Active
7402 Geneva DR
Austin TX, 78723
$825,000
$403.62 per sqft
Active
2,044 sqft
Multi-family
Built in 1985
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.
2220916
MLSⓇ ID
March 3, 2024
Listed
March 16, 2024
Updated
Map
7402 Geneva DR
Austin TX, 78723
Interior Features
Total Stories
1
Interior Features
2 Primary Baths, 2 Primary Suites, Breakfast Bar, Quartz Counters, Electric Dryer Hookup, Open Floorplan, Primary Bedroom on Main, Washer Hookup
Appliances
Convection Oven, Cooktop
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.37 Acres
Exterior Features
Exterior Steps, Gas Grill
Lot Features
Few Trees, Level, Private
Roof
Shingle
Sewer
Public Sewer
School Information
School District
Austin ISD
High School
Lyndon B Johnson (Austin ISD)
Elementary School
Andrews
Other Property Details
Area Name
3
Taxes
$11,831
Tax Frequency
Annually
Garage
Yes
Garage Spaces
2
Parking
Driveway, Garage, Off Street
View
Yes
View Description
Neighborhood
County
Travis
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
2.25%
Courtesy of Spyglass Realty
Listing Contact: 512-934-1411
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Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Database last updated 2:25 AM UTC, 3/16/2024