7685 NORTHCROSS DRIVE, AUSTIN, TX 78757
Homes for sale in Austin.
Homes for sale in 78757.
List Price$1,220,000
7685 Northcross Drive
Austin, TX 78757
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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