$705,000
For Sale

5208 Evans Avenue #2

Austin, TX 78751
1098 sqft | 2 beds | 2.5 baths | 0.08 acres | #4200528
Browse 40 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

2023 Constructed Modern 2 bd/2.5 bath Condominium located in Central Austin's historic North Loop neighborhood that shares not just its boundaries but all of its charms with the historic Hyde Park area. Close to Downtown Austin, Hyde Park and UT! Enjoy the amazing and frequent Events at Mueller approximately 5 Minutes away. Stainless steel appliances, kitchen with quartz countertops, en-suite modern bathrooms with walk-in frameless glass showers, high ceilings, modern lighting and fan fixtures, privacy fence with remote controlled sliding gate for security, landscaping, gutters, a large 2-car carport and a huge shaded yard. Enjoy those sunsets on a huge balcony with designer outdoor tiles. Walking distance to shops, bars, and restaurants including Home Slice Pizza across the paved alley, and FlightPath Cafe a block away. House is part of a 2-unit Condo Regime but shares no walls or utilities so lives like a true single family home. The house has a long-term tenant until May 31, 2025 but its best value is captured with a short-term rental that is estimated to yield incredible annual cash flows with a cap rate exceeding 7%. This is an investor's dream property.

  • Interior Details
      • InteriorPantry, Quartz Counters, Recessed Lighting
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms2
      • Full Baths2
      • Half Baths1
  • Property Details
      • Exterior MaterialsBalcony, Private Entrance, Private Yard, Rain Gutters
      • Lot DescriptionAlley, Moderate Trees
    • Measurements
      • Acres0.08
      • Square Feet1098
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2023
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionHighlands
    • Location
      • Middle SchoolLamar (Austin ISD)
      • School DistrictAustin ISD
      • Elementary SchoolRidgetop
      • High SchoolMcCallum
      • CountyTravis
  • Financial Details
      • Original List Price$705,000
      • Days on Market (Cumulative)8
  • Other
      • MLS #4200528

Location

12 Agents Online Now
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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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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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