Property Description

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.

Features
: Central
: Central Air
: Neighborhood
: Deck
: Accessible Doors, Common Area
: Convection Oven, Cooktop
: Bbq Pit/grill, Picnic Area, Park, Playground
: Exterior Steps, Gas Grill
0
: Vinyl
2
: Breakfast Bar, Primary Bedroom On Main, 2 Primary Baths, 2 Primary Suites, Electric Dryer Hookup, Open Floorplan, Washer Hookup, Quartz Counters
: Level, Private, Few Trees
: Garage, Off Street, Driveway
: Shingle
: Public Sewer
: Electricity Connected, Electricity Available, Above Ground, Internet-cable, Sewer Available, Water Available, Water Connected, Sewer Connected
Address Map
US
TX
Travis
Austin
78723
7402 Geneva DR, Austin TX 78723
0
W98° 19' 21.5''
N30° 19' 21.4''
North
From downtown Austin on IH-35, take US-290 East, Exit 238B, Take Berkman Dr, Right onto Geneva Dr. Destination is on your right.
University Hills Sec 04 Ph 04
MLS Addon
Spyglass Realty
Irene Mwathi
: Brick
Andrews
: Slab
Lyndon B Johnson (Austin ISD)
: One
722193
5220
Pearce Middle
1
: Garage(s)
: Standard
$11,831
: Public
Austin ISD
Austin ISD
Austin ISD

Residential Income For Sale

7402 Geneva DR, Austin TX 78723, Austin, Texas 78723

2,044 Sqft
$825,000
Listing ID #2220916
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 2220916
Price : $825,000
Square Footage : 2,044 Sqft
Year Built : 1985
Lot Area : 16,134.60 Sqft
Status : Active
Property SubType : Duplex