8503 Colony Loop DR Active Save Request In-Person Tour Request Virtual Tour
Austin,TX 78724
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $222
Subdivision Colony Meadows Sec 01
MLS Listing ID 2900562
Year Built 1984
Annual Tax Amount $9,597
Tax Year 2024
Lot Size 0.307 Acres
Property Description
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.
Location
State TX
County Travis
Interior
Heating Central
Cooling Central Air
Flooring Tile,Vinyl
Exterior
Exterior Feature Balcony
Fence None
Pool None
Community Features None
Utilities Available Cable Connected,Electricity Connected,High Speed Internet,Sewer Connected,Water Connected
Waterfront Description Stream
View None
Roof Type Shingle
Building
Lot Description Corner Lot,Wetlands
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Masonry ? Partial,Wood Siding
New Construction No
Schools
Elementary Schools Overton
Middle Schools Dobie (Austin Isd)
High Schools Lyndon B Johnson (Austin Isd)
School District Austin Isd
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard
Pets Allowed All