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2802 Westhill Dr

Austin, TX 78704
  • $1,325,000
  • STATUS: Active
  • ID#: 2519034
UPDATED: 25 min ago
$1,325,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,526
    SQFT
  • $376
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1967
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

SELLER FINANCING AVAILABLE AT 4.85%! Skip the hassle of the traditional mortgage process and circumvent skyrocketing interest rates with this rare opportunity to purchase a central Austin investment with Seller Financing. Contiguous properties with one owner allow for seller financing of both as well as a number of ways to structure the sale, depending upon buyer needs. Contact listing agent for more details. 2802 Westhill Dr and neighboring 2804 Westhill Dr (Each quadplex listed separately for sale, MLS ID for 2804 Westhill is 1613964) present an opportunity to purchase two neighboring quadplexes in the Zilker/Barton Hills area. Easy access to Greenbelt, Barton Springs Pool, Hike & Bike trail as well as South Lamar Dining & Entertainment. Zoned MF-3. Each property has been thoughtfully maintained and features two 1br/1.5ba units and two 2br/1.5ba units. Ample parking and private fenced yards for rear units. One vacant unit in each building has been updated with LVP flooring & fresh paint. The list of possible investment strategies is lengthy. Buy one, or both! Purchasing both allows the unique ability to finance a total of 8 doors with conventional lending. One could Buy & Hold As-Is, Renovate, House Hack as a primary residence (Short Term Rental licensing potential with a primary residence), potentially combine units for a larger owner-occupied space. Redevelop (combined lots = approx .45 acre) or even potentially separate units into a condo regime for individual sale. Quote for condo regime has been requested and will be added to the docs once received. Recently renewed units are leasing between $1800-2200 + additional potential upside with renovations. Dont miss this one of a kind investment opportunity! Refrigerators and Washer/Dryers in each unit convey. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc.

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© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). 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.The information 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. Data last updated: 2022-08-08T16:01:39.767.

Austin Board of Realtors logo Based on information submitted to the MLS GRID as of 2022-08-08T16:01:39.767 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
www.ororealtytx.com/homes/128701582
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2802 Westhill Dr Austin, TX 78704

  • Price: $1,325,000
  • Status: Active
  • On Site: Days
  • Updated: 25 min ago
  • ID#: 2519034
0
Beds
0
Baths
0
½ Baths
0.24
Acres
3,526
SQFT
$376
$/SQFT
1967
Built
Neighborhood:
Barton Village Sec 02
County:
Travis
Area:
Austin
Elementary School:
Barton Hills
Middle School:
O Henry
High School:
Austin
School District:
Austin ISD
Property Description
SELLER FINANCING AVAILABLE AT 4.85%! Skip the hassle of the traditional mortgage process and circumvent skyrocketing interest rates with this rare opportunity to purchase a central Austin investment with Seller Financing. Contiguous properties with one owner allow for seller financing of both as well as a number of ways to structure the sale, depending upon buyer needs. Contact listing agent for more details. 2802 Westhill Dr and neighboring 2804 Westhill Dr (Each quadplex listed separately for sale, MLS ID for 2804 Westhill is 1613964) present an opportunity to purchase two neighboring quadplexes in the Zilker/Barton Hills area. Easy access to Greenbelt, Barton Springs Pool, Hike & Bike trail as well as South Lamar Dining & Entertainment. Zoned MF-3. Each property has been thoughtfully maintained and features two 1br/1.5ba units and two 2br/1.5ba units. Ample parking and private fenced yards for rear units. One vacant unit in each building has been updated with LVP flooring & fresh paint. The list of possible investment strategies is lengthy. Buy one, or both! Purchasing both allows the unique ability to finance a total of 8 doors with conventional lending. One could Buy & Hold As-Is, Renovate, House Hack as a primary residence (Short Term Rental licensing potential with a primary residence), potentially combine units for a larger owner-occupied space. Redevelop (combined lots = approx .45 acre) or even potentially separate units into a condo regime for individual sale. Quote for condo regime has been requested and will be added to the docs once received. Recently renewed units are leasing between $1800-2200 + additional potential upside with renovations. Dont miss this one of a kind investment opportunity! Refrigerators and Washer/Dryers in each unit convey. Information provided is deemed reliable, but is not guaranteed and should be independently verified. Buyer or Buyer's Agent to verify measurements, schools, & tax, etc.
Exterior Features

Attached Garage YN No Construction Materials Brick Veneer Covered Spaces 0 Direction Faces East Exterior Features Private Yard Fencing Back YardPrivacy Foundation Details Slab Garage Spaces 0 Garage YN No Levels Two Lot Features Back YardTrees-Medium (20 Ft - 40 Ft)Trees-Moderate Other Structures None Parking Features Off StreetParking Lot Patio And Porch Features Patio Roof CompositionShingle View Neighborhood Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherDisposalExhaust FanRangeRefrigeratorWasher/DryerWater Heater-Gas Cooling Central AirElectric Fireplaces Total 0 Flooring TileVinyl Heating CentralNatural Gas Interior Features Ceiling Fan(S)Walk-In Closet(S) Laundry Location Outside Unit Room Type BedroomBathroomKitchenLiving RoomLoft Window Features Aluminum Frames

Property Features

Accessibility Features None Association YN No Community Features None Estimated Taxes 18683 Horse YN Yes Listing Terms CashConventionalOwner May CarrySee Remarks New Construction YN No Pets Allowed Negotiable Property Condition Resale Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 18683 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedWater Connected Water Source Public

Property listed by Compass Re Texas, Llc.


© 2022 Austin Board of REALTORS® (alternatively, from ACTRIS). 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.The information 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. Data last updated: 2022-08-08T16:01:39.767.

Austin Board of Realtors logo Based on information submitted to the MLS GRID as of 2022-08-08T16:01:39.767 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for MLS GRID DMCA Notice
 
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