NOT LISTED FOR SALE

702 Franklin Blvd Unit A Austin, TX 78751

North Loop Neighborhood

Estimated Value: $1,238,075 - $1,427,000

3 Beds
2 Baths
1,350 Sq Ft
$987/Sq Ft Est. Value

Highlights

  • Attached Garage
  • Tile Flooring
  • Central Heating
  • Reilly Elementary School Rated 9+

About This Home

As of April 2019

Newer construction two story 3 bed 2 bath triplex with single car garage, additional off street parking, and large shared backyard. Great open concept living and kitchen with stainless steel appliances, recessed lighting, and plenty of cabinetry. Wood like flooring throughout, spacious bedrooms, and full size washer/dryer included. Awesome neighborhood within walking distance to North Loop restaurants and bars, close to UT bus routes, Central Market, and St David's Med center.

Last Agent to Rent the Property

Russell Cavin

Uptown Realty LLC License #0559023 Listed on: 03/19/2019

Co-Listed By

John Hopkins

JHop Realty License #0503595

Last Renter's Agent

Will McEntire

eXp Realty, LLC License #0489003

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,798

Year Built

  • Built in 2005

Lot Details

  • 7,405

Home Design

  • 1,350 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Composition Shingle Roof

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Common or Shared Parking
  • Reserved Parking

Utilities

  • Central Heating
  • Separate Meters
  • Above Ground Utilities

Community Details

  • Pet Deposit $350
  • 2 Pets Allowed

Listing and Financial Details

  • Security Deposit $2,295
  • Tenant pays for all bills
  • 12-Month Min and 24-Month Max Lease Term
  • $75 Application Fee
  • Tax Lot 45
  • Assessor Parcel Number 02260706220000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,798

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Additional Pet Fee: 350
  • Additional Pet Fee Description: Each
  • App Delivery To: Russell@URAustin.com or Uptown Realty 2309 Rio Grande Austin, TX 78705
  • App Deposit Payable To: Uptown Realty
  • App Fee Payable To: Uptown Realty
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Attached, Tar App
  • First Month Rent Payable To: Broker
  • Lease Guarantor: Yes
  • Max Lease Months: 24
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 350
  • Pet Description: Both Cats & Dogs, Negotiable/Call Agent
  • Section8: No
  • Security Deposit: 2295
  • Smoking Inside: No
  • Tenant Pays: All Bills

Listing Details

  • Property Type: Lease
  • Property Sub Type: Triplex
  • Unit Style: 1st Floor Entry
  • Access Instructions: Key With Listing Office
  • Total Sq Ft: 1350
  • Steps: Interior Steps
  • Stories: 2
  • Year Built: 2005
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.97660
  • Ratio Close Price By Sq Ft: 1.70
  • Ratio Current Price By Lot Size: 12821.23
  • Ratio Current Price By Sq Ft: 1.70
  • Ratio List Price By Sq Ft: 1.70
  • Special Features: None

Interior Features

  • Disability Features: No
  • Kitchen: Breakfast Area
  • Main Level Bedrooms: 1
  • Dining Description: Liv/Din Combo
  • Laundry Facilities: Closet, Hall, In Unit, Upper Level
  • Sprinkler System: No
  • Flooring: Laminate, Tile - Hard
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Kitchen Appliances: Cook Top Gas, Dishwasher, Disposal, Stainless Steel
  • Master Main: Yes
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 2
  • Num Parking Spaces: 3
  • Region: Austin - Central
  • Dryer: Yes
  • Refrigerator: Yes
  • Washer: Yes

Exterior Features

  • Fence: Chain Link
  • Pool on Property: No
  • Roof: Composition Shingle
  • Construction: Hardiplank Type
  • Foundation: Slab

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: 1 Reserved, Attached, Common

Utilities

  • Cooling: Central Air
  • Sewer: City On Property
  • Utilities: Above Ground, Electricity Available, Natural Gas Available
  • Heating: Central Heat
  • Meter Description: Electric Separate, Gas Separate
  • Water Source: City
  • Dryer Maintained: Yes

