11815 LOCHRIDGE DRIVE, AUSTIN, TX 78758
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Homes for sale in 78758.
11815 Lochridge Drive
Austin, TX 78758
List Price$610,000
Listing #2535008
2,200
Square Feet
2
Number of Units
Multi-Unit Residential
Type
About This Property
This remodeled duplex is in great condition and just a short distance from nearby parks and shops. Gracy Farms is an established neighborhood with easy access to Hwy 183 and Mopac. The Domain shopping center and business park are close by giving you options for places to eat, shop, and drink. Only about a 20-minute commute to Downtown, this is a rare opportunity to get an amazing return on investment. The owner/seller is a licensed Texas Real Estate Broker. He's currently operating these units as a short-term rental. Both units earn a total income of $3,500 per month. He would like to continue leasing and renewing every two years. This would make it more cost-effective for the new buyer since there would be no loss of income due to lease turnovers. Partial owner finance or leaving one or both leases early can also be an option.
Property Features
Location Information
County
Travis
Subdivision
Quail Hollow Sec 07
County
Travis
Directions
FROM MOPAC, EAST ON BRAKER, LEFT ON METRIC, RIGHT ON GRACY FARMS, RIGHT ON LOCHRIDGE. LOCATED ON CORNER OF GRACY FARMS AND LOCHRIDGE.
Area
2N
Interior Features
Interior
Breakfast Bar, Ceiling Fan(s), High Ceilings, High Speed Internet, Main Level Primary, No Interior Steps, Open Floorplan, Pantry, Quartz Counters, Smart Thermostat, Walk-In Closet(s)
Floors
Carpet, Tile
Primary Bedroom On Main
Yes
Laundry
Multiple Locations, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Has Fireplace
Yes
Disabled Features
None
Number of Fireplaces
2
Appliances
Dryer, Dishwasher, Exhaust Fan, Electric Range, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Disposal, Gas Water Heater, Ice Maker, Microwave, Range Hood, Stainless Steel Appliance(s), VentedExhaust Fan, Washer
Fireplace Description
Living Room
Total Number of Units
2
Heating
None
Accessibility
None
Exterior Features
Style
Masonry
Garage Spaces
2
Stories
1
Fencing
Fenced, Privacy
Is New Construction
No
Lot Size in Acres
0.209
Construction/Exterior
Masonry
Waterfront Description
None
Exterior
No Exterior Steps, Rain Gutters
Has Waterfront
No
Foundation
Slab
Has View
No
Water / Sewer
Public Sewer
View
None
Water
Public
Is One Story
Yes
Parking Description
Concrete, Garage Faces Front, Garage, Garage Door Opener
School
Elementary School District
Austin ISD
Middle School
Burnet (Austin ISD)
Elementary School
Pillow
High School
Anderson
Additional Information
Roof/Attic
Asphalt
APN
02541604080000
Other Utilities
Electricity Available, Natural Gas Available
Status
Active
Property Type
RI
Pets
Yes
Property SubType
Duplex
Documents Available
Financials
Year Built
1983
Square Feet Source
Public Records
Similar Listings
Mortgage Calculator
$2,848
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,198
Monthly Tax
$508
Monthly Insurance
$142
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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