🚨Short term Rental Opportunity!!! 🏡 Prime Location off S. Congress📍

Travis County, Austin, TX, 78745
Sold
Listed at: September 24th, 2024
Price
$280,000
ARV
$350,000
Gross Margin
$70,000
Sq. Footage
1413
Type
Condo
Parking
Carport
Year build
1983
Lot size
acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
1
Summary

 

💰 Investor Opportunity in South Austin!

🏢 Property Type: 1,413 sq ft Condo  
📍 Location: 109 W Mockingbird Ln #A-2, Austin, TX 78745  
💲 Price Range: $387,000 – $460,000  
🛠️ Year Built: 1983  
🚗 Parking: Carport (480 sq ft)

Why Invest in This Property?
This spacious 1-story condo, located in the highly desirable 78745 zip code, offers numerous investment options! Zoned SF-6-NP, this property permits Single-Family, Multi-Family, and Short-Term Rentals, providing excellent cash-flow opportunities. The condo’s central South Austin location, close to Mopac and Hwy 290, ensures easy access to the city’s best amenities.

Nearby attractions include popular parks, shops, and dining along South Congress, offering strong rental appeal. With multiple schools, including Pleasant Hill Elementary and Crockett High School, within 1.5 miles, this property is also ideal for long-term family tenants. 

Key Highlights:

- Flexible zoning allows multi-family and short-term rentals.
- Walkable neighborhood with a Walk Score of 71/100.
- Surrounded by appreciating properties—similar homes are selling at $305+ per sq ft.
- Solid rental demand with average property prices rising in South Austin.

For more information or a private viewing, contact us today!

COMPS

4801 S. CONGRESS, UNIT F4, 78745

SOLD: 5/23/2024

Price: $441,161

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5924 S. CONGRESS, 78745

SOLD-  1/24/2024

PRICE: $446,890

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604 N. BLUFF DR. UNIT 204, 78745

SOLD- 3/24/2024

PRICE: $379,586

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Marisa Bretado

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Disposition manager