5402 Avenue F, Unit A & B

Austin, TX 78751

$1,225,000
Last List Price
6
Beds
3
Baths
1
1/2 Bath
2,577 Sq. Ft.
$475 / Sq. Ft.
2,577
Sq. Ft.
$475
per Sq. Ft.

Description

6-Figure Income Potential: Hurry to submit your offer in for this lucrative investment before high season! Current investor/owner has 3 prospective tenants at $6,500/mo for Side A, for a potential $8,549 monthly income or $102,588 gross annual rent. Low maintenance costs. Price slashed for quick close, well under TCAD appraised value; protest in place before deadline to help your bottom line. Stunning 5/2.5 + 1/1 popular high-end rental in coveted North Loop/North Hyde Park. Convenient to major employers,...6-Figure Income Potential: Hurry to submit your offer in for this lucrative investment before high season! Current investor/owner has 3 prospective tenants at $6,500/mo for Side A, for a potential $8,549 monthly income or $102,588 gross annual rent. Low maintenance costs. Price slashed for quick close, well under TCAD appraised value; protest in place before deadline to help your bottom line. Stunning 5/2.5 + 1/1 popular high-end rental in coveted North Loop/North Hyde Park. Convenient to major employers, Apple & MoPac Xpress to whisk past heavy traffic. Walkable to entertainment, Triangle. Current total lease $6,453/mo to 7/31/22; lucrative academic rental option potential $2K/bed/mo. Cashflow plus outstanding appreciation average $200K+/yr in an area of rapid redevelopment w/no vacancy. Good bus lines/bike paths. ~$450/yr maintenance costs. 2 ACs w/warranties for 6+yrs. Austin rents have risen dramatically in the past few months as many highly paid employees move here--feel free to call owner/agent for insights and rent history. Outstanding STR potential; analysis by request from Premier Host owner. Owner will help to secure new lease if desired. Seize this opportunity! Discount for quick close or direct sale from Seller (me) to Buyer (you) for unrepresented buyers. Why would the debt-free owner give up this cash-flow gem? She wants to explore the Berlin market. Bring all reasonable offers! All of you who couldn't make your numbers work: it's time to redo those numbers.
  1. Listed by Paula Preston • TREC #0664403 • Central Metro Realty

Property Details for 5402 Avenue F, Unit A & B

Subdivision Name
Highlands
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City
View YN
Yes
Pets Allowed
Negotiable
Parcel Number
5402 Avenue F Austin, TX 78751

Location

Listing Courtesy of Central Metro Realty, Paula Preston, TREC #0664403

Sold By John P. Cummings Jr., John Cummings, TREC #0662316

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LISTING UPDATED: 07/17/2022 07:33 AM

Property Details for 5402 Avenue F, Unit A & B

StatusClosed
MLS #7723963
Days on Market40
Taxes$21,846 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2013
Lot Size0.14 AC / 6,229 SF
CountyTravis County

Location

Listing Courtesy of Central Metro Realty, Paula Preston, TREC #0664403

Sold By John P. Cummings Jr., John Cummings, TREC #0662316

Add your commute

Building Information for 5402 Avenue F, Unit A & B

Stories2Residences-Year Built2013Building Size-Lot Size0.14 AC / 6,229 SF

Payment Calculator

$8,506 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,685

Property Taxes

$1,821

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5402 Avenue F, Unit A & B

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 4
  • Parking Features: Detached, Garage, Garage Door Opener, Off Street, Private, Garage Faces Rear, See Remarks, Electric Vehicle Charging Station(s)
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Bookcases, Ceiling Fan(s), High Ceilings, Interior Steps, Multiple Living Areas, Main Level Master, Multiple Primary Suites, Open Floorplan, Pantry, Stone Counters, Recessed Lighting, See Remarks, Walk-In Closet(s)
  • Flooring: Concrete, See Remarks, Tile, Wood
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Free-Standing Gas Range, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, See Remarks, Stainless Steel Appliance(s), Tankless Water Heater, Washer
  • Fireplace: No
  • Fireplaces Total: 0
  • Fireplace Features: None
  • Laundry Features: Washer Hookup, Electric Dryer Hookup, Stacked
  • Restrictions: No Lease
Exterior
  • Exterior Features: Lighting, Private Entrance, Private Yard, See Remarks
  • New Construction: No
  • Construction Materials: HardiPlank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, See Remarks
  • Roof: Composition
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Direction Faces: East
  • Window Features: Blinds, See Remarks
  • Accessibility Features: See Remarks
  • Community Features: Storage Facilities, See Remarks
Property Information
Lot Information
  • Lot Features: Alley, Back Yard, Front Yard, Moderate Trees, Private, Sprinklers Automatic
  • Horse: Yes
Location Information
  • Builder Name: Gossett Jones
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Multi Units, Separate Meters, See Remarks
  • Heating YN: Yes
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
  • Owner Pays: Insurance, Repairs, Taxes
  • Water Source: Public
Green Features
  • Green Energy Efficient: Water Heater
Unit Information
Unit 1
  • UnitNum: B
  • BedsTotal: 1
  • NumFullBaths: 1
  • NumHalfBaths: 0
  • BathsTotal: 1
  • Furnished: Unfurnished
  • ActualRent: $2,049.00
  • LeasedYN: Yes
  • LeaseExpires: 02-28-2023
  • PetDeposit: $.00
  • PetDepositPerPetYN: Yes
  • Deposit: $2,998.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: A
  • BedsTotal: 5
  • NumFullBaths: 2
  • NumHalfBaths: 1
  • BathsTotal: 3
  • Furnished: Unfurnished
  • ActualRent: $4,404.00
  • LeasedYN: Yes
  • LeaseExpires: 07-31-2022
  • PetDeposit: $300.00
  • PetDepositPerPetYN: Yes
  • Deposit: $3,899.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $1,456,944
  • Tax Year: 2021
  • Tax Rate: 2.18%
Showing Information
Showing Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Directions: From Mopac Express Lane to whisk past traffic: Head East on Koenig/2222, Rt. on Avenue F; from UT head north on Red River; left on 53rd; right on Avenue F. Access garage from alley.

Property History for 5402 Avenue F, Unit A & B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5402 Avenue F, Unit A & B

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Reilly Elementary School
PublicPK to 5

Lamar Middle School
Public6 to 8

Mccallum High School
Public9 to 12

Rosedale
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Central Metro Realty, Paula Preston, TREC #0664403

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.