$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

Listing Map

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