Texas
Austin
11815 Lochridge DR

$600,000

11815 Lochridge DR, Austin, TX 78758

2,200 sqft

Duplex
Built in 1983
9,104sqft lot
2 car garage
$273/sqft
Listed 3 months ago

Property Description

This remodeled duplex is in great condition and just a short distance from nearby parks and shops. Gracy Farms is an established neighborhood with easy access to Hwy 183 and Mopac. The Domain shopping center and business park are close by giving you options for places to eat, shop, and drink. Only about a 20-minute commute to Downtown, this is a rare opportunity to get an amazing return on investment. The owner/seller is a licensed Texas Real Estate Broker. He's currently operating these units as a short-term rental. Both units earn a total income of $3,500 per month. He would like to continue leasing and renewing every two years. This would make it more cost-effective for the new buyer since there would be no loss of income due to lease turnovers. Partial owner finance or leaving one or both leases early can also be an option.

Listing Status:: Active
Listing Office:: HQR Investments : (512) 803-1156
Listing Agent:: Michael Vasquez : (512) 803-1156
MLS ID:: 2535008

General: Two Primary BathsBreakfast BarCeiling Fan(s)High CeilingsQuartz CountersHigh Speed InternetNo Interior StepsOpen FloorplanPantryPrimary Bedroom on MainSmart ThermostatWalk-In Closet(s)
Rooms: Kitchen
Appliances: DishwasherDisposalDryerElectric RangeExhaust FanIce MakerMicrowaveFree-Standing Gas OvenFree-Standing Gas RangeRNGHDFree-Standing RefrigeratorStainless Steel Appliance(s)Vented Exhaust FanWasherWater Heater
Laundry: Multiple Locations
Flooring: CarpetTile
A/C: Ceiling Fan(s)Central Air
Heating: None
Fireplace: Living RoomFireplaces: 2
Eco/Green Feature: NoneNone

This listing courtesy of Michael Vasquez, HQR Investments

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

McBee Elementary School

1101 W Braker Ln, Austin, TX, 78758

Grades EE-5

1.11 miles away

Burnet Middle School

8401 Hathaway Dr, Austin, TX, 78757

Grades 6-8

2.72 miles away

Anderson High School

8403 Mesa Dr, Austin, TX, 78759

Grades 9-12

3.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.