Description
Excellent investment opportunity with this fully leased duplex located in the heart of Dripping Springs, just minutes from Austin. Offered at a 6.25% cap rate, this property features long-term tenants on annual leases, with all utilities and expenses paid by tenants, ensuring low overhead and hassle-free ownership. Included in the sale are plans and documents for two additional duplexes, providing future development potential and added value. Don't miss this rare chance to invest in a growing market with strong rental demand and immediate cash flow.
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0BEDS
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0.75ACRES
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0BATHS
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01/2 BATHS
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608SQFT
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$821$/SQFT
School Information
Description
Excellent investment opportunity with this fully leased duplex located in the heart of Dripping Springs, just minutes from Austin. Offered at a 6.25% cap rate, this property features long-term tenants on annual leases, with all utilities and expenses paid by tenants, ensuring low overhead and hassle-free ownership. Included in the sale are plans and documents for two additional duplexes, providing future development potential and added value. Don't miss this rare chance to invest in a growing market with strong rental demand and immediate cash flow.
© 2025 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-05-20T15:00:44.95.
Based on information submitted to the MLS GRID as of 2025-05-20T15:00:44.95 (date and time MLS GRID Data was obtained).
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