NOT LISTED FOR SALE

702 Franklin Blvd Unit B 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

  • Wooded Lot
  • No HOA
  • 1 Car Attached Garage
  • Reilly Elementary School Rated 9+
  • Stainless Steel Appliances
  • Tile Flooring

About This Home

As of January 2022

Unit A and Unit B are available for rent at the same rent rate (Unit C is occupied). This 3 bed 2 bath triplex is located in an awesome neighborhood within walking distance to North Loop restaurants and bars, close to UT bus routes, Central Market, great retail and restaurant options at The Triangle, and St David's Med center. The property features three single-car garages, additional street parking, and a large shared fully enclosed backyard (excellent for dogs!). 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.

Last Agent to Rent the Property

David Shapiro

eXp Realty, LLC License #0665170 Listed on: 01/21/2022

eXp Realty, LLC

Last Renter's Agent

Victoria Chiem

JBGoodwin REALTORS NW License #0686761

JBGoodwin REALTORS NW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,798

Year Built

  • Built in 2005

Lot Details

  • 7,797 Sq Ft Lot
  • Southwest Facing Home
  • Chain Link Fence
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Schools

  • Reilly Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Above Ground Utilities

Listing and Financial Details

  • Security Deposit $2,325
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • 12 Month Lease Term
  • $60 Application Fee
  • Tax Lot 45
  • Assessor Parcel Number 02260706220000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Northfield Add Subdivision

Pet Policy

  • $15 Monthly Pet Rent
  • 3 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions
  • Large pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,798

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Additional Pet Fee: 300
  • App Deposit Payable To: Owner
  • App Fee Payable To: Go4Rent
  • Application Fee: 60
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Furnished: Unfurnished
  • Max Lease Months: 24
  • Max Numof Pets: 3
  • Min Lease Months: 12
  • Monthly Pet Rent: 15
  • Security Deposit: 2325
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: No
  • Pets Allowed: Cats OK, Dogs OK, Small (< 20 lbs), Medium (< 35 lbs), Large (< 50lbs), Number Limit, Breed Restrictions, Negotiable
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Triplex
  • Unit Style: 1st Floor Entry
  • Year Built: 2005
  • Additional Pet Fee Description: Each
  • Administrative Fee Payable To: Agent
  • Certified Funds: Yes
  • Direction Faces: SW
  • Directions: N.Lamar to Franklin Blvd right turn, one block past W. North Loop Pkwy.
  • Disclosures: None
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Chain Link, Fenced
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Term: 12 Months
  • Levels: Two
  • Living Area: 1350.00
  • Monthly Pet Rent Per Pet: Yes
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Laundry Location: In Unit, Laundry Closet, Upper Level
  • View: None
  • Flooring: Laminate, Tile
  • Fireplace Features: None
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Cooktop Gas, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
  • Appliances Maintained: Dishwasher, Disposal, Dryer, Microwave Oven, Refrigerator, Washer
  • Main Level Bedrooms: 3
  • Security Features: None
  • Smoking Inside: No
  • Spa Features: None
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Attached, Common, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Above Ground, Electricity Available, Natural Gas Available, Water Available
  • Heating: Central
  • Meter Description: Electric Separate, Gas Separate
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Association: No
  • Community Features: None

Fee Information

  • Administration Fee: 150

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Reilly
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Reilly
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Parcel Number: 02260706220000
  • Lot Size Acres: 0.1790
  • Lot Size Sq Ft: 7797.24
  • Subdivision Name: Northfield Add

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Multi Family

  • Number Of Units Total: 3

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
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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
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
01/30/2022 01/30/22 Rented $2,325 0.0% --
01/21/2022 01/21/22 For Rent $2,325 0.0% --
01/10/2022 01/10/22 Rented $2,325 0.0% --
11/16/2021 11/16/21 For Rent $2,325 +13.4% --
07/28/2020 07/28/20 Rented $2,050 0.0% --
07/17/2020 07/17/20 Under Contract -- -- --
07/13/2020 07/13/20 Price Changed $2,050 -6.6% $2 / Sq Ft
07/10/2020 07/10/20 Price Changed $2,195 -8.5% $2 / Sq Ft
04/04/2020 04/04/20 For Rent $2,400 +60.5% --
12/16/2018 12/16/18 Rented $1,495 0.0% --
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% $2 / Sq Ft
09/18/2018 09/18/18 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 +67.3% --
11/17/2017 11/17/17 Rented $1,195 -7.7% --
10/30/2017 10/30/17 Price Changed $1,295 -7.2% $1 / Sq Ft
10/14/2017 10/14/17 Price Changed $1,395 -12.5% $1 / Sq Ft
10/08/2017 10/08/17 Price Changed $1,595 -5.9% $1 / Sq Ft
09/30/2017 09/30/17 Price Changed $1,695 -5.6% $1 / Sq Ft
09/25/2017 09/25/17 Price Changed $1,795 -0.3% $1 / Sq Ft
09/20/2017 09/20/17 For Rent $1,800 -21.7% --
08/03/2016 08/03/16 Rented $2,300 0.0% --
05/19/2016 05/19/16 Under Contract -- -- --
04/03/2016 04/03/16 For Rent $2,300 +4.5% --
08/05/2015 08/05/15 Rented $2,200 -4.3% --
07/30/2015 07/30/15 Under Contract -- -- --
04/02/2015 04/02/15 For Rent $2,300 +44.2% --
11/18/2014 11/18/14 Rented $1,595 -22.2% --
10/21/2014 10/21/14 Under Contract -- -- --
08/04/2014 08/04/14 For Rent $2,050 -4.7% --
08/02/2013 08/02/13 Rented $2,150 -8.5% --
07/03/2013 07/03/13 Under Contract -- -- --
05/24/2013 05/24/13 For Rent $2,350 +17.5% --
08/01/2012 08/01/12 Rented $2,000 0.0% --
05/11/2012 05/11/12 Under Contract -- -- --
04/16/2012 04/16/12 For Rent $2,000 +25.0% --
02/01/2012 02/01/12 Rented $1,600 -1.5% --
01/18/2012 01/18/12 Under Contract -- -- --
12/13/2011 12/13/11 For Rent $1,625 -- --
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: 1780138

Unlock MLS (Austin Board of REALTORS®)

APN: 226615