NOT LISTED FOR SALE

5813 Spring Meadow Rd Austin, TX 78744

McKinney Neighborhood

Estimated Value: $463,549 - $505,000

-- Bed
4 Baths
1,914 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 28, 2022

Current estimated payment $3,434/month

16 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Walk-In Closet
  • 0.34 Acre Lot
  • 2 Car Attached Garage
  • Living Room

About This Home

As of April 2022

Incredible investor or owner/operator opportunity to own an updated duplex just minutes to downtown. This move-in ready duplex has undergone numerous updates including vinyl plank flooring, paint throughout, and modernized kitchens with stainless appliances. Both units are 3bd/2ba, an ideal unit mix for capturing maximum rents, which are around 1700-1800/mo per unit. The logical floorplans offer plenty of living arrangement options along with great natural lighting throughout. There are full-size utility rooms for both units. The lot is massive at over 1/3 of an acre and has spacious & fully fenced backyards that offer tons of room to relax or play. Premium location is less than 7 miles from downtown, minutes to the airport, a 10 minute drive to St Elmo District, and right next to McKinney Falls State Park with camping, a waterfall, and hiking trails along Onion Creek. The building is pre-inspected.

Last Agent to Sell the Property

Yusuf Johnson

eXp Realty, LLC License #0563473 Listed on: 03/10/2022

eXp Realty, LLC

Last Buyer's Agent

Hansraj Dudam

Ramendu Realty LLC License #0767014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,676

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Northeast Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 1,914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Entrance Foyer
  • Living Room
  • Laminate Flooring
  • Laundry in unit

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Smith Elementary School
  • Ojeda Middle School
  • Del Valle High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Underground Utilities
  • Separate Water Meter
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 40 / K
  • Assessor Parcel Number 03220601250000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,676

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 3/2
  • Year Built: 1985
  • Direction Faces: NE
  • Directions: From 35, take Stassney Ln east. Let onto Nuckols Crossing, right on Spring Meadow. Property will be at the end of the street on your right.
  • Disclosures: None
  • Estimated Taxes: 7676.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Chain Link, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1914.00
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Counter-Laminate, Entrance Foyer, High Speed Internet, Recessed Lighting, Walk-In Closet(s)
  • Laundry Location: In Unit
  • View: None
  • Flooring: Laminate
  • Accessibility Features: Accessible Bedroom, Accessible Full Bath
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range
  • Property Condition: Resale
  • Security Features: None
  • Window Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Underground Utilities, Water Connected
  • Heating: Central, Electric
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Del Valle ISD
  • School District: Del Valle ISD
  • Elementary School: Smith
  • Middle School: Ojeda
  • High School: Del Valle
  • Elementary School: Smith
  • High School: Del Valle
  • Middle/Junior School: Ojeda

Lot Info

  • Lot Features: Curbs, Public Maintained Road
  • Parcel Number: 03220601250000
  • Lot Size Acres: 0.3350
  • Lot Size Sq Ft: 14592.60
  • Subdivision Name: Williamson Creek Sec 01-A

Building Info

  • Construction Materials: Brick
  • New Construction: No

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Block: K
  • Tax Filled Sqft Total: 1914
  • Tax Lot: 40
  • Tax Rate: 2.31698000000000
  • Tax Year: 2021
  • Tax Annual Amount: 7676.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Mohan Murugesan and Mohan Santhi
Bought by
Muru And Santhi Family Trust
Current Estimated Value
$495,238

Purchase Details

Closed on
Jun 11, 2015
Sold by
Harp Seth
Bought by
5813 Spring Meadow Llc

Purchase Details

Listed on
Jan 23, 2015
Closed on
Feb 24, 2015
Sold by
Woodbury Nilay
Bought by
Harp Seth
Seller's Agent
Shawn Culhane
WSI Realty
Buyer's Agent
Yusuf Johnson
eXp Realty, LLC
List Price
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Nov 2, 2005
Sold by
Quintero Alfredo and Quintero Nelida
Bought by
Woodbury Nilay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
5.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 27, 2005
Sold by
The Michelle S Margoles 1995 Trust
Bought by
Quintero Alfredo and Quintero Nelida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
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
$107,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2001
Sold by
Anderson Rick
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
$108,000
Interest Rate
7.18%

Purchase Details

Closed on
Jan 12, 1996
Sold by
The R & V Anderson Group Inc
Bought by
Anderson Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,800
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
Muru And Santhi Family Trust -- None Listed On Document
5813 Spring Meadow Llc -- None Available
Harp Seth -- Austin Title Co
Woodbury Nilay -- Alamo Title Company
Quintero Alfredo -- --
The Michelle S Margoles 1995 Trust -- --
Margoles Michelle S -- --
Anderson Rick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodbury Nilay $21,000
Previous Owner Woodbury Nilay $112,000
Previous Owner Quintero Alfredo $107,200
Previous Owner Margoles Michelle S $108,000
Previous Owner Anderson Rick $56,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold -- -- --
03/26/2022 03/26/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $549,900 +261.8% $287 / Sq Ft
03/03/2015 03/03/15 Sold -- -- --
01/26/2015 01/26/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $152,000 -- $79 / 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 $8,671 $357,079 $131,552 $225,527
2023 $9,221 $472,254 $144,000 $328,254
2022 $10,381 $479,951 $144,000 $335,951
2021 $7,676 $331,293 $72,000 $259,293
2020 $5,839 $250,302 $72,000 $178,302
2018 $5,810 $234,093 $72,000 $162,093
2017 $5,539 $216,525 $50,000 $166,525
2016 $4,285 $167,485 $23,000 $144,485
2015 $3,145 $128,319 $20,000 $108,319
2014 $3,145 $119,679 $20,000 $99,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9109380

Unlock MLS (Austin Board of REALTORS®)

APN: 295194