Description
This quadraplex built in 2014 has four 3/2 units, each 1,200 sq ft, with additional space between the two downstairs units. (The manufactured will be removed prior to closing.) Currently multi-generational living, with some painting and polishing this could be an exceptional rental property. Estimating a 7% cap rate with $79,200 annual rent. Plus, while sitting on over 6 acres, there is plenty of room for more development. 12 minutes from Bastrop, 18 from Elgin, 37 minutes to Austin, and 26 minutes to the airport, this is an excellent central location for all the development happening east of Austin. On well and septic. No deed restrictions.
Nearby Schools
Bluebonnet (bastrop Isd)Elementary School
Cedar Creek IntermediateMiddle School
Cedar CreekHigh School
Location
Based on information from the Austin Board of REALTORS (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Copyright © 2022 Austin Board of Realtors Updated: 21st September, 2023 5:32 PM (UTC)
Listing Agent: Monica Poss
Listing Office: Allure Real Estate
Attribution contact: (512) 518-0008 | (512) 775-0974
