Austin, TX 78751,601 E 50th ST

$799,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,866 SqFt


SOLD DATE : 05/14/2021

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,866 sqft

Price per Sqft $235

Subdivision Mueller Fred A

MLS Listing ID 7029606

Sold Date 05/14/21

Originating Board actris

Year Built 1984

Annual Tax Amount $12,198

Tax Year 2020

Lot Size 9,452 Sqft

Lot Dimensions 50 x 188

Property Description

Investment Opportunity in Hyde Park - Duplex on large lot with 3 bed/3bth on each side. leases expire 7/31/2021. Options to remodel and increase rental income or tear down and rebuild. Duplex next door at 601 E. 50th also for sale and is same layout. Rents are lower due to Covid impacting student lease market. Typically rent for $2200 each. Tenants also pay $100 per month for water. Owner also selling two other duplexes in Hyde Park and will be in MLS soon. 4513 Speedway, $869,000, 3x3 on each side and 3408 Cedar St.,$929,000 with a 2/2 and 3/2 on Huge lot. Buy them all for income producing portfolio. Properties sold as-is. No surveys, originals lost in 2014 house fire. Buyer to buy survey. Buyers agent to do due diligence. All units exact same floorplan. Pictures may be of different units.

Location

State TX

County Travis

Interior

Interior Features Ceiling Fan(s), Vaulted Ceiling(s), Electric Dryer Hookup, Walk-In Closet(s), Washer Hookup

Heating Central, Electric, Fireplace(s)

Cooling Central Air, Electric, Separate Meters

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Y

Appliance Dishwasher, Disposal, Electric Range, Exhaust Fan, Electric Oven, Refrigerator, Washer/Dryer, Electric Water Heater

Exterior

Exterior Feature Lighting

Fence None

Community Features Street Lights

Utilities Available Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Connected

View None

Roof Type Composition,Shingle

Accessibility None

Porch None

Building

Lot Description City Lot, Level, Trees-Medium (20 Ft - 40 Ft)

Faces West

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Asphalt,Frame,Vertical Siding

New Construction No

Schools

Elementary Schools Ridgetop

Middle Schools Lamar (Austin Isd)

High Schools Mccallum

School District Austin Isd

Others

Pets Allowed All

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 2.14486

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed All

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
SimpliHŌM - Making Real Estate Simple

SimpliHŌM - Making Real Estate Simple

+1(855) 856-9466

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Austin Evolution Residential
Bought with Respace LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.