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5208 Evans Ave # 2
Austin, TX, 78751
$705,000
2 Beds
2.5 Baths
1,098 SqFt
0.08 Acres
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2023 Constructed Modern 2 bd/2.5 bath Condominium located in Central Austin’s historic North Loop neighborhood that shares not just its boundaries but all of its charms with the historic Hyde Park area. Close to Downtown Austin, Hyde Park and UT! Enjoy the amazing and frequent Events at Mueller approximately 5 Minutes away. Stainless steel appliances, kitchen with quartz countertops, en-suite modern bathrooms with walk-in frameless glass showers, high ceilings, modern lighting and fan fixtures, privacy fence with remote controlled sliding gate for security, landscaping, gutters, a large 2-car carport and a huge shaded yard. Enjoy those sunsets on a huge balcony with designer outdoor tiles. Walking distance to shops, bars, and restaurants including Home Slice Pizza across the paved alley, and FlightPath Cafe a block away. House is part of a 2-unit Condo Regime but shares no walls or utilities so lives like a true single family home. The house has a long-term tenant until May 31, 2025 but its best value is captured with a short-term rental that is estimated to yield incredible annual cash flows with a cap rate exceeding 7%. This is an investor’s dream property.

Property Details

Price:
$705,000
MLS #:
4200528
Status:
Active
Beds:
2
Baths:
2.5
Address:
5208 Evans Ave # 2
Type:
Condo
Subtype:
Condominium
Subdivision:
Highlands
City:
Austin
Listed Date:
Nov 10, 2024
State:
TX
Finished Sq Ft:
1,098
ZIP:
78751
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
2023
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Schools

School District:
Austin ISD
Elementary School:
Ridgetop
Middle School:
Lamar (Austin ISD)
High School:
McCallum

Interior

Appliances
Dishwasher, Free- Standing Gas Range, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Concrete, Wood
Heating
Central

Exterior

Community Features
None
Exterior Features
Balcony, Gutters Full, Private Entrance, Private Yard
Other Structures
None
Parking Features
Carport
Roof
Shingle

Financial

HOA Frequency
See Remarks
HOA Includes
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HOA Name
5208 Evans Avenue Site Condominiums

Map

Community

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5208 Evans Ave # 2
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