NOT LISTED FOR SALE

Estimated Value: $1,200,000

1.74 Acres
$691,244 Price per Acre
75,620 Sq Ft Lot

Last Sold February 15, 2017

Current estimated payment $8,282/month

240 Days on Market

About This Lot

As of February 2017

Location, Location, Location!!! Prime Retail Development. Priced below the 2016 Travis County Tax Value! This property is zoned LR & sits on the South side of the W Hwy 290/71 Intersection. This location has prime visibility w/ over 50,000 cars a day driving by this site coming or going to/from SW Austin, Bee Caves, Lakeway & Dripping Springs. This is one of the last undeveloped lots in the area. Priced for a quick cash close.Restrictions: Yes

Last Agent to Sell the Property

Meador Hall

Meador Realtors License #0616685 Listed on: 04/19/2016

Last Buyer's Agent

Meador Hall

Meador Realtors License #0616685 Listed on: 04/19/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,240

Lot Details

  • 1.74 Acre Lot
  • Zoning described as LR

Parking

  • 99 Parking Spaces
  • 99 Covered Spaces

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 04083803040000
  • 2% Total Tax Rate

Community Details

Overview

  • Association Phone (512) 722-6112
  • Wedgewood Comm Sec 01 Subdivision
  • Property managed by GH ARC Management, LLC

Amenities

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$7,240

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Site Planned
  • Restrictions: City Restrictions
  • Acquisition Inclusion: Land & Improvements
  • Current Use: Retail
  • Directions: Property is located on the South side of the W Hwy 290/71 Intersection. The East bound side of the highway fronts the location.
  • Disclosures: Owner/Agent
  • Estimated Taxes: 7240.00
  • ETJ Extra Territorial Jurdn: No
  • Existing Lease Type: Fixed
  • FEMA Flood Plain: No
  • Guest Accommodation Description: None
  • Operating Expense Includes: Electric, Insurance, Maintenance Grounds
  • Property Panorama: No
  • Road Surface Type: PVD
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Laundry Location: None
  • Management Company: GH ARC Management, LLC
  • Accessibility Features: None
  • Property Condition: See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 99.00
  • Parking Features: None
  • Parking Ratio: 12.00
  • Total Parking Spaces: 99.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Heating: None
  • Water Source: Public
  • Cooling: None

Condo/Co-op/Association

  • Management Co Rep: R. Meador Hall

Association/Amenities

  • Community Features: None

Lot Info

  • Endangered Species: No
  • Lot Features: None
  • Parcel Number: 04083803040000
  • Lot Size Acres: 1.7360
  • Lot Size Sq Ft: 75620.16
  • Subdivision Name: Wedgewood Comm Sec 01
  • Zoning Description: LR

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None

Multi Family

  • Management Co Phone: (512) 722-6112

Tax Info

  • Tax Rate: 2.29608000000000
  • Tax Year: 2016
  • Tax Annual Amount: 7240.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2016
Sold by
Gh Arc Commercial Llc
Bought by
Tbb Development Oak Hill Lp
Current Estimated Value
$1,200,000
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
Tbb Development Oak Hill Lp -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tbb Development Oak Hill Lp $6,675,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold -- -- --
12/15/2016 12/15/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $595,000 -- --
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 $20,924 $1,055,793 $1,055,793 --
2023 $20,924 $1,055,793 $1,055,793 $0
2022 $16,681 $844,634 $844,634 $0
2021 $14,867 $683,000 $683,000 $0
2020 $14,649 $683,000 $683,000 $0
2018 $13,298 $600,629 $600,629 $0
2017 $13,395 $600,629 $600,629 $0
2016 $13,395 $600,629 $600,629 $0
2015 $7,504 $315,305 $315,305 $0
2014 $7,504 $315,305 $315,305 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8607231

Unlock MLS (Austin Board of REALTORS®)

APN: 311856