7402 Geneva Dr

Austin, TX 78723
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2,044 Sqft. ($404/Sqft.)
16,135 Lot Sqft
Residential Income - Duplex

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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.

MLS#
ABORTX-2220916
List Price
$825,000 ($404/Sqft.)
Listing Status
For Sale
Address
7402 Geneva Dr
City
State
TX
Zip Code
County
Subdivision
University Hills Sec 04 Ph 04
Legal Description
LOT 44 BLK A UNIVERSITY HILLS SEC 4 PHS 4
Property Type
Residential Income - Duplex
Garages
2 / Appraisal District
Stories
1
Building Size
2,044 Sqft/Public Records
Year Built
1985 /Public Records
Lot Size
16,135 Sqft./Appraisal District

Exterior

Roof
Shingle
Foundation
Slab
Exterior Type
Brick
Lot Description
Few Trees, Level, Private
Parking
Driveway, Garage, Off Street
Parking Space
Garage 2 / Parking 0
Controlled Access
Common Area, Accessible Doors
Utility
Above Ground,Electricity Available,Electricity Connected,Internet-Cable,Sewer Available,Sewer Connected,Water Available,Water Connected
Front Door Face
North
Views
Neighborhood
Exterior
Exterior Steps, Gas Grill

Interior

Furnished
All
Floors
Vinyl
Cooling
Central Air
Heating
Central
Window
Screens
Appliances
Convection Oven, Cooktop
Other Equipment
Dryer Connections,Washer Hookup
Security System
Varies By Unit
Interior
2 Primary Baths, 2 Primary Suites, Breakfast Bar, Counter-Quartz, Electric Dryer Hookup, Open Floorplan, Primary Bedroom on Main, Washer Hookup

Lot information

Lot Size
16,135 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Community Features
BBQ Pit/Grill,Park,Picnic Area,Playground

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

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Source

Austin Central Texas Realty Information Service
Source last updated Apr 30, 2024 at 07:07 AM
Listing last updated Mar 15, 2024 at 04:08 PM
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7402 Geneva Dr, Austin, TX 78723. View photos, map, tax, nearby homes for sale, home values, school info...

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