NOT LISTED FOR SALE

Estimated Value: $590,251 - $681,000

-- Bed
6 Baths
3,968 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 21, 2023

Current estimated payment $4,546/month

10 Days on Market

Highlights

  • City View
  • No HOA
  • Central Heating and Cooling System
  • 0.29 Acre Lot
  • Tile Flooring
  • High Speed Internet

About This Home

As of December 2023

Rare opportunity to secure a fully leased Austin quadplex only 15 minutes from Downtown. Welcome to 8404 Riverstone Dr! All 4 units consist of a 2 bed/1.5 bath mix. Current rents provide the opportunity for cash flow in an area that has seen incredible growth over the past few years. Located 10 miles from the Austin-Bergstrom International airport and a short drive to the new Tesla Gigafactory, your investment is close to all of the action!

Last Agent to Sell the Property

Adelina Rotar

Keller Williams Realty Brokerage Phone: (512) 522-9715 License #0724684 Listed on: 11/27/2023

Keller Williams Realty

Co-Listed By

Joseph Madrid

Keller Williams Realty Brokerage Phone: (512) 522-9715 License #0754929

Last Buyer's Agent

Shelly Montemayor

All City Real Estate Ltd. Co License #0758935

All City Real Estate Ltd. Co

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,997

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 78x160
  • Southeast Facing Home
  • Privacy Fence
  • Wood Fence
  • Dense Growth Of Small Trees
  • Property is in excellent condition

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,968 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • City Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Schools

  • Overton Elementary School
  • Garcia Middle School
  • Lyndon B Johnson High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colony Meadows Sec 2 Subdivision

Listing and Financial Details

  • The owner pays for exterior maintenance, taxes
  • Assessor Parcel Number 02173804120000
  • Tax Block B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,997

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1985
  • Direction Faces: Southeast
  • Directions: From Loyola Ln - north on Wentworth - East on Riverstone to home on the left side of the street.
  • Disclosures: None
  • Fencing: Privacy, Wood
  • Fireplaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 3968
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT0991
  • Co List Office Phone: (512) 448-4111
  • Attribution Contact: (512) 522-9715
  • Attribution Contact: (512) 522-9715
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11341.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Mix: 2/1
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • View: City
  • Flooring: Tile, Vinyl
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Property Condition: Resale, Excellent
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Unit

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air
  • Meter Description: Electric Separate,Water Separate

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Overton
  • High School: Lyndon B Johnson (Austin ISD)
  • Middle/Junior School: Garcia
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Trees-Small (Under 20 Ft)
  • Lot Size: 78X160
  • Parcel Number: 02173804120000
  • Lot Size Acres: 0.2869
  • Lot Size Sq Ft: 12497.36
  • Subdivision Name: COLONY MEADOWS SEC 2

Rental Info

  • Owner Pays: Exterior Maintenance, Taxes
  • Total Actual Rent: 5370
  • Pets Allowed: No

Building Info

  • Construction Materials: Brick Veneer, Frame
  • New Construction: No

Tax Info

  • Tax Block: B
  • Tax Year: 2022
  • Tax Map Number: 12
  • Tax Filled Sqft Total: 3968
  • Tax Rate: 2.17000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Dec 21, 2023
Sold by
Allen Norman
Bought by
Hossain Zabeer and Hossain Ahamed
Seller's Agent
Adelina Rotar
Keller Williams Realty
Buyer's Agent
Shelly Montemayor
All City Real Estate Ltd. Co
List Price
$655,000
Total Days on Market
10
Views
23
Current Estimated Value
$635,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.46%

Purchase Details

Closed on
Sep 19, 1996
Sold by
Ikard David G and Ikard Matthew J
Bought by
Allen Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
7.9%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hossain Zabeer -- None Listed On Document
Allen Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Norman $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold -- -- --
12/08/2023 12/08/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $655,000 -- $165 / 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 $12,997 $720,742 $81,650 $639,092
2023 $11,901 $657,771 $75,000 $582,771
2022 $10,758 $544,734 $75,000 $469,734
2021 $11,341 $521,000 $25,000 $496,000
2020 $7,787 $363,066 $25,000 $338,066
2018 $6,555 $296,084 $25,000 $271,084
2017 $4,916 $220,424 $25,000 $195,424
2016 $4,978 $223,194 $25,000 $198,194
2015 $3,800 $206,364 $25,000 $181,364
2014 $3,800 $159,673 $25,000 $134,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9231945

Unlock MLS (Austin Board of REALTORS®)

APN: 499830