NOT LISTED FOR SALE

Estimated Value: $765,099 - $912,000

4 Beds
4 Baths
1,929 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 07, 2022

Current estimated payment $5,747/month

64 Days on Market

Highlights

  • Additional Residence on Property
  • Wood Flooring
  • Stone Countertops
  • Mature Trees
  • Park or Greenbelt View
  • No HOA

About This Home

As of July 2022

Cashflow opportunity with 98% occupancy! Completely renovated 3 Bed 2 Full Bath income generating property with completely separate sleeps 4 + 2 bath air bnb guesthouse. Investor's market cash flow in current bnb market is 10,400/ mo if both units are BNB (with of occupancy 99% for 2021 and 98% for 2022). New standing seam metal roof on main house and newer metal roof on back house (lasts forever), completely new HVAC/ ductwork, new electric wiring/ outlets, 2 new tankless WHs, new water lines, new gas lines and complete updated and tasteful finish-out! Potential for third ADU when applicable Austin code is passed for another $3000-4000 per month or more in BNB potential. Must see, turnkey, neighbor currently does property management and guest turn-over! Gorgeous park directly across the street and within walking distance there are charming trails and endless options of shopping and dining! Back house was featured in Austin Cool Homes Tour and it is also an Austin 5 Star Green Energy Rated Property! Matterports for front and backhouse: https://my.matterport.com/show/?m=QTQYA8M93hk backhouse: https://my.matterport.com/show/?m=hyPqztMrRQP

Last Agent to Sell the Property

Carmen Collins

Real Broker, LLC License #0711211 Listed on: 04/11/2022

Real Broker, LLC

Last Buyer's Agent

Anja Martens

Bungalow Living Brokerage Inc. License #0730863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,484

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 8,320 Sq Ft Lot
  • Southwest Facing Home
  • Wood Fence
  • Landscaped
  • Mature Trees
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 1,929 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Vinyl Clad Windows
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Gas Range
  • Microwave
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Covered Patio or Porch
  • Pergola
  • Rain Gutters

Schools

  • Brown Elementary School
  • Webb Middle School
  • Navarro Early College High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System

Additional Features

  • Additional Residence on Property
  • Packing Shed

Listing and Financial Details

  • Legal Lot and Block 6 / C
  • Assessor Parcel Number 02331006150000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Northway Crest Sec 02 Subdivision

Recreation

  • Park
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,484

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Unit Style: 1st Floor Entry
  • Restrictions: None
  • Year Built: 1953
  • Additional Parcels: No
  • Direction Faces: SW
  • Directions: Head northeast on N Lamar Blvd toward W Crestland Dr,Turn right onto W Crestland Dr., Properties on Left
  • Disclosures: Seller Disclosure
  • Estimated Taxes: 10484.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Wood
  • Garage Spaces: 1.00
  • Green Energy Efficient: Construction, Doors, Insulation, Materials, Windows
  • Green Sustainability: See Remarks
  • Guest Accommodation Description: Guest House
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1929.00
  • Other Structures: Guest House, Packing Shd, Pergola, Second Residence
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Counter-Stone, Eat-in Kitchen, Pantry, Recessed Lighting
  • Laundry Location: Laundry Room
  • View: Park/Greenbelt
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Guest Beds: 1
  • Guest Full Bathrooms: 2
  • Num Living: 1
  • Accessibility Features: See Remarks
  • Appliances: Microwave, Free-Standing Gas Range, Refrigerator, Washer/Dryer
  • Main Level Bedrooms: 4
  • Property Condition: Updated/Remodeled
  • Security Features: See Remarks
  • Spa Features: None
  • Window Features: Double Pane Windows, Vinyl Windows

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Gutters Full, Private Yard
  • Roof: Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected, See Remarks
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air, Multi Units

Association/Amenities

  • Association: No
  • Community Features: Dog Park, Park, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Brown
  • Middle School: Webb
  • High School: Navarro Early College
  • Elementary School: Brown
  • High School: Navarro Early College
  • Middle/Junior School: Webb

Lot Info

  • Lot Features: Back Yard, Landscaped, Trees-Large (Over 40 Ft), See Remarks
  • Parcel Number: 02331006150000
  • Lot Size Acres: 0.1910
  • Lot Size Sq Ft: 8319.96
  • Subdivision Name: Northway Crest Sec 02

Building Info

  • Construction Materials: HardiPlank Type
  • New Construction: No

Tax Info

  • Tax Block: C
  • Tax Filled Sqft Total: 1929
  • Tax Lot: 6
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Annual Amount: 10484.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Flywheel Sfr Fund I Borrower Llc
Bought by
Ff I Borrower Ii Llc
Total Days on Market
64
Current Estimated Value
$838,550

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jul 6, 2022
Sold by
Poynor Valerie K and Poynor Thomas
Bought by
Flywheel Sfr Fund I Borrower Llc
Seller's Agent
Carmen Collins
Real Broker, LLC
Buyer's Agent
Anja Martens
Bungalow Living Brokerage Inc.
List Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.95%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Diaz Candelario and Mora Elideth
Bought by
Kanak Valerie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,939
Interest Rate
8.41%
Mortgage Type
FHA
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
Ff I Borrower Ii Llc -- None Listed On Document
Flywheel Sfr Fund I Borrower Llc -- Bc Law Firm Pa
Kanak Valerie D -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poynor Valerie K $187,000
Previous Owner Kanak Valerie D $60,705
Previous Owner Kanak Valerie D $71,584
Previous Owner Kanak Valerie D $69,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold -- -- --
06/14/2022 06/14/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $1,100,000 -4.3% $570 / Sq Ft
05/12/2022 05/12/22 Price Changed $1,150,000 -2.1% $596 / Sq Ft
05/04/2022 05/04/22 Price Changed $1,175,000 -2.1% $609 / Sq Ft
04/28/2022 04/28/22 Price Changed $1,200,000 -4.0% $622 / Sq Ft
04/11/2022 04/11/22 For Sale $1,250,000 -- $648 / 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 $15,569 $530,562 $339,145 $191,417
2023 $14,079 $778,141 $300,000 $478,141
2022 $15,899 $805,053 $345,000 $460,053
2021 $12,003 $551,434 $230,000 $321,434
2020 $10,099 $470,851 $230,000 $240,851
2018 $9,520 $430,004 $230,000 $200,004
2017 $7,845 $351,788 $155,250 $298,746
2016 $7,132 $319,807 $155,250 $252,292
2015 $5,794 $290,734 $155,250 $218,270
2014 $5,794 $264,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7984315

Unlock MLS (Austin Board of REALTORS®)

APN: 235155