8503 Colony Loop DR

Austin, TX 78724

For Sale $695,000

Listed 143 days ago for $695,000
  • Status: Active
  • Property Type: Quadruplex
  • County: Travis
  • School District: Austin ISD
  • Subdivision: Colony Meadows Sec 01
  • SqFt: 3,120
  • $/SqFt: 222.76
  • Lot Size: 0.3075 acres
  • Levels: Two
  • Built: 1984
  • Est. Taxes: $8964.12
  • Association/HOA : No
  • Waterfront: No
  • Private Pool: No
  • Heating: Central
  • Cooling: Central Air
  • Interior Features: None
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.

Construction Materials
Masonry – Partial, Wood Siding
Roof
Shingle
Exterior Features
Balcony
Green Energy Efficiency
None
Pool Features
None
Lot Features
Corner Lot, Wetlands
Patio and Porch Features
Front Porch
Waterfront Features
Stream
Appliances
Cooktop, Dishwasher, Disposal, Electric Range
Parking
Parking Spaces 8
Garage Spaces None
Parking Features Off Street
Community Features
None
Listing ID
2900562

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Location

Schools
Elementary
Middle School
Dobie (Austin ISD)
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High School
Lyndon B Johnson (Austin ISD)
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