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Archived about 1 year ago

$439,900

2 bd 2 ba 0 sqft

12816 Tomanet Trl, Austin, TX 78727

Residential Duplex Needs Repairs

Current Rent **

N/A

Projected Rent **

$3,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 2 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 0 bd
  • Bathroom: 0 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: No

Austin Domain Area Duplex!

Excellent opportunity to renovate and increase value by either flipping or updating and leasing out both units! This duplex is in a prime area near IBM, Domain and Apple, ensuring high demand and quick rentals. Recent upgrades include new roof shingles, two new garage doors, fresh exterior paint, and tree trimming (~$32K). Both units are vacant and ready to be leased if desired. The foundation was leveled in 2008 by CenTex with a warranty that will transfer to the new owner, and additional leveling with piers is recommended. The exterior is mostly hardy-board and all in great shape. With similar remodeled duplexes in the area valued over $600k, this is an excellent deal priced to sell! Sold AS IS.

Location:

12816 Tomanet Trl, Austin, TX 78727

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.