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Archived about 4 years ago

$550,000

6+ bd 5+ ba 3048 sqft

4800 Delores, Austin, TX 78721

Residential Duplex Occupied

Current Rent **

$4,200

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $2,100
  • Bedroom: 3 bd
  • Bathroom: 2½ ba
  • Square Footage: 1524 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $2,100
  • Bedroom: 3 bd
  • Bathroom: 2½ ba
  • Square Footage: 1524 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Off Market Investment Property in Austin Tx

Great Duplex in the booming East area of Austin just off E 12th St.

Huge 8,631 sq ft of Land with tremendous future value for re-development.

Great Cash Flow.

Both units are already rented until Summer of 2020, Unit A for $1595/mo, and B for $1425/mo – both amounts are quite under market rent for this type of property and its location. Market rent for each side is $2100 by investing $15K per side for remodel ( stainless steel appliances, etc).

Location:

4800 Delores, Austin, TX 78721

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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.