Betty Epperson of Epperson Realty Group

MLS: 7474888     $489,000
2 Bedrooms with 1 Bath

MLS: 7474888 Condo For Sale
2525 S LAMAR BLVD 218
AUSTIN TX 78704

MLS:  7474888
Status:  ACTIVE
List Price:  $489,000
Price per SQFT:  $510
Square Footage:  958

2 Bedrooms
1 Bath
Year Built:  2007
Zip Code:  78704

 

Listing Remarks

Little Money-Making machine!! Fantastic Investment Opportunity. Property is currently an active, licensed Short term Rental on Airbnb. It has received fantastic ratings, avg daily rental rates and occupancy history. Property was remodeled just this year with over $35,000 in upgrades including painted kitchen cabinets, new Quartz countertops, new kitchen sink, faucet and cabinet hardware, wood shelving, lighting throughout, new tile in the bathroom, new bathroom sink, lighting and mirrors, walk-in master closet with all new built-ins, soundproofing wall in the master bedroom, new chandelier, new built-in shoe and storage in the guest bedroom. This is a turnkey investment property and perfect pied-e-terre. Furnishings negotiable and may also be sold with the property for a day one turnkey property. Buyer to acknowledge it is the intention of the seller to complete a 1031 exchange. Buyer agrees to cooperate with no extra expense to buyer. Buyer to honor existing rental reservations though Dec 31st, 2021 and will receive all rental future rental income as per date of closing.

Address: 2525 S LAMAR BLVD 218 AUSTIN TX 78704

Listing Courtesy of MCALLISTER & ASSOCIATES

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Listing Photos


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Listing Details


STATUS:Active
SPECIAL LISTING CONDITIONS:Standard
LISTING CONTRACT DATE:2021-11-21
AREA:6
BEDROOMS:2
BATHROOMS FULL:1
BATHROOMS HALF:0
LIVING AREA SQ FT:958
YEAR BUILT:2007
Taxes:$7,029
HOA/MGMT CO:Spaces 2525 Condominiums
HOA FEES FREQUENCY:Monthly
HOA FEES:$211
HOA INCLUDES:CommonAreas, Heat, HotWater, MaintenanceGrounds, Parking, Trash, Water
APPLIANCES INCLUDED:WasherDryerStacked, Dishwasher, GasCooktop, Disposal, GasWaterHeater, IceMaker, Microwave, Oven, Refrigerator, StainlessSteelAppliances
CONSTRUCTION:SeeRemarks
EXTERIOR FEATURES:Balcony, ExteriorSteps, Lighting, PrivateEntrance
FIREPLACE:None
FLOORING:Concrete
HEATING:Central
INTERIOR FEATURES:BreakfastBar, BuiltinFeatures, CeilingFans, Chandelier, DoubleVanity, HighCeilings, HighSpeedInternet, MainLevelMaster, NoInteriorSteps, OpenFloorplan, QuartzCounters, RecessedLighting, WalkInClosets
LEGAL DESCRIPTION:UNT 218 SPACES 2525 CONDOMINIUMS PLUS 1. 9296 % INT IN COM AREA
LOT FEATURES:Landscaped, SprinklersAutomatic, SprinklersInGround, TreesLargeSize
# GARAGE SPACES:0
PARKING FEATURES:AdditionalParking, Assigned, Covered
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
ROOF:SeeRemarks
POOL FEATURES:None
SPA FEATURES:None
DIRECTION FACES:Northwest
VIEW:Garden, TreesWoods

Estimated Monthly Payments


List Price:$489,000
20% Down Payment:$97,800
Loan Amount:$391,200
Loan Type:30 Year Fixed
Interest Rate:3.5 %
Monthly Payment:$1,757

Estimate does not include taxes, fees, insurance.

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Property Location: 2525 S LAMAR BLVD 218 AUSTIN TX 78704



Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Based on information from the Austin Board of Realtors

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Last Updated: 2021-11-26