2901 Kestrel DR, Austin TX, 78745
(Active)
$549,000
|
1,990 sqft
|
MLS# 2058807
Last Updated: 4/27/2024 4:08 PM
Description for
2901 Kestrel DR
Austin, TX 78745
**For full Offering Memorandum go to tinyurl.com/2901-Kestrel - Showings only with executed contract** Investment Opportunity - South Austin Duplex Hidden pocket off the main road"close enough to be convenient but still tucked away. Both units come with long-term tenants, but they are on month-to-month leases, so the buyer can owner-occupy or increase rents to market value. Also, two full baths in each make it ideal for roommates.This duplex is much newer than most of the typical buildings in the Austin area too. Since it's built in the 90's you don't have the same worries about cast iron or other properties from 70's and older duplexes.Both sides are month-to-month - perfect because you'll have the ability to raise rents up to market levels, and house-hackers can choose a unit to occupy after the close. The location is superb - it's minutes from Mopac and William Cannon, and it's very convenient to Costco, HEB, Whole Foods, Sprouts, and all of Sunset Valley. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin.
Price
$549,000
Cherry Creek Ph 08 Sec 05-A
Travis
1,990 (approx)
2058807
Active
Description
**For full Offering Memorandum go to tinyurl.com/2901-Kestrel - Showings only with executed contract** Investment Opportunity - South Austin Duplex Hidden pocket off the main road"close enough to be convenient but still tucked away. Both units come with long-term tenants, but they are on month-to-month leases, so the buyer can owner-occupy or increase rents to market value. Also, two full baths in each make it ideal for roommates.This duplex is much newer than most of the typical buildings in the Austin area too. Since it's built in the 90's you don't have the same worries about cast iron or other properties from 70's and older duplexes.Both sides are month-to-month - perfect because you'll have the ability to raise rents up to market levels, and house-hackers can choose a unit to occupy after the close. The location is superb - it's minutes from Mopac and William Cannon, and it's very convenient to Costco, HEB, Whole Foods, Sprouts, and all of Sunset Valley. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin.
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 0.16 Acres | 1,990 (approx) | 1996 |
| Yes-2 spaces | 1 | Brick Veneer,Frame |
Cherry Creek Ph 08 Sec 05-A
Slab
Public
Public Sewer
Electricity Available, Natural Gas Available
Neighborhood
School Information
| Cunningham | Covington | Crockett |
Room Information
Main Level
Interior Features
Dishwasher, Microwave, Range, Refrigerator
Tile, Laminate
Central Air, Ceiling Fan(s)
Other,
Central
2,
Living Room
Ceiling Fan(s), Laminate Counters
Exterior / Lot Features
2 Garage Spaces,
Attached, Garage
Frame, Brick Trim/Veneer
Porch
Shingle
None
None
Driving Directions
From William Cannon go south on Westgate, Left on Willet, Turn on Kestrel - property on left
Financial Considerations
| 04192305320000 |
| $10,682 |
Cash, Conventional, FHA, VA Loan
Listing Price History
Austin Real Estate
Austin is located in Texas. Austin, Texas 78745 has a population of 986,248.
The median household income in Austin, Texas 78745 is $72,336. The median household income for the surrounding county is $83,177 compared to the national median of $66,222. The median age of people living in Austin 78745 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/28/2024 | Active | $549,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $11,154 USD | 26.16% | $590,431 USD | 4.55% |
| 2021 | $8,841 USD | 18.21% | $564,757 USD | 39.04% |
| 2020 | $7,479 USD | -1.05% | $406,177 USD | 20.92% |
| 2019 | $7,558 USD | 4.86% | $335,900 USD | -4.68% |
| 2018 | $7,208 USD | 9.69% | $352,403 USD | 7.38% |