Seller's Agent in 2018
Tim Landy
Compass RE Texas, LLC
(512) 773-0805
83 Total Sales
5304 Indio Cove Austin, TX 78745
Westgate NeighborhoodEstimated Value: $989,923 - $1,229,000
--
Bed
8
Baths
4,192
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- 0.64 Acre Lot
- 4 Fireplaces
- Sunset Valley Elementary School Rated A-
- Open Floorplan
- No HOA
About This Home
As of August 2018Updated fourplex with great rent roll in very hot 78745. Total rent of $5,725 with great tenants in place. One tenant is month to month, good for owner occupant opportunity as well. Owner has replaced the roof, new HVAC in 2017, exterior paint, replaced damaged siding, 3 units had full interior paint and kitchen updates. These units rent quickly to limit vacancies. See Documents for rent and list of upgrades/repairs. Showing only with accepted offer.Restrictions: Yes
Last Agent to Sell the Property
Compass RE Texas, LLC License #0625349 Listed on: 07/23/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,439
Year Built
- Built in 1983
Lot Details
- 0.64 Acre Lot
- Interior Lot
- Level Lot
Parking
- Covered Parking
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 4,192 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- 4 Fireplaces
- Living Room
- Views of Woods
Kitchen
- Free-Standing Range
- Dishwasher
Flooring
- Laminate
- Tile
Laundry
- Laundry in multiple locations
- Dryer Hookup
Outdoor Features
- Balcony
Schools
- Sunset Valley Elementary School
- Covington Middle School
- Crockett High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Separate Water Meter
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Down Payment Assistance Available
- Legal Lot and Block 7 / B
- Assessor Parcel Number 04121506410000
- 2% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- 4 Units
- Cherry Creek Ph V Sec 01 Subdivision
- The community has rules related to deed restrictions
Amenities
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2018
Closed on
Aug 31, 2018
Sold by
534 Indio Cove Llc
Bought by
Rao Arjun and Rao Liana
Seller's Agent
Tim Landy
Compass RE Texas, LLC
Buyer's Agent
Kevin Bown
Twelve Rivers Realty
List Price
$700,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$521,250
Outstanding Balance
$457,350
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$574,993
Purchase Details
Closed on
May 5, 2006
Sold by
Jordan Melvin F
Bought by
Holder Alexander and Zapata Jamie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.73%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 25, 1999
Sold by
Moss James W and Moss Christa L
Bought by
Jordan Melvin F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.69%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Rao Arjun | -- | Alamo Title Co | |
| Holder Alexander | -- | Independence Title Co | |
| Jordan Melvin F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rao Arjun | $521,250 | |
| Previous Owner | Holder Alexander | $240,000 | |
| Previous Owner | Jordan Melvin F | $215,550 | |
| Previous Owner | Jordan Melvin F | $215,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2018 08/31/18 | Sold | -- | -- | -- |
| 07/28/2018 07/28/18 | Pending | -- | -- | -- |
| 07/23/2018 07/23/18 | For Sale | $700,000 | +25.0% | $167 / Sq Ft |
| 02/19/2016 02/19/16 | Sold | -- | -- | -- |
| 01/31/2016 01/31/16 | Pending | -- | -- | -- |
| 11/11/2015 11/11/15 | For Sale | $560,000 | -- | $134 / 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 |
|---|---|---|---|---|
| 2023 | $20,380 | $1,126,408 | $480,000 | $646,408 |
| 2022 | $20,786 | $1,052,519 | $480,000 | $572,519 |
| 2021 | $17,197 | $790,048 | $240,000 | $550,048 |
| 2020 | $12,530 | $584,179 | $240,000 | $344,179 |
| 2018 | $13,680 | $617,875 | $230,000 | $387,875 |
| 2017 | $11,522 | $516,669 | $50,000 | $466,669 |
| 2016 | $8,680 | $389,216 | $67,500 | $373,738 |
| 2015 | $6,597 | $366,862 | $67,500 | $359,684 |
| 2014 | $6,597 | $291,920 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Kevin Bown
Twelve Rivers Realty
(512) 658-2419
1 in this area
79 Total Sales
-
S
Seller's Agent in 2016
Steve Zalenski
Texas Signature Realty
(512) 280-0033
1 Total Sale
-
N
Buyer's Agent in 2016
Nicholas Yarnall
Nicholas Yarnall, Broker
(512) 387-7186
2 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 6545756
APN: 510835
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