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Dripping Springs,TX 78620
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 608 sqft
Price per Sqft $820
Subdivision Na
MLS Listing ID 8716673
Year Built 1993
Tax Year 2024
Lot Size 0.748 Acres
Property Sub-Type Duplex
Property Description
Excellent investment opportunity with this fully leased duplex located in the heart of Dripping Springs, just minutes from Austin. Offered at a 6.25% cap rate, this property features long-term tenants on annual leases, with all utilities and expenses paid by tenants, ensuring low overhead and hassle-free ownership.
Included in the sale are plans and documents for two additional duplexes, providing future development potential and added value. Don't miss this rare chance to invest in a growing market with strong rental demand and immediate cash flow.
Location
State TX
County Hays
Interior
Heating Central
Cooling Central Air
Flooring Concrete
Exterior
Exterior Feature No Exterior Steps
Garage Spaces 1.0
Fence Partial
Pool None
Community Features None
Utilities Available Above Ground,Water Available
Waterfront Description None
View Neighborhood
Roof Type Metal
Building
Lot Description Interior Lot,Level,Public Maintained Road
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type HardiPlank Type,Stone Veneer
New Construction No
Schools
Elementary Schools Walnut Springs
Middle Schools Dripping Springs Middle
High Schools Dripping Springs
School District Dripping Springs Isd
Others
Special Listing Condition Standard
Pets Allowed No