2904 Sweeney Lane
Austin, TX 78723
4060 sqft | 0.17 acres | #5685369
Description
UNIQUE OPPORTUNITY WITH SELLER FINANCING, PRICE REDUCED! CONTACT AGENT FOR DETAILS.
Seller offers short-term financing with 4% interest rate to give the buyer enough time to rehab and refi at a higher value. This alone will save the buyer over $40k+ on hard money points and interest! Plus, we are one of the cheapest priced fourplexes in Austin if you look at all sold comps in the last 1000 days.
2022 roof ($27k spent), the foundation appears to be performing. Spacious town-home style units are always in demand. Back units have spacious fenced yards and back into the greenbelt. Some upgrades in the units, rehab is needed to reach top market rent. Washer and dryer hookups in every unit - not typical for multifam in this neighborhood, huge plus.
This rapidly gentrifying area has incredible appreciation potential. The neighboring 10-unit has already been rehabbed and has great tenants in place. The 10-unit across the street that has been sitting vacant appears to have been finally sold. There couldn't be a better time to buy in this pocket. In addition, the lot is zoned MF-3 (medium-density multifamily), great for future redevelopment.
Property Details
- Utility FeaturesAbove Ground Utilities, Electricity Connected
- High SchoolNortheast Early College
- Middle SchoolBertha Sadler Means
- InteriorInterior Steps
- SubdivisionManor Estates
- Elementary SchoolPecan Springs
- ViewNeighborhood
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Lot DescriptionCul De Sac
- School DistrictAustin ISD
- Property SubtypeQuadruplex
- Original List Price$599,000
- Taxes Annual$12,198
- MLS #5685369
- MLS #5685369
- Acres0.1707
- Utility SourcePublic
- CountyTravis
- Cost599000
- Property ConditionResale
- Square Feet4060
- Year Built1972
- FoundationSlab
- Days on Market (Cumulative)154
- Fireplaces4
- Pets1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-01-31 10:02:58 UTC. 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.
The information being 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. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Courtesy
Listing Agent: Max Son (#817026), Phone: (512) 960-3253
Listing Office: Real (#8160)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
