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607 Bellevue PL
Austin, TX, 78705
$995,000
Beds
0 Baths
2,071 SqFt
0.16 Acres
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Now is a great time to elevate your investment portfolio with 607 Bellevue Place, a duplex strategically located in Austin’s Hancock neighborhood, directly next to the University of Texas. Perfectly positioned for investors with both Unit A and Unit B generating $2,800 per month each, yielding a total of $5,600 monthly rental income. After accounting for a 30% expense ratio, the net operating income (NOI) is approximately $3,920 per month or $47,040 annually.

The value of 607 Bellevue as an investment is unparalleled due to its proximity to UT, ensuring perpetual demand. This property is already leased through July of 2026, with the current rental prices reflecting this commitment. With projections of rental increases between 5-10% dependent on school enrollment trends, the investment potential here is not just in current income but in future value appreciation.

This is your sign to learn about why student housing investing is one of the most predictable returns you will find in the industry.

Property Details

Price:
$995,000
MLS #:
7797584
Status:
Active
Beds:
0
Baths:
0
Address:
607 Bellevue PL
Type:
Multi Family
Subtype:
Duplex
Subdivision:
College Court
City:
Austin
Listed Date:
Jan 30, 2025
State:
TX
Finished Sq Ft:
2,071
ZIP:
78705
Lot Size:
7,100 sqft / 0.16 acres (approx)
Year Built:
1956
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Schools

School District:
Austin ISD
Elementary School:
Lee
Middle School:
Kealing
High School:
McCallum

Interior

Appliances
Microwave, Free- Standing Gas Range, Free- Standing Refrigerator, Water Heater- Gas
Cooling
Attic Fan, Ceiling Fan(s), Central Air
Flooring
Carpet, Vinyl
Heating
Central, Natural Gas

Exterior

Community Features
None
Exterior Features
Private Yard
Other Structures
Storage
Parking Features
Carport
Roof
Composition

Financial

Map

Community

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607 Bellevue PL
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