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8412 Garcreek CIR
Austin, TX, 78724
$695,000
Beds
0 Baths
3,968 SqFt
0.52 Acres
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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!

Property Details

Price:
$695,000
MLS #:
3508102
Status:
Active
Beds:
0
Baths:
0
Address:
8412 Garcreek CIR
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Colony Meadows Sec 02
City:
Austin
Listed Date:
Jan 23, 2025
State:
TX
Finished Sq Ft:
3,968
ZIP:
78724
Lot Size:
22,499 sqft / 0.52 acres (approx)
Year Built:
1985
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Schools

School District:
Austin ISD
Elementary School:
Overton
Middle School:
Dobie (Austin ISD)
High School:
Lyndon B Johnson (Austin ISD)

Interior

Appliances
Dishwasher, Disposal, Electric Range, Exhaust Fan, Electric Oven, Refrigerator, Electric Water Heater
Cooling
Central Air
Fireplaces Total
4
Flooring
Vinyl
Heating
Central

Exterior

Community Features
Curbs, Sidewalks
Exterior Features
Lighting
Other Structures
None
Parking Features
Off Street, Outside, Parking Lot
Roof
Composition, Shingle

Financial

Taxes
$11,348

Map

Community

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8412 Garcreek CIR
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