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$1,200,000

Beds
4
Baths
4.0
sq ft
2,081

3204 Larry Ln, Austin, TX 78722

3204 Larry Ln

Austin, TX 78722

  • 7 days on market
Discover this newly renovated triplex nestled in the vibrant heart of the Cherrywood neighborhood, Austin. Perfectly positioned to offer both charm and modern convenience, this property is an exceptional opportunity for investors seeking a lucrative rental income. Each unit boasts a unique design that marries contemporary finishes with the area's distinctive character. With three spacious, light-filled units, this triplex is ideal for tenants seeking comfort and style. The renovations include sleek LVP floors, updated kitchens with stainless steel appliances, and elegant bathrooms featuring modern fixtures. Units share an amazing outdoor space, perfect for relaxing or entertaining. Situated in a highly desirable neighborhood, this triplex is just moments away from the University of Texas, downtown Austin, and an array of eclectic shops, eateries, and parks. Public transportation and major highways are easily accessible, enhancing the property's appeal to a wide range of tenants. Whether you’re a seasoned investor or new to the rental market, this Cherrywood triplex offers a turnkey solution with strong rental potential. Don't miss out on this unique investment opportunity in one of Austin's most sought-after neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$871,382

Lot size

8,263.33 sq ft

Price per sq ft

$577

Year built

1947

Annual property taxes

$14,617

Price History

06/27/2024
Austin

Austin #9147316

Listed
$1,200,000

Schools & Community

Neighborhood: 

Upper Boggy Creek

Elementary school: 

Maplewood

Middle school: 

Kealing

High school: 

McCallum

Community features: 

None

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

Sentinel Security Life Insurance Company

Loan start date

October 2022

Original loan amount

$856,185

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Building or Construction Loan, 1 year

Seller

The Larry Collective 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 10:10 PM

Listing updated: 06/28/2024 at 4:06 AM

Listed by: Justin Hroch, Dagwood Management, LLC Phone #: (512) 955-3044

MLS: Austin #9147316

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