5208 Evans Avenue #2 Austin, TX 78751

For Sale

Description

2023 Constructed Modern 2 bd/2.5 bath Condominium located in Central Austin's historic North Loop neighborhood that shares not just its boundaries but all of its charms with the historic Hyde Park area. Close to Downtown Austin, Hyde Park and UT! Enjoy the amazing and frequent Events at Mueller approximately 5 Minutes away. Stainless steel appliances, kitchen with quartz countertops, en-suite modern bathrooms with walk-in frameless glass showers, high ceilings, modern lighting and fan fixtures, privacy fence with remote controlled sliding gate for security, landscaping, gutters, a large 2-car carport and a huge shaded yard. Enjoy those sunsets on a huge balcony with designer outdoor tiles. Walking distance to shops, bars, and restaurants including Home Slice Pizza across the paved alley, and FlightPath Cafe a block away. House is part of a 2-unit Condo Regime but shares no walls or utilities so lives like a true single family home. The house has a long-term tenant until May 31, 2025 but its best value is captured with a short-term rental that is estimated to yield incredible annual cash flows with a cap rate exceeding 7%. This is an investor's dream property.

Interior Details
- Interior Features
  - Interior:Pantry, Quartz Counters, Recessed Lighting
- Beds & Baths
  - Bedrooms:2
  - Bathrooms:2.5
  - Full Baths:2
  - Half Baths:1
Property Details
- Property
  - Lot description:Alley, Moderate Trees
  - Exterior materials:Balcony, Private Entrance, Private Yard, Rain Gutters
- Measurements
  - Acres:0.08
  - Square Feet:1098
Construction Details
- Type & Style
  - Property type:Purchase
- Condition
  - Year built:2023
- Material information
  - Foundation:Slab
Utilities / Energy Details
- Utility
  - Sewer information:Public Sewer
  - Utility source:Public
  - Utility features:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community and Neighborhood Details
- Community
  - Subdivision:Highlands
- Location
  - School district:Austin ISD
  - Elementary School:Ridgetop
  - Middle School:Lamar (Austin ISD)
  - High School:McCallum
  - County:Travis
Financial Details
- Pricing Details
  - Original List Price:$705, 000
  - Days on Market (Cumulative):15
Other
- Source
  - MLS #:4200528

Location

Legal

Based on information submitted to the MLS GRID as of 2024-11-22 07:00:31 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: Today at 5:50 AM. Source: ACTRIS