7304 Twin Crest DrAustin, TX 78752

Property Details for 7304 Twin Crest Dr

Year built

1972

Construction

WOOD FRAME

Lot size

0.47 AC

Property size (Sq ft)

11,451 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

231140814

APU

231140814

Description

Crestview Place is a meticulously maintained, 14-unit apartment building located in Austin, Texas, at 7304 Twin Crest Dr, 78752. This stabilized, value-add multifamily investment opportunity boasts 11,550 net rentable square feet across a single, two-story building on a 0.464-acre lot (APN 232675). Currently operating at 86% occupancy (as of October 8, 2024), the property features significant recent upgrades. These include a new TPO roof, renovated courtyard, new signage and exterior lighting, a replaced 90-gallon hot water heater, and a renovated laundry room. Thirteen of the fourteen units have undergone interior renovations, showcasing faux wood flooring, stainless steel appliances, modern fixtures, and upgraded kitchens. The property is zoned MF-3-NP and offers convenient access to major roadways (I-35, Highway 183, Highway 290), Downtown Austin, The University of Texas, and The Domain. Its proximity to the Crestview Station (CapMetro Rail and bus transit) provides tenants with easy access to Austin's public transportation system. This fee-simple ownership presents a compelling investment opportunity in a desirable Austin neighborhood.

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3363

Longitude

-97.7081

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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