1609 MORGAN LANE, AUSTIN, TX 78704
Homes for sale in Austin.
Homes for sale in 78704.
1609 Morgan Lane
Austin, TX 78704
List Price$745,000
Listing #8094917
About This Property
Huge .3 acre flat lot in 78704! Money making 4 plex. All great long term tenants with monthly total rents at 4800. Perfect location and easy to keep rented. Tons of potential for redevelopment. All 4 units have updated Carrier mini splits. Recent 30 yr roof and water heaters. Updated smoke and carbon dioxide detectors. Stucco/rock exterior for low maintenance. Keep the tenants in place to cover holding costs while you get plans and permits approved or just keep the place with rents churning as is. Each unit can be viewed during option period/inspections. Owner would want a 1031 exchange. I will set up showings for serious interest w/at least one unit. Agents, feel free to walk outside the property(text me a time/date) with your buyers but please DO NOT bother my tenants, thank you:)
Property Features
Location Information
County
Travis
Subdivision
Banister Heights
County
Travis
Directions
Hwy 71*N on Banister*First L on Morgan*property is down about 1/4 mile on L*Please park on street, not in driveways or block tenants
Area
6
Interior Features
Interior
Ceiling Fan(s), No Interior Steps
Disabled Features
None
Number of Fireplaces
0
Appliances
Gas Range, Refrigerator
Heating
Heat Pump
Total Number of Units
4
Floors
Carpet, Tile, Wood
Accessibility
None
Laundry
None
Exterior Features
Style
Frame, Masonry, Stucco
Parking Description
Assigned, Attached
Stories
2
Garage Spaces
0
Is New Construction
No
Fencing
None
Construction/Exterior
Frame, Masonry, Stucco
Lot Size in Acres
0.301
Exterior
None
Waterfront Description
None
Foundation
Slab
Has Waterfront
No
Water / Sewer
Public Sewer
Has View
No
Water
Public
View
None
School
Elementary School District
Austin ISD
Middle School
Lively
Elementary School
Galindo
High School
Travis
Additional Information
Roof/Attic
Composition, Mixed
APN
04060901360000
Other Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected
Status
Active
Property Type
RI
Pets
Breed Restrictions, Cats OK, Dogs OK, Negotiable
Property SubType
Quadruplex
Documents Available
None
Year Built
1946
Square Feet Source
Owner
Similar Listings
Mortgage Calculator
$3,477
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$2,684
Monthly Tax
$620
Monthly Insurance
$173
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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