Pending

Listed by Ian Ianofaustin Williams REALTOR

Source: Austin Board of REALTORS #9305836

1203 Gregory Lane, Round Rock, TX, 78664

$485,000

4
2253 sq. ft.
9278.28 sq. ft.

Duplex

30+ days on the market

What's around 1203 Gregory Lane

About this property

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.

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