Austin, TX 78758,12219 Tyson CV
$500,000
Est. payment /mo
Est.Price: ?

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1,777 SqFt
SOLD DATE : 04/12/2024

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,777 sqft

Price per Sqft $279

Subdivision Village At Walnut Creek Ph 2

MLS Listing ID 9407776

Year Built 1984

Tax Year 2023

Lot Size 7,230 Sqft

Property Description

Seize the opportunity to own a promising property in the thriving market of Austin, TX. Located at 12219 Tyson Cove, this property presents a lucrative investment for both short-term gains and long-term appreciation.

Property Highlights:
Strategic Location: Nestled in the heart of Austin, this property benefits from its proximity to major tech hubs, bustling commercial areas, and renowned educational institutions. Only minutes from the Domain and Q2 Stadium!
Versatile Potential: Whether you're looking to develop, rent, or flip, this property offers a canvas for a variety of investment strategies.
Solid Structure: Boasting a robust build, the property requires minimal initial investment for renovation or upgrades.

Financial Prospects:
High Rental Demand: With Austin's growing population and booming economy, rental demand in the area is on the rise, promising attractive rental yields. Great opportunity for a new investor as one side is currently lease leaving only one side vacant.
Appreciation Potential: Situated in a rapidly developing neighborhood, the property is poised for significant value appreciation in the coming years.

Key Features:
The property features a duplex with 2 bedrooms and 2 bathrooms in each unit, offering ample space for various tenant demographics.
Includes functional amenities like a kitchen, a spacious living area, and a private backyard.
Ample parking space and easy access to public transportation enhance its rental appeal.

Investor-Friendly Community:
The neighborhood is known for its investor-friendly environment, with numerous successful investment properties and an active local investor community for networking and support.

Conclusion:
This property represents not just a property, but a strategic investment opportunity in one of the country's fastest-growing cities. With its combination of location, potential, and financial prospects, it's an ideal acquisition for an investor.
#Realestateinvestment #duplex

Location

State TX

County Travis

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Linoleum

Fireplaces Number 2

Fireplaces Type Family Room, Masonry

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Fence Back Yard, Fenced, Privacy, Wood

Pool None

Community Features None

Utilities Available Electricity Available

Waterfront No

Waterfront Description None

View None

Roof Type Composition

Building

Lot Description Back Yard, Few Trees

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick Veneer,Frame

New Construction No

Schools

Elementary Schools Pillow

Middle Schools Burnet (Austin Isd)

High Schools Anderson

School District Austin Isd

Others

Acceptable Financing Buyer Assistance Programs, Cash, Conventional, 1031 Exchange, FHA, FMHA, VA Loan

Listing Terms Buyer Assistance Programs, Cash, Conventional, 1031 Exchange, FHA, FMHA, VA Loan

Special Listing Condition Standard

Pets Description Negotiable

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Listed by Real
Bought with Keller Williams Realty

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Colbey Pfund

+1(310) 433-6017

Realtor | License ID: 741291

Realtor License ID: 741291

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