7002 Bennett Ave

Austin, TX 78752

About this property

Exceptional opportunity to acquire a recently remodeled duplex in Austin's rapidly evolving St. Johns submarket. The property offers multiple investment strategies including traditional long-term rental, owner-occupancy with supplemental income, or long-term hold for appreciation.Unit A currently generates strong rental income while Unit B provides flexibility for owner occupancy or lease-up at market rents. Historical tenancy has been exceptionally stable, with the most recent tenant occupying one unit for approximately eight years.Key investment highlights include:Recently remodeled unitsSeparate utility metersStrong rental demand locationMinutes to Downtown Austin, UT, Mueller, and major employment centersLarge lot with future upside potentialStable tenant historyLow-maintenance duplex configurationOpportunity to increase cash flow through lease optimizationThe surrounding neighborhood continues to experience significant reinvestment with newer duplex, condo, and townhome developments contributing to rising property values and increasing demand for housing. Central Austin locations with income-producing assets on fee-simple lots remain increasingly difficult to replace.Ideal for investors seeking long-term appreciation combined with current income, or owner-occupants looking to substantially reduce housing costs through rental income. A rare opportunity to secure a cash-flowing asset in one of Austin's most active redevelopment corridors.

About this property

Exceptional opportunity to acquire a recently remodeled duplex in Austin's rapidly evolving St. Johns submarket. The property offers multiple investment strategies including traditional long-term rental, owner-occupancy with supplemental income, or long-term hold for appreciation.Unit A currently generates strong rental income while Unit B provides flexibility for owner occupancy or lease-up at market rents. Historical tenancy has been exceptionally stable, with the most recent tenant occupying one unit for approximately eight years.Key investment highlights include:Recently remodeled unitsSeparate utility metersStrong rental demand locationMinutes to Downtown Austin, UT, Mueller, and major employment centersLarge lot with future upside potentialStable tenant historyLow-maintenance duplex configurationOpportunity to increase cash flow through lease optimizationThe surrounding neighborhood continues to experience significant reinvestment with newer duplex, condo, and townhome developments contributing to rising property values and increasing demand for housing. Central Austin locations with income-producing assets on fee-simple lots remain increasingly difficult to replace.Ideal for investors seeking long-term appreciation combined with current income, or owner-occupants looking to substantially reduce housing costs through rental income. A rare opportunity to secure a cash-flowing asset in one of Austin's most active redevelopment corridors.

Features and Additional Information

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$525,000 Active
2,376 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Pure Realty
1-512-337-0400
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Area Information

3 | Travis County | St Johns College Addn

$ 525,000
This listing is play_arrow 23285.3% higher than the average in the area
$ 2,245 in the area
2,376 SqFt
This listing is play_arrow 98.0% larger than the average in the area
1,200 SqFt in the area
$ 221 $/SqFt
This listing is play_arrow 11710.8% more than the average in the area
$ 2 $/SqFt in the area
65 days on site
This listing is play_arrow 61.3% below the average in the area
168 days on site in the area

Schools in the Area

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    Elementary School
    Pickle
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    Middle School
    Webb
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    High School
    Northeast Early College
Listed By Roland Castillo
Brokerage: Pure Realty

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