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1203 Gregory Lane

Round Rock TX 78664

4
2253 sq. ft.
9278.28 sq. ft.
Duplex
Currently for sale - view listing

Overview

Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation. Key Features: Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal. Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history. Income Potential: Competitive rental income with scope for future increases. Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options. Community Amenities: Close proximity to parks, recreational facilities, and community centers. Stable cash flow with upward trending rental market. Potential for asset appreciation in a high-demand area. Opportunity for portfolio diversification. Low vacancy rates with a strong tenant retention history. The properties have been managed by a professional property management team, ensuring a hassle-free investment experience. In the last two years, the following has been repaired: 1201 Gregory - chimney and roof repair, replaced AC capacitor 1203 Gregory - replaced dishwasher motor, new AC condenser capacitor, blower motor capacitor, and flood switch, chimney and roof repair, replaced kitchen faucet This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.

Features

4 carspaces
2 garage spaces
2253 sq. ft. floor area
9278.28 sq. ft. lot size
Duplex

Happy sellers in Round Rock

84%
84% of sellers in Round Rock reported that their sale price either exceeded or met their price expectations.

Round Rock stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Round Rock over the last 12 months.

Local market activity for duplexes in Round Rock

In the last 12 months, 8 duplexes similar to 1203 Gregory Lane, have been sold.

This represents a 47% increase in duplexes sales when compared to the previous 12 months.

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