• 7402 Geneva Drive Austin, TX 78723

  • $825,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,044
    Sq Ft
  • 0.3704
    Acre

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.

Property Type :

Residential Income

Subdivision :

University Hills Sec 04 Ph 04

County :

Travis

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 0

Bathroom Information

Total Baths: 0

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Room Information

2044

Total Rooms: 0

Accessibility Features

Common Area,Accessible Doors

Interior Features

Roof : Shingle

Exterior Property Features : Exterior Steps,Gas Grill

Interior Features: Breakfast Bar,Main Level Primary,Multiple Primary Suites,Open Floorplan,Quartz Counters

Property Appliances: Convection Oven,Cooktop

No. of Fireplace: 0

Cooling Features: Central Air

Heating Features: Central

Building Information

Year Built: 1985

Construction: Brick

Roof: Shingle

Flooring: Vinyl

Fencing: None

Patio And Porch Features: Patio

View: Neighborhood

Exterior Features

Exterior Steps,Gas Grill

Window Features: Blinds

Laundry Features: Washer Hookup,Dryer Hookup,Electric Dryer Hookup

Lot Information

Lot Description: Level,Private,Few Trees

Covered Spaces: 2

Lot Size Acres: 0.3704

Property Information

SQ ft: 2,044

Subdivision: University Hills Sec 04 Ph 04

Owner Pays: None

Directions: From downtown Austin on IH-35, take US-290 East, Exit 238B, Take Berkman Dr, Right onto Geneva Dr. Destination is on your right.

Source Property Type: Residential Income

Property SubType: Duplex

Area: 3

Source Neighborhood: University Hills Sec 04 Ph 04

Total Square Feet Living: 2044

Foundation Details: Slab

Pool Features: None

Property Age: 39

Utilities: Above Ground Utilities,Cable Available,Electricity Available,Electricity Connected,High Speed Internet Available,Sewer Available,Sewer Connected,Water Available,Water Connected

Listing Price Information

Original List Price: $825,000

Tax Information

Parcel Number: 02262204140000

Parking Information

Garage: 2

Parking Features: Driveway,Garage,Off Street

Homeowners Association Information

Association: No

Pets Allowed: Yes

Community Features: Barbecue,Playground,Park

School Information

Elementary School: Andrews

Middle/Junior High School: Pearce Middle

Senior High School: Lyndon B Johnson (Austin ISD)

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The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.

ByOwner last updated this listing 05/15/2024 @ 11:25

MLS: 2220916
LISTED BY: Irene Mwathi, Spyglass Realty
SOURCE: ACTRIS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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