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8503 Colony Loop Dr

Austin, TX 78724

– beds
– baths
3,120 sqft
13,394 sqft lot
$222 per sqft
1984 build
– on site

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.

Listing courtesy of ABOR / Jacob Rodrigues Pereira / North Loop Realty

Last checked: Checking… • Last updated Jul 24, 2024 •

MLS# 2900562 —

The Building

Year Built:

1984
Roof:

Shingle
Foundation:

Slab
Exterior Features:

Balcony
Levels:

Two
New Construction:

false
Window Features:

None
Patio And Porch Features:

Front Porch
Accessibility Features:

None
Direction Faces:

North

Interior

Room Type:

Primary Bedroom
Flooring:

Tile
Laundry Location:

In Unit

Room Dimensions

Living Area:

3120
Living Area Source:

Public Records

Financial & Terms

Restrictions:

None

Location

Latitude:

30.294371
Longitude:

-97.626851
Directions:

East on Loyola, North on Decker, right on Colony Loop. It's the first fourplex on the left.

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Parcel Number:

2174002030000
Property Condition:

Resale
Other Structures:

None
Lot Features:

Corner Lot
Lot Size Acres:

0.3075
Lot Size Area:

0 Sqft
Lot Size SqFt:

13,394 Sqft
SqFt Total:

3,216 Sqft
View:

None
Waterfront:

false
Waterfront Features:

Stream
Horse:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$9,597.84

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Tenant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Cooktop

Schools

Elementary School:

Overton
Elementary School District:

Austin ISD
Middle School:

Dobie (Austin ISD)
Middle School District:

Austin ISD
High School:

Lyndon B Johnson (Austin ISD)
High School District:

Austin ISD

The Community

Subdivision Name:

Colony Meadows Sec 01
Community Features:

None
Pool Features:

None

Parking

Parking Features:

Off-Street
Garage:

false
Attached Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
7/23/24 Jul 23, 2024	Listed / Active	ABOR	$695,000
7/16/24 Jul 16, 2024	Sold Subject To Contingencies	ABOR	$695,000
6/11/24 Jun 11, 2024	Listed / Active	ABOR	$695,000

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This multifamily located in East Austin, Austin, TX 78724 is currently for sale for $695,000. 8503 Colony Loop Dr is a 3,120 square foot multifamily with – beds and – baths that has been on Estately for 190 days. 8503 Colony Loop Dr is in the East Austin neighborhood of Austin and has a WalkScore® of 8, making it car-dependent. This multifamily is in the attendance area of Lbj Early College High School, Overton Elementary School, and Dobie Middle School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.