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$589800   Price Analysis
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705 E 45th St Apt A
Austin, TX 78751
4 bed 2 bath 1948 SqFt ($302/SqFt)
7288SqFt lot. Built 1964
Listed 2024-05-22
Ⓧ USDA Ineligible
due to location

near Austin

Great opportunity in the desirable Hancock neighborhood of Austin

TX, close to The University of Texas at Austin, Airport Blvd and I-35. This duplex includes two 2bd/1ba units : 705A, rented at $1, 775/mo and 705B, rented t $1, 675/mo, with both leases ending in April 2025, making it ideal for investors. Each unit features a kitchen on the left as you enter, a living room with sliding doors leading to the back patio and bedrooms on the right. Both units are tenant-occupied, so please do not disturb the tenants.

Showings are by appointment with a 24-hour notice to qualified buyers. This property offers a 2-car carport with storage and laundry facilities on each side. Built in 1964 with a new roof installed in September 2021, the duplex spans 1, 948 sq ft on a 7, 832 sq ft lot. Priced significantly below the 2023 county tax appraised value of $765, 129, it provides equity and room for updates, sold as-is. The seller prefers to sell all three duplexes at 701, 703 and 705 E 45th St (total 6 units) together for $1.9M but may consider selling individual duplexes separately. Don't miss this investment opportunity!


Presented by Hiroki Irino at
StepStone Realty, LLC.


Property MLS #1635407 from UnlockMLS

Bedrooms: 4

Total Bathrooms: 0
Full Bathrooms: 2

Bookcases
Ceiling Fan(s)
No Interior Steps
Pantry
Flooring: Vinyl
Window Features: Aluminum Frames, Blinds, Screens

Cooktop
Dishwasher
Disposal
Cooktop Gas
Gas Range
Free-Standing Gas Oven
Gas Oven
RNGHD
Refrigerator
Laundry Features: In Carport

Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Kitchen, Laundry, Living Room

Cooling Features: Ceiling Fan(s), Central Air, Electric
Heating Features: Central, Natural Gas

Fencing: Back Yard
Other Structures: Storage
Patio And Porch Features: Enclosed, Patio, Rear Porch

Covered Spaces: 2
Garage Spaces: 2
Parking Features: Attached Carport, Driveway, Paved, Shared Driveway, Storage
Parking Total: 4

Lot Description: Alley Access, Trees-Moderate
Lot Size Acres: 0.1673
Lot Size Square Feet: 7288

View: Neighborhood, Trees/Woods
Other Equipment: Dryer Connections, Washer Hookup
Security Features: Smoke Detector(s)

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Lee
High School: McCallum
Middle School: Lamar (Austin ISD)
School District: Austin ISD

Lee Elementary School is a public elementary school located approximately 0.9 miles away.
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Mccallum High School is a public high school located approximately 1.5 miles away.
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Kealing Middle School is a public middle school located approximately 2.4 miles away.
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Odyssey School is a private elementary, middle and high school located approximately 0.2 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Furnished Description: Unfurnished
Unit-2 Furnished Description: Unfurnished
Unit 1 Total Actual Rent: 1775.00
Unit 2 Total Actual Rent: 1675.00

Annual Tax Amount: 13843.00
Tax Block: 4
Source Listing Status: Active
County: Travis
Directions: Take I-35 N to E 45th St. Take the Airport Blvd N ramp, Turn left onto Airport Blvd, Turn left onto E 45th St. Destination will be on the left.
Tax Year: 2023
Source Property Type: Residential Income
Area: 4
Source Neighborhood: Ridgetop Annex
Owner Pays: HVAC Maintenance, Insurance, Management, Repairs, Roof Maintenance, Taxes
Parcel Number: 02190806160000
Subdivision: Ridgetop Annex
Flood Plain: No
Property Subtype: Duplex
Source System Name: C2C

Price Changed 2024-07-15
$589800
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Listed 2024-05-22
$592040
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Listing removed 2022-04-25
$1600
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Listing removed 2022-04-14
$0
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Listed for rent 2022-04-04
$1600
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Listing removed 2019-03-27
$0
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Price Changed for rent 2019-03-13
$1450
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Price Changed for rent 2019-01-18
$1499
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Listed for rent 2018-11-19
$1550
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Listing removed 2015-09-23
$1495
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Listing removed 2014-11-13
$1375
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Price Changed for rent 2014-10-06
$1375
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Price Changed for rent 2014-10-04
$1395
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Price Changed for rent 2014-09-29
$1495
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Listed for rent 2014-09-08
$1500
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Total Square Feet Living: 1948
Year Built: 1964
Construction Materials: Brick, Masonry All Sides, Wood Siding
Direction Faces: NW
Foundation Details: Slab
Levels: One
Living Area Source: Public Records
Property Age: 60
Roof: Composition, Shingle
Year Built Source: Public Records

Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.