$485,000
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1,868 SqFt
SOLD DATE : 03/08/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,868 sqft
Price per Sqft $261
Subdivision Quail Hollow Sec 07
MLS Listing ID 1081870
Sold Date 03/08/24
Originating Board actris
Year Built 1983
Annual Tax Amount $8,301
Tax Year 2023
Lot Size 7,113 Sqft
Property Description
Multiple Offers Received:
Please submit all offers for consideration by 6 pm Wednesday, Jan. 31st.
Charming Duplex in the Heart of North Austin - A Perfect Investment Opportunity!
Welcome to your new property investment in the vibrant and highly sought-after neighborhood of North Austin, just blocks away from the renowned Domain shopping and entertainment district and a stone's throw from the Q2 Stadium. This fantastic duplex offers an incredible opportunity for both homeowners and investors alike. Just minutes away from the Domain and Q2 Stadium, and the Walnut Creek Greenbelt, this duplex is in the epicenter of North Austin's excitement and convenience. This property is rent-ready and offers the unique advantage of the owner occupying one side while renting out the other. Currently, one side is generating $1,250 in monthly rental income, (unchanged for 5 years). There is ample room for increased rental income. Comparable apartments in the area are commanding between $1,500 and $1,750 per month, making this property an attractive investment with great income potential. Additionally, this duplex offers a value-add opportunity by updating or renovating with modern upgrades, which would provide immediate equity.
Each side of this duplex features two generous bedrooms and two full bathrooms. The primary bedroom, complete with an ensuite bathroom, is thoughtfully located at the back of each unit, ensuring added privacy and tranquility. The dining and living room areas seamlessly flow into the kitchen, offering an open concept space with vaulted ceilings. This design creates an inviting and airy atmosphere, perfect for modern living and entertaining. Each side includes a one-car garage with additional space in the driveway. Schedule a showing today and explore the potential that this duplex holds. Contact us for more information.
Both HVACs were completely replaced recently and the roof is new.
Location
State TX
County Travis
Interior
Interior Features Two Primary Baths, Two Primary Suties, Vaulted Ceiling(s), Electric Dryer Hookup, Gas Dryer Hookup, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main
Heating Central
Cooling Central Air
Flooring Tile, Vinyl, Wood
Fireplace Y
Appliance Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, Gas Range, Microwave, Free-Standing Gas Oven, Plumbed For Ice Maker, Washer, Electric Water Heater
Exterior
Exterior Feature See Remarks
Garage Spaces 2.0
Fence Back Yard, Privacy, Wood
Pool None
Community Features See Remarks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View City Lights, Neighborhood, See Remarks
Roof Type Asphalt
Accessibility Accessible Bedroom, Central Living Area, Accessible Closets, Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Reinforced Floors, Safe Emergency Egress from Home, Visitable, Visitor Bathroom, Accessible Washer/Dryer
Porch See Remarks
Total Parking Spaces 6
Building
Lot Description Back Yard, Front Yard
Faces East
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Brick Veneer
New Construction No
Schools
Elementary Schools Pillow
Middle Schools Burnet (Austin Isd)
High Schools Anderson
School District Austin Isd
Others
Pets Allowed Negotiable
Restrictions City Restrictions,Deed Restrictions
Acceptable Financing Cash, Conventional, FHA, FMHA, Lender Approval, VA Loan
Tax Rate 1.9749
Listing Terms Cash, Conventional, FHA, FMHA, Lender Approval, VA Loan
Special Listing Condition Standard
Pets Allowed Negotiable
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