See Home Value
$475,000
House - Off Market

5008 Majestic DR

Austin, TX 78745
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1200 Sqft
$2,956
Estimated Monthly
$0
HOA / Fees
4.74%
Cap Rate

About This Property

Welcome to this recently updated ranch style home, tucked away in Park Forest of South Austin! Pre-Inspected! No HOA and low tax rate at 1.809! In addition to its oversized lot, it has 3 sizable bedrooms, 1 fully updated bathroom, and a 1-car garage space ready for conversion! (*Buyer to do due diligence with this option). Recently installed tile flooring, fresh paint throughout (including cabinets) and newly updated full bathroom. HVAC, roof, water heater and windows all replaced within the last 10 years! The desirable zip code of 78745 has plenty to offer, including excellent proximity to Hwy 71, IH-35, Loop 1 and to several restaurants and shops in Sunset Valley, Brodie Oaks Shopping Center and Southpark Meadows! Downtown Austin and Lady Bird Lake hike and bike trail are also a short drive away. Showings by appointment only. See photos for floor plan measurements. *1,200 sqft resourced from tax records and includes the heated/cooled garage space with egress window
Unit Size
1,200Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$396
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1960
Last updated: 2 days ago (Unlock MLS #ACT6389245)

Price History

Date / Event Date Event Price
Apr 23, 2024 In contract -
In contract
Apr 11, 2024 Relisted $489,000
Relisted
Apr 11, 2024 Price Decreased $475,000
↓ $14K (2.9%)
Price Decreased
Apr 3, 2024 In contract -
In contract
Mar 20, 2024 Listed by Keller Williams Realty $489,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 7,310
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK FOREST SEC 7
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 21 BLK N PARK FOREST SEC 7

Ownership

  • Current Owner : MOLINA BRENDA
  • Previous Owner : MOLINA RUBEN R
  • Previous Owner 2: MOLINA MARY
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002002

Geography

  • Assessors Map Reference: 0412120216
  • Account Number: 317165
  • Parcel: 317165
  • Block: N
  • Lot: 21
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2191
  • Longitude: -97.7884

    Address

  • Full Address: 5008 Majestic Dr
  • Address - House Number: 5008
  • Address - Street Name: Majestic
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C003
  • 4-Digit Zip Code: 1785
  • Zip Code: 78745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,356
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2508
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 607,702
  • High Value: 760,132
  • Low Value: 455,272

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $149,600
  • First Open Lien Mortgage Lender: SIB MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 20, 2003
  • First Open Lien Mortgage Loan Amount: $79,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2033
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 29, 2011
  • Second Open Lien Mortgage Loan Amount: $69,850
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2027

    Market Valuation

  • Market Total Value: $568,208
  • Market Land Value: $375,000
  • Market Improvement Value: $193,208

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,296

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 1999
  • Current Sale Recording Date: Jul 02, 1999
  • Current Sale Transaction ID: 1169575831
  • Current Sale Price: $68,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 1999060570

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LNDR
  • First Mortgage Transaction Date: Jul 02, 1999
  • First Mortgage Loan Amount: $56,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2029
  • Second Mortgage Loan Amount: $12,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,201 ft²
$348/ft²
$417,500 Dec 16, 2023
- Nov 30, -0001
$657/mo
House
3 Beds
2 Baths
1,254 ft²
$331/ft²
$415,000 Feb 1, 2024
- Nov 30, -0001
$558/mo
House
3 Beds
2 Baths
1,303 ft²
$414/ft²
$539,900 Feb 20, 2024
- Nov 30, -0001
$940/mo
House
3 Beds
2 Baths
1,002 ft²
$454/ft²
$455,000 Jan 18, 2024
- Nov 30, -0001
$756/mo
House
3 Beds
2 Baths
1,112 ft²
$495/ft²
$550,000 Feb 15, 2024
- Nov 30, -0001
$404/mo
House
3 Beds
2 Baths
1,286 ft²
$408/ft²
$525,000 Dec 21, 2023
- Nov 30, -0001
$861/mo
House
3 Beds
2 Baths
1,248 ft²
$361/ft²
$450,000 Apr 26, 2024
-
$426/mo
House
3 Beds
2 Baths
1,205 ft²
$415/ft²
$500,000 Mar 28, 2024
-
$602/mo
House
3 Beds
2 Baths
1,160 ft²
$453/ft²
$525,000 Nov 20, 2023
-
$701/mo
House
3 Beds
2 Baths
1,178 ft²
$424/ft²
$499,000 Mar 14, 2024
-
$773/mo
House
3 Beds
2 Baths
1,184 ft²
$421/ft²
$499,000 Jan 5, 2024
-
$224/mo
House
3 Beds
2 Baths
1,032 ft²
$455/ft²
$469,500 Mar 7, 2024
-
$176/mo

About South Manchaca


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Frequently Asked Questions

When was property at 5008 Majestic Drive built and last sold?
The property at 5008 Majestic Drive was built in 1960 and last sold on Jun 29, 1999 for $68,000.
How much is this home worth?
The estimated value of the home located at 5008 Majestic Drive is $495,560.
What are some comparable homes to 5008 Majestic Drive?
Homes that are comparable to 5008 Majestic Drive include a house property at 1105 Sahara Avenue, 5204 Kings Highway, 5003 Richmond Avenue.

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