Austin, TX 78704,2804 Westhill DR

$1,325,000

Est.Price: ?

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Est. payment /mo

3,526 SqFt


SOLD DATE : 10/14/2022

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,526 sqft

Price per Sqft $311

Subdivision Barton Village Sec 02

MLS Listing ID 1613964

Sold Date 10/14/22

Originating Board actris

Year Built 1967

Annual Tax Amount $18,272

Tax Year 2021

Lot Size 9,278 Sqft

Property Description

SELLER FINANCING AVAILABLE AT 4.85%! Skip the hassle of the traditional mortgage process and circumvent skyrocketing interest rates with this rare opportunity to purchase a central Austin investment with Seller Financing. Contiguous properties with one owner allow for seller financing of both as well as a number of ways to structure the sale, depending upon buyer needs. Contact listing agent for more details. 2804 Westhill Dr and neighboring 2802 Westhill Dr (Each quadplex listed separately for sale, MLS ID for 2802 Westhill is 2519034) present an opportunity to purchase two neighboring quadplexes in the Zilker/Barton Hills area. Easy access to Greenbelt, Barton Springs Pool, Hike & Bike trail as well as South Lamar Dining & Entertainment. Zoned MF-3. Each property has been thoughtfully maintained and features two 1br/1.5ba units and two 2br/1.5ba units. Ample parking and private fenced yards for rear units. One vacant unit in each building has been updated with LVP flooring & fresh paint. The list of possible investment strategies is lengthy. Buy one, or both! Purchasing both allows the unique ability to finance a total of 8 doors with conventional lending. One could Buy & Hold As-Is, Renovate, House Hack as a primary residence (Short Term Rental licensing potential with a primary residence), potentially combine units for a larger owner-occupied space. Redevelop (combined lots = approx .45 acre) or even potentially separate units into a condo regime for individual sale. Quote for condo regime has been requested and will be added to the docs once received. Recently renewed units are leasing between $1800-2200 + additional potential upside with renovations. Don’t miss this one of a kind investment opportunity! Refrigerators and Washer/Dryers in each unit convey. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc.

Location

State TX

County Travis

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Tile, Vinyl

Fireplace Y

Appliance Dishwasher, Disposal, Exhaust Fan, Range, Refrigerator, Water Heater

Exterior

Exterior Feature Private Yard

Fence Back Yard, Privacy

Community Features None

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Waterfront No

View Neighborhood

Roof Type See Remarks

Accessibility None

Porch Patio

Parking Type Off Street, Parking Lot

Building

Lot Description Back Yard, Trees-Medium (20 Ft - 40 Ft)

Faces East

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick Veneer

New Construction No

Schools

Elementary Schools Barton Hills

Middle Schools O Henry

High Schools Austin

Others

Pets Allowed Negotiable

Restrictions None

Acceptable Financing Cash, Conventional, Owner May Carry, See Remarks

Tax Rate 2.17668

Listing Terms Cash, Conventional, Owner May Carry, See Remarks

Special Listing Condition Standard

Pets Description Negotiable

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Listed by Compass RE Texas, LLC
Bought with Waterloo Realty, LLC
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