$1,100,000

702 W Crestland Drive, Austin, TX

4

Beds

4

Baths

1,929

Square feet

0.19

Acres

Cashflow opportunity with 98% occupancy! Completely renovated 3 Bed 2 Full Bath income generating property with completely separate sleeps 4 + 2 bath air bnb guesthouse. Investor's market cash flow in current bnb market is 10,400/ mo if both units are BNB (with of occupancy 99% for 2021 and 98% for 2022). New standing seam metal roof on main house and newer metal roof on back house (lasts forever), completely new HVAC/ ductwork, new electric wiring/ outlets, 2 new tankless WHs, new water lines, new gas lines and complete updated and tasteful finish-out! Potential for third ADU when applicable Austin code is passed for another $3000-4000 per month or more in BNB potential. Must see, turnkey, neighbor currently does property management and guest turn-over! Gorgeous park directly across the street and within walking distance there are charming trails and endless options of shopping and dining! Back house was featured in Austin Cool Homes Tour and it is also an Austin 5 Star Green Energy Rated Property! Matterports for front and backhouse: https://my.matterport.com/show/?m=QTQYA8M93hk backhouse: https://my.matterport.com/show/?m=hyPqztMrRQP

Facts & Features

ListingFeed abor_vow
MLS® # 7984315
List Price $1,100,000
Sale Price $1,045,000
Sale Date July 7th, 2022
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 1,929
Acres 0.19
Year Built 1953
Type Residential
Sub-Type Single Family Residence
Status Closed

Community Information

Address 702 W Crestland Drive
Subdivision Northway Crest Sec 02
City Austin
County Travis
State TX
Zip Code 78752

Amenities

Utilities Electricity Connected, See Remarks, Water Connected
Features Dog Park, Park, Trails/Paths
Parking Attached Carport, Driveway
# of Garages 1
View Park/Greenbelt
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Tile, Wood
Appliances Dryer, Free-Standing Gas Range, Microwave, Refrigerator, Washer
Heating Central
Cooling Central Air, Multi Units
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Private Yard, Rain Gutters
Lot Description Back Yard, Landscaped, See Remarks, Trees Large Size
Windows Double Pane Windows, Vinyl
Roof Metal
Construction HardiPlank Type
Foundation Pillar/Post/Pier

School Information

District Austin ISD
Elementary Brown
Middle Webb
High Navarro Early College

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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