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8706 Royalwood Drive

8706 Royalwood Drive, Austin, TX 78750
Sold May 30, 2017
$200,000
$160,000 by Shinhan Bank America
Mortgage Due Jun 15, 2047
Sold Jul 27, 2009
$369,000
$295,200 by Coldwell Banker Mortgage
Mortgage Due Aug 01, 2039
8706 Royalwood Drive has been categorized by the local assessors in Austin, TX as a residential type of property. The building on the property was first built in 1990 and is 34 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8706 Royalwood Drive has 2,666 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,590 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 25,030 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 424 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8706 Royalwood Drive sold most recently in May 16, 2017 for a total of $200,000. If you work out the math, that's approximately a cost of $64.72 per sqft. Before that, the property was also sold for $369,000 in Jul 27, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $11,236 in taxes each year. 8706 Royalwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $688,174. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 424
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 25,030
  • Lot Size Depth Feet: 2,590
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,090
  • Gross Building Area: 3,090
  • Building Area: 2,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TANGLEWOOD ESTATES
  • Land Acres: 0.575
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLK B TANGLEWOOD ESTATES

Ownership

  • Current Owner : KIM SUNG HOON
  • Current Owner 2: LEE YOUNG MI
  • Previous Owner : KIM SUNG HOON
  • Previous Owner 2: KIM SUNGHOOM
  • Owner Before Previous Owner: PARCHER JEAN W
  • Owner Before Previous Owner 2: PARCHER MICHAEL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Round Rock Independent School District
  • School Tax School District: ROUND ROCK
  • Census Tract: 033800

Geography

  • Assessors Map Reference: 0168110705
  • Account Number: 171998
  • Parcel: 171998
  • Block: B
  • Lot: 7
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.4335
  • Longitude: -97.7862

    Address

  • Full Address: 8706 Royalwood Dr
  • Address - House Number: 8706
  • Address - Street Name: Royalwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C053
  • 4-Digit Zip Code: 3524
  • Zip Code: 78750

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,236
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 60
  • Final Value: 927,310
  • High Value: 1,182,598
  • Low Value: 672,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: SHINHAN BANK AMERICA
  • First Open Lien Mortgage Recording Date: May 30, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2047

    Market Valuation

  • Market Total Value: $712,978
  • Market Land Value: $400,000
  • Market Improvement Value: $312,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $688,174

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2017
  • Current Sale Recording Date: May 30, 2017
  • Current Sale Transaction ID: 1588465005
  • Current Sale Price: $200,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2017085799
  • Previous Sale Recording Date: Jul 27, 2009
  • Previous Sale Contract Date: Jul 27, 2009
  • Previous Sale Amount: $369,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: SHINHAN BANK AMERICA
  • First Mortgage Transaction Date: May 30, 2017
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 15, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COLDWELL BANKER MORTGAGE
  • Previous Mortgage Transaction Date: Jul 27, 2009
  • Previous Mortgage Loan Amount: $295,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Northwest Austin



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Frequently Asked Questions

What neighborhood is 8706 Royalwood Drive located in?
The 8706 Royalwood Drive is a located in the neighborhood of Tanglewood Estates in Northwest Austin, Austin.
What is the average sales price for listings in 8706 Royalwood Drive?
The average sales price for units in 8706 Royalwood Drive is $0 currently.

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