8503 COLONY LOOP DRIVE, AUSTIN, TX 78724

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Homes for sale in 78724.


8503 Colony Loop Drive

Austin, TX 78724

Status of the property has changed, please contact for details

List Price$695,000

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

Listing #2900562

3,120

Square Feet

Multi-Unit Residential

Type

About This Property

Great corner lot within sight of the Travis County Expo Center, and less than a mile to the 203-acre Colony Park development project! With 3 of the four units at under market rents and the building and interiors in good condition this is an easy project to add value and cashflow for first-time investors and seasoned pros alike. Set up shorter rentals for major Expo events like the Austin Rodeo, or traditional annual leases at market rates to improve cashflow in the property.

Property Features

Location Information

County

Travis

Subdivision

Colony Meadows Sec 01

County

Travis

Directions

East on Loyola, North on Decker, right on Colony Loop. It's the first fourplex on the left.

Area

3E

Interior Features

Interior

None, Storage

Laundry

In Unit, Washer Hookup, Dryer Hookup, ElectricDryer Hookup

Number of Fireplaces

0

Disabled Features

None

Heating

Central

Appliances

Cooktop, Dishwasher, Electric Range, Disposal

Floors

Tile, Vinyl

Accessibility

None

Exterior Features

Style

Masonry, Wood Siding

Parking Description

Off Street

Stories

2

Garage Spaces

0

Is New Construction

No

Fencing

None

Construction/Exterior

Masonry, Wood Siding

Lot Size in Acres

0.308

Exterior

Balcony

Waterfront Description

Stream

Foundation

Slab

Has Waterfront

No

Water / Sewer

Public Sewer

Has View

No

Water

Public

View

None

School

Elementary School District

Austin ISD

Middle School

Dobie (Austin ISD)

Elementary School

Overton

High School

Lyndon B Johnson (Austin ISD)

Additional Information

Roof/Attic

Shingle

APN

2174002030000

Other Utilities

Cable Available, Cable Connected, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water

Status

Active

Property Type

RI

Pets

Yes

Property SubType

Quadruplex

Documents Available

Lease, Survey

Year Built

1984

Square Feet Source

Public Records

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Mortgage Calculator

$3,245

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,504

Monthly Tax

$579

Monthly Insurance

$162

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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