Turnkey 5 Bed Pool Home with NO HOA and Light Value-Add Potential for STR

406 Oak Ridge Dr, Pflugerville
30.60% IRR
Short Term Rental
Turnkey 5 bed pool home with no HOA and light value-add potential for STR. 20 minutes from North Austin and The Domain. 2,982 sq ft 5 bed, 4 bath two story pool home built in 1985. Granite counters, stainless appliances, dual HVAC and water heaters. Turnkey condition with some dated oak finishes. Furnish and rent as-is with lower out of pocket costs, or update cosmetics to improve STR marketability and brand as a higher-end stay with higher nightly rate.

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Turnkey 5 Bed Pool Home with NO HOA and Light Value-Add Potential for STR

Listed 03/16/2023

406 Oak Ridge Dr, Pflugerville

Purchase Price:$525,000

Cash Outlay:$181,750


Cap Rate:10.80%


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