NOT LISTED FOR SALE

7011 Millrace Dr Austin, TX 78724

LBJ Neighborhood

Estimated Value: $487,326 - $538,000

4 Beds
2 Baths
2,114 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 16, 2020

Current estimated payment $3,401/month

93 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Vaulted Ceiling
  • Granite Countertops
  • Stainless Steel Appliances

About This Home

As of November 2020

Back on market after more upgrades and improvements. Now includes a tankless water heater, AC to back enclosed patio, in addition to other efficiency items. Includes Samsung Smart Appliances, new windows, doors, floors, bathrooms, paint, light fixtures, and much more. Located only 6 miles to downtown and minutes to: Mueller & East Austin amenities, YMCA, HEB is 5 min. Massive projects are underway that will improve area: Little Walnut Creek Greenbelt Master Plan & Colony Park Sustainable Community (CPSC).

Last Agent to Sell the Property

John Mundell

Compass RE Texas, LLC License #0640318 Listed on: 06/09/2020

Compass RE Texas, LLC

Last Buyer's Agent

Anthony Perez

Keller Williams Realty License #0718304

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,044

Year Built

  • Built in 1977

Lot Details

  • 10,280 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence
  • Chain Link Fence
  • Wooded Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding
  • Stone Veneer

Interior Spaces

  • 2,114 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking

Schools

  • Jordan Elementary School
  • Garcia Middle School
  • Lyndon B Johnson High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Las Cimas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02212905060000
  • Tax Block 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,044

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Building Area Total: 2114
  • Year Built: 1977
  • Direction Faces: Northwest
  • Directions: 183 south, u-turn at MLK, right on Loyola, left on Millrace
  • Disclosures: Seller Disclosure
  • Fencing: Chain Link, Fenced, Wood
  • Fireplaces: 1
  • Levels: Two
  • Living Area: 2114
  • Special Listing Conditions: Standard
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 5613.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: 1st Floor Entry
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Vaulted Ceiling(s), Interior Steps, Pantry, Primary Bedroom on Main, Granite Counters
  • View: None
  • Flooring: Carpet, Laminate
  • Fireplace Features: Family Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Good
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Hall,Main Level
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Parking Features: Common, Off Street, On Site
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Jordan
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Garcia
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Curbs, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 02212905060000
  • Lot Size Acres: 0.236
  • Lot Size Sq Ft: 10280.16
  • Subdivision Name: Las Cimas
  • Crops: None

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – Partial, Stone Veneer

Tax Info

  • Tax Block: 6
  • Tax Year: 2020
  • Tax Map Number: 6
  • Tax Filled Sqft Total: 2114
  • Tax Rate: 2.14490000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Nov 13, 2020
Sold by
Avidcare Investments Llc
Bought by
Anderson Gilbert
Seller's Agent
John Mundell
Compass RE Texas, LLC
Buyer's Agent
Anthony Perez
Keller Williams Realty
List Price
$390,000
Current Estimated Value
$512,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$397,927
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 18, 2019
Sold by
Texas Capitol Llc
Bought by
Avidcare Investments Llc
Seller's Agent
Jeff Evans
Gold Star Properties
Buyer's Agent
Michael Lam
New Western
List Price
$228,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.01%

Purchase Details

Listed on
Mar 5, 2019
Closed on
Mar 15, 2019
Sold by
Lippman Jason
Bought by
Texas Capitol Llc
Seller's Agent
Jeff Evans
Gold Star Properties
Buyer's Agent
Michael Lam
New Western
List Price
$228,300

Purchase Details

Closed on
Jan 1, 2012
Sold by
F & S Capital Llc
Bought by
Greenway Lending Llc

Purchase Details

Closed on
Sep 2, 2010
Sold by
Lippman Marjorie R
Bought by
Forest Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,236
Interest Rate
4.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 2010
Sold by
Carralero Pedro and Dominguez Maria
Bought by
The Lending Group Llc

Purchase Details

Closed on
May 10, 2009
Sold by
Lippman Marjorie
Bought by
Carralero Pedro and Dominguez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,700
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Tenzing Investments Llc
Bought by
Lippman Marjorie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,800
Interest Rate
5.22%
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
Anderson Gilbert -- Austin Title Company
Avidcare Investments Llc -- Independence Title Co
Texas Capitol Llc -- Independence Title Co
Lippman Marjorie R -- Independence Title Co
Greenway Lending Llc -- None Available
Forest Michele -- None Available
The Lending Group Llc $130,828 None Available
Carralero Pedro -- None Available
Lippman Marjorie R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Gilbert $398,131
Open Haven 202 8922 Manchaca Llc $900,000
Closed Anderson Gilbert $397,927
Previous Owner Forest Michele $120,236
Previous Owner Carralero Pedro $95,700
Previous Owner Lippman Marjorie R $78,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold -- -- --
09/29/2020 09/29/20 For Sale $390,000 0.0% $184 / Sq Ft
09/25/2020 09/25/20 Off Market -- -- --
09/10/2020 09/10/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $390,000 0.0% $184 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $390,000 0.0% $184 / Sq Ft
07/20/2020 07/20/20 Off Market -- -- --
07/17/2020 07/17/20 Price Changed $390,000 -2.5% $184 / Sq Ft
07/07/2020 07/07/20 Price Changed $400,000 0.0% $189 / Sq Ft
07/07/2020 07/07/20 For Sale $400,000 -2.4% $189 / Sq Ft
07/06/2020 07/06/20 Off Market -- -- --
07/05/2020 07/05/20 For Sale $410,000 0.0% $194 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $410,000 +79.6% $194 / Sq Ft
03/18/2019 03/18/19 Sold -- -- --
03/06/2019 03/06/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $228,300 -- $108 / 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 $8,044 $453,815 $105,136 $348,679
2023 $7,705 $522,875 $0 $0
2022 $12,303 $622,983 $105,000 $517,983
2021 $9,406 $432,128 $50,000 $382,128
2020 $5,613 $261,688 $50,000 $211,688
2018 $5,668 $256,000 $50,000 $206,000
2017 $5,039 $225,932 $50,000 $175,932
2016 $4,416 $145,009 $25,000 $120,009
2015 $2,392 $157,683 $25,000 $132,683
2014 $2,392 $100,504 $25,000 $75,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8730639

Unlock MLS (Austin Board of REALTORS®)

APN: 219513