NOT LISTED FOR SALE

Estimated Value: $737,000 - $752,599

-- Bed
4 Baths
3,120 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 15, 2018

Current estimated payment $5,373/month

4 Days on Market

Highlights

  • 4 Fireplaces
  • Laundry in multiple locations
  • Family Room
  • No HOA
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of August 2018

Turn key 4-plex investment property in hot S Austin. Complete makeover/renovation over the past several years including but not limited to new roof, HVAC systems, water heaters, new flooring, interior/exterior paint, black appliances, bath/shower surrounds, vanities, plumbing hardware, fencing and much more.
All units have their own full size washer dryer hookups, storage and private backyards or balconies. Each unit individually metered so tenants pay all utilities. Rents avg $1045 per door.

Last Agent to Sell the Property

Ryan Saunders

Texstar Austin Realty License #0579336 Listed on: 07/27/2018

Last Buyer's Agent

Wade Shoop

Wade C. Shoop License #0558018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,893

Year Built

  • Built in 1983 | Remodeled

Lot Details

  • 8,451 Sq Ft Lot
  • Wood Fence

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Family Room
  • Free-Standing Range
  • Laundry in multiple locations

Schools

  • Kocurek Elementary School
  • Bailey Middle School
  • Akins High School

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Tanglewood Forest Sec 03 Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 28 / A
  • Assessor Parcel Number 04282103330000
  • 2% Total Tax Rate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,893

Year Built

Built in 1983 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Building Area Total: 3120.00
  • Restrictions: None
  • Unit Mix: 2/1
  • Year Built: 1983
  • Directions: From Mopac, exit slaughter lane and head east. Pass westgate and roxanna is on your left before you get to manchaca. 2nd Unit on the left.
  • Estimated Taxes: 9132.00
  • FEMA Flood Plain: No
  • Fencing: Fenced, Wood
  • Fireplaces: 4
  • Guest Accommodation Description: None
  • Levels: Two
  • Living Area: 3120.00
  • Property Panorama: No
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: Multiple Locations
  • View: None
  • Accessibility Features: None
  • Appliances: Free-Standing Range
  • Property Condition: See Remarks, Updated/Remodeled
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: No
  • Waterfront Features: None

Garage/Parking

  • Parking Features: None

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Kocurek
  • Middle School: Bailey
  • High School: Akins
  • Elementary School: Kocurek
  • High School: Akins
  • Middle/Junior School: Bailey

Lot Info

  • Lot Features: None
  • Parcel Number: 04282103330000
  • Lot Size Acres: 0.1940
  • Lot Size Sq Ft: 8450.64
  • Subdivision Name: Tanglewood Forest Sec 03

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3135.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Frame

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 3120
  • Tax Lot: 28
  • Tax Rate: 2.40399000000000
  • Tax Year: 2018
  • Tax Annual Amount: 6893.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Jul 15, 2018
Sold by
9900 Roxanna Llc
Bought by
Jack & Catherine Banks Irrevocable Trust
Seller's Agent
Ryan Saunders
Texstar Austin Realty
Buyer's Agent
Wade Shoop
Wade C. Shoop
List Price
$524,900
Current Estimated Value
$743,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Dec 13, 2006
Sold by
Tallant Richard
Bought by
Athearn Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,300
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Piracha Kashan Zaheer and Nguyen Peter
Bought by
Tallant Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 6, 2004
Sold by
Vega Juan C and Vega Alma L
Bought by
Piracha Kashan Zaheer and Nguyen Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Bryant Alvin T and Bryant Deborah A
Bought by
Vega Juan C and Vega Alma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2000
Sold by
Avis Timothy A and Avis Patricia L
Bought by
Bryant Alvin T and Bryant Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1998
Sold by
Smith Morris M
Bought by
Avis Timothy A and Avis Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jack & Catherine Banks Irrevocable Trust -- None Available
Athearn Robert M -- First American Title
Tallant Richard -- --
Piracha Kashan Zaheer -- Fidelity National Title Ins
Vega Juan C -- --
Bryant Alvin T -- Towne & Country Title Inc
Avis Timothy A -- Texas Professional Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 9900 Roxanna Llc $165,000
Previous Owner 9900 Roxanna Llc $165,000
Previous Owner Brown & Mansfield Lp $175,000
Previous Owner Athearn Robert M $167,300
Previous Owner Tallant Richard $157,500
Previous Owner Piracha Kashan Zaheer $153,600
Previous Owner Vega Juan C $155,200
Previous Owner Bryant Alvin T $137,000
Previous Owner Bryant Alvin T $134,900
Previous Owner Avis Timothy A $115,200
Closed Piracha Kashan Zaheer $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold -- -- --
07/31/2018 07/31/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $524,900 +337.8% $168 / Sq Ft
02/20/2013 02/20/13 Sold -- -- --
01/29/2013 01/29/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $119,900 -- $38 / 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 $15,611 $580,656 $297,751 $282,905
2023 $15,611 $657,994 $275,000 $382,994
2022 $15,746 $733,606 $275,000 $458,606
2021 $13,095 $554,122 $125,000 $429,122
2020 $12,057 $516,409 $125,000 $391,409
2018 $8,811 $366,500 $100,000 $266,500
2017 $6,898 $286,750 $50,000 $236,750
2016 $7,200 $299,298 $50,000 $249,298
2015 $6,314 $271,143 $50,000 $221,143
2014 $6,314 $246,388 $50,000 $196,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2026271

Unlock MLS (Austin Board of REALTORS®)

APN: 344537