11815 Lochridge Drive
Austin, TX 78758
2200 sqft | 0.21 acres | #2535008
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.
Property Details
- InteriorBreakfast Bar, Ceiling Fans, High Ceilings, High Speed Internet, MainLevelPrimary, No Interior Steps, Open Floorplan, Pantry, Qu
- Utility FeaturesElectricity Available, Natural Gas Available
- Exterior MaterialsNo Exterior Steps, Rain Gutters
- Lot DescriptionCorner Lot, Trees Medium Size
- Middle SchoolBurnet (Austin ISD)
- Property ConditionUpdated Remodeled
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- SubdivisionQuail Hollow
- School DistrictAustin ISD
- High SchoolAnderson
- Original List Price$725,000
- MLS #2535008
- MLS #2535008
- Utility SourcePublic
- Elementary SchoolPillow
- CountyTravis
- Cost650000
- Property SubtypeDuplex
- Acres0.209
- Square Feet2200
- Year Built1983
- FoundationSlab
- Days on Market (Cumulative)14
- Fireplaces2
- Parking Spaces2
- Pets1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-04-05 02:58:57 UTC. 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.
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®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Michael Vasquez (#466501), Phone: (512) 803-1156
Listing Office: HQR Investments (#8404)
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