Condo/Co-op/Association

  • HOA: No
  • Managed By: Owner
  • Pets: Yes

Fee Information

  • Administrative Fee Payable To: Uptown Realty
  • Administration Fee: 50
  • Per Person: Yes
  • Per Pet: Yes

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary A: Reilly
  • Intermediary: Yes
  • Middle Intermediate School: Lamar (Austin Isd)
  • High School: McCallum

Lot Info

  • F E M A100 Yr Flood Plain: Unknown
  • Lot Size Area: 0.179
  • Parcel Number: 02260706220000
  • M A P S C O Grid: G
  • M A P S C O Page: 555

Tax Info

  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Lachenauerllc
Bought by
Bog3 Llc
Current Estimated Value
$1,332,538

Purchase Details

Closed on
May 28, 2021
Sold by
Farooq Omar and Farooq Nasreen
Bought by
Lachenauer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 18, 2007
Sold by
Lee Robert
Bought by
Farooq Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2005
Sold by
Lee Raymond
Bought by
Lee Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2004
Sold by
Telford Laura and Vannatta Thomas R
Bought by
Lee Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.95%
Mortgage Type
Commercial
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
Bog3 Llc -- Independence Title
Lachenauer Llc -- Independence Title
Farooq Omar -- Itc
Lee Robert -- None Available
Lee Raymond -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lachenauer Llc $760,000
Previous Owner Farooq Omar $650,000
Previous Owner Lee Raymond $120,000
Closed Bog3 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2019 04/28/19 Rented $2,295 0.0% --
04/14/2019 04/14/19 Under Contract -- -- --
04/10/2019 04/10/19 Price Changed $2,295 -2.3% $2 / Sq Ft
03/19/2019 03/19/19 For Rent $2,350 +57.2% --
11/25/2018 11/25/18 Rented $1,495 0.0% --
11/05/2018 11/05/18 Under Contract -- -- --
10/27/2018 10/27/18 Price Changed $1,495 -14.6% $1 / Sq Ft
10/23/2018 10/23/18 Price Changed $1,750 -12.5% $1 / Sq Ft
09/22/2018 09/22/18 Price Changed $1,999 +8.1% $1 / Sq Ft
09/13/2018 09/13/18 Price Changed $1,850 +2.8% $1 / Sq Ft
09/05/2018 09/05/18 Price Changed $1,799 -10.0% $1 / Sq Ft
08/15/2018 08/15/18 For Rent $1,999 -14.9% --
07/17/2017 07/17/17 Rented $2,350 0.0% --
07/17/2017 07/17/17 Under Contract -- -- --
07/05/2017 07/05/17 Price Changed $2,350 -2.1% $2 / Sq Ft
06/18/2017 06/18/17 Price Changed $2,400 -2.0% $2 / Sq Ft
06/03/2017 06/03/17 For Rent $2,450 +4.3% --
08/05/2015 08/05/15 Rented $2,350 0.0% --
04/14/2015 04/14/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $2,350 +34.7% --
09/30/2014 09/30/14 Rented $1,745 -16.9% --
09/30/2014 09/30/14 Under Contract -- -- --
08/04/2014 08/04/14 For Rent $2,100 -4.5% --
08/02/2013 08/02/13 Rented $2,200 -10.2% --
07/09/2013 07/09/13 Under Contract -- -- --
05/24/2013 05/24/13 For Rent $2,450 +22.5% --
07/25/2012 07/25/12 Rented $2,000 0.0% --
04/25/2012 04/25/12 Under Contract -- -- --
04/09/2012 04/09/12 For Rent $2,000 -- --
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 $25,798 $1,188,428 $435,534 $752,894
2023 $27,209 $1,503,908 $450,000 $1,053,908
2022 $21,237 $1,075,329 $450,000 $625,329
2021 $18,445 $847,400 $275,000 $572,400
2020 $13,935 $649,700 $275,000 $374,700
2018 $17,276 $780,303 $275,000 $505,303
2017 $10,778 $483,283 $240,000 $243,283
2016 $14,583 $653,883 $270,000 $383,883
2015 $14,937 $658,041 $225,000 $433,041
2014 $14,937 $627,675 $225,000 $402,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2343895

Unlock MLS (Austin Board of REALTORS®)

APN: 226615