Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
Listing photo for 7402 Geneva Drive, Austin, TX
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7402 Geneva Drive,

Austin, TX $825,000

$825,000

2,044 Sqft
0.37 Acre
2 Garages

Great income producing investment duplex in coveted University Hills, ideally situated next to major highways IH-35, Highway 183 and 290 sitting on over a quarter acre and a Low Tax Rate of 1.9%. Earnings 2023 = $45,000. Can also be an AIRBNB with City Approval. 5% down if you plan to live in one unit and rent the other one out. Enjoy ownership of this 4 bedroom 4 bathrooms 2 laundry rooms and 2 car garage duplex in an established neighborhood with mature trees and parks perfect for families, with a deck overlooking Walnut Creek perfect for entertaining and relaxing while enjoying the outdoors. Recent renovations include roof replacement, updates to the bathrooms and laundry rooms and a new AC unit. Just under 10 minutes to downtown Austin, UT, Austin Community College, Domain in North Austin giving you a variety of restaurants and shopping options, Austin FC Stadium and major tech company employers. For a savvy investor this positive cashflow property offers a promising opportunity to make your own interior cosmetic updates for instant value add and rent increases in this quiet family neighborhood with no HOA and a ton of new construction development. The property has 2 leased Units with long-term tenants and leases end in March 2024 and July 2024: Unit A (2-2, separate Laundry Room + 1 car garage) & unit B (2-2, separate Laundry Room + 1 car garage). Don't Miss Out! Lenders available.

Facts & Features
MLS® # 2220916
Price $825,000
Bathrooms 0.00
Square Footage 2,044
Acres 0.37
Year Built 1985
Type Residential Income
Sub-Type Duplex
Status Active
Community Information
Address 7402 Geneva Drive
Area 3
Subdivision University Hills Sec 04 Ph 04
City Austin
County Travis
State TX
Zip Code 78723
Amenities
Utilities Above Ground Utilities, Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Features Barbecue, Playground, Park
Parking Driveway, Garage, Off Street
Garage Spaces 2
View Neighborhood
Is Waterfront No
Waterfront None
Has Pool No
Interior
Interior Vinyl
Appliances Convection Oven, Cooktop
Heating Central
Fireplace No
# of Stories 1
Stories One
Exterior
Exterior Features Exterior Steps, Gas Grill
Lot Description Level, Private, Few Trees
Roof Shingle
Construction Brick
Foundation Slab
School Information
District Austin ISD
Elementary Andrews
Middle Pearce Middle
High Lyndon B Johnson (Austin ISD)
Additional Information
Date Listed March 3rd, 2024
Days on Market 57
Foreclosure No
Short Sale No
RE / Bank Owned No
Property Listed By:
Office Spyglass Realty
Photo of Ashley Stucki

Ashley Stucki

The information being 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from . Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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