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Seller's Agent in 2022
Paula Preston
Central Metro Realty
(512) 470-2405
2 in this area
4 Total Sales
6-Figure Income Potential: Hurry to submit your offer in for this lucrative investment before high season! Current investor/owner has 3 prospective tenants at $6,500/mo for Side A, for a potential $8,549 monthly income or $102,588 gross annual rent. Low maintenance costs. Price slashed for quick close, well under TCAD appraised value; protest in place before deadline to help your bottom line. Stunning 5/2.5 + 1/1 popular high-end rental in coveted North Loop/North Hyde Park. Convenient to major employers, Apple & MoPac Xpress to whisk past heavy traffic. Walkable to entertainment, Triangle. Current total lease $6,453/mo to 7/31/22; lucrative academic rental option potential $2K/bed/mo. Cashflow plus outstanding appreciation average $200K+/yr in an area of rapid redevelopment w/no vacancy. Good bus lines/bike paths. ~$450/yr maintenance costs. 2 ACs w/warranties for 6+yrs. Austin rents have risen dramatically in the past few months as many highly paid employees move here--feel free to call owner/agent for insights and rent history. Outstanding STR potential; analysis by request from Premier Host owner. Owner will help to secure new lease if desired. Seize this opportunity! Discount for quick close or direct sale from Seller (me) to Buyer (you) for unrepresented buyers. Why would the debt-free owner give up this cash-flow gem? She wants to explore the Berlin market. Bring all reasonable offers! All of you who couldn't make your numbers work: it's time to redo those numbers.
Last Agent to Sell the Property
Central Metro Realty License #0664403 Listed on: 04/24/2022
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
07/07/2022 07/07/22 | Sold | -- | -- | -- |
06/13/2022 06/13/22 | Price Changed | $1,225,000 | +2.1% | $475 / Sq Ft |
06/03/2022 06/03/22 | Pending | -- | -- | -- |
06/03/2022 06/03/22 | Price Changed | $1,200,000 | -2.0% | $466 / Sq Ft |
05/28/2022 05/28/22 | Price Changed | $1,225,000 | -2.0% | $475 / Sq Ft |
05/20/2022 05/20/22 | Price Changed | $1,249,999 | -3.8% | $485 / Sq Ft |
05/12/2022 05/12/22 | Price Changed | $1,299,999 | -10.8% | $504 / Sq Ft |
04/24/2022 04/24/22 | For Sale | $1,456,944 | -- | $565 / Sq Ft |
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Seller's Agent in 2022
Paula Preston
Central Metro Realty
(512) 470-2405
2 in this area
4 Total Sales
J
Buyer's Agent in 2022
John Cummings
John P. Cummings Jr.
(512) 415-8508
2 in this area
12 Total Sales
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7723963