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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $558
Subdivision Carrington
MLS Listing ID 7051670
Style Single level Floor Plan
Bedrooms 6
Full Baths 3
Year Built 1962
Annual Tax Amount $14,169
Tax Year 2025
Lot Size 7,927 Sqft
Property Sub-Type Single Family Residence
Property Description
Seller would do a wrap mortgage for 12 to 18 months at 3.75% interest. 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. We are currently marketing the home for Aug 2026 - Aug 2027 pre-lease at $11,400/mo. Large lot with plenty of space for the Buyer to build another home in the back of the lot. Buyer to verify feasibility and permits for extra build. Lots of upside coupled with the strong rents and caprate, location, and quality make this an incredible purchase opportunity!
Location
State TX
County Travis
Area Ut
Interior
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Laminate, Tile
Fireplaces Number 1
Fireplaces Type See Remarks
Exterior
Exterior Feature Exterior Steps, Private Yard
Fence Back Yard, Wood
Pool None
Community Features None
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description None
View None
Roof Type Metal,Mixed
Building
Lot Description Alley, Interior Lot, Sloped Down
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame
New Construction No
Schools
Elementary Schools Bryker Woods
Middle Schools O Henry
High Schools Austin
School District Austin Isd
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Respace LLC
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