Jeffrey Schnabel
This listing was posted on RealtyWW.
$999,990
Home For Sale In Austin, Texas
Price:
$999,990
BR/BA:
5 BR, 2 BA
Location:
4414 Diane Dr, Austin, TX
Description:
Ever consider owning both your own home + 3 rental properties that can help you pay your mortgage? This beautiful property has 4 separate living spaces, a main home and 3 apartments. The apartments are currently rented on 2-year leases promising long-term income, and the main home is ready for an owner-occupant, or a new tenant. An owner-occupant in the main home can either continue the long-term leases in the 3 apartments or convert them to short-term rentals when those existing leases expire. Additional income comes from the rear fenced 30 feet of the lot, rented on a long-term lease to a landscape contractor. With the main home, 3 apartments, and the rear fenced area leased up, gross rent is ~$82, 500 + 2 storage units that could generate additional income. This is an excellent location in 78745 just south of 290 in a high-demand, highly appreciating area of south Austin just 3/4 mile to St. David's south, just off Ben White in Ford Place, and conveniently located near grocery stores, restaurants, bars, coffee shops, you name it! Everything has been updated - the main home in 2019 with a new large utility room in 2021, Unit 2B built in 2015, Unit 2A built in 2017, 1B build out and remodeled in 2020 + a new interior slab. All lighting is LED. Roof is a 30-year asphalt shingle, and the new roofing was completed per the above timeline. There is even a common laundry facility for Units 1B, 2A and 2B. All appliances convey. The additional 304 SF storage building that is split into a 124 SF workshop, and 80 SF of storage space. Rent out either of these 2 spaces for additional income, or use them for personal use. The backyard compound is enjoyed by all the residents. The main home even boasts a large outdoor patio space. There are 2 apple trees in the rear, one in front, + a pecan tree on the south side tenant's entrance. This property is a must-see and an amazing investment opportunity for those looking to invest in real estate, be they owner-occupants or pure investors.For more details: https://realtyww.info/homes_austin-d523187/for-sale_i72020346
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More About this Listing: Home For Sale In Austin, Texas
Home For Sale In Austin, Texas is a Five Bedroom Two Bath Single-Family Homes for Sale at 4414 Diane Dr in Austin TX. Find other listings like Home For Sale In Austin, Texas and listings near 4414 Diane Dr by searching Oodle Classifieds for Five Bedroom Two Bath Single-Family Homes for Sale in Austin TX.
Home For Sale In Austin, Texas is a Five Bedroom Two Bath Single-Family Homes for Sale at 4414 Diane Dr in Austin TX. Find other listings like Home For Sale In Austin, Texas and listings near 4414 Diane Dr by searching Oodle Classifieds for Five Bedroom Two Bath Single-Family Homes for Sale in Austin TX.