NOT LISTED FOR SALE

Estimated Value: $320,175 - $483,000

-- Bed
2 Baths
1,653 Sq Ft
$243/Sq Ft Est. Value

Last Sold May 04, 2012

Current estimated payment $2,840/month

125 Days on Market

Highlights

  • No HOA
  • Solar Screens
  • Living Room
  • Porch
  • Patio
  • Storage

About This Home

As of May 2012

This is a great investment property with good cash flow. Cap rate over 12% ! Total rents of $1500/month. The units have been recently updated . Do Not Disturb the Tenants! Apointment with Agent.. TCAD square footage is wrong. The square footage is approximately 200 SF larger. Lifetime transferable warranty on the foundation!Restrictions: Unknown

Last Agent to Sell the Property

Stacy Bass

Compass RE Texas, LLC License #0602496 Listed on: 12/02/2011

Compass RE Texas, LLC

Last Buyer's Agent

Rebecca King

City View Realty License #0573967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,129

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 7,231 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property
  • Solar Screens
  • Family Room
  • Living Room
  • Storage
  • Laundry in multiple locations
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Patio
  • Porch

Schools

  • Decker Elementary And Middle School
  • Manor High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • No Utilities
  • Separate Water Meter
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02193308070000
  • 3% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Park Place 01 Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,129

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 1653.00
  • Restrictions: None
  • Unit Mix: 2/1, 3/1
  • Year Built: 1983
  • Directions: from 183 go East on Loyola , Right on Sandshof, Left on Aries - the property is on the left
  • Disclosures: Rental Records Available, Seller Disclosure
  • Estimated Taxes: 3128.74
  • FEMA Flood Plain: No
  • Fencing: Chain Link
  • Guest Accommodation Description: None
  • Levels: One
  • Living Area: 1653.00
  • New Loan Amount: 71633
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Exhaust Fan, Oven, Refrigerator, Water Heater-Electric
  • Property Condition: See Remarks, Updated/Remodeled
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Window Features: Solar Screens

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Manor ISD
  • School District: Manor ISD
  • Elementary School: Decker
  • Middle School: Decker
  • High School: Manor
  • Elementary School: Decker
  • High School: Manor
  • Middle/Junior School: Decker

Lot Info

  • Lot Features: None
  • Parcel Number: 02193308070000
  • Lot Size Acres: 0.1660
  • Lot Size Sq Ft: 7230.96
  • Subdivision Name: Park Place 01

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1500.00
  • Pets Allowed: No

Building Info

  • Building Features: Storage
  • Construction Materials: Masonry – Partial

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 1653
  • Tax Rate: 2.60490000000000
  • Tax Year: 2011
  • Tax Annual Amount: 3128.74
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2011
Closed on
May 4, 2012
Sold by
Hall Glen D
Bought by
King Jeremy and King Rebecca
Seller's Agent
Stacy Bass
Compass RE Texas, LLC
Buyer's Agent
Rebecca King
City View Realty
List Price
$107,000
Current Estimated Value
$401,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$67,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2000
Sold by
Dow Lynn D
Bought by
Hall Glen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1994
Sold by
Mcmichael Thomas C
Bought by
Dow Lynn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
King Jeremy -- None Available
Hall Glen D -- --
Dow Lynn D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald-Homes Xxi Llc $412,500
Closed Macdonald-Homes Xxi Llc $385,000
Closed King Jeremy $67,500
Previous Owner Hall Glen D $68,200
Previous Owner Hall Glen D $65,700
Previous Owner Dow Lynn D $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2012 05/04/12 Sold -- -- --
04/05/2012 04/05/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $107,000 -- $65 / 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 $7,814 $351,297 $77,790 $273,507
2023 $7,814 $438,865 $75,000 $363,865
2022 $9,773 $419,373 $75,000 $344,373
2021 $5,141 $208,400 $35,000 $173,400
2020 $5,459 $219,000 $35,000 $184,000
2018 $2,526 $99,564 $35,000 $64,564
2017 $2,592 $101,538 $15,000 $86,538
2016 $2,592 $101,538 $15,000 $86,538
2015 $2,714 $101,538 $15,000 $86,538
2014 $2,714 $115,087 $15,000 $100,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7119064

Unlock MLS (Austin Board of REALTORS®)

APN: 377381