$430,000
Sold

3415 Lynridge Drive

Austin, TX 78723
1896 sqft | 0.23 acres | #5227051
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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!

  • Property Details
      • InteriorWindow Coverings, Wet Bar, Skylight(s), Desk, Ceiling Fan(s), Cedar Closet(s), Bookcase(s), Alarm System-Owned
      • Exterior MaterialsSprinkler System, Patio-Non Covered, Landscaped, Fenced
      • Property SubtypeSingle Family Residence
      • School DistrictLubbock ISD
      • High SchoolHigh School
      • Elementary SchoolElementary
      • Date Closed1800-01-01
      • Middle SchoolJr. High
      • Style1 Story
      • CountyLubbock
      • MLS #9974566
      • MLS #9974566
      • Property TypeRental
      • Square Feet5179
      • Year Built1963
      • Cost3000
      • Cost Closed3000
      • Bathrooms4.5
      • Subdivision406
      • Days On Market240
      • Bedrooms4
      • Full Baths4
      • Half Baths1
      • Days on Market (Cumulative)8
      • Garage Spaces2

Location

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