Description
Excellent investment opportunity with this fully leased duplex located in the heart of dripping springs, just minutes from austin. offered at a 6.25% cap rate, this property features long-term tenants on annual leases, with all utilities and expenses paid by tenants, ensuring low overhead and hassle-free ownership.
included in the sale are plans and documents for two additional duplexes, providing future development potential and added value. don’t miss this rare chance to invest in a growing market with strong rental demand and immediate cash flow.
Property Type
ResidentialIncomeCounty
HaysStyle
ResidentialIncomeAD ID
49409822
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Property Details
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Interior Features
Interior Features
- CeilingFans,MainLevelPrimary,NoInteriorSteps
- Roof: Metal
Roofing Information
- Metal
Flooring Information
- Concrete
Heating & Cooling
- Heating: Central
- Cooling:
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Exterior Features
Building Information
- Year Built: 1993
Exterior Features
- NoExteriorSteps
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Property / Lot Details
Lot Information
- Lot Description: InteriorLot,Level
- Main Square Feet: 0.748
Property Information
- Subdivision: na
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- AttachedCarport,Driveway
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School, Utilities & Location Details
School Information
- Elementary School: Walnut Springs
- Junior High School: Dripping Springs Middle
- Senior High School: Dripping Springs
Utility Information
- AboveGroundUtilities,ElectricityAvailable,WaterAvailable
Location Information
- Direction: From Highway 290 W you'll turn left onto Purcell and then take a left onto Rose Drive and the duplex is the first house on your right.
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BuyOwner last updated this listing 04/21/2025 @ 15:07
- MLS: 8716673
- LISTING PROVIDED COURTESY OF: D. Scott Daves, Stanberry REALTORS
- SOURCE: ACTRIS
is a Home, with 2 bedrooms which is for sale, it has 608 sqft, 1 sized lot, and 1 parking. are nearby neighborhoods.