3415 Lynridge Drive, Austin

$450,000

0 Bed
0 Bath
1,896 Sqft
.23 Acre
0 Garage

Exceptional duplex investment opportunity in East Austin. This fantastic investment property is situated on a spacious nearly quarter-acre cul-de-sac lot that backs to Winn Park. This property offers a unique blend of investment potential and comfortable living, ideal for those looking to reside in one unit while leasing the other, or simply adding a solid asset to their portfolio. Enjoy seamless connectivity with easy access to highways 183 and 290, just 5 miles from the vibrant Mueller district, 7 miles from Downtown Austin, and 10 miles from The Domain and the North Austin tech corridor. Each unit features 2 bedrooms and 2 full bathrooms, complemented by large, private fenced-in backyards with park views. The main living areas and primary bedrooms are accentuated by vaulted ceilings with exposed beams. Unit A features stylish, low-maintenance vinyl plank flooring, while Unit B comes equipped with stainless steel appliances. Both units offer great potential for enhancements, increasing their appeal and value. Currently, both units are leased, ensuring immediate rental income. Unit A is leased at $1,560/month, expiring in January 2025, and Unit B at $1,600/month, expiring in July 2025. Whether you’re looking to move into one side and lease the other, or maintain both as rental properties, this duplex offers unparalleled flexibility in a rapidly growing area. Additional perks include no HOA fees and access to Google Fiber, enhancing the attractiveness of this property. Seize this opportunity to invest in a burgeoning neighborhood, blending the tranquility of park-side living with the convenience of urban proximity. Contact the Listing Agent to schedule a showing today!

Essential Information
MLS® #5227051
Price$450,000
Bathrooms0.00
Square Footage1,896
Acres0.23
Year Built1983
TypeResidential Income
Sub-TypeDuplex
StatusActive
Community Information
Address3415 Lynridge Drive
Area3
SubdivisionVintage Hills Sec 06
CityAustin
CountyTravis
StateTX
Zip Code78723
Amenities
ParkingAttached Carport, Driveway
ViewPark/Greenbelt, Neighborhood
WaterfrontNone
Utilities

Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available

Features

Playground, Park, Trails/Paths, Curbs

Interior
InteriorLaminate, Tile, Vinyl
HeatingCentral
FireplaceYes
# of Fireplaces2
FireplacesLiving Room
# of Stories1
StoriesOne
Appliances

Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Washer

Exterior
Exterior FeaturesPrivate Yard
RoofComposition, Shingle
ConstructionFrame, Masonry, Stone
FoundationSlab
Lot Description

Back Yard, Cul-De-Sac, Front Yard, Backs to Greenbelt/Park, Interior Lot, Level, Trees Medium Size, Trees Small Size

School Information
DistrictAustin ISD
ElementaryAndrews
MiddleWebb
HighLyndon B Johnson (Austin ISD)
Additional Information
Date ListedOctober 29th, 2024
Days on Market3
Listing Details
Office Contact(512) 761-8024
Property History
Price Reduced from $475,000 to $450,000
LISTING MAP

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HOMES WITH HALL REALTY

Property Listed by: Compass RE Texas, LLC

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 2nd, 2024 at 9:15pm CDT. 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.