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Austin Premiere Location Duplex $550k

7305 Grand Canyon Dr, Austin
ROI
13.54% IRR
Strategy
Long Term Rental
Occupied duplex minutes from Downtown Austin, the Domain, and Mueller. Currently leased for $3,590 / month with room to bump up rents as leases renew. Currently leased through spring 2025 for no vacancy risk. High end finishes throughout, very low maintenance expense. The current property management team is experienced and wants to stay on as well. Taxes $10169.

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Austin Premiere Location Duplex $550k

Listed 01/01/2025

7305 Grand Canyon Dr, Austin

Purchase Price:$550,000

Cash Outlay:$148,500

Cashflow:$458/mo

Cap Rate:4.84%

IRR:13.54%

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