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702 W Crestland Drive

Austin, TX 78752
1929 sqft | 4 beds | 4 baths | 0.19 acres | #7984315
Type:Purchase
Structure:House
Zone:Residential

Description

Cashflow opportunity with 98% occupancy! Completely renovated 3 Bed 2 Full Bath income generating property with completely separate sleeps 4 + 2 bath air bnb guesthouse. Investor's market cash flow in current bnb market is 10,400/ mo if both units are BNB (with of occupancy 99% for 2021 and 98% for 2022). New standing seam metal roof on main house and newer metal roof on back house (lasts forever), completely new HVAC/ ductwork, new electric wiring/ outlets, 2 new tankless WHs, new water lines, new gas lines and complete updated and tasteful finish-out! Potential for third ADU when applicable Austin code is passed for another $3000-4000 per month or more in BNB potential. Must see, turnkey, neighbor currently does property management and guest turn-over! Gorgeous park directly across the street and within walking distance there are charming trails and endless options of shopping and dining! Back house was featured in Austin Cool Homes Tour and it is also an Austin 5 Star Green Energy Rated Property! Matterports for front and backhouse: https://my.matterport.com/show/?m=QTQYA8M93hk backhouse: https://my.matterport.com/show/?m=hyPqztMrRQP

  • Property Details
      • Days on Market (Cumulative)64

Location

Samuel LemelleReal Estate Group
OR

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