$499,000 Price Analysis 5512 Evans AveAustin, TX 78751 4 bed 3 bath 1,363 SqFt ($366/SqFt) 6,098SqFt lot. Built 1965 Listed 2024-04-11, Taxes $11,203 | Ⓧ USDA Ineligible due to location near Austin |
This quaint duplex rents easily but we asked the tenants to move out to facilitate showing/sale. Rents may have been below market for the area (1395/1495). At the time of purchase it had apparently been represented to the city as a single-family, but owner was able to get a variance from the Board of Adjustment for duplex use after adding an attic firewall and filing a new access easement aligning with the location of the driveway.
Recent changes to the development code ordinance may allow for up to 3 unit residential development but duplex use might be limited to the existing structure per the variance. Please do your due diligence particularly because this is brand new situation. We have attached the document that the city referred us to so you can begin your search. Light rail across from property has never been a problem for tenants. Some mentioned enjoying the distance it creates to other properties.
Presented by JULIA REESE at
Providence Management, Inc.
Property MLS #4685129 from UnlockMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $160,184 + $337,500 $497,684 | $11,203 |
2022 | $140,718 + $206,250 $346,968 | $10,832 |
2021 | $89,650 + $206,250 $295,900 | $7,725 |
2020 | $131,172 + $206,250 $337,422 | $6,346 |
2019 | $52,846 + $206,250 $259,096 | $7,411 |
2018 | $52,846 + $180,000 $232,846 | $5,736 |
2017 | $90,399 + $182,250 $272,649 | $5,379 |
2016 | $90,106 + $151,875 $241,981 | $6,378 |
2014 | $65,550 + $111,375 $176,925 | $6,525 |
2014 | $70,837 + $151,875 $222,712 | $5,300 |
2013 | $82,153 + $111,375 $193,528 | $4,436 |
2012 | $unknown + $unknown $181,265 | $4,610 |
2011 | $unknown + $unknown $174,083 | $4,199 |
2010 | $unknown + $unknown $201,130 | $3,840 |
2009 | $unknown + $unknown $189,531 | $4,382 |
2008 | $unknown + $unknown $144,669 | $4,080 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.