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8702 Silverhill Lane

8702 Silverhill Lane, Austin, TX 78759
Property in Westover Hills
Sold Aug 12, 2022
Transfer
$250,000 by Independent Bank
Mortgage Due Oct 01, 2032
Sold Sep 11, 2017
$312,500
$250,000 by Independent Bank
Mortgage Due Oct 01, 2032
Local assessors in Austin, TX have categorized 8702 Silverhill Lane as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 11,648 square feet. The linear feet between the front and back of the lot was measured at 1,370 ft and the front of the lot was measured at 870 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8702 Silverhill Lane has a total of 2,782 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 507 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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. The building has a gable style roof that was made of metal. 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. Prior to that sales transaction, the property was also sold in Sep 8, 2017 for $312,500. 8702 Silverhill Lane was last assessed in 2023. The total value of the property was assessed at $909,495. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,468. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 507
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,648
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 870
  • Total Building Area: 3,289
  • Gross Building Area: 3,289
  • Building Area: 2,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTOVER HILLS SEC 3 PHS 3
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BLK F WESTOVER HILLS SEC 3 PHS 3

Ownership

  • Current Owner : DAVEE LIVING TRUST
  • Previous Owner : DAVEE DAVID W
  • Previous Owner 2: DAVEE PAULA K
  • Owner Before Previous Owner: HALTER JOHN GARY
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 030200

Geography

  • Assessors Map Reference: 0247011117
  • Account Number: 253962
  • Parcel: 253962
  • Block: F
  • Lot: 10
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.381
  • Longitude: -97.7481

    Address

  • Full Address: 8702 Silverhill Ln
  • Address - House Number: 8702
  • Address - Street Name: Silverhill
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Austin
  • Carrier Code: C003
  • 4-Digit Zip Code: 7417
  • Zip Code: 78759

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,468
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2503
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 64
  • Final Value: 1,093,472
  • High Value: 1,367,188
  • Low Value: 819,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: INDEPENDENT BANK
  • First Open Lien Mortgage Recording Date: Sep 11, 2017
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2032

    Market Valuation

  • Market Total Value: $1,369,136
  • Market Land Value: $500,000
  • Market Improvement Value: $869,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $909,495

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Transaction ID: 11894659764
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 137351
  • Previous Sale Recording Date: Sep 11, 2017
  • Previous Sale Contract Date: Sep 08, 2017
  • Previous Sale Amount: $312,500
  • Previous Sale Document Type: Vendor's Lien

    Previous Mortgages

  • Previous Mortgage Lender: INDEPENDENT BANK
  • Previous Mortgage Transaction Date: Sep 11, 2017
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2032

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Frequently Asked Questions

What neighborhood is 8702 Silverhill Lane located in?
The 8702 Silverhill Lane is a located in the neighborhood of Westover Hills in Westover Hills, Austin.
What is the average sales price for listings in 8702 Silverhill Lane?
The average sales price for units in 8702 Silverhill Lane is $0 currently.

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