7402 Geneva Dr
Austin, TX 78723

  • – beds
  • – baths
  • 2,044 sqft
  • 16,134 sqft lot
  • $403 per sqft
  • 1985 build
  • on site

Great income producing investment duplex in coveted University Hills, ideally situated next to major highways IH-35, Highway 183 and 290 sitting on over a quarter acre and a Low Tax Rate of 1.9%. Earnings 2023 = $45,000. Can also be an AIRBNB with City Approval. 5% down if you plan to live in one unit and rent the other one out. Enjoy ownership of this 4 bedroom 4 bathrooms 2 laundry rooms and 2 car garage duplex in an established neighborhood with mature trees and parks perfect for families, with a deck overlooking Walnut Creek perfect for entertaining and relaxing while enjoying the outdoors. Recent renovations include roof replacement, updates to the bathrooms and laundry rooms and a new AC unit. Just under 10 minutes to downtown Austin, UT, Austin Community College, Domain in North Austin giving you a variety of restaurants and shopping options, Austin FC Stadium and major tech company employers. For a savvy investor this positive cashflow property offers a promising opportunity to make your own interior cosmetic updates for instant value add and rent increases in this quiet family neighborhood with no HOA and a ton of new construction development. The property has 2 leased Units with long-term tenants and leases end in March 2024 and July 2024: Unit A (2-2, separate Laundry Room + 1 car garage) & unit B (2-2, separate Laundry Room + 1 car garage). Don't Miss Out! Lenders available.

Austin Board of REALTORS logo Listing courtesy of ABOR / Irene Mwathi / Spyglass Realty

Last checked: Checking… • Last updated Mar 15, 2024 •

MLS# 2220916 —

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Sale history

Date Event Source Price % Change
3/3/24
Listed / Active ABOR $825,000

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$825,000

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Listing provided by broker:

Irene Mwathi

Spyglass Realty

512-934-1411

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This multifamily located in East Austin, Austin, TX 78723 is currently for sale for $825,000. 7402 Geneva Dr is a 2,044 square foot multifamily with – beds and – baths that has been on Estately for 63 days. 7402 Geneva Dr is in the East Austin neighborhood of Austin and has a WalkScore® of 39, making it car-dependent. This multifamily is in the attendance area of Andrews Elementary School, Pearce Middle School, and Lbj Early College.

Austin Board of REALTORS logo Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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