NOT LISTED FOR SALE

Estimated Value: $396,000 - $538,000

Studio
2 Baths
1,545 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 15, 2019

Current estimated payment $3,407/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • Cul-De-Sac
  • Porch
  • No HOA
  • Skylights
  • Tile Flooring

About This Home

As of October 2019

Well maintained duplex with long term tenants, proven cash flow, increasing rents and professional management in place. Neighborhood is quickly gentrifying and long term the land will be more valuable than the cash flow. Interior tours with accepted offers. You may drive by but do not disturb tenants.FEMA - Unknown

Last Agent to Sell the Property

Gregory Cooper

eXp Realty, LLC License #0535268 Listed on: 08/30/2019

eXp Realty, LLC

Last Buyer's Agent

Zhiyu Li

JNJ REAL ESTATE INVESTMENT LLC License #0692270

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,946

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 61 x 131
  • Cul-De-Sac
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Window Treatments
  • Family Room
  • Fire and Smoke Detector
  • Laundry in multiple locations

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Porch

Schools

  • Harris Elementary School
  • Bertha Sadler Means Middle School
  • Northeast Early College High School

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Royal Oak Estates Sec 3A Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02211901320000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,946

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1545.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1982
  • Directions: 1-35, East on 51st, Left on Manor, Left on Wheeless, Left on Harwill
  • Disclosures: Familial Relation, Seller Provided Survey Available
  • Estimated Taxes: 6946.00
  • Fencing: Chain Link, Fenced, Wood
  • Fireplaces: 2
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1545.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Wired for Data
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Laminate, Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Range, Refrigerator
  • Property Condition: Resale, See Remarks
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Skylight, Window Treatments

Exterior Features

  • Exterior Features: None
  • 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, Internet-Cable
  • Heating: Central, Electric
  • Meter Description: Electric Separate, Water Common
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Harris
  • High School: Northeast Early College
  • Middle/Junior School: Bertha Sadler Means

Lot Info

  • Lot Features: Cul-De-Sac, Level
  • Lot Size: 61 x 131
  • Parcel Number: 02211901320000
  • Subdivision Name: Royal Oak Estates Sec 3a

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2050.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1545
  • Tax Rate: 2.19650000000000
  • Tax Year: 2019
  • Tax Annual Amount: 6946.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Zheng Jing and Yin Min
Bought by
Zheng Jing
Current Estimated Value
$490,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$205,624
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$284,694

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 14, 2019
Sold by
Cooper Teresa and Cooper Gregory
Bought by
Zheng Jing and Yin Min
Seller's Agent
Gregory Cooper
eXp Realty, LLC
Buyer's Agent
Zhiyu Li
JNJ REAL ESTATE INVESTMENT LLC
List Price
$299,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$224,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Salmon James A and Salmon Martha H
Bought by
Cooper Gregory and Cooper Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.56%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 6, 1997
Sold by
Ikard David G and Shelton William A
Bought by
Spelce Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
7.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zheng Jing -- Capital Title Of Texas
Zheng Jing -- Chicago Title
Cooper Gregory -- Alamo Title Company
Spelce Sheila A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Jing $225,000
Closed Zheng Jing $224,500
Previous Owner Cooper Gregory $109,600
Previous Owner Spelce Sheila A $46,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold -- -- --
09/06/2019 09/06/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $299,500 -- $194 / 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 $10,318 $461,326 $255,728 $205,598
2023 $10,234 $565,671 $350,000 $215,671
2022 $10,372 $525,169 $350,000 $175,169
2021 $6,811 $312,889 $200,000 $112,889
2020 $6,638 $309,500 $200,000 $109,500
2018 $5,698 $257,348 $200,000 $57,348
2017 $4,773 $214,011 $175,000 $39,011
2016 $5,090 $228,226 $175,000 $53,226
2015 $2,858 $127,857 $49,500 $78,357
2014 $2,858 $120,085 $49,500 $70,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3388911

Unlock MLS (Austin Board of REALTORS®)

APN: 218868