NOT LISTED FOR SALE

Estimated Value: $790,823 - $1,240,000

0.2 Acre
$5,135,563 Price per Acre
8,581 Sq Ft Lot

Last Sold April 07, 2023

Current estimated payment $6,540/month

36 Days on Market

Highlights

  • Property is near public transit
  • Trails
  • Level Lot

About This Lot

As of April 2023

3 lots for sale: 2008, 2010, and 2014 Gathright Cove, 78704 Walk to Radio Coffee, Easy Tiger, The Broken Spoke and ~3 miles to downtown Austin!Coolest zip code in Austin? Check. Cul-de-sac privacy? Check. Topography? Flat. This SF-6 zoned lot in 78704 is shovel ready (no demo needed) and one of the best values in the Austin urban core. Note: 2008 & 2010 Gathright Cove are also available as a package sale at $1,945,000 for all 3 lots ($648k per lot) (shovel ready plans for all 3 lots).

Last Agent to Sell the Property

Matt Shaw

Olivos Group License #0494926 Listed on: 12/18/2022

Last Buyer's Agent

Deleigh Hermes

Compass RE Texas, LLC License #0705040

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,622

Lot Details

  • 8,581 Sq Ft Lot
  • Level Lot
  • Open Lot
  • 04061203380000 & 04061203390000
  • The community has rules related to zoning restrictions
  • Zoning described as SF-6

Location

  • Property is near public transit

Schools

  • Joslin Elementary School
  • Covington Middle School
  • Crockett High School

Listing and Financial Details

  • Legal Lot and Block 3 / A
  • Assessor Parcel Number 04061203380000
  • 2% Total Tax Rate

Community Details

Overview

  • Phillips Subdivision

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$12,622

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Multi Lots (Adjacent)
  • Restrictions: City Restrictions, Zoning
  • Additional Parcels Description: 04061203380000 & 04061203390000
  • Additional Parcels: Yes
  • Builder Restricted: No
  • Commercial: No
  • Directions: From Downtown Austin: South on Lamar Blvd, take a left on Menchaca Rd, take a right on Gathright Cove, lot(s) are on the right.
  • Disclosures: Owner/Agent
  • Estimated Taxes: 12621.60
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Intermediary: Yes
  • Mineral: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • View: None

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Water Source: Public

Association/Amenities

  • Community Features: Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Joslin
  • Middle School: Covington
  • High School: Crockett
  • Elementary School: Joslin
  • High School: Crockett
  • Middle/Junior School: Covington

Lot Info

  • Lot Features: Level, Near Public Transit, Open Lot
  • Topography: Flat
  • Parcel Number: 04061203380000
  • Lot Size Acres: 0.1970
  • Lot Size Sq Ft: 8581.32
  • Subdivision Name: Phillips
  • Surface Water: No
  • Zoning Description: SF-6

Building Info

  • New Construction: No

Tax Info

  • Tax Block: A
  • Tax Lot: 3
  • Tax Rate: 2.17670000000000
  • Tax Year: 2022
  • Tax Annual Amount: 12621.60
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Apr 1, 2023
Sold by
Mws Acquisitions Llc
Bought by
Gathright 2008 Llc
Seller's Agent
Matt Shaw
Olivos Group
Buyer's Agent
Deleigh Hermes
Compass RE Texas, LLC
List Price
$1,945,000
Views
16
Current Estimated Value
$1,011,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.39%
Original Mortgage
$1,400,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Miller Asa R and Miller Dorothy T
Bought by
Miller Asa R and Miller Dorothy T

Purchase Details

Closed on
Feb 15, 2002
Sold by
Miller Asa R and Miller Dorothy
Bought by
Miller Asa R and Miller Dorothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,550
Interest Rate
6.87%

Purchase Details

Closed on
Sep 18, 2000
Sold by
Miller Asa R and Miller Dorothy T
Bought by
Miller Asa R and Miller Dorothy T
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
Gathright 2008 Llc -- None Listed On Document
Miller Asa R -- --
Miller Asa R -- First American Title
Miller Asa R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gathright 2008 Llc $1,400,000
Previous Owner Miller Asa R $57,550
Closed Miller Asa R $57,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold -- -- --
01/23/2023 01/23/23 Pending -- -- --
12/18/2022 12/18/22 For Sale $1,945,000 -- $1,073 / 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 $14,301 $957,342 $319,410 $637,932
2023 $14,301 $420,000 $420,000 $0
2022 $11,452 $579,856 $420,000 $159,856
2021 $11,349 $521,404 $252,000 $269,404
2020 $9,733 $453,787 $252,000 $201,787
2018 $9,737 $439,788 $252,000 $187,788
2017 $9,039 $405,314 $231,000 $174,314
2016 $7,562 $339,073 $193,200 $145,873
2015 $6,137 $335,532 $134,400 $201,132
2014 $6,137 $257,859 $152,000 $105,859
Source: Public Records

Agents Affiliated with this Home

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5945368

Unlock MLS (Austin Board of REALTORS®)

APN: 308360