7402 Geneva Drive
7402 Geneva Drive
$825,000
4
4
2,044
2,044
$404
Description
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...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.
- Listed by Irene Mwathi • TREC #0722193 • Spyglass Realty • 512-934-1411
Property Details for 7402 Geneva Drive
Subdivision Name
University Hills Sec 04 Ph 04
WaterfrontNo
Waterfront DescriptionNone
Water Access DescriptionNone
ViewNeighborhood
Pets AllowedYes
Parcel Number02262204140000
Tax Lot44
Location
LISTING UPDATED: 03/03/2024 05:03 AM
Property Details for 7402 Geneva Drive
Status | Active |
---|---|
MLS # | 2220916 |
Days on Market | 61 |
Taxes | $11,831 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1985 |
Lot Size | 0.37 AC / 16,134 SF |
County | Travis County |
Location
Building Information for 7402 Geneva Drive
Stories1Residences-Year Built1985Building Size-Lot Size0.37 AC / 16,134 SF
Payment Calculator
$5,488 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 7402 Geneva Drive
Property History for 7402 Geneva Drive
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.
Public Records for 7402 Geneva Drive
Taxable ValueLand$330,000Additions$323,939Total$653,939
Tax Record2022$10,467 ($872 / month)
Home Facts
Total Finished SqFt2,044 SqFtAbove Grade Finished SqFt2,044 SqFtStories1Lot Size16,135 SqFtStyleDuplexYear Built1985CountyTRAVISAPN0226220414
Schools near 7402 Geneva Drive
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 - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Andrews Elementary School PublicPK to 5 | ||
Webb Middle School Public6 to 8 | ||
Lbj High School Public9 to 12 | ||
Sadler Means Ywla Public6 to 8 |
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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