For Sale
$1,700,000

8510 Mesa DrAustin, TX 78759

Great Hills location, high occupancy, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
116
This Austin triplex, located at 8510 Mesa Dr, offers a compelling investment opportunity. The property, built in 1974, comprises 13,113 square feet and features three units: two spacious 2,580-square-foot townhouse-style condos and a 664-square-foot studio apartment. All units boast updated interiors, including natural wood flooring, new carpeting upstairs, and washer/dryer hookups. Kitchens are fully equipped with granite/quartz countertops and stainless steel appliances. Central air conditioning and heating are standard, along with on-site parking. Residents enjoy access to a recently resurfaced and renovated private pool. The property sits in a highly desirable rental market, just five minutes from The Arboretum at Great Hills and ten minutes from The Domain. A commute to downtown Austin takes less than 20 minutes. The property is zoned SF-3 and boasts 100% occupancy. The asking price is $1,700,000, representing a price per square foot of $129.64 and a price per unit of $566,666.67. Seller financing is currently available.

Highlights

  • Austin triplex investment opportunity, 13,113 SF, 100% occupancy.
  • Three units: two 2,580 SF townhouses and one 664 SF studio, all with updated interiors, granite/quartz countertops, stainless steel appliances, and washer/dryer hookups.
  • Private pool, recently resurfaced and renovated.
  • Highly desirable rental market, 5 minutes from The Arboretum at Great Hills, 10 minutes from The Domain, <20 minutes to downtown Austin.
  • Asking price: $1,700,000 ($129.64/SF, $566,666.67/unit); Seller financing available.

Property Details for 8510 Mesa Dr

Property type
Apartment buildings
Square Feet
13,113 SF
Year Built
1974
Buildings
1
Stories
2
Units
3

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.378348
Longitude
-97.753245
8510 Mesa Dr, Austin, Texas

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8510 Mesa Dr
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