5208 Evans Avenue #2

Austin, TX 78751
$675,000
1098 sqft | 2 beds | 2.5 baths | 0.08 acres | #4200528

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
    • Interior Features
      • Interior:Pantry, Quartz Counters, Recessed Lighting
    • Beds & Baths
      • Bedrooms:2
      • Bathrooms:2.5
      • Full Baths:2
      • Half Baths:1
  • Property Details
    • Property
      • Lot description:Alley, Moderate Trees
      • Exterior materials:Balcony, Private Entrance, Private Yard, Rain Gutters
    • Measurements
      • Acres:0.08
      • Square Feet:1098
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2023
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
      • Utility features:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Highlands
    • Location
      • School district:Austin ISD
      • Elementary School:Ridgetop
      • Middle School:Lamar (Austin ISD)
      • High School:McCallum
      • County:Travis
  • Financial Details
    • Pricing Details
      • Original List Price:$705, 000
      • Days on Market (Cumulative):14
  • Other
    • Source
      • MLS #:4200528

Location

Nickolas LopezReal Estate Group
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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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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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