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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,253 sqft
Price per Sqft $212
Subdivision Chapel Hill North Sec 03
MLS Listing ID 3247593
Year Built 1993
Tax Year 2023
Lot Size 9,278 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation.
Key Features:
Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal.
Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history.
Income Potential: Competitive rental income with scope for future increases.
Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options.
Community Amenities: Close proximity to parks, recreational facilities, and community centers.
Stable cash flow with upward trending rental market.
Potential for asset appreciation in a high-demand area.
Opportunity for portfolio diversification.
Low vacancy rates with a strong tenant retention history.
The properties have been managed by a professional property management team, ensuring a hassle-free investment experience.
This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.
For all offers, please submit at this link: https://propy.com/offers/make/for-property/65eb530d20f53a8ad7755e11
Location
State TX
County Williamson
Interior
Heating Central, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Laminate, Tile
Fireplaces Number 2
Fireplaces Type Living Room
Exterior
Exterior Feature None
Garage Spaces 2.0
Fence Back Yard, Privacy
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description Front Yard, Trees-Medium (20 Ft - 40 Ft)
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Frame
New Construction No
Schools
Elementary Schools Union Hill
Middle Schools Hopewell
High Schools Stony Point
School District Round Rock Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Allowed Negotiable
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