7206 Twin Crest Drive

Austin TX 78752

3498 sq. ft.

8407.08 sq. ft.

Duplex

David Mosrie, last sold this property on 30 December 2021 after -417 days on market.

Overview

*****DEADLINE TO SUBMIT ALL OFFERS : 12/2 AT 5PM***** Up and coming Highland location for this great value add fourplex. Like buildings with similar income in the area selling in the mid-700s, substantial immediate equity and above market returns. Currently under-rented, pro-forma returns look solid at 5%+. Well maintained, under solid management for many years, has kept property stable and rented, but at up to $100 / unit below market rents at this point, as shown by close by comps. One unit kept vacant for easy showing.

Features

8 carspaces

3498 sq. ft. floor area

8407.08 sq. ft. lot size

Duplex

Estimated Value

We need at least 3 similar duplexes sold in Austin over the last 12 months.

Property history for 7206 Twin Crest Drive

2021

Sold

Undisclosed

30 Dec 2021 by David Mosrie, of Texas Ally Real Estate Group

Happy sellers in Austin

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