$825,000
7402 Geneva Drive, Austin, TX
2,044
Square feet
0.37
Acres
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.
Facts & Features
ListingFeed | abor |
---|---|
MLS® # | 2220916 |
Price | $825,000 |
Bathrooms | 0.00 |
Square Footage | 2,044 |
Acres | 0.37 |
Year Built | 1985 |
Type | Residential Income |
Sub-Type | Duplex |
Status | Active |
Community Information
Address | 7402 Geneva Drive |
---|---|
Subdivision | University Hills Sec 04 Ph 04 |
City | Austin |
County | Travis |
State | TX |
Zip Code | 78723 |
Amenities
Utilities | Above Ground Utilities, Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available, Water Connected |
---|---|
Features | Barbecue, Playground, Park |
Parking | Driveway, Garage, Off Street |
# of Garages | 2 |
View | Neighborhood |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Interior | Vinyl |
---|---|
Appliances | Convection Oven, Cooktop |
Heating | Central |
Fireplace | No |
# of Stories | 1 |
Stories | One |
Exterior
Exterior Features | Exterior Steps, Gas Grill |
---|---|
Lot Description | Level, Private, Few Trees |
Roof | Shingle |
Construction | Brick |
Foundation | Slab |
School Information
District | Austin ISD |
---|---|
Elementary | Andrews |
Middle | Pearce Middle |
High | Lyndon B Johnson (Austin ISD) |
Additional Information
Foreclosure | No |
---|---|
Short Sale | No |
RE / Bank Owned | No |
Contact Details | 512-934-1411 |