8503 Colony Loop DR, Austin TX 78724

$ 695,000
8503 Colony Loop DR, Austin TX 78724, ,

Overview

  • Property ID
  • 1457417
  • 3,120 ft2
  • 0 ac

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.

Outdoor Details
balcony
Other Features
Cooktop
Dishwasher
Disposal
Electric Range
Electrical Utility Available
None
Property Id : 1457417
Price: $ 695,000
Property Size: 3,120 ft2
Property Lot Size: 0 ac
Parking Features: Off Street
Lot Size(acres): 0.3075
Lot Size(sf): 13394.7
Country: US
Active Open House(s): 0
Last Listing Change: 2024-07-24T01:58:07.670Z
Property Key: 48453|499862|1|37115784
Status Contractual Search Date: 2024-06-11
Listing Key Numeric: 122858541
Est. Taxes: 8964.12
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 28
State: TX
Home Sale Contingency YN: 1
Last Status Change: 2024-07-24T01:58:07.670Z
Street Name: Colony Loop
Laundry Location: In Unit
Street# Ext.: 8503
Street#: 8503
Street Suffix: DR
Open House(s): 0
Upcoming Open House(s): Public: Sat Jun 15, 1:00PM-3:00PM
Property Match: Address
$/SF: 222.76
Tax Filled SF Total: 3216
Unit Mix: 2/1
Unit Room Type: Primary Bedroom,Bedroom,Bathroom,Kitchen,Storage
Accessibility Features: None
Community Features: None
Construction Materials: Masonry – Partial,Wood Siding
Cooling: Central Air
Covered Spaces: 0
Faces: North
Directions: East on Loyola, North on Decker, right on Colony Loop. It's the first fourplex on the left.
Elem School: Overton
Elem School District: Austin ISD
Fencing: None
#Fireplaces: 0
Flooring: Tile,Vinyl
Foundation Details: Slab
Garage Spaces: 0
Heating: Central
High School: Lyndon B Johnson (Austin ISD)
High School District: Austin ISD
Levels: Two
Listing ID: 2900562
Listing Terms: Cash,Conventional,FHA,VA Loan
SF Source: Public Records
Lot Features: Corner Lot,Wetlands
MLS Area Major: 3E
Middle School: Dobie (Austin ISD)
Middle School District: Austin ISD
Status: Active
Off Mkt Date: 2024-07-15
Other Structures: None
Parcel#: 2174002030000
Patio And Porch Features: Front Porch
Pool Features: None
Property Condition: Resale
Roof: Shingle
Sewer: Public Sewer
Special Listing Conditions: Standard
Tax Annual($): 9597.84
Utilities: Cable Connected,Electricity Connected,Internet-Cable,Sewer Connected,Water Connected
View: None
Water Source: Public
Waterfront Features: Stream
Window Features: None
Year Built: 1984
$ 4,759.51
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,514.30
Wed 13 Nov
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Fri 15 Nov
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Sun 17 Nov
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Fri 22 Nov
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA