Off-Market Property at 15815 Axehandle Trl, Austin, TX 78717
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Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $432 per day and long-term for an average of $4,061 per month, based on similar listings in the area. Estimated short-term cap rate of -0.5%. Estimated long-term cap rate of -4.0%. Beautifully enhanced home in Heritage Oaks at Pearson Place, prime North Austin location near 45/Mopac/183, major tech employers, and various restaurants and shops. Zoned for award-winning Round Rock schools. This spacious home offers over 4,500 sq. ft., featuring 5 bedrooms, an office/study, 3.5 baths, 3 living areas (family room, game room, and media room), 2 dining areas (breakfast nook and formal dining), and a 3-car garage. The primary bedroom boasts a bay window, tray ceiling, and an elegant bathroom with dual vanities, a custom walk-in spa shower, and a garden tub. The gourmet kitchen is equipped with a large center island, granite countertops, double ovens, and an oversized pantry. Additional features include wood floors throughout the main living areas downstairs, a stacked stone fireplace in the living room, and a built-in bench and coat rack in the mudroom. Outdoor living is enhanced with a screened-in covered porch, custom stone paver patio, and professionally landscaped yard. The garage features epoxy flooring, ceiling storage racks, and a water softener loop. Neighborhood amenities include a pool, park, playground, tennis courts, and more. This home is a rare find in a prime location.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$80
Rental Policy
daily
Yearly Taxes
$17205
Bedrooms
5
Bathrooms
4
SQFT
4,566
Furnished
N/A
Year built
2018
Listing Status
Off Market
MLS
7582208

Short-term Rental Potential
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$93,012

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$279

Price/SQFT

Long-term Rental Potential
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$48,732

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$4,061/mo

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