7608 Cayenne Ln

Austin, TX 78741

About this property

A prime value-add opportunity in the heart of East Austin, just off Riverside. This 3/2 is ideal for the investor, flipper, or buy-and-hold landlord looking for upside in one of Austin's most sought-after corridors. The home needs a full cosmetic rehab plus some major systems work, and contractor bids are already in hand.. making it easy to hit the ground running. Spacious bedrooms, a 2-car garage, and a spacious backyard give the next owner great bones to work with. Location is where this one truly delivers. Minutes from Downtown Austin, the airport, Oracle, Tesla, and Lady Bird Lake trails, with the highly anticipated River Park development just around the corner. The planned Blue Line Metro adds even more long-term appeal to an already strong location. More photos and contractor bids available upon request. Buyer to perform independent due diligence on ARV, rehab costs, and investment strategy.

About this property

A prime value-add opportunity in the heart of East Austin, just off Riverside. This 3/2 is ideal for the investor, flipper, or buy-and-hold landlord looking for upside in one of Austin's most sought-after corridors. The home needs a full cosmetic rehab plus some major systems work, and contractor bids are already in hand.. making it easy to hit the ground running. Spacious bedrooms, a 2-car garage, and a spacious backyard give the next owner great bones to work with. Location is where this one truly delivers. Minutes from Downtown Austin, the airport, Oracle, Tesla, and Lady Bird Lake trails, with the highly anticipated River Park development just around the corner. The planned Blue Line Metro adds even more long-term appeal to an already strong location. More photos and contractor bids available upon request. Buyer to perform independent due diligence on ARV, rehab costs, and investment strategy.

Features and Additional Information

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$265,000 Active
3 Bed(s)
2
Baths
1,203 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Compass RE Texas, LLC
1-512-575-3644
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Area Information

9 | Travis County | Riverside Meadows Sec 02

$ 265,000
This listing is play_arrow 10953.2% higher than the average in the area
$ 2,398 in the area
1,203 SqFt
This listing is play_arrow 43.5% smaller than the average in the area
2,130 SqFt in the area
$ 220 $/SqFt
This listing is play_arrow 19477.8% more than the average in the area
$ 1 $/SqFt in the area
66 days on site
This listing is play_arrow 70.0% below the average in the area
220 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    Baty
  • turned_in
    Middle School
    Ojeda
  • turned_in
    High School
    Del Valle
Listed By Jeffrey Grant
Brokerage: Compass RE Texas, LLC

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