201 Covala Dr - Residential Income FOR SALE


Cedar Park, TX 78613
$449,000 USD
979-575-1148
201 Covala Dr, Cedar Park, TX for Sale
$449,000 USD
Residential Income - FOR SALE
1/44
null | 5.46% Cap Rate

201 Covala Dr
Cedar Park, TX 78613


HIGHLIGHTS

  • Appraised for $588k - Asking $100k below
  • Top-Tier School Districts
  • Growing Suburb of Austin
  • All major CapEx Completed

OVERVIEW

Motivated Seller! Turn this massive home (plus huge game room) into yours for below as-is appraisal value of $588k (appraisal and nearly spotless inspection report attached) New Roof and HVAC system installed AFTER attached inspection report completed. Completed renovations include, but not limited to: Brand new roof (architectural shingles w/30 yr warranty) Brand new carpet Brand new fence Brand new chandeliers All new ceiling fans and light fixtures Brand new A/C system (inside and out) Brand new interior paint through out Transferrable lifetime foundation warranty (just the garage had to be lifted, rest of house was in great condition) Water Heater ~6 yrs old Located in top tier school districts. There is a lot of walk-in closet space between two bedrooms to add a sizeable Jack and Jill bathroom to turn this into a 5/3.5 if buyer wants. As-Is Appraisal for $588k and inspection report attached (nearly spotless) Buyer to confirm all property and school zoning info themselves. Seller selling below market value because has another deal lined up and needs to move money to a larger investment quickly.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

5.46%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

25% below Appraised Value

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R370484

ASK ABOUT THIS PROPERTY

Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

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Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.