NOT LISTED FOR SALE

5503 Duval St Unit A&B Austin, TX 78751

North Loop Neighborhood

Estimated Value: $650,000 - $1,375,000

-- Bed
1 Bath
3,682 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 10, 2012

Current estimated payment $7,737/month

37 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • No HOA
  • Reilly Elementary School Rated 9+
  • 1 Fireplace
  • Home Office

About This Home

As of May 2012

Cap rate is 11.5% on the rare investment opportunity in popular North Campus/Hyde Park area. Both units leased and pre-leased through July 2013. Total rent amount starting August 2012 is $4650. Newer construction includes tile flooring, gas cooking, ceiling fans, all appliances, fenced yards, window treatments etc. Easy to lease units have been 100% occupied since 2003 construction. FEMA - Unknown Restrictions: Unknown

Last Agent to Sell the Property

Kathryn McCurley

eXp Realty, LLC License #0593579 Listed on: 02/28/2012

eXp Realty, LLC

Last Buyer's Agent

Jeff Lowther

Austin Property Investments License #0425458

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,866

Year Built

  • Built in 2003

Lot Details

  • 6,229 Sq Ft Lot
  • Wood Fence
  • Wooded Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,682 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Home Office
  • Smart Thermostat

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in multiple locations
  • Dryer

Parking

  • 3 Covered Spaces
  • Alley Access

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Reilly Elementary School
  • Lamar Middle School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • No Utilities
  • Separate Water Meter

Community Details

  • No Home Owners Association
  • 2 Units
  • Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02251004080000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,866

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 3682.00
  • Restrictions: None
  • Unit Mix: 2/2, See Remarks
  • Year Built: 2003
  • Directions: North on Duval thru stop sign at 55th, 2nd property on right, alley access to B unit
  • Disclosures: Familial Relation, Other Disclosures, Rental Records Available, Seller Disclosure, Seller Provided Survey Available
  • Estimated Taxes: 11604.61
  • Fencing: Wood
  • Fireplaces: 1
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3682.00
  • New Loan Amount: 417000
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: No Interior Steps, Open Floorplan, Pantry, Smart Thermostat
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Tile
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Oven, Free-Standing Range, Refrigerator
  • Property Condition: Resale
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Balcony, Exterior Steps
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered, Porch
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: None

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Reilly
  • Middle School: Lamar (Austin ISD)
  • Elementary School: Reilly
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Alley Access, Trees-Moderate
  • Parcel Number: 02251004080000
  • Lot Size Acres: 0.1430
  • Lot Size Sq Ft: 6229.08
  • Subdivision Name: Highlands

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 4450.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 3682
  • Tax Rate: 2.31690000000000
  • Tax Year: 2011
  • Tax Annual Amount: 10866.26
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Mehra Anmol
Bought by
Ausbos Capital Llc-Series 5503 Duval and Ausbos Capital Llc
Current Estimated Value
$1,114,803

Purchase Details

Listed on
Feb 28, 2012
Closed on
May 8, 2012
Sold by
Lee Rita C
Bought by
Mehra Anmol
Seller's Agent
Kathryn McCurley
eXp Realty, LLC
Buyer's Agent
Jeff Lowther
Austin Property Investments
List Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$417,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Lee Robert N and Lee Emily G
Bought by
Lee Family Trust

Purchase Details

Closed on
Mar 5, 2004
Sold by
Lee Robert N
Bought by
Lee Emily G and Lee Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 13, 2004
Sold by
Lee Emily G
Bought by
Lee Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 23, 2003
Sold by
Lee Emily and Lee Emily G
Bought by
Lee Robert N and Lee Emily G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Varela Servando C and Varela Mary Louise
Bought by
Lee Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Ausbos Capital Llc-Series 5503 Duval -- None Listed On Document
Mehra Anmol -- Nat
Lee Family Trust -- North American Title
Lee Emily G -- --
Lee Robert N -- North American Title
Lee Robert N -- North American Title
Lee Emily -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehra Anmol $417,000
Previous Owner Lee Robert N $392,000
Previous Owner Lee Robert N $367,500
Previous Owner Lee Emily $80,000
Closed Lee Emily G $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold -- -- --
04/05/2012 04/05/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $650,000 -- $177 / 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 $22,129 $1,101,215 $404,431 $696,784
2023 $22,354 $1,235,533 $450,000 $785,533
2022 $25,192 $1,275,570 $450,000 $825,570
2021 $20,343 $934,600 $275,000 $659,600
2020 $16,524 $770,400 $275,000 $495,400
2018 $15,077 $681,000 $275,000 $406,000
2017 $13,477 $604,300 $240,000 $364,300
2016 $13,464 $603,746 $270,000 $333,746
2015 $11,986 $583,511 $225,000 $358,511
2014 $11,986 $503,663 $225,000 $278,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9289669

Unlock MLS (Austin Board of REALTORS®)

APN: 225268