Austin, TX 78724,8503 Colony Loop DR
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Austin, TX 78724,8503 Colony Loop DR
Austin, TX 78724,8503 Colony Loop DR
Austin, TX 78724,8503 Colony Loop DR
Austin, TX 78724,8503 Colony Loop DR
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$ 695,000
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8503 Colony Loop DR Austin, TX 78724

3,120 SqFt


UPDATED:

07/25/2024 02:19 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $222

Subdivision Colony Meadows Sec 01

MLS Listing ID 2900562

HOA Y/N No

Originating Board actris

Year Built 1984

Annual Tax Amount $9,597

Tax Year 2024

Lot Size 0.307 Acres

Acres 0.3075

Property Description

Great corner lot within sight of the Travis County Expo Center, and less than a mile to the 203-acre Colony Park development project! With 3 of the four units at under market rents and the building and interiors in good condition this is an easy project to add value and cashflow for first-time investors and seasoned pros alike. Set up shorter rentals for major Expo events like the Austin Rodeo, or traditional annual leases at market rates to improve cashflow in the property.

Location

State TX

County Travis

Interior

Interior Features None

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Cooktop, Dishwasher, Disposal, Electric Range

Exterior

Exterior Feature Balcony

Fence None

Pool None

Community Features None

Utilities Available Cable Connected, Electricity Connected, High Speed Internet, Sewer Connected, Water Connected

Waterfront No

Waterfront Description Stream

View None

Roof Type Shingle

Porch Front Porch

Total Parking Spaces 8

Building

Lot Description Corner Lot, Wetlands

Faces North

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Masonry – Partial,Wood Siding

New Construction No

Schools

Elementary Schools Overton

Middle Schools Dobie (Austin Isd)

High Schools Lyndon B Johnson (Austin Isd)

School District Austin Isd

Others

Pets Allowed All

Special Listing Condition Standard

Pets Description All


Listed by North Loop Realty

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8503 Colony Loop DR