NOT LISTED FOR SALE

Estimated Value: $429,255 - $1,087,000

Studio
-- Bath
1,144 Sq Ft
$583/Sq Ft Est. Value

Last Sold January 04, 2022

Current estimated payment $4,072/month

30 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • No HOA
  • Ridgetop Elementary School Rated A
  • Wood Flooring
  • Front Porch

About This Home

As of January 2022

Wonderful investment opportunity to own a duplex in desirable Central Austin with easy access to Mueller, amazing restaurants, great shopping and the University of Texas. Both units have two bedrooms and one bathroom with very livable floorplans.  The property is 0.12 acres, zoned SF-3 and has rear alley access that isn't currently being taken advantage of. The units are all under one roof and there is a carport in between them for nice separation. This carport isn't accessible for parking any longer and is being used as the outdoor space for the front unit. Perhaps this square footage could somehow be incorporated into the interior living space in the future?? Both units have their own washer & dryer hookups.  Recent boundary and tree survey is available and the Owners believe that two of the larger trees on either side of the structure aren't considered protected by the City but we ask that the Buyer verifies this to their satisfaction.  It is possible that these lots could qualify for Small Lot Amnesty that is offered by the City and we encourage the Buyer to research this to fully understand the possibilities for these lots. These properties are combined on the tax records for convenience but can be sold separately.

Last Agent to Sell the Property

Sonya Cunningham

eXp Realty, LLC License #0509384 Listed on: 10/28/2021

eXp Realty, LLC

Last Buyer's Agent

Alan Galinsky

Open House Austin Group LLC License #0729585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,140 Sq Ft Lot
  • Lot Dimensions are 40 x 130
  • South Facing Home
  • Back Yard Fenced
  • Interior Lot
  • Level Lot
  • Mature Trees
  • Wooded Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Free-Standing Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Laundry Room
  • Laundry in Carport
  • Washer and Dryer Hookup

Parking

  • 2 Parking Spaces
  • Alley Access
  • Driveway

Schools

  • Ridgetop Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Additional Features

  • Front Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Ridgetop Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 21 / D
  • Assessor Parcel Number 02221119140000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

5,140 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: City Restrictions, Deed Restrictions
  • Unit Mix: 2/1
  • Year Built: 1958
  • Direction Faces: South
  • Directions: North on Airport from 45th St, right on E 50th, property is on the Left (past 2 new construction homes on very similar lots to this one)
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Estimated Taxes: 6971.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Chain Link, Fenced, Wood
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1144.00
  • Other Contingency Types: Inspection
  • Other Equipment: Dryer Connections, Washer Hookup
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Laundry Location: In Carport, Laundry Room
  • View: None
  • Flooring: Carpet, Vinyl, Wood
  • Accessibility Features: None
  • Appliances: Free-Standing Electric Range
  • Property Condition: Resale
  • Security Features: None
  • Window Features: None

Exterior Features

  • Exterior Features: Exterior Steps, Private Yard
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Front Porch, Rear Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Central, Electric
  • Meter Description: Electric Separate, Water Separate
  • Water Source: Public
  • Cooling: Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • Elementary School: Ridgetop
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Alley Access, Interior Lot, Level, Private, Public Maintained Road, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Lot Size: 40 x 130
  • Special Assessment: No
  • Parcel Number: 02221119140000
  • Lot Size Acres: 0.1180
  • Lot Size Sq Ft: 5140.08
  • Subdivision Name: Ridgetop

Building Info

  • Construction Materials: Frame, Wood Siding
  • New Construction: No

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 2192
  • Tax Lot: 21
  • Tax Rate: 2.22667000000000
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 28, 2021
Sold by
920 E 50Th St Llc
Bought by
Real Courteney E
Seller's Agent
Sonya Cunningham
eXp Realty, LLC
Buyer's Agent
Alan Galinsky
Open House Austin Group LLC
List Price
$499,000
Current Estimated Value
$666,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$350,850
Outstanding Balance
$323,394
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$343,358

Purchase Details

Closed on
May 9, 2005
Sold by
Mchone Marshall and Bentley Margaret
Bought by
920 E 50Th St Llc

Purchase Details

Closed on
Jun 30, 1995
Sold by
Arceneaux John T and Arceneaux Cynthia M
Bought by
Covich Daniel G and Covich Jennifer L R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
9%

Purchase Details

Closed on
Jul 29, 1994
Sold by
Hopkins Walter Rudy
Bought by
Arceneaux John T and Arceneaux Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,834
Interest Rate
8.3%
Mortgage Type
FHA
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
Real Courteney E -- Stewart Title Guaranty Company
Foster-Fell Jera -- Stewart Title Austin Incorpora
920 E 50Th St Llc -- --
Covich Daniel G -- Travis Title Co
Arceneaux John T -- Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster-Fell Jera $350,850
Closed Real Courteney E $467,638
Previous Owner Covich Daniel G $84,600
Previous Owner Arceneaux John T $53,834
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2022 01/04/22 Sold -- -- --
11/27/2021 11/27/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $499,000 0.0% $436 / Sq Ft
11/10/2021 11/10/21 Off Market -- -- --
10/28/2021 10/28/21 For Sale $499,000 -- $436 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $6,123 $402,798 $335,256 $67,542
2023 $9,131 $517,102 $315,000 $202,102
2022 $9,239 $467,800 $402,500 $65,300
2021 $13,629 $626,159 $330,000 $296,159
2020 $11,597 $540,700 $330,000 $210,700
2018 $11,402 $515,000 $330,000 $185,000
2017 $10,851 $462,115 $288,000 $174,115
2016 $9,847 $441,526 $324,000 $117,526
2015 $9,124 $405,000 $270,000 $135,000
2014 $9,124 $383,412 $270,000 $113,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8703765

Unlock MLS (Austin Board of REALTORS®)

APN: 220299

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