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$1,065,000

Beds
4
Baths
2.0
sq ft
1,880

2310 Santa Rita St, Austin, TX 78702

2310 Santa Rita St

Austin, TX 78702

  • 63 days on market
    • Price drop $25,000↓
Step inside La Rosa – The Rose! Where modern day amenities meet classic East side charm, creating a rare opportunity to own a potentially high-income producing asset in the urban core of the city, and just steps away from all things Austin! Essential to East Austin living are the two covered, outdoor living spaces- one with a brand new Cowboy pool and turf grass for maintenance free living. Perfect for entertaining and small gatherings, invite your friends, family, and guests alike! Located only blocks from I-35, walking distance to Saltillo District, Rainey Street and a multitude of other East Austin bars, restaurants, and retail. Less than 10 minutes to ABIA and easy access to Hwy 183. Here is the East Austin jewel you've been waiting for! This eclectic, yet recently remodeled cottage lives like a 4 bedroom home, but could easily be converted into a Short-Term Rental or duplex for maximum occupancy and profitability. The home boasts two full kitchens, two living spaces and two private entrances in order to help make this investor’s dream, a total reality! Pops of color and lively wallpaper make this home the PERFECT short term rental, and is being sold fully furnished, creating the ultimate turn-key business! Rent out one side and live on the other, rent out both sides separately, or rent the entire home! More flexibility, means more $$$! This is truly a one-of-a-kind cashflow opportunity! This recently remodeled property (each unit is 2Bed/1Bath layout) is not only a great long term equity appreciate play, but ALSO can cashflow IMMEDIATELY! Don’t miss out on this one! See website here: http://www.larosaaustin.com/

Details

Property type

Single Family Residence

Est. home value

$1,085,664

Lot size

3,001.28 sq ft

Price per sq ft

$567

Year built

1969

Annual property taxes

$15,228.02

Price History

06/26/2024
Austin

Austin #4588029

Price change
$1,065,000
-2.29%
05/03/2024
Austin

Austin #4588029

Listed
$1,090,000

Schools & Community

Neighborhood: 

Holly

Elementary school: 

Zavala

Middle school: 

Martin

High school: 

Eastside Early College

Community features: 

Curbs, Sidewalks

High school district: 

Austin ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citizens National Bank

Loan start date

May 2023

Original loan amount

$640,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Commercial, 22 year

Seller

Villa Arroyo Ventures Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 9:50 PM

Listing updated: 06/26/2024 at 1:27 PM

Listed by: Hannah Allen, Twelve Rivers Realty Phone #: (512) 588-1453

MLS: Austin #4588029

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