Check Availability
$950,000
House - In Contract

4703 Milburn LN

Austin, TX 78702
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2074 Sqft
$5,166
Estimated Monthly
$0
HOA / Fees
3.42%
Cap Rate

About This Property

Discover an extraordinary real estate gem in the heart of Austin, Texas. This property presents a remarkable opportunity for visionary investors and developers. Sitting on a spacious 0.43-acre lot, the value here is not just in the home but in the untapped potential of the land itself. Properties of this size in such a coveted location are a true rarity in the Austin market. Zoned SF-3 allow for ADU or duplex.
Unit Size
2,074Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$458
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1940
Listed By
Paloma Robles
La Casa Realty Group
Last updated: 2 months ago (Unlock MLS #ACT5105068)

Price History

Date / Event Date Event Price
Apr 2, 2024 In contract -
In contract
Mar 23, 2024 In contract -
In contract
Nov 2, 2023 Listed by La Casa Realty Group $950,000
Listed by La Casa Realty Group
Mar 24, 1994 Sold to Julio M Cardona, Rosemary R... $58,100
Sold to Julio M Cardona, Rosemary R...

Property Highlights

Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Parking Features: Carport
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Beamed Ceilings, Primary Bedroom on Main
Appliances: Range
Flooring Type: Laminate, No Carpet
Cooling: Central Air
Heating: Central
Living Area: 2074

Room 1

Level: Main
Type: Primary Bathroom
Features: Full Bath

Room 2

Level: Main
Type: Primary Bedroom
Features: See Remarks, Walk-In Closet(s)

Room 3

Level: Main
Type: Kitchen
Features: Kitchn - Breakfast Area

Fireplace Information

Fireplace Features: None

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,109
  • Total Building Area: 2,074
  • Gross Building Area: 2,074
  • Building Area: 2,074
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,074
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MILBURN ADDN
  • Land Acres: 0.439
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 *& S50 & E10 OFN 150 LOT 6 MILBURN ADDN

Ownership

  • Current Owner : CARDONA JULIO M
  • Current Owner 2: CARDONA ROSEMARY R
  • Previous Owner : ESCALANTE MARY JANE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002111

Geography

  • Assessors Map Reference: 0202160146
  • Account Number: 190041
  • Parcel: 190041
  • Lot: 7,6
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2584
  • Longitude: -97.6984

    Address

  • Full Address: 4703 Milburn Ln
  • Address - House Number: 4703
  • Address - Street Name: Milburn
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Austin
  • Carrier Code: C015
  • 4-Digit Zip Code: 4024
  • Zip Code: 78702

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,410
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 916,420
  • High Value: 1,088,133
  • Low Value: 744,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,371
  • First Open Lien Mortgage Lender: TEMPLE INLAND MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 24, 1994
  • First Open Lien Mortgage Loan Amount: $57,371
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2024

    Market Valuation

  • Market Total Value: $1,086,905
  • Market Land Value: $595,000
  • Market Improvement Value: $491,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,962

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 1994
  • Current Sale Recording Date: Mar 24, 1994
  • Current Sale Transaction ID: 1205955171
  • Current Sale Price: $58,100
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TEMPLE INLAND MTG CORP
  • First Mortgage Transaction Date: Mar 24, 1994
  • First Mortgage Loan Amount: $57,371
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2024

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,822 ft²
$466/ft²
$849,900 Nov 10, 2023
- Nov 30, -0001
$1,218/mo
House
3 Beds
4 Baths
2,087 ft²
$527/ft²
$1,099,000 Jan 9, 2024
- Nov 30, -0001
-
House
3 Beds
3 Baths
1,854 ft²
$499/ft²
$925,000 Nov 2, 2023
- Nov 30, -0001
$1,986/mo
House
3 Beds
4 Baths
2,297 ft²
$478/ft²
$1,099,000 Dec 21, 2023
- Nov 30, -0001
-
Condo
3 Beds
2 Baths
1,647 ft²
$485/ft²
$799,000 Nov 3, 2023
- Nov 30, -0001
$1,524/mo
Condo
3 Beds
4 Baths
1,310 ft²
$607/ft²
$795,000 Jan 25, 2024
- Nov 30, -0001
-
House
3 Beds
3 Baths
1,814 ft²
$537/ft²
$975,000 Mar 20, 2024
-
-
House
3 Beds
3 Baths
1,751 ft²
$557/ft²
$975,000 Mar 20, 2024
-
-
House
3 Beds
2 Baths
1,788 ft²
$441/ft²
$789,000 Mar 15, 2024
-
$31/mo
House
3 Beds
2 Baths
1,810 ft²
$456/ft²
$825,000 Feb 25, 2024
-
-
House
3 Beds
4 Baths
2,424 ft²
$453/ft²
$1,099,000 Mar 1, 2024
-
-
House
3 Beds
1 Bath
1,370 ft²
$602/ft²
$825,000 Mar 4, 2024
-
$727/mo

About Govalle-Johnston Terrace


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Frequently Asked Questions

When was property at 4703 Milburn Lane built and last sold?
The property at 4703 Milburn Lane was built in 1940 and last sold on Mar 14, 1994 for $58,100.
How much is this home worth?
The estimated value of the home located at 4703 Milburn Lane is $965,329.
What are some comparable homes to 4703 Milburn Lane?
Homes that are comparable to 4703 Milburn Lane include a house property at 1129 Walton Lane, 1127 Walton Lane, 3006 Govalle Avenue.

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