NOT LISTED FOR SALE

Estimated Value: $523,000 - $635,000

-- Bed
4 Baths
1,812 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 15, 2024

Current estimated payment $3,830/month

129 Days on Market

Highlights

  • Mature Trees
  • Living Room with Fireplace
  • Quartz Countertops
  • Cowan Elementary School Rated A-
  • High Ceiling
  • No HOA

About This Home

As of August 2024

Introducing a rare investment opportunity in the heart of highly sought-after South Austin! This meticulously maintained duplex offers the perfect blend of comfort, convenience, and potential for lucrative returns.

Nestled in a prime location with easy access to bustling shopping centers and major highways, this property presents an ideal setting for both residents and investors alike.

Each unit features two bedrooms and two bathrooms, providing spacious and versatile living spaces for occupants. With private entrances and backyards, residents can enjoy the tranquility of their own outdoor oasis.

The modernized interiors boast updated dual-pane windows and fresh paint, offering a contemporary aesthetic and enhanced energy efficiency. Additionally, a new roof ensures long-term durability and peace of mind for years to come.

Whether you're looking to reside in one unit while generating rental income from the other or seeking to maximize your investment potential by renting both units, this property offers endless possibilities for financial growth.

Don't miss out on this exceptional opportunity to own a piece of prime real estate in South Austin. Schedule a viewing today and unlock the potential of this turnkey duplex!

Last Agent to Sell the Property

Tony Gomez

eXp Realty, LLC Brokerage Phone: (888) 519-7431 License #0756859 Listed on: 03/08/2024

eXp Realty, LLC

Last Buyer's Agent

Evan Spencer

Compass RE Texas, LLC License #0705117

Compass RE Texas, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,389

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 8,777 Sq Ft Lot
  • Northeast Facing Home
  • Private Entrance
  • Wood Fence
  • Gentle Sloping Lot
  • Mature Trees
  • Back Yard Fenced and Front Yard
  • Property is in good condition

Parking

  • 2 Car Garage
  • Inside Entrance
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Site Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Masonry Siding

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • 2 Fireplaces
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Cowan Elementary School
  • Bailey Middle School
  • Akins High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Patio
  • City Lot

Listing and Financial Details

  • The owner pays for exterior maintenance, HVAC maintenance, roof maintenance, taxes
  • Assessor Parcel Number 04261902170000
  • Tax Block B

Community Details

Overview

  • No Home Owners Association
  • Tanglewood Forest Sec 05 Subdivision

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,389

Year Built

Built in 1984 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1984
  • Direction Faces: Northeast
  • Directions: From Menchaca Rd: Turn right onto Sedgemoor Trail; Turn right onto Japonica Ct; Destination will be on the left
  • Disclosures: Seller Disclosure
  • Fencing: Back Yard, Privacy, Wood
  • Fireplaces: 2
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1812
  • Other Equipment: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (888) 519-7431
  • Attribution Contact: (888) 519-7431
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9389.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 66.08
  • Current Price By Living Ar: 320.09
  • "Current Price By Original ": 1.01
  • List Price Lot Size Square: 66.08
  • List Price By Living Area: 320.09
  • List Price By Original Lis: 1.01
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • Unit Mix: 2/2
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Ceilings, Quartz Counters, Electric Dryer Hookup, Gas Dryer Hookup, Eat-in Kitchen, No Interior Steps, Pantry, Washer Hookup
  • View: None
  • Flooring: Tile
  • Fireplace Features: Living Room, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Gas Range, RNGHD, Water Heater
  • Property Condition: Updated/Remodeled, Good
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Screens, Vinyl Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Garage

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Front, Inside Entrance, Off Site

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Cowan
  • High School: Akins
  • Middle/Junior School: Bailey
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Back Yard, City Lot, Curbs, Front Yard, Gentle Sloping, Trees-Large (Over 40 Ft)
  • Parcel Number: 04261902170000
  • Lot Size Acres: 0.2015
  • Lot Size Sq Ft: 8777.34
  • Subdivision Name: Tanglewood Forest Sec 05

Rental Info

  • Owner Pays: Exterior Maintenance, HVAC Maintenance, Roof Maintenance, Taxes
  • Total Actual Rent: 3900
  • Pets Allowed: Cats OK, Dogs OK, Breed Restrictions, Negotiable

Building Info

  • Construction Materials: Concrete, Glass, Masonry – Partial, Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: B
  • Tax Year: 2023
  • Tax Annual Amount: 9389.01
  • Tax Filled Sqft Total: 2436
  • Tax Rate: 1.97000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Aug 14, 2024
Sold by
Dos Lunas Consulting Llc
Bought by
Garcia Diane E and Garcia Andrea M
Seller's Agent
Tony Gomez
eXp Realty, LLC
Buyer's Agent
Evan Spencer
Compass RE Texas, LLC
List Price
$580,000
Views
643
Current Estimated Value
$557,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.91%
Original Mortgage
$569,494
Outstanding Balance
$563,148
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$5,996

Purchase Details

Closed on
Dec 12, 2023
Sold by
605 Oceanview Llc
Bought by
Dos Lunas Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2023
Closed on
Oct 2, 2023
Sold by
Wirth Helen L and Wirth Steven C
Bought by
605 Oceanview Llc
Seller's Agent
Gregory Tran
Keller Williams Realty
Buyer's Agent
Tony Gomez
eXp Realty, LLC
List Price
$498,000
Views
268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.58%
Original Mortgage
$300,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Garcia Diane E -- Independence Title
Dos Lunas Consulting Llc -- Independence Title
605 Oceanview Llc -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Diane E $569,494
Previous Owner Dos Lunas Consulting Llc $430,000
Previous Owner 605 Oceanview Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold -- -- --
07/20/2024 07/20/24 For Sale $580,000 +5.6% $320 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
06/01/2024 06/01/24 Off Market -- -- --
04/18/2024 04/18/24 Price Changed $549,500 -3.1% $303 / Sq Ft
04/04/2024 04/04/24 Price Changed $567,000 -1.4% $313 / Sq Ft
03/08/2024 03/08/24 For Sale $575,000 +19.5% $317 / Sq Ft
10/02/2023 10/02/23 Sold -- -- -- View Prior Sale
09/13/2023 09/13/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $481,000 -3.4% $265 / Sq Ft
06/26/2023 06/26/23 For Sale $498,000 -- $275 / 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 $10,820 $489,661 $298,732 $190,929
2023 $9,389 $476,105 $275,000 $201,105
2022 $10,762 $501,412 $275,000 $226,412
2021 $8,411 $355,900 $125,000 $230,900
2020 $8,076 $345,886 $125,000 $220,886
2018 $6,978 $290,269 $100,000 $190,269
2017 $5,340 $222,000 $50,000 $172,000
2016 $5,510 $229,036 $50,000 $179,036
2015 $4,694 $185,900 $50,000 $135,900
2014 $4,694 $183,175 $50,000 $133,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8267844

Unlock MLS (Austin Board of REALTORS®)

APN: 341826