$740,000
 $3,972 est/mo Sourced by Back At You

8412 Garcreek Cir , Austin, TX 78724

Austin, TX 78724

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Description

Prime East Austin investment and development opportunity! Presenting a fourplex with potential to develop additional units (MF-2 zoning) on a spacious ½ acre lot on a half-moon cul-de-sac. A Land Planning Report with details is available upon request. This property features four units, each offering 2 bedrooms, 1.5 bathrooms, and approximately 990 sq ft. Two units are leased, while two are vacant, allowing for flexibility to occupy or lease to tenants meeting your preferred criteria. Units A, B, and D are recently refreshed, with easy-to-maintain vinyl plank flooring throughout. The living rooms all come with fireplaces showcased in brick hearths, while the kitchens offer an electric range, fridge, pantry, and laundry closet. Upstairs you will find two bedrooms along with a full shared bathroom, with a half bathroom and laundry closet on the main floor. Each unit has backyard space, with potential for individual fencing to enhance value. The expansive lot offers ample space for further development. Conveniently located near 183 and 130, just 8 miles from Downtown Austin and 10 miles from the airport. Situated at Decker & Loyola, close to the Expo Center and Walter E Long Metropolitan Park, which is set for significant redevelopment, positioning this area as a promising long-term investment. Schedule your showing today!

Details

MLS#3508102
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1985
Days On Site23
Listing Provided ByCompass RE Texas, LLC | David Ivy

Features

SQ Feet3,968
Story(s)2
Acreage0.52
Property ViewNeighborhood

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of February 16, 2025 at 12:08:21 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78724
Area3E
Community NameColony Meadows Sec 02
School DistrictLyndon B Johnson (Austin ISD)
Elementary SchoolOverton
Middle SchoolDobie (Austin ISD)
High SchoolLyndon B Johnson (Austin ISD)
Listing VS Median (in Colony Meadows Sec 02)
Price:
$740,000
low | high
Med:
$1,350
100% of Average
SqFt:
3,968
low | high
Med:
946
100% of Average
$ / SqFt:
$186
low | high
Med:
$1
100% of Average
On Site:
23
low | high
Med:
102.500000
22.439024390244% of Average
Sourced by Back At You
Listing Updated: February 14, 2025 at 1:59:06 PM PST