Description
Investor-ready Austin duplex with immediate income and multiple exit strategies. Both remodeled units are leased on 12-month terms: Unit A at $1,650/month and Unit B at $1,450/month, producing $3,100 in gross monthly rent and $37,200 annually. Existing leases may support DSCR-based financing consideration, subject to lender underwriting, expenses and loan terms. Highlights include separate utility meters, a low-maintenance duplex configuration, stable rental history and a fee-simple lot with potential long-term upside. Located in the evolving St. Johns submarket near Downtown Austin, UT, Mueller and major employment centers. Execute as a long-term rental, optimize future rents or hold for appreciation in a central Austin redevelopment corridor. Potential owner-financing option available for qualified buyers, subject to seller approval and mutually acceptable price, down payment, rate and terms. Buyer to independently verify rents, leases, expenses, DSCR eligibility, financing and development potential.
Details
| MLS # | 9068753 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 103 |
| Listing Provided By | Pure Realty | Roland Castillo |
Features
| SQ Feet | 2,376 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.19 |
| Water Front | Yes |
| Property View | None |
Interior
| Interior Features | Ceiling Fan(s), Ceiling-High, High Speed Internet, Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat |
|---|---|
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Central, Electric |
| Appliances | Dishwasher, Disposal, Microwave, Oven, Free-Standing Range, RNGHD, Refrigerator |
| Fireplaces Total | 0 |
| Window Features | Blinds, Double Pane Windows |
| Flooring | Carpet, Tile |
Exterior
| Exterior Features | See Remarks, Private Yard |
|---|---|
| Roof | Composition |
| Foundation Details | Slab |
| Lot Features | Level, Trees-Large (Over 40 Ft) |
| Patio And Porch Features | Deck, Porch |
| Fencing | Fenced, Wood |
| Construction Materials | Hardi Plank Type, Blown-In Insulation |
| Security Features | Smoke Detector(s) |
Parking
| Parking Features | Driveway, Off Street, Open |
|---|---|
| Garage Spaces | 0 |
Utilities
| Utilities | Cable Available, Electricity Connected, High Speed Internet, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 10233 |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78752 |
| Area | 3 |
| Community Name | St Johns College Addn |
| School District | Austin ISD |
| Elementary School | Pickle |
| High School | Northeast Early College |
| Listing VS Median (in St Johns College Addn) | |
Price: $475,000 low | high Med: $1,613 sqft: 2,376 low | high Med: 775 $ / sqft: $200 low | high Med: $3 On site: 103 low | high Med: 124.5 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78752 |
| Area | 3 |
| Community Name | St Johns College Addn |
| School District | Austin ISD |
| Elementary School | Pickle |
| High School | Northeast Early College |
| Listing VS Median (in St Johns College Addn) | |
Price: $475,000 low | high Med: $1,613 sqft: 2,376 low | high Med: 775 $ / sqft: $200 low | high Med: $3 On site: 103 low | high Med: 124.5 | |