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Property listed by Resavvy LLC 512-762-8669 {attribution_contact}
Description
A rare opportunity to own a fully remodeled West Campus House with a very strong cash flow and a 7%+ cap rate. This house had a complete remodel done! The lot also features a backyard and its own parking spaces! The House is fully pre-leased for the Aug 2025 to Aug 2026 term at $9,595 per mo. It is currently leased until July 31st, 2025 for $6600 a month. We are currently marketing the home for Aug 2026 – Aug 2027 pre-lease at $10,770/mo. Large lot with plenty of space for the Buyer to build another home in the back of the lot. Lots of upside coupled with the strong rents and caprate, location, and quality make this an incredible purchase opportunity!
Property Details and Features
Appliances & Equipment
- Dryer
- Dishwasher
- Disposal
- GasOven
- Range
- Refrigerator
- Washer
Bathrooms
- 3 full bathrooms
- 3 total bathrooms
Bedrooms
- 6 total bedrooms
- 6 bedrooms on main level
Building
- Built in 1940
- Stories: 1
- 1,820 sqft living area
- WoodSiding
- One
Disclosures
- LeadBasedPaintDisclosure
- SellerDisclosure
Accessibility Features
- AccessibleWasherDryer
Fence
- BackYard
- ChainLink
Floors
- Wood
Foundation
- Slab
Heating
- Central
Interior Features
- BreakfastBar
- CeilingFans
- TileCounters
Laundry
- InHall
Listing
- Property Subtype: SingleFamilyResidence
- 15 days on market
- Listed on 2024-10-19
Location
- County: Travis
- Subdivision: Carrington
Lot
- 0.1838 acres
- Area: 0.1838
- Alley
- ModerateTrees
- TreesMediumSize
Parking
- AlleyAccess
- OffStreet
- ParkingLot
Possession
- ClosingAndFunding
Property
- UpdatedRemodeled
Roof
- Composition
Schools
- Elementary School: Bryker Woods
- Elementary School District: Austin ISD
- Middle School: Small
- Middle School District: Austin ISD
- High School: Austin
- High School District: Austin ISD
Sewer
- PublicSewer
Taxes
- Annual Amount: $13,479
- Year: 2024
Utilities
- ElectricityConnected
- SewerConnected
- WaterConnected