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702 W Crestland Drive, Austin, TX – $1,100,000

  • 4 Beds
  • 4 Baths
  • 1,929 Sqft
  • .19 Acres
  • 4 Beds
  • 4 Baths
  • 1,929 Sqft
  • .19 Acres

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702 W Crestland Drive

Cashflow opportunity with 98% occupancy! Completely renovated 3 Bed 2 Full Bath income generating property with completely separate sleeps 4 + 2 bath air bnb guesthouse. Investor's market cash flow in current bnb market is 10,400/ mo if both units are BNB (with of occupancy 99% for 2021 and 98% for 2022). New standing seam metal roof on main house and newer metal roof on back house (lasts forever), completely new HVAC/ ductwork, new electric wiring/ outlets, 2 new tankless WHs, new water lines, new gas lines and complete updated and tasteful finish-out! Potential for third ADU when applicable Austin code is passed for another $3000-4000 per month or more in BNB potential. Must see, turnkey, neighbor currently does property management and guest turn-over! Gorgeous park directly across the street and within walking distance there are charming trails and endless options of shopping and dining! Back house was featured in Austin Cool Homes Tour and it is also an Austin 5 Star Green Energy Rated Property! Matterports for front and backhouse: https://my.matterport.com/show/?m=QTQYA8M93hk backhouse: https://my.matterport.com/show/?m=hyPqztMrRQP

Essential Information

  • MLS® #7984315
  • Price$1,100,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Square Footage1,929
  • Acres0.19
  • Year Built1953
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive Under Contract

Community Information

  • Address702 W Crestland Drive
  • SubdivisionNorthway Crest Sec 02
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78752

Amenities

  • FeaturesDog Park, Park, Trails/Paths
  • ParkingDriveway, Attached Carport
  • # of Garages1
  • ViewPark/Greenbelt
  • WaterfrontNone

Utilities

Electricity Connected, Water Connected, See Remarks

Interior

  • InteriorTile, Wood
  • HeatingCentral
  • # of Stories1
  • StoriesOne

Appliances

Microwave, Refrigerator, Dryer, Free-Standing Gas Range, Washer

Exterior

  • Exterior FeaturesRain Gutters, Private Yard
  • RoofMetal
  • ConstructionHardiPlank Type
  • FoundationPillar/Post/Pier

Lot Description

Back Yard, Landscaped, See Remarks, Trees Large Size

School Information

  • DistrictAustin ISD
  • ElementaryBrown
  • MiddleWebb
  • HighNavarro Early College

Price Change History for 702 W Crestland Drive, Austin, TX (MLS® #7984315)

Date Details Price Change
Price Reduced $1,100,000 $50,000 (4.35%)
Price Reduced $1,150,000 $25,000 (2.13%)
Price Reduced $1,175,000 $25,000 (2.08%)
Price Reduced (from $1,250,000) $1,200,000 $50,000 (4.00%)
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Property Listed by: Keller Williams Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 4th, 2022 at 7:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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