Off-Market Property at 1106 Echo Ln, Austin, TX 78745
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1106 Echo Ln, Austin, TX 78745

$499,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $194 per day and long-term for an average of $2,192 per month, based on similar listings in the area. Estimated short-term cap rate of 0.9%. Estimated long-term cap rate of -2.5%. Come see this amazing single story, 3-bedroom, 2-bath, 2-car garage home. Located in highly sought-after South Austin. This home has an abundance of natural light with beautiful flooring throughout. The kitchen has quartz countertops, modern cabinet hardware, and stainless steel appliances. Gorgeous primary bedroom located on the main floor, with walk-in closet, full bath with spa-like shower. Secondary bedrooms are comfortable in size. Relax on your covered patio or cozy up next to your living room fireplace. There is no better way to experience easy-style living in a prime location. Convenient access to great restaurants and fantastic shops. Schedule your showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7083
Bedrooms
3
Bathrooms
2
SQFT
1,226
Furnished
N/A
Year built
1974
Listing Status
Off Market
MLS
2866611

Short-term Rental Potential
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$43,548

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$407

Price/SQFT

Long-term Rental Potential
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$26,304

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,192/mo

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