4-Plex with $3,800 rent 8 miles from downtown Austin Texas $425,000

By
Real Estate Broker/Owner with The Kiefer Group Texas Broker 524520

Austin Texas - 4-Plex with $3,800 a month in total rents listed for $425,000.
Located in North Austin Texas 78758 zip code in Villas on Walnut Creek. 4124 total square feet on a 0.192-Acre Lot.  
Great central location close to shopping malls, dining, entertainment, and major highways.
Minutes to The Domain and J.J. Pickle Research Campus at The University of Texas.
Each unit has 2 bedrooms and 2 full baths with ample parking spaces.
All applicances convey including refrigerators, washers, and dryers.

 

Rent Roll:
Unit A: $975/month, exp on 11/30/18.
Unit B: $925/month, exp on 7/31/18.
Unit C: $975/month, exp on 2/1/18.
Unit D: $925/month, exp on 6/30/18.

 

Located in one of Austin's most reasonably priced North Austin zip codes 78758.
This 4-Plex is conveniently located near major highways and tollways for commuting ease in all directions.
Less than 10 miles from UT's main central campus and downtown Austin.
This 4-Plex is located near many major employers: Samsung's main Parmer Lane plant, Apple's new mega-campus,
the IBM main campus, Dell's main campus, and the Applied Materials main campus and all the various
Tech Ridge employers and Tech Ridge shopping centers as well. It is also close to North Lamar and Burnet shopping
and eateries, the University of Texas Pickle Research Center, Walnut Creek Metropolitan Park and The Domain high-
density office, retail, and residential center.

 

Financial Summary:
List Price is $425,000.
$3800 per month in total rents.
All units are 2 bedrooms, 2 full baths each.
Insurance is $150 per month.
$685 a month in taxes.
$285 per month in HOA fees.
$200 a month for the property manager.
Tenants pay all the utilities.

 

 

Call 24-hour info: 1800-572-5307 Ext 555

 

 

 

Posted by

Many thanks for reading our Real Estate Blog. George Kiefer is a Real Estate Agent and Broker-Owner of The Kiefer Group in Austin Texas. This is not intended as investment, legal, technical, or tax advice. This information is provided as a courtesy to our viewers to help them make informed decisions. The views expressed here are George Kiefer's personal views. George Kiefer is a licensed Broker in the State of Texas (Broker License #524520). He also holds the following designations: Certified Distressed Property Expert© (CDPE), Graduate REALTOR® Institute (GRI), Certified Luxury Home Marketing Specialist© (CLHMS), and The Institute for Luxury Home Marketing Million Dollar GUILD™. George Kiefer specializes in Luxury Home Sales, Seller Representation, Buyer Representation, Investment Property, Auction Representation, Hard Money Sales, Internet Marketing, Foreclosures, Bank Short Sales, Relocation Sales, REO Sales (property owned by lenders, government entities, or mortgage-backed securities funds), Multi-family property, Estate Probate Sales, Real Estate Consulting, and Broker Price Opinions.

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George Kiefer, Broker
The Kiefer Group

Comments (3)

Fahlman Property Group
Realty ONE Group Preview - Marysville, WA
Real Estate Team Serving Snohomish County

Great looking listing. I can only imagine what it would sell for in Seattle

Dec 13, 2017 05:01 PM
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN Fonville Morisey Cary, NC - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

Looks like a great investment opportunity! Best of luck!

Dec 13, 2017 07:09 PM
Matthew Klinowski, PA
Downing-Frye - Naples, FL
Golf Community Real Estate Specialist

George, looks like a great investment property!  I understand Austin is a booming area. Good luck selling the complex quickly.

Dec 14, 2017 04:32 AM

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