$740,000
For Sale

8412 Garcreek Circle

Austin, TX 78724
3968 sqft | 0.52 acres | #3508102
Browse 40 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Prime East Austin investment and development opportunity! Presenting a fourplex with potential to develop additional units (MF-2 zoning) on a spacious ½ acre lot on a half-moon cul-de-sac. A Land Planning Report with details is available upon request. This property features four units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 990 sq ft. Two units are leased, while two are vacant, allowing for flexibility to occupy or lease to tenants meeting your preferred criteria. Units A, B, and D are recently refreshed, with easy-to-maintain vinyl plank flooring throughout. The living rooms all come with fireplaces showcased in brick hearths, while the kitchens offer an electric range, fridge, pantry, and laundry closet. Upstairs you will find two bedrooms along with a full shared bathroom, with a half bathroom and laundry closet on the main floor. Each unit has backyard space, with potential for individual fencing to enhance value. The expansive lot offers ample space for further development. Conveniently located near 183 and 130, just 8 miles from Downtown Austin and 10 miles from the airport. Situated at Decker & Loyola, close to the Expo Center and Walter E Long Metropolitan Park, which is set for significant redevelopment, positioning this area as a promising long-term investment. Schedule your showing today!

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available
      • InteriorCeiling Fans, Interior Steps, Laminate Counters, Pantry, Storage
      • Lot DescriptionBack Yard, Interior Lot, Level, Trees Large Size
      • High SchoolLyndon B Johnson (Austin ISD)
      • Middle SchoolDobie (Austin ISD)
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Property SubtypeQuadruplex
      • Exterior MaterialsLighting
      • Original List Price$740,000
      • Elementary SchoolOverton
      • Taxes Annual$11,347
      • MLS #3508102
      • MLS #3508102
      • Acres0.5165
      • Utility SourcePublic
      • SubdivisionColony
      • CountyTravis
      • Cost740000
      • Property ConditionResale
      • Square Feet3968
      • Year Built1985
      • FoundationSlab
      • Fireplaces4
      • Days on Market (Cumulative)7
      • Pets1

Location

3 Agents Online Now
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Down Payment

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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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