$830,000
SOLD MAY 18, 2015
Last list price
-- Bed
-- Bath
3,006 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$276 Per Sq Ft

80 Days on Market

About This Home

As of May 2015

University of Texas rental property coveted by fraternities and sororities. Already leased for 2015-2016! Attractive upgraded fixtures and finish out. Large deck with hot tub. Oversize two car garage. Best income to price ratio in the area! Current lease rates A: $3,643 B: $1,457 total $5,100 ending July 31, 2015. New lease rates per listing begin August 1, 2015. Common laundry room, washer and dryer included. List of improvements and letter from city allowing 7 person occupancy available upon request.

Last Agent to Sell the Property

Richard Ryon

Stanberry REALTORS License #0363400 Listed on: 01/18/2015

Last Buyer's Agent

Tim Hendricks

Hendricks Real Estate License #0595881

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,505

Year Built

  • 1923

Parking

  • Alley Access

Home Design

  • 3,006 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Shingle Roof
  • Pier And Beam

Utilities

  • Separate Meters
  • Electricity To Lot Line
  • Shared Water Meter

Listing and Financial Details

  • The owner pays for property tax
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,505

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Restrictions: Yes
  • Total Sq Ft: 3006
  • Stories: 2
  • Unit Mix: See Agent
  • Year Built Exception: Resale
  • Restrictions Type: City Restrictions, Zoning
  • Ratio Close Price By List Price: 0.98812
  • Ratio Close Price By Original Li: 0.95181
  • Ratio Close Price By Sq Ft: 262.81
  • Ratio Current Price By Lot Size: 4413407.82
  • Ratio Current Price By Sq Ft: 262.81
  • Ratio List Price By Sq Ft: 265.97
  • Special Features: None
  • Year Built: 1923

Interior Features

  • Laundry Facilities: Common
  • Condition: As-Is, See Disclosure
  • Region: Austin - Central

Exterior Features

  • Fence: Privacy, Wood
  • Roof: Composition Shingle
  • Construction: Frame, Hardiplank Type, Stucco
  • Foundation: Pier & Beam, Slab

Utilities

  • Sewer: City On Property
  • Utilities: Electricity On Property, Natural Gas On Property
  • Meter Description: Electric Separate, Gas Separate, See Agent, Water Common
  • Water Source: City

Schools

  • School District: Austin ISD
  • Elementary A: Bryker Woods
  • Intermediary: Yes
  • High School: Austin

Lot Info

  • Lot Features: Alley Access
  • Lot Size Area: 0.179

Rental Info

  • Owner Pays: Property Tax
  • Total Actual Rent: 5950

Tax Info

  • Actual Tax: 12739.00
  • Tax Filled Sqft Total: 3006
  • Tax Rate: 2.37980000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2015
Sold by
Williams Stephen and Williams Kristi
Bought by
Jankay Balaji and Rawal Rajiv
Current Estimated Value
$1,591,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$399,086
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$914,540

Purchase Details

Listed on
Jan 18, 2015
Closed on
May 8, 2015
Sold by
Zornes Roger D and Zornes Martha J
Bought by
Amerson Kevin
Seller's Agent
Richard Ryon
Stanberry REALTORS
Buyer's Agent
Tim Hendricks
Hendricks Real Estate
List Price
$830,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$518,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2012
Sold by
Miller Allen Llc
Bought by
Williams Kristi and Williams Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Zornes Roger D and Zornes Martha J
Bought by
Zornes Roger D and Zornes Martha J

Purchase Details

Closed on
Oct 20, 1999
Sold by
Key Wayne and Heinen Doris
Bought by
Zornes Roger D and Zornes Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Marshall Peggy Bullard and Bullard Thais Jeanne
Bought by
Key Wayne and Heinen Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,650
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Texas American Title Company
Vendors Lien -- Independence Title Co
Deed -- Texas American Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- --
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $518,000 New Conventional
Previous Owner $518,000 Purchase Money Mortgage
Previous Owner $512,000 New Conventional
Previous Owner $275,000 Unknown
Previous Owner $275,000 Unknown
Previous Owner $275,000 Unknown
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $175,650 Purchase Money Mortgage
Closed $38,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Rented $6,000 0.0% --
07/14/2020 07/14/20 Price Changed $6,000 -20.0% $2 / Sq Ft
12/04/2019 12/04/19 For Rent $7,500 0.0% --
05/18/2015 05/18/15 Sold -- -- --
04/08/2015 04/08/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $830,000 -- $276 / 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
2023 $26,505 $1,251,467 $600,000 $651,467
2022 $25,081 $1,269,986 $600,000 $669,986
2021 $20,496 $941,631 $390,000 $551,631
2020 $14,894 $694,400 $390,000 $304,400
2018 $15,754 $711,577 $390,000 $321,577
2017 $15,534 $696,543 $390,000 $306,543
2016 $16,876 $756,715 $350,000 $406,715
2015 $12,739 $632,073 $310,000 $322,073
2014 $12,739 $535,312 $320,000 $215,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5956696

Unlock MLS (Austin Board of REALTORS®)

APN: 211331