5402 Avenue F, Unit A & B
5402 Avenue F, Unit A & B
$1,225,000
6
3
1
2,577
2,577
$475
Closed 7/7/22
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.
- Listed by Paula Preston • TREC #0664403 • Central Metro Realty
Property Details for 5402 Avenue F, Unit A & B
Subdivision Name
Highlands
WaterfrontNo
Waterfront DescriptionNone
Water Access DescriptionNone
ViewCity
View YNYes
Pets AllowedNegotiable
Parcel Number5402 Avenue F Austin, TX 78751
Location
LISTING UPDATED: 07/17/2022 07:33 AM
Property Details for 5402 Avenue F, Unit A & B
Status | Closed |
---|---|
MLS # | 7723963 |
Days on Market | 40 |
Taxes | $21,846 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 2013 |
Lot Size | 0.14 AC / 6,229 SF |
County | Travis County |
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 5402 Avenue F, Unit A & B
Property History for 5402 Avenue F, Unit A & B
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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