8503 Colony Loop Drive, Austin

$695,000

0 Bed
0 Bath
3,120 Sqft
.31 Acre
0 Garage

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.

Essential Information
MLS® #2900562
Price$695,000
Bathrooms0.00
Square Footage3,120
Acres0.31
Year Built1984
TypeResidential Income
Sub-TypeQuadruplex
StatusActive
Community Information
Address8503 Colony Loop Drive
Area3E
SubdivisionColony Meadows Sec 01
CityAustin
CountyTravis
StateTX
Zip Code78724
Amenities
FeaturesNone
ParkingOff Street
ViewNone
WaterfrontStream
Utilities

Cable Available, Cable Connected, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Interior
InteriorTile, Vinyl
HeatingCentral
# of Stories2
StoriesTwo
Appliances

Cooktop, Dishwasher, Electric Range, Disposal

Exterior
Exterior FeaturesBalcony
Lot DescriptionCorner Lot, Wetlands
RoofShingle
ConstructionMasonry, Wood Siding
FoundationSlab
School Information
DistrictAustin ISD
ElementaryOverton
MiddleDobie (Austin ISD)
HighLyndon B Johnson (Austin ISD)
Additional Information
Date ListedJune 11th, 2024
Days on Market137
Listing Details
Office Contact(512) 576-7249
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Property Listed by: North Loop Realty

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® (alternatively, from ACTRIS) from November 3rd, 2024 at 5:45pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.