$520,000
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1,636 SqFt
SOLD DATE : 03/27/2025
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,636 sqft
Price per Sqft $297
Subdivision Southampton Hills 03
MLS Listing ID 6335323
Sold Date 03/27/25
HOA Y/N No
Originating Board actris
Year Built 1982
Annual Tax Amount $4,971
Tax Year 2024
Lot Size 6,664 Sqft
Acres 0.153
Property Sub-Type Duplex
Property Description
Wonderfully updated duplex in a quiet and desirable 78745 location with great neighbors. Both units were renovated a few years ago with quartz countertops, stainless steel appliances, and a breakfast bar, plus a good-sized dining area. Polished concrete floors and individually fenced backyards are ideal for pets. Each unit has a stone wood-burning fireplace in the living room that delivers a great old-school vibe. The 2br unit (#A) is being held open in case of owner occupant. The unit mix is a 2/1 and a 1/1, both the same size. The tenant in #B has been there for several years, is mo-to-mo but would love to stay, and has been a wonderful tenant for many years. The 2br unit (#A) was just repainted and refreshed, ready for immediate occupancy. All stainless steel kitchen appliances are included. Washer / Dryer closet in each unit. Please show the vacant unit (#A) only until the contract. Extremely stable income property over time with a low vacancy rate and long-term tenants. The pictures of #A were taken just this week to give a good idea of what the unit looks like. Based on the $1750 the #A unit was paying until she moved out last month, solid 7.49% cap rate. Pro Forma cap rate 7.9% using market-rate rents.
Location
State TX
County Travis
Interior
Interior Features Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Quartz Counters, Dry Bar, Eat-in Kitchen, No Interior Steps, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Stackable W/D Connections
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Concrete, Tile
Fireplaces Number 2
Fireplaces Type Living Room, Masonry, Wood Burning
Fireplace Y
Appliance Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Gas Range, RNGHD, Refrigerator, Stainless Steel Appliance(s), Water Heater
Exterior
Exterior Feature Private Yard, See Remarks
Fence Fenced, Wood
Pool None
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Waterfront Description None
View None
Roof Type Composition
Accessibility None
Porch Patio
Total Parking Spaces 4
Building
Lot Description Trees-Medium (20 Ft - 40 Ft)
Faces West
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type HardiPlank Type,Masonry – Partial,See Remarks
New Construction No
Schools
Elementary Schools Boone
Middle Schools Covington
High Schools Crockett
School District Austin Isd
Others
Pets Allowed Dogs OK, Negotiable
Restrictions None
Acceptable Financing Cash, Conventional, FHA, VA Loan
Tax Rate 1.9818
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Allowed Dogs OK, Negotiable
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