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    511 E 50th St

    Austin, TX 78751
    • $799,000
    • STATUS: Active Under Contract
    • ID#: 7770943
    Under Contract
    $799,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,866
      SQFT
    • $279
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Investment Opportunity in Hyde Park - Duplex on large lot with 3 bed/3bth on each side. $3950 total monthly rent, leases expire 7/31/2021. Options to remodel and increase rental income or tear down and rebuild. Duplex next door at 601 E. 50th also for sale and is same layout. Rents are lower due to Covid impacting student lease market. Typically rent for $2200 each. Tenants also pay $100 per month for water. Owner also selling two other duplexes in Hyde Park and will be in MLS soon. 4513 Speedway, $869,000, 3x3 on each side and 3408 Cedar St.,$929,000 with a 2/2 and 3/2 on Huge lot. Buy them all for income producing portfolio. Properties sold as-is. No surveys, originals lost in 2014 house fire. Buyer to buy survey. Buyers agent to do due diligence. All units exact same floorplan. Pictures may be of different units.

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    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-12T00:24:51.407.
    www.efirsttexas.com/homes/114680859
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    511 E 50th St Austin, TX 78751

    • Price: $799,000
    • Status: Active Under Contract
    • ID#: 7770943
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    2,866
    SQFT
    $279
    $/SQFT
    1984
    Built
    Neighborhood:
    Mueller Fred A
    County:
    Travis
    Area:
    Austin
    Elementary School:
    Ridgetop
    Middle School:
    Lamar (Austin ISD)
    High School:
    Mccallum
    School District:
    Austin ISD
    Property Description
    Investment Opportunity in Hyde Park - Duplex on large lot with 3 bed/3bth on each side. $3950 total monthly rent, leases expire 7/31/2021. Options to remodel and increase rental income or tear down and rebuild. Duplex next door at 601 E. 50th also for sale and is same layout. Rents are lower due to Covid impacting student lease market. Typically rent for $2200 each. Tenants also pay $100 per month for water. Owner also selling two other duplexes in Hyde Park and will be in MLS soon. 4513 Speedway, $869,000, 3x3 on each side and 3408 Cedar St.,$929,000 with a 2/2 and 3/2 on Huge lot. Buy them all for income producing portfolio. Properties sold as-is. No surveys, originals lost in 2014 house fire. Buyer to buy survey. Buyers agent to do due diligence. All units exact same floorplan. Pictures may be of different units.
    Exterior Features

    Attached Garage YN No Construction Materials AsphaltFrameVertical Siding Covered Spaces 0 Direction Faces East Exterior Features None Fencing None Foundation Details Slab Garage Spaces 0 Garage YN No Levels One Lot Features City LotLevelTrees-Medium (20 Ft - 40 Ft) Other Structures None Parking Features AsphaltOutsideParking Lot Patio And Porch Features None Roof CompositionShingle View None Waterfront YN No

    Interior Features

    Appliances DishwasherDisposalExhaust FanElectric OvenFree-Standing Electric RangeRefrigeratorWasher/Dryer Cooling Central AirElectric Fireplace Features Living Room Fireplaces Total 1 Flooring CarpetLaminate Heating CentralElectricExhaust FanFireplace(S) Interior Features Ceiling Fan(S)Vaulted Ceiling(S)French DoorsNo Interior StepsWalk-In Closet(S) Laundry Location In Kitchen Unit Room Type Primary BedroomBedroomPrimary BathroomBathroomKitchenDenLiving Room Window Features Aluminum FramesBlinds

    Property Features

    Accessibility Features None Association YN No Community Features None Estimated Taxes 12209 Horse YN Yes Listing Terms CashConventional New Construction YN No Pets Allowed Yes Property Condition ResaleSee Remarks Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 12209 Utilities Cable AvailableElectricity AvailableInternet-CableSewer AvailableWater Available Water Source Public

    Property listed by Austin Evolution Residential.


    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-12T00:24:51.407.
     
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