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Crystal Olenbush

512-344-6000
  • 511 E 50th Street

  • $799,000
  • 2866 SQ. Feet, 0.21 Acres Residential Income Austin, TX 78751

Investment Opportunity in Hyde Park - Duplex on large lot with 3 bed/3bth on each side. $3950 total monthly rent, leases expire 7/31/2021. Options to remodel and increase rental income or tear down and rebuild. Duplex next door at 601 E. 50th also for sale and is same layout. Rents are lower due to Covid impacting student lease market. Typically rent for $2200 each. Tenants also pay $100 per month for water. Owner also selling two other duplexes in Hyde Park and will be in MLS soon. 4513 Speedway, $869,000, 3x3 on each side and 3408 Cedar St.,$929,000 with a 2/2 and 3/2 on Huge lot. Buy them all for income producing portfolio. Properties sold as-is. No surveys, originals lost in 2014 house fire. Buyer to buy survey. Buyers agent to do due diligence. All units exact same floorplan. Pictures may be of different units.

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Essential Information

  • MLS® #7770943
  • Price$799,000
  • Bathrooms0.00
  • Square Footage2,866
  • Acres0.21
  • Year Built1984
  • TypeResidential Income
  • Sub-TypeDuplex
  • StatusActive Under Contract

Community Information

  • Address511 E 50th Street
  • SubdivisionMueller Fred A
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78751

Amenities

  • FeaturesNone
  • ParkingAsphalt, Outside, Parking Lot
  • ViewNone

Utilities

Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available

Interior

  • InteriorCarpet, Laminate
  • CoolingCentral Air, Electric
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesLiving Room
  • StoriesOne

Appliances

Dryer, Dishwasher, Exhaust Fan, Electric Oven, Free-Standing Electric Range, Disposal, Refrigerator, Washer

Heating

Central, Exhaust Fan, Electric, Fireplace(s)

Exterior

  • WindowsAluminum Frames, Blinds
  • RoofComposition, Shingle
  • FoundationSlab

Lot Description

City Lot, Level, Trees Medium Size

Construction

Asphalt, Frame, Vertical Siding

School Information

  • DistrictAustin ISD
  • ElementaryRidgetop
  • MiddleLamar (Austin ISD)
  • HighMcCallum

Map & Directions

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Property Listed by: Austin Evolution Residential

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 8th, 2021 at 11:16am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.