This well-maintained 4-plex home offers an unparalleled opportunity for investors seeking a reliable income stream, as well as owner-occupiers looking to live in one unit while renting out the others. Backing up to East Bouldin Creek, this property provides a serene backdrop in the heart of78704,just minutes from downtown and within walking distance to St. Edward's University, as well as the SoCo shopping and entertainment district with its eclectic mix of boutiques, eateries, and live music venues. Currently, units 1, 3, and 4 are leased, generating a total monthly rental income of$5, 150.Unit 2 is vacant and ready to show, offering immediate move-in potential or an opportunity to lease and maximize income. When fully leased, this property had a rental income of$6, 975per month. A new roof was installed in April 2024.
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The average household income in
Austin, TX
grew
from
$67,755
to
$71,543
in the past year. This data is an estimate based upon
390,395
households in
Austin, TX. The chart below presents how household income is distributed in
Austin, TX
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Austin, TX
compared to median property taxes around the country. The prevalent amount of property taxes in
Austin, TX
equals
$3k+
, which is
more
than the national average.