607 Bellevue Pl
Austin, TX 78705
- – beds
- – baths
- 2,071 sqft
- 7,100 sqft lot
- $480 per sqft
- 1956 build
- – on site
Now is a great time to elevate your investment portfolio with 607 Bellevue Place, a duplex strategically located in Austin's Hancock neighborhood, directly next to the University of Texas. Perfectly positioned for investors with both Unit A and Unit B generating $2,800 per month each, yielding a total of $5,600 monthly rental income. After accounting for a 30% expense ratio, the net operating income (NOI) is approximately $3,920 per month or $47,040 annually. The value of 607 Bellevue as an investment is unparalleled due to its proximity to UT, ensuring perpetual demand. This property is already pre-leased for the 2025 school year, with the current rental prices reflecting this commitment. With projections of rental increases between 5-10% dependent on school enrollment trends, the investment potential here is not just in current income but in future value appreciation. This is your sign to learn about why student housing investing is one of the most predictable returns you will find in the industry.
Last checked:
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Last updated Jan 31, 2025
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MLS# 7797584 —
The Building
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Year Built:1956
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New Construction:false
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Roof:Composition
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Foundation:Slab
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Exterior Features:Private Yard
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Accessibility Features:None
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Patio And Porch Features:None
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Window Features:Blinds
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Levels:One
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Direction Faces:West
Interior
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Interior Features:Ceiling Fan(s)
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Room Type:Primary Bedroom
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Flooring:Carpet
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Laundry Location:Common Area
Room Dimensions
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Living Area:2071
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Living Area Source:See Remarks
Financial & Terms
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Restrictions:None
Location
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Latitude:30.290943
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Longitude:-97.732688
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Directions:I-35 S exit 32nd street, Right on Dean Keaton, Right on Park Pl, Right on Harris Park Ave, Left on Bellevue Pl, house is on your left, unit A on left hand side.
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Parcel Number:02150510090000
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Property Condition:Resale
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Other Structures:Storage
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Lot Features:Level
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Lot Size Acres:0.163
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Lot Size Area:0 Sqft
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Lot Size SqFt:7,100 Sqft
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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:Back Yard
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FEMA Flood Plain:No
Listing Agent
- Contact info:
- Agent phone:
- (512) 762-8669
- Office phone:
- (512) 762-8669
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:Attic Fan
Utilities
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Utilities:Electricity Connected
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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:Microwave
Schools
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Elementary School:Lee
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Elementary School District:Austin ISD
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Middle School:Kealing
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Middle School District:Austin ISD
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High School:McCallum
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High School District:Austin ISD
The Community
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Subdivision Name:College Court
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Community Features:None
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Pool Features:None
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Pets Allowed:Negotiable
Parking
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Parking Features:Carport
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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 |
|---|---|---|---|---|
|
1/30/25
Jan 30, 2025
|
Listed / Active | ABOR | $995,000 |
