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8503 Colony Loop DR, Austin, Texas 78724 For Sale

3,120 Sqft - 8503 Colony Loop DR, Austin, Texas 78724

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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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : ACT2900562
Price : $695,000
Square Footage : 3,120 Sqft
Year Built : 1984
Lot Size : 13,394.70 Sqft
Property Sub Type : Quadruplex
Standard Status : Active
Features
Heating System : Central
Cooling System : Central Air
Patio : Front Porch
Roof Deck : Shingle
Parking : 8
Appliances : Dishwasher, Disposal, Cooktop, Electric Range
Association Fee : $0
Construction Materials : Wood Siding, Masonry – Partial
Exterior Features : Balcony
Flooring : Tile, Vinyl
Foundation : Slab
Levels : Two
Lot Features : Corner Lot, Wetlands
Other Equipment : Dryer Connections, Washer Hookup, Electric Dryer Hookup
Parking Features : Off Street
Sewer : Public Sewer
Utilities : Cable Connected, Electricity Connected, Sewer Connected, Water Connected, High Speed Internet
Waterfront Features : Stream
Address Map
Country : US
State : TX
County : Travis
City : Austin
Zipcode : 78724
Street : Colony Loop
Street Number : 8503
Street Suffix : DR
Longitude : W98° 22' 23.3''
Latitude : N30° 17' 39.7''
Directions : East on Loyola, North on Decker, right on Colony Loop. It's the first fourplex on the left.
Area : 3E
MLS Addon
Office Name : North Loop Realty
Listing Agent Name : Jacob Rodrigues Pereira
Front-Facing Direction : North
Elementary School : Overton
High School : Lyndon B Johnson (Austin ISD)
List Agent MLSID : ACT724150
List Office MLSID : ACT4506
Middle School : Dobie (Austin ISD)
MLS Status : Active
Parcel Number : 2174002030000
Subdivision Name : Colony Meadows Sec 01
Tax Amount (Annual) : $9,598
TaxBlock : C
TaxMapNumber : 21
TaxLegalDescription : LOT 21 BLK C COLONY MEADOWS SEC 1
TaxYear : 2024
ACT_EstimatedTaxes : $8,964
TaxAssessedValue : $557,337
ACT_TaxFilledSqftTotal : 3,216 Sqft
OriginalListPrice : $695,000
PreviousListPrice : $0
SpecialListingConditions : Standard
Importer Addon
Close Prc : $0
C$/SqFt : $0
$SqFt : $0
Residential Income For Sale
  • Listing ID : ACT2900562
  • Square Footage : 3,120 Sqft
$695,000
Agent info
Stacy Caprio
Ready Real Estate
Austin, TX
Contact Agent