NOT LISTED FOR SALE

837 Sagewood Trail Unit 839 San Marcos, TX 78666

Hughson Heights Neighborhood

Estimated Value: $429,865 - $460,000

-- Bed
-- Bath
2,522 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 09, 2014

Current estimated payment $3,134/month

144 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Tile Flooring
  • No HOA
  • Walk-In Closet
  • Laundry in multiple locations

About This Home

As of January 2014

$2700 month income. Close to Texas State University. On bus route. Solid Cash-Flow, student rental property. See attached pro-forma. Professional property mgt in-place. Turn-key investment. Limited opportunity, very tight supply of similar duplex units. Each bedroom has it's own bathroom. Both units have fenced backyards and 2 car garages. Easy to rent. Current leases expire July 2014. Investors only.Restrictions: Yes

Last Agent to Sell the Property

E. Scott Ross

Ross Realty Advisors License #0527993 Listed on: 07/16/2013

Last Buyer's Agent

Ashley Darnell

Christie's Int'l Real Estate License #0560539

Christie's Int'l Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,516

Year Built

  • Built in 1998

Lot Details

  • 5,723 Sq Ft Lot
  • Lot Dimensions are 65x95
  • Privacy Fence
  • Wood Fence
  • Few Trees
  • The community has rules related to zoning restrictions

Parking

  • 4 Covered Spaces

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • Walk-In Closet
  • 2,522 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Crockett Elementary School
  • Goodnight Middle School
  • San Marcos High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Hughson Heights Sec 03 C Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 1142490O00024003
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,516

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Building Area Total: 2522.00
  • Restrictions: City Restrictions, Zoning
  • Unit Mix: 3/3.5
  • Year Built: 1998
  • Directions: I-35 S Exit Aquarena Springs Right at light, Right onto Sessom, Right on N. LBJ, Left on Craddock, Left on Sagewood
  • Disclosures: Water District
  • Estimated Taxes: 5300.00
  • FEMA Flood Plain: No
  • Fencing: Privacy, Wood
  • Guest Accommodation Description: None
  • Home Sale Contingency: Yes
  • Intermediary: No
  • Levels: Two
  • Living Area: 2522.00
  • New Loan Amount: 182250
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Interior Steps, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Multiple Locations
  • View: None
  • Flooring: Tile, Vinyl
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Water Heater-Electric
  • Property Condition: Resale, See Remarks
  • Security Features: None
  • Spa Features: None

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.00
  • Parking Features: None

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: San Marcos ISD
  • Elementary School: Crockett
  • High School: San Marcos
  • Middle/Junior School: Goodnight

Lot Info

  • Lot Features: Curbs, Trees-Sparse
  • Lot Size: 65x95
  • Parcel Number: 1142490O00024003
  • Lot Size Acres: 0.1310
  • Lot Size Sq Ft: 5723.00
  • Subdivision Name: Hughson Heights Sec 03 C

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2700.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame, HardiPlank Type

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Filled Sqft Total: 2522
  • Tax Rate: 2.36940000000000
  • Tax Year: 2012
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2013
Closed on
Jan 9, 2014
Sold by
Lapede Adam B and Lapede Michal
Bought by
Doyle Mitchell W
Seller's Agent
E. Scott Ross
Ross Realty Advisors
Buyer's Agent
Ashley Darnell
Christie's Int'l Real Estate
List Price
$249,000
Current Estimated Value
$444,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$182,250
Outstanding Balance
$137,324
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$307,142

Purchase Details

Closed on
Jun 15, 2012
Sold by
Lapede Adam B and Lapede Michal
Bought by
Lapede Adam and Lapede Michal

Purchase Details

Closed on
Sep 8, 2010
Sold by
Devine Gerard F and Devine Maria F
Bought by
Lapede Adam B and Lapede Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2008
Sold by
Wb San Marcos Properties Llc
Bought by
Devine Gerard F and Devine Maria F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,190
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2005
Sold by
West Karen F
Bought by
Wb San Marcos Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,520
Interest Rate
5.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 7, 2005
Sold by
Principal Residential Mortgage Inc
Bought by
West Karen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,520
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2004
Sold by
Persinger Michael
Bought by
Principal Residential Mortgage Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Doyle Mitchell W -- None Available
Lapede Adam -- None Available
Lapede Adam B -- Gracy Title Company
Devine Gerard F -- Gracy Title Company
Wb San Marcos Properties Llc -- Landamerica Commonwealth Tit
West Karen F -- --
Principal Residential Mortgage Inc $186,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Mitchell W $182,250
Previous Owner Lapede Adam B $177,750
Previous Owner Devine Gerard F $188,190
Previous Owner Wb San Marcos Properties Llc $145,520
Previous Owner West Karen F $145,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2014 01/09/14 Sold -- -- --
12/07/2013 12/07/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $249,000 -- $99 / 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 $9,516 $358,001 $69,340 $288,661
2024 $9,516 $483,497 $69,340 $414,157
2023 $9,219 $484,719 $69,340 $415,379
2022 $6,814 $332,485 $58,760 $273,725
2021 $6,122 $277,754 $44,070 $233,684
2020 $6,122 $277,754 $44,070 $233,684
2019 $5,014 $203,670 $26,440 $177,230
2018 $4,949 $200,130 $26,440 $173,690
2017 $5,496 $228,610 $30,000 $198,610
2016 $5,172 $215,110 $30,000 $185,110
2015 $4,826 $225,840 $30,000 $195,840
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9050256

Unlock MLS (Austin Board of REALTORS®)

APN: R87446