3415 Lynridge Drive

Austin, TX 78723
$450,000
1896 sqft | 0.23 acres | #5227051

Description

Exceptional duplex investment opportunity in East Austin. This fantastic investment property is situated on a spacious nearly quarter-acre cul-de-sac lot that backs to Winn Park. This property offers a unique blend of investment potential and comfortable living, ideal for those looking to reside in one unit while leasing the other, or simply adding a solid asset to their portfolio. Enjoy seamless connectivity with easy access to highways 183 and 290, just 5 miles from the vibrant Mueller district, 7 miles from Downtown Austin, and 10 miles from The Domain and the North Austin tech corridor. Each unit features 2 bedrooms and 2 full bathrooms, complemented by large, private fenced-in backyards with park views. The main living areas and primary bedrooms are accentuated by vaulted ceilings with exposed beams. Unit A features stylish, low-maintenance vinyl plank flooring, while Unit B comes equipped with stainless steel appliances. Both units offer great potential for enhancements, increasing their appeal and value. Currently, both units are leased, ensuring immediate rental income. Unit A is leased at $1,560/month, expiring in January 2025, and Unit B at $1,600/month, expiring in July 2025.Whether you’re looking to move into one side and lease the other, or maintain both as rental properties, this duplex offers unparalleled flexibility in a rapidly growing area. Additional perks include no HOA fees and access to Google Fiber, enhancing the attractiveness of this property. Seize this opportunity to invest in a burgeoning neighborhood, blending the tranquility of park-side living with the convenience of urban proximity. Contact the Listing Agent to schedule a showing today!
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  • Interior Details
    • Interior Features
      • Interior:Beamed Ceilings, Open Beams Beamed Ceailings, Ceiling Fans, High Ceilings, High Speed Internet, MainLevelPrimary, No Interior St
      • Fireplaces:2
  • Property Details
    • Property
      • View:Park Greenbelt, Neighborhood
      • Lot description:Back Yard, Cul De Sac, Front Yard, BacksToGreenbeltPark, Interior Lot, Level, Trees Medium Size, Trees Small Size
      • Exterior materials:Private Yard
    • Measurements
      • Acres:0.2311
      • Square Feet:1896
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1983
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available
  • Community and Neighborhood Details
    • Community
      • Subdivision:Vintage Hills Sec 06
    • Location
      • School district:Austin ISD
      • Elementary School:Andrews
      • Middle School:Webb
      • High School:Lyndon B Johnson (Austin ISD)
      • County:Travis
  • Financial Details
    • Pricing Details
      • Original List Price:$450, 000
      • Days on Market (Cumulative):23
      • Taxes annual:$8, 189
  • Restrictions
    • Pets
      • Pets:1
  • Other
    • Source
      • MLS #:5227051

Location

Mike TijerinaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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