NOT LISTED FOR SALE

6702 Mira Loma Ln Unit A Austin, TX 78723

Windsor Park Neighborhood

Estimated Value: $375,000 - $513,000

-- Bed
2 Baths
1,400 Sq Ft
$317/Sq Ft Est. Value

Last Sold September 27, 2023

Current estimated payment $3,015/month

60 Days on Market

Highlights

  • 0.47 Acre Lot
  • Bamboo Flooring
  • No HOA
  • Wooded Lot
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of September 2023

*Motivated Seller* up to $20K seller credit, ask about details
Fantastic opportunity to own investment properties in the highly sought-after Windsor Park neighborhood! This listing to be sold with the adjacent property: 6702 Mira Loma MLS # 8933537 and 6706 Mira Loma MLS # 6205677. Together, these properties offer incredible potential with two duplexes and a standalone house.

The duplexes feature a variety of unit configurations, including a 2-bedroom, 1-bathroom unit, a 3-bedroom, 1.5-bathroom unit, another 2-bedroom, 1-bathroom unit, and a 3-bedroom, 1-bathroom unit. These units provide versatility and different options for tenants.

Situated on a spacious lot of approximately 1 acre, these properties boast a total of 5 units, offering excellent rental income.
6702 Mira Loma #B has been gutted and awaits a renovation, allowing you to customize it to your preferences and maximize its value.

On the other hand, 6702 Mira Loma #C, 6706 Mira Loma #B, and 6706 Mira Loma #C have already undergone impressive renovations. These units feature updated bamboo flooring, stylish light fixtures, updated windows, a modern backsplash, beautiful granite countertops, custom cabinetry, and updated bathrooms. The renovations create an attractive and comfortable living environment that will appeal to tenants.

Currently, four units are leased, generating a total rental income of $6,325.00, providing an immediate return on investment.

The owner is offering both properties as a package deal and is asking $1.2 million. Please note that the properties will not be sold separately. Broker requires a separate contract for each property, contingent on the other to close.

To ensure accuracy, buyers and their agents need to verify square footage and obtain a new survey.

Don't miss out on this incredible opportunity to own these investment properties in Windsor Park! Contact me today to arrange a viewing.

Last Agent to Sell the Property

Alicia Zehentner

Sky Realty License #0745465 Listed on: 06/29/2023

Sky Realty

Last Buyer's Agent

Mandelyn Schubert

Equilibrium Properties License #0659556

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,900

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • Northeast Facing Home
  • Wood Fence
  • Interior Lot
  • Wooded Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

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

Flooring

  • Bamboo
  • Tile

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Rain Gutters

Schools

  • Harris Elementary School
  • Webb Middle School
  • Northeast Early College High School

Utilities

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

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 02252002280000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Abs 789 Sur 57 Wallace J P Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,900

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: See Remarks
  • Unit Mix: 2/1
  • Year Built: 1960
  • Direction Faces: NE
  • Directions: From downtown Austin take I-35 N. Follow exit 238B to 290 East. Exit Berkman Dr from 290 East. Turn right in .6 miles on Mira Loma Ln. Properties will be on your right in .2 miles. 6702 B & C are on your left, 6706 A & B are the duplex on your right, and 6706 C is the stand alone on the right past the duplex.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 8900.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Wood
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1400.00
  • Other Contingency Types: Inspection
  • Other Equipment: Gas Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Counter-Granite, Gas Dryer Hookup, Primary Bedroom on Main
  • Laundry Location: In Garage
  • View: None
  • Flooring: Bamboo, Tile
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator
  • Property Condition: See Remarks
  • Security Features: None
  • Window Features: None

Exterior Features

  • Exterior Features: Gutters Partial, Private Yard
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Additional Parking, Attached
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • 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: Harris
  • Middle School: Webb
  • High School: Northeast Early College
  • Middle Other: Bertha Sadler Means
  • Elementary School: Harris
  • High School: Northeast Early College
  • Middle/Junior School: Webb

Lot Info

  • Lot Features: Back Yard, Interior Lot, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 02252002280000
  • Lot Size Acres: 0.4708
  • Lot Size Sq Ft: 20508.05
  • Subdivision Name: ABS 789 SUR 57 WALLACE J P

Rental Info

  • Total Actual Rent: 1650.00
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Masonry – Partial
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 1684
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Annual Amount: 8900.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2006
Sold by
Lewis Beverly Ann and Arnold Linda Katherine
Bought by
Floca Frank S
Current Estimated Value
$444,183

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
Outstanding Balance
$64,446
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,737
Source: Public Records

Range of Values:

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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
Floca Frank S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floca Frank S $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold -- -- --
08/28/2023 08/28/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $400,000 0.0% $286 / Sq Ft
07/04/2023 07/04/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $400,000 -- $286 / 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 $7,927 $409,027 $296,726 $112,301
2023 $8,065 $445,757 $345,000 $100,757
2022 $8,900 $450,637 $345,000 $105,637
2021 $6,799 $312,372 $201,250 $111,122
2020 $6,540 $304,900 $201,250 $103,650
2018 $5,867 $265,000 $201,250 $63,750
2017 $4,311 $193,288 $138,000 $55,288
2016 $3,514 $157,587 $80,500 $77,087
2015 $2,841 $157,382 $66,000 $91,382
2014 $2,841 $141,094 $66,000 $75,094
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8933537

Unlock MLS (Austin Board of REALTORS®)

APN: 225818