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1203 Gregory LN, Round Rock, Texas 78664 For Sale

2,253 Sqft - 1203 Gregory LN, Round Rock, Texas 78664

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Property Description

Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation.

Key Features:
Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal.
Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history.
Income Potential: Competitive rental income with scope for future increases.
Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options.
Community Amenities: Close proximity to parks, recreational facilities, and community centers.

Stable cash flow with upward trending rental market.
Potential for asset appreciation in a high-demand area.
Opportunity for portfolio diversification.
Low vacancy rates with a strong tenant retention history.

The properties have been managed by a professional property management team, ensuring a hassle-free investment experience. In the last two years, the following has been repaired:
1201 Gregory – chimney and roof repair, replaced AC capacitor
1203 Gregory – replaced dishwasher motor, new AC condenser capacitor, blower motor capacitor, and flood switch, chimney and roof repair, replaced kitchen faucet

This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it’s a chance to invest in a growing community with a bright future.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : ACT9305836
Price : $485,000
Square Footage : 2,253 Sqft
Year Built : 1993
Lot Size : 9,278.28 Sqft
Property Sub Type : Duplex
Standard Status : Pending
Features
Heating System : Central, Natural Gas
Cooling System : Central Air, Ceiling Fan(s)
Fence : Privacy, Back Yard
Security : Smoke Detector(s)
Roof Deck : Composition
Parking : 4
Appliances : Dishwasher, Disposal, Free-standing Range, Water Heater
Association Fee : $0
Construction Materials : Frame, Brick Veneer
Fireplace Features : Living Room
Fireplaces Total : 2
Flooring : Carpet, Tile, Laminate
Foundation : Slab
Garage Spaces : 2
Interior Features : Walk-in Closet(s), High Ceilings, Ceiling Fan(s), Primary Bedroom On Main, No Interior Steps, Breakfast Bar
Levels : One
Lot Features : Trees-medium (20 Ft - 40 Ft), Front Yard
Other Equipment : Dryer Connections, Washer Hookup
Parking Features : Driveway, Attached, Concrete, Garage Faces Front
Sewer : Public Sewer
Utilities : Electricity Available, Water Available, Sewer Available, Natural Gas Available
Address Map
Country : US
State : TX
County : Williamson
City : Round Rock
Zipcode : 78664
Street : Gregory
Street Number : 1203
Street Suffix : LN
Longitude : W98° 19' 18.3''
Latitude : N30° 31' 55.8''
Directions : From IH 35 take US 79 NE, left on Mays, right on Bowman, Left on Egger, Left on Edwards, Right on Gregory Lane
Area : RRE
MLS Addon
Office Name : Real
Listing Agent Name : ianofaustin Williams
Front-Facing Direction : East
Elementary School : Union Hill
High School : Stony Point
List Agent MLSID : ACT660318
List Office MLSID : ACT8160
Middle School : Hopewell
MLS Status : Pending
Parcel Number : 0000000000000
Subdivision Name : Chapel Hill North Sec 03
Tax Amount (Annual) : $0
TaxBlock : D
TaxMapNumber : 39
TaxLegalDescription : Chapel Hill North Sec 3, Block D, Lot 39
TaxYear : 2023
ACT_EstimatedTaxes : $8,507
TaxAssessedValue : $449,053
ACT_TaxFilledSqftTotal : 2,253 Sqft
OriginalListPrice : $485,000
PreviousListPrice : $0
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Residential Income For Sale
  • Listing ID : ACT9305836
  • Square Footage : 2,253 Sqft
$485,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent