Off-Market Condo at 935 LA Posada Dr, Austin, TX 78752

935 LA Posada Dr, Austin, TX 78752

Unit - #217

$250,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $139 per day and long-term for an average of $1,619 per month, based on similar listings in the area. Estimated short-term cap rate of 1.0%. Estimated long-term cap rate of -2.4%. Welcome to #217 at La Costa Condos, a bright and inviting two-bedroom, two-bath residence that offers 849 square feet of comfortable living space. The interior is enhanced by vaulted ceilings, expanding the sense of space, and a motorized blind in the living room for modern convenience. Positioned with easy access to highways 290, 35, and 183, residents are just a 20-minute commute from downtown. Ideal for those seeking an affordable entry into the housing market without sacrificing the benefits of city life, this condo combines practicality and charm for everyday living.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$428
Rental Policy
daily
Yearly Taxes
$4356
Bedrooms
2
Bathrooms
2
SQFT
849
Furnished
N/A
Year built
1980
Listing Status
Off Market
MLS
6600976

Short-term Rental Potential
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$27,828

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$294

Price/SQFT

Long-term Rental Potential
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$19,428

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,619/mo

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