A
Seller's Agent in 2018
Adrienne Laosa
Treaty Oak Property Management
(512) 504-7414
6904 Millrace Dr Austin, TX 78724
LBJ NeighborhoodEstimated Value: $433,338 - $434,000
--
Bed
3
Baths
1,905
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- 2 Fireplaces
- Tile Flooring
- Laundry in multiple locations
- No HOA
- 1-Story Property
- Central Heating and Cooling System
About This Home
As of May 2018Rare opportunity to acquire eight contiguous units in rapidly gentrifying East Austin for under $125,000 per unit (6904, 6908, 7002, 7004 Millrace Dr). We've beautified the exteriors, as well as recently vacated units to give you a sense of what the potential is for these properties. Rents should be raised significantly as tenants move out. MUST BE SOLD AS A PACKAGE. Serious investors only, please; preference for cash or commercial-loan purchasers.
Last Agent to Sell the Property
Treaty Oak Property Management License #0616163 Listed on: 04/18/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,168
Year Built
- Built in 1980
Lot Details
- 8,799 Sq Ft Lot
- Wood Fence
Parking
- 2 Covered Spaces
Home Design
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1,905 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- 2 Fireplaces
- Family Room
- Laundry in multiple locations
Kitchen
- Free-Standing Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Schools
- Jordan Elementary School
- Garcia Middle School
- Lyndon B Johnson High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Separate Water Meter
Community Details
- No Home Owners Association
- 2 Units
- Las Cimas Sec 01 Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Legal Lot and Block 8 / 1
- Assessor Parcel Number 02212902110000
- 2% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2018
Sold by
Pham Tony
Bought by
Tp Millrace 6904 Llc
Current Estimated Value
Purchase Details
Listed on
Apr 18, 2018
Closed on
May 30, 2018
Sold by
Kensington Peavy Llc
Bought by
Pham Tony Renben
Seller's Agent
Adrienne Laosa
Treaty Oak Property Management
Buyer's Agent
Rex Sjariffudin
Master Key Real Estate
List Price
$249,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Purchase Details
Closed on
Feb 26, 2018
Sold by
Sesto John
Bought by
Kensington Peavy Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.04%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 13, 2006
Sold by
Trutt Joshua
Bought by
Sesto John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 28, 2004
Sold by
Mathison Robert A and Mathison Nanci B
Bought by
Trutt Joshua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 19, 1997
Sold by
Drake L Kenneth and Drake Carmen
Bought by
Mathison Robert A and Mathison Nanci B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tp Millrace 6904 Llc | -- | None Available | |
| Pham Tony Renben | -- | Independence Title | |
| Kensington Peavy Llc | -- | Independence Title | |
| Sesto John | -- | None Available | |
| Trutt Joshua | -- | -- | |
| Mathison Robert A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kensington Peavy Llc | $210,000 | |
| Previous Owner | Sesto John | $102,800 | |
| Previous Owner | Trutt Joshua | $103,500 | |
| Previous Owner | Mathison Robert A | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2018 05/30/18 | Sold | -- | -- | -- |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- |
| 04/18/2018 04/18/18 | For Sale | $249,900 | -- | $131 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $8,768 | $408,530 | $103,470 | $305,060 |
| 2023 | $8,768 | $442,981 | $100,000 | $342,981 |
| 2022 | $7,663 | $388,029 | $100,000 | $288,029 |
| 2021 | $6,507 | $298,938 | $50,000 | $248,938 |
| 2020 | $4,365 | $203,500 | $50,000 | $153,500 |
| 2018 | $4,434 | $200,255 | $50,000 | $150,255 |
| 2017 | $3,191 | $143,088 | $50,000 | $93,088 |
| 2016 | $2,966 | $132,982 | $25,000 | $107,982 |
| 2015 | $1,899 | $132,408 | $25,000 | $107,408 |
| 2014 | $1,899 | $79,778 | $25,000 | $54,778 |
Source: Public Records
Agents Affiliated with this Home
-
Adrienne Laosa
-
Rex Sjariffudin
R
Buyer's Agent in 2018
Rex Sjariffudin
Master Key Real Estate
(512) 963-5714
4 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8241108
APN: 219459
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