About 7402 Geneva Drive
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.
Duplex for sale in Austin, TX at 7402 Geneva Drive. This duplex is priced at $403.62/sqft
Features of 7402 Geneva Drive
| MLS® # | 2220916 |
|---|---|
| Price | $825,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,044 |
| Acres | 0.37 |
| Year Built | 1985 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information: Austin
| Address | 7402 Geneva Drive |
|---|---|
| Area | 3 |
| Subdivision | University Hills Sec 04 Ph 04 |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78723 |
Amenities
| Utilities | Above Ground Utilities, Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Features | Barbecue, Playground, Park |
| Parking | Driveway, Garage, Off Street |
| Garage Spaces | 2 |
| View | Neighborhood |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Interior | Vinyl |
|---|---|
| Appliances | Convection Oven, Cooktop |
| Heating | Central |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Exterior Steps, Gas Grill |
|---|---|
| Lot Description | Level, Private, Few Trees |
| Roof | Shingle |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Austin ISD |
|---|---|
| Elementary | Andrews |
| Middle | Pearce Middle |
| High | Lyndon B Johnson (Austin ISD) |
Additional Information
| Date Listed | March 3rd, 2024 |
|---|---|
| Days on Market | 57 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Spyglass Realty |
|---|---|
| Contact Details | 512-934-1411 |