NOT LISTED FOR SALE

Estimated Value: $366,026 - $452,000

Studio
2 Baths
1,935 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 22, 2023

Current estimated payment $2,805/month

4 Days on Market

Highlights

  • Property is near public transit
  • Wooded Lot
  • No HOA
  • Living Room with Fireplace
  • High Ceiling
  • Neighborhood Views

About This Home

As of September 2023

Welcome to your next savvy real estate investment with SELLER FINANCING AVAILABLE AT 4.5%! This fully occupied duplex presents an incredible chance to own a prime piece of Austin's real estate market. With a desirable 3-bedroom, 1-bathroom layout on both sides, this duplex is a true gem in an unbeatable location.

Property Highlights:

Unit Configuration: 3 bedrooms, 1 bathroom on each side
Occupancy: Fully occupied through June 2024
Income Potential: Immediate rental income stream
Seller Financing: Take advantage of the 4.5% interest rate on a 30-year note with only 20% down, making ownership more accessible and attractive. Benefit from flexibility with a balloon payment at year 7.

Investment Highlights:

Austin's growing population and strong job market guarantee consistent demand for quality rental properties, making this investment a smart long-term choice. The property's prime condition and desirable layout contribute to a reliable rental income stream, ensuring a healthy return on your investment. This B+ renovated duplex with tile and laminate flooring has been thoughtfully upgraded, allowing you to enjoy the benefits of modern living without the hassle of major renovations. Close to the culturally rich downtown corridor, the Domain, and Q2 soccer stadium, that offers a high quality of life. With its flourishing tech sector, renowned universities, and an array of outdoor activities, Austin continues to attract a diverse and vibrant community.

Don't miss out on this rare investment opportunity that combines a prime location, solid rental income, and attractive financing terms. Whether you're a seasoned investor or just entering the market, this duplex is an exceptional addition to your portfolio. Act now to secure your slice of Austin's real estate market! Contact us today to schedule a viewing and explore the potential of this income-generating duplex. Don't wait, as opportunities like these are in high demand!

Last Agent to Sell the Property

Crystal Weigle

eXp Realty LLC License #0682642 Listed on: 08/31/2023

eXp Realty LLC

Last Buyer's Agent

Warren Kull

Coldwell Banker Realty License #0533468

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 8,102 Sq Ft Lot
  • Southeast Facing Home
  • Privacy Fence
  • Wood Fence
  • Level Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Aluminum Window Frames
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Neighborhood Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry in Carport
  • Washer and Electric Dryer Hookup

Parking

  • Attached Garage
  • Carport

Schools

  • Graham Elementary School
  • Dobie Middle School
  • Northeast Early College High School

Utilities

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

Additional Features

  • No Interior Steps
  • Front Porch
  • Property is near public transit

Listing and Financial Details

  • Down Payment Assistance Available
  • Legal Lot and Block 13 / G
  • Assessor Parcel Number 02402101180000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Northcape Subdivision

Amenities

  • Community Mailbox

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

8,102 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Restrictions: None
  • Unit Mix: 2/2
  • Year Built: 1971
  • Direction Faces: SE
  • Directions: IH 35 to Rundburg Lane - East to Middle Fiskville - Left to Northcape - Right to Dallum - Left to Randall
  • Disclosures: Rental Records Available, Seller Disclosure
  • Estimated Taxes: 4333.49
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Privacy, Wood
  • Fireplaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 1935.00
  • Other Equipment: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling-High, Counter-Laminate, Electric Dryer Hookup, French Doors, No Interior Steps, Pantry, Primary Bedroom on Main, Storage, Washer Hookup
  • Laundry Location: In Carport
  • View: Neighborhood
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Accessibility Features: None
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Property Condition: Resale
  • Security Features: None
  • Window Features: Aluminum Frames

Exterior Features

  • Exterior Features: None
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Front Porch, Porch
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached, Carport, Covered

Utilities

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

Association/Amenities

  • Association: No
  • Community Features: Cluster Mailbox

Schools

  • School District: Austin ISD
  • Elementary School: Graham
  • High School: Northeast Early College
  • Middle/Junior School: Dobie (Austin ISD)

Lot Info

  • Lot Features: Level, Near Public Transit, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • Special Assessment: No
  • Parcel Number: 02402101180000
  • Lot Size Acres: 0.1860
  • Lot Size Sq Ft: 8102.16
  • Subdivision Name: Northcape

Rental Info

  • Total Actual Rent: 3050.00
  • Pets Allowed: No

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Block: G
  • Tax Lot: 13
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Sep 22, 2023
Sold by
Bluestone Stephen
Bought by
Austinb Llc
Seller's Agent
Crystal Weigle
eXp Realty LLC
Buyer's Agent
Warren Kull
Coldwell Banker Realty
List Price
$450,000
Views
4
Current Estimated Value
$414,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.63%
Original Mortgage
$307,500
Outstanding Balance
$299,801
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$114,706

Purchase Details

Closed on
May 4, 2004
Sold by
Bluestone David C
Bought by
Bluestone Stephen L

Purchase Details

Closed on
Feb 22, 1994
Sold by
Bluestone Stephen L
Bought by
Bluestone Family Trust Of 1993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,300
Interest Rate
8.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Austinb Llc -- None Listed On Document
Bluestone Stephen L -- None Listed On Document
Bluestone Stephen L -- Atc
Bluestone Family Trust Of 1993 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austinb Llc $307,500
Previous Owner Bluestone Family Trust Of 1993 $44,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold -- -- --
09/04/2023 09/04/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $450,000 0.0% $233 / Sq Ft
03/01/2018 03/01/18 Rented $1,350 0.0% --
02/20/2018 02/20/18 Under Contract -- -- --
02/02/2018 02/02/18 For Rent $1,350 -- --
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 $7,773 $379,814 $101,854 $277,960
2023 $7,867 $434,827 $100,000 $334,827
2022 $10,269 $519,953 $100,000 $419,953
2021 $6,997 $321,453 $75,000 $246,453
2020 $6,372 $297,080 $75,000 $222,080
2018 $6,072 $274,262 $75,000 $199,262
2017 $4,098 $183,770 $50,000 $133,770
2016 $4,098 $183,770 $50,000 $133,770
2015 $3,435 $178,996 $28,000 $150,996
2014 $3,435 $144,323 $28,000 $116,323
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8985021

Unlock MLS (Austin Board of REALTORS®)

APN: 244987

Your Personal Tour Guide

Ask me questions while you tour the home.