7402 Geneva DR

Austin, TX 78723

For Sale $825,000

Listed 57 days ago for $825,000
  • Status: Active
  • Property Type: Duplex
  • County: Travis
  • School District: Austin ISD
  • Subdivision: University Hills Sec 04 Ph 04
  • SqFt: 2,044
  • $/SqFt: 403.62
  • Lot Size: 0.3704 acres
  • Levels: One
  • Built: 1985
  • Est. Taxes: $11831
  • Association/HOA : No
  • Waterfront: No
  • Private Pool: No
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: 2 Primary Baths, 2 Primary Suites, Breakfast Bar, Counter-Quartz, Electric Dryer Hookup, Open Floorplan, Primary Bedroom on Main, Washer Hookup
Great income producing investment duplex in coveted University Hills, ideally situated next to major highways IH-35, Highway 183 and 290 sitting on over a quarter acre and a Low Tax Rate of 1.9%. Earnings 2023 = $45,000. Can also be an AIRBNB with City Approval. 5% down if you plan to live in one unit and rent the other one out. Enjoy ownership of this 4 bedroom 4 bathrooms 2 laundry rooms and 2 car garage duplex in an established neighborhood with mature trees and parks perfect for families, with a deck overlooking Walnut Creek perfect for entertaining and relaxing while enjoying the outdoors. Recent renovations include roof replacement, updates to the bathrooms and laundry rooms and a new AC unit. Just under 10 minutes to downtown Austin, UT, Austin Community College, Domain in North Austin giving you a variety of restaurants and shopping options, Austin FC Stadium and major tech company employers. For a savvy investor this positive cashflow property offers a promising opportunity to make your own interior cosmetic updates for instant value add and rent increases in this quiet family neighborhood with no HOA and a ton of new construction development. The property has 2 leased Units with long-term tenants and leases end in March 2024 and July 2024: Unit A (2-2, separate Laundry Room + 1 car garage) & unit B (2-2, separate Laundry Room + 1 car garage). Don't Miss Out! Lenders available.

Construction Materials
Brick
Roof
Shingle
Exterior Features
Exterior Steps, Gas Grill
Green Energy Efficiency
None
Pool Features
None
Lot Features
Few Trees, Level, Private
Patio and Porch Features
Deck
Waterfront Features
None
Appliances
Convection Oven, Cooktop
Parking
Parking Spaces None
Garage Spaces 2
Parking Features Driveway, Garage, Off Street
Community Features
BBQ Pit/Grill, Park, Picnic Area, Playground
Listing ID
2220916
Sub Agency Compensation
2%
Buyer Agency Compensation
2.25%
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

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Location

Schools
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Contact Agent
High School
Lyndon B Johnson (Austin ISD)
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