0% --
08/31/2017 08/31/17 Under Contract -- -- --
08/28/2017 08/28/17 Price Changed $1,000 -9.1% $0 / Sq Ft
08/15/2017 08/15/17 Price Changed $1,100 -4.3% $0 / Sq Ft
07/27/2017 07/27/17 Price Changed $1,150 -3.8% $0 / Sq Ft
07/10/2017 07/10/17 Price Changed $1,195 -4.4% $0 / Sq Ft
07/01/2017 07/01/17 For Rent $1,250 +25.0% --
02/01/2016 02/01/16 Rented $1,000 0.0% --
01/12/2016 01/12/16 Under Contract -- -- --
01/08/2016 01/08/16 For Rent $1,000 -12.3% --
07/12/2013 07/12/13 Rented $1,140 -5.0% --
07/12/2013 07/12/13 Under Contract -- -- --
06/18/2013 06/18/13 For Rent $1,200 -- --
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 $21,075 $948,348 $401,878 $546,470
2023 $19,934 $1,101,766 $400,000 $701,766
2022 $17,750 $898,767 $400,000 $498,767
2021 $15,439 $709,286 $200,000 $509,286
2020 $11,694 $545,200 $200,000 $345,200
2018 $13,535 $611,351 $200,000 $411,351
2017 $11,241 $504,060 $50,000 $454,060
2016 $8,665 $388,525 $50,000 $338,525
2015 $7,115 $400,000 $50,000 $350,000
2014 $7,115 $298,972 $50,000 $248,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1679068

Unlock MLS (Austin Board of REALTORS®)

APN: 510428