NOT LISTED FOR SALE

Estimated Value: $517,065

Studio
1 Bath
1,322 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 14, 2022

Current estimated payment $3,261/month

70 Days on Market

Highlights

  • Additional Residence on Property
  • Outdoor Living Area
  • Computer Room
  • View of Trees or Woods

About This Home

As of January 2022

Build 6 townhomes or 35 apartments! Rare “small-scale big upside” development opportunity on East Riverside Drive in booming Montopolis (watch the 8-minute FAQ video - https://youtu.be/OGtPwLfHSZQ). Value is in the land, but the existing dwelling has been extensively remodeled & is an ideal office or residential rental for cash flow during the planning phase. • Great high-demand location for professionals and young families to fill your new development! Southeast Austin location has easy access to highways (290 & 183) for a quick commute to work (Oracle and Tesla are nearby), shopping & entertainment. • There are endless options of restaurants, bars, cafes, live music, and shopping that are growing and adding more character and desirability to the neighborhood. Just minutes away from the downtown action, the SoCo charm, and the serenity of Lady Bird Lake. Staying fit has never been easier and fun, with Equinox, Orange Theory, [solidcore], Soul Cycle, walking trails, and kayak/paddleboard rentals just a short car/bike ride away. • And if that was not enough, the airport is only 5 minutes away—easy in and out of the city for wanderers and business travelers.

Last Agent to Sell the Property

David Shapiro

eXp Realty, LLC License #0665170 Listed on: 07/27/2021

eXp Realty, LLC

Co-Listed By

Lee Abraham

eXp Realty LLC License #0650482

Last Buyer's Agent

Daunish Uddin

The Property Center, LLC License #0564523

Property Details

Property Type

  • Other

Lot Details

  • 9,496 Sq Ft Lot
  • Zoning described as LR - Neighborhood Commercial

Home Design

  • Concrete Siding

Interior Spaces

  • 1,322 Sq Ft Home
  • Views of Woods
  • Free-Standing Freezer
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Driveway
  • Open Parking
  • Outside Parking

Utilities

  • No Heating
  • Water Not Available

Additional Features

  • Outdoor Living Area
  • Additional Residence on Property

Community Details

  • Montopolis Subdivision
  • Computer Room

Listing and Financial Details

  • Assessor Parcel Number 03101402270000
  • 2% Total Tax Rate

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: See Remarks
  • Building Area Total: 1322.00
  • Restrictions: None
  • Acquisition Inclusion: Land & Improvements
  • Additional Parcels: No
  • Current Use: Residential
  • Directions: East on Riverside. Past Thrasher next to vacant lot with fenced front yard.
  • Disclosures: Seller Disclosure, Seller Provided Survey Available
  • Estimated Taxes: 4402.00
  • ETJ Extra Territorial Jurdn: No
  • Existing Lease Type: None
  • FEMA Flood Plain: No
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Intermediary: Yes
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: Second Residence
  • Road Surface Type: PVD, Sidewalks
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • View: Trees/Woods
  • Accessibility Features: None
  • Property Condition: Resale
  • Security Features: None

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Open, Outside
  • Parking Ratio: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Not Available
  • Heating: None
  • Water Source: Public

Lot Info

  • Parcel Number: 03101402270000
  • Lot Size Acres: 0.2180
  • Lot Size Sq Ft: 9496.08
  • Subdivision Name: Montopolis
  • Zoning Description: LR - Neighborhood Commercial

Building Info

  • Building Features: Clean Room, Computer Room, Cool/Freezer, Kitchen Equipment, Living Area/Building, Washer Dryer Connections
  • Construction Materials: Concrete, Glass
  • New Construction: No
  • Number Of Buildings: 1

Tax Info

  • Tax Rate: 2.19652000000000
  • Tax Year: 2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold -- -- --
10/05/2021 10/05/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $649,500 -- $491 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $42,741 $2,088,521 $142,577 $1,945,944
2023 $2,826 $160,552 $142,577 $17,975
2022 $4,147 $209,987 $142,577 $67,410
2021 $4,303 $197,701 $142,577 $55,124
2020 $4,240 $197,701 $142,577 $55,124
2018 $3,811 $172,154 $90,000 $82,154
2017 $3,721 $166,865 $78,750 $88,115
2016 $2,958 $132,642 $50,000 $82,642
2015 $2,452 $103,046 $50,000 $53,046
2014 $2,452 $103,046 $50,000 $53,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2292841

Unlock MLS (Austin Board of REALTORS®)

APN: 290546