8311 Georgian Drive

Austin, TX 78753
$287,000

Description

8311 Georgian in Austin, TX, is a fantastic investment opportunity for developers and investors alike. This multi-unit property features 2-4 units, each currently occupied by tenants on month-to-month leases, offering immediate rental income with flexibility for future plans. Situated in a rapidly growing area, this property presents endless potential. Whether you’re looking to renovate and increase rental yields or start fresh with a complete redevelopment, this is the perfect canvas for your next project. Many investors in the area are capitalizing on the potential to scrape and rebuild, taking advantage of Austin’s robust real estate market. Don’t miss out on this rare opportunity to own a multi-unit property in a desirable Austin neighborhood with plenty of upside for future growth!

  • Property Details
      • Pool:1
      • Acres:0.2132
      • Property type:Purchase
      • Year built:1975
      • Subdivision:WALLACE J P
      • School district:Austin ISD
      • Elementary School:Allison
      • Middle School:Bailey
      • High School:Akins
      • County:Travis
      • Original List Price:$337, 500
      • Days on Market (Cumulative):50
      • Taxes annual:$5, 218
      • MLS #:3295296
      • Cost:287000
      • Property subtype:Other
      • MLS #:3295296

Location

Michael RamseyReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

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.

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