Seller's Agent in 2023
Johnny Devora
Devora Realty
(512) 961-9084
2 in this area
50 Total Sales
917 E 37th St Austin, TX 78705
Hancock NeighborhoodEstimated Value: $2,048,000
10
Beds
10
Baths
1,550
Sq Ft
$1,321/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- Central Heating and Cooling System
- Russell Lee Elementary School Rated A-
- Attached Carport
- High Speed Internet
About This Home
As of September 2023An extraordinary opportunity awaits you in the heart of Austin, Texas – a vibrant city known for its energy, culture, and thriving real estate market. Get ready to embark on an exciting journey of house hacking and potential future condo development in one of the most sought-after locations in the country.
Location, Location, Location: This covered land play is strategically positioned near the University of Texas, Downtown Austin, and the bustling Mueller Development. With its prime location just south of Hyde Park, you'll have access to an array of amenities, entertainment options, and a vibrant community that attracts both residents and visitors alike.
House Hacking at Its Finest: For first-time investors looking to dip their toes into real estate, this tri-plex property offers an ideal opportunity for house hacking. You can live in one of the units while renting out the other two, generating passive income that helps offset your living expenses and mortgage costs. This savvy strategy ensures you build equity and wealth while enjoying the perks of living in a dynamic urban environment.
Steady Stream of Income: With two of the three units already leased on a month-to-month basis, you can start benefiting from a steady stream of income from day one. As you proceed with your plans for new construction and development, the existing leases will continue to provide financial stability throughout the design and permitting process.
Endless Possibilities: This is where the excitement truly begins! You have the freedom to explore various options for development. You can choose to renovate the existing structure and add a new structure on the front portion of the lot for a partial redevelopment, catering to the diverse needs of the Austin market. Alternatively, you can embark on a complete tear-down and redevelop this sizable, flat centrally located lot into a modern and high-demand condominium project or new construction rental properties.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,893
Year Built
- Built in 1940
Lot Details
- 9,988 Sq Ft Lot
- North Facing Home
- Level Lot
- Back Yard Fenced and Front Yard
- The community has rules related to zoning restrictions
Home Design
- Pillar, Post or Pier Foundation
- Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 1,550 Sq Ft Home
- 2-Story Property
Kitchen
- Free-Standing Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- Attached Carport
- Driveway
- Additional Parking
- Off-Street Parking
Outdoor Features
- Patio
Schools
- Lee Elementary School
- Kealing Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
- Separate Meters
- Above Ground Utilities
- Shared Water Meter
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Assessor Parcel Number 02150804090000
- 2% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- Plainview Heights Resub Subdivision
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2025
Sold by
Open Door Group Llc
Bought by
Miller Scott
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,050
Outstanding Balance
$1,128,050
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2024
Sold by
Miller Scott and Miller Jessica
Bought by
Open Door Group Llc
Purchase Details
Closed on
May 3, 2007
Sold by
Park Hyun
Bought by
Park Kil
Purchase Details
Closed on
Jan 3, 2007
Sold by
Najafi Said
Bought by
Park Hyun and Park Kil W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,950
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2005
Sold by
Terra Trigild Llc
Bought by
Najafi Said
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.06%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 25, 2005
Sold by
Daniel Gordon L
Bought by
Terra Trigild Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Scott | -- | Austin Title Company | |
| Open Door Group Llc | -- | None Listed On Document | |
| Park Kil | -- | None Available | |
| Park Hyun | -- | Chicago Title Insurance Co | |
| Najafi Said | -- | Atc | |
| Terra Trigild Llc | -- | Atc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Scott | $1,128,050 | |
| Previous Owner | Open Door Group Llc | $1,300,786 | |
| Previous Owner | Park Hyun | $238,950 | |
| Previous Owner | Najafi Said | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2023 09/15/23 | Sold | -- | -- | -- |
| 08/26/2023 08/26/23 | Pending | -- | -- | -- |
| 08/21/2023 08/21/23 | For Sale | $750,000 | 0.0% | $484 / Sq Ft |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- |
| 07/28/2023 07/28/23 | For Sale | $750,000 | 0.0% | $484 / Sq Ft |
| 06/24/2012 06/24/12 | Rented | $1,675 | 0.0% | -- |
| 06/22/2012 06/22/12 | Under Contract | -- | -- | -- |
| 06/16/2012 06/16/12 | For Rent | $1,675 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $12,925 | $777,000 | $416,357 | $360,643 |
| 2023 | $12,925 | $649,676 | $269,500 | $380,176 |
| 2022 | $15,893 | $804,764 | $385,000 | $419,764 |
| 2021 | $13,315 | $611,700 | $357,500 | $254,200 |
| 2020 | $10,999 | $512,800 | $357,500 | $155,300 |
| 2018 | $11,227 | $507,117 | $357,500 | $149,617 |
| 2017 | $9,977 | $447,351 | $357,500 | $89,851 |
| 2016 | $8,659 | $388,271 | $268,125 | $120,146 |
| 2015 | $8,100 | $330,792 | $206,250 | $124,542 |
| 2014 | $8,100 | $340,374 | $206,250 | $134,124 |
Source: Public Records
Agents Affiliated with this Home
-
Johnny Devora
-
Brian Copland
Buyer's Agent in 2023
Brian Copland
eXp Realty, LLC
(512) 576-0288
3 in this area
145 Total Sales
-
Mark Strub
Seller's Agent in 2012
Mark Strub
Strub Residential
(512) 922-8992
69 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 5597071
APN: 209012
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