$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 showng/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 a 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.