3 months on rocket

2302 Tern Cir, Austin, TX, 78744

$449,990

Home List Price

$5,344*

Closing Credit

0 Baths
1,914 SqFt
$235/SqFt
Multi

Location

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2302 Tern Cir, Austin$449,990

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport, Storage
Year Built1982
HeatingCentral, Natural Gas
CoolingCentral Air
WaterfrontNone
ViewNone
MLS #9206299
Lot Size0.32 Acres
StatusActive

About 2302 Tern Cir

Property is a duplex, with each unit being 3 bedrooms and 2 full bathrooms. Lot is .315 ac / 13,721 sq ft, with lots of room to expand & add value. Each unit is 957 sq ft. Unit B has been recently remodeled with new bathroom, HVAC, appliances, paint, and flooring. Unit B is currently vacant, and was last rented at $1,550/month. Market rent would be $1,625. Unit A has long term tenants who are paying $1,435/month. Both units have fenced backyards. Off- street parking with carport and storage. Property is located in a quiet area on a cul-de-sac lot, walking distance to elementary school. Great opportunity for investors with solid cash flow, or owner-occupied investment. Property has always been rented and very close to downtown Austin. Has potential to condo regime A/B into 2 separate units. On a large lot that could add value further development. Live in one side & rent out the other.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 1
  • Living Area: 1,914 SqFt

Listing Office:

  • Office Name: Cavalier Real Estate
  • Office Phone: (512) 656-5787
  • Listing Agent: Richard Spencer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Disposal, Refrigerator
  • Flooring Type: Carpet, Tile, Vinyl, Wood
  • Interior: Open Floorplan, Walk-In Closet(s), Storage

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: None

Parking Information:

  • Parking: Carport, Storage

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Teri Rd, North on Spruce Ln, Left on Tern Circle

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,990
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $6,268
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

2302 Tern Cir vs Austin

93 DAYS ON ROCKET

+21 Days

$449,990

-$116.4K Less

$235/SqFt

-$73 Less

KEY TAKEAWAY

This property is $116.4K less than the Median Sold Price and $73/SqFt less than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #9206299

Listing Office:

  • Office Name: Cavalier Real Estate
  • Office Phone: (512) 656-5787
  • Listing Agent: Richard Spencer

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/23/2024, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,268$281,500
2019$6,037$282,576
2018$4,988$234,827
2017$3,905$225,314

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1011485
5
/10
  • Rodriguez Elementary School

  • 4400 Franklin Park Dr

  • 0.12 miles

  • Public District Grades EE-5

school-card-donut-1011486
5
/10
  • Houston Elementary School

  • 5409 Ponciana Dr

  • 0.44 miles

  • Public District Grades EE-5

school-card-donut-1011487
4
/10
  • Kipp Austin Obras

  • 5107 S Interstate 35 Ste A

  • 0.50 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,432. The most common annual income of people living in Austin, TX is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesTexasTravis CountyAustin787442302 Tern Cir

This home is located at 2302 Tern Cir in Austin, TX and zip code 78744 in the Franklin Park neighborhood. This 1,914 square foot home, which was built in 1982, sits on a 0.32 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $449,990.

In October 2024, from all listings sold in Austin, TX there were more than 66 sold above asking price, over 506 sold below and more than 96 were sold right at the asked price. The inventory of homes for sale in Austin, TX between September 2024 and October 2024 increased by 6.3%. In October 2024 median list price was $566,430 and the average listing age was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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