Check Availability

8505 Dempsey Lane

8505 Dempsey Lane, Austin, TX 78748
House in Parkwood
Sold Jun 01, 2018
$299,500
$293,819 by Nations Reliable Lending Llc
Mortgage Due Mar 01, 2050
Sold May 09, 2008
$239,200
$191,396 by Land Mortgage
Mortgage Due Jun 01, 2038
Local assessors in Austin, TX have categorized 8505 Dempsey Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 6,200 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8505 Dempsey Lane has a total of 1,682 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 392 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8505 Dempsey Lane sold most recently in Jun 1, 2018 for a total of $299,500. If you work out the math, that's approximately a cost of $144.41 per sqft. Before that, the property was also sold for $239,200 in May 1, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,044 in taxes each year. 8505 Dempsey Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $394,220. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,200
  • Total Building Area: 2,074
  • Gross Building Area: 2,074
  • Building Area: 1,682
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,682
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKWOOD SEC 1 AMENDED
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 BLK G PARKWOOD SEC 1 AMENDED

Ownership

  • Current Owner : ZEYTINOGLU TARIK
  • Previous Owner : MCNEESE LYNDEE
  • Previous Owner 2: CHERRY ANDREA
  • Owner Before Previous Owner: TUCKER MARK
  • Owner Before Previous Owner 2: TUCKER AMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002423

Geography

  • Assessors Map Reference: 0426151019
  • Account Number: 365105
  • Parcel: 365105
  • Block: G
  • Lot: 4
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.1847
  • Longitude: -97.8093

    Address

  • Full Address: 8505 Dempsey Ln
  • Address - House Number: 8505
  • Address - Street Name: Dempsey
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Austin
  • Carrier Code: C036
  • 4-Digit Zip Code: 4811
  • Zip Code: 78748

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,044
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 507,697
  • High Value: 632,082
  • Low Value: 383,313

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $336,373
  • First Open Lien Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Open Lien Mortgage Recording Date: Feb 26, 2020
  • First Open Lien Mortgage Loan Amount: $293,819
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Oct 19, 2021
  • Second Open Lien Mortgage Loan Amount: $42,554
  • Second Open Lien Mortgage Term: 340
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $467,112
  • Market Land Value: $275,000
  • Market Improvement Value: $192,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2018
  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Transaction ID: 11470630989
  • Current Sale Price: $299,500
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2018085551
  • Previous Sale Recording Date: May 09, 2008
  • Previous Sale Contract Date: May 01, 2008
  • Previous Sale Amount: $239,200
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS RELIABLE LENDING LLC
  • First Mortgage Transaction Date: Jun 01, 2018
  • First Mortgage Loan Amount: $295,548
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: LAND MORTGAGE
  • Previous Mortgage Transaction Date: May 09, 2008
  • Previous Mortgage Loan Amount: $191,396
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Parkwood




Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,146 ft²
Listing by Jeremy Kyle Frost
Unit for rent at

$2,100 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,119 ft²
Listing by Jennifer Page Glasscock
Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,316 ft²
Listing by David Embry
Unit for rent at

$1,999 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,411 ft²
Listing by John Martin
Unit for rent at

$2,105 /mo

  • 2 Beds
  • 2 Baths
  • 1,095 ft²
Listing by Manager
Unit for rent at

$1,954 /mo

  • 2 Beds
  • 2 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 8505 Dempsey Lane located in?
The 8505 Dempsey Lane is a house located in the neighborhood of Parkwood in Parkwood, Austin.
What is the average sales price for listings in 8505 Dempsey Lane?
The average sales price for units in 8505 Dempsey Lane is $0 currently.

Quantcast