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702 W Crestland Dr

Austin, TX 78752
  • $1,100,000
  • STATUS: Active Under Contract
  • MLS #: 7984315
Under Contract
UPDATED: 168 min ago
$1,100,000
  • 4
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,929
    SQFT
  • $570
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1953
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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

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© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2022-06-28T00:00:38.673.
www.viewvistashomes.com/homes/127604709
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702 W Crestland Dr Austin, TX 78752

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: Days
  • Updated: 168 min ago
  • MLS #: 7984315
4
Beds
4
Baths
0
½ Baths
0.19
Acres
1,929
SQFT
$570
$/SQFT
1953
Built
Neighborhood:
Northway Crest Sec 02
County:
Travis
Area:
Austin
Elementary School:
Brown
Middle School:
Webb
High School:
Navarro Early College
School District:
Austin ISD
Property Description
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
Exterior Features

Attached Garage YN Yes Construction Materials Hardiplank Type Covered Spaces 1 Direction Faces Sw Exterior Features Gutters FullPrivate Yard Fencing Back YardWood Foundation Details Pillar/Post/Pier Garage Spaces 1 Garage YN No Levels One Lot Features Back YardLandscapedTrees-Large (Over 40 Ft)See Remarks Other Structures Guest HousePacking ShdPergolaSecond Residence Parking Features Attached CarportDriveway Patio And Porch Features CoveredFront PorchPatio Roof Metal View Park/Greenbelt Waterfront Features None Waterfront YN No

Interior Features

Appliances MicrowaveFree-Standing Gas RangeRefrigeratorWasher/Dryer Cooling Central AirMulti Units Fireplaces Total 0 Flooring TileWood Heating Central Interior Features Breakfast BarStone CountersEat-In KitchenPantryRecessed Lighting Laundry Location Laundry Room Main Level Bedrooms 4 Num Dining 1 Num Living 1 Rooms Primary Bedroom (First Level Full Bath) Primary Bathroom (First Level Full BathWalk-in Shower) Kitchen (First Level Breakfast BarStone Counters) Window Features Double Pane WindowsVinyl Windows

Property Features

Accessibility Features See Remarks Additional Parcels YN No Association YN No Community Features Dog ParkParkWalk/Bike/Hike/Jog Trail(S Estimated Taxes 10484 Horse YN No Listing Terms CashConventional1031 ExchangeVa Loan New Construction YN No Pool Features None Pool Private YN No Property Condition Updated/Remodeled Property Sub Type Single Family Residence Sewer Public Sewer Spa Features None Special Listing Conditions Standard Tax Annual Amount 10484 Unit Style 1st Floor Entry Utilities Electricity ConnectedWater ConnectedSee Remarks Water Source Public

Property listed by Keller Williams Realty.


© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information 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. Data last updated: 2022-06-28T00:00:38.673.
 
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