NOT LISTED FOR SALE

705 E 45th St Unit A & B Austin, TX 78751

Hyde Park Neighborhood

Estimated Value: $496,000 - $582,000

4 Beds
2 Baths
1,948 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 01, 2024

Current estimated payment $3,614/month

105 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Enclosed Patio or Porch
  • Russell Lee Elementary School Rated A-
  • No HOA
  • No Interior Steps

About This Home

As of October 2024

Great opportunity in the desirable Hancock neighborhood of Austin, TX, close to The University of Texas at Austin, Airport Blvd, and I-35. This duplex includes two 2bd/1ba units: 705A, rented at $1,775/mo, lease till Apr 2025, and 705B, used to be rented at $1,675/mo, currently vacant, making it ideal for investors or House Hacking. Each unit features a kitchen on the left as you enter, a living room with sliding doors leading to the back patio, and bedrooms on the right. 705A is tenant-occupied, so please do not disturb the tenants. Showings are by appointment only with a 24-hour notice to qualified buyers. 705B is Vacant: Go and Show. This property offers a 2-car carport with storage and laundry facilities on each side. Built in 1964 with a new roof installed in September 2021, the duplex spans 1,948 sq ft on a 7,832 sq ft lot. Priced significantly below the 2023 county tax appraised value of $765,129, it provides equity and room for updates, sold as-is. The seller prefers to sell all three duplexes at 701, 703, and 705 E 45th St (total 6 units) together but may consider selling individual duplexes separately. Don't miss this investment opportunity!

Last Agent to Sell the Property

Hiroki Irino

StepStone Realty LLC Brokerage Phone: (512) 213-0195 License #0672263 Listed on: 05/21/2024

StepStone Realty LLC

Last Buyer's Agent

Michael Fucciani

Michael Fucciani, Broker License #0668126

Michael Fucciani, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,843

Year Built

  • Built in 1964

Lot Details

  • 7,288 Sq Ft Lot
  • Northwest Facing Home
  • Back Yard Fenced
  • Wooded Lot
  • Property is in average condition

Parking

  • 2 Car Garage
  • Attached Carport
  • Parking Storage or Cabinetry
  • Shared Driveway

Property Views

  • Woods
  • Neighborhood

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Masonry Siding

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Blinds
  • Aluminum Window Frames
  • Window Screens
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Lee Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • The owner pays for HVAC maintenance, insurance, management, repairs, roof maintenance, taxes
  • Assessor Parcel Number 02190806160000
  • Tax Block 4

Community Details

Overview

  • No Home Owners Association
  • Ridgetop Annex Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,843

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1964
  • Direction Faces: Northwest
  • Directions: Take I-35 N to E 45th St. Take the Airport Blvd N ramp, Turn left onto Airport Blvd, Turn left onto E 45th St. Destination will be on the left.
  • Disclosures: Lead Base Paint Addendum
  • Fencing: Back Yard
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1948
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: Storage
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 213-0195
  • Attribution Contact: (512) 213-0195
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 13843.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Mix: 2/1,2/2
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Ceiling Fan(s), No Interior Steps, Pantry
  • View: Neighborhood, Trees/Woods
  • Flooring: Vinyl
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Gas Cooktop, Gas Range, Free-Standing Gas Oven, Gas Oven, RNGHD, Refrigerator
  • Property Condition: Resale, Fair
  • Security Features: Smoke Detector(s)
  • Window Features: Aluminum Frames, Blinds, Screens
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Carport

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Shingle
  • Foundation: Slab
  • Patio And Porch Features: Enclosed, Patio, Rear Porch
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached Carport, Driveway, Paved, Shared Driveway, Storage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Central, Natural Gas
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Meter Description: Electric Separate,Gas Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Lee
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Alley, Trees-Moderate
  • Parcel Number: 02190806160000
  • Lot Size Acres: 0.1673
  • Lot Size Sq Ft: 7287.59
  • Subdivision Name: Ridgetop Annex

Rental Info

  • Owner Pays: HVAC Maintenance, Insurance, Management, Repairs, Roof Maintenance, Taxes
  • Total Actual Rent: 3450
  • Pets Allowed: Cats OK, Dogs OK

Building Info

  • Construction Materials: Brick, Masonry – All Sides, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 4
  • Tax Year: 2023
  • Tax Annual Amount: 13843
  • Tax Filled Sqft Total: 2322
  • Tax Rate: 1.80924700000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Oct 1, 2024
Sold by
Senshu Real Estate Co Ltd
Bought by
Hawkshead Holdings Llc
Seller's Agent
Hiroki Irino
StepStone Realty LLC
Buyer's Agent
Michael Fucciani
Michael Fucciani, Broker
List Price
$592,040
Views
31
Current Estimated Value
$541,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$397,500
Outstanding Balance
$393,407
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$147,940

Purchase Details

Closed on
Apr 1, 2013
Sold by
Covert Danay Cottingham
Bought by
Joseph Companies Investment Vii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hawkshead Holdings Llc -- None Listed On Document
Joseph Companies Investment Vii Llc -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkshead Holdings Llc $397,500
Previous Owner Joseph Companies Investment Vii Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold -- -- --
09/05/2024 09/05/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $589,800 -0.4% $303 / Sq Ft
05/22/2024 05/22/24 For Sale $592,040 -- $304 / 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 $8,793 $524,806 $372,509 $152,297
2023 $8,793 $765,129 $350,000 $415,129
2022 $16,075 $813,967 $350,000 $463,967
2021 $12,962 $595,499 $325,000 $270,499
2020 $11,562 $539,038 $325,000 $214,038
2018 $12,852 $580,503 $325,000 $255,503
2017 $9,902 $444,000 $325,000 $119,000
2016 $10,400 $466,333 $292,500 $173,833
2015 $7,734 $402,825 $225,000 $177,825
2014 $7,734 $418,893 $225,000 $193,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1635407

Unlock MLS (Austin Board of REALTORS®)

APN: 214963