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Austin 78744 McKinney
5424 Walnut Grove DR
$340,000
↓ $43K (11.1%)
House - For Sale

5424 Walnut Grove DR

Austin, TX 78744
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1271 Sqft
$2,234
Estimated Monthly
$0
HOA / Fees
6.11%
Cap Rate

About This Property

Property has been slashed for an as-is sale.  This is a great home. Over $100,000 in upgrades. Ready for immediate move in & use as a short/long-term rental (as owner did) earning over $3,000 a mo, while its value grows. An incredible value, great investment, nice neighbors, no HOA & quick easy access! Don't miss out on this exceptional property! Fairway Ridge, is a great neighborhood tucked away in southeast Austin; offering a stylish, well-built home on a hill in a partial cul-de-sac; serene atmosphere & unbeatable convenience. 6 miles from downtown & the Airport, 4 miles to McKinney Falls, w/nearby bus stops, hike/bike paths, parks & golf courses. Walk 1-quiet block to Dove Springs Park with a public pool, recreation center, playground, sports fields, trails. Onion Creek Greenbelt, Soccer Complex & Dog Park are nearby, as are Independence, Meanwhile & Pinthouse Breweries, & Radio East, all offering live music & other events. Circuit of the Americas racetrack & event center is a quick 10-miles away, with big concerts, Formula One, MotoGP, NASCAR & other big events. Home improvements include remodeled master bath, featuring deep soaking tub, red penny & white tile work, new sinks & cabinets, w/connected large walk-in closet. New 3-ply 30-year roof installed Dec. 2018. Big backyard has a beautiful oak tree & six clumping (non-spreading) Emerald Bamboo plants ($2,500) planted in '19; they are the most freeze resistant, & resilient to drought. A new $8,500 high-capacity HVAC system w/ extra attic insulation, added in '21. In '22 rain gutters were added, new plank flooring & water heater installed, interior walls painted & kitchen remodeled, w/new appliances, granite countertops, sinks & stove. Attached 2-car garage has a garage door opener & access to the large attic w/ ample additional storage. Your new home combines style, comfort & convenience; a steady investment & an idyllic retreat in SE Austin.
Unit Size
1,271Ft²
Days on Market
68 days
Land Size
0.16 acres
Price per sqft
$268
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1997
Listed By
Last updated: 12 days ago (Unlock MLS #ACT8957096)

Price History

Date / Event Date Event Price
Apr 23, 2024 Price Decreased $340,000
↓ $43K (11.1%)
Price Decreased
Apr 12, 2024 Price Increased $382,500
↑ $23K (6.3%)
Price Increased
Apr 3, 2024 Relisted $360,000
Relisted
Mar 29, 2024 In contract -
In contract
Mar 27, 2024 Price Decreased $360,000
↓ $15K (4%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Parking Details
Covered Spaces: 2
Total Number of Parking: 2
Parking Features: Attached
Garage Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 2

Interior Information

Interior Features: Breakfast Bar, Ceiling Fan(s), Granite Counters, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range
Flooring Type: Laminate
Cooling: Central Air
Heating: Central, Natural Gas
Living Area: 1271

Room 1

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

Room 2

Level: Main
Type: Primary Bathroom
Features: Full Bath

Room 3

Level: Main
Type: Kitchen
Features: Breakfast Bar

Room 4

Level: Main
Type: Dining Room
Features: Dining Room

Room 5

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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,183
  • Total Building Area: 1,671
  • Gross Building Area: 1,671
  • Building Area: 1,271
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: FAIRWAY RIDGE AMENDED
  • Land Acres: 0.165
  • Legal Description 1: LOT 19 FAIRWAY RIDGE AMENDED

Ownership

  • Current Owner : LOKE KAREN
  • Current Owner 2: LOKE KAREN
  • Previous Owner : HERRERA DAVID
  • Owner Before Previous Owner: MONTALVO DENISE M
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002448

Geography

  • Assessors Map Reference: 0322031424
  • Account Number: 295173
  • Parcel: 295173
  • Block: A
  • Lot: 19
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.1902
  • Longitude: -97.7389

    Address

  • Full Address: 5424 Walnut Grove Dr
  • Address - House Number: 5424
  • Address - Street Name: Walnut Grove
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C007
  • 4-Digit Zip Code: 4612
  • Zip Code: 78744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,039
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2416
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 382,851
  • High Value: 475,369
  • Low Value: 290,332

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,000
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $163,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $374,394
  • Market Land Value: $120,000
  • Market Improvement Value: $254,394

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,394
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $254,394

    Sales

  • Current Sale Contract Date: Nov 29, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11541824583
  • Current Sale Price: $200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2018185446
  • Previous Sale Recording Date: Feb 13, 2009
  • Previous Sale Contract Date: Feb 11, 2009
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: DBA MISSION MORTGAGE OF TEXAS
  • Previous Mortgage Transaction Date: Feb 13, 2009
  • Previous Mortgage Loan Amount: $91,269
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Mar 01, 2039

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,146 ft²
$314/ft²
$359,900 Jan 10, 2024
- Nov 30, -0001
$485/mo
House
3 Beds
2 Baths
1,160 ft²
$275/ft²
$319,000 Jan 20, 2024
- Nov 30, -0001
-
House
3 Beds
2 Baths
1,120 ft²
$329/ft²
$369,000 Nov 17, 2023
- Nov 30, -0001
$606/mo
House
3 Beds
2 Baths
1,095 ft²
$291/ft²
$319,000 Oct 11, 2023
- Nov 30, -0001
$429/mo
House
3 Beds
2 Baths
1,170 ft²
$282/ft²
$330,000 Nov 8, 2023
- Nov 30, -0001
$582/mo
House
3 Beds
1 Bath
1,008 ft²
$317/ft²
$320,000 Feb 23, 2024
- Nov 30, -0001
-
House
3 Beds
2 Baths
1,149 ft²
$313/ft²
$360,000 Apr 3, 2024
-
-
House
3 Beds
2 Baths
1,305 ft²
$276/ft²
$360,000 Feb 9, 2024
-
-
House
3 Beds
2 Baths
1,300 ft²
$284/ft²
$369,000 Feb 15, 2024
-
$560/mo
House
3 Beds
3 Baths
1,479 ft²
$226/ft²
$334,900 Dec 12, 2023
-
$499/mo
House
3 Beds
2 Baths
1,174 ft²
$340/ft²
$399,000 Feb 26, 2024
-
-
House
3 Beds
2 Baths
1,082 ft²
$356/ft²
$385,000 Nov 24, 2023
-
-

About Southeast Austin


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Frequently Asked Questions

When was property at 5424 Walnut Grove Drive built and last sold?
The property at 5424 Walnut Grove Drive was built in 1997 and last sold on Nov 29, 2018 for $200,000.
How much is this home worth?
The estimated value of the home located at 5424 Walnut Grove Drive is $376,774.
What are some comparable homes to 5424 Walnut Grove Drive?
Homes that are comparable to 5424 Walnut Grove Drive include a house property at 5403 Lark Creek Drive, 5000 Lark Creek Cove, 4706 Turnstone Drive.

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