Home For Sale In Del Valle, Texas

house for sale

Listed: 06/09/24

3017 Cheviot Ln, Del Valle, Texas, 78617

9 Bed:

3 Bath:

2,800 Sq Ft Living Area:

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Price

$ 425,000

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About This House

Investors seeking a high-reward project won't want to miss this unique opportunity in a prime Del Valle/Austin location. This detached multi-unit property offers flexibility and privacy for future renovations, allowing you to customize layouts and cater to specific renter preferences. The property boasts excellent access to major highways, the airport, Tesla Giga Factory, and exciting attractions like McKinney Falls State Park and Circuit of the Americas - all within minutes! With its detached units, this property is ideal for investors with a vision to unlock its full potential. The potential exists to renovate individual units and customize layouts, or even remove one unit (subject to feasibility) to create additional parking or green space. This multi-unit property offers separate income streams and resides in a prime location with strong rental demand, making it a perfect candidate for increased income after renovation. Don't miss out on this exciting investment opportunity!

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Houses for sale in Austin

Original listing

Austin Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$615,370 (+5%)
Apr 2024	$586,185 (-3.8%)
Mar 2024	$609,490 (0%)
Feb 2024	$609,490 (0%)
Jan 2024	$609,490 (+2.8%)
Dec 2023	$592,838 (-6.4%)

In May 2024, the asking price for 2 bed houses for sale in/near Austin, United States averaged $615,370, an increase of 5% from the previous month.

Median price trends for properties for sale in Austin, United States as of May 2024.

Household Income

Median household income: $71,543

Number of households: 390,395

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.

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