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$799,000
Est.Price: ?

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511 E 50th ST Austin, TX 78751
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511 E 50th ST Austin, TX 78751

TX > Austin > Mueller Fred A
Austin, TX 78751,511 E 50th ST

$799,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,866 SqFt


SOLD DATE : 05/14/2021

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,866 sqft

Price per Sqft $218

Subdivision Mueller Fred A

MLS Listing ID 7770943

Sold Date 05/14/21

HOA Y/N No

Year Built 1984

Annual Tax Amount $12,209

Tax Year 2020

Lot Size 9,234 Sqft

Acres 0.212

Property Sub-Type Duplex

Source actris

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.

Location

State TX

County Travis

Area 4

Interior

Interior Features Ceiling Fan(s), Vaulted Ceiling(s), No Interior Steps, Walk-In Closet(s)

Heating Central, Electric, Exhaust Fan, Fireplace(s)

Cooling Central Air, Electric

Flooring Carpet, Laminate

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Y

Appliance Dishwasher, Disposal, Exhaust Fan, Electric Oven, Free-Standing Electric Range, Refrigerator, Washer/Dryer

Exterior

Exterior Feature None

Fence None

Community Features None

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

View None

Roof Type Composition,Shingle

Accessibility None

Porch None

Building

Lot Description City Lot, Level, Trees-Medium (20 Ft - 40 Ft)

Faces East

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Asphalt,Frame,Vertical Siding

New Construction No

Schools

Elementary Schools Ridgetop

Middle Schools Lamar (Austin Isd)

High Schools Mccallum

School District Austin Isd

Others

Restrictions None

Acceptable Financing Cash, Conventional

Tax Rate 2.14486

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Pam Wachholz

Pam Wachholz

pam@pamwachholzrealtor.com +1(512) 925-5309

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Listed by Austin Evolution Residential • Jeremy Boos
Bought with Respace LLC
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