8307 Garcreek Circle

Austin, TX 78724

$799,900
Price
12
Beds
8
Baths
4,066 Sq. Ft.
$197 / Sq. Ft.
4,066
Sq. Ft.
$197
per Sq. Ft.

Description

Attention investors! This is a remarkable investment opportunity! Situated less than 15 minutes from the Tesla factory in Austin, one of the most sought-after locations, this property has recently undergone extensive renovations, including a new roof, siding, and exterior paint job, along with upgraded electrical boxes in all units. Additionally, two newer AC units with various upgrades have been installed in most of the units. Each unit comes fully equipped with appliances, ceiling fans in most...Attention investors! This is a remarkable investment opportunity! Situated less than 15 minutes from the Tesla factory in Austin, one of the most sought-after locations, this property has recently undergone extensive renovations, including a new roof, siding, and exterior paint job, along with upgraded electrical boxes in all units. Additionally, two newer AC units with various upgrades have been installed in most of the units. Each unit comes fully equipped with appliances, ceiling fans in most rooms, and either laminate or hard tile flooring. Enjoyable features like a spacious backyard are also included for tenants. This fourplex holds significant potential, offering ample opportunities for rent increases. With ongoing changes in the surrounding area, now is the ideal time to make this investment in one of the best four-plex properties in Austin. Act fast, as opportunities like this ain't gonna last!
  1. Listed by Marc Contreras • TREC #0434793 • BVP Realty • (512) 906-2717

Property Details for 8307 Garcreek Circle

Subdivision Name
Colony Meadows Sec 02
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
None
View YN
No
Pets Allowed
Negotiable
Parcel Number
02173804030000

Location

Listing Courtesy of BVP Realty, Marc Contreras, TREC #0434793
Add your commute
LISTING UPDATED: 03/11/2024 10:06 AM

Property Details for 8307 Garcreek Circle

StatusActive
MLS #3402128
Days on Market53
Taxes$10,465 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1986
Lot Size0.25 AC / 10,994 SF
CountyTravis County

Location

Listing Courtesy of BVP Realty, Marc Contreras, TREC #0434793
Add your commute

Building Information for 8307 Garcreek Circle

Stories2Residences-Year Built1986Building Size-Lot Size0.25 AC / 10,994 SF

Payment Calculator

$5,237 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,365

Property Taxes

$872

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8307 Garcreek Circle

General Information
Parking
  • Garage Spaces: 0
  • Parking Features: Asphalt, Parking Lot
  • Garage: No
  • Covered Spaces: 0
Interior
  • Interior Features: Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Linoleum, Tile
  • Other Equipment: None
  • Appliances: Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Fireplace: No
  • Fireplaces Total: 0
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Restrictions: City Restrictions, Deed Restrictions, See Remarks
Exterior
  • Exterior Features: None
  • New Construction: No
  • Construction Materials: Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: None
  • Roof: Composition
  • Fencing: Chain Link, Fenced, Wood
  • Direction Faces: West
  • Window Features: Aluminum Frames
  • Accessibility Features: None
  • Community Features: None, Curbs
Property Information
Lot Information
  • Lot Features: Back Yard, Trees Medium Size
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Electric
  • Heating YN: Yes
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available
  • Owner Pays: Management
  • Water Source: Public
Unit Information
Unit 1
  • UnitNum: A
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,250.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 09-30-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: Yes
  • Deposit: $1,200.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 2
  • UnitNum: B
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,250.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 05-31-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: Yes
  • Deposit: $1,250.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 3
  • UnitNum: C
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,300.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 06-30-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: Yes
  • Deposit: $1,300.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Unit 4
  • UnitNum: D
  • BedsTotal: 3
  • NumFullBaths: 2
  • NumHalfBaths: 0
  • BathsTotal: 2
  • Furnished: Unfurnished
  • ActualRent: $1,400.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 05-31-2024
  • PetDeposit: $.00
  • PetDepositPerPetYN: Yes
  • Deposit: $1,400.00
  • MonthToMonthYN: No
  • FireplaceYN: No
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $529,908
  • Tax Year: 2022
  • Tax Rate: 1.97%
Showing Information
Showing Information
  • Security Features: Smoke Detector(s)
  • Directions: East on Hwy 290. Right on Decker Lane. Rt on Colony Loop. Left on Riverstone. Rt on Garcreek.

Property History for 8307 Garcreek Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8307 Garcreek Circle

Taxable ValueLand$75,000Additions$542,243Total$617,243
Tax Record2022$10,465 ($872 / month)
Home Facts
Total Finished SqFt4,066 SqFtAbove Grade Finished SqFt4,066 SqFtStories2Lot Size10,995 SqFtStyleQuadraplexYear Built1986CountyTRAVISAPN0217380403

Schools near 8307 Garcreek Circle

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
Overton Elementary School
PublicPK to 5

Dobie Middle School
Public6 to 8

Lbj High School
Public9 to 12

Garcia Ymla
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.

Similar Homes

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8307 Garcreek Circle is a multi-family home for sale in Austin, TX 78724. This property was listed for sale on March 11, 2024 by BVP Realty, it's currently listed at $799,900. It has been on the market for a total of 53 days and was last sold on February 12, 2020. This listing's school district is Austin Independent School District. Nearby schools include Overton Elementary School, Dobie Middle School and Lbj High School. 8307 Garcreek Circle is a 12-bed, 8-bath, 4,066 sqft multi-family home built in 1986.

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 BVP Realty, Marc Contreras, TREC #0434793

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.