7402 Geneva Drive, Austin

$825,000

0 Beds
0 Baths
2,044 Sqft
.37 Acres
2 Garages

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.

Essential Information
MLS® #2220916
Price$825,000
Bathrooms0.00
Square Footage2,044
Acres0.37
Year Built1985
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address7402 Geneva Drive
SubdivisionUniversity Hills Sec 04 Ph 04
CityAustin
CountyTravis
StateTX
Zip Code78723
Amenities
FeaturesBarbecue, Playground, Park
ParkingDriveway, Garage, Off Street
# of Garages2
ViewNeighborhood
WaterfrontNone
Utilities

Above Ground Utilities, Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available, Water Connected

Interior
InteriorVinyl
AppliancesConvection Oven, Cooktop
HeatingCentral
StoriesOne
Master on MainYes
Exterior
Exterior FeaturesExterior Steps, Gas Grill
Lot DescriptionLevel, Private, Few Trees
RoofShingle
ConstructionBrick
FoundationSlab
School Information
DistrictAustin ISD
ElementaryAndrews
MiddlePearce Middle
HighLyndon B Johnson (Austin ISD)
Listing Details
Contact Details512-934-1411
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Property Listed by: Spyglass Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 29th, 2024 at 10:47am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.