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Image 1 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 2 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 3 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 4 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 5 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 6 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 7 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 8 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Image 9 - 8503 Colony Loop Dr, Austin, Texas, 78724 - House for sale
Home For Sale In Austin, Texas
8503 Colony Loop Dr, Austin, Texas, 78724

Home For Sale In Austin, Texas

house for sale
Listed: 06/17/24

8503 Colony Loop Dr, Austin, Texas, 78724

8 Bed:
4 Bath:
3,120 Sq Ft Living Area:
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Price
$ 695,000

About This House

Great corner lot within sight of the Travis County Expo Center, and less than a mile to the 203-acre Colony Park development project! With 3 of the four units at under market rents and the building and interiors in good condition this is an easy project to add value and cashflow for first-time investors and seasoned pros alike. Set up shorter rentals for major Expo events like the Austin Rodeo, or traditional annual leases at market rates to improve cashflow in the property.

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Austin Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In June 2024, the asking price for 2 bed houses for sale in/near Austin, United States averaged $561,909, a decrease of 8.7% from the previous month.
Median price trends for properties for sale in Austin, United States as of June 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.