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5BR Home in Austin , TX
About This Property
8 BEDS | 5.5 BATHS | 4,903 SQUARE FEET | BUILT 1999 ๐ฅ๐ฅ๐ฅ Close by the end of the year for ~$650K in depreciation expense for 2025. NEW LOWER DOWN PAYMENT! Two houses, two pools, separated by fence Can rent together or separately 5 bedroom/3.5 bathroom + pool + volleyball court 3 bedroom/2 bathroom + pool Current STR, sold turnkey and furnished 5-acre lot Can subdivide and sell separately in the future Located in the ETJ Low tax rate ๐ฐ Sales Price: $2.1M Valuations: ๐ Tax Appraised Value: Contact for details ๐ Remine: Contact for details ๐ Zestimate: Contact for details ๐ CoreLogic Value: Contact for details Finance Terms: โ Down Payment - Contact for details (15%) โ Interest Rate - 4.99% โ 30-year amortization โ - 5 years โ Taxes - Contact for details/yearly โ No HOA โ Seller pays all commissions โ = Contact for details + insurance (to be quoted by your carrier) - $2.1M with 20% down and 4.99% interest = Contact for details + Contact for details TAX + $0 HOA + INSURANCE Exit Strategies: ๐ฐ STR - Contact for details/month or Contact for details/year Units can be rented together or separately Income projection separately = $126.8K + $69.3K = $196.1K/year Income projections renting properties together = $251.4K/year 2024 income with part-time personal/corporate use of both houses = $191K ๐ฐ MTR - Contact for details/month or Contact for details/year ๐ฐ LTR - Contact for details/month or Contact for details/year ๐ฐ Padsplit - Contact for details/month or Contact for details/year ๐ก Exit - Homestead, Househack, STR, Corporate Retreat **PLEASE DO YOUR OWN DUE DILIGENCE ON ALL STATED ASSUMPTIONS** By accessing this information, you acknowledge that the agent has worked on terms with the seller and the listing agent, and has a signed Option Agreement in place with the seller. As such, should you decide to make an offer, the agent will be representing you as your agent (on this property only), and any commissions offered by the seller will be paid to me as the buyer's agent. You will not be responsible for any finders fees or commissions associated with selling the property. If you do not agree to these terms, please do not access additional details about this property. ๐ฉ DM/Text/Call for address, more details, or to be added to my buyers list. Beth Perkins REALTORยฎ, RSPS, CPA, MBA ๐ (786) 322-3646 ๐ง
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