NOT LISTED FOR SALE

Estimated Value: $578,000 - $616,000

-- Bed
-- Bath
3,228 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 28, 2022

Current estimated payment $4,298/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • No HOA
  • View of Trees or Woods
  • Granite Countertops
  • Balcony

About This Home

As of March 2022

***Multiple offers received. Please submit highest and best by Wednesday, February 16th 2022, at 5 pm.

*Landlord Special* for those looking to expand their residential portfolio with a cash-flowing quadruplex 1 mile away from Texas State University! Roof and HVAC systems are only 2 years old. Each unit has their own gas and electricity meter.

3 out of 4 units are leased, 4th unit is currently undergoing a renovation (new flooring, paint, light fixtures & ceiling fans, kitchen cabinetry and appliances, sinks). Renovated unit has a rental market rate of $1,195; similar renovation of other 3 units will warrant similar rents.
Blocks away from the historic Heritage neighborhood, and a 5 minute drive to Texas State University and downtown San Marcos.

Professional photos to come soon.

Last Agent to Sell the Property

Rob Munoz

Kay Zazy, Broker License #0663433 Listed on: 02/14/2022

Kay Zazy, Broker

Last Buyer's Agent

Warren Kull

Coldwell Banker Realty License #0533468

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,402

Year Built

  • Built in 1988

Lot Details

  • 9,017 Sq Ft Lot
  • Lot Dimensions are 73' x 123'
  • Cul-De-Sac
  • Southwest Facing Home
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vertical Siding
  • Stone Veneer

Interior Spaces

  • 3,228 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Vinyl Clad Windows
  • Blinds
  • Living Room with Fireplace
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Parking

  • Driveway
  • Paved Parking
  • Open Parking
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Washer and Dryer
  • Customized Wheelchair Accessible
  • Walker Accessible Stairs
  • Visitable

Outdoor Features

  • Balcony
  • Rain Gutters

Schools

  • Crockett Elementary School
  • Miller Middle School
  • San Marcos High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Natural Gas Connected
  • Separate Water Meter
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 1107500000026003
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Bracewood Sub Subdivision

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,402

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1988
  • Direction Faces: SW
  • Directions: Head South on IH-35, take exit 202 and turn right on Wonder World Dr., right on Hunter Rd. (becomes Hopkins St.), left on North Bishop, right on Prospect St, left on Bracewood Circle.
  • Disclosures: None
  • Estimated Taxes: 6999.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3228.00
  • Other Equipment: Dryer Connections, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Seller
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Counter-Granite, Electric Dryer Hookup, Gas Dryer Hookup, Open Floorplan, Pantry, Recessed Lighting, Washer Hookup
  • Laundry Location: In Unit, Laundry Closet
  • View: Trees/Woods
  • Flooring: Carpet, Tile, Vinyl
  • Fireplace Features: Gas, Living Room, Stone
  • Accessibility Features: Customized Wheelchair Accessible, Accessible Stairway, Visitable, Accessible Washer/Dryer
  • Appliances: Dishwasher, Microwave, Free-Standing Gas Range, RNGHD, Refrigerator, Water Heater-Gas
  • Property Condition: Resale
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Vinyl Windows

Exterior Features

  • Exterior Features: Balcony, Gutters Full
  • Roof: Shingle
  • Foundation: Slab
  • Patio And Porch Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Asphalt, Off Street, Open, Parking Lot, Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Central, Fireplace(s)
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: High Speed Internet

Schools

  • School District: San Marcos ISD
  • School District: San Marcos ISD
  • Elementary School: Crockett
  • Middle School: Miller
  • High School: San Marcos
  • Elementary School: Crockett
  • High School: San Marcos
  • Middle/Junior School: Miller

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size: 73' x 123'
  • Special Assessment: No
  • Parcel Number: 1107500000026003
  • Lot Size Acres: 0.2070
  • Lot Size Sq Ft: 9016.92
  • Subdivision Name: Bracewood Sub

Rental Info

  • Total Actual Rent: 3880.00
  • Pets Allowed: Cats OK, Dogs OK, Breed Restrictions

Building Info

  • Construction Materials: Vertical Siding, Stone Veneer
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 3228
  • Tax Lot: 26
  • Tax Rate: 2.16048000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 28, 2022
Sold by
Dennett Drew
Bought by
Bernitz Gary
Seller's Agent
Rob Munoz
Kay Zazy, Broker
Buyer's Agent
Warren Kull
Coldwell Banker Realty
List Price
$550,000
Current Estimated Value
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$435,000
Outstanding Balance
$407,881
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$191,119

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 16, 2022
Sold by
Veronica Melcic
Bought by
Dennett Drew
Seller's Agent
Rob Munoz
Kay Zazy, Broker
Buyer's Agent
Warren Kull
Coldwell Banker Realty
List Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$407,881
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$191,119

Purchase Details

Closed on
Oct 22, 2019
Sold by
Melcic Brian S
Bought by
Melcic Brian and Melcic Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2006
Sold by
Wyoming Thomas R and Wyoming Jeanie Y
Bought by
Melcic Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Pinteric Robert J and Pinteric Stephanie D
Bought by
Wyoming Thomas R and Wyoming Jeanie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,650
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Bernitz Gary -- Austin Title Company
Dennett Drew -- Austin Title Company
Melcic Brian -- Prominent Title
Melcic Brian S -- Independence Title Company
Wyoming Thomas R -- San Marcos Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernitz Gary $435,000
Previous Owner Melcic Brian $256,000
Previous Owner Melcic Brian S $141,500
Previous Owner Webb Kelly D $15,255
Previous Owner Webb Kelly D $15,400
Previous Owner Wyoming Thomas R $148,650
Previous Owner Pinteric Robert J $108,500
Closed Dennett Drew $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold -- -- --
02/19/2022 02/19/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $550,000 -- $170 / 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 $12,402 $470,382 $82,890 $387,492
2024 $12,402 $630,097 $82,890 $547,207
2023 $11,580 $608,849 $82,890 $525,959
2022 $9,491 $463,155 $70,250 $392,905
2021 $7,140 $323,940 $54,040 $269,900
2020 $7,255 $329,174 $54,040 $275,134
2019 $8,175 $332,076 $36,020 $296,056
2018 $5,222 $211,180 $36,020 $175,160
2017 $5,077 $211,180 $36,020 $175,160
2016 $4,359 $181,300 $18,010 $163,290
2015 $4,375 $181,300 $18,010 $163,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 4979680

Unlock MLS (Austin Board of REALTORS®)

APN: R21933