2904 Sweeney Ln
Austin, TX 78723
- – beds
- – baths
- 4,060 sqft
- 7,435 sqft lot
- $151 per sqft
- 1972 build
- – on site
** PRICE REDUCED - WE ARE THE LOWEST PRICED QUADPLEX IN AUSTIN BY FAR ** ONE UNIT IS VACANT, TEXT AGENT TO SHOW. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES! ** Discover a one-of-a-kind investment opportunity with this income-producing fourplex in East Austin, sitting on an MF-3 zoned lot (medium-density multifamily). $5100 monthly rental income, with room to increase rents by ~25%. Lots of upgrades including brand new roof. Desirable townhome-style units enjoy high rental demand and historically had vacancy only during make ready. Two units in the front are 2 bed/1.5 bath, two units in the back are 1 bed/1.5 bath. Each unit has a laundry room with washer and dryer hookups. Back units have spacious backyards, front units have fenced patios. Enjoy phenomenal 9.1% cap rate with market rents, coupled with the incredible appreciation potential of this rapidly gentrifying area. Contact agent for rent rolls, pro forma and pictures of all units. Occupied units will be shown under contract.
Last checked:
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Last updated Nov 6, 2024
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MLS# 2024421 —
The Building
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Year Built:1972
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New Construction:false
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Levels:Two
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Foundation:Slab
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Roof:See Remarks
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Exterior Features:None
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Window Features:None
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Patio And Porch Features:None
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Accessibility Features:None
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Direction Faces:SW
Interior
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Interior Features:Interior Steps
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Room Type:Bedroom
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Flooring:Carpet
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Fireplace:Living Room
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Fireplaces Total:4
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Laundry Location:Multiple Locations
Room Dimensions
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Living Area:4060
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Living Area Source:Public Records
Location
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Directions:From 1-35, Go South on Hwy-183. Right on Manor Rd, Left on Sweeney. Property on left.
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Latitude:30.306241
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Longitude:-97.679122
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Property Condition:Resale
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Parcel Number:02202114430000
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Lot Features:Cul-De_Sac
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Lot Size Acres:0.1707
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Lot Size Area:0 Sqft
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Lot Size SqFt:7435.69
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SqFt Total:4060
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View:Neighborhood
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Waterfront:false
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Waterfront Features:None
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Horse:false
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Fencing:Wood
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Other Structures:None
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 415-6244
- Office phone:
- (512) 960-3253
Taxes
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Tax Annual Amount:12198.63
The Listing
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Special Listing Conditions:Standard
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Listing Terms:Cash
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Occupant Type:Tenant
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Above Ground
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Sewer:Public Sewer
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Water Source:Public
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Electric On Property:true
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Pecan Springs
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Elementary School District:Austin ISD
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Middle Or Junior School:Bertha Sadler Means
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Middle Or Junior School District:Austin ISD
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High School:Northeast Early College
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High School District:Austin ISD
The Community
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Subdivision Name:Manor Estates
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Community Features:See Remarks
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Pets Allowed:Negotiable
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Association:false
Parking
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Parking Features:Outside
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Garage:false
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/6/24
Nov 6, 2024
|
Price Changed | ABOR | $615,000 | -2.2% |
|
10/17/24
Oct 17, 2024
|
Price Changed | ABOR | $629,000 | -1.6% |
|
9/13/24
Sep 13, 2024
|
Price Changed | ABOR | $639,000 | -1.5% |
