NOT LISTED FOR SALE

5507 Spring Meadow Rd Austin, TX 78744

McKinney Neighborhood

Estimated Value: $346,967 - $400,000

-- Bed
2 Baths
1,664 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 06, 2015

Current estimated payment $2,622/month

5 Days on Market

Highlights

  • 0.2 Acre Lot
  • No HOA
  • Interior Lot
  • Wooded Lot
  • Porch
  • Living Room

About This Home

As of January 2015

Multiple Offers Received. Offer deadline 5pm November 11th. Amazing cash flow opportunity. $1550 in monthly rent. 2 bedrooms and 1 jack-and-jill bath. Large lot and carport. Great neighborhood with mix of single family and duplex. Lifetime foundation warranty.FEMA - Unknown

Last Agent to Sell the Property

Scott Sutherland

RealtyStake LLC License #0599646 Listed on: 11/07/2014

Co-Listed By

Sally Meuth Sutherland

RealtyStake LLC License #0639493

Last Buyer's Agent

Zahid Maniya

Central Metro Realty License #0434104

Central Metro Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 1984

Lot Details

  • 8,625 Sq Ft Lot
  • Privacy Fence
  • Interior Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Oven
  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in multiple locations
  • Gas Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Smith Elementary School
  • Del Valle High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Williamson Creek Sec 01 A Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 03200605410000
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,988

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1664.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1984
  • Directions: From I-35, East on Stassney, Left on Nuckols Crossing Rd, Right on Spring Meadow, Duplex on the Right
  • Estimated Taxes: 2987.81
  • Fencing: Privacy
  • Guest Accommodation Description: None
  • Levels: Two
  • Living Area: 1664.00
  • New Loan Amount: 111600
  • Other Equipment: Electric Dryer Hookup, Gas Dryer Hookup
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Carpet, Laminate
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Oven, Free-Standing Range, Refrigerator, Water Heater-Gas
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Del Valle ISD
  • School District: Del Valle ISD
  • Elementary School: Smith
  • High School: Del Valle
  • Elementary School: Smith
  • High School: Del Valle

Lot Info

  • Lot Features: Interior Lot, Trees-Moderate
  • Parcel Number: 03200605410000
  • Lot Size Acres: 0.1980
  • Lot Size Sq Ft: 8624.88
  • Subdivision Name: Williamson Creek Sec 01-A

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1550.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial, Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1664
  • Tax Rate: 2.62780000000000
  • Tax Year: 2014
  • Tax Annual Amount: 2987.81
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 5, 2015
Sold by
Arnold Barton L and Arnold Kelly
Bought by
Khan Faraz Kishwar and Khan Zuhair Muzaffar
Seller's Agent
Scott Sutherland
RealtyStake LLC
Buyer's Agent
Zahid Maniya
Central Metro Realty
List Price
$139,500
Current Estimated Value
$373,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$111,600
Outstanding Balance
$40,062
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,994

Purchase Details

Listed on
Jul 11, 2012
Closed on
Dec 31, 2012
Sold by
Capital City Relocation Llc
Bought by
Arnold Barton L
Seller's Agent
Sean Murphy
Co Op Realty
Buyer's Agent
Scott Sutherland
RealtyStake LLC
List Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.16%
Original Mortgage
$73,425
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2011
Sold by
Goodwin Michelle
Bought by
Capital City Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2001
Sold by
Margoles Michelle S
Bought by
The Michelle S Margoles 1995 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.81%

Purchase Details

Closed on
Apr 26, 2001
Sold by
The Michelle S Margoles 1995 Trust
Bought by
Margoles Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.81%

Purchase Details

Closed on
Jan 4, 1996
Sold by
The R & V Anderson Group Inc
Bought by
Margoles Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
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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
Khan Faraz Kishwar -- Austin Title Co
Arnold Barton L -- None Available
Capital City Relocation Llc $43,370 None Available
The Michelle S Margoles 1995 Trust -- --
Margoles Michelle S -- --
Margoles Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Faraz Kishwar $111,600
Previous Owner Arnold Barton L $73,425
Previous Owner Capital City Relocation Llc $50,000
Previous Owner Goodwin Michelle $92,000
Previous Owner Margoles Michelle S $89,600
Previous Owner Margoles Michelle $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2015 01/06/15 Sold -- -- --
11/12/2014 11/12/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $139,500 +20566.7% $84 / Sq Ft
12/31/2012 12/31/12 Sold -- -- --
10/17/2012 10/17/12 Pending -- -- --
08/01/2012 08/01/12 Rented $675 -2.9% --
07/16/2012 07/16/12 Under Contract -- -- --
07/11/2012 07/11/12 For Rent $695 0.0% --
07/11/2012 07/11/12 For Sale $110,000 -- $66 / 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 $7,581 $322,985 $125,337 $197,648
2023 $6,983 $357,624 $120,000 $237,624
2022 $7,621 $352,366 $120,000 $232,366
2021 $6,339 $273,600 $60,000 $213,600
2020 $4,549 $195,015 $60,000 $135,015
2018 $4,506 $181,529 $60,000 $121,529
2017 $4,875 $190,559 $50,000 $140,559
2016 $3,569 $139,500 $20,000 $119,500
2015 $2,988 $121,420 $20,000 $101,420
2014 $2,988 $113,700 $20,000 $93,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3638371

Unlock MLS (Austin Board of REALTORS®)

APN: 294146