tomo logo

$705,000

Beds
2
Baths
2.5
sq ft
1,098

5208 Evans Ave Unit 2, Austin, TX 78751

5208 Evans Ave Unit 2

Austin, TX 78751

  • 2 days on market
2023 Constructed Modern 2 bd/2.5 bath Condominium located in Central Austin's historic North Loop neighborhood that shares not just its boundaries but all of its charms with the historic Hyde Park area. Close to Downtown Austin, Hyde Park and UT! Enjoy the amazing and frequent Events at Mueller approximately 5 Minutes away. Stainless steel appliances, kitchen with quartz countertops, en-suite modern bathrooms with walk-in frameless glass showers, high ceilings, modern lighting and fan fixtures, privacy fence with remote controlled sliding gate for security, landscaping, gutters, a large 2-car carport and a huge shaded yard. Enjoy those sunsets on a huge balcony with designer outdoor tiles. Walking distance to shops, bars, and restaurants including Home Slice Pizza across the paved alley, and FlightPath Cafe a block away. House is part of a 2-unit Condo Regime but shares no walls or utilities so lives like a true single family home. The house has a long-term tenant until May 31, 2025 but its best value is captured with a short-term rental that is estimated to yield incredible annual cash flows with a cap rate exceeding 7%. This is an investor's dream property.

Details

Property type

Condominium

Lot size

3,484.8 sq ft

Price per sq ft

$643

Year built

2023

Annual property taxes

$10,522

HOA

Yes

Price History

11/10/2024
Austin

Austin #4200528

Listed
$705,000

Schools & Community

Neighborhood: 

North Loop

Elementary school: 

Ridgetop

Middle school: 

Lamar (Austin ISD)

High school: 

McCallum

Community features: 

None

High school district: 

Austin ISD

Status: Active

Tomo last checked: 11/13/2024 at 1:25 AM

Listing updated: 11/10/2024 at 2:41 PM

Listed by: Dharmesh Jawarani, Central Metro Realty Phone #: (512) 454-6873

MLS: Austin #4200528

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