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1608 Parker LN, Austin, Texas 78741 For Sale

1,343 Sqft - 1608 Parker LN, Austin, Texas 78741

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Property Description

**For full Offering Memorandum go to tinyurl.com/1608parker ** There is a lot to love about this Riverside duplex. Both units come occupied with great tenants and both sides have private laundry facilities and covered parking. However, the investor still has the opportunity to raise rents to increase cash flow. The location is prime. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin. The duplex is also just a short walk from the UT Shuttle bus and Metro lines.
Note that the sewer lines have been replaced with PVC and the foundation has been repaired with steel piers which will save the buyer tens of thousands of dollars in repair costs.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : ACT5475581
Price : $525,000
Square Footage : 1,343 Sqft
Year Built : 1964
Lot Size : 11,417.10 Sqft
Property Sub Type : Duplex
Standard Status : Pending
Features
Heating System : Central, Wall Furnace, Varies By Unit
Cooling System : Central Air, Wall/window Unit(s), Varies By Unit
Fence : Wood
Patio : Covered, Patio
Roof Deck : Composition
Parking : 2
Appliances : Dishwasher, Disposal, Free-standing Gas Range, Free-standing Refrigerator
Association Fee : $0
Construction Materials : Frame, Brick Veneer
Exterior Features : Private Yard
Fireplace Features : Living Room
Fireplaces Total : 2
Flooring : Laminate
Foundation : Slab
Levels : One
Lot Features : Trees-moderate
Other Equipment : Dryer Connections, Washer Hookup, Stackable W/d Connections
Parking Features : Carport
Sewer : Public Sewer
Utilities : Phone Available, High Speed Internet
Address Map
Country : US
State : TX
County : Travis
City : Austin
Zipcode : 78741
Street : Parker
Street Number : 1608
Street Suffix : LN
Longitude : W98° 16' 2.6''
Latitude : N30° 14' 22.3''
Directions : I35 to East on Riverside. Turn right on Parker Lane. Duplex on the right.
Area : 9
MLS Addon
Office Name : Keller Williams Realty
Listing Agent Name : Gregory Tran
Front-Facing Direction : North
Elementary School : Travis Hts
High School : Travis
List Agent MLSID : ACT627600
List Office MLSID : ACT0991
Middle School : Martin
MLS Status : Pending
Parcel Number : 03030507130000
Subdivision Name : Payne Lloyd W
Tax Amount (Annual) : $9,663
TaxBlock : A
TaxMapNumber : 1A
TaxLegalDescription : LOT 1A RESUB OF LTS 1-6 PAYNE LLOYD W SUBD
TaxYear : 2023
ACT_EstimatedTaxes : $9,663
TaxAssessedValue : $489,263
ACT_TaxFilledSqftTotal : 1,415 Sqft
OriginalListPrice : $525,000
PreviousListPrice : $0
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Residential Income For Sale
  • Listing ID : ACT5475581
  • Square Footage : 1,343 Sqft
$525,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent