Rare opportunity to acquire an income-producing duplex with an assumable FHA loan at 4.875%well below current market rates. Current rents total $3,600/month, offering strong income potential for investors or owner-occupants looking to offset housing costs. Major system upgrades already completed, including full plumbing replacement (PVC) and a newer roof, significantly reducing future capital expenses. This property is best evaluated based on its favorable financing and long-term hold potential rather than traditional price-per-foot comparisons. Ideal for buyers focused on monthly payment, stability, and income.
| MLS # | 3246695 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 138 |
| Listing Provided By | Compass RE Texas, LLC | Scott Hayes |
| SQ Feet | 1,711 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Acreage | 0.27 |
| Water Front | Yes |
| Property View | None |
| Interior Features | Breakfast Bar, Ceiling Fan(s), Quartz Counters, No Interior Steps, Open Floorplan, Primary Bedroom on Main |
|---|---|
| Cooling | Central Air, Electric |
| Heating | Forced Air, Natural Gas |
| Appliances | Dishwasher, Microwave, Plumbed For Ice Maker, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Water Heater |
| Fireplaces Total | 0 |
| Window Features | ENERGY STAR Qualified Windows, Low-Emissivity Windows, Vinyl Windows |
| Flooring | Tile, Vinyl |
| Exterior Features | Private Entrance, Private Yard |
|---|---|
| Roof | Composition, Shingle |
| Foundation Details | Slab |
| Lot Features | Back Yard, Front Yard, Private, Trees-Large (Over 40 Ft), Trees-Moderate |
| Patio And Porch Features | Front Porch, Rear Porch |
| Fencing | Back Yard, Chain Link, Fenced, Full, Gate, Wood |
| Construction Materials | Brick, Frame |
| Security Features | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Parking Features | Attached Carport |
|---|---|
| Garage Spaces | 0 |
| Utilities | Above Ground, Cable Available, Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Sewer | Septic Tank |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 5355 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78744 |
| Area | 11 |
| Community Name | Martinshaw Resub |
| School District | Del Valle ISD |
| Elementary School | Smith |
| High School | Del Valle |
| Listing VS Median (in Martinshaw Resub) | |
Price: $585,000 low | high Med: $293,175 sqft: 1,711 low | high Med: 1,733 $ / sqft: $342 low | high Med: $171 On site: 138 low | high Med: 79 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78744 |
| Area | 11 |
| Community Name | Martinshaw Resub |
| School District | Del Valle ISD |
| Elementary School | Smith |
| High School | Del Valle |
| Listing VS Median (in Martinshaw Resub) | |
Price: $585,000 low | high Med: $293,175 sqft: 1,711 low | high Med: 1,733 $ / sqft: $342 low | high Med: $171 On site: 138 low | high Med: 79 | |