Round Rock, TX 78664,1201 Gregory LN
$485,000
Est.Price: ?

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2,253 SqFt

1201 Gregory LN Round Rock, TX 78664

Est. payment /mo
SOLD DATE : 05/30/2024

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,253 sqft

Price per Sqft $212

Subdivision Chapel Hill North Sec 03

MLS Listing ID 3247593

Sold Date 05/30/24

Originating Board actris

Year Built 1993

Tax Year 2023

Lot Size 9,278 Sqft

Property Description

Welcome to 1201/1203 Gregory Lane, a prime investment opportunity in a sought-after neighborhood. This unique listing presents a rare chance to own two adjacent, income-generating properties. Each property has been maintained and is currently occupied by tenants in both units, offering both immediate cash flow and potential for value appreciation.

Key Features:
Location: Situated in a thriving community, the properties are ideally located near business districts, shopping centers, and top-rated schools. Easy access to major transportation routes enhances tenant appeal.
Occupancy Rates: High historical occupancy rates, with a diverse tenant base and strong rental history.
Income Potential: Competitive rental income with scope for future increases.
Parking & Accessibility: Ample parking for tenants and visitors, along with convenient access to public transport options.
Community Amenities: Close proximity to parks, recreational facilities, and community centers.

Stable cash flow with upward trending rental market.
Potential for asset appreciation in a high-demand area.
Opportunity for portfolio diversification.
Low vacancy rates with a strong tenant retention history.

The properties have been managed by a professional property management team, ensuring a hassle-free investment experience.
This is an incredible opportunity for investors seeking a stable and lucrative addition to their portfolio. 1201/1203 Gregory Lane is more than just properties; it's a chance to invest in a growing community with a bright future.

For all offers, please submit at this link: https://propy.com/offers/make/for-property/65eb530d20f53a8ad7755e11

Location

State TX

County Williamson

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), High Ceilings, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Number 2

Fireplaces Type Living Room

Fireplace Y

Appliance Dishwasher, Disposal, Free-Standing Range, Water Heater

Exterior

Exterior Feature None

Garage Spaces 2.0

Fence Back Yard, Privacy

Pool None

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront No

Waterfront Description None

View None

Roof Type Composition

Accessibility None

Porch None

Total Parking Spaces 4

Building

Lot Description Front Yard, Trees-Medium (20 Ft - 40 Ft)

Faces East

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick Veneer,Frame

New Construction No

Schools

Elementary Schools Union Hill

Middle Schools Hopewell

High Schools Stony Point

School District Round Rock Isd

Others

Pets Allowed Negotiable

Restrictions None

Acceptable Financing Cash, Conventional, FHA, VA Loan

Tax Rate 1.754045

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Pets Description Negotiable

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Listed by Real
Bought with Central Metro Realty

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Mariel "Ari" Perez

Agent | License ID: 782625

+1(512) 927-7020

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