Thank you
Ian Williams
Real
512-774-4621
Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation. Key Features: Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal. Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history. Income Potential: Competitive rental income with scope for future increases. Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options. Community Amenities: Close proximity to parks, recreational facilities, and community centers. Stable cash flow with upward trending rental market. Potential for asset appreciation in a high-demand area. Opportunity for portfolio diversification. Low vacancy rates with a strong tenant retention history. The properties have been managed by a professional property management team, ensuring a hassle-free investment experience. In the last two years, the following has been repaired: 1201 Gregory - chimney and roof repair, replaced AC capacitor 1203 Gregory - replaced dishwasher motor, new AC condenser capacitor, blower motor capacitor, and flood switch, chimney and roof repair, replaced kitchen faucet This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.
Sell a home like this and save $28,601 Find Out How
Total Bedrooms : 0
Total Baths: 0
Water Source : Public
Sewer : Public Sewer
2253
Total Rooms: 0
None
Roof : Composition
Exterior Property Features : None
Interior Features: Breakfast Bar,Ceiling Fan(s),High Ceilings,Main Level Primary,No Interior Steps,Walk-In Closet(s)
Property Appliances: Dishwasher,Free-Standing Range,Disposal,Gas Water Heater
No. of Fireplace: 2
Fireplace: Living Room
Cooling Features: Central Air
Heating Features: Central,Natural Gas
Year Built: 1993
Construction: Brick Veneer,Frame
Roof: Composition
Flooring: Carpet,Laminate,Tile
Fencing: Back Yard,Privacy
Patio And Porch Features: Patio
View: None
None
Window Features: Blinds
Laundry Features: Washer Hookup,Dryer Hookup
Lot Description: Front Yard,Trees Medium Size
Covered Spaces: 2
Lot Size Acres: 0.213
SQ ft: 2,253
Subdivision: Chapel Hill North Sec 03
Owner Pays: Taxes
Directions: From IH 35 take US 79 NE, left on Mays, right on Bowman, Left on Egger, Left on Edwards, Right on Gregory Lane
Source Property Type: Residential Income
Property SubType: Duplex
Area: RRE
Source Neighborhood: Chapel Hill North Sec 03
Total Square Feet Living: 2253
Foundation Details: Slab
Pool Features: None
Property Age: 31
Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available
Original List Price: $485,000
Parcel Number: 0000000000000
Garage: 2
Parking Features: Attached,Concrete,Driveway,Garage Faces Front
Association: No
Pets Allowed: Negotiable
Community Features: None
Elementary School: Union Hill
Middle/Junior High School: Hopewell
Senior High School: Stony Point
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
TBD Gattis School Road, Round Rock, TX,78664 | $3,500,000 | -- | -- | -- | 7.319 Acres |
2880 Donnell Drive #2303, Round Rock, TX,78664 | $355,000 | 3 | 3 | 1,825 | -- |
5 Hillway Drive, Round Rock, TX,78664 | $699,000 | 3 | 3 | 2,661 | -- |
209 S Brown Street, Round Rock, TX,78664 | $975,000 | -- | -- | -- | 0.116 Acre |
1102 Ferndale Drive, Round Rock, TX,78664 | $348,500 | 3 | 2 | 1,284 | 0.1611 Acre |
521 Paladine Place, Round Rock, TX,78664 | $629,900 | 4 | 2 | 4,752 | 0.209 Acre |
300 Santolina Ln, Round Rock, TX,78664 | $515,000 | 4 | 3 | 3,744 | 0.372 Acre |
115 Paul Azinger Drive, Round Rock, TX,78664 | $697,300 | 4 | 3 | 3,349 | 0.3575 Acre |
2253 Jasmine Path, Round Rock, TX,78664 | $129,000 | -- | -- | -- | 0.125 Acre |
2600 Gattis School Rd .., Round Rock, TX,78664 | $355,000 | 3 | 2.5 | 1,478 | 1931 Sqft |
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 04/30/2024 @ 16:30
MLS: 9305836
LISTED BY: Ian Williams, Real
SOURCE: ACTRIS
Buyer Agency Compensation: 3%
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.