C
Seller's Agent in 2021
Cathy Louis
Central Austin Real Estate
(512) 913-8912
1 in this area
32 Total Sales
917 E 40th St Austin, TX 78751
Hyde Park NeighborhoodEstimated Value: $467,000 - $973,000
Studio
1
Bath
2,578
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Guest House
- Horses Allowed On Property
- Loft
- Russell Lee Elementary School Rated A-
- Wood Flooring
- No HOA
About This Home
As of August 2021Fabulous Hyde Park income producing property on nearly a quarter acre! A rare opportunity to own a duplex with two separate residences, plus a guest house/office/loft! Currently leased to UT grad students until June 2022 with $3,900 in rent--and potential for additional $800 for a Unit B roommate, one room currently not rented, for easy potential total min rent of $4,700. Unit A consists of a charming and spacious 2/1 home built approximately in 1927 and an uber cool 1/1 loft built in 2002. Unit B is an amazing 3/2 residence, also built in 2002. Excellent current income producing opportunity and/or future owner occupy / condo regime. Rented consistently to UT grad students for years, with strong word-of-mouth referrals. New roof! Less than 2 miles to the center of campus, the UT Tower, or about a 10-minute bicycle ride. Hard-to-find opportunity in Hyde Park, one of the most coveted central Austin areas in town!
Last Agent to Sell the Property
Central Austin Real Estate License #0593059 Listed on: 07/16/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,570
Year Built
- Built in 2002
Lot Details
- 10,803 Sq Ft Lot
- North Facing Home
- Interior Lot
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Shingle Roof
- Composition Roof
- HardiePlank Type
Interior Spaces
- 2,578 Sq Ft Home
- 2-Story Property
- Living Room
- Home Office
- Loft
- Washer and Electric Dryer Hookup
Kitchen
- Gas Oven
- Gas Range
- Tile Countertops
Flooring
- Wood
- Linoleum
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 6 Parking Spaces
- Off-Street Parking
Schools
- Lee Elementary School
- Kealing Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Guest House
- Horses Allowed On Property
Listing and Financial Details
- Legal Lot and Block 1 / 8
- Assessor Parcel Number 02170905210000
- 2% Total Tax Rate
Community Details
Overview
- No Home Owners Association
- Plainview Heights Subdivision
- The community has rules related to deed restrictions
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2022
Sold by
Robert Santangelo
Bought by
Williams James P
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
$800,000
Outstanding Balance
$680,637
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$102,990
Purchase Details
Closed on
Feb 28, 1997
Sold by
Bernal Dolores
Bought by
Mojica Luis
Purchase Details
Closed on
Apr 21, 1995
Sold by
Boyd Cynthia A and Boyd Wilbor L
Bought by
Mojica Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,600
Interest Rate
8.33%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Williams James P | -- | -- | |
| Mojica Luis | -- | -- | |
| Mojica Luis | -- | Gracy Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams James P | $800,000 | |
| Previous Owner | Mojica Luis | $67,600 | |
| Closed | Mojica Luis | $10,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2021 08/17/21 | Sold | -- | -- | -- |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 07/16/2021 07/16/21 | For Sale | $855,000 | -- | $332 / Sq Ft |
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 | $18,493 | $848,085 | $406,476 | $441,609 |
| 2023 | $18,493 | $777,600 | $350,000 | $427,600 |
| 2022 | $15,357 | $777,600 | $385,000 | $392,600 |
| 2021 | $17,136 | $787,239 | $357,500 | $456,248 |
| 2020 | $15,350 | $715,672 | $357,500 | $358,172 |
| 2018 | $14,894 | $672,720 | $357,500 | $327,434 |
| 2017 | $13,639 | $611,564 | $357,500 | $254,064 |
| 2016 | $13,931 | $624,667 | $268,125 | $431,209 |
| 2015 | $8,292 | $567,879 | $206,250 | $442,864 |
| 2014 | $8,292 | $516,254 | $206,250 | $310,004 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Louis
-
Tony Lazarov
Buyer's Agent in 2021
Tony Lazarov
Rebel Realty Investments LLC
(512) 762-8669
12 in this area
55 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3957200
APN: 211851
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