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Austin, TX 78752
$475,000
Investor-ready Austin duplex with immediate income and multiple exit strategies. Both remodeled units are leased on 12-month terms: Unit A at $1,650/month and Unit B at $1,450/month, producing $3,100 in gross monthly rent and $37,200 annually. Existing leases may support DSCR-based financing consideration, subject to lender underwriting, expenses and loan terms.
Highlights include separate utility meters, a low-maintenance duplex configuration, stable rental history and a fee-simple lot with potential long-term upside. Located in the evolving St. Johns submarket near Downtown Austin, UT, Mueller and major employment centers.
Execute as a long-term rental, optimize future rents or hold for appreciation in a central Austin redevelopment corridor. Potential owner-financing option available for qualified buyers, subject to seller approval and mutually acceptable price, down payment, rate and terms. Buyer to independently verify rents, leases, expenses, DSCR eligibility, financing and development potential.
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Listed by Roland Castillo, Pure Realty