Check Availability
$499,400
House - In Contract

3309 Merrie Lynn Ave

Austin, TX 78722
bedrooms
2 Beds
bathrooms
1 Bath
square feet
852 Sqft
$3,200
Estimated Monthly
$0
HOA / Fees
3.57%
Cap Rate

About This Property

**Seller incentive to buyer: Rate buydown assistance or seller paid credit equal to $4500 with closing on or before 5/31/24.** Nestled in the heart of Austin's Cherrywood, this charming 2-bedroom, 1-bathroom cottage with a gigantic basement (an additional convertible  ~850 square feet), this home offers a perfect blend of comfort, character, and convenience. Whether you're a first-time homebuyer or looking for a cozy retreat, this home is a fantastic choice that is walkable to so many of Manor Rd shops & restaurants. Step into a welcoming atmosphere with cozy interiors that exude warmth and charm. The spacious backyard is a blank canvas waiting for your creative touch – perfect for gardening, entertaining, or simply enjoying the Texas sunshine. The unfinished basement provides additional space for storage, a workshop, or the potential to expand the living area to suit your needs. Enjoy easy access to major highways, making your daily commute a breeze. Plus, you're just moments away from a wide array of dining, shopping, and entertainment options. This property presents an excellent opportunity to own a starter home in a sought-after Cherrywood. Primary value is in the land. Basement will need repairs.
Unit Size
852Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$586
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1950
Listed By
Last updated: 3 days ago (Unlock MLS #ACT5948522)

Price History

Date / Event Date Event Price
Apr 26, 2024 In contract -
In contract
Apr 18, 2024 Price Decreased $499,400
↓ $300 (0.1%)
Price Decreased
Apr 1, 2024 Relisted $499,700
Relisted
Mar 28, 2024 In contract -
In contract
Mar 2, 2024 Listed by Olivos Group $499,700
Listed by Olivos Group
Show More

Property Highlights

Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 4
Parking Features: Off Street, Outside
Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Ceiling Fan(s), Quartz Counters, Primary Bedroom on Main
Appliances: Disposal, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
Flooring Type: Carpet, Tile, Vinyl
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Living Area: 852

Room 1

Level: Main
Type: Primary Bedroom
Features: Ceiling Fan(s)

Room 2

Level: Main
Type: Primary Bathroom
Features: Full Bath

Room 3

Level: Main
Type: Kitchen
Features: Quartz Counters, Eat In Kitchen

Room 4

Level: Main
Type: Bedroom
Features: Ceiling Fan(s)

Room 5

Level: Main
Type: Living Room
Features: Ceiling Fan(s)

Room 6

Level: Lower
Type: Basement
Features: Washer Hookup

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 556
  • Garage Square Area: 286
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,780
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,398
  • Gross Building Area: 1,398
  • Building Area: 772
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MCQUOWN A N SUBD
  • Land Acres: 0.179
  • Legal Description 1: LOT 10 BLK C OLT 32-34 DIV C MCQUOWN A N SUBD

Ownership

  • Current Owner : SECOND OAK LLC
  • Previous Owner : MWS CAPITAL LLC
  • Owner Before Previous Owner: RAPID & PROPERTIES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 000402

Geography

  • Assessors Map Reference: 0214120710
  • Account Number: 207501
  • Parcel: 207501
  • Block: C
  • Lot: 10
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2871
  • Longitude: -97.7122

    Address

  • Full Address: 3309 Merrie Lynn Ave
  • Address - House Number: 3309
  • Address - Street Name: Merrie Lynn
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Austin
  • Carrier Code: C058
  • 4-Digit Zip Code: 1608
  • Zip Code: 78722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,826
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 65
  • Final Value: 691,583
  • High Value: 860,640
  • Low Value: 522,527

    Market Valuation

  • Market Total Value: $504,073
  • Market Land Value: $425,000
  • Market Improvement Value: $79,073

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $504,073
  • Assessed Land Value: $425,000
  • Assessed Improvements Value: $79,073

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Transaction ID: 11788360143
  • Current Sale Price: $6,250,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2020167437
  • Previous Sale Recording Date: Jun 07, 2017
  • Previous Sale Contract Date: Jun 02, 2017
  • Previous Sale Amount: $643,800
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: TEXAS HERITAGE NATIONAL BANK
  • First Mortgage Transaction Date: Sep 14, 2020
  • First Mortgage Loan Amount: $5,000,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 11, 2023

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT BANK
  • Previous Mortgage Transaction Date: Jun 07, 2017
  • Previous Mortgage Loan Amount: $515,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jun 05, 2018

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
3 Baths
850 ft²
$647/ft²
$550,000 Sep 29, 2023
- Nov 30, -0001
-
House
2 Beds
3 Baths
927 ft²
$646/ft²
$599,000 Oct 19, 2023
- Nov 30, -0001
-
House
2 Beds
1 Bath
829 ft²
$599/ft²
$496,200 Nov 30, 2023
- Nov 30, -0001
-
House
2 Beds
1 Bath
880 ft²
$545/ft²
$479,990 Feb 1, 2024
- Nov 30, -0001
$916/mo
House
2 Beds
1 Bath
720 ft²
$688/ft²
$495,000 Feb 5, 2024
- Nov 30, -0001
-
House
3 Beds
2 Baths
912 ft²
$493/ft²
$450,000 Feb 15, 2024
- Nov 30, -0001
$499/mo
House
2 Beds
1 Bath
784 ft²
$759/ft²
$595,000 Feb 16, 2024
-
$815/mo
House
2 Beds
1 Bath
896 ft²
$586/ft²
$525,000 Mar 29, 2024
-
$769/mo
House
2 Beds
1 Bath
691 ft²
$803/ft²
$555,000 Jan 10, 2024
-
$695/mo
Condo
2 Beds
3 Baths
1,062 ft²
$470/ft²
$499,000 Mar 14, 2024
-
$195/mo
House
2 Beds
1 Bath
960 ft²
$599/ft²
$575,000 Apr 4, 2024
-
-
Townhouse
2 Beds
2 Baths
1,144 ft²
$401/ft²
$459,000 Feb 16, 2023
-
$330/mo

About Upper Boggy Creek


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Frequently Asked Questions

When was property at 3309 Merrie Lynn Avenue built and last sold?
The property at 3309 Merrie Lynn Avenue was built in 1950 and last sold on Sep 11, 2020 for $6,250,000.
How much is this home worth?
The estimated value of the home located at 3309 Merrie Lynn Avenue is $497,993.
What are some comparable homes to 3309 Merrie Lynn Avenue?
Homes that are comparable to 3309 Merrie Lynn Avenue include a house property at 1008 East 38th 1/2 Street, 3304 Werner Avenue, 1904 East 17th Street.

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