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A rare opportunity to own a fully remodeled West Campus House with a very strong cash flow and a 7%+ cap rate. This house had a complete remodel done! The lot also features a backyard and its own parking spaces! The House is fully pre-leased for the Aug 2025 to Aug 2026 term at $9,595 per mo. It is currently leased until July 31st, 2025 for $6600 a month. We are currently marketing the home for Aug 2026 - Aug 2027 pre-lease at $10,770/mo. Large lot with plenty of space for the Buyer to build another home in the back of the lot. Lots of upside coupled with the strong rents and caprate, location, and quality make this an incredible purchase opportunity!
| LAST UPDATED | 11/3/2024 | TRACT | Carrington |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Carrington |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Bryker Woods |
|---|---|
| Jr. High School | Small |
| High School | Austin |
| PRICE HISTORY | |
| Prior to Oct 20, '24 | $1,395,000 |
|---|---|
| Oct 20, '24 - Nov 3, '24 | $1,345,000 |
| Nov 3, '24 - Today | $1,295,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Gas Oven, Range, Refrigerator, Washer |
| AREA | UT |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | None |
| HEAT | Central |
| INTERIOR | Breakfast Bar, Ceiling Fan(s), Tile Counters |
| LOT | 8006 sq ft |
| PARKING | Alley Access, Off Street, Parking Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | Carrington |
| TAXES | 13479 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Tony Lazarov, Resavvy LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 11/21/24 2:38 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2024.