$625,000
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3,498 SqFt
SOLD DATE : 12/30/2021
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,498 sqft
Price per Sqft $186
Subdivision Holiday Heights Sec 01
MLS Listing ID 9303064
Sold Date 12/30/21
Originating Board actris
Year Built 1969
Annual Tax Amount $10,265
Tax Year 2021
Lot Size 8,407 Sqft
Property Description
*****DEADLINE TO SUBMIT ALL OFFERS : 12/2 AT 5PM***** Up and coming Highland location for this great value add fourplex. Like buildings with similar income in the area selling in the mid-700s, substantial immediate equity and above market returns. Currently under-rented, pro-forma returns look solid at 5%+. Well maintained, under solid management for many years, has kept property stable and rented, but at up to $100 / unit below market rents at this point, as shown by close by comps. One unit kept vacant for easy showing.
Location
State TX
County Travis
Interior
Interior Features Ceiling Fan(s)
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplace Y
Appliance Dishwasher, Range, Refrigerator
Exterior
Exterior Feature Lighting
Fence Partial
Pool None
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View None
Roof Type Shingle
Accessibility None
Porch None
Total Parking Spaces 8
Building
Lot Description None
Faces North
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
New Construction No
Schools
Elementary Schools Brown
Middle Schools Webb
High Schools Navarro Early College
Others
Pets Allowed All
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 2.22667
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Allowed All
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Bought with eXp Realty LLC
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