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$1,995,000

Beds
4
Baths
3.0
sq ft
2,016

2408 W 12th St, Austin, TX 78703

2408 W 12th St

Austin, TX 78703

  • 30 days on market
Don't miss this incredible investment opportunity in the highly coveted Tarrytown neighborhood! This prime location offers unparalleled access to some of Austin's most beloved attractions. Enjoy a leisurely walk to Zilker Park for the ACL music festivals, dine at top-notch restaurants just around the corner on Lake Austin Blvd, or paddle on the serene waters of Lake Austin, or tee off at Lions golf course,all located just a few blocks away. This property features three ready-to-rent units, with some furnishings negotiable, making it an investor's dream. Each unit is beautifully maintained and updated, featuring original hardwood floors that add charm and character. Modern kitchens and included appliances (washer, dryer, and refrigerators) ensure tenants have everything they need for comfortable living. The main house, located on W 12th Street, offers a spacious 2-bedroom, 1-bath layout with a tandem garage, perfect for those seeking proximity to downtown. The duplex, situated on the corner of Possum Trot and 12th, includes two 1-bedroom, 1-bath units, each with their own garage. Each unit also boasts a private yard or enclosed patio setting, perfect for entertaining guests or enjoying a quiet evening outdoors. This is a rare find in one of Austin’s most desirable areas. Whether you're looking to expand your rental portfolio or seeking a solid income-generating property, this Tarrytown gem offers endless potential. Schedule a viewing today and seize this outstanding investment opportunity!

Details

Property type

Single Family Residence

Est. home value

$1,800,705

Lot size

0.25 acres

Price per sq ft

$990

Year built

1951

Annual property taxes

$22,713.33

Price History

06/07/2024
Austin

Austin #1622540

Listed
$1,995,000

Schools & Community

Elementary school: 

Casis

Middle school: 

O Henry

High school: 

Austin

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

Southstar Bank Ssb

Loan start date

June 2022

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Leisa Beth Mclelland and Lacey Elizabeth Mclelland

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: 07/07/2024 at 5:45 PM

Listing updated: 06/10/2024 at 9:05 AM

Listed by: Sherry Ellenbogen, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #1622540

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