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Kyle, TX 78640
$515,000
An ideal fit for investors deploying 1031 exchange funds seeking a stabilized, income-producing asset in one of Austin's fastest growing suburbs. Buyers with year-end tax planning goals may also find this an attractive vehicle for bonus depreciation benefits — consult your tax professional for details. Charming Kyle duplex generating $3,300/month in gross rental income when both units leased — Unit 118 ($1,650/mos and Unit 112 ($1,750/mos through April 2027). Turnkey investment with tenants in place, and separate electric, gas, and water meters to minimize owner expenses. Set in walking distance to the elementary school and convenient to I-35. Live the easy life in beautiful Kyle, TX! Excellent opportunity to purchase one or both sides of this income producing duplex. Each side encompasses 3 generous sized bedrooms and 2.5 baths. The layout is both open for entertaining and well designed for privacy. With fresh paint and new carpet upstairs, this unit is sure to attract tenants or live in one side while you lease the other. Step outback to catch the sunset on your covered patio and enjoy a large, fully fenced yard. Centrally located in Kyle, this home is convenient to San Marcos, South Austin, ABIA and Tesla Gigafactory. Do not miss this incredible investment opportunity!
Questions on 118 & 112 Creekside Villa Dr, or want to see it in person?
Listed by Leslie Spencer, Moreland Properties