HouseCanary, Inc. Brokerage

11815 Lochridge Dr., Austin, TX 78758

Multifamily
-- Bed
4 Baths
2,200 Sq Ft
12 Days on Market

Listing Agent & Comments

Michael VasquezHQR Investments
512-803-1156michael@hqrinvestments.com License #0466501
This remodeled duplex is in great condition and just a short distance from nearby parks and shops. Gracy Farms is an established neighborhood with easy access to Hwy 183 and Mopac. The Domain shopping center and business park are close by giving you options for places to eat, shop, and drink. Only about a 20-minute commute to Downtown, this is a rare opportunity to get an amazing return on investment. The owner/seller is a licensed Texas Real Estate Broker. He's currently operating these units as a short-term rental. Both units earn a total income of $3,500 per month. He would like to continue leasing and renewing every two years. This would make it more cost-effective for the new buyer since there would be no loss of income due to lease turnovers. Partial owner finance or leaving one or both leases early can also be an option.

MLS# 2535008 • Data provided by Unlock MLS
Additional home details
Living Area2,200 Sq.Ft.
Lot Size9,104 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms4
Stories1
Year Built1983
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2023
Tax Amount$6,985
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$652,535
ComeHome Estimated Value
What influenced our estimate?
Typical homes in this area are on average 1,870 sq. ft.
Home
330 square feet larger than the typical square footage
+ $36,900 to value
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house
For Sale $675,000
Estimated monthly payment $3,467
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Courtesy of HQR Investments