7685 NORTHCROSS DRIVE, AUSTIN, TX 78757

Homes for sale in Austin.

Homes for sale in 78757.


Active

List Price$1,220,000

7685 Northcross Drive

Austin, TX 78757

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Listing #8240841

4

Number of Units

Multi-Unit Residential

Type

About This Property

TURNKEY CENTRAL AUSTIN CONDO PORTFOLIO | 7 UNITS Rare opportunity to acquire seven income-producing condominium units as a portfolio in the sought-after Allandale area of Central Austin. The portfolio includes six 1-bedroom/1-bath units and one 2-bedroom/2-bath unit, offering an exceptional opportunity for an investor seeking a turnkey rental portfolio in a highly desirable location. Several units are currently furnished and have been successfully utilized for short-term and longer-term rentals. Two of the one-bedroom units and the two-bedroom unit are furnished, while all units have historically been income-producing, with the exception of the 2-bedroom unit, which has been used as a secondary residence. The units are ideally positioned within a peaceful, private condominium community with established charm and laid-back Austin vibes, featuring courtyard views and mature oak trees providing beautiful shade. Furnishings and chattels convey with the sale, allowing for a seamless transition for continued rental use. Furnishings include king beds, bedding, sofas, desks and chairs, wall art, and fully equipped kitchens. Each unit also includes a refrigerator, washer and dryer, and Nest thermostat. The community offers an impressive collection of amenities, including a pool, clubhouse, fitness center, common-area workspaces, event space, and game room. HOA dues include high-speed internet and cable, water and wastewater, trash, recycling and composting, and parking for two vehicles per unit. HOA rules require a minimum 30-day rental period. Conveniently located in Central Austin with easy access to Burnet Road's popular restaurants, coffee shops and shopping, as well as Northwest Park and surrounding neighborhood amenities. The property also feeds to excellent schools, adding to its long-term appeal. A unique opportunity to acquire a turnkey, furnished-ready portfolio in one of Central Austin's most established and desirable neighborhoods.

Property Features

Location Information

County

Travis

Subdivision

The Allandale

County

Travis

Directions

Put 7685 Northcross in your favorite GPS.

Area

2

Interior Features

Interior

Main Level Primary, Open Floorplan, Pantry, Stone Counters, See Remarks, High Speed Internet, Programmable Thermostat

Floors

Tile

Primary Bedroom On Main

Yes

Laundry

In Unit, Stacked

Has Fireplace

Yes

Disabled Features

See Remarks

Number of Fireplaces

1

Appliances

Washer/Dryer Stacked, Refrigerator, See Remarks

Fireplace Description

See Remarks

Total Number of Units

4

Heating

Central

Accessibility

See Remarks

Exterior Features

Style

See Remarks

Garage Spaces

0

Stories

1

Fencing

Wood

Is New Construction

No

Has a Pool

Yes

Construction/Exterior

See Remarks

Lot Size in Acres

0.028

Exterior

Balcony, Garden, Private Yard, Uncovered Courtyard

Waterfront Description

None

Foundation

See Remarks

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

Yes

Water

Public

View

Pool, Trees/Woods

Parking Description

Parking Lot, See Remarks

Is One Story

Yes

School

Elementary School District

Austin ISD

Middle School

Lamar (Austin ISD)

Elementary School

Gullett

High School

McCallum

Additional Information

Roof/Attic

Shingle

Status

Active

Other Utilities

Electricity Connected, See Remarks, Water Connected

HOA Fee

$282

Gated

Yes

HOA Frequency

Monthly

Association Name

The Allandale

HOA Includes

Common Area Maintenance, Maintenance Grounds, See Remarks, Trash, Utilities

Property Type

RI

Pets

Yes

Property SubType

Quadruplex

Documents Available

Deed Restriction, Financials, Lease, See Remarks

Year Built

1986

Square Feet Source

Public Records

APN

000000000

Similar Listings

Mortgage Calculator

$5,696

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,396

Monthly Tax

$1,016

Monthly Insurance

$284

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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