When was property at 407 Capitol Drive built and last sold?

The property at 407 Capitol Drive was built in 1963 and last sold on Jun 2, 2021 for $393,800.

How much is this home worth?

The estimated value of the home located at 407 Capitol Drive is $0.

What are some comparable homes to 407 Capitol Drive?

There are currently no comparable homes to 407 Capitol Drive.

Austin

78753

Georgian Acres

407 Capitol DR

Sold on Nov 30, -0001

Map

$245,000

● House - Off Market

407 Capitol DR

Austin, TX 78753

3 Beds

2 Baths

1,176 Ft²

$1,460

Est. Monthly

10.99%

Cap Rate

About This Property

Zoned SF-3 Multifamily. REO property available for CASH BUYERS ONLY. Property is being SOLD AS-IS. The home has noticeable foundation movement, but the roof remains intact and does not leak. Located on a quiet street with large trees and just a short walk to public transit. Convenient access to IH-35, 183, N. Lamar, shopping, and businesses.

The property features a deep backyard, a two-car garage with an attached office (no foundation issues), and an additional storage unit. Please note there is no water or power at the property. Sellers Disclosure and Survey are NOT available.

For additional details, contact the listing agent.

Unit Size

1,176 Ft²

Days on Market

Land Size

0.19 acres

Price per sqft

$208

Property Type

House

Property Taxes

$257

HOA Dues

Year Built

1963

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Last updated: 2 years ago (Unlock MLS #ACT9727040)

Price History

Date / Event	Date	Event
Mar 2, 2025	In contract	-
In contract
Feb 22, 2025	Price Decreased	$245,000 ↓ $25K (9.2%)
Price Decreased
Feb 14, 2025	Relisted	$269,900
Relisted
Jan 29, 2025	In contract	-
In contract
Dec 14, 2024	Listed by Austin Absolute Realty	$269,900
Listed by Austin Absolute Realty
Oct 6, 2021	No longer available	-
No longer available
May 12, 2021	Price Increased	$310,000 ↑ $60K (24%)
Price Increased
May 11, 2021	In contract	-
In contract
May 6, 2021	Listed by Keller Williams - Austin NW	$250,000
Listed by Keller Williams - Austin NW

	UPDATE: WE HAVE MULTIPLE OFFERS, PLEASE SUBMIT BEST AND FINAL BY SUNDAY 6:00 PM. *INVESTOR'S DREAM* LOCATION, LOCATION Zoned SF-3 Multifamily. CASH BUYER ONLY Home is SOLD-AS-IS. Home has noticeable foundation movement however roof does not leak. Walking distance to public transit! access to IH-35, 183 and N. Lamar shopping and businesses. Quiet street with large trees. Home has deep back yard with a two car garage plus office (with no foundation movement) and a 2nd storage unit. The manager has listed the unit size as 1176 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1963

Effective Year Built: 1963
Building Count: 2
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 17
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 4
Garage Square Area: 500
Parking Space Count: 3
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,054

Lot Size Depth Feet: 1,510
Lot Size Frontage Feet: 600
Total Building Area: 1,176
Gross Building Area: 1,176
Building Area: 1,176
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,176
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GEORGIAN ACRES
Land Acres: 0000000185
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: LOT 1A BLK E *RESUB LOT 4 GEORGIAN ACRES

Neighborhood

School District Name: Austin Independent School District

School Tax School District: AUSTIN ISD
Census Tract: 043100

Geography

Assessors Map Reference: 0238180232

Account Number: 242084
Parcel: 242084
Block: E
Lot: 1A,4
Municipality: CITY OF AUSTIN
Latitude: 30.3549
Longitude: -97.6945

Address

Full Address: 407 Capitol Dr

Address - House Number: 407
Address - Street Name: Capitol
Address - Suffix Type: Dr
State: TX
City Name: Austin
Carrier Code: C012
4-Digit Zip Code: 5157
Zip Code: 78753

Valuation

Tax

Tax Year: 2022

Tax Amount: $700,887
Tax Rate Code Area: 68

Appraisal Valuation

Standard Deviation: 0.2526

Valuation Date: Aug 09, 2023
Confidence Score: 64
Final Value: 433,362
High Value: 542,835
Low Value: 323,888

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $360,073

Market Land Value: $233,750
Market Improvement Value: $126,323

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $360,073
Assessed Land Value: $233,750
Assessed Improvements Value: $126,323

Sales

Current Sale Contract Date: Jun 02, 2021

Current Sale Recording Date: Jun 07, 2021
Current Sale Price:

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Current Sale Document Type: 70
Current Sale Input Document Number: 2021127251

Last Sale Mortgage

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Lamar

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$249

Below Asking

0.07%

Average Days on Market

105

Average Home Size

1285 ft²

Average Home Age

41.2 years

Currently For Sale

18 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Listed by: Rodney Bustamante
Listed Office: Austin Absolute Realty - Listing courtesy of Unlock MLS
Phone: (512) 535-1134
Last Updated: 2025-03-16 04:40:12
Data Source: Unlock MLS, MLS# ACT9727040

Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.