$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 |