Off-Market Property at 7406 Lunar Dr, Austin, TX 78745
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Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $375 per day and long-term for an average of $2,367 per month, based on similar listings in the area. Estimated short-term cap rate of 11.4%. Estimated long-term cap rate of -0.1%. Reduced and ready for your good offers. Totally remodeled! New Drywall is a level 5 drywall finish - luxury home finish. Seller/Remodeler says "...everything is brand new, roof, HVAC, water heater, insulation..." Other new features include Quartz counter tops & backsplash, cabinetry with under cabinetry lighting, Low E windows, New Siding, new doors inside & out. Seller/Remodeler has converted one side of the former two car garage into an office/study or it can also be used as a fourth bedroom? A short wall has been removed so that the home has a nice open and more spacious feel. Home is centrally located in the heart of South Austin and so shopping, restaurants, and entertainment are all just a few minutes from you front door. Open the "Twin Double Back Doors" for a wonderful opportunity to bring the outside into your home, just add some outdoor furniture & maybe a BBQ pit to the back patio.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1095
Bedrooms
4
Bathrooms
2
SQFT
1,200
Furnished
N/A
Year built
1973
Listing Status
Off Market
MLS
5750087

Short-term Rental Potential
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$77,670

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$359

Price/SQFT

Long-term Rental Potential
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$28,404

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,367/mo

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