$649,000
For more information regarding the value of a property, please contact us for a free consultation.
1914 Hearthstone DR Austin, TX 78757
2,620 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,620 sqft
Price per Sqft $242
Subdivision Wooten Terrace Sec 03
MLS Listing ID 8035747
Sold Date 11/30/21
Originating Board actris
Year Built 1969
Annual Tax Amount $9,162
Tax Year 2021
Lot Size 8,189 Sqft
Property Description
Text listing agent for video walkthrough of each unit. Great opportunity to own a fully leased fourplex in North Central Austin! This property has been significantly renovated since the last lease was signed, so there is plenty of opportunity to raise rents (Unit A just renewed their lease at $1,000/month). These renovations include: new fencing (Units B now has a private backyard), new cedar siding, exterior paint, sewer line replacement, total kitchen remodel (Units A & D), total bathroom remodel (Units A & D), new floors (Units A & D), new light fixtures (Units A & D), and new trim (Units A & D). Current rents are $1,000 (Unit A: 1br/1ba), $1,125 (Unit B: 2br/1ba), $1,150 (Unit C: 2br/1ba), and $895 (Unit D: 1br/1ba) with no trouble collecting rent and all tenants current. With the increase in rental rates and recent property upgrades, market rents should total $4,600-$5,000/month. Excellent location with easy access to Highway 183 & Burnet Rd. Just minutes from Shopping, Restaurants, and Entertainment like the Domain, Hopdoddy's, Austin Beerworks, Walnut Creek, and the new Austin FC Stadium. Excellent professional Property Management already in place with Tower Property Management for easy transition to new owner.
Location
State TX
County Travis
Interior
Interior Features Breakfast Bar, No Interior Steps
Heating Central
Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s), See Remarks
Flooring Tile
Fireplace Y
Appliance Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, See Remarks
Exterior
Exterior Feature Private Entrance, See Remarks
Fence Back Yard, See Remarks
Community Features See Remarks
Utilities Available See Remarks
Waterfront No
View See Remarks
Roof Type Composition
Accessibility Accessible Entrance, FullyAccessible
Porch See Remarks
Parking Type Parking Lot
Total Parking Spaces 8
Building
Lot Description Back Yard
Faces South
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Cedar,Wood Siding
New Construction No
Schools
Elementary Schools Wooten
Middle Schools Burnet (Austin Isd)
High Schools Navarro Early College
Others
Pets Allowed All
Restrictions None
Acceptable Financing Cash, Conventional
Tax Rate 2.22667
Listing Terms Cash, Conventional
Special Listing Condition Standard
Pets Description All
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Master Key Real Estate