NOT LISTED FOR SALE

Estimated Value: $670,000 - $698,000

Studio
6 Baths
4,060 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 01, 2024

Current estimated payment $4,696/month

104 Days on Market

Highlights

  • Property is near public transit
  • Uncovered Courtyard
  • Tile Flooring
  • No HOA
  • Patio
  • Central Heating and Cooling System

About This Home

As of November 2024

CALLING ALL INVESTORS , an exceptional 4-plex in central Austin, that is currently cash flowing. This property stands out with recent updates, including a new roof with a 20-year warranty and upcoming HVAC installations. Each unit features unique upgrades detailed in the provided info sheet like new flooring, new exterior paint, fence and gate work. 12 parking spots are included, each unit has a utility rooms and a private outdoor space. DO NOT DISTURB TENANTS- MUST SCHEDULE IN ADVANCE WITH LISTING AGENT **All information is deemed reliable and accurate however is subject to independent verification by buyer or buyer's representation. Photos have been edit, units are not vacant*

Last Agent to Sell the Property

Beth Martin

Agency Texas Inc Brokerage Phone: (512) 355-0150 License #0693096 Listed on: 06/15/2024

Last Buyer's Agent

Marcelo Gonzalez

Texas Ally Real Estate Group License #0637733

Texas Ally Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,853

Year Built

  • Built in 1972

Lot Details

  • 7,558 Sq Ft Lot
  • Northwest Facing Home
  • Back Yard Fenced
  • Property is in below average condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,060 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 12 Parking Spaces
  • Parking Lot

Outdoor Features

  • Uncovered Courtyard
  • Patio

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • The owner pays for exterior maintenance, HVAC maintenance, repairs, roof maintenance, sewer, taxes, water
  • Assessor Parcel Number 02351508030000
  • Tax Block A

Community Details

Overview

  • No Home Owners Association
  • Congress Park Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,853

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1972
  • Direction Faces: Northwest
  • Directions: Go North on Lamar from 183, Right at Powell, Left at Sam Rayburn
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Fencing: Back Yard, Fenced, Gate, Wood, Wrought Iron
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 4060
  • Other Equipment: Varies by Unit
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 355-0150
  • Attribution Contact: (512) 355-0150
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11102.81
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 89.97
  • Current Price By Living Ar: 167.49
  • "Current Price By Original ": 0.85
  • List Price Lot Size Square: 92.62
  • List Price By Living Area: 172.41
  • List Price By Original Lis: 0.88
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Mix: 2/1.5,3/1.5
  • ACT_MonthToMonthYN: 1
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 0
  • ACT_MonthToMonthYN: 1
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 0
  • ACT_MonthToMonthYN: 1
  • ACT_PetDeposit: 0
  • ACT_FireplaceYN: 0
  • ACT_MonthToMonthYN: 1
  • ACT_FireplaceYN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, Washer Hookup
  • View: None
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Oven, Refrigerator
  • Property Condition: Resale, Poor
  • Security Features: None
  • Window Features: See Remarks
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit

Exterior Features

  • Exterior Features: Uncovered Courtyard, Private Yard
  • Roof: Asphalt, Shingle
  • Foundation: Slab
  • Patio And Porch Features: Patio
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Parking Lot
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Phone Available, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air
  • Meter Description: Read Meter

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Barrington
  • High School: Navarro Early College
  • Middle/Junior School: Webb
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, Near Public Transit
  • Parcel Number: 02351508030000
  • Lot Size Acres: 0.1735
  • Lot Size Sq Ft: 7557.66
  • Subdivision Name: Congress Park

Rental Info

  • Owner Pays: Exterior Maintenance, HVAC Maintenance, Repairs, Roof Maintenance, Sewer, Taxes, Water
  • Total Actual Rent: 6200
  • Pets Allowed: All

Building Info

  • Construction Materials: None
  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Year: 2024
  • Tax Annual Amount: 12852.94
  • Tax Filled Sqft Total: 4306
  • Tax Rate: 1.80900000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Nov 1, 2024
Sold by
Siddiqui Farhat and Siddiqui Shahnaz
Bought by
Aniceto Luis
Seller's Agent
Beth Martin
Agency Texas Inc
Buyer's Agent
Marcelo Gonzalez
Texas Ally Real Estate Group
List Price
$800,000
Views
10
Current Estimated Value
$684,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.50%
Original Mortgage
$544,000
Outstanding Balance
$538,554
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$145,446

Purchase Details

Closed on
Sep 20, 2022
Sold by
Siddiqui and Shahnaz
Bought by
Siddiqui Umar

Purchase Details

Closed on
Mar 13, 2009
Sold by
Muraya Industries Lp
Bought by
Siddiqui Farhat and Siddiqui Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 22, 1997
Sold by
Batmale Frank P and Batmale Karen
Bought by
Muraya Norman K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.57%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Batmale Frank and Batmale Karen
Bought by
Batmale Frank P and Batmale Karen
Source: Public Records
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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
Aniceto Luis -- None Listed On Document
Siddiqui Umar -- --
Siddiqui Farhat -- None Available
Muraya Norman K -- Gracy Title Co
Batmale Frank P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aniceto Luis $544,000
Previous Owner Siddiqui Farhat $136,500
Previous Owner Muraya Norman K $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold -- -- --
09/26/2024 09/26/24 Price Changed $700,000 -12.5% $172 / Sq Ft
06/15/2024 06/15/24 For Sale $800,000 -- $197 / 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 $13,445 $657,956 $206,420 $451,536
2023 $11,103 $613,670 $275,000 $338,670
2022 $11,615 $588,106 $275,000 $313,106
2021 $11,326 $520,321 $125,000 $395,321
2020 $8,878 $413,900 $125,000 $288,900
2018 $8,568 $387,000 $125,000 $262,000
2017 $7,577 $339,749 $75,000 $264,749
2016 $6,515 $292,148 $60,000 $232,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1866170

Unlock MLS (Austin Board of REALTORS®)

APN: 238175