11815 LOCHRIDGE DRIVE, AUSTIN, TX 78758

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11815 Lochridge Drive

Austin, TX 78758

Status of the property has changed, please contact for details

List Price$610,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

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

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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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