$695,000
For Sale

8503 Colony Loop Drive

Austin, TX 78724
3120 sqft | 0.31 acres | #2900562
Browse 28 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Great corner lot within sight of the Travis County Expo Center, and less than a mile to the 203-acre Colony Park development project! With 3 of the four units at under market rents and the building and interiors in good condition this is an easy project to add value and cashflow for first-time investors and seasoned pros alike. Set up shorter rentals for major Expo events like the Austin Rodeo, or traditional annual leases at market rates to improve cashflow in the property.

  • Property Details
      • Utility FeaturesCable Available, Cable Connected, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected,
      • High SchoolLyndon B Johnson (Austin ISD)
      • Lot DescriptionCorner Lot, Wetlands
      • Middle SchoolDobie (Austin ISD)
      • InteriorNone, Storage
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Property SubtypeQuadruplex
      • Original List Price$695,000
      • Exterior MaterialsBalcony
      • Elementary SchoolOverton
      • MLS #2900562
      • MLS #2900562
      • Acres0.3075
      • Utility SourcePublic
      • SubdivisionColony
      • CountyTravis
      • Taxes Annual$9,597
      • Cost695000
      • Property ConditionResale
      • Square Feet3120
      • Year Built1984
      • FoundationSlab
      • Days on Market (Cumulative)204
      • Pets1

Location

10 Agents Online Now
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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