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Description Open House Details Location Market Trends Schools
$825,000 Est. $2,934 / mo.*

7402 Geneva Drive Austin , TX 78723

Property listed by Spyglass Realty 512-759-0889 512-934-1411

Description

Property Type: Duplex
Status: Active
Year Built: 1985
Neighborhood: University Hills Sec 04 Ph 04
Days on Website: 63
Great income producing investment duplex in coveted University Hills, ideally situated next to major highways IH-35, Highway 183 and 290 sitting on over a quarter acre and a Low Tax Rate of 1.9%. Earnings 2023 = $45,000. Can also be an AIRBNB with City Approval. 5% down if you plan to live in one unit and rent the other one out. Enjoy ownership of this 4 bedroom 4 bathrooms 2 laundry rooms and 2 car garage duplex in an established neighborhood with mature trees and parks perfect for families, with a deck overlooking Walnut Creek perfect for entertaining and relaxing while enjoying the outdoors. Recent renovations include roof replacement, updates to the bathrooms and laundry rooms and a new AC unit. Just under 10 minutes to downtown Austin, UT, Austin Community College, Domain in North Austin giving you a variety of restaurants and shopping options, Austin FC Stadium and major tech company employers. For a savvy investor this positive cashflow property offers a promising opportunity to make your own interior cosmetic updates for instant value add and rent increases in this quiet family neighborhood with no HOA and a ton of new construction development. The property has 2 leased Units with long-term tenants and leases end in March 2024 and July 2024: Unit A (2-2, separate Laundry Room + 1 car garage) & unit B (2-2, separate Laundry Room + 1 car garage). Don't Miss Out! Lenders available.

Open House

Property Details and Features

Appliances & Equipment
Convection Oven
Cooktop
Building
Built in 1985
Stories:
1
2,044 sqft living area
Brick
Community
Barbecue
Playground
Park
[+] Read More

Contact an Agent

Mike Caputo

(512) 250-0253

Location

$825,000 -
7402 Geneva Drive Austin , TX 78723
County: Travis

Street View

Nearby Schools

